Africa: From 2020 quandary to 2021 anticipation (3)
Olukayode Oyeleye
December 7, 2020
ANXIETIES, FEARS AND uncertainties prevalent at the peak of COVID-19 restrictions all over the world are gradually subsiding as many countries are getting used to the disease, the measures outlined for controlling its spread and as they begin to understand some critical issues about the pandemic. These, however, are not truly indicative of decline of […]
Threats to prosperity creation in Africa
MARTIN Ike-MuonsoDecember 7, 2020
Africa is developing fast, and it is up to anyone to appreciate it. The pace may be slow; much slower than most people would expect. But that is because of the continent’s past. The growth, however, has not obliterated the reality of our underdevelopment. First, government failure is still well pronounced across the continent. Other […]
Claims settlement! A few bad apples
Francis EwheridoNovember 30, 2020
No insurance company (underwriters) has any business being in business if it is not ready to settle claims. Claims settlement is one of the major reasons why insurance companies exist. Non-settlement of claims is also one of the major reasons why a few insurance companies in the Nigerian market are currently distressed. These companies […]
Africa: From 2020 quandary to 2021 anticipation (2)
Olukayode OyeleyeNovember 30, 2020
AS THE WORLD ANXIOUSLY waits to put the COVID-19 experience of 2020 behind, the coming year 2021 may or may not be an extension of the outgoing year, depending on how well the pandemic is tamed. The variation in pandemic prevalence, the associated mortalities and the effectiveness of policy and administrative interventions in containing the […]
Business accreditation for the financing of African businesses
MARTIN Ike-MuonsoNovember 30, 2020
Besides severe infrastructural challenges, access to business finance is another factor that crushes the African entrepreneur. Ease of access to finance lubricates the wheel to entrepreneurial profitability. Its absence clogs the wheels. There are at least four reasons access to finance in Africa is challenging. The first is the high transaction cost environment, which shrinks […]
Africa: From 2020 quandary to 2021 anticipation
Olukayode OyeleyeNovember 23, 2020
THE YEAR 2020 will be remembered as such a remarkable year and will remain so in the history of the world as the year that marked a watershed in many global affairs. Before 2020, never has there been any other year, since the Great Depression, in which the impact of a single event got transmitted globally so […]
Poverty eradication philosophy and Africa’s poverty status
MARTIN Ike-MuonsoNovember 23, 2020
With approximately 70% of its inhabitants living below the poverty line, Africa is incontrovertibly the leader in global poverty. But that is not where the problem lies. Both the World Bank and several other reputable economic and statistical organizations estimate that the continent’s growth rate of poverty has declined impressively in the past decade. Although […]
Insurance policy scope of cover
Francis EwheridoNovember 20, 2020
One of the sections of an insurance policy that the recent burnings and lootings threw up is the scope of cover of an insurance policy. Except for all-risk policies, where there is no scope of cover (the exclusions determine the extent of cover), most of other insurance policy documents have scope of cover. It details […]
Africa and aftershock of US election quake
Olukayode OyeleyeNovember 16, 2020
WITHOUT THE BENEFITS of historical hindsight, younger generation of observers witnessing the controversies trailing the US election held nearly a fortnight ago might be tempted to think this is the first time Americans squabble over election results. For once, many distant observers would see that elections in the US are not 100 per cent error-free, […]
Africa’s leaders walk old path again
Olukayode OyeleyeNovember 9, 2020
THE UNITED STATES’ 2020 ELECTION has just proved chaotic and controversial as incumbent President Trump has disputed the outcomes in some key states considered pivotal to his re-election. Accordingly, the US Supreme Court is expected to intervene and clear the path for the true winner. Notwithstanding this glitch, the country braces for another four years […]