All Posts in "Day: June 16, 2022"

Nike Popoola, two other Nigerians, Ghanians, Kenyans Egyptians for Reinsurance Journalism Awards

By Favour Nnabugwu
The Pan-African (Re)Insurance Journalism Awards 2022 organised by Continental Reinsurance Plc have shortlisted close to 20 journalists from 10 African countries for the Awards
Picked from close to 100 submissions from 22 of the continent’s nations in this year’s competition, illustrates how insurance can benefit individuals and societies at large.
Nike Popoola of Punch Newspapers and two other Nigerians for the Awards.The entries to the awards programme, now in its 7th year, were evaluated by a jury of insurance industry leaders and prominent members of Africa’s business media.
“The top entries were very competitive, covering topical issues, and combining the industry’s role in building trust, responding to risks and committing to sustained growth, with compelling human interest angles and strong narratives,” comments broadcaster and Head of the Jury, Michael Wilson.
For the first time, the awards welcomed entries in Arabic, which contributed to a rise in submissions by 37 percent
Winners will be unveiled at the 2022 awards ceremony, will be announced in Lagos, Nigeria, on 29th July 2022.
“Winners will not only walk away with cash prizes and a fully paid trip to the awards ceremony in Lagos, Nigeria but with the added benefit of knowing they are playing a vital part in elevating societies and stimulating progress amongst communities across Africa,” Michael concludes.
Shortlisted entries
Best entry Print category (English)
1)      Tunde Ajaja, Nigeria
2)      David Njagi, Kenya
3)      Nelson Mandela Muhoozi, Uganda
4)      Isaac Khisa, Uganda
5)      Nike Popoola, Nigeria
Best entry Broadcast category (English)
1)      Beldeen Waliaula, Kenya
2)      Mercy Tyra Murengu, Kenya
3)      Benadetta Chiwanda Mia, Malawi
4)      Destiny Abanyem Onyemihia, Nigeria
5)      Carolyne Tomno and Brian Tuva, Kenya
Best entry Online category (English)
1)      Felix Dela Klutse, Ghana
2)      Nike Popoola, Nigeria
3)      Prosper Ndlovu, Zimbabwe
4)      Steve Umidha, Kenya
5)      Odimegwu Onwumere, Nigeria
Best entry Arabic category (print, broadcast or online)
1)      Atif Fahim Mahrous, Egypt
2)      Maher Fadl Hanna, Egypt
3)      Eslam Abdulhameed, Egypt
4)      Chadli Gomma, Egypt
Best entry French category (print, broadcast or online)
1)      El Karmouni Ghassan Waïl, Morocco
2)      Ouedraogo Patinema Oumar, BurkinaFaso
3)      Aurélie M’bida, France
Patoma Admin by — June 16, 2022 in Insurance 0
FG to commence online verification of retirees on June 20

By Favour Nnabugwu

 

 

The National Pension Commission (PenCom) will commence online verification and enrolment exercise for retirees of federal government ministries, departments and agencies (MDAs) on June 20, 2022.

PenCom in a statement said the eligible groups for the exercise are first, employees of Federal Government MDAs scheduled to retire in 2022. Second, employees of Federal Government treasury-funded MDAs who missed the enrolment exercises in previous years.

Prior to enrolment, all retirees/prospective retirees are required to visit their PFAs and undergo the data recapture exercise, which entail providing their personal details including their National Identity Number (NIN). However, those who had undergone the data recapture exercise earlier are not required to repeat it.

The statement explained the enrolment options are self and pension desk officer/PFA assisted. The self-assisted retirees/prospective retirees are required to visit PenCom’s website (www.pencom.com.ng) and upload their employment details as well as scanned copies of required documents before proceeding to their respective PFAs for physical verification and enrolment.

The pension desk officer/PFA-assisted retirees/prospective retirees who are unable to complete the online registration for any reason could approach the pension desk officer of their respective MDAs or visit their PFAs for assistance. PenCom cleared that verification and enrolment by all concerned must be completed on or before 31 August, 2022

Patoma Admin by — June 16, 2022 in Pension 0
ECOWAS extends launch of single currency, ‘ECO’ to 2027

By Favour Nnabugwu
President of the Economic Community of West African States (ECOWAS) Commission, Mr Jean-Claude Brou, has said the community will launch the ECOWAS single currency “ECO” in 2027.
It will be reclled that the Authority of ECOWAS Heads of States and Government in June 2019 resolved to have a single currency and adopted the name “ECO” during its Extraordinary Session in Abuja.
Brou while delivering reports of the ECOWAS Commission before the ECOWAS Parliament during the ongoing 2022 First Ordinary Session of the Parliament in Abuja.
“And so, 2027 we go back to the currency. The process of the performance criteria is always prioritised if we want to be in a very favorable condition to introduce the single currency.
Brou said that the process of launching the single currency was stalled following the outbreak of the COVID-19 Pandemic from 2020, as countries needed to focus on handling the pandemic.
He said that the convergence criteria had to be thorough so that the currency once implemented will serve the citizens effectively.
“We had to suspend that in 2022, 2021. We are looking at 2022 to 2026 to be able to create conditions that will enable us to stabilise the economies.
“Because you can introduce the currency but what is required is that it should be of quality.
“In other words, it should serve the needs of the population and also should inspire confidence and trust in in the population.
“So that is the main objective, to ensure that the convergence criteria is been followed,” Brou said.
Member of the ECOWAS Parliament and Nigerian lawmaker representing Andoni-Opobi/Nkoro Federal Constituency of Rivers Awaji Abiante, said that the delay in the launch of the currency is to avoid any form of crisis.
Speaking to journalists on the sideline of the session, Abiante said that the single currency is work in progress and there is hope that sometimes it will work.
“Every good thing comes with its challenges so getting the economies of the 15 member states to agree on that transaction and how it can be moved forward.
“If it is hurried, definitely it could run into crisis so it is good to have every aspect of it discussed, agreement reached, such that it will be implementable,” Abiante said.
On the sustainability and benefits of the currency, Abiante said that until it is implemented, one cannot say how viable it would be.
“Whatever anybody says, it is just going to be mere projections, it is only when it is implemented that you will see the benefits.
“But simply put, it will ease transactions, it will open up the economies, it will make it free for people to engage in both commercial and industrial activities,” he said.
Patoma Admin by — June 16, 2022 in Foreign 0