Long shadows of Europe and Africa’s economic development
Olukayode OyeleyeMay 27, 2019
Efforts to join back together what was put asunder 135 years ago in the widely acclaimed Berlin Conference have recently got a boost. As part of the culmination in attempts at re-integrating a hitherto disintegrated continent, Africa has recorded a landmark. A little more than a year ago, African leaders held an Extraordinary Summit (or, […]
Enajemo-Isire: Round peg in a round hole
Francis EwheridoMay 23, 2019
Last Monday the Minister of Labour and Productivity, Dr. Chris Ngige, inaugurated the Board of Nigeria Social Insurance Trust Fund with Prince Austin Enajemo-Isire, a seasoned chartered accountant, insurance practitioner and banker, as the chairman of the board. In theory NSITF carries enormous responsibilities, but the verdict of the jury out there on the performance […]
Land, food and energy security: What future for Africa? (2)
Olukayode OyeleyeMay 23, 2019
THAT Africa is rich in mineral resources is a settled matter. What is not settled is how the continent can tap into these resources in the future for a robust economic transformation, clean environment and public health. Against the backdrop of the rising population and the need to meet the energy need of the continent, […]
TPFT: The forgotten sibling
Francis EwheridoMay 13, 2019
In theory, there are four types of motor insurances (Acts Only, Motor Third party, Third Party, Fire and Theft and Comprehensive), but in practice, only three are operative. Acts Only has been consigned to the dustbin of history for a long while now. The most common of the three operative motor insurances is Motor (Third […]
Land, food and energy security: What future for Africa?
Olukayode OyeleyeMay 13, 2019
AGLOBAL CONSENSUS about the strategic importance of Africa to the future of the world seems to be crystalising. From “The hopeless continent” in the infamous verdict of The Economist magazine in May 2000, to “Africa Rising,” a landmark narrative championed a decade after by McKinsey, a consulting firm, Africa has seen the bad and the […]
Worrisome echoes from Africa’s Cyclones Idai, Kenneth
Olukayode OyeleyeMay 6, 2019
Within a space of six weeks, two powerful tropical storms have hit the south eastern coast of Africa. The first took days to pummel Mozambique, Malawi and Zimbabwe, with Mozambique bearing the greatest brunt in form of deluge, devastation and deaths. But before the hardest hit Mozambique could pick up its pieces and readjust to […]
Pitfalls Africa must avoid in global trade
Olukayode OyeleyeApril 29, 2019
TRADE HAS BEEN variously described as a tool for economic development. But this does not happen in a vacuum. From the standpoint of international trade, a lot is involved. With international trade come diplomatic, economic and political issues. The embassies of trade-focused countries show their seriousness about trade through their activities, priorities and programmes in […]
Motor claims procedure simplified
Francis EwheridoApril 29, 2019
The traffic in Lagos has been hellish in the last few weeks. We were in the traffic the other day when a driver threatened to disfigure another driver’s face with blows if he hit his vehicle. And then I said to myself, if you disfigure his face, he will get you sued for assault and […]
Insurances for festive seasons
Francis EwheridoApril 22, 2019
Happy Easter to you all; we are in another festive season. Festive seasons in Nigeria lead to a lot of activities. People travel, do lots of cooking and also receive more visitors. These activities carry with them elements of uncertainty. Where uncertainty exists, risks dwell and where there are risks, insurance has been created to […]
Recalibrating Africa’s external trade relations
Olukayode OyeleyeApril 22, 2019
FOR SO LONG, AFRICA has been at a disadvantage, holding the short end of the global trade stick. Trade surpluses have been more in favour of exporters to Africa while the continent struggled to justify its relevance by intensifying its own contribution through the extractive industries aimed mainly at export. The outputs of the extractive […]