News

Plateau APC, Wase Express Readiness to Host Presidential Campaign Flag-off

Published

4 years ago

November 14, 2022

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The All Progressives Congress (APC) in Plateau State has declared its readiness to host the flag-off of the party’s presidential campaign in Jos slated for Tuesday, November 15, 2022.

Deputy Speaker of the House of Representatives and Chairman of the 40-man local organizing committee (LOC) for the flag-off, Hon. Idris Wase, while addressing journalists on Saturday, commended the party for choosing Plateau State to kick off the campaign.

This is coming as the South-south support groups of the party have begun mobilization and campaigning for the region to achieve success for the Tinubu/Shettima presidential ambition in the 2023 general election.

Wase was flanked by the co-Chairman of the LOC, Prof. Sonnie Tyoden; the governorship candidate of the party in Plateau State, Dr. Nentawe Yilwatda, and other members of the LOC at the media parley yesterday, said the party in the state was fully prepared to host thousands of guests who would storm the state.

Wase said: “Plateau is home to our party, the people of our state have adopted the APC as their party. We are pleased to report to you and indeed Nigerians that the campaign is ready to move. By the grace of God, we are flagging off the campaign next Tuesday, November 15, 2022, in Jos.

“All arrangements have been made to host a very successful flag-off of the campaign. The APC has done a lot in bringing developments to Plateau State,” he explained.

He said that the security operatives would be deployed to tackle any breakdown of law and order, adding that President Muhammadu Buhari; the APC National Chairman, Senator Abdullahi Adamu; governors on the platform of the ruling party, senators and several party officials are expected to grace the occasion.

Meanwhile, the Senator representing Plateau South Senatorial district in the National Assembly, Prof. Nora Dadu’ut has expressed confidence that the presidential candidate of the APC, Senator Bola Tinubu, would receive massive support from the people of the state during the flag-off.

She also reiterated the capacity of the state governor and the Director General of the APC Presidential Campaign Council, Mr. Simon Lalong to lead the party to victory at the general election next year.

Dadu’ut, a member of the Women Presidential Campaign team for Tinubu/Shettima Campaign Organisation assigned to the strategic planning directorate, in a statement said that kick-starting the rally in Jos is a national endorsement of the fact that Plateau State is home of the APC.

Meanwhile, the South-south support groups of the APC have begun mobilization and campaigning for the region to achieve success for the Tinubu/Shettima residential ambition in 2023.

The groups said the era of political domination by the Peoples Democratic Party (PDP) in the region was over, adding that they would mobilize for the APC to take control of the region from 2023.

Addressing party faithful at a mini rally held at Nsima Ekere playground, along 4 Lane, Uyo, the state Chairman, Coalition of Support Groups, Akwa Ibom State chapter, Hon. Patty Etete Inemeh urged the group to mobilize their members in their respective states to work to end the domination of the PDP in the zone.

He extolled the lofty virtues of the APC presidential flag bearer, Tinubu, and his vice presidential candidate, Senator Kashim Shettima, adding that their candidature is in the best interest of the region.

“Let me assure all of us here that Tinubu/Shettima presidential ticket is in the best interest of the South-south, we must go back to mobilize our members to vote for APC in the forthcoming election.”

The Chairman, while acknowledging the complementary support of the leader of APC leaders in Akwa Ibom State, including Senator Godswill Akpabio, Obong Akan Udofia, and others, urged the support groups to be the “torchlight bearers” to highlight the need to vote and work for all APC candidates in the forthcoming elections.

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News

Legends Return to the Pitch: IASC Above 45 Tournament 2026 Begins with Blockbuster Opening Fixtures

Published

6 hours ago

August 4, 2026

Preport

WhatsApp Image 2026 08 04 at 10.00.46 PM.jpeg

The stage is set for another memorable chapter in the history of the Island Allstars Sports Club (IASC) as the much-anticipated IASC Above 45 Tournament 2026 kicks off on Saturday, August 8, 2026, at the LBS Sports Arena, Lekki, promising an exciting display of football, sportsmanship and camaraderie among veteran players.

The annual tournament, one of the club’s flagship sporting events, celebrates the enduring passion, fitness and competitive spirit of football enthusiasts aged 45 years and above. It has become a unique platform where experience meets talent, bringing together distinguished members of the club to compete while strengthening the bonds of friendship that define the IASC family.

According to the fixtures released by the Sports Management Committee (SMC), the opening match will see Team A take on Team D at 8:30 a.m., while the second fixture will feature Team B against Team C at 10:30 a.m. Both matches will be played at the LBS Sports Arena, with the tournament concluding on August 15, 2026, when the champions will emerge.

