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SPECIAL INVITATION to Business Journal Public Presentation Tomorrow!

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The Board, Management & Staff of Business Journal (online-magazine-newspaper) have the pleasure to invite decision-makers/regulators in the public sector, professionals in the Organised Private Sector (OPS) across various sectors and the general public to the Public Presentation of Business Journal Newspaper set for tomorrow (Friday, September 16, 2022) at Radisson Hotel (former Protea), 42/44, Isaac John Street, GRA, Ikeja.

The time is 10.00 am prompt!

The event would be Chaired by Mr. O. S. Thomas, the Commissioner for Insurance/CEO, National Insurance Commission (NAICOM) while Professor Umar Danbatta, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC) will deliver the keynote address on: The Media in National Development: A Case Study of the Telecom Revolution in Nigeria.

Mr. Tim Akano, Managing Director/CEO, New Horizons Limited will also deliver a paper on: Digital Challenge: Media in the Age of AI, Cloud and Robotics while renowned economist and financial expert, Dr. Biodun Adedipe will review the preview edition of Business Journal newspaper.

The corporate bodies supporting the event include: The Nigerian Communications Commission (NCC), Central Bank of Nigeria (CBN), National Insurance Commission (NAICOM), NEM Insurance Plc, Polaris Bank Limited, African Alliance Insurance Plc and Guinea Insurance Plc etc.

Commenting on the development, Prince Cookey, Publisher/Editor-in-Chief of Business Journal said:

“We are already in the spirit of the countdown to the public presentation of Business Journal newspaper and we have the honour to invite all stakeholders in the insurance sector and beyond to the event. We are indeed grateful to these organisations for their great support. We look forward to a great event on Friday, September 16, 2022.”

 

 

GOCOP to Host Luncheon with Media Specialists, Advertisers, Others Oct 5

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As a prelude to her annual conference on October 6, 2022, the Guild of Corporate Online Publishers (GOCOP) has concluded plans to host media managers in both private and public sector to a business lunch on Wednesday, October 5 at Sheraton Hotel, Ikeja, Lagos by 12 noon.

A statement issued by Mr. Remmy Nweke, Publicity Secretary of GOCOP, said the luncheon was specifically to provide a relaxed atmosphere for networking and active engagement between members of GOCOP and the media managers of corporate organisations, states and federal government, ministries, departments and agencies.

“All image and perception managers including chief press secretaries, commissioners for information, corporate communications employees of parastatals, ministries, agencies, financial institutions, manufacturing and service sectors; advertising and public relations practitioners are expected at the event.

“The luncheon highlights the seriousness and commitment of GOCOP to partner with major actors in the public and private sectors as well as international agencies,” the statement said.

Already, activities have heightened for a successful hosting of this year’s conference themed “2023 Elections: Managing the Process for Credible Outcome” which will feature prominent stakeholders in the polity, civil society organisations, security, judiciary, media, among others.

This year’s conference which will be holding barely five months to the 2023 general elections and one week into the official commencement of campaigns by political parties will provide a roadmap for political actors and the various publics on the need to play by the rules and conform to acceptable electoral behaviour, GOCOP said.

This year’s conference is the 6th in the series.

Speakers at previous conferences include: Rev. Matthew Hassan Kukah, the Bishop of the Catholic Diocese of Sokoto who delivered the 2019 lecture on “Economy, Security and National Development: The Way Forward”. In 2021, Mr. Boss Mustapha, Secretary to the Government of the Federation keynoted the Conference in his capacity as Chairman of the Presidential Task Force on Covid-19. He spoke on: “Post Covid-19 Pandemic: Recovery and Reconstruction in Nigeria.”

“The choice of this year’s theme was informed by contemporary political, economic, security and socio-cultural challenges facing Nigeria ahead of a very critical general election.

“The conference will bring together many policy and decision makers from the private and public sectors as well as scholars, non-governmental organizations and the media”, the statement said.

The statement said the Guild was mindful of the current state of the nation, especially in an election year, hence it chose to focus on the forthcoming elections.

