Unveiling the Veil: Common Reasons Why Insurers Deny Life Insurance Claims

Life insurance is a crucial financial tool designed to provide peace of mind and financial protection for loved ones in the event of the policyholder’s death. However, there are instances when the promised safety net seems to unravel, leaving beneficiaries grappling with denied claims. Understanding the common reasons behind life insurance claim denials can empower … Read more

We’ve paid $125m in taxes to Nigeria, Chinese company tells Tinubu

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Chairman of the China Railway Construction Corporation (CRCC), Mr. Dai Hegen, says the company has paid a whopping sum of $125 million in taxes to the Nigerian government. Hegen, who disclosed this during a visit to President Bola Tinubu at the State House, Abuja, on Friday, said the corporation has signed investment cooperation agreements with … Read more

NNPCL, fire service differ as inferno razes fuel depot in Lagos

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In Apapa, Lagos State, a significant fire broke out at a tank farm, which the Lagos State Fire Service initially attributed to the facility of Nigerian National Petroleum Company Limited (NNPCL). A video capturing the blaze circulated on social media early Friday morning. However, NNPCL quickly refuted this claim, asserting that the fire originated from … Read more

Navigating the Winter Wonderland: Essential Safety Tips for Winter Driving

As winter blankets the landscape in a serene white, it also brings forth challenges for drivers navigating snow-covered roads and icy conditions. Winter driving demands heightened caution and preparedness to ensure a safe journey. In this blog post, we’ll explore essential safety tips that will help you navigate the winter wonderland on the roads with … Read more

FCCPC reveals ‘shocking’ stance on DStv, GOtv subscriptions’ price hike

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On Thursday, the Federal Competition and Consumer Protection Commission (FCCPC) did not contest the recent hike in prices for DStv and GOtv subscriptions by MultiChoice Nigeria Limited. FCCPC’s stance was revealed through its lawyer, Nikiomari Abeke, during a session of the Competition and Consumer Protection Tribunal (CCPT) in Abuja. According to the News Agency of … Read more

Power sector : Tinubu approves payment of N3.3trn debts

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In a strategic move to address the persistent power outages plaguing Nigeria, President Bola Tinubu has approved a phased repayment plan for the power sector’s outstanding debts, totaling over N3.3 trillion. The initiative will see the federal government disburse approximately N1.3 trillion to power generating companies (Gencos) through a combination of cash payments and promissory … Read more

Finance Minister speaks on reported FG’s plan to use pension funds as NLC, TUC cry out

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Minister of Finance, Wale Edun, has addressed concerns regarding the government’s purported plan to utilize the N20 trillion Pension Fund for infrastructure and housing financing. Edun emphasized that such claims are unfounded, stating that the  federal government has no intention whatsoever to go beyond those limitations and go outside those bounds which are there to … Read more

Dangote Refinery moves to buy 2m barrels of crude oil from US

Dangote Refinery

Nigeria’s Dangote Refinery in Lagos is looking to procure millions barrels of United States’ crude oil over the next year to boost its processing rates, Bloomberg reported on Thursday. According to the report, the refinery, spearheaded by Africa’s wealthiest individual, Aliko Dangote, has put out a term tender seeking to purchase two million barrels monthly … Read more

Nigeria to realize over $3bn investment from CNG vehicles’ conversion initiative – Zayyanu

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The Programme Coordinator, Regulatory, Compliance and Facilitator, Presidential Compressed Natural Gas Initiative, Mr Zayyanu  Yabo says Nigeria will realize over three billion dollars investment in the CNG value chain. He made this known in Abuja during a stakeholder engagement on the CNG conversion initiative. According to him, abNigeria eyes over N3bn investment from CNG vehicles’ … Read more

Unlocking the Secrets of Home Insurance Quotes: What You Need to Know

Unlocking the Secrets of Home Insurance Quotes: What You Need to Know Home ownership is a significant milestone and a substantial investment that requires proper protection. One of the essential safeguards for your property is home insurance, which provides financial coverage against a wide range of risks, from natural disasters to theft and liability claims. … Read more