IBEDC reconstitutes board, secures new core investor to drive service improvement

IBEDC reconstitutes board, secures new core investor to drive service improvement

The Ibadan Electricity Distribution Company (IBEDC) has announced the appointment of a new core investor and the restructuring of its Board of Directors following the exit of three nominees of the Asset Management Corporation of Nigeria. The move is aimed at strengthening governance, attracting fresh capital, and enhancing service delivery across the company’s franchise areas.
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FGN Securities boost pension fund assets to N27.5trn

FGN Securities boost pension fund assets to N27.5trn

By Peter Egwuatu Nigeria’s pension industry Net Asset  Value, NAV, has increased significantly by 22 % on the back of rising yield on investments in Federal Government of Nigeria (FGN) securities, according to data from the National Pension Commission (PenCom). The latest report from PenCom shows that total Assets under Management (AuM) rose to N27.451 trillion […]