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Business

‘Winning with Strategic Communications’ Launch, Targets Real-World Impact

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Chowdeck Partners MyCoverGenius to Set New Standard for Rider Protection in Nigeria

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Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

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NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

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Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

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NGX GMD, Temi Popoola, Seeks Collaborative Alignment to Drive Sustainable Capital at IFC Confab

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AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

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Insurance

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

emPLE Partners Lagos State, Bastion Health for International Women’s Day “emPOWERHer” Health Drive

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

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Business

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Capital Market

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

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AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

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Insurance

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

emPLE Partners Lagos State, Bastion Health for International Women’s Day “emPOWERHer” Health Drive

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SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

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Shycocan, World’s First Virus Attenuation Device Now in Nigeria, Partners Nestar

Shycocan Corporation, in partnership with Nestar Corporate Services Limited, has officially launched the Shycocan Virus Attenuation Device in Nigeria. The one-of-its-kind device has been developed by well-known Indian scientist and inventor Dr Rajah Vijay Kumar.
Nestar Corporate Services Limited is the official distributor of the device in Nigeria.
The cylindrical device, Shycocan is scientifically evidenced to disable and help curb the spread
of the Coronavirus in indoor spaces with up to 99.9% efficacy, enabling schools, colleges,
homes and businesses like hospitals, hotels, offices, restaurants, auditoriums, transportation,
retail, and airports get back to normal and serve customers in a safe environment. Remarkably,
Shycocan also works on all current and future variants and mutations of these viruses,
protecting people’s health and saving millions of hours of lost productivity.
Nneoma Oji (Mrs.), Chief Executive Officer and Managing Director of Nestar Corporate
Services Limited, said:
“The world is facing one of the most challenging and uncertain times
ever experienced in decades. The impact has been felt on daily lives, livelihoods and businesses
across the globe. A balance of the best of science as well as technology along with social
responsibility and the determination to fight is needed at all fronts. In keeping with our versatile
service and rich product portfolio we continue to bring immense value to myriads of industries, companies and ultimately families in Nigeria. Nestarcorp is proud to launch Shycocan in the country as part of the Nation’s fight to bring businesses and lives back to normal.”
On his part, Alok Sharma, Chief Executive Officer at Shycocan Corporation, said: “The world faced one of its’ biggest challenges with the pandemic bringing us to a standstill. More livelihoods than
lives have been lost, in fact, close to a billion at last count. And Science, Technology and
Innovation are going to play a big role in helping us reclaim our lives and work safely. We are
delighted to launch the pathbreaking one of a kind virus attenuation device, the Shycocan, in
the hope of doing just that. Helping people bring lives and businesses back to normal. And we
couldn’t have found a more credible and relevant platform than the prestigious ICPM to
showcase our cutting-edge technology.”
Shycocan is one of the most thoroughly tested devices for both safety and efficacy. It neither
uses nor emits radiation, chemicals, ozone, any toxic material. It is 100% safe for humans,
animals, and the environment. Additionally, it does not harm the bacterial ecosystem and
microbes that thrive in the environment and are essential for our immunity.
Shycocan has widespread usage across market segments, including hospitals, clinics, schools,
higher education institutions, banking sector, manufacturing and retail outlets, hospitality
sector, government offices, real estate corporations and businesses.
In addition to the solution,
the company offers customized consultations and installation, a one-year replacement
warranty, strong support and service network across Nigeria, and a post-installation audit.
A single device when mounted has an effective coverage area of 1,000 square feet (10,000
cubic feet). Multiple devices can be installed to cover a larger indoor space. The device has
seen a robust demand from institutional buyers across the globe and is already in use in
countries such as India, the US, across Europe, Malaysia, Singapore, Australia, New Zealand,
South Africa, Qatar, Ghana and Nigeria among others.
Shycocan Corporation is the global licensee of the Shycocan device for manufacturing, sales,
marketing, distribution and services. The Shycocan is the world’s first Virus Attenuation
Device, that can disable the entire Coronavirus family in indoor spaces with up to 99.9%
efficacy while being completely safe for humans, animals and the environment as proven in
multiple virology lab test reports.
It is certified as a CE Class I Device and conforms to the regulatory
requirements of many countries including the US, Canada, Mexico, Europe [UK, France, Germany, Spain, Italy, Netherlands, Belgium], Australia, New Zealand, Singapore, Malaysia, UAE, Qatar, Botswana, South Africa, India and more.
Shycocan Corporation is founded by a team of blue-chip technology and industry professionals led by Mr. Alok Sharma, the former MD of Apple India. The company’s immediate goal is to ensure
indoor environments free of transmission risks from Coronavirus for organisations to restart
their business and help bring life back to normal.
The company backs up its offering with
customised consultations, a one-year replacement warranty, a global support and service
network and a post-installation audit. The target customer segments of the company include
hospitals, clinics, K-12, higher education, banking, manufacturing, retail, hospitality,
government offices, real estate, other businesses and homes.
Nestar Corporate Services Limited, is a wholly indigenous Nigerian Company
established since 2004, providing full and unparalleled value chain services to the Oil & Gas,
Renewable Energy, Power, Rail, and Maritime industries offering a rich service and product
portfolio.
With offices in Rivers, Lagos and Ogun States, our services are backed by the needed approvals,
registrations, Permits, in-country technical partnership and foreign Original Equipment
Manufacturers (OEM) representations including Shycocan Corporation (Makers of Shycocan
Virus Attenuation device), Ultraspin (Produced Water/Oily Water Treatment
Systems/Facilities), Frenzelit (gaskets, insulation materials, expansion joints and heating
systems), Bliss Anand (Farris Safety Relief Valves), Straatman BV (world-class mooring and
dredging equipment), Hertecant Flange (best in class stainless steel flanges), Samil Industry
(field instruments), Bartec (explosion-proof enclosures and distribution, control and
connection equipment, analyzers and systems), Mangiarotti (heavy and big size equipment;
reactors, coke drums, separators, heat exchangers, boilers), ProMinent (metering, measuring,
control and water treatment solutions and technology), MCT BRATTBERG (complete cable
transit solutions; on land and sea), and Vantrunk (extreme cable management).

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A.M. Best: European Insurers Continue Emerging Markets’ Growth

In an attempt to deploy excess capital, some major European insurers have developed overseas operations over the past several years but are now taking a more cautious approach, as not all overseas strategies have proven successful, according to a new report published by A.M. Best. Well-capitalised insurers looked to overseas investments in order to improve margins during a time when traditional domestic markets remain mature and saturated, while low interest rates are hitting investment returns, said the report, titled “European Insurers Continue Overseas Expansion Drive but More Focused in Approach.”

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