General News
Usefulness of Motorcycle Insurance
Motor cycle transportation has become part of the public transportation in Nigeria. Unfortunately, these very vital tools to mass movement are often times not insured. Motorcycle insurance falls under the motor insurance category. It is the protection against financial loss should a motorcycle accident occur. Almost all insurance companies in Nigeria underwrite motorcycle insurance. Motorcycle insurance works the same as any other type of insurance where you pay a premium and the insurance company agrees to payout on certain criteria should the insured events happen. Depending on the insurance provider, policies may change as well as insurance rates.
Full coverage motorcycle insurance is much like full coverage car insurance where drivers are covered for almost every situation. Full coverage motorcycle insurance provides for the following protection; Repairs to your motorcycle to restore it back to its original condition, replacement of your motorbike should it be declared non-repairable.
If you are at fault, the insurer will repair or replace property of the third party, as well as savage fees and transportation expenses while your motorcycle is being repaired
As we have in motor car insurance, third party motorcycle insurance is similar to third party car insurance, Motorcycle owners are only covered for the damage they cause to a third party. The cost to replace or repair the motorbike would not be covered.
Every insurance company has slightly different policies, but it is basically the same rules. It is important that you check and understand your policy to ensure that it covers all your needs.
There are guides to saving some premium in motor cycle insurance and it is expedient that prospective buyer of insurance should understand them in order to be well placed.
For instance, it is important to know that motorcycle insurance varies, depending on the size of the engine and a few other factors. The most common types of motorcycle insurance purchased in Nigeria are mainly the Japanese brands such as Bajaj, Honda, Boxer. Others are Yamaha motorcycle and Suzuki motorcycle.
Most insurance companies provide motorcycle insurance however it is not as common as other policies such as travel insurance, life insurance, car insurance, or property and contents insurance. Because of the importance of this means of transportation in the country, it is worth noting that prospective buyers should understand a few tips that can assist them in getting the best cover.
The following tips can help you to save on your motorbike insurance:
Shop around for motorcycle insurance quotes. Contact at least three insurance companies and evaluate their policies carefully. Consider grouping your motorcycle insurance with other insurance policies, this is because most insurance providers give package discounts.
Also, it is wise to consider paying your motorcycle insurance annually. This reduces administration and invoicing costs for the insurer and the savings are usually passed on to the policyholder.
To reduce your motorcycle insurance, it is important that riders maintain a good driving history. This is inclusive of past driving record. Most Okada riders in Nigeria are known for rough driving. Such notion of them can influence the premium that may be chargeable to them. Consider completing a defensive driving course. This is another great way to get cheaper motorcycle insurance rates.
Store you motorbike in a safe place, preferably in an enclosed place within the home. If you don’t have enough space as its typical in the areas mostly populated by these group. Ensure that is packed in a place where you can keep a close watch over it.. This will reduce the risk of theft. Make sure you bring this to the attention of your insurance provider when prospecting for a cover.
Consider purchasing comprehensive motorcycle insurance as opposed to third party motorbike coverage. In a low speed accident, a motorcycle incurs more serious damage than a car would incur at the same speed. If you are at fault, the damage you cause to the other vehicle is covered; however, you will not be reimbursed for the replacement of your motorbike. Therefore, it is important to evaluate the pros and cons of cheaper motorcycle premiums carefully.
General News
MultiChoice Secures 12 Warner Bros. Discovery Channels in New Multi-Year Deal

MultiChoice, a CANAL+ company, has retained the distribution rights to 12 Warner Bros. Discovery thematic channels following the signing of a new multi-year, multi-territory agreement between CANAL+ Group and Warner Bros. Discovery, marking a significant expansion of their long-standing partnership.