 

NAICOM, PenCom, NIA, LCCI Leaders for 2022 NAIPCO Conference 

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The 2022 edition of the annual National Conference of the National Association of Insurance and Pension Correspondents (NAIPCO), is now set to hold on Thursday, November 3, 2022 at Oriental Hotel, Lekki, Victoria Island, Lagos.

Accordingly, experts as well as stakeholders in the financial services sector will converge to deliberate on how insurance and pension fund operators can bring the Small and Medium Scale operators into micro insurance and pension businesses.

The Conference which is the seventh edition in the series has the theme: “On-boarding Small and Medium Scale Enterprises into Micro Insurance and Pension Space in Nigeria.”

The Chairman of the occasion is Eng. Cyril Ajagu, a major investor in the financial services industry as well as oil and gas sector while the Director General, Lagos Chamber of Commerce and Industry (LCCI), Dr. Mrs. Chinyere Almona, will be the keynote speaker even as the Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Mr. Sunday Thomas, and Director General, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, will be Special Guests.

The Chairman, Nigerian Insurers Association (NIA), Mr. Segun Omosehin; Chairman, Pension Fund Operators Association of Nigeria (PenOp), Olumide Oyetan; among others; have confirmed their presence at the event.

The event will also be graced by experts and stakeholders from the insurance and pension sectors as well as the financial services sector such as Lagos State Pension Commission (LASPEC); Chartered Insurance Institute of Nigeria (CIIN); Nigerian Insurers Association (NIA); Nigerian Council for Registered Insurance Brokes (NCRIB); Professional Insurance Ladies Association  (PILA); Institute of Loss Adjusters of Nigeria (ILAN); Pension Funds Operators Association of Nigeria (PenOp); Association for Registered Insurance Agents of Nigeria (ARIAN); College of Insurance and Financial Management (CIFM) and Small and Medium Enterprise Development Association of Nigeria (SMEDAN) etc are also expected at the event.

Others expected are: Nigeria Union of Pensioners; Trade Union Congress; People Living with Disabilities; Barbers, Hairdressers, Market Men and Women, Vulcanizers, etc.

The event will also feature the unveiling of NAIPCO New Name and Logo to stakeholders in both sectors of the economy.

Speaking on the conference, Chairperson of NAIPCO, Mrs Nkechi Naeche-Esezobor, noted that the theme of the conference is apt as the SMEs sector has been the main driver and engine of growth of the Nigerian economy, and being the sector with the highest employers of labour, needs all the support to enable it continue to contribute significantly to the economy.

“Incidentally, the larger population of operators and employees in this space are left unattended to, with a lot of them not benefiting at all from the nation’s financial inclusion project, and this therefore underscores why the microinsurance and micropensions players should see this group as a growth asset,” Nkechi added.

According to her, experts, stakeholders and the general public will converge on the conference to proffer solutions on the way forward.

Also speaking, Chairperson, 2022 NAIPCO Conference Planning Committee, Mrs. Iyabo Ogunjuyigbe disclosed that the conference promises to meet and surpass expectations as consumer groups will also be present to voice their concerns about insurance and pension services.

She noted that the conference would be a convergence point for insurance and pension operators and the public that needs information on how the two concepts can better their lives and enhance financial inclusion.

 

 

First Bank, AIICO CEOs Lead Media Performance Audit in Aug

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An independent analysis of the media performance and prominence of the CEOs of Nigerian Commercial Banks and Insurance Companies for the month of August 2022 was conducted by the leading Media Intelligence and Public relations audit agency, P+ Measurement Services.

Through detailed media data gathering, analysis, and audit of salient valid PR metrics of 27 Commercial Banks and top 10 leading Insurance companies. The reports ranked the top CEOs (Commercial Banks and Insurance) prominent in the Online and Print media.

According to the analysis, the MD of First Bank of Nigeria, Adesola Adeduntan sits at the top of the leaderboard with a 44% media share. Following closely is Yemisi Edun of First City Monument Bank (FCMB) with 23%, while Ademola Adebise of Wema Bank and Abubakar Suleiman of Sterling Bank completed the chart with19% and 14% respectively.

