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Heirs Life Introduces Annuity Campaign Promises Retirees a Guaranteed Pension for Life

Specialist digital life insurance company, Heirs Life Assurance (HLA) has rolled out an awareness campaign for its pension-regulated Annuity Plan, promising retirees a steady income for as long as they live. The premise of the plan is for people to retire without financial worries as the plan pays policyholders a guaranteed pension for life.

Last year, Lagos State Government announced Heirs Life as one of the few life insurance companies providing Annuity plan to its pensioners, demonstrating the government’s confidence in the company which only launched last year. Since then, the company has partnered with several organisations to provide the Annuity plan to their employees.

According to the Managing Director, Niyi Onifade, these partnerships are testament to the confidence regulators and other partners have in the company’s capacity to fulfil its promises and its consistent delivery of service excellence.

In his words, “Pensioners have every reason to live life confidently as the Annuity Plan takes care of the worries of retirement, specifically, the uncertainty of the future. We are delighted to provide Annuity to pensioners in Nigeria. We consider this as a big win because it is an indication that our customers, regulators, and government agencies are confident in our promise of service excellence. At Heirs Life, we continue to address the specific needs of different audience segments in line with our mission to make insurance accessible to everyone.”

Speaking on the campaign, the Chief Marketing Officer, Ifesinachi Okpagu, identified awareness as an important step to get more retirees signed onto this beneficial plan. “Everyone needs to understand the options open to them as they build their retirement plan. Hence, our campaign “The Fun Begins at Retirement” addresses the option of planning a wholesome retirement with the benefit of the Heirs Annuity Plan,” she said.

Heirs Annuity Plan pays retirees a steady amount, monthly or quarterly for as long as the annuitant lives. This way, the individual is assured of a great future even during retirement.

Beyond the Heirs Annuity plan, Heirs Life has introduced a variety of interesting life assurance plans for different customers. Heirs Life continues to transform life insurance in Nigeria through its digital service delivery and by providing simple, quick, reliable, and accessible financial security plans to individuals and businesses. Heirs Life is a subsidiary of Heirs Holdings, a pan-African investment group.

Alongside other products, the Heirs Annuity plan can be purchased via the company’s website www.heirslifeassurance.com and other digital channels or through the company’s accredited representatives.

GTCO Plc acquires the Mutual Fund and Pension Subsidiaries of Investment One Financial Services Limited; Investment One Funds Management Limited and Investment One Pension Managers Limited

GTCO Plc acquires the Mutual Fund and Pension Subsidiaries of Investment One Financial Services Limited; Investment One Funds Management Limited and Investment One Pension Managers Limited.

Guaranty Trust Holding Company Plc (GTCO Plc or the Group), a diversified financial services provider, today notified the Nigerian Exchange Group (NGX) and the investing public that GTCO Plc has concluded the acquisition of the 100% equity stake in Investment One Pension Managers Limited (IOPM) and Investment One Funds Management Limited (IOFM) (together, the Companies) held by Investment One Financial Services Limited (IOFS or the Seller).

IOPM is licensed by the Nigerian Pensions Commission (PenCom) to operate as a Pension Fund Administrator in Nigeria. On the other hand, IOFM is licensed by the Securities and Exchange Commission (SEC) to undertake fund management and investment services on behalf of clients and manage collective investments schemes as a corporate investment adviser. The Seller is regulated by the SEC and offers a wide range of services including Investment Management, Trust Services, Financial Advisory Services, Security Brokerage and Pension Funds Management. Forthwith, the Companies cease to be subsidiaries of the Seller and have become wholly owned subsidiaries of GTCO Plc.

In line with GTCO Plc’s aspirations to operate across the financial services sector value chain in Africa, these acquisitions would expand the product and service offerings of the Group into the Assets and Funds management segments whilst positioning GTCO Plc as a dominant player for all critical financial services.

Commenting on the completion of the Corporate Reorganization, Mr Segun Agbaje, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc (GTCO), said: “We are very excited to get started on the next phase of our incredible journey to driving Africa’s growth by making end-to-end financial services easily accessible to every African and African Businesses by leveraging Technology and Strategic Partnerships. As a bank, we were always looking to meet every customer need; with our corporate reorganization, we will be able to do more to help our customers thrive in this new world of digital technologies and unprecedented possibilities”.

He further stated that, “Whilst we are evolving as an organization, we remain committed to our founding values which have endeared our brand to millions of people across Africa and beyond, and which continue to drive our financial success. As a Proudly African and Truly International brand, we will continue to live by these values — of excellence, hard work and integrity, even as we create faster, cheaper, safer and products for people and businesses through every stage of life.”

The acquisitions were facilitated by Exotix Advisory Limited and Vetiva Capital Management Limited as Financial Advisers, Aluko & Oyebode as Legal Adviser and Deloitte & Touche (Nigeria) as Financial Due Diligence Adviser.

GTCO Plc is a diversified financial services company with N5.144trillion in assets, providing commercial banking services and non-banking financial services across eleven countries, including the United Kingdom. The Group offers a wide range of banking as well as non-banking financial services in Nigeria, West Africa, East Africa, and the United Kingdom. The Group is rated B- by S&P, a reflection of the Group’s stability and reputation of being a well-established franchise with strong asset quality and consistent excellent financial performance.

