Author: BusinessTodayNG
President Bola Tinubu has approved the appointment of the following qualified Nigerians to the Board of the National Insurance Commission (NAICOM): (1) Ms. Halima Kyari — Chairperson (2) Mr. Olusegun Ayo Omosehin — Commissioner for Insurance (3) Mr. Olawoye Gam-Ikon — Deputy Commissioner (Technical Operations) (4) Dr. Usman Ankara Jimada — Deputy Commissioner (Finance & Administration) (5) Dr. Miriam Kene Kachikwu — Member (6) Mr. Adeniyi Olusegun Fabikun — Member (7) Mr. Umar Khalifa Mohammed — Member The President expects the new Board of the National Insurance Commission to exercise utmost probity as it leads the commission in ensuring a…
BY NKECHI NAECHE-ESEZOBOR–Nigeria’s lead underwriter, Unitrust Insurance Company Limited, has become first insurance firm to achieve International Standard Organization ISO/ IEC 27001:2022 in compliance with global best practices. From left: Chief Marketing Officer, Unitrust Insurance Company Limited, Oladele Oyetunji; ED Technical, Tunji Anibaba; Founder/ CEO, Digital Jewel Africa, Adedoyin Odunfa; Managing Director/CEO , Unitrust Insurance Company Limited, Adedayo Arowojolu; Head Legal/ Chief Compliance Officer, Mrs. Ngozi Odikanu; Chief Finance Officer, Mr. Oluwasegun Adeoye and IT manager, Stephen Adebayo, during the presentation today. ISO/IEC 27001:2022 is a world-renowned best standard for information security management systems (ISMS) as it defines the requirements…
Leadway Pensure, one of Nigeria’s leading pension fund administrators, has concluded the 2023 financial year, recording a 25% annual fund growth, exceeding its financial targets set for the year. This remarkable achievement comes on the heels of treble awards for the brand as West Africa’s Pension & Lifestyle Company of the Year, Best Customer Care awards, and its Chief Executive Officer, Lanre Idris, named Best Pension and Finance CEO of the Year, all in 2023. Speaking on Leadway Pensure’s season of revenue and investment growth, Chief Executive Officer of Leadway Pensure, Mr. Lanre Idris, stated that this outstanding achievement further solidifies the…
The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Wednesday arraigned a businessman and socialite, Pascal Okechukwu, a.k.a Cubana Chief Priest, on a three-count charge bordering on abuse of the Naira before Justice Kehinde Ogundare sitting at the Federal High Court, Ikoyi, Lagos. Count one reads: That you, Okechukwu Pascal, on 13th February, 2024, at Eko Hotel Hotel, Victoria Island, Lagos, within the jurisdiction of this Honourable Court, while dancing during a social event , tampered with funds in the denomination of N500(Five Hundred Naira) issued by the Central Bank of Nigeria by spraying, thereby committed…
The Economic and Financial Crimes Commission, EFCC, will on tomorrow, Thursday, April 18, arraign a former governor of Kogi State, Yahaya Adoza Bello before a Federal High Court sitting in Abuja. He will be arraigned before Justice Emeka Nwite alongside three other suspects, Ali Bello, Dauda Suleiman and Abdulsalam Hudu on 19- count charges bordering on money laundering to the tune of N80, 246,470, 088.88( Eighty Billion, Two Hundred and Forty Six Million, Four Hundred and Seventy Thousand and Eight Nine Naira, Eighty Eight Kobo). Bello’s arraignment is coming on the heels of a warrant of arrest and enrolment order…
The sixteenth season of DiamondXtra, a savings and reward account where customers of Access Bank are rewarded with several prizes, have been unveiled in Lagos. The Season 16th of the special interest yielding hybrid account which allows deposit of both cash and third-party cheques has been upgraded as customers will win prizes to the value of N200 million and three SUVs amongs other mouthwatering prizes. Speaking at the unveiling in Alaba International Market, Lagos, Mr Bolarinwa Animashaun, Regional Sales Director, Lagos, said the new season will bring more goodies to the customers as the bank has taken their interest at heart. “In…
Governor Ademola Adeleke has assented to a bill adopting a new logo for Osun state, describing the new symbol as a signal of new rebirth for Osun state. “I am elated to sign this new Logo into law as a signal of rebirth of our dear State. The new logo is significant because it rhymes and meaningfully represents our historic anthem, our values and tradition. “ The new logo is also an educational resource material for our younger generation as it contains symbols of our landmarks, strengths, resources and history. The logo is also a tool to market the state…
A Kano State High Court has restrained the National Chairman of the All Progressives Congress (APC), Dr Abdullahi Umar Ganduje, from parading himself as a member of the party. Justice Usman Malam Na’abba, on Wednesday, made the order, following an exparte motion filed by Dr Ibrahim Sa’ad on behalf of two APC executive members of Ganduje ward, Dawakin-Tofa Local Government Area. The plaintiffs are the party’s Assistant Secretary, Laminu Sani, and its Legal Adviser, Haladu Gwanjo. The duo are among the nine ward executive members who suspended Ganduje from the party at the ward level, two days ago. The respondents…
President Bola Tinubu has applauded the Dangote Oil and Gas Limited for reducing the price of Automotive Gas Oil (AGO), also known as diesel. This is cChief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, disclosed this in a statement on Wednesday in Abuja, noting that the price review represented a 60 per cent drop. He said that Tinubu stated that Nigerians and domestic businesses are the nation’s surest transport and security to that glorious destiny of economic prosperity. He said that the federal government has 20 per cent stake in Dangote Refinery. He said that the…