In the insurance sector, the media performance audit report revealed, that the MD of AIICO Insurance, Babatunde Fajemirokun had the most media exposure with 45% followed by Eddie Efekoha of Consolidated Hallmark Insurance with 17%, Kunle Ahmed of AXA Mansard with 14% and Tunde Hassan- Odukale of Leadway Assurance 11% media exposure.

NCC, CBN, Polaris Bank, NAICOM, NEM for Business Journal Presentation Sept 16

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The Nigerian Communications Commission (NCC), Central Bank of Nigeria (CBN), National Insurance Commission (NAICOM), NEM Insurance Plc, Polaris Bank Limited, African Alliance Insurance Plc and Guinea Insurance Plc are amongst the blue-chip organisations supporting the public presentation of Business Journal Newspaper set for Friday, September 16, 2022 at Radisson Hotel (former Protea), 42/44, Isaac John Street, GRA, Ikeja.

The event would be Chaired by Mr. O. S. Thomas, the Commissioner for Insurance/CEO, National Insurance Commission (NAICOM) while Professor Umar Danbatta, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC) will deliver the keynote address on: The Media in National Development: A Case Study of the Telecom Revolution in Nigeria.

Mr. Tim Akano, Managing Director/CEO, New Horizons Limited will also deliver a paper on: Digital Challenge: Media in the Age of AI, Cloud and Robotics while renowned economist and financial expert, Dr. Biodun Adedipe will review the preview edition of Business Journal newspaper.

Commenting on the development, Prince Cookey, Publisher/Editor-in-Chief of Business Journal said:

“We are already in the spirit of the countdown to the public presentation of Business Journal newspaper and we have the honour to invite all stakeholders in the ICT, media, banking, insurance sectors and beyond to the event. We are indeed grateful to these organisations for their great support. We look forward to a great event on Friday, September 16, 2022.”

NAICOM, NEM, African Alliance, Guinea for Business Journal Presentation Sept 16

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The National Insurance Commission (NAICOM), NEM Insurance Plc, African Alliance Insurance Plc and Guinea Insurance Plc are amongst the blue-chip organisations supporting the public presentation of Business Journal Newspaper set for Friday, September 16, 2022 at Radisson Hotel (former Protea), 42/44, Isaac John Street, GRA, Ikeja.

Others include the Nigerian Communications Commission (NCC), Central Bank of Nigeria (CBN) and Polaris Bank Limited.

The event would be Chaired by Mr. O. S. Thomas, the Commissioner for Insurance/CEO, National Insurance Commission (NAICOM) while Professor Umar Danbatta, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC) will deliver the keynote address on: The Media in National Development: A Case Study of the Telecom Revolution in Nigeria.

Mr. Tim Akano, Managing Director/CEO, New Horizons Limited will also deliver a paper on: Digital Challenge: Media in the Age of AI, Cloud and Robotics while renowned economist and financial expert, Dr. Biodun Adedipe will review the preview edition of Business Journal newspaper.

Commenting on the development, Prince Cookey, Publisher/Editor-in-Chief of Business Journal said:

“We are already in the spirit of the countdown to the public presentation of Business Journal newspaper and we have the honour to invite all stakeholders in the insurance sector and beyond to the event. We are indeed grateful to these organisations for their great support. We look forward to a great event on Friday, September 16, 2022.”

PenCom: First Pension Custodian Acquires Access PFC

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The National Pension Commission (PenCom) wishes to inform the general public and relevant Stakeholders that PenCom has approved the acquisition of Access Pension Custodian Limited by First Pension Custodian Limited.

The acquisition is the culmination of the divestment process by Access Pension Custodian Limited from the pension custody business, transfer of all assets under its custody to First Pension Custodian Limited and the return of its operating license to PenCom.

The Commission assures Stakeholders and the general public of its continued commitment to the effective regulation and supervision of the pension industry.

Brokers Seek Synergy with Lagos State on Insurance Education

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L-R: Deputy President of The Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Babatunde Oguntade presenting the 60th Anniversary Mascot to Commissioner for Education, Lagos State, Mrs. Folashade Olufisayo, during the visit of NCRIB Research and Development Committee to the Commissioner in Lagos. With them is the Executive Secretary/CEO of the NCRIB, Mr Tope Adaramola.

