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Allianz Boosts Employees Capacity via Training



  • Allianz Boosts Employees Capacity via Training

As part of efforts to strengthen the competencies of its employees, Allianz Nigeria said it had enrolled some of its employees in the Allianz Underwriting Academy.

A statement from the underwriting firm said, “Technical team members at Allianz Nigeria have been admitted into the prestigious academy in what will be the first phase of a progressive upskilling programme following the integration of the local operating entity into the group.”

The company said that the Allianz Underwriting Academy, which was established in 2001, aimed at fast-tracking workers of Allianz Group towards gaining insurance qualifications.

The academy’s CII prior learning accreditation award, it added, achieved Advanced Diploma Level.

It stated that the accreditation meant that, for the first time, a member of staff passing specific personal lines or commercial (motor, property and casualty) academy modules could earn (up to a maximum of 60) credits within the CII qualification structure.

The Head of Data Analytics & Reporting at Allianz Nigeria, Adekunle Giwa, who had all his papers in the first cycle, stated, “The exams were as rigorous as they were rewarding. I am proud to be a student of the academy and look forward to the accreditation award from the prestigious CII UK.”

According to the statement, the programme provided a framework which enabled individuals to build the skills required to fulfill career aspirations, achieve professional qualifications through study support and the Chartered Insurance Institute accreditation and to meet the requirements for continuing professional Development as required by the CII.

The Executive Director, Owolabi Salami, explained that prior to the beginning of the programme, Allianz Nigeria had a competent and sound technical team.

He said, “Still the examinations were rigorous even for my very experienced colleagues. This is proof that the best can be made better. Our risk assessment, pricing and coverage will keep getting better. We are very proud that Allianz is the first insurer to achieve this level of accreditation from the CII. Our clear goal is to have the most technically-skilled staff.”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.

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MTN Nigeria, Gameloft Partner to Increase Access to Variety of Exciting Games




MTN Nigeria announced it has partnered with Gameloft, a leader in the development and publishing of games, to increase access to a variety of fun and exciting games online.

The telecommunications giant in collaboration with its new partner, Gameloft announced the launch of MTN Gameworld, a new gaming platform for its subscribers.

According to MTN, the new platform will allow the Nigerian growing gaming community access to a lot of unique games online through an extensive premium catalogue from Gameloft and other renowned publishers.

Commenting on the partnership, Srinivas Rao, the Chief Digital Officer, MTN Nigeria, said, “We are constantly seeking to deliver innovative products that support the aspirations of our customers, whilst delivering superior user experience. This partnership allows us to provide our customers with access to a variety of exhilarating games from Gameloft and other leading publishers at an affordable rate.”

MTN Gameworld will allow subscribed customers access to a variety of games, which they can play at subsidised data rates through the MTN Gameworld app. Android, iOS and Windows phone users can subscribe via SMS, app, web, USSD menu (*447#), 131 USSD menu and any other MTN customer channel.

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President Buhari Commissions 5,000bpd Modular Refinery Built in Imo State



President Buhari

President Muhammadu Buhari on Tuesday commissioned the 5,000 barrels per day modular refinery built by Waltersmith Group in Imo State.

President Buhari, who commissioned the new modular refinery virtually, said the refinery will enable Nigeria to export petroleum products to neighbouring countries and other markets.

The 5,000 barrels per day Waltersmith Modular Refinery is the first phase of 50,000 barrels per day combined capacity plant planned for Imo State, according to the Group.

Buhari commended Waltersmith Group, an indigenous oil firm, and the Nigerian Content Development and Monitoring Board for the collaboration that led to the actualisation of the modular refinery.

President Buhari, therefore, directed the Ministry of Petroleum Resources, the Nigerian National Petroleum Corporation, the Department of Petroleum Resources and all other relevant government agencies to provide Waltersmith all the necessary support in terms of access to crude oil and condensate feedstock.

Buhari said, “We rolled out our refining roadmap in 2018, to address challenges in the downstream sector. After many years of government giving out modular refining licences without any coming on-stream, we are today seeing a commissioning within two years.

“The plan to commence the expansion of this refinery to 50,000bpd capacity, to refine crude oil and condensate, is a demonstration of the economic reform Nigeria is undergoing.

“The realisation of the refinery roadmap will ultimately lead us to becoming a net exporter of petroleum products, not only to our neighbouring countries but to other wide markets,” he said.

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Elon Musk Net Worth Jumps by $100 Billion this Year to Topple Bill Gates, Mark Zuckerberg, Others 



Tesla earnings

Elon Musk, the Chief Executive Officer and founder of Tesla, is now the world’s second-richest person following another surge in the price of Tesla share.

Musk total net worth jumped by $7.6 billion to $110 billion between November 16 and 17 to dethrone Facebook founder, Mark Zuckerberg, from the third position.

Since then, Tesla stock has been on a bullish run and in the last 24 hours added $7.24 billion to Elon Musk’s total net worth, according to Bloomberg Billionaire Index. Bringing the billionaire’s total net worth to $128 billion.

Elon Musk’s net worth rose from just $28 billion in January 2020 to $128 billion on November 24, 2020, representing an increase of $100 billion, the highest by any billionaire.

Musk has finally toppled Bill Gates as the second richest person and for the first time, Bill Gates is the third richest man in the world. This is the first time in almost 40 years that Gates will be in the third position.

Billionaires listed on Bloomberg Index have collectively gained $1.3 trillion this year.

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