The Texas Windstorm Insurance Associated (TWIA) board of directors voted Thursday to authorize broker Gallagher Re to pursue $2.92 billion in reinsurance for the 2023 storm season. The TWIA board also voted to establish $4.5 billion as the 1:100 probable maximum loss for this year’s storm season. The reinsurance in addition to TWIA’s $2.28…
U.S. wireless carrier T-Mobile said on Thursday it was investigating a data breach involving 37 million postpaid and prepaid accounts and that it expected to incur significant costs related to the incident. The company said it identified malicious activity on January 5 and contained it within a day, adding that no sensitive data such…
Prof. Zainab Duke-Abiola, one of the widows of late business mogul and politician, Chief MKO Abiola, has sued the Nigeria Police Force (NPF) for alleged defamation of character. Others joined in the suit filed at a Federal High Court sitting in Abuja, were the Inspector-General of Police, Mr Ibrahim Alkali and Teju Moses. Prof….
The Peoples Democratic Party Presidential Campaign Organisation (PDPCC) has demanded the arrest and prosecution of the presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, over alleged drug trafficking and siphoning of state funds. The PDP campaign council called on the National Drug Law Enforcement Agency (NDLEA) and the Economic…
Backs NNPCL’s plan to end fuel importation An anti-sabotage organisation on the aegis of The Natives, has tasked security agencies, especially the Directorate of State Security Services (DSS) and the Nigeria Security and Civil Defense Corps (NSCDC) to fish out oil marketers and other saboteurs responsible for fuel scarcity across the country. The…
Urges Nigerians to ignore ‘concocted falsehood’ The Kogi State All Progressives Congress (APC) Campaign Council has refuted a news report by a national daily (not in LEADERSHIP), insinuating that Governor Yahaya Bello has withdrawn support for the presidential candidate of the APC, Asiwaju Bola Ahmed Tinubu, describing the report as absolute falsehood and…
Yobe State governor, Hon. Mai Mala Buni, has appealed to the Central Bank of Nigeria (CBN) to give a special concession and alternatives to the people of Yobe against the backdrop of January 31 dateline for use of old Naira notes as legal tender. A statement issued by the director-general, Press Affairs and Media…
Following adherence to core professionalism and demonstrable capability by Pipeline Infrastructure Nigeria Limited (PINL) at the Trans Niger Pipelines (TNP), paramount rulers and stakeholders in Norkpo community of Tai local government area of Rivers State, have scored PINL high in it areas of operations in the Niger Delta and urged other firms to follow…
A member of House of Representatives representing Ughelli North/South/Udu federal constituency of Delta State, Hon. (Rev.) Francis Ejiroghene Waive, has written the Delta State governor, Senator Ifeanyi Okowa, asking for his operational vehicle as given other federal lawmakers from the State. Rev. Waive, a fierce preacher of morality turned politician, in a letter addressed…
As AEDC MD directs supply of meters to Nasarawa Nasarawa State governor, Engineer Abdullahi Sule, has visited the management of the Abuja Electricity Distribution Company (AEDC), to convey the complaint of consumers in Lafia, the State capital on shortage of power and high tarrif being. Engineer Sule visited the AEDC headquarters…