The Nigerian Council of Registered Insurance Brokers (NCRIB) has advanced plans for sustainable engagement with the Lagos State Government for the promotion of insurance by secondary school students in the State.

The Council took this step when its delegation visited the Lagos State Commissioner for Education, Mrs. Folashade Adefisayo in Alausa, Ikeja, Lagos.

Speaking, the Deputy President of the Council, Mr. Babatunde Oguntade regretted the slow acceptance of insurance as a subject in the curriculum of secondary school and noted that the Brokers body craved the support of the State Ministry of Education to change the narrative positively

Oguntade who is also the Chairman of the Research and Development Committee of the Council opined that against noxious beliefs about insurance, the profession was one that accommodated diverse people from varied educational backgrounds which ultimately provides basis for the richness of the profession

He applauded the Lagos State Government for its undying enthusiasm to support the move by the Council to synergise efforts with the state government in fashioning a robust curriculum for insurance education that would stimulate the interest of secondary school students

The Lagos State Commissioner for Education, Mrs. Folashade Adefisayo rued the poor acceptance of insurance generally in the society despite the huge potentials of the profession

She added that providers of insurance needed to be more proactive in stimulating the interest of the youth in insurance subject

Adefisayo disclosed that the comprehensive school project of the Lagos State Government should be utilised by the Council and the insurance industry generally to provide hands-on training for students of the peculiar schools towards making them self-reliant as against obsession for certificate.

She advised the industry on the need to rethink and re-engineer as a way of making insurance a favourable option for the youth.

Nova Merchant Bank ED, Funke Okoya, Named Chairperson, Women’s Empowerment Commission

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Mrs. Funke Okoya, an Executive Director, NOVA Merchant Bank has been appointed Chairperson, Women’s Empowerment Commission of the Women in Finance Nigeria.

Okoya’s appointment was announced along with four other new executives at a recent signing of the International Partnership/Affiliation with the Women Working for Change.

The Women Working for Change is an organ of the African CEO Forum, the largest international forum of the African private sector.

The newly appointed Exco Members were selected from committed Senior Executive members of the organisation and have been charged with the specific duty of chairing the Association’s five new Commission.

Okoya’s appointment as Chairperson is a major push for the capacity development of women in Nigeria and it is expected to drive initiatives that advance women’s cause, pursuit of financial literacy and inclusion for women while promoting gender parity.

Speaking at the event, the Chairperson, Women in Finance Nigeria, Mrs. Toyin Sanni, said, “We are very excited about the launch of these important commissions under the leadership of these dynamic senior executives as well as the election of our new national secretary all of whom served creditably, over time at WIFNG.”

Funke Okoya who expressed excitement at the appointment said, “This appointment is designed to speak to the yearnings of women in Nigeria and further enrich the conversation around capacity building, provide access to finance, broaden value realization, add relevance, recognition and network for women.”

She added that the expanded executive committee demonstrates the association’s commitment to supporting women across the country by providing leadership and sustainable professional development for women, through creative coalition and partnerships with international women organizations like Women Working for Change.

Funke is an Executive Director, Investment Banking and Subsidiaries at NOVA Merchant Bank, and has been driving key initiatives that are transforming the Bank into leadership position.

While congratulating Mrs. Okoya on her appointment, the Chairman of NOVA Merchant Bank, Mr Phillips Oduoza, said Funke has been at the forefront of gender diversity, sustainability and female inclusion, adding, “As a board, we are glad for the recognition which will elevate the commission to the next level under her chairmanship.”

NOVA Merchant Bank is a leading merchant bank in Nigeria that offers an integrated suite of financial solutions covering Financial Intermediation, Wholesale and Investment Banking, Asset and Wealth Management, Trade Services, Transaction Banking, Cash Management and Digital Banking.

Women in Finance Nigeria (WIFNG) is a non-profit organization registered in 2016 to provide policy advocacy for greater representation of women in the financial sector and in financial roles in Public and Private Sector Organisations.

