Business

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Insurance World

Sovereign Trust Insurance Opens ₦5.02bn Rights Issue, Sets June 10 Deadline

BY NKECHI NAECJE-ESEZOBOR—Sovereign Trust Insurance (STI) Plc has announced  a ₦5.02 billion rights issue in a move aimed at bolstering its capital base...

Education

JAMB Elevates Four New Directors to Strengthen Operations

The Joint Admissions and Matriculation Board (JAMB) has promoted four top staff members to director positions as part of efforts to improve its...

Judiciary

Court Rejects Bid to Restrain ICPC from Investigating Petition

BY SUNDAY SAMUEL—The Federal Capital Territory (FCT) High Court sitting in Kurudu, Abuja, has declined jurisdiction to entertain a suit filed against the...

Energy

NNPC Signs MoU with Chinese Firms to Revive Port Harcourt, Warri Refineries

BY NKECHI NAECHE-ESEZOBOR—NNPC Ltd has signed a Memorandum of Understanding (MoU) with two Chinese companies—Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park...

Fraud

How N78m Meant for China Deal Allegedly Vanished—EFCC Arraigns Suspect

BY SUNDAY SAMUEL—The Enugu Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arraigned a suspected fake Bureau De Change operator,...

Fraud

EFCC Arraigns Former SKye Bank Chairman, Tunde Ayeni for N15.6b Fraud

The Economic and Financial Crimes Commission, EFCC, on Monday, arraigned a former Chairman, Board of Directors of the defunct Skye Bank Plc, Tunde...

Insurance World

Universal Insurance Boosts Confidence Ahead of Industry Recapitalisation

From left: President and Chairman of Council of NCRIB, Barr. (Mrs.) Ekeoma Ezeibe Presenting award plaque to the Managing Director/CEO of Universal Insurance...

Crime

Cult Clash Leaves One Dead in Abeokuta as Police Begin Investigation

BY SUNDAY SAMUEL —Detectives attached to the Oke Itoku Division of the Ogun State Police Command have launched a full-scale investigation into a...