General News
Working With Travel Insurance Broker
Notwithstanding the growth of technology which seems to threaten the aged long role of insurance brokers, it cannot be easily dismissed that insurance brokers play a crucial role in advancing the insurance industry. In discussing this crucial role, let us use travel insurance as a guide. Travel insurance brokers act as an intermediary between the policy buyer and the insurance company providing the travel insurance. Most buyers of insurance do not go through the brokers, preferring to rather deal directly with the insurance company. There are others who realize their important role and transact business through them. But what ever may be the reason for or against insurance brokers, the reality of it is that it is a case of different strokes for different folks. But is working with a travel insurance broker right for you?
According to Mr. Adewole Oluwole, managing director of Fair Deal Brokers, it is very important to go through the broker because he understands the insurance companies more than outsiders. The broker, for instance knows the likely traps that the insured usually fall prey to as well as the insurance companies who have a tradition of excellence or failure as the case may be. “In buying travel insurance, it is the brokers’ job to know which companies are the best and what the details of the policies offered represent to their clients. They are trained to know the right questions to ask in order to steer the prospective buyer to the right travel insurance policy that will sooth his taste and needs” The broker, he said can help to evaluate the various options towards taking the right decision on a particular policy. A broker is also in a better position to handle the claims for you when the need arises to file a claim. He explained that the brokers have access to information on how best to process the relevant paperwork because they have vast experience and also know how the system works and how to exploit it to maximum advantage.
In many cases working with a broker will provide one with some degree of protection against financial loss in case something goes wrong during the claims process. This, of course, assumes that the broker you are working with is the one that knows his onions. In this regard, it is advisable to ensure that you know who the broker is before committing any money to him or her. It is easy to become the victim of fraud, especially in this clime where there are fraudsters who specialized in faking documents and this is a common occurrence.
While it of great advantage to use the brokers, those who shun them are quick to point out that it is rather expensive to go through brokers. Since they are in business, they charge extra fees than the ones offered by the insurance companies. So aside from the possibility of working with someone who is less than scrupulous, the first drawback in dealing with a broker is cost. That means that coverage purchased through a broker will likely be more expensive than that purchased directly. Expert opinion is that one can receive good value for the extra fee so charged. But if on the other hand, one is looking for rock bottom prices then chances are that going for travel insurance directly may work better for you. Buying directly normally ensures that you pay as little as possible while at the same time getting a good policy and good customer service. For many buyers, buying travel insurance from a direct provider appears to the best of all possible options. In this regards, the middle man’s role is cut off while still keeping the costs low and having a professional backup behind the sales.
The question that arises therefore is how do you decide if working with a travel insurance broker is right for you? If you prefer high touch to high tech then you should consider turning to a broker for your insurance needs. The only prize one would pay is a higher prize. If, on the other hand, one is relatively self-sufficient and willing to do detailed homework, then such a person may be a good do it yourself candidate. However if you decide to do it yourself, it is recommended that necessary consultations are made with expert so that you are better guided to achieve the needed results.
General News
FG Launches the Happy Woman App Platform

Federal government has unveiled a new digital platform to connect millions of women to finance, skills training, and market opportunities, in what officials call the country’s largest technology-driven women’s inclusion initiative to date.

The Happy Woman App Platform, which was unveiled at the Presidential Villa in Abuja, would serve as a single interface for women to access funding facilities, business development support, governmental initiatives, and critical services.
The digital drive comes as Nigeria grapples with expanding gender gaps in financial access, with women much less likely than males to maintain bank accounts or obtain formal credit, limiting their capacity to grow informal enterprises they primarily run.
Yet women remain central to the economy, accounting for a large share of micro and small enterprises that contribute nearly half of the country’s GDP.
According to the Social Institutions and Gender Index, only about 35 percent of Nigerian women have a bank account at a financial institution, compared with 55 percent of men, underscoring the depth of persistent financial exclusion and the urgency of targeted interventions.
The launch coincided with the expansion of the Nigeria for Women Programme, which the administration now plans to scale nationwide to reach 25 million women.
President Bola Tinubu, represented by vice president Kashim Shettima, said the scale-up is central to Nigeria’s economic growth strategy.
“A nation that relegates its women is a nation bound for implosion,” he said, adding that women must be placed “at the centre of national planning and productivity.”
The expanded programme builds on a pilot phase in six states that reached over one million women, many organised into Women Affinity Groups to access grants, savings schemes and livelihood support.
The government says the new app will streamline beneficiary registration, payments and training, reducing leakages and improving delivery.
General News
Indigenous Firm Deploys 400,000 Smart Electricity Meters in 2025

MOJEC International Limited has revealed that it deployed over 400,000 smart meters nationwide in 2025, representing a significant year-on-year growth for the indigenous smart meter manufacturer.

