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Staco settles N726.9m claims in seven months

Staco Insurance Plc has settled total N726.9 million claims in seven months of operation for the 2010 operating year to its numerous customers and clients in various classes of general insurance business. This figure represents a percentage increase of about 6.5 percent over the corresponding period of year 2009 which was put at N683.5 million.

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Beware, that C of O could be fake

BEFORE you buy any property in Lagos ensure that the documents are genuine. Reason: There are many cloned certificates of occupancy (C of O) and other titled documents in circulation. Lagos State Governor Monitoring Taskforce, GMT, last week arrested five people who were involved in issuing forged state government’s C of O, building approvals and other property certificates.

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