Brands & People

The African Alliance paid out 25.7 billion naira claims over three years.

Life insurance company, African Alliance, said it paid N25.7bn claims to its policyholders in three years. The company which recently won the ‘Claims Excellence Insurance Company of the Year 2022’ award by Banks and Financial Institutions, said it consistently increased claims payment by 17 per cent year on year since 2020. A statement by the company said t in 2020, over N7.1bn was paid out in…
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Brands & People

About the quiet working life of Adenuga.

Many call Mike Adenuga the silent billionaire. He had shown over the years that it was better to feel his presence than to see him. Despite his great wealth and connections, he rarely appears in public. One of Africa’s richest men, Adenuga heads several companies…
Brands & PeopleFintech

FLUTTERWAVE WILL EMPOWER SMALL BUSINESSES IN AFRICA THROUGH BBTITANS.

Flutterwave, Africa’s leading payment technology company, has announced that it will team up with Multichoice Africa to bring back Africa’s biggest reality franchise with a special edition titled Big Brother Titans. This was announced at press conferences by the organizers of the exhibition in Lagos (Nigeria) and Johannesburg (South Africa). Big Brother Titans is a combination of two of…
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Brands & PeopleEconomyMarkets

Kwara, Benue pays the most for cooking gas in December 2022

According to a recent report from the National Bureau of Statistics, residents of the states of Kwara and Benue paid the highest prices for cooking gas (LPG) in December 2022. The report adds that residents of Kwara state pay an average of N4,950 for a 5kg bottle, while residents of Benue pay an average of N11,000 for a refill of a 12.5kg bottle. The report also shows that the monthly average…
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BankingBrands & People

Working with experts is the secret of my success, says FCMB founder Otunba Subomi Balogun.

Otunba Subomi Balogun, the founder of the First City Monument Bank (FCMB) Group, claims that by prioritizing God and surrounding himself with thoroughbred experts, he was able to successfully navigate the Central Bank of Nigeria’s (CBN) N25 billion recapitalization policy. He continued by saying that the two elements had greatly influenced his achievements. He said that there had been…
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