General News
The Frills and Thrills of Air Travel Insurance
Over the years, the Nigerian aviation sector has witnessed an undulating progress, occasioned by many moribund airlines. At the last count, the number of airlines that have folded up is over fifteen. Yet many are still going into the field, without adequate preparations. The importance of air travel is so important in meeting the business needs of a nation that the Central Bank of Nigeria (CBN) recently proposed to extend its bail out facilities to the sector. Unlike vehicle transportation where owners can afford to neglect insurance, aviation insurance is compulsory, especially certain provisions of them which must be met within a regulated time. Insurance is basically to avoid any kind of unexpected damage or loss of those things that are fiscally associated. In case of aircraft insurance it covers the aircraft and its contents. The owner’s responsibility and accident insurance of the passengers is also covered most of the times. At times the state requires the owners and operators to have insurance covering the aircraft and the operations. At least third party liability coverage should be there so that if a loss of injury is caused to a third person due to the operation of the aircraft, responsibility is taken. If the aircraft is hypothecated as collateral, the finance institution will require hull coverage and replacement value insurance as most of the finance institution have it as a policy. This is a must since the accidents actually incur heavy loss on the people involved and at times it takes years for them to recover. According to an aviation insurance expert Barrister Gbenga Tabi, some of the air crashes that Nigeria has experience could be traced to poor maintenance and lack of proper insurance on ground. This, he said explains why even after one decade, victims of past crashes in the country are yet to be compensated by the insurance. He called for a consortium of insurance companies to write out every requirements of our aviation insurance, noting that the area is so expensive to be left in the hands of one insurer alone. Probably that is the reason it was initially started by the marine insurance underwriting community since initially ships were as large as an investment as an aircraft now though ships have not yet lost their glory and value. It started applying to the aircraft industry, the most expensive aviation industry in modern times, from the year 1929 when the Warsaw convention was signed.
Easy methods to obtain the Policy, an insurance agent or broker will save you form all the trouble of applying for insurance. Then the insurance company would go through your financial history to assess the risk that would be involved in insuring you. After all the investigation and acceptance of all the risk factors, the premium would be determined and which would be based on the amount of risk involved. The more the risk factor, the more expensive your coverage would be. So if you do not want to pay a certain amount you can talk to them wherein they might accept the negotiation or simply reject it. The deciding factors, which work behind the underwriting decisions are Aircraft type, Qualifications of the pilots involved, Nature of the operation that the aircraft is involved in, whether its business or pleasure and Base of operations.
One issue that makes aviation insurance costly is that most of the operations and running cost are prized in foreign currencies. The risk policies that are issued may be something like the hull risk policy, the hull all-risk policy which insures the aircraft against all kinds of physical loss and damage except the exclusions. There is a standard limit of deductible that applies to the aircraft insurance policies and that applies in case of partial loss and the amount is somewhere like $50,000 to $1,00,000. Deductibles can be insured by deductible insurance. Exclusions to the policy would be the loss of use, delay or consequential loss like grounding. In recent times, especially after the series of air crashes we have had, The Nigerian Civil Aviation Authority has had to ground many aircrafts for failure to adhere to set standard. For instance, the wear and tear and deterioration of the aircraft would certainly not be included. Also excluded is the ingestion damage like stones and dust getting in the engine resulting into deterioration. Mechanical Breakdown is also not covered. This is all about the aircraft insurance, that is the mechanical vessel, but there is more to it like stated above that the contents of the vessel also are the liability of the owner and the operators and they also have to be insured. Contents here include passengers; baggage, cargo and mail; and third party liability would any third party who faces loss due to the operation of the aircraft. Liability (third party) insurance excludes damages to the owner own property in case of third party damage; war or risks would also not be included and so will noise and pollution also would not be included. Whenever you go for Aviation Insurance, check the clauses and read it carefully. There might be few terms and conditions that are important but you overlook it.
General News
Army Acquires New Drones to Boost Surveillance, Precision Strikes — COAS

Nigerian Army has acquired additional drones and other advanced force multipliers to strengthen surveillance operations, improve target acquisition, and enhance precision strike and casualty evacuation capabilities.

