News

Rainstorm Destroys Over 70 Houses in Langtang South of Plateau State

Published

1 year ago

April 4, 2025

vicky

A rainstorm on Thursday wreaked havoc in Langtang South Local Government Area of Plateau State, destroying no fewer than 70 houses and barns across Mabudi, Sabon Gida, and other communities.

Residents told our correspondent that the roofs of the affected houses were blown off, while several buildings collapsed.

A resident of the affected community, Nanbol Nanzing, lamented the incident and called for intervention from the state government.

Langtang South Local Government Area Chairman, Nanfa Nbin, confirmed the incident.

In a statement, his media aide, Mr Iliya Bako. said the council’s Emergency Management Committee led by the council’s Deputy Chairperson, Hon. Julcit Musa, who is the Chairman of the committee, had visited households affected by the storm.

He said that the council boss sympathised with the victims and called on them to accept the disaster as God’s will.

Related Topics:Langtang South LGA rainstorm

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Business

Sovereign Trust, Guinea Insurance, 5 Others Join Verified List in Final Recapitalization Clearance

Published

1 minute ago

August 14, 2026

Preport

BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc and Guinea Insurance Plc are among seven additional underwriting firms officially cleared and verified by the National Insurance Commission (NAICOM) as compliant with the Minimum Capital Requirements stipulated under the Nigerian Insurance Industry Reform Act (NIIRA) 2025.

This final batch of approvals formally completes the nation’s insurance recapitalization exercise, bringing the total roster of fully capitalized operators in Nigeria to 48 insurance companies and two reinsurance companies.

See details below:

List of Additional Insurance Companies that Complied with the MCR Prescribed by NIIRA 2025

The post Sovereign Trust, Guinea Insurance, 5 Others Join Verified List in Final Recapitalization Clearance appeared first on Business Today NG.

News

Investors sue Selena Gomez alleging fraud tied to her mental health startup

Published

5 minutes ago

August 14, 2026

Preport

Singer and actress Selena Gomez and her mother are being sued over their mental health startup, Wondermind. The plaintiffs in the lawsuit say they invested nearly $1.2 million in the startup, and are accusing Gomez of securities fraud and breach of contract.

They allege that the startup failed to deliver on its commitments without informing investors, and Gomez failed to market the startup after promising to do so. The news was first reported by Forbes.

Wondermind launched in 2021 and aimed to offer daily mental health resources to users. The lawsuit alleges that investors were unaware of the company’s troubles until a September 2025 story from The Cut uncovered them.

“Gomez purported to sign a contract obligating her to perform and then ignored it,” the complaint reads. “The partnerships did not exist. The initiatives never materialized. The app was never built. And for three years, while the Company quietly collapsed around them, not one of its founders, officers, or directors said a word to the investors whose money was funding the collapse.”

The investors allege that Gomez and Wondermind misrepresented the company’s finances and overstated the extent of Gomez’s involvement. The plaintiffs are seeking to recover their investments and legal fees.

Wondermind did not respond to our request for comment.