Zenith General Insurance’s Profit Before Tax Rises By 16% TO N3.67bn

Zenith General Insurance

Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review of the results showed positive improvements on a year-on-year basis with profit before tax rising by 16% from N3.16bn to N3.67bn while profit after tax rose by 10% up from N2.79bn to N3.06bn. The company also maintained a robust balance sheet closing the year with total assets of N40.1bn and a shareholders’ fund of N25.9bn. Gross premium grew by 17% year-on-year from N13.7bn to N16.1bn, while there was a 46% growth…

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God Has Responded To Our Prayers On COVID-19 – President Magufuli

Prayers

God Has Responded To Our Prayers On COVID-19 – President Magufuli     Tanzania President, John Magufuli, said Sunday that the number of coronavirus cases in the country had dropped drastically thanks to the populations’ prayers. On Sunday, the president proclaimed: “We started with God and we will finish with God. Looking at what is going on in our hospitals, it’s obvious that God has responded to our prayers.” National television broadcast his comments from a church in his northwestern hometown of Chato, on Lake Victoria where he has been since…

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Breaking: Nigeria Records 338 New COVID-19 Case

338 New COVID-19 Case

Breaking: Nigeria Records 338 New COVID-19 Case     Nigeria has recorded 338 new cases of the novel coronavirus (COVID-19) on Sunda bringing the total number of COVID-19 patients in the country to 5959. National Center for Disease Control (NCDC) announced the number of new cases via its official Twitter handle. According to the NCDC, 177 of the new cases were in Lagos, 64 were recorded in Kano, 21 in FCT, and 16 in Rivers state. 14 cases were recorded in Plateau while 11 others were recorded in Oyo. The total…

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Heritage Bank To Disburse CBN’s N100bn Loan To Health, Sells FX To SMEs, Education Sectors

Heritage Bank

Heritage Bank To Disburse CBN’s N100bn Loan To Health, Sells FX To SMEs, Education Sectors     As part of proactive measures to cushion the effect of the COVID-19 and revamp the nation’s dwindling economy, Heritage Bank is set to disburse the N100billion set aside by the Central Bank of Nigeria (CBN). This is in line with the apex bank’s policy to introduce another intervention scheme directed to the health sector, which is known as the NGN100 Billion Credit Support for the Healthcare sector (the Scheme). Specifically, the scheme is…

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Sanwo-Olu Gives New Guidelines As Lagos Enters Next Phase Of Lockdown Ease

New Guidelines

Sanwo-Olu Gives New Guidelines As Lagos Enters Next Phase Of Lockdown Ease     As Lagos state begins the second phase of the gradual easing of the lockdown, governor Babajide Sanwo-Olu has given new guidelines that would hasten and guarantee the safety of residents and contain the spread of the coronavirus. Governor Sanwo-Olu says a register will be opened to ensure inspection of businesses and compliance with physical distancing rules before the lockdown can be lifted totally. He also called for special considerations for the elderly while he explained that he’s…

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See What Prophet TB Joshua Said ABout The Aviation Industry In 2013

Aviation

See What Prophet TB Joshua Said ABout The Aviation Industry In 2013     On December 29, 2013, over six years before the arrival of COVID-19 and its attendant implications on global travel, Nigerian Prophet TB Joshua revealed an impending challenge in the aviation industry that would affect both passengers and airlines. In a video released to Emmanuel TV’s YouTube channel, the cleric can be heard telling congregants of a time coming when it would not be “business as usual” in the aviation industry. “There will be a shortage of airlines, airplane…

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UBA Upgrades Mobile App, Introduces Exciting New Features For Customers

Mobile App

UBA Upgrades Mobile App, Introduces Exciting New Features For Customers   Pan African financial institution, United Bank for Africa (UBA) Plc, has upgraded its mobile banking application, introducing lots of exciting and interactive features to aid banking, whilst allowing customers to perform unlimited transactions with simple taps on their mobile phones. The award-winning innovative bank which was the first to launch its chatbot, Leo, on the continent is committed to delivering superior and innovative banking solutions to its customers. Group Head, Digital Banking, Sampson Aneke, who spoke about the new…

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See Endearing Pregnancy Photos Of ‘Twist Of Fate’ Actress, ‘Aliya’ Shikha Singh Shah

See Endearing Pregnancy Photos Of ‘Twist Of Fate’ Actress, ‘Aliya’ Shikha Singh Shah     Beautiful Indian television actress, Shikha Singh Shah, who is famous for her antagonist character as Aliya Mehra, in the much loved Indian drama television series, ‘Twist of Fate’ (Kumkum Bhagya) is expecting her first child. Shikha Singh and her pilot husband, Karan Shah who are expecting their first child shared the good news on Instagram. Karan shared the news in a funny Instagram post. Sharing two pictures, Karan joked that their dog is not happy about the fact…

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Sad! UK-Based Nigerian Couple Die 10 Days Apart From COVID-19

UK-Based Nigerian Couple

Sad! UK-Based Nigerian Couple Die 10 Days Apart From COVID-19     A Nigerian couple residing in the United Kingdom has died 10 days apart after contracting the deadly novel Coronavirus (COVID-19). Dr. James Oniah, a 79-year-old retired radiologist, died on April 24 after battling with the virus while his wife, 61-year-old Mary, who is a care home director, died on May 4. It is believed that Mrs. Oniah contracted the virus during her job as a Regional Director for a care home provider before her 79-year-old husband was also…

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Man Kills Cousin Over Mango In Abia (Graphic Photos)

Man Kills Cousin

Man Kills Cousin Over Mango In Abia (Graphic Photos)     A man identified as Mr. Chinedu Omeonu has been dragged to the police for killing his cousin, Solomon Orji, at Mgboko Umuoria community in Obingwa council area of Abia State. An eyewitness said that Orji’s son had gone to Omeonu’s residence to pluck some mango fruits, but the latter flogged and assaulted the little boy mercilessly. When the boy’s father was informed about what happened to his son, he went to Omeonu’s residence to inquire about the incident. Omeonu…

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