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TCN foils attempted robbery attack at Ogbomosho substation

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BY NKECHI NAECHE-ESEZOBOR—Transmission Company of Nigeria has confirmed an attempted robbery attack at its Ogbomosho Transmission Substation in the early hours of May 10, 2026.

The company disclosed that armed intruders gained unauthorized access into the facility after scaling the perimeter fence near the entrance gate in an apparent attempt to breach the substation’s security.

According to preliminary findings, the attackers attempted to overpower vigilante security personnel stationed at the facility. However, the security operatives successfully repelled the intrusion after firing warning shots, forcing the suspects to flee through the same route used to enter the premises.

TCN said security personnel later recovered several items abandoned by the fleeing suspects, including tools and personal belongings believed to have been used during the attempted attack.

The company added that traces of blood and footprints were also discovered within the premises, suggesting that some of the suspects may have sustained injuries during the failed operation.

A further search around the substation led to the recovery of an additional bag containing implements suspected to be linked to the attempted robbery.

The post TCN foils attempted robbery attack at Ogbomosho substation appeared first on Business Today NG.

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PLACCIMA Nominates Bolcit Barshep-Amakiri as Vice President, Commerce

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The Plateau Chamber of Commerce, Industry, Mines and Agriculture (PLACCIMA) has nominated Mrs. Bolcit Barshep-Amakiri as its new Vice President, Commerce.

The nomination was approved at the Chamber’s Executive Committee (EXCO) meeting held on August 11, 2026, following the death of Alhaji Yusuf Sarumi, who previously occupied the position.

In a formal letter signed by PLACCIMA’s Executive Director, Dauda Gashi, on behalf of the President, Barshep-Amakiri was congratulated on her nomination and urged to formally accept the responsibility without delay.

Barshep-Amakiri, who is the Managing Director/Chief Executive Officer of Anista Marketing and Events Ltd., Jos, is expected to assume her new role as the Chamber continues efforts to strengthen its leadership and promote commerce, industry, mining and agriculture across Plateau State.

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Sovereign Trust Insurance Receives NAICOM Recapitalisation Certificate

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Sovereign Trust Insurance Plc alhas received its RecapitalisationCertificate from the National Insurance Commission (NAICOM), marking a significant milestone in the Company’s ongoing growth and transformation journey.

The certificate, issued following the Company’s successful compliance with the recapitalisation requirements of the National Insurance Commission, further reinforces Sovereign Trust Insurance Plc’s financial capacity, operational resilience and commitment to delivering sustainable value to its policyholders and other stakeholders.

Speaking on the development, the Managing Director/Chief Executive Officer of Sovereign Trust Insurance Plc, Dr. Lucas Durojaiye, expressed delight at the milestone, describing it as a testament to the Company’s resilience, strategic focus and the confidence of its stakeholders.

“The receipt of our recapitalisation certificate from NAICOM is a significant milestone for Sovereign Trust Insurance Plc. It reflects the strength of our business, the confidence of our shareholders and the dedication of our Board and employees to building a stronger and more resilient insurance institution.

“This achievement positions us for the next phase of our growth journey. We remain committed to strengthening our capacity to underwrite risks, deepening our market presence, enhancing our service delivery and creating greater value for our policyholders and stakeholders.

The recapitalisation milestone also underscores STI’s commitment to supporting the development of Nigeria’s insurance industry by maintaining strong corporate governance, improving operational efficiency and providing innovative insurance solutions that respond to the evolving needs of individuals, businesses and institutions.

With the certification, Sovereign Trust Insurance Plc is poised to further leverage its strengthened capital base to pursue strategic growth opportunities, enhance its underwriting capacity and reinforce its position as a trusted partner in risk management.

The Company appreciates its shareholders, Board of Directors, management, staff, regulators, business partners, brokers, agents, customers and other stakeholders for their continued confidence and support throughout the recapitalization process.

The post Sovereign Trust Insurance Receives NAICOM Recapitalisation Certificate appeared first on Business Today NG.

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