WIFNG advocates for positive economic policies and is a platform for women in financial roles to collectively tackle workplace and societal challenges affecting women. WIFNG also provides Capacity Building, Networking and Economic Empowerment opportunities.

In 2019, it established and registered its UK Chapter, WIFNG UK, a vibrant body for African women working in the United Kingdom Financial Services Sector.

Business Journal Newspaper Public Presentation Set for Sept 16

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The public presentation of Business Journal Newspaper will on Friday, September 16, 2022 at Radisson Hotel (former Protea), 42/44, Isaac John Street, GRA, Ikeja.

The event would be Chaired by Mr. O. S. Thomas, the Commissioner for Insurance/CEO, National Insurance Commission (NAICOM) while Professor Umar Danbatta, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC) will deliver the keynote address on: The Media in National Development: A Case Study of the Telecom Revolution in Nigeria.

Mr. Tim Akano, Managing Director/CEO, New Horizons Limited will also deliver a paper on: Digital Challenge: Media in the Age of AI, Cloud and Robotics while renowned economist and financial expert, Dr. Biodun Adedipe will review the preview edition of Business Journal newspaper.

Commenting on the development, Prince Cookey, Publisher/Editor-in-Chief of Business Journal said:

“We are already in the spirit of the countdown to the public presentation of Business Journal newspaper and the invite is a worthy testimony to that. We look forward to a great event on Friday, September 16, 2022.”

Rosatom Hosts 2nd International Fishing Tournament near Russia’s Largest Nuclear Plant

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The 2nd International Fishing tournament was concluded on September 7-8 in the PRO ANGLERS LEAGUE format, and brought together athletes from 10 countries (including Russia) at the Gulf of Finland.

The European tournament for spinning for fish from boats, was held close to the Leningrad NPP, Russia’s largest operating nuclear power plant in terms of installed capacity and one of the first in the world to receive cutting-edge Generation III+ VVER-1200 reactors offered by Rosatom globally.

The geography of the tournament has expanded greatly. In total, 26 amateur athletes took part in the competition. They are representatives of Russia and countries where Rosatom implements or plans to implement nuclear power plant construction projects: Armenia, Hungary, Egypt, India, Bangladesh, Kazakhstan, Uzbekistan, South Africa and Turkey.

This year, fishermen from India Arunabha Sannigrahi and Santosh Jaiswar came first. The representatives of the Fishermen’s Association of India thanked the organisers for the amazing event:

“During these two days, we lived through some incredible experiences, did our favorite thing – fishing, did it not far from a nuclear power plant, visited the station itself, which, of course, amazed us with its size and high technology. We hope that Rosatom will continue to hold such tournaments, and we will be happy to take part in them.”

At the end of the event, the official awards ceremony took place. Fishermen from Egypt and the combined team of Russia and Egypt scored second and third prizes, respectively. A participant from India was awarded a special prize for the “biggest catch.”

A team from Uzbekistan was awarded a prize in a special nomination “the determination to win.”

Fishing competitions allow, on the one hand, to strengthen the bonds of people’s diplomacy, to demonstrate that the inhabitants of the countries of Rosatom’s business interests belong to the global nuclear community, and, on the other hand, to demonstrate the safety of nuclear power plants for the environment, including the flora and fauna of nearby water bodies.

The participants of the tournament were able to verify not just the richness of the Gulf of Finland with fish, but also its cleanliness thanks to the dosimetric control. After weighing, the fish was released back into the sea.

In total, 203 fish were caught with a total weight of more than 7 kg. Vladimir Inozemtsev, the two-time world champion and seven-time winner of world championships, head coach of the Russian national team, was the chief judge of the competition.

President of the Rusatom International Network Vadim Titov noted: “Although the event is held on such a wide international scale for the second time, Rosatom has been organizing fishing competitions in near-station water bodies for more than 10 years. We attach great importance to such events, because for us it is an opportunity to demonstrate that nuclear energy is a clean source of energy, that nuclear technology and nature complement each other. And we are happy that our guests from nine countries were able to see for themselves that clean fish lives in the immediate vicinity of the nuclear power plant, which has been operating for almost half a century.”