MultiChoice
The new deal, which spans several regions across Africa and Europe, covers the distribution of HBO Max as well as the renewal of selected Warner Bros. Discovery thematic channels. It represents a major milestone in the companies’ international collaboration and strengthens content offerings across MultiChoice Group territories.
MultiChoice disclosed that this agreement builds on earlier partnerships concluded in Europe. “It builds on the landmark agreements concluded in France in 2024,including the renewal of the exclusive pay-TV window for Warner Bros. Pictures films just six months after their theatrical release in France and the integration of HBO Max within select CANAL+ group offers – as well as in Poland in 2025, with the renewal of the distribution agreement for 22 thematic channels (including TVN 24 and Eurosport) and 4 free-to-air channels (including TVN).”
Under the renewed arrangement, MultiChoice Group will continue to distribute 12 Warner Bros. Discovery thematic channels across its territories, with some channels offered on an exclusive basis. CNN International and Cartoon Network will remain exclusive to South Africa while being distributed non-exclusively in other markets. Cartoon Network Porto will be exclusive in Angola and Mozambique and non-exclusive elsewhere. Other channels such as Discovery Channel, TLC, HGTV, Food Network, TNT Africa, Travel, ID and Cartoonito will be offered on a non-exclusive basis.
According to the partners, the deal reinforces CANAL+ Group’s channel portfolio on the continent. “This agreement enables CANAL+ Group to strengthen its entertainment, kids, news, and documentary channel offerings in African markets.”
The agreement is also expected to improve access for CANAL+ Group subscribers to Warner Bros. Discovery’s premium content through HBO Max and selected channels, including globally recognised series and films, further extending the studio’s international reach while consolidating MultiChoice’s content offering in key markets.
General News
Nigeria Police suspends tinted glass permit enforcement over court injunction

Nigeria Police Force has suspended nationwide enforcement of its tinted glass permit policy, hours before its scheduled rollout, in compliance with a Delta State High Court order.

Tinted glass permit
The policy, set for January 2, 2026, aimed to curb vehicle-related crimes but faced legal challenge from a private citizen against the Inspector-General of Police, the force, and Delta Police Commissioner.
An ex parte injunction issued in December 2025 restrained enforcement pending suit determination, prompting the hold announced by spokesperson Benjamin Hundeyin on January 1.
Police entered appearance, filed preliminary objections, and sought injunction vacation; hearing adjourned to January 20, 2026.
The Nigerian Bar Association condemned initial police plans as “executive recklessness,” accusing disregard for rule of law, while police insisted no permanent bar existed on statutory duties.
IGP Kayode Egbetokun reiterated adherence to law while prioritising public safety via intelligence-led strategies during proceedings.
General News
NDIC Reinforces Full Oversight Compliance to Safeguard Depositors

Mr. Thompson Sunday, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA) 2007, noting that the NDIC has consistently remitted the required percentage of its earnings to the Federal Government.

Mr. Sunday made this known during a courtesy visit to the Managing Director/Chief Executive of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, as part of NDIC’s ongoing engagement with key stakeholders following his formal assumption of office in July 2025.
According to him, NDIC takes financial accountability and transparency seriously, stressing that the Corporation complies fully with statutory remittance obligations, including the payment of 20 per cent of gross earnings or 80 per cent of net surplus to the Federal Government, as applicable. He added that NDIC also submits its financial statements ahead of statutory deadlines.
The NDIC MD/CE explained that this culture of compliance aligns with the Corporation’s role as a key institution within Nigeria’s financial safety-net, charged with protecting depositors and promoting confidence in the banking system. He emphasized that adherence to fiscal discipline remains central to NDIC’s credibility and effectiveness.
Mr. Sunday further disclosed that NDIC also complies with the Federal Government’s 50 per cent cost-to-income ratio policy, although he noted that the policy poses operational constraints. He explained that the deductions affect NDIC’s ability to build a strong Deposit Insurance Fund, which is needed to respond effectively to bank failures.
He stressed that international best practices under the Core Principles for Effective Deposit Insurance issued by the International Association of Deposit Insurers (IADI) require deposit insurers to maintain adequate funds to reimburse depositors when banks fail without recourse to government, adding that the NDIC is seeking an exemption to strengthen its capacity in this regard.
Mr. Sunday described MOFI as a critical stakeholder, noting that the Federal Government, through MOFI, holds a 40 per cent equity stake in NDIC. He said sustained collaboration with MOFI is essential to ensuring that NDIC continues to meet its obligations to government while effectively safeguarding depositors’ funds.
In his remarks, Dr. Takang commended the NDIC for its exemplary collaborative spirit and acknowledged the Corporation’s compliance with fiscal regulations. He assured that MOFI would continue to engage the Federal Ministry of Finance on NDIC’s behalf, noting that a strong NDIC is vital to sustaining confidence in Nigeria’s financial system.
Both institutions reaffirmed their commitment to continued cooperation, transparency and accountability, with Mr. Sunday reiterating that NDIC remains focused on balancing regulatory compliance with its overriding mandate of depositor protection and financial system stability.
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