By Yemi Tunde Cynosure Realty has hosted the maiden edition of its Stakeholders’ Roundtable in Abuja, bringing together professionals, industry leaders and business partners to strengthen collaboration and drive sustainable growth in Nigeria's real estate sector. The event, held on July 11 at Hall 1, Novare Central Mall, Wuse Zone 5, Abuja, was themed "The Maiden: Partnerships that Build Legacy." It featured stakeholder engagements, project unveilings, panel discussions, networking sessions and entertainment. Speaking at the event, the Chief Executive Officer of Cynosure Realty Ltd and Convener of the Cynosure Stakeholders' Roundtable (CSR), Mr. Micheal Okuboye, described the gathering as a defining moment for the company. "This maiden stakeholders' roundtable marks the beginning of stronger, more intentional partnerships that will define our legacy. We brought together stakeholders from different industries to align on shared goals and explore opportunities ...
"Many Nigerians Discover Their Insurance Is Fake Only After an Accident," Says Otrac Co-founder Adekunle Olanrewaju Emmanuel
By Ayodele Oyeniyi Nigeria's efforts to digitise vehicle insurance verification are gaining momentum as regulators intensify measures to tackle the widespread circulation of fake motor insurance certificates across the country. The National Insurance Commission (NAICOM) is expanding digital collaboration with the Federal Road Safety Corps (FRSC) and the Nigeria Police Force to improve vehicle verification and strengthen enforcement against fraudulent insurance documentation. The initiative is expected to reduce reliance on paper certificates by linking insurance records with national vehicle databases and digital verification systems. The move comes amid longstanding concerns about the prevalence of fake motor insurance certificates. Industry estimates indicate that more than 70 per cent of motor insurance documents in circulation may be unauthenticated, while insurance penetration in Nigeria remains among the lowest in Africa. According to insurance stakeholders, fake documentat...