By Alex C Oasis Insurance plc third quarter (Q3) profit rises by 113.9 percent as the Nigerian insurer continues to grow through its market penetrating products, analysis of the financial statement shows. The impressive result beats analysts estimate, given the environmental challenges bedeviling the industry. For the nine months through September 2014, Oasis pretax profit surged by 113.9 percent to N238.94 million, from N111.72 million the same period of the corresponding year (Q3) 2013. The company also recorded impressive result at the top-line level as gross premium written increased by 13.70 percent to N1.31 billion, as against N1.15 billion the…
Author: Pride Team
Gifted singer, Wande Coal whose real names are Oluwatobi Wande Ojosipe is staging a comeback to the industry. He is currently working on three new singles set to drop soon. We reliably gathered that the three songs will be ready before the end of this month. After his departure from Mavin crew, he dropped ‘Baby Hello’ and he hit up more waves with a collaboration with flavour, before he went under. The artiste himself confirmed the tale on Wednesday, November 5,2014. Wande Coal was born in Lagos Island Nigeria to Chief Ibukun Olufunto and Mrs Omolara Oluwayemisi Ojosipe. He is…
Pastor Paul Abreffah, Head Pastor of the Church of the Lord, Aladura in Nyinahin, a town in the Ashanti region of Ghana, has been found murdered at his residence in the town by unknown assailants. Said to be involved in a land dispute with the chief of the town, Pastor Abreffah (60) had been stabbed several times in the stomach. Police investigations have so far led to the arrest of three suspects, identified as Bismark Atta Senior, also known as Jordan; his brother, Oheneba Kwaku Duah, and Obiri Yeboah Asante, also known as Kwadwo Ketewa, a carpenter. But the fourth…
Marvin crew is arguably the leading entertainment squad in Nigeria and they proved their mettle recently. Mavin boss, Don Jazzy and Dr Sid thrilled hundreds of guests at the Gulder Ultimate Search Season 11 winner’s party held at the Women Development Centre in Awka, Anambra State on Saturday, November 1, 2014. With the GUS 11 winner, Chinedu Ubachukwu invited on stage, Don Jazzy performed on stage alongside Dr Sid, creating a super duet as they performed a number of hit songs including ‘Surulere’ and ‘Dorobucci’. Don Jazzy and Dr Sid ensured guests had their best moments. Other Gulder Ultimate Search 11 contestants were…
“Nigeria is capable of generating US$3 billion annually from non-oil sources if we set our minds to it”. Minister for the Economy & Minister of Finance, Mrs. Ngozi Okonjo-Iweala, who predicted this at a Public Affairs Forum on Tuesday in Abuja said the need had become inevitable in view of the decline in both the production of and income from oil. Her words, “We are too depending on oil. The price of oil is now coming down. The quantities are also not as large as they used to be. So we have to plan differently. That is why we have…
The KwaZulu-Natal Department of Education has contradicted itself on whether or not it is obeying two laws – the Sex Offenders Act and the Children’s Act – designed to protect school pupils from coming into contact with sex offence convicts at school. The two laws require compulsorily that “anybody who employs anybody in any capacity to work with children has to screen their staff against the register before the appointment or shortly after. While the Head of Department, Nkosinathi Sishi, admits that the department “had not vetted any of its more than 90 000 teachers” against the national sex…
Talk show Queen, Mo Abudu is bereaved as she lost a key personnel in her vibrant enterprise. The Head of Programmes at Ebony Tv, Pamela Ofoegbu, died on Tuesday, November,4,2014. Her death is reportedly cancer-related. The late Pamela had over 10 years experience in the television industry, her professionalism came to bear in the production of several award-winning programmes, that touched all genre. She was at Mnet as Commissioning Editor for Africa, highly creative in her handling of programmes, the late Pamela Ofoegbu was energetic, visionary, dynamic and passionate. Pamela Ofoegbu,a chubby lady, wore a signature blonde low hair cut.…
Contrary to expectations, Prophet T.B. Joshua was conspicuously absent as a witness at the sixth sitting of Coroner’s Inquest into the collapsed building at The Synagogue, Church Of All Nations (SCOAN) in Lagos, Nigeria. After a two hour delay in proceedings, the General Manager and CEO of the Lagos State Emergency Management Agency (LASEMA), Dr. Damilola Oke-Osanyintolu was the first witness to testify at the inquest. Dr Osanyintolu alleged that his team was impeded from the rescue site by overzealous onlookers, adding that some even turned aggressive. However, some of the submissions he made in his written deposition to the…
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