This performance reflected a 33.3 percent increase over the 300,000 meters deployed in 2024, highlighting the scale and acceleration of MOJEC’s metering operations.
Chantelle Abdul, group managing director, attributed the sustained impact to deliberate investments in infrastructure, people, and technology.
“MOJEC operates two state-of-the-art meter production facilities with a combined installed capacity of up to five million meters annually. This scale enables us not just to meet current demand, but to support Nigeria’s long-term metering and energy efficiency goals,” she said.
She further noted that MOJEC’s expansive installer ecosystem, comprising over 5,000 trained professionals nationwide, remains a critical enabler of its delivery advantage, ensuring speed, quality, and compliance across diverse terrains and markets.
The company stated that the deployment surge reflected growing confidence by Distribution Companies (DisCos) and sector stakeholders in MOJEC’s technical capacity, delivery speed, and end-to-end metering solutions.
According to Monday Ubogu, MOJEC’s head of installation, the scale and consistency of delivery set the company apart.
“Within the first three quarters of the year, MOJEC completed about 300,000 installations, accounting for roughly 40 percent of total installations nationwide during that period.
“The momentum continued into the final quarter with an additional 150,000 meters deployed, highlighting our operational depth and nationwide reach,” he said.
Ubogu added that MOJEC’s performance builds on decades of sector engagement, spanning key national metering initiatives including CAPMI, MAF, Vendor Financing, MAP Phases I & II, and NMMP 0, with the company having deployed nearly four million meters since the privatisation of NESI.
According to the company, a substantial portion of the deployment was driven by MOJEC Meter Asset Management Company (M3AC), the Group’s asset management subsidiary, which accounted for about 350,000 installations.
General News
Globacom Donates ₦1Bn to Lagos State Security Trust Fund

In its bid to contribute its quota to the consolidation of security in Nigeria’s commercial capital, Lagos, telecommunications giant, Globacom, has thrown its weight behind the Lagos State Security Trust Fund (LSSTF) with a donation of ₦1 billion.

The generous donation was announced at a Private Sector Breakfast Meeting with CEOs, convened at the instance of the Executive Governor of Lagos State, Mr Babajide Sanwo-Olu, on Friday, January 30, 2026 and shows the company’s commitment to fostering public safety which would in turn, culminate in enhanced prosperity and social re-engineering in the state.
The donation, which is the biggest private-sector intervention from the telecommunications sector to the Fund in recent years, again shows that Globacom is a responsible, responsive and people-oriented corporate citizen.
Globacom disclosed that the intervention emphasized deeper collaboration between government and the state’s business community especially in relation to security, innovation and economic resilience—an agenda which the digital solutions company has unabashedly supported through sustained social investments.
The Executive Secretary/CEO of the Fund, Dr. Ayo Ogunsan, in his display of appreciation described Globacom’s largesse as “a powerful demonstration of corporate citizenship and a strategic investment in the stability of Lagos State,” saying since LSSTF was established to bridge funding gaps in security infrastructure, it desired voluntary contributions from corporate bodies and well-meaning collaborators.
Dr. Ogunsan promised that the ₦1 billion donation will significantly enhance the Fund’s capacity to address critical priorities for 2026, including multipurpose security helicopters and drones, Armoured Personnel Carriers (APCs), water cannons, digital communication equipment and Smart CCTV systems. These assets, he added, were germane to proactive policing, rapid response and intelligence-led operations across the state.
He therefore encouraged Lagosians to support businesses that invest in the safety and development of the state, saying, “When companies step forward to secure our environment, residents should reciprocate by patronizing them. Their support directly impacts the protection of lives, property and economic activity.”
A statement from Globacom explained that the donation was an expression of the company’s staunch belief in Nigeria’s future. “At Globacom, we see security not as a government burden alone, but as a shared responsibility. When people feel safe, enterprise grows, creativity flourishes and hope becomes practical. Our support for the LSSTF is about protecting the everyday dreams of millions of Lagosians,” he noted.
With this donation to the LSSTF, Globacom has furthered its tradition of investing directly in the conditions like safety, confidence and stability which help commerce to thrive. Consequent on the support, LSSTF is gingered to raise the bar of security thereby concretizing Lagos State’s position as Nigeria’s safest and most vibrant commercial hub.
This recent financial intervention from Globacom is in tandem with its avowed commitment to social responsibility that is practical, timely, scalable and aligned with national priorities.
The company’s interventions in the past decades have spanned relief efforts for flood-affected communities, support for displaced persons, advanced youth skills through structured training programmes, and investments in education, culture and digital inclusion.
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