Sunday, November 17, 2024
33.8 C
Lagos

Cornerstone, Custodian Facing N486.5m Lawsuit on Allegation of Non-Payment of Claims

Cornerstone Insurance Plc and Custodian Investment Plc have been to dragged to a Federal High Court in Lagos in a N486.5 million lawsuit over allegation of non-payment of claims arising from a fire incident which occurred at No. 142, Bamgbose Street, Lagos Island, Lagos on November 4, 2021 at around 8:00 pm.

The lawsuit was filed against the two insurers by Aribisala Properties Limited and a law firm, A.O.S. Practice.

The case was earlier fixed for hearing today before Justice Chukwujekwu Aneke of the Federal High Court in Lagos.

DETAILS LATER…

spot_img
spot_img
spot_img

Hot this week

NGX Group Chairman, Umaru Kwairanga, Visits Dubai Financial Market for Industry Partnership

Dr. Umaru Kwairanga (2nd Left) with other industry players...

RMB Nigeria Concludes ₦40bn Multi-Instrument Issuance Programme with SEC

RMB Nigeria Issuance SPV Plc, a funding vehicle incorporated...

NNPC, Dangote Refinery Ink 10-Year Gas Deal to Boost Local Production, Industrial Growth

L-R: Managing Director, Nigeria Gas Marketing Limited (NGML), Barrister...

NNPC Announces 1.8mbpd Production, Eyes 2mbpd by Year End

Minister of State for Petroleum Resources (Oil), Senator Heineken...

Sterling Leads Charge in Revolutionising Africa’s Agric Value Chain

L-R: Managing Director Sterling Bank, Mr. Abubakar Suleiman; Keynote...

Topics

Five Tips for Success by Africa’s Top Young Entrepreneurs

The Anzisha Prize Being a young entrepreneur is difficult, no matter where you are from. But in Africa, the challenges are often far more emphasised. Resources, financing, mentorship and supporting services are even scarcer. Yet despite this, the continent’s youth unemployment is higher than elsewhere, and for many young Africans, entrepreneurship is less of a choice, and more of a requisite for survival.Last year the Anzisha Prize, Africa’s premier award for entrepreneurs between the ages of 15-22, identified a handful of young entrepreneurs who are making it in Africa.

9mobile Appoints John Vasikaran as Chief Operations Officer 

9mobile has announced the appointment of John Vasikaran as...

8.1m people work in Renewable Energy Industry Worldwide

8.1 million people work in the renewable energy industry....

Stanbic IBTC Donates Vocational Centre for Young Inmates

Stanbic IBTC Holdings PLC, a member of Standard Bank...

MTN Nigeria, Gemalto Partner on Commercial GSMA Mobile Connect Service

Gemalto, the world leader in digital security, has been...

U.S. is No. 1 Source of Spam Emails, Down 11.4% in 2O15

According to the latest Kaspersky Lab Security Bulletin, the...

Global, African Lenders Decry Country Risk Challenges in Africa

Global and African financial heads identified country risk as...

WorldRemit Partners Lebara on Money Transfer Service to Africa

Lebara and WorldRemit, two leading brands serving international residents,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img