Business

NIGERIA: Stakeholders Want Insurers to Complement FG on SMEs Devt

Stakeholders in the insurance industry have charged the country’s operators to complement federal government’s efforts towards promoting Small and Medium Scale Enterprises (SMEs). They also called on the umbrella body for insurance professionals in the country, Chartered Insurance Institute of Nigerian (CIIN), to examine the activities of its members, and to sanction those found guilty […]

Business

NIGERIA: Awareness Problem Causes Huge Insurance Gap – Daniel

The Commissioner for Insurance, Mr. Fola Daniel, has expressed dissatisfaction with the level of insurance penetration across the African continent, saying huge insurance gaps have persisted because most Africans do not know the benefits of insurance. He stated this in spite of the enormous growth opportunities across the continent that were recently identified by AM […]

Health

Antidepressants ‘Risk to Babies’

The risk posed by some popular antidepressants in early pregnancy is not worth taking for women with mild to moderate depression, an expert has warned. Professor Stephen Pilling says evidence suggests SSRIs can double the risk of a child being born with a heart defect. The drugs have been used by up to one in […]

Health

UK: Viagra ‘Price Drop’ As Drug Patent Expires

 The cost of Viagra could drop dramatically from Saturday as the UK patent for the drug expires. The male erectile dysfunction drug, manufactured by American firm Pfizer in Ireland, must now compete against dozens of generic competitors. There are some 120 alternative versions made worldwide, with some costing as little as 85p per pill. Sky […]

Africa

Continental-Re Partners Swiss-Re to Develop Life Assurance in Africa

Continental Reinsurance Plc (Continental-Re), one of the two reinsurance companies licensed by the National Insurance Commission (NAICOM), has taken a bold step towards developing life assurance business across the continent. To actualise this dream, the company has entered into partnership with one of the leading reinsurance companies in the world, Swiss Reinsurance Company (Swiss-Re). The […]