As part of the tournament, the participants visited the Leningrad NPP, located in the town of Sosnovy Bor, and were able to get acquainted with the work of the nuclear power plant. Today, the Leningrad NPP is a unique engineering structure that combines two types of reactors on its site.

The participants also visited the town itself, where industrial nuclear power has been developing for half a century, and new types of reactors are being put into operation. They met with local authorities and got acquainted with the inhabitants of the city.

 

 

Crown Flour Mill’s ‘Seeds for the Future’ Programme Achieves 1st-Year Target

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Crown Flour Mill (CFM) Limited, the wheat milling subsidiary of Olam Agri, a global agribusiness in food, feed, fiber, has unveiled an impressive first-year report of its ‘Seeds for the Future’ programme.

The report was unveiled during the third edition of the agribusiness stakeholders’ consultative forum, the Olam Agri Greenland Webinar Series that held virtually on Thursday, September 8, 2022.

The report showed that the initiative achieved its first-year milestone of producing 10Kg of pre-multiplication wheat seed varieties that suit the unique local topography and climate.

Developing and cultivating wheat seed varieties that suit Nigeria’s unique topographic and climatic conditions, in addition to a wider engagement of smallholder farmers and adoption of modern agronomic practices, have been the bane of wheat production self-sufficiency in Nigeria. CFM seeks to address these challenges through the Seeds for the Future initiative, its signature N300 million wheat value chain development project that was launched in 2021.

On the project’s report, Ashish Pande, the Country Head for Olam Agri Nigeria, said, “We have made quite an impressive stride on the Seeds for the Future programme going by the first-year report. It is a journey. We will continue to inject human, financial, and technical resources into the programme to ensure we meet our targets and derive the best results in the years ahead.”

According to Pande, “There are challenges currently in the global food value chain. What this means is that we must look inward to ensure a consistent supply of food to feed our population by channeling investment into agriculture. At CFM and Olam Agri, we are committed to investing at the production level of the wheat value chain, in line with the Federal Government’s food security and agriculture development agenda.”

Unveiling the project report, Filippo Bassi, a professional seed breeder from the International Center for Agricultural Research in the Dry Areas (ICARDA) and consultant on the project, revealed, “The 10 Kg pre-multiplication wheat seed varieties produced so far will be planted next season in 1,000m2 plots at the Azumbu farm research station in Jigawa. However, to ensure larger quantities of seeds as backup, a subset will be planted also during the rainy season in August.”

As well, Dr. Kachalla Kyari Mala, the Principal Research Officer at the Lake Chad Research Institute (LCRI), who is the project lead researcher, said his team conducted a detailed survey into the agronomic practices of local smallholder farmers at the commencement of the project to understand the realities in the wheat value chain. He stated that the approach of combining data from multiple stations across the West African region helped the team identify and resolve bottlenecks in the value chain.

“The outcome of the first-year trial and testing of the seed varieties gives some assurance that the investment of Olam Agri will accelerate seed production while pre-release yields actual improvement in productivity in the country’s wheat farming belt,” Mala said.

Harping on factors necessary for achieving improved local wheat production self-sufficiency, Dr Zakari Turaki, the Director of Agricultural Research at LCRI, a panelist at the forum, mentioned strong partnerships and collaborative efforts between public institutions and private firms as key to raising the current level of the local wheat harvest. He added that the current partnership framework adopted for the execution of the Seeds for the Future programme is the best he has seen so far in the industry.

Another panelist, Alhaji Munir Babba Dan Agundi, the Chairman of the Agricultural Colleges and Institutions Committee of the Federal House of Representatives, called for policy consistency in the industry as well as synergy among critical stakeholders. He said focused legislation to back value chain development policies would ensure changes in government would not affect policies.

Mr. Tiberio Chiari, Former Manager of the Agricultural Value Chains Programme in Oromia, Ethiopia; Dr Yusuf Jubril Rurum, Commissioner for Agriculture, Kano State; Alhaji Salim Muhammed, Chairman, Wheat Farmers Association of Nigeria; and Hafiz Muhammed, Senior Special Adviser to the Kano State Governor on Agriculture, were the other panelists at the forum.

