Africa Reinsurance gets A- rating from A.M. Best
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-†of African Reinsurance Corporation (Africa Re) (Nigeria). The outlook for both ratings remains stable.
Tanker drivers raise alarm over killer kerosene in Edo
The Petroleum Tanker Drivers Union, Benin Depot, PTD, yesterday raised alarm over the presence of killer kerosene currently in circulation in the state.
Fashola inaugurates 18-man c’ttee
GOVERNOR Babatunde Fashola of Lagos State yesterday inaugurated an 18-man committee to look into conflicts in the concession, expansion and tolling of the Lekki-Epe Expressway
27.5%: Why I have not paid teachers, says Akala
GOVERNOR Adebayo Alao-Akala of Oyo State, has said the delay being experienced by teachers in the payment of their 27.5 per cent salary increase is to avoid industrial unrest in the state.
Jonathan decries information imbalance between developed, developing countries
PRESIDENT Goodluck Jonathan has decried the growth of imbalance of information between the developed and developing countries of the world.
Court to hear Akingbola’s bail application tomorrow
A Federal High Court sitting in Lagos, yesterday adjourned till tomorrow, for hearing in the bail application by sacked Group Chief Executive Officer of Intercontinental Bank Plc, Mr Erastus Akingbola, who was arraigned recently by the Economic and Financial Crimes Commission, EFCC, on a 22-count charge of fraud, granting reckless credit facility, abuse of office and mismanagement of depositors’ funds.
