Business

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Insurance World

NAICOM Hands Over New Licenses to SanlamAllianz Life and General Insurance

The National Insurance Commission (NAICOM) today handed over new licenses to SanlamAllianz Life and General Insurance Nigeria Ltd. in a brief ceremony held...

Money

IMF Commends CBN’s Strong Monetary Policy Amid Signs Of Recovery

The International Monetary Fund,(IMF), on Wednesday applauded the Central Bank of Nigeria, CBN, for maintaining a tight monetary policy. The fund also hailed...

Insurance World

NIA Assures Policyholders Of Seamless Claims Payment Process

BY NKECHI NAECHE-ESEZOBOR—The Nigerian Insurers Association (NIA), said it’s working on simplifying claims payment process in the insurance industry. Mr. Kunle Ahmed, Chairman...

Fraud

ICPC Arrests Lagos Council Boss Over Alleged Fund Diversion

The Chairman of Lagos Island East Local Council Development Area, Muibi Folawiyo,   has been arrested by the officials of Independent Corrupt Practices...

Fraud

Nigerian Musician to Spend Over 3 Years Jail Term In US Prison For $140,000 Tax Fraud

U.S. District Judge James L. Robart, has sentenced a Nigerian musician, Onomen Uduebor, aged 39 to three years and four months in the...

Insurance World

Rex Insurance Partners With CIIN To Bring Insurance Education To Markets, Malls Across Lagos

Rex Insurance was well represented at the 2025 CIIN Community Outreach and Roadshow organized by the Chartered Insurance Institute of Nigeria (CIIN), as...

Crime

Former Student To Die By Hanging For Killing His Teacher In Plateau

A High Court sitting in Plateau State presided over by Justice Silas Bakfu has sentenced Emmanuel Ude, a former student of Government Technical...

Fraud

Alleged Fraud: AMCON Ex-Director Denies Signing Arik Air Loan Deal, Alleges Document Irregularities

The third prosecution witness, PW3, Abbas Jega, a former Executive Director of the Asset Management Corporation of Nigeria (AMCON), in the ongoing trial...