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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Education

FG has approved funding for school lunch programs.

The federal government has announced funding for the second semester of the National School Pet Feeding Program. However, the amount of the payment was not disclosed, but the federal government has said the funds for the first feeding cycle in 2023 will go to…
Technology

A company says workspaces will help with productivity.

Co-working space provider, Regus Nigeria, has said the availability of workspaces would aid productivity. Speaking at the unveiling of its eighth co-working space office in Lagos, Executive Vice Chairman, Regus Nigeria, Mr Ayo Akinmade, explained that access to funding had…
Business Explorer

LIRS President gets recognition.

The Chief Executive Officer of the Lagos State Inland Revenue Service, Mr. Ayodele Subair awarded has been the Public Sector Code for the year 2022. This happened at the 11th edition of the Vanguard Personality of the Year Award held on January 27, 2023, in Lagos. According to the event organiser, Vanguard Newspaper Limited, the LIRS chairman, Subair, has been given a special award in recognition…
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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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Business Explorer

Wale Adenuga was honored at the Humour Awards.

Mr. Wale Adenuga Productions (WAP) Chairman and Chief Executive Officer. Wale Adenuga was inducted into the Comedy Hall of Fame on January 15, 2023 at the 2nd Annual Eko Hotels Humour Awards. He was also recognized for his great contribution to the development of the…
Business ExplorerVetted Brands

AfricInvest invests in retail business in Nigeria

Pan-African asset management firm AfricInvest has acquired a minority stake in Nigerian retailer Justrite. This is stated in a statement dated January 25, 2022, which is available to our correspondent. AfricInvest’s partnership with Justrite will help build affordable local grocery stores, support local agricultural value chains and create new jobs while increasing the availability of safe…
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