Beyond the excitement on the pitch, the Above 45 Tournament continues to promote healthy living, active ageing and community engagement, proving that football remains a lifelong passion capable of inspiring generations.

This year’s competition is proudly supported by Sure B Homes, Dinice Royal Investment Limited, Network Times Nigeria Limited, and Cartel Beach House Del Viento, whose sponsorship underscores the growing corporate confidence in the vision of the Island Allstars Sports Club.

To ensure supporters across Nigeria and beyond do not miss the action, selected matches will be streamed live on Sports247 YouTube Channel and website: sports247.ng, allowing football lovers around the world to follow every tackle, goal and dramatic moment as it unfolds.

Speaking on behalf of the Sports Management Committee, the committee’s Secretary, Ugochukwu Chukwudalu, assured members and supporters of a professionally organised tournament that reflects the values of excellence, unity and fair play for which the club is known.

As anticipation reaches fever pitch, all roads lead to the LBS Sports Arena this Saturday for what promises to be an unforgettable football spectacle. For the players, it is another opportunity to chase glory. For the fans, it is a celebration of football at its finest—where legends return to the pitch and experience takes centre stage.

Business

Coronation Insurance, Coronation Life Meet NIIRA 2025 Minimum Capital Requirements Following Successful ₦9.2bn Capital Raise

Published

7 hours ago

August 4, 2026

Preport

Coronation Insurance Plc and Coronation Life Assurance Limited have successfully met the new minimum capital requirements stipulated under the Nigerian Insurance Industry Reform Act (NIIRA) 2025.

This marks the successful completion of the Nigerian insurance industry’s year-long recapitalisation exercise as announced by the National Insurance Commission (NAICOM).

A statement released today by both underwriters, that the milestone follows the successful conclusion of a ₦9.2 billion private placement by both companies, which attracted strong participation from existing and new investors. The offer, comprising 4.2 billion ordinary shares, was oversubscribed, demonstrating strong investor confidence in the companies’ long-term strategy, sound corporate governance, and growth prospects.

Meeting the new regulatory capital requirements reinforces the financial strength of both Coronation Insurance and Coronation Life Assurance, positioning the companies to accelerate innovation, expand access to insurance solutions, and create greater value for customers, shareholders, and other stakeholders.

The strengthened capital base will support strategic investments in product innovation, digital transformation, customer experience, and the expansion of the companies’ distribution footprint. It will also reinforce their bancassurance partnership with Access Bank, enabling both companies to extend insurance solutions to customers across one of Africa’s largest banking networks.

Reacting on the milestone, Olamide Olajolo, Managing Director/Chief Executive Officer of Coronation Insurance Plc, said: “Meeting the new capital requirements under NIIRA 2025 is a significant milestone for our business and reflects the confidence investors continue to place in our strategy and long-term vision. The successful completion of our private placement is a testament to the strength of our governance, our business model, and our commitment to building a stronger, more resilient insurance company that consistently delivers value to customers, shareholders, and the wider economy.

“With our strengthened capital position, we remain focused on expanding our product offerings, deepening our distribution capabilities, investing in digital innovation, and delivering exceptional service across every customer touchpoint. We are well positioned to respond to emerging opportunities within Nigeria’s evolving insurance market while driving sustainable growth and operational excellence.”

Also Adebowale Adesona, Managing Director/Chief Executive Officer of Coronation Life Assurance Limited, “said: The successful completion of this recapitalisation represents much more than regulatory compliance; it is a strong affirmation of our commitment to building a future-ready life insurance business that inspires confidence and delivers lasting financial security for our customers.

“This stronger capital base enables us to deepen our investment in innovative life insurance and wealth creation solutions, enhance our digital capabilities, strengthen our customer experience, and expand access to insurance through strategic partnerships. As Nigeria’s insurance industry enters a new era, Coronation Life Assurance is well positioned to help more individuals, families, and businesses protect what matters most while creating sustainable long-term value for all our stakeholders.”

Both firms continue to strengthen their market position through customer-focused solutions spanning general insurance, life insurance, risk protection, savings, retirement planning, and wealth creation for individuals, businesses, and institutions.

The successful recapitalisation underscores growing investor confidence in the long-term prospects of Nigeria’s insurance industry while reaffirming Coronation’s commitment to building resilient financial institutions that create sustainable value.

With enhanced financial capacity, strong corporate governance, and a clear strategic growth agenda, Coronation Insurance and Coronation Life Assurance are well positioned to accelerate innovation, broaden market access, deepen customer relationships, and contribute meaningfully to the continued development of Nigeria’s insurance sector under the new regulatory framework.

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