Monday, May 18, 2026
27 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

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Understanding Why Corporates Need Credit Rating

In today’s dynamic financial landscape, silence leaves room for...

Distinguished Industry Veteran, Olusola Teniola, to Chair NDSF 2026

The organising committee of the 2026 Nigeria DigitalSENSE Forum...

The Nigeria Prize for Science & Innovation Hits New Peak as 2026 Edition Attracts 237 Entries

The 2026 edition of The Nigeria Prize for Science...

Heirs Insurance Group Named among Africa’s Fastest-Growing Companies in Financial Times Ranking

Heirs Insurance Group has achieved a landmark double recognition,...

Topics

Why N300m Insurance Rebranding Project Failed

The N300 million insurance rebranding project designed to redress...

IDC Forms Council to Drive Tech, Innovation in Gulf Region

International Data Corporation (IDC) yesterday formally announced the formation...

LG Electronics: Q4 $429m Loss Driven by Dec. 2012 EU Fine

South Korea's LG Electronics has posted a fourth-quarter loss...

ITU Unveils Connect2Recover to Protect Digital Infrastructure in COVID-19-Affected Countries

Professor Umar Danbatta Executive Vice-Chairman Nigerian Communications Commission (NCC) The International Telecommunication...

Malta to Chair 2016 Commonwealth ICT Ministers Forum

Engr. Shola Taylor, Secretary-General of the Commonwealth Telecommunications Organisation...

BOOK REVIEW: Personal Cost Control Strategies

  Author: Festus Abiodun Adebisi Publisher: Maximax Inc. Reviewer: Goke Ilesanmi Many people...

Law Union & Rock Targets N1bn Profit by End 2017

Law Union & Rock Insurance Plc says it is...

Nigeria Will Overcome Short-term Oil Price Challenges

Randy Buday, Managing Director/CEO of DHL Express Nigeria, shares...
spot_img

Related Articles

Popular Categories

spot_imgspot_img