Editorial Staff

General Liability Insurance: Definition and How It Works?

General liability insurance is a type of business insurance that is designed to protect businesses from costs incurred during normal business operations. Also called business liability insurance, it is a type of business insurance policy that offers coverage to an organization for bodily injury, personal injury, as well as property damage that happened while the business […]

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Classification of Power Supply Service Band in Nigeria: A, B, C, D, and D

5 Types of Band Classifications in Nigeria’s Power Sector (A, B, C, D, and E)

Everything Nigeria

Electricity consumers are under five types of classifications across power distribution companies in Nigeria. Consumers on Band A enjoy at least 20 hours of power supply per day while locations in Band E have a minimum of four hours of electricity per day. That’s why people in Ikeja GRA may enjoy 20 hours of power

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List of Sort Codes for Zenith Bank Branches in Nigeria

Banking

Zenith Bank has 393 branches (as of March 29, 2024) spread across Nigeria’s states and geopolitical zones. Each branch has a sort code for easy identification and to track financial-related transactions. In Lagos State alone, Zenith bank has over 100 branches, each with its unique sort code. Note: And you should also know that sort

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How to Generate the Virtual NIN (VNIN)

Everything Nigeria

This Virtual NIN is a tokenized version of the person’s actual NIN which another party verifying the number cannot retain and use in a way that puts the individual’s data privacy at risk. Takeaways Generating you VNIN On the app are four methods available for you to generate your Virtual NIN 1) By searching the

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CBN Revokes Operational Licenses of 4,173 BDCs

Forex

The Central Bank of Nigeria (CBN) has revoked the operational licensed of 4,173 Bureau de Change (BDC) operators in the country as the cleansing of the FX market continues under Yemi Cardoso. There are over five thousand foreign exchange traders in Nigeria. In a press release Friday signed by Acting Director of Corporate Communications, Mrs.

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40 Ridiculous Business Names Used By BDC Operators in Nigeria

Finance

Some of the licensed Bureau De Change (BDC) operators in Nigeria use unbelievable and ridiculous names to obtain operating licenses from Nigeria’s apex bank, a list on the website of the Central Bank of Nigeria has revealed. Among the funny business names used by the operators include Deadlist BDC LTD, Ephesians-three-twenty BDC LTD, and Deep

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Oronsaye Report: List of Affected Agencies and Commissions If The Recommendations Are Fully Implemented

Everything Nigeria

Highlight of the Oronsaye report and recommendations The Federal Executive Council (FEC) led by President Bola Tinubu on Monday, February 26, 2024, directed that the recommendations of the Steve Oronsaye panel on the restructuring and rationalization of Federal agencies, parastatals and commissions should be fully implemented. The panel was set up by the administration of

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Understanding the ITIL Service Lifecycle

Service Transition Phase of the ITIL Service Lifecycle

Technology

The IT Infrastructure Library (ITIL) framework stands as a cornerstone in IT service management, offering a structured approach to managing IT services that align with business needs. Among its various phases, the Service Transition phase plays a pivotal role in ensuring the seamless movement of services from the development stage to operational deployment. This blog

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Reasons To Vote Asiwaju Bola Tinubu in 2023 Election

From Jonathan To Tinubu: Timeline of The Oronsaye Report

Everything Nigeria

Twelve years after The Steve Oronsaye Panel submitted its report on restructuring and rationalizing Federal government parastatal and agencies aimed at cutting down on the cost of governance in Nigeria, President Bola Tinubu gave a nod to the implementation of the report on Monday, February 26, 2024. A committee that will execute the report has been

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EFCC Officials Raid Abuja Dollar Market With Gun In A Bid To Rescue Naira from Further Fall

Forex

The operatives of the Economic and Financial Crimes Commission (EFCC) on Monday, February 19, 2024, resorted to using firearms in their attempt to salvage the Nigerian currency from total collapse. Watch video: They had stormed the Abuja Zone 4 market, popular for foreign exchange trading, and started shooting sporadically at Bureau De Change operators in an attempt to

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