Accidental death and dismemberment insurance offers coverage for a death that happened via an accident. Also known as AD&D insurance, it covers cases where the insured loses a limb or a function such as sight or hearing in an accident. It is usually added as a rider to life insurance (or a health insurance policy) … Read more
President Bola Tinubu on Wednesday, May 29, 2024, signed into law the old National Anthem, “Nigeria We Hail Thee”, replacing the existing one, “Arise O Compatriots” to mark his one year anniversary in office. The president signed the National Anthem Bill 2024 into law after it scaled accelerated passage by the National Assembly. Nigeria We Hail … Read more
On this day, May 29, President Bola Tinubu took oath of office as Nigeria’s president. May 29, 2024, makes it exactly a year in office when he announced that, “Fuel Subsidy is gone”, triggering an immediate hyperinflation of goods and services. Data collated from different sources such as Nigeria’s National Bureau of Statistics (NBS), Debt … Read more
There are 17.81 million out-of-school children in Nigeria, according to 2023 data by the United Nations Children’s Fund (UNICEF). Northern Nigeria accounts for 15.23 million while the southern part accounts for 2.58 million of the affected children. In another data, the Global Education Monitoring Report of the United Nations Educational, Scientific and Cultural Organization (UNESCO) put the global … Read more
Grey, a FinTech that makes it easier for freelancers to open UK, EU, and US virtual accounts, will no longer accept USD deposits from individuals and unknown sources via its Automated Clearing House (ACH) network. In a communique sent to INFOMEDIANG, the company says the restriction is to add extra security measures as a response … Read more
If there is anything that makes me love life insurance, it is the money-back aspect of it. You may not know how it feels when you get regular payouts, maturity benefits, and death benefits in addition to the bonus. Meaning So, what is a money-back insurance policy and how does it work? A money-back insurance … Read more
It is almost mandatory for every car owner in the U.S. to have an auto insurance policy, which is why 49 out of the 50 states require every driver to have active car insurance. In neighbouring Canada, all drivers must have an active car insurance policy. When we take into consideration the fact that every … Read more
Organised labour led by the Nigerian Labour Congress (NLC) and the Trade Union Congress recently proposed a N615,000 living wage demand, which they later reduced to N497,000. However, the Federal Government slashed the labour demand by more than 92%, by pushing forward N48,000 per month. The government later jagged it up to N57,000. While the government … Read more
It is important to only add your close family members or only those you constantly do business with on your list of beneficiary. It is not advisable to add a stranger. In case you have designated accounts that you are no longer familiar with on your list, this INFOMEDIANG tutorial guides you through the process … Read more
Pet insurance is designed to cover the costs of the medical care of your pet if it gets injured or becomes very sick. Rather than being burdened by vet bills for treatment all alone, your pet insurance policy renders valuable assistance. Types Of Pet Insurance Policy There are three major types of pet insurance, which … Read more
Credit life insurance is a very unique form of life insurance that will settle the outstanding debts of a borrower in the event of the death of the policyholder. This policy ensures that you don’t leave debt for your loved ones. You don’t want your loved ones to inherit your debts. This specialized policy is beneficial … Read more
I asked 10 people if they knew about USSD code on Moniepoint. Only two of the respondents say “YES”. The response shows that most of them had no idea about the USSD code on the fintech app. Here is the guide on how to activate *5573# USSD code on Moniepoint and what you can do with … Read more
Disability insurance is a form of insurance policy that offers income if a person gets sick or has any form of disability that prevents them from working. If the policyholder, who was agile, working, and earning income before, but can’t work again due to having a physical or mental disability, then the insurance pays part … Read more
Nigerian Education Loan Fund (NELFUND) opened its portal for application on Friday, May 24, 2024, after several amendments to the Access to Higher Education law establishing it. The application process is divided into segments, you will have to start by creating an account by clicking on “GET STARTED” to fill in the questions, move on … Read more
A publication by the Transport for London (TfL) has revealed that High Commissions and Embassies owe a total of £143,527,113 as a congestion charge to the UK government. What is it? A £15 is a daily charge as a Congestion Charge if you drive within the Congestion Charge zone 7:00-18:00 (Monday-Friday) and 12:00-18:00 Saturday to Sunday and bank … Read more