Author Archives: Supernews - Page 551
Reinsurance outlook still negative, as it battles commoditization: S&P
The global reinsurance sectors underwriting results have been repeatedly weak in recent years, and 2021 is shaping up to be below-par as well, S&P explained. This year, continued higher-frequency…
SEC charges stockbrokers on innovative products
The Securities and Exchange Commission (SEC) has urged operators to create innovative financial products that would support businesses, boost market liquidity and enable the market to…
NDIC advocates effective prosecution of cybercrimes
NDIC MD The Nigeria Deposit Insurance Corporation (NDIC) has advocated effective investigation, prosecution and adjudication of cybercrime in the country. According to its Head of Information Technology Department (ITD),…
Global minimum tax proposal may create tax issues for certain insurers: AM Best
By Katie Baker --- A new global minimum tax on certain multinational companies will create the potential for double taxation on insurance companies, according to a new report from…
EFCC quizzes Obi Cubana over money laundering, tax evasion
Obi Cubana Popular socialite and businessman, Obinna Iyiegbu, aka Obi Cubana, was interrogated by officials of the Economic and Financial Crimes Commission over alleged money laundering on Monday. The Anambra-born…
SOLDIERS INVADE ENUGU COMMUNITY, BURN HOUSES, KILL UNDISCLOSED NUMBER OF YOUTHS
Soldiers of the Nigeria Army on Monday invaded Isingwu, a hamlet in Imama Village, Mgbowo in Awgu Local Government Area of Enugu State and burnt houses with an undisclosed…
UK Court, again Batters Maureen Badejo, May Send Her to Prison
Maureen Badejo The Queens Bench Division of UK High Court of Justice, November 1, 2021, alerted a London-based blogger, Maureen Badejo, of imminent jail term if she fails…
Pension Assets Grow By N120bn To Hit N12.9 tri
...RSA Holders Record PenCom logo Pension fund assets under the Contributory Pension Scheme (CPS) rose by N120 billion in August to record trillion data obtained from the National Pension…
Many fear trapped as 21-storey building collapses in Lagos
People are feared to be trapped in the ruins of a 21-storey building that collapsed in Lagos, Nigeria on Monday. The building, located in the city's affluent Ikoyi neighbourhood, is…
Customer Cases: Pioneering 5G for time-critical use cases since 2017
Ericsson has been piloting 5G for time-critical use cases with customers and industry partners such as BT and Hyperbat, Einride and Telia, Boliden, ABB, Audi, Fraunhofer IPT, DT and…
