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Flood Prevention: NEC Releases ₦83.2bn for Early Response Measures
The National Economic Council (NEC) has endorsed the disbursement of ₦83.2 billion from the Anticipatory Action Trust Fund (AATF) to strengthen efforts aimed...
Fire Guts Vehicle in Polaris Bank Building on Lagos Island, No Casualties Recorded
The Lagos State Fire and Rescue Service (LSFRS) has successfully extinguished a fire outbreak that occurred on the third floor of the Polaris...
Senate Clears Customs of ₦62.2BN Under-remittance Allegation
BY JAMES OBIOMA—The Senate Public Accounts Committee (SPAC) has officially cleared the Nigeria Customs Service (NCS) of a N62.2 billion under-remittance allegation originally...
Retired Senior Police Officers Disown Protest Threat Over Police Exit Bill
BY NKECHI NAECHE-ESEZOBOR—The Retired Senior Police Officers Platform has distanced itself from an ultimatum and planned nationwide protest allegedly issued by a group...
Consolidated Hallmark Renews ₦61.6m Accident Cover for NAIPE Members
Consolidated Hallmark Insurance Ltd has renewed its Group Personal Accident Insurance cover worth N61.6 million for insurance journalists under the auspices of the...
Insider Dealing: Mutual Benefits Director, Ogunbiyi Sells Shares Worth Over ₦6.3 Million
BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has disclosed an insider transaction involving one of its directors, Dr. Akinade Ogunbiyi, who sold more than...
Fortis Global Insurance Begins Share Capital Reconstruction, Suspends Trading for Two Weeks
BY NKECHI NAECHE-ESEZOBOR—Fortis Global Insurance Plc has commenced the reconstruction of its share capital following the receipt of all required regulatory approvals, a...
Regency Alliance Launches ₦3.04 Billion Rights Issue to Strengthen Capital Base
BY NKECHI NAECJE-ESEZOBOR-Regency Alliance Insurance Plc has officially launched a ₦3.04 billion Rights Issue following the formal signing of its Rights Issue Agreement,...
Former Petroleum Minister Diezani Found Not Guilty in UK Bribery Trial
BY NKECHI NAECHE-ESEZOBOR—Former Minister of Petroleum Resources, Diezani Alison-Madueke, has been cleared of all bribery allegations by a jury at Southwark Crown Court...