Transcorp Hilton Abuja wins Traveller Review Award 2022

The award is given to brands who have exceeded travellers’ expectations

Transcorp Hilton Abuja, the flagship hotel of leading hospitality brand Transcorp Hotels Plc., has won Booking.com’s Traveller Review Award 2022. This award celebrates businesses that consistently exceeded travellers’ expectations, having earned great traveller reviews.

“We are honoured to receive this award which highlights Transcorp Hilton Abuja as consistently delivering quality experiences while navigating changing guest expectations during a pandemic.

“Our ability to evolve and adapt to changing guest preferences has been key to making our hotel a top destination for business and leisure travellers, as well as locals who want a luxurious hospitality experience.”

“We remain committed to providing exceptional services across all our touch points,” the Transcorp Hotels Plc MD/CEO added.

According to an Award letter signed by Glenn Fogel, President & Chief Executive Officer of Booking.com, the Dutch Online Travel Agency said it understood how difficult it is to exceed the expectations of travellers.

“We know that’s never easy – let alone amid a global pandemic. It takes a lot of hard work, vision, coordination, and attention to detail, and you’ve excelled,” said Fogel.

Transcorp Hotels Plc. has always maintained that its mission is to redefine hospitality standards in Africa and the company has been doing this through innovation and exceptional services as it creates value for its customers and other stakeholders.

The company is developing a word-class event center at Transcorp Hilton Abuja, as it seeks to increase its market share in the conference and events space. Transcorp Hotels Plc is also working on a lifestyle center in Lagos that will rival the best of its kind globally. As part of its continuous expansion plans, the hospitality giant is planning developments in Lagos and Port Harcourt, even as it continues to build its online accommodation booking platform Aura by Transcorp Hotels, where guests can book both hotels and short let homes. Transcorp Hotels Calabar is also currently being upgraded to maintain the high standards the hospitality brand is known for.

NNPC Boss, Kyari Names Four Firms As Culprits Of Adulterated Fuel

The Group Managing Director of the Nigerian National Company Limited (NNPC), Mele Kyari, has disclosed that four companies were responsible for the importation of adulterated fuel into the country.
Speaking on Wednesday during a media briefing at the NNPC Headquarters in Abuja, Kyari said MRS, Emadeb/Hyde/AY Maikifi/Brittania-U Consortium, Oando and Duke Oil brought the substandard fuel into Nigeria.

He disclosed that the investigation carried out by the company revealed that the presence of Methanol which was above Nigeria’s specification was detected in four petrol cargoes imported by the listed companies

Kyari said the Methanol blended petrol was imported into the country by the four oil suppliers through its Direct-Sales-Direct-Purchase arrangement.

The NNPC GMD, however, said he has since ordered the withdrawal of all the affected products in transit (both truck and marine), disclosing that the adulterated fuel was imported from Antwerp in Belgium.

Kyari disclosed that the NNPC had ordered the quarantine of all un-evacuated volumes of the contaminated fuel that led to the disruption of the petrol distribution value chain, in order to prevent further distribution.

He stressed that the NNPC and other stakeholders were making serious efforts to resolve issues generated by the supply and discharge of methanol blended fuel in some Nigerian depots.

He said: “In order to prevent the distribution of the petrol, we have ordered the quarantine of all un-evacuated volumes and the holding back of all the affected products in transit (both truck & marine).

“All defaulting suppliers have been put on notice for remedial actions and NNPC will work with the authority to take further necessary actions in line with subsisting regulations.

“NNPC wishes to reassure Nigerians that we are currently sourcing additional cargoes to ensure product sufficiency.”

The NNPC boss asserted that petrol brought into Nigeria usually does not include the test for the level of methanol content, adding that cargoes’ quality certificates issued at the loading port in Belgium, by AmSpec Belgium, indicated that the product complied with Nigerian specifications.

However, Kyari disclosed that the NNPC first received a report on January 20, 2022, from its quality inspector of the presence of “emulsion particles” in petrol cargoes shipped to Nigeria from Belgium.

200-level OAU student dead after falling inside hostel soakway (VIDEO)

Society gazette reports that a 200-level OAU student, Heritage has died after falling inside her hostel soak-away which was shabbily covered.

She was picking her clothes when she mistakenly and unfortunately fell into the soak-away, leading to her death.

The video of the soak away has however surfaced online while students of the school condemned the management of obafemi Awolowo University.

WATCH VIDEO BELOW

https://twitter.com/i/status/1491604920692142080

West Ham Fine Zouma £250,000 Over Maltreatment Of Pet Cat

French defender, Kurt Zouma has been fined £250,000 for mistreating his pet cat, Premier League club, West Ham has announced on Wednesday.
Society gazette reports that a disturbing video emerged of the defender hitting, dropping, and kicking his pet across his kitchen floor on Monday.

The 27-year-old defender issued an apology but Essex Police confirmed that urgent enquiries were underway in conjunction with the RSPCA to address the incident.

