News
Unitrust Insurance Attributes Success to Strategic Focus on Sustainable Growth
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Unitrust Insurance, has said that the secret of the company’s success has been on its strategic focus on sustainable growth, and consistent improvement on its delivery channels through digital adoption.
The company said emphasis has been on its e-insurance channels which harbor motor; marine and travel insurance.
John ijerheime, the company’s Managing Director, who disclosed this when his company played host to the umbrella body of insurance brokers, the Nigerian Council of Registered Insurance Brokers (NCRIB) in Lagos said learning from the past, the firm has taken deliberate steps to improve risk management framework and corporate governance.
He expressed gratitude to the NCRIB for the opportunity given to the company to host the event, and pledged that Unitrust Insurance would continue to put in its best to ensure it delivers beyond expectations and also ensures a cordial mutual relationship with the brokers.
The company, at the event was endorsed and rated as a progressive underwriter worth doing business with by the NCRIB.
Dr Mrs.Bola Onigbogi, NCRIB President, who led other brokers to endorse the underwriting firm, noted that the company had distinguished itself by being brokers friendly and had over the years surpassed all expectations.
She congratulated the Management team for its success stories so far, while assuring them that the firm’s profile and account would soar after the meeting with brokers.
Mrs. Yetunde Adenuga, the company’s Executive Director, Technical, noted that the firm had over the years maintained a robust relationship with brokers, stressing that the relationship would be sustained to ensure growth of the insurance industry.
She submitted that since 1986 when the company started operations, it has continued to experience a steady growth, adding that the firm’s approved financials for 2021 revealed a total assets of N18.72 billion; shareholders’ fund of N14.31 billion and solvency margin of N8.92 billion.
According to her, the company’s total net claims paid in 2020 was N598.84 million, whilst N934.70 million has been paid from January 2021 till date.
She maintained that following federal government’s directives for recapitalisation of insurance companies in 2019, the firm has put arrangements in place to remain at the forefront.
News
Meta Faces Lawsuit for Alleged Hiring Bias
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A federal judge ruled on Tuesday that Meta Platforms must face a lawsuit alleging that the parent company of Facebook and Instagram prefers hiring foreign workers to pay them less than American workers.
U.S. Magistrate Judge Laurel Beeler in San Francisco stated that three U.S. citizens who accused Meta of refusing to hire them despite their qualifications may proceed with a proposed class action.
The plaintiffs—information technology worker Purushothaman Rajaram and software engineer Ekta Bhatia, both naturalised U.S. citizens, and data scientist Qun Wang—claimed they applied for several Meta jobs between 2020 and 2024 but were rejected due to Meta’s “systematic preference” for visa holders.
Meta, in a statement, called the allegations baseless and vowed to vigorously defend itself.
In seeking dismissal, the Menlo Park, California-based company argued there was no proof of discriminatory intent or that the plaintiffs would have been hired if they were not U.S. citizens.
However, Judge Beeler cited statistics showing that 15% of Meta’s U.S. workforce holds H-1B visas, compared to 0.5% of the overall workforce.
She also referenced Meta’s October 2021 agreement to pay up to $14.25 million, including a civil fine, to settle federal claims that it routinely refused to consider American workers for jobs reserved for temporary visa holders.
“These allegations support the plaintiffs’ overall complaint that they were not hired because Meta favours H-1B visa holders,” Beeler wrote.
The government had sued Meta in December 2020, seven weeks before President Donald Trump ended his first White House term.
Daniel Low, a lawyer for the plaintiffs, expressed hope that the lawsuit would address the favouritism towards visa workers prevalent in the tech industry, stating that fully addressing the issue would require additional enforcement or legislative reform.
Beeler had dismissed an earlier version of the lawsuit, which named only Rajaram as a plaintiff, in November 2022.
A divided federal appeals court revived the case last June, citing a Civil War-era law, Section 1981 of the Civil Rights Act of 1866, which bars discrimination in contracts based on “alienage” and protects U.S. citizens from bias.
Many conservative groups have used this law to challenge workplace diversity initiatives, which Trump also opposes.
The case is Rajaram et al. v. Meta Platforms Inc., U.S. District Court, Northern District of California, No. 22-02920.
News
Mysterious Illness Kills 50 People within Hours of Symptoms, Doctors Raise Alarm
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A mysterious illness killed more than 50 people in the Democratic Republic of Congo (DRC), with most victims dying within 48 hours of showing symptoms, health officials have reported.
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Pic Credit: Daily Sabah
The outbreak, first reported on January 21, has resulted in 419 cases and 53 deaths.
The World Health Organization (WHO) has classified it as a significant public health threat, citing concerns over its rapid progression and fatality rate.
Suspected origin and early cases
Authorities believe the outbreak started in the town of Boloko, where three children reportedly ate a dead bat.
The children developed severe symptoms and died within two days.
Medical experts suspect the illness is a form of hemorrhagic fever, which can cause fever, internal bleeding, headaches, and joint pain.
“That’s what’s really worrying,” said Serge Ngalebato, medical director of Bikoro Hospital in the DRC, referring to the disease’s speed and severity.
Ebola, one of the most well-known hemorrhagic fevers, has not been detected in this outbreak, according to initial testing.
A second wave of cases emerged in the town of Bomate on Feb. 9. Authorities have tested samples from 13 patients, all of which returned negative results for Ebola and Marburg virus.
However, some samples tested positive for malaria.
The WHO reported that the fatality rate of the illness is 12.3%, significantly higher than the early fatality rate of COVID-19.
Experts warn that the outbreak could spread further due to the region’s remote location and fragile healthcare system.
News
NPC Warns Nigerians to Beware of Fake Recruitment Website
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National Population Commission (NPC), has alerted the public to a fraudulent website https://npc-career.allprogram.site/job created by individuals with malicious intent.
Erelu Taibat Yemi Oloruntoba, director, Public Affairs, NPC, said in a statement that the fake site falsely claims to facilitate recruitment for the 2025 Population and Housing Census, aiming to defraud unsuspecting citizens.
“We want to state unequivocally that the Commission is not currently conducting any recruitment for Ad-hoc staff related to the upcoming census. President Bola Ahmed Tinubu, GCFR, has stated that a committee will be established to align the census budget with the government’s present financial situation before issuing a proclamation for the conduct of the upcoming biometric Population and Housing Census,” the statement outlined.
It, therefore, warned Nigerians to be aware that when there is a date for the census and it becomes necessary for the commission to recruit ad hoc staff for the exercise, it will be officially announced through national media outlets, as well as the NPC’s verified social media platforms and website.
It urged the general public to disregard the fake website and its misleading information to avoid falling victim to scams.
The statement avowed that NPC is actively investigating the creators of this fake website, adding, “we encourage everyone to seek accurate information regarding the NPC’s activities from our official social media handles and website.”
According to the statement, NPC is committed to keeping the public informed about developments concerning the first biometric Population and Housing Census in Nigeria.
“We appreciate your support in ensuring a successful census exercise,” the statement said.
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