 

NCC-CSIRT Alerts on Google Chrome Extensions Malware

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The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has identified five malicious Google Chrome Extensions that surreptitiously track online browser’s activities and steal their data.

According to NCC-CSIRT, the five malicious extensions which the McAfee Mobile Research Team earlier discovered are Netflix Party with 800,000 downloads, Netflix Party 2 with 300,000 downloads, Full Page Screenshot Capture Screenshotting with 200,000 downloads, FlipShope Price Tracker Extension with 80,000 downloads, and AutoBuy Flash Sales with 20,000 downloads.

The NCC-CSIRT said the five google chrome extensions identified have a high probability and damage potential and have been downloaded more than 1.4 million times and serve as access to steal users’ data. The telecom sector-focused cybersecurity protection team alerted telecom consumers to be cautious when installing any browser extension.

“The users of these chrome extensions are unaware of their invasive functionality and privacy risk. Malicious extensions monitor victims’ visits to e-commerce websites and modify the visitor’s cookie to appear as if they came through a referrer link. Consequently, the extensions’ developers get an affiliate fee for any purchases at electronic shops,” the advisory said.

In addition, the advisory stated that, although the google team removed several browser extensions from its Chrome Web Store, keeping malicious extensions out may be difficult. The NCC-CSIRT, thus, recommended that telecom consumers observe caution when installing any browser extension.

“These include removing all listed extensions from their chrome browser manually. Internet users are to pay close attention to the promptings from their browser extensions, such as the permission to run on any website visited and the data requested before installing it. Although, some extensions are seemingly legit, due to the high number of user downloads, these hazardous add-ons make it imperative for users to ascertain the authenticity of extensions they access.” the advisory stated.

Google Chrome extensions are software programmes that can be installed into Chrome in order to change the browser’s functionality. This includes adding new features to Chrome or modifying the existing behavior of the program itself to make it more convenient for the user. They serve purposes such as block ads, integration with password managers and sourcing coupons as items sent to a shopping cart.

The Computer Security Incident Response Team (CSIRT) is the telecom sector’s cyber security incidence centre set up by the NCC to focus on incidents in the telecom sector and as they may affect telecom consumers and citizens at large.

CIIN Empowers Over 50 Young Insurance Professionals at Boot Camp 3.0

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L-R: Guest Speakers; Mr. Boniface Amadi, Head, Business Systems Automation, Continental Reinsurance Plc, Mr. Bola Oniyide, Head, Treaty, Continental Reinsurance Plc, Mrs. Adetutu Arusiuka, Council Member, Mr. Edwin Igbiti, President/Chairman of Council, CIIN, Mrs. Funmi Omo, Managing Director, Enterprise Life Nigeria, Mr. Segun Omosehin, Chairman, Education Committee, CIIN, Mrs. Abimbola Tiamiyu, Director-General, Guest Speaker, Dr. Adeoye Oyewole, CEO, Lifecare Consult and Mr. Nurudeen Jamiu, CIIN Ambassador.

The Chartered Insurance Institute of Nigeria (CIIN), in line with its mandate of training insurance professionals has empowered over 50 young insurance professionals at the third edition of its youth mentorship programme tagged ‘Boot Camp 3.0’.

The CIIN youth mentorship programme is a two-days annual event organised for the young insurance practitioners to learn from mentors, industry giants, network and have fun.

Delivering his welcome address at the Programme on Friday, September 9, the President/Chairman of Council, CIIN, Mr. Edwin Igbiti, said that the mentorship programme was established by the Education Committee of the Institute with the aim to; develop/train young professionals in the industry to become leaders, equip them with managerial and leadership skills for career advancement and include them in the activities of the Institute and Industry in order to encourage active participation.

According to Mr. Igbiti, digitalization has become a force that is driving massive changes in the insurance sector and grooming young insurers who are technologically savvy will aid the fast transitioning of the insurance industry in this digital economy.