In a statement released to reporters, West Ham said it fined the player two weeks wages which will be donated to animal welfare charities.

He wrote: “West Ham United can confirm that Kurt Zouma has been fined the maximum amount possible following his actions in the video that circulated.

“The player has immediately accepted the fine and has requested that it is donated to animal welfare charities.”

The club initially condemned their player’s actions after the video emerged but backed manager David Moyes’ decision to start the player for the win against Watford on Tuesday night.

Moyes has said Zouma would remain available for selection while the club’s internal investigation run its course.

Adidas Drop Zouma
In a related development, Adidas has confirmed that Zouma is no longer associated with the company after “investigating the incident internally”.

A statement read: “We have concluded our investigation and can confirm Kurt Zouma is no longer an Adidas contracted athlete.”

Adidas had earlier said: “No animal should be subject to cruel and unwarranted abuse.”

Vitality Suspend Sponsorship
Also, West Ham’s wellness partner, Vitality, has suspended its sponsorship of the club with immediate effect.

“We were very distressed by the video we have seen of Kurt Zouma. At Vitality, we condemn animal cruelty and violence of any kind,” a statement read.

Portable Reacts After Oxlade’s S#x Tape Surfaced Online

Nigerian singer Habeeb Okikiola aka Portable has broken his silence after a video of singer Oxlade in compromising positions with a lady surfaced online.

Recall that singer, Oxlade got into a messy drama after his s#x tape leaked.

The “zazoo zeh” crooner took to his Twitter account to share his thoughts.

According to Portable, he can never be caught in that position.

He wrote: “Konji wey go cause disgrace, I reject am. “

Pastor Ighodalo Reveals Why Tinubu Cannot Succeed Buhari In 2023

The Senior Pastor of the Trinity House, a non-denominational Christian centre headquartered in Lagos, Pastor Ituah Ighodalo has said a chieftain of the All Progressives Congress, Asiwaju Bola Tinubu can not succeed President Muhammadu Buhari in 2023.
Speaking in an interview with Mediaroomhub, the cleric, who is a close friend of Tinubu, said the former Lagos governor is only ambitious and not ready to offer anything to Nigerians.

He stated that what the country needs after Buhari is someone who is really ready to serve, adding that the nations doesn’t need someone who sees the presidency as a personal ambition.

Ighodalo said: “Tinubu is my personal friend, as a person, I love him very much, he has been very kind to me, he is a good man, but leadership today in Nigeria is greater than any personal ambition, the kind of leader we want is not someone who says being president has been my life ambition, no, you must do better than that. What are you offering the people? What are you giving the people, where are you taking them to, do you have the interest of the people at heart? Or you are just trying to put on your CV that you became president of Nigeria?

“We don’t have time for that anymore in Nigeria, we want people who really want to serve the people, people who are really ready to lay themselves down for the people, people who have vision for Nigeria, people who are bold enough to take the right decision and not going to offer us on the altar of politics and compromise us just because they want something or the other and take us back to square one again and we are suffering all over the place.”

Speaking further, the popular clergyman said the National leader of the APC has done well producing many leaders.

Pastor Ighodalo stated that Tinubu should instead be thinking of how to unite Nigerians to select a person who will be able to take the country forward .

He said: “I am looking for that righteous person who is ready to stop all these corrupt practices and not dashing people money, but using the money to educate them, build schools, hospital and laying infrastructures.

“What drives an economy is production, the ability to transform raw materials into finished goods. When you continue producing, there will be more than enough for everybody to consume.

“We want leaders that will encourage production, it means that the constitution of Nigeria must be changed and fashioned in such a way that there can be complete production of all the resources of Nigeria.”

Breaking: Reps Ask Buhari To Declare National Emergency Over Ritual Killings

President Muhammadu Buhari has been asked to declare a national emergency on ritual killings across the country.
Society gazette reports that the House of Representatives made the call during its plenary on Wednesday.

The development was part of the resolutions reached by the lawmakers on a motion of urgent public importance entitled ‘Need to Curb the Rising Trend of Ritual Killings in Nigeria’.

More details…

POLITICS2023: Pastor Adeboye declare Support For osinbajo Presidential ambition

Speculations have emerged that the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye supports the presidential ambition of the Vice President of Nigeria, Yemi Osinbajo.
The report is coming after rumour had it that Osinbajo would declare his presidential ambition in the 2023 race after the National Convention of the All Progressives Congress.

Osinbajo in a statement released on Monday, however, denied the claim that he would officially announce his plan to contest in the general elections.

A support group for ‘Osinbajo 2023’ in a post on Instagram wrote, “Despite the ongoing campaigns against his currently rumoured bid for the presidency by some interests in the southwest, where he hails from, Osinbajo had made up his mind to give the presidency a shot.

“Even more instructive was the fact that Osinbajo had received the blessing and the charge to go ahead with his ambition from Pastor Adeboye.”

If Osinbajo decides to contest in the forthcoming presidential election, he would be hoping to first clinch the presidential ticket of the party ahead of the National Leader of the APC, Bola Tinubu, who many see as his benefactor.