Lt.-Gen. Waidi Shaibu, chief of Army Staff (COAS), said that the new drones will boost surveillance, precision strikes.
Shaibu, who disclosed this in a statement shared via the Nigerian Army’s official X handle, noted that the conference provided a platform for critical assessment of ongoing operations and the development of forward-looking strategies to address Nigeria’s evolving security challenges.
He said deliberations at the Nigerian Army Conference Centre, Asokoro, focused on sharpening operational responses, strengthening training frameworks and adapting to the demands of modern security warfare.
According to him, the resolutions reached are aimed at building a more agile, combat-ready, technologically driven and mission-oriented force capable of responding effectively to emerging threats.
A key highlight of the reforms is the Army’s increasing investment in modern warfare technology, including the acquisition of additional tactical drones and the reconfiguration of Army aviation assets for combat roles.
Shaibu explained that these developments have significantly enhanced intelligence gathering, precision targeting, operational mobility and casualty evacuation across various theatres of operation.
He also highlighted ongoing improvements in recruitment, advanced training, professional military education and leadership development, stressing that discipline, competence and meritocracy remain central to building a stronger institution.
Reaffirming his “soldier-first” philosophy, the COAS said troop welfare remains a top priority, stressing that “troop welfare remains non-negotiable; well-motivated soldiers operating in conducive environments are critical to mission success.”
He urged senior officers to ensure that resolutions from the conference are fully implemented in field operations, stressing that the true value of the gathering lies in measurable impact on the battlefield.
Describing the ongoing reforms, Shaibu said: “We are not just reforming the Army; we are building a lethal, technology-driven fighting force where only discipline, merit, and mission success matter.”
The Army Chief expressed appreciation to President Bola Ahmed Tinubu for his support, as well as the Minister of Defence, Minister of State for Defence, Chief of Defence Staff, service chiefs and intelligence agencies for their continued collaboration.
The conference ended with the presentation of commendation plaques to senior officers recognized for outstanding contributions to operational effectiveness.
General News
UK Special Envoy for Freedom of Religion or Belief Concludes Visit to Nigeria

The UK Special Envoy for Freedom of Religion or Belief (FoRB), David Smith MP, concluded a three-day visit to Abuja this week, marking Nigeria as the first focus country he has visited under the UK’s FoRB strategy.

During the visit, David Smith MP held a wide range of meetings with senior Nigerian government officials, religious leaders, civil society organisations, and local communities – reflecting the UK’s commitment to sustained, practical engagement and partnership on freedom of religion or belief in Nigeria.
Meetings included discussions with the National Security Adviser, Mallam Nuhu Ribadu, the Honourable Minister of Information and National Orientation, Mohammed Idris, and the Governor of Plateau State, Caleb Mutfwang.
The Special Envoy also met with the co-chairs of the Nigeria Inter-Religious Council, Archbishop Daniel Okoh, President of the Christian Association of Nigeria, and HRH the Sultan of Sokoto, Muhammadu Sa’ad Abubakar III, President-General of the National Supreme Council for Islamic Affairs.
At the end of the visit, the UK Special Envoy for Freedom of Religion or Belief, David Smith MP, said: “Over the past few days, I have been honoured to meet a wide range of people — from senior government figures and civil society to faith leaders and local communities. I came to listen, learn, and see both how freedom of religion or belief is experienced in everyday life, and how it connects to – and is a core part of addressing – Nigeria’s wider challenges around security and cohesion.
“Some of the most powerful moments of this visit were at community level. Visiting Father Emmanuel Unamba’s parish and meeting Christian and Muslim neighbours living side by side was a real reminder that peaceful coexistence is something people build every day through leadership, dialogue, and shared responsibility.
“What I take away from this visit is the importance of further progress being Nigerian led, rooted in strong institutions and inclusive dialogue, with FoRB at its heart. The UK will continue to support practical efforts in ensuring greater peace, security and prosperity for all.”
The visit also included a roundtable with partners of the UK’s Strengthening Peace and Resilience in Nigeria (SPRiNG) programme, a £38 million UK government-funded conflict and resilience programme operating primarily in Kaduna, Katsina, Benue and Plateau states.
During the visit, Special Envoy David Smith MP held meetings with the Institute for Peace and Conflict Resolution, the Nigerian National Human Rights Commission, and civil society organisations working at the intersection of insecurity and religious freedom. He also visited the National Mosque and the National Ecumenical Centre in Abuja.
Speaking to the various stakeholders, Mr Smith called for greater tolerance across religion or belief in Nigeria and hoped that the cohesion he saw on a community level in the capital, could be achieved nation-wide with the same resolve. He hoped to continue these dialogues with interlocutors in the UK.
The visit builds on the momentum of President Tinubu’s State Visit to the United Kingdom in March 2026, which reinforced the UK-Nigeria Strategic Partnership and included interfaith events attended by President Tinubu and His Majesty The King, underlining both countries’ shared commitment to fostering constructive interfaith dialogue.
General News
How PalmPay Empowered 2,000+ Women in Kano & Kaduna to Bank Smarter

