Author: Ifeanyi Ugwuadu
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TNG Deal Breakers: In The Beginning
Whilst we were yet adults, we learnt of the cliché, “let my people go” which when translated infers the minimum position to scale through a requirement. In academics, it is called a pass. It means you may pass to the next level or class on your personal best and not on the competitive best. Pass…
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TNG Deal Breakers: When the world changed… were we alive?
Over the past two decades, there have been several attempts by governments in Nigeria to find alternatives to imported wheat flour used mainly in bread making. Cassava flour was forcefully promoted as a replacement or complete option in the quest for fair comparative advantage to boost local production as well as reduce dependence on imports…
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TNG Deal Breakers: The untapped opportunity of sports insurance in Nigeria
Many will recall the national tragedy several years ago when one of Nigeria’s brilliant midfielders, Sam Okwaraji slumped and died during a live match at the national stadium in Lagos. At the same world cup qualifier, seven fans reportedly choked to death due to overcrowding. Earlier in 1979, 24 fans reportedly died during a stampede…
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TNG Deal Breakers: Now that tenure limits kick in finally at 10, what NEXT
Sometimes exchanging pleasantries could veer off, unintentionally to some serious and sensitive matter that may become unpleasant to one party and a revelation to the other. Such was the case when I met an insurance chief executive at a function.
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TNG Deal Breakers: A symphony of insurance welfare principles and the Balance Sheet
Not many Nigerians are aware that insurance operate a model of business that combines social welfare principles with strict business profit and loss features. Insurance claims may at times be honoured on the basis of emotions and empathy towards the insured who suffered a loss of assets.
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TNG Deal Breakers: The pension-linked mortgage, NH-Fund devoid of insurance
One of the most defining moments in the life of a man is when he moves into his own house, wakes up on his own and proceeds to his daily work from his own house. The feeling is like someone who has accomplished a great milestone, no matter how small the house. And it is…
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TNG Deal Breakers: The Naira woes, retiree death scores, pension benefits, and other stories
The aim of monthly or yearly pension payouts is to mitigate or cushion the likelihood of old age poverty. It is, for this reason, that withdrawal from pension savings after retirement is framed in such a way that the retiree gets so little each time. Whether through an annuity or programmed benefit withdrawal, each piece…
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TNG Deal Breakers: Navigating Inland with Ships of Destiny: The Cabotage Transition
For decades now most Nigerian maritime experts have been worried over the absence or abysmally low capacity of indigenous players in the maritime sector given the fact that more than 80% of Nigeria’s economy is dependent on maritime activities. The crude oil and the import and export trades are sea-bound activities.
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TNG Deal Breakers: NAICOM and merits of regulatory diplomacy
The National Insurance Commission is the federal government’s regulatory agency for Nigeria’s insurance activities. One of its most important functions is to act as an adviser to the government on insurance matters. This function is advisory and persuasive in practice and does not in any way preclude the advised from seeking counsel from other sources.
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TNG Deal Breakers: NHIS to NHIA: Transiting from unknown quantity to yet unknown quantity
On both sides of the city streets stretching in long rows of well-lit structures, on a night drive with my host, were these neon-illumined signs of pharmacies. Pharmacies everywhere! It was the country’s capital city centre and I thought, this could be an indication that people here are always getting ill. Then it dawned on me…