“Hence, this year’s Boot Camp with the theme ‘The Millennial Insurance Leader in a Digital Economy’ sought to train young insurance professionals with the aim to generate enthusiasm in them as technology natives, key into CIIN strategic long-term goals of breeding and retaining empowered professionals, create social bonding through lifestyle conversations, team bonding activities to generate renewed vigour; in the end that young professionals will continue to pursue insurance as a career and a platform to create ideas and suggestions that would be pillars for the furtherance of new generation of insurance professionals in the industry.

On his part, the Chairman, Education Committee, CIIN, Mr. Segun Omosehin, said the mentorship programme which birthed the boot camp was out of the desire to encourage young professionals to bring in fresh ideas, innovations and be actively engaged in the affairs of the industry so as to increase the insurance awareness and penetration the sector desires.

“The essence of this boot camp is to bring young insurance professionals into an environment where they can interact, x-ray the issues affecting the industry with a prospect to providing solutions that are transformative and ingenious because these young ones are more energetic so, we must get them encouraged and interested in the industry affairs.

“Many of us in the industry will soon be exiting so, we need to mentor the young ones, give them opportunities for them to take over leadership. The beauty of a leader is the ability to find successors who will take over the mantle of leadership; and this is our goal for the industry with this boot camp”, he stated.

The programme which attracted participants from insurance companies had many interactive sessions and presentations from top insurance leaders and other sector’s thought leaders.

The highlight of the programme was the Group Seminar where participants who were grouped into teams battled for a prize on selected topics which can positively disrupt the operations of the industry.

Emirates’ Exclusive Agreement with Dom Pérignon Champagne

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As the only airline with an exclusive agreement to offer luxury champagne brand Dom Pérignon on-board, Emirates is currently presenting First Class passengers with the unique opportunity to enjoy a very special vintage -Dom Pérignon Plénitude 2, on board select routes until the end of October.

The exceptionally rare 2003 vintage in its second plénitude is a limited release, forming part of Emirates’ award-winning portfolio of exclusive wines, champagne, and spirits.

Dom Pérignon is one of the most respected, luxurious champagnes in the world and Emirates is the only airline with an exclusive agreement to serve it on board. In the 17th century, a Benedictine monk named Dom Pierre Pérignon, nurtured an ambition to create ‘the best wine in the world’.

Three centuries later, Dom Pérignon vintages are still produced using the best grapes on the estate. Each vintage has its own style and identity- a uniqueness that lies in the way it evolves, through successive windows of expression.

Cellar master Vincent Chaperon refers to these points in time as ‘plénitudes,’ with Plénitude 2 representing the secondary phase of aromatics developed through evolution. After close to 15 years of slow maturation in the cellars, Dom Pérignon describes Plénitude 2 as ‘wider, deeper, longer, more intense – and gifted further with an extended longevity’.

Rich and multi-layered, Plénitude 2 provides a complex spiral of aromas that reveal over time in the glass. First the softness of lime tree, then a toasty minerality followed by dried apricots and apples, along with candied raspberry and fig. Lemon verbena, rosemary and white pepper appear for an instant, followed by dark spices and liquorice root.

These develop in the glass into a profound and mineral-toned harmonious bouquet. Its vibrant yet generous palate, powerful and precise with great energy, leads to a persistent, spicy, and saline finish.

First Class passengers can discover if Plénitude 2 will be served on their flight, by checking the ‘What’s on your flight’ option on www.emirates.com or on the Emirates app.

For the last 16 years, Emirates has invested more than $1 billion into its wine program, buying exceptional wines at the earliest opportunity to let them mature, allowing them to express their full potential before serving them on board.

The Emirates Wine Cellar is in France, and currently houses 6.5 million bottles of fine wines, some of which will not be ready for tasting until 2035. Emirates currently offers 37 different varieties of French wines and champagnes on board its aircraft. Business Class Bordeaux red wines remain in Emirates’ cellar for an average of 8-10 years, while those reserved for First Class are only served an average of 12-15 years after purchase.

Emirates also has a vintage collection which includes Château Margaux 2004, Château Cos d’Estournel 2005 and Château Montrose 2005.

To complement the wine and champagne collection, Emirates also offers an enticing Spirits menu on board, which includes a mix of niche, hand-crafted brands, as well as popular and well-loved spirits such as Hennessy cognacs, served in all classes.