Month: March 2023

Third Party Vehicle Insurance

A third party’s property or other damages resulting from an accident that the policyholder caused are covered by this kind of insurance policy, and the insurer agrees to pay for those losses. This might cover reimbursement for related costs such as medical bills and car repairs.

It’s crucial to keep in mind, though, that third party insurance does not protect the policyholder’s own car or any injuries they might sustain in an accident. Due to this, it is advised that policyholders think about getting a comprehensive insurance plan that covers third-party liability as well as damage to their own vehicle and bodily injury.

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UK, US and Australian Universities Compete to Recapture Booming International Students

Source: DNA India

Foreign Universities rely on juicy income from international students. When borders were shut due to the pandemic, many foreign Universities suffered from sudden revenue shorfall as a result of travel restrictions and their inability to admit as much foreign students as expected, many switched to online courses with cheaper tuition fees.

Three years on, there have been no sign that these Universities now have alternatives, rather the scrambling for foreign students have increased.

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Shortage of Skilled Workers in the UK Record High..

Pictures from Go Canada Services

The employers in UK have continued to express frustration on their inability to hire experienced workers with requisite skills to fill vacant positions in their organisations.

UK is among the top economy in the world and houses the best Universities around. But why the sudden manpower deficit?

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Breaking-Old N200, N500, and N1,000 Banknotes Remain Legal Tender

The Central Bank of Nigeria has directed old N200, N500, and N1,000 banknotes remain legal tender in line with the Supreme Court Judgement.

According to the press release by the Apex Bank on Monday 13th of March 2023 through the Ag. Director Corporate Communications, Isa Abdulmumin:

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Silicon Valley Bank Collapses, Biggest Banking Failure in US since 2008

Pictures from Bloomberg News

Silicon Valley Bank (SVB) was a commercial bank with the headquarter in Santa Clara, California US.

As of June 30, 2016, SVB had a 25.9 percent market share, making it one of the biggest banks in the country and the largest bank in Silicon Valley based on local deposits.

Silicon Valley Bank provides financial assistance to startups, individuals, investors and international innovative companies to achieve their ambitious objectives. “SVB is the financial partner of the innovation economy”

The second-largest bank failure in American financial history occurred on March 10, 2023, as a result of a bank run on SVB’s deposits, and the Federal Deposit Insurance Corporation was appointed as receiver.

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Is INEC Really Independent?

The Independent National Electoral Commission (INEC) was created in year 1998 and is the electoral body which organises and cordinate elections in Nigeria.

INEC is a product of metamorphosed Electoral Commission of Nigeria (ECN) which was inaugurated in 1958 to conduct the 1959 federal elections.

General Abdulsalam Abubakar’s Administration dissolved the National Electoral Commission of Nigeria (NECON) who conducted the controversial election that General Abacha annulled and established the Independent National Electoral Commission (INEC).

INEC is therefore established to save the Democracy in Nigeria.

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