Woman, daughter, househelp died in Kubwa

By Favour Nnabugwu

Mrs. Dorothy Igwe

Her shop, Ellegant Dora opening for 10th October

A woman by name, Mrs Dorothy Igwe, a staff of the National Identity Management Commission, was found dear in her shop, Ellegant Dora with her 10 year-old daughter and her househelp yesterday morning.
Dorothy Igwe who is also a caterer was found dead alongside her 10 year old daughter and maid inside her shop on Friday morning near Golden Good Shepherd School in Kubwa, Abuja hours to the grand opening of her pastty shop.
PatomaBusinessOnline.com findings from neighbours said she newly rented the shop and was putting finishing touchy to the shop for the opening slated for Saturday, October 10, 2020 but they said the on Thursday night they held the sound of her Generator on which meant people were inside the shop thatThursday night.
The neighbour who preferred anonymity said surprisingly, when they were going to work on Friday morning her car was still parked where she left it the night before.
Continuing, they said when they saw the car still parked on Friday morning they were wondering what was going on because they had not known her personally because she was new.
Another man said she just marked her daughter 10th birthday and she is supposed to open her store today but sadly she was found dead with her daughter and maid in her shop yesterday.
Police, according to PatomaBusinessOnline.com, is still investigating the cause of their death as at press time
Insurance, pension, other financial operators for NAIPCO confab on Nov 4

By Favour Nnabugwu

Insurance, pension and other financial experts are set to build their investment portfolios to maximise profit.
The operators are going to the deliberate the 2020 annual Conference of the National Association of Insurance and Pension Correspondents (NAIPCO), is billed for November 4, 2020 in Lagos

While the theme for the conference is: “Promoting Bankable Investments Portfolio for Insurance and Pension Sectors,”  the Chairman of the occasion is the Chairman, Nigeria Social Insurance Trust Fund (NSITF), Mr. Austin Enajemo-Isire while the Director General, Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf, is the Keynote Speaker, even as the Chairman, Mutual Benefits Assurance Plc, Dr. Akin Ogunbiyi will be the Special Guest of Honour and Chief Launcher of the new NAIPCO website.

The Commissioner for Insurance/CEO, the National Insurance Commission (NAICOM), Mr. Sunday Thomas and the Acting Director General, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, have confirmed their attendance for the conference.

Similarly, the Chairman, Nigerian Insurers Association (NIA), Mr Ganiyu Musa; the CEO, Pension Fund Operators Association of Nigeria (PenOp), Mr. Agudah Oguche, among others, will also be present at the occasion to deliberate on ways  operators can invest in the businesses of the Organised Private Sector of Nigeria(OPSN) and still maximise profit.

Speaking on the preparation for the event, the President, NAIPCO, Mr. Chuks Udo Okonta, said, as a critical stakeholder, it is the desire of NAIPCO that companies in both the insurance and pension sectors build up investment portfolios that will translate to huge returns on investments for shareholders and contributors of the contributory pension scheme.

He said the organised private sector has consistently lamented of low funding for manufacturers as the investment community have accused OPSN of lack of bankable investment projects in which pension and insurance companies can invest in, despite the two sectors having in excess of N11 trillion funds that could be invested in the economy.

For the insurance sector, he stressed that the theme of the conference is apt based on the argument that the sector is destroying value due to the consistent low returns on investment to shareholders.

For the pension sector, he stated that, the theme is also apt as PFAs have limited investment outlets with the ban on investment in treasury bills by the Central Bank of Nigeria(CBN) as well as, the current low yield on bonds, the mainstay investment instrument of the pension industry

Accordingly, he pointed out that the experts will lay bare all available bankable investment outlets for the operators to reap maximum benefits for their shareholders and customers’ benefits.

Moreover, he said, a new NAIPCO website will be unveiled at the conference, while there will be awards for individuals or organisations that have contributed immensely to the growth and development of either the insurance or pension sectors.