Fidelity Guarantee insurance for individuals

Francis EwheridoMay 28, 2018

Fidelity Guarantee insurance is an insurance policy designed to protect the policyholder against the loss of money or property sustained as a direct result of acts of fraud, theft or dishonesty by an employee in the course of employment discovered during the currency of the insurance or termination of employment of the employee, whichever shall […]

Unlocking the potential of African youth

Olukayode OyeleyeMay 28, 2018

Africa sits on a time bomb, waiting to explode for good or for ill. With a population estimated at 1,287,920,518 in 2018, a population density of 42.51, a growth rate of 2.52 percent and projected to rise to 1,703,537,504, a population density of 56.22 and a growth rate of 2.23 percent, by 2030, the continent […]

GIT: Which is better, spend N90,000 or lose N2m?

Francis EwheridoMay 21, 2018

On a daily basis, at least one articulated vehicle carrying goods veers off the road, overturns, falls off the road, catches fire or is involved in one form of road mishap or the other on the Sagamu to Onitsha head bridge road. These accidents are not peculiar to this road; they are also common on […]

The insurance world

Francis EwheridoMay 14, 2018

In my interactions, I have found out that the average Nigerian, including very educated people, have a shallow understanding of how the insurance industry is organized. There are many insurance professionals and entities operating within the insurance space. We have the insurance companies, reinsurance companies, insurance brokers, actuaries, loss adjusters and insurance agents. Of course, […]

Claims procedure

Francis EwheridoMay 7, 2018

The main reason individuals and corporate bodies take up insurance is that if the peril insured against occurs, they would be restored to the financial position they were before the fortuitous event. In insurance, we refer to this act as the principle of indemnity. But before the financial restoration takes place, there are laid down […]

Sustaining agriculture and food security in Africa through innovation

Olukayode OyeleyeMay 7, 2018

African continent presents stark contrasts in socio-economic contexts. In these contexts are embedded contradictions and crises associated with development, wealth creation and well-being on a continental scale. In food production and consumption, the current realities remain worrisome. This is despite the enormous potential in agriculture that remains to be unlocked. With a landmass of about […]

Comprehensive motor insurance policy conditions and exceptions

Francis EwheridoApril 30, 2018

I went for presentation some time ago. In the course of the presentation, I told my audience that if their drivers stole their vehicles, they were not entitled to any remedies, even if the vehicle was comprehensively insured. Uproar followed; all my attempts to explain to them fell on deaf ears. “It’s daylight robber” was […]

Surmounting the hurdles in Africa’s cotton and textile industry (3)

Olukayode OyeleyeApril 30, 2018

Te perspective for growth in the hydrocarbon-based alternative to cotton can only get better. This is against the backdrop that the rising demand for clothing materials may stretch cotton supply to the limit. Despite the discovery of this substitute, cotton still continues to be highly relevant as the demand for natural fibres continues to increase […]