Burial Details for Brothers Lost in Lagos Fire Released
The Omatu brothers who died in the Great Nigeria Insurance House fire will be buried in Anambra on January 14. Get details on the ceremony and the tragic Lagos Island blaze.
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Burial Set for 3 Brothers Killed in Lagos GNI Building Fire
The Omatu family has announced burial arrangements for three brothers who died in the Great Nigeria Insurance House fire. The service of songs is on January 7, with burial in Anambra on January 14.
Three Brothers Among 8 Killed in Lagos Island Fire
Family and community mourn Stephen, Casmir, and Collins Omatu, killed in the Great Nigeria Insurance building fire. The tragedy raises urgent fire safety concerns in Lagos. Read more.
3 Brothers Die in Lagos Fire, Service of Songs Announced
A family announces a service of songs for three orphaned brothers who tragically died in the Great Nigeria Insurance House fire in Lagos. Read their heartbreaking story.
Investors Flock to Insurance as Recapitalisation Deadline Nears
Nigeria's insurance sector sees a surge in investor interest driven by NAICOM's reforms and the 2026 recapitalisation deadline. Commissioner Segun Omosehin outlines the push for stronger, credible insurers. Read the full analysis.
Obi: Tax Reforms Must Not Punish the Poor
Peter Obi cautions the Nigerian government against imposing taxes that worsen poverty. He advocates for comprehensive, people-centered economic reforms to stimulate growth.
GNI clarifies Lagos Island fire incident stance
Great Nigeria Insurance Plc clarifies its position on the Martins Street fire, revealing a legal dispute with the Shitta-Bey family. The insurer confirms its operations are unaffected. Read the full details.
Lagos GNI Fire: Death Toll Now 6, 13 Injured
The Lagos State Government confirms six fatalities and 13 injuries from the Greater Nigeria Insurance House fire. Three victims were burnt beyond recognition. Get the full update.
Tinubu's 2026 Agenda: Deeper Reforms, Tax Harmonisation
President Bola Tinubu pledges to consolidate economic reforms and push for tax harmonisation in 2026 to ensure inclusive growth and shared prosperity for all Nigerians. Read his full New Year message.
Insurer pays N35.3bn claims by Q3 2025
Mutual Benefits Assurance Plc paid N35.3 billion in claims by September 2025, a record high. The payout shows strong commitment to policyholders amid economic challenges. Read the full breakdown.
Lagos Fire Victim's Last Calls for Help Break Hearts
The heartbreaking final calls of businessman Nze Obum, trapped in the Lagos Great Nigeria building fire, reveal a desperate struggle for survival. Read the full story and public outrage.
Final Calls from Trader in Lagos Market Fire Tragedy
Heartbreaking details emerge as China-based trader Nze Obum made desperate calls from under rubble after the Great Nigeria House fire at Balogun Market. Read the full story.
NGX Rally Adds N411bn as 2025 Trading Closes
The Nigerian stock market closed 2025 on a high note, with investor wealth surging by N411 billion. The NGX All-Share Index rose 0.42% as trading volume hit 4.7 billion shares. Discover the top gainers and losers.
Stock Market Cap Hits N98.8trn on High Volume Trading
The Nigerian equities market surged by N411 billion on Tuesday, with trading volume jumping 219% to 4.68 billion shares. Market capitalisation closed at N98.843 trillion. Discover the top gainers and losers.
NAICOM: No Extension for Insurance Recapitalisation
NAICOM insists the July 30, 2026, recapitalisation deadline is fixed by law. NDIC says remitting 50% of earnings to govt hampers its Deposit Insurance Fund growth. Read the full details.
NDIC Reaffirms Fiscal Compliance, Seeks Stronger Capacity
NDIC reaffirms strict adherence to fiscal regulations while seeking exemption from a 50% cost-to-income policy to build a robust fund for protecting depositors. Learn about the strategic talks with MOFI.
Lagos Island High-Rise Buildings Pose Fire Risk - BCPG
The Building Collapse Prevention Guild raises alarm over systemic fire safety failures in Lagos Island skyscrapers after the Great Nigeria Insurance inferno. Urgent government action demanded.
Lagos Island Fire: Death Toll Rises to Five
The devastating fire at the Great Nigeria Insurance building on Lagos Island has claimed five lives, injured 12, and destroyed millions in goods. Traders call for urgent government action as the blaze continues to burn.
Stakeholders Seek Stronger Actuarial Foundation for Insurance Growth
Nigerian insurance leaders call for enhanced actuarial capacity to improve risk management and increase insurance penetration. A recent Lagos workshop highlights the critical need for investment in local expertise.
AIICO Insurance Repositions Brand for Market Growth
AIICO Insurance Plc has launched a refreshed brand identity to drive innovation and expand its market reach in Nigeria. The move aims to rebuild public confidence and cater to a younger, tech-savvy customer base. Read more.
Stakeholders Urge Overhaul of Health Insurance to Save Lives
Health stakeholders call for urgent reform of Nigeria's dysfunctional health insurance scheme after a free medical outreach in Port Harcourt highlights the deadly cash-and-carry system.
WARDC Roundtable Tackles Nigeria's Maternal Health Crisis
A high-level policy roundtable by WARDC and Amplify Change calls for political will and funding to stop preventable maternal deaths in Nigeria. Experts and lawmakers outline solutions.
Lagos Market Fire: Lady Cries Out Over Warehouse Safety
A Nigerian businesswoman shares her distress as her warehouse sits dangerously close to the raging fire at the 22-storey Great Nigeria Insurance House in Lagos Island. See the dramatic video and details.
Universal Insurance Gets BBB- Rating from Agusto & Co
Agusto & Co assigns a BBB- rating with a stable outlook to Universal Insurance Plc, citing strong 2024 results, robust solvency, and improved profitability. Discover the key figures behind the rating.
Fire Outbreak at Great Nigeria Insurance House in Lagos
A major fire has gutted the 22-storey Great Nigeria Insurance House on Lagos Island. Emergency services are battling the blaze as the number of casualties remains unknown. Get the latest updates.
Petrol Station Workers Demand Health Insurance from IPMAN
Labour advocates urge IPMAN to provide health insurance for petrol station workers nationwide, citing daily exposure to toxic fumes and fire hazards. This follows NNPCL's new scheme for its retail workers.
Tax Reforms Delay Will Keep 98% of Workers Overtaxed - Oyedele
Taiwo Oyedele warns that failure to implement new tax laws by January 1, 2026, will leave 98% of Nigerian workers overtaxed. He urges targeted amendments, not suspension.
NAICOM Expands Takaful Insurance for Market Inclusion
NAICOM pushes for Takaful insurance growth to include underserved Nigerians. New 2025 law provides legal backing. Read how this ethical model will reshape the industry.
NCRIB Calls for Stronger Synergy Among Insurers
NCRIB President Ekeoma Ezeibe calls for a unified insurance industry to unlock Nigeria's economic potential. Learn how collaboration can drive growth and innovation.
Cheating Wife, Lover Jailed for Plot to Kill Husband
Michelle Mills and Geraint Berry sentenced to 19 years for a devious plot to murder her husband and claim his life insurance. The victim bravely fought off masked attackers.
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