General News
Consultant Tasks Public on Commercial Property Insurance
An aviation insurance consultant Mr. Fidelis Ako has called on the insuring public to buy commercial property insurance on their property so as to reap the many benefits of such, as well as securing themselves against the danger of uninsured property. The consultant who is also the managing director of Akofad Air Services stated that no matter the type of property that one has; restaurant, garage or hotel, it is crucial that insurance needs must be met before members of the public are invited to transact business in the facilities.
He explained that there are numerous reasons why the insuring public must buy commercial property insurance. One of the reasons, he said, is that properties are subjected to the same hazards that human beings are exposed to. “Properties are exposed to dangerous incidence such as robbery, breakdown of machinery and other man made or natural disasters and there is no limit to what may occur, so it is important to ensure that commercial property insurance is in place to protect you when the need arises”. If a member of the public is hurt while on the premises, you will need sufficient insurance cover to enable them to make a claim. Additionally, staff must be covered for accidents while at work. Accidental fire damage and/or floods are also aspects that need to be considered, especially as many people do not realize the full scale of what commercial property insurance can cover. Furthermore, if a building is lost due to damage, insurance will cover the value of the building and contents; this is a lifesaver in some situations for the business owner.
While thinking of buying property insurance, he explained that there are obviously, different types of business establishment which will in their different settings incur varying prices for commercial property insurance. For instance, high risk buildings, such as fast food restaurants and fish and chip shops will tend to cost more to insure, as there is greater risk of fire and accidents. Offices are seen as lower risk therefore they would cost less to cover. Aspects that insurance companies will need to take into account also are whether the property to be insured is at increased risk of subsidence and/or flooding; if so, this will raise the cost of the insurance.
There is no fixed premium among insurance companies in determining policy framework of commercial property insurance. However many companies offer a wide range of packages and prices, so looking around for the best deal may sometimes be confusing. Additionally, some companies word their policies and documents differently, which can add to the often perplexing task of buying insurance. In this case, it may be worth looking into employing the services of an insurance broker, who will be able to understand both your need and the various options presented by the insurance company itself. An insurance broker will also be able to negotiate for the best deal that is tailored to your individual needs, which is often very helpful and saves time.
Whatever your reasons for needing commercial property insurance may be, it will always be an essential aspect of running a business, and one that cannot be delayed or put aside. Not taking the right insurance could be very devastating especially when the uninsured problem occurs. People have been caught unaware without sufficient insurance, and this is usually a devastating situation to them. To those who consider insurance as a luxury and who are often discouraged by the high cost of procuring one, there is need for them to have a rethink. One important point to note is that it is always important to give the most accurate information possible to either the insurance company or a broker, as incorrect facts may render the insurance invalid. This singular fact has been responsible for the bad image of insurance in Nigeria. This is especially so because incorrect information at the time of cover may lead to a denial in claims payment when the need arises.
General News
Catholic Bishops Urge FG to Give Tax Laws Human Face

Catholic Bishops of the Ibadan Ecclesiastical Province has called on the Federal Government to implement the ongoing tax reforms with equity, openness and empathy, cautioning that policies devoid of human consideration could further compound the suffering of millions of Nigerians.

The appeal was contained in a communiqué released after the bishops’ first provincial meeting for 2026, which took place at the Jubilee Conference Centre in Ibadan, Oyo State.
The document was jointly signed by Most Rev. Gabriel Abegunrin, chairman of the Ibadan Ecclesiastical Province, and Most Rev. John Oyejola, secretary.
Recall that the tax reforms were introduced by the administration of President Bola Tinubu and assented to on June 26, 2025.
They officially came into effect on January 1, 2026, and have continued to attract diverse reactions across the country.
In the communiqué, titled “Sustaining Hope and Strengthening Our Good Efforts,” the bishops acknowledged the government’s desire to overhaul Nigeria’s tax system but expressed concern that its implementation had sparked widespread unease and debate, especially among the poor and vulnerable.
“The reforms should be anchored on fairness, transparency and accountability, urging the government to apply them with compassion.
“The bishops also advised that vulnerable citizens should be given sufficient time to adapt to the new tax regime before strict enforcement measures are introduced.”
The clerics warned that economic policies pursued without sensitivity could widen inequality and heighten social unrest, noting that taxation should not become an added burden for Nigerians already grappling with inflation, unemployment, and rising costs of living.
The bishops encouraged Nigerians to remain hopeful while backing prayers with responsible citizenship, diligence and respect for justice and the rule of law.
“As shepherds of God’s people, we urge Nigerians to reject cynicism and despair. Prayer must be accompanied by good works. This is the only country we have,” the communiqué concluded.
General News
Taraba Adopts Electronic Case Management System
Taraba State in Nigeria has developed an electronic platform for filing criminal cases in the state’s High Courts, marking the implementation of the new National Case Management System.
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The launch, announced on Monday, marks a move from manual to electronic filing of criminal cases and is part of attempts to reform court processes and expand access to justice using technology.
Governor Agbu Kefas stated that the action underlines the government’s dedication to institutional strengthening, the rule of law, and effective governance.
Kefas pledged continued government support for the judiciary, noting that technology is essential for delivering swift, fair and transparent justice.
He also stated that the state would give the resources and infrastructure required to maintain the ongoing judicial reforms.
Justice Joel Agya, Chief Judge of Taraba State, stated that the e-filing facility will enable the electronic filing of originating processes and subsequent applications.
He explained that the system would enhance case tracking from filing to final determination while reducing delays caused by manual registry procedures.
Justice Agya went on to say that the platform would improve the security and accessibility of court records, as well as help judges manage dockets and time better.
He emphasised that the platform is intended to supplement rather than replace judicial decision-making, ensuring that administrative procedures do not impede the delivery of speedy justice.
The development is consistent with a broader national push to digitalise judicial processes across Nigerian courts, which has already been implemented in several regions.
General News
Cybersecurity Firm Detects a Wave of Crypto Phishing Following BlockFi Bankruptcy

Kaspersky has detected a wave of phishing attacks preying on former customers of the bankrupt crypto lending platform BlockFi.

These scams leverage the ongoing distribution of customer assets following BlockFi’s 2022 bankruptcy, tricking victims into surrendering cryptocurrency wallet seed phrases, potentially leading to financial losses.
BlockFi, once a prominent provider of high-yield interest accounts and crypto-backed loans, announced bankruptcy in November 2022. The company began disbursing repayments to affected clients in 2024 as part of its restructuring plan.
Kaspersky has detected fraudulent emails mimicking BlockFi’s official branding, which falsely invite recipients to “claim the payment” they are “entitled to.” After clicking on the link, users land on a phishing page and are prompted to “connect their wallet”.
The attackers suggest that users import their existing wallet by typing in the secret phrase – this grants attackers direct access to the funds in the victim’s wallet.
“Phishing attacks like this are widespread, capitalising on real-world events to build trust and urgency. Victims who fall for these scams risk exposing their crypto wallets to theft. It’s critical for individuals to verify any communications directly through official channels and to check the address from where the email originates for legitimacy,” comments Roman Dedenok, anti-spam expert at Kaspersky.
The phishing emails feature convincing logos, colour schemes, and language, making them difficult to spot at first glance. Kaspersky recommends the following steps to avoid falling victim to this or similar scams:
- Do not click on links or respond to unsolicited emails.
- Protect Sensitive Information: Never share banking credentials, wallet seed phrases, or other private keys in response to an email or online form.
- Use Security Tools: Enable two-factor authentication (2FA) on all financial accounts, employ reputable security software like Kaspersky Premium, and consider using a password manager to safeguard credentials.
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