Women’s financial inclusion remains a critical challenge globally. According to Women’s World Banking, over one billion women lack access to formal financial services, limiting their potential for economic empowerment.

The reality is no different in Nigeria. The EFInA Access to Financial Services (A2F) 2023 survey highlights a significant gender disparity in Nigeria: 30% of adult women are completely excluded from both formal and informal financial services, compared to 21% of men. This means that out of Nigeria’s 57 million adult women, approximately 17 million remain financially isolated.
To bridge this gap, PalmPay has been actively investing in grassroots women’s empowerment by dismantling the knowledge barriers that hinder financial growth. Last year, the fintech platform took this mission directly to the commercial heart of Northern Nigeria: Sabon Gari Market in Kano and Central Market in Kaduna.
In these markets, thousands of women set up their stalls to deal in spices, textiles, grains, and consumer goods. They are the undeniable backbones of the economy, working around the clock to provide for their families.
While these female entrepreneurs possess immense business acumen, a staggering number have historically been left behind by the formal financial sector. For a market woman, being unbanked means trading entirely in cash. Without basic financial literacy or the right digital infrastructure, hard work alone isn’t enough to scale a business.
Recognising this gap, PalmPay stepped away from traditional banking boardrooms and went directly to the market. PalmPay launched a targeted financial inclusion and capacity-building initiative across Kano and Kaduna states. The core mission was straightforward: take the mystery out of digital banking and equip thousands of women entrepreneurs with the exact knowledge and tools required to thrive in a digital economy.
Backed by the royal endorsement of the Emir of Kano, Dr Muhammadu Sanusi II, the solution was delivered through:
- PalmPay team members conducted hands-on financial literacy workshops right inside the markets, teaching women how to separate personal expenses from shop revenue, calculate true profit margins, and budget for inventory.
- Women opened digital bank accounts on the spot and were equipped with reliable PalmPay POS terminals and mobile app tools.
- Micro-business branding support, including storefront branding, transactional merchandise, and market umbrellas to shield them from the elements.
The true impact of this initiative is best seen through the eyes of the market women themselves. Consider the transformation of a typical trader in Sabon Gari Market who spent years operating strictly with cash-box accounting.
Before the intervention, she faced the constant anxiety of missing cash, unverified bank transfers, and untracked inventory purchases. Today, with a PalmPay POS terminal on her counter and instant payment notifications triggering seamlessly on her phone, the chaos has been replaced by complete financial control.
When you empower a market woman, you don’t just improve a single business; you stabilise an entire household and uplift a community. By transitioning over 2,000 women in Kano and Kaduna from the vulnerabilities of an all-cash system to the security of digital banking, PalmPay has helped convert everyday survival into scalable success.
As these newly banked entrepreneurs continue to master cash-flow management and leverage instant digital settlements, they are proving that with the right partner, grassroots commerce can become a powerful engine for national economic growth.
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