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PBA Reporter

Mutual Benefits’ Capital Base Bits N20bn

Mutual Benefits’ Capital Base Hits N20bn – Chairman

Mutual Benefits Assurance Plc has announced that the group’s capacity to underwrite bigger insurance risks has increased significantly, with its capitalisation hitting N20bn. Chairman of the company, Dr. Akin Ogunbiyi, disclosed this during the group’s 26th annual thanksgiving service in Lagos on
January 24, 2022
Lagos arport airside

FAAN prohibits Untrained Officials From Driving On Airsides

The Federal Airports Authority of Nigeria (FAAN) has barred airport officials who have neither undergone the mandatory airline drivers training nor certified appropriately from driveing on the airsides of the nation’s airports. This was contained in a notice signed by Henrietta Yakubu
January 21, 2022
Urban Radio Invasion: EFCC Acted Like Despotic Govt - Guild Of Public Affairs Analysts

EFCC Probes Ahmed Kuru, AMCON MD, Over Corruption Allegations

Emerging reports obtained by Prime Business Africa claimed that Economic and Financial Crimes Commission (EFCC) is probing Ahmed Kuru, managing director of the Assets Management Corporation of Nigeria (AMCON), over allegations related to sale of assets. This newspaper gathered that Kuru is
January 21, 2022
IMF

IMF Launches $50bn Lifeline For Nigeria, Others

The International Monetary Fund has expressed its readiness to launch a $50bn trust fund for low-income and vulnerable middle-income countries to help them build resilience to balance of payments shocks and set them on the path to sustainable recovery before the end
January 21, 2022
EKDC

Eko Disco Appoints New Board Chairman

The  Eko Electricity Distribution Company (EKEDC) has approved the appointment of Mr. Oritsedere Otubu as its Chairman, Board of Directors. The electricity distribution company disclosed this in a statement by its General Manager, Corporate Communications, Mr. Godwin Idemudia on Thursday in Lagos.
January 21, 2022
Nigeria's public debt

Nigeria’s Bond Issuance Oversubscribed By N139 Billion – DMO

The Debt Management Office (DMO) has disclosed that the country’s January bond issuance valued at N214.05 billion ended with an oversubscription of N139 billion. The debt office disclosed this in the FGN bond result released recently, saying the auction, which ended on January 19,
January 21, 2022

How I Was Almost Bombed Near Kawo Bridge In 2014 – Buhari

President Muhammadu Buhari duing his inauguration of projects executed by Governor Nasir el-Rufai recalled how he was almost bombed near the bridge while travelling to Katsina in July 2014. President Buhari in his two-day official visit to Kaduna State on Thursday made a
January 20, 2022
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