“Nigerians are complaining about the cost of petrol. I was in London, UK, last week, where I visited a filling station just to compare the fuel price difference between Nigeria and the UK. After conversion, a liter of fuel costs over ₦3,000+ over there. We are doing very well here.” — Edo State Governor, Monday Okpebholo
@GOtvNg Good Afternoon,
Please, I just renewed and upgraded to Gotv Jinja, the stations were not activated on time, I tried re-scan, but since then the station is not complete.
How can you be of help?
@GOtvNg Good Afternoon,
Please, I just renewed and upgraded to Gotv Jinja, the stations were not activated on time, I tried re-scan, but since then the station is not complete.
How can you be of help?
@GloWorld Good Morning,
Please I just subscribed to my Glo line for browsing, unfortunately, when I switched on my data, it would not browse.
Please, help out
Accountability starts with identification. All officers are required to display name tags while on duty as directed by the IGP.
The CRU remains available 24/7 to receive complaints of police misconduct. Reach out via 09133333785, 09133333786. WhatsApp: 08057000003
Demystifying IFRS 17 Insurance contract
One of the IFRS standards that is too dear to me is IFRS 17. While it’s an accounting standard, it has a strong intersection with actuarial work and in many cases you see accountants in the insurance industry shy away from it and let the actuarial team take the lead (more reason I’ve been preaching that accountants who like complexity should explore actuarial exams… lol 😄).
Unlike the old IFRS 4 where actuarial numbers were often treated as “just a liability figure,” IFRS 17 now has a very pervasive impact on the face of the accounts, from revenue to expenses to finance income/expense, etc. It’s also quite specialised such that if you’re not involved in insurance industry (or insurance-like contracts), you may never really experience it. And honestly, it’s difficult to learn purely in theory because it’s well loaded. practical application is what makes it click.
That said, I still believe anyone can get a solid gist with the right explanation. I’ve supported 40+ insurance & reinsurance entities across Africa on IFRS 17 implementation and delivered 50+ trainings for boards, practitioners, and regulators.
Someone dear to me recently asked that I explain the standard, so I put something together to share (recorded this yesterday night from about 8pm–1am, even sacrificed my Chelsea game as I was so sure its a straight win 😅).
The video is in 3 streams (about 4 hours combined), but if you really want to learn, you’ll need to pause, open Excel, and demo the same examples yourself. This is a preamble, but I trust that if you’re interested in IFRS 17 and you go through it, it will be a strong starting point to explore the standard further.
Here are the 3 parts:
Basics of Insurance + IFRS 17 technical foundations- https://t.co/2jeLRXxPHJ
IFRS 17 practical example (GMM portfolio)- https://t.co/IqBUt6vdFr
Analysing IFRS 17 financial statements-https://t.co/uB5YXVCvqs
Snippet 1 - explaining non insurance components in insurance contracts
Snippet 2- explaining why expenses and claims forms part of insurance revenue
Snippet 3 - analyzing IFRS 17 Financial statements
#insurance #IFRS17
Just wrapped up a 4-part IFRS 9 ECL series with a focus on the modelling. Almost 4hrs in all but to follow through with the modeling you probably need at least 8hrs.
Part 1: A brief intro - Classification & Measurement (SPPI, business model assessment, EIR dynamics)
https://t.co/3bkR837xxD
Part 2: ECL framework + EAD Modelling (amortisation profiles, CCF, behavioural assumptions)
https://t.co/vcC7airsu7
Part 3: PD Modelling (Markov Chain, transition matrices, lifetime PD term structure)
https://t.co/7i6MDxjnNI
Part 4: LGD + Full ECL (recoveries, collateral projection etc)
https://t.co/4C3L89lss1
Some snippets 👇
Also used the opportunity to highlight advanced Excel functions like LET, LAMBDA, and SCAN. Worth exploring if you’re into complex modelling.
Of course, it’s almost impossible to cover everything within a limited time. I only just scratch the surface😎.
#IFRS9 #ECL #CreditRisk #Quant
@StanbicIBTC I initiated an online redemption from my Mutual Funds since Wednesday 14th January, up till now, my account has not been credited.
Please, act fast on this as I have an obligation to be met on this money today.
Thanks
@StanbicIBTC I initiated an online redemption from my Mutual Funds since Wednesday 14th January, up till now, my account has not been credited.
Please, act fast on this as I have an obligation to be met on this money today.
Thanks
@StanbicIBTC Good Evening,
I initiated an online redemption from my Mutual Funds since Wednesday 14th January, up till now, my account has not been credited.
Please, act fast on this as I have an obligation to be met on this money today.
Thanks
@StanbicIBTC I tried redeeming since Wednesday 14th January, 2026 and up till now, my account has not been credited.
Please, what is delaying.
Please, I have obligations to be met today.
Thank in anticipation of your earliest response.
@GOtvNg Why is it that my Gotv used to scan itself intermittently and after the exercise, some channels will be missing.
How can you be of on this issue? I cannot watch some channels that I paid for.
Your earliest intervention will be highly appreciated
@GOtvNg Why is it that my Gotv used to scan itself intermittently and after the exercise, some channels will be missing.
How can you be of on this issue? I cannot watch some channels that I paid for.
Your earliest intervention will be highly appreciated
Comfort Emmanson's alleged assault on the Ibom Air Hostess may have a different view after watching this clip.
Before her outburst, what really transpire between her and the Air Hostess.
Her bio tells us that she might be a hyperreactive person.