₦airaland Forum

Bludeville: Well Spoken. Nigerians do not seem to have the ability to look past appearances. I watched the interview and i was proud of my president [size=14pt]simply because[/size] he is my president. I listened to what he said and I heard. Everybody seems so hung up on his appearance, and composure. And the meat of the matter, nobody even cared to analyse. I am truly disappointed in the reactions to the interview.

nobody cared? the meat of the matter..electricity, corruption, unemployment....

rfams: Eh ya, I feel for you, but have you had of the quote "Cut your coat according to your size" ? If that's your size, then you self mount a mikano like your neighbors

...then mount the Mikano on a Sub woofer


You gotta love this city!! better than sin city!

http://www.punchng.com/business/money/underwriters-spend-80-of-income-on-management-naicom/

80 percent of income is spent on management cost

they are basically like the civil service ...no real impact just waiting for government to pay the annual life insurance and pick up the local content percentages of the ioc/foreign players

The National Insurance Commission (NAICOM) is seriously concerned about the rising management expenses of Insurance companies in Nigeria. To question the expenses, NAICOM joined shareholders to scrutinise financial reports closely at the yearly general meeting and also to demand explanations from the boards, something this is of great interest to investors of Insurance companies.


NAICOM organized a one day workshop themed 'Improving investment attractiveness of the Nigerian Insurance industry". At this forum it was discovered that the management expenses of Nigerian insurance companies are highest in Africa as companies spent 80% of premium generated on themselves. This is a major factor weakening the financial stability of the Nigerian insurance companies and the forum highlighted that in most other countries, management cost range between 25-30% of the premium earned by a given company but in Nigeria it is as high as 80%.

The forum also lamented the fact that insurance companies in Nigeria keep undercutting eachother to gain business but do not target the untapped potential of insurance in Nigeria. It is a known fact that more than 90% of people in Nigeria do not have any form of life insurance in Nigeria. So the forum was questioning why the insurance companies keep on ignoring this large market that is untapped in the country.


The Deputy Commissioner for Insurance (Technical), Mallam Ibrahim Hassan urged shareholders of companies to be mindful of reported operational expenses in the books of companies and described the current situation where a large portion of the Gross Premium ends up in operating expenses as not healthy. He said that the adoption of IFRS in financial reporting is in line with international best practice and should attract foreign investment in the insurance sector.


So what the forum discussed is very essential to shareholders of Nigerian insurance companies who have been suffering for the past few years. Shareholders of these companies will be hoping that companies get a grip of their management expenses and report what is fair so that their investments can recover some of the losses from the past few years.

reporting for easykobo.com on Monday, March 25 2013 from Lagos, Nigeria.

EasyKobo

https://www.nairaland.com/894895/touring-africa-come-along-south

something similar here not sure if it took off

seems as muc has people want to do stuff like this theres always some hesitation perharps funds, cultural difference or blah

i see people from other countries doing this very often- very random people who have never met each other

bump

worldnews

there are several threads in the travel section dealing with uk visits and student applications...

still alive?

dat gal need to et some dumbells for her arms...see as them be like water yam


is that tiwa? doesn't look like her

OP

have you actually ever been to nigeria.... or been recently?

and

Have you installed this anywhere in Nigeria...yourself ?

coming soon, the contract is being prepared

some people have been missing from nairaland lately

Oladayo Araromi, a nurse at Hudson County jail making $79,298, has been suspended without pay, Hudson County spokesman Jim Kennelly said today.

hmm greedy nurse

our vast graveyard lol

if only our journalists can dig up all these 'promised' and approvals

Dyt: I didn't read where u had a babe
Abi na only u dey go abt and get back to d cold bed all alone
*bends mouth*

*raise eyebrow*

...hotel beds are very comfy, you can set the room temp to whatever u fancy

The Abuja Technology Village will be built to international standard to enable it propel the nation into industrialisation and realisation of the Federal Government’s vision of making Nigeria one of the top twenty industrialised countries in world. The FCT Minister, Dr. Aliyu Modibbo Umar made this revelation at the weekend in Abuja while receiving the management team of the National Incubation Technology Center led by its Director-General, Professor Gambo Laraba Abdullahi that paid him a courtesy call in his office.

since 2005

Kenya 'Konza' Technology City

Kenya's president has launched a $14.5bn (£9.1bn) project to build a new city intended to be an IT business hub and dubbed "Africa's Silicon Savannah".

It will take 20 years to build Konza Technology City about 60km (37 miles) from the capital, Nairobi.

It is hoped that more than 20,000 IT jobs will be created in Konza by 2015, and more than 200,000 jobs by 2030.

Despite Kenya's usually divisive politics, the project has the backing of all political parties.

Konza is part of the government's ambitious Vision 2030 initiative to improve much-neglected infrastructure over the next 18 years.

Correspondents say the government also wants to take advantage of the growing number of software developers in the East African nation

http://www.bbc.co.uk/news/world-africa-21158928

nada!!

Constantin: Why is nobody taking up the dicussion [size=16pt]about this great project that is going to be built shortly? [/size]If such a project had been posted on an Indian forum, a lot of people would have already joined the discussion ith great enthusiam.

Guys, this is not the right way to move our ountry forward

This is a great business opportunity for every Nigerian and the thread goes unanswered. It is a pity, sorry!

shortly.....it's a pity ooo

2005-2013 still on paper

Come to Naija Abi wetin you sef dey find there? Bills?

business rate?

fringes of the Red light

Marijuana museum


didnt adjust the camera for night mode... i be amatuer

another huge museum...walking

Sunday...

itinerary
Stedelijk Museum

Red Light District

Dam Square/ Central Park

lovely!

Obi said, "The minister has not refused to sign the schedules. There is a procedure and all schedules are currently being processed. This is routine exercise and the minister has no reason to withhold or refuse to sign them.

routine and yet late

BUT THERE WERE ABOUT 8 IGBO CANDIDATES IN THE LAST PRESIDENTIAL ELECTION, I WONDER HOW MANY VOTES THEY GOT

hmm na wa o, some people can take but can't give 2010 till 2013- not even a line or two for others seeking advice

Thank Goodness many people are embracing death...

but if na naija hmmm hope dey

Management in Africa is like rocket science sometimes,

if you dont pay for services rendered how in the world will people ever take you serious

chino11: Beaf has always been a strong supporter of GEJ and Uduaghan. Since the disappearance of Beaf, Uduaghan and GEJ has been left bare with no e-warrior to fend for them.

are you sure, he's recruit 40 temp assistant since on a monthly bases, you'll notice they are sharing the role with new handles popping up