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Otedola Raises First HoldCo Stake to 26.6% With Fresh N12.6bn Investment

KEY POINTS Otedola bought another 95.69 million First HoldCo shares for N12.58 billion. His total stake has risen to about 12.23 billion shares, or 26.6 percent. His First HoldCo holding is now worth approximately N1.61 trillion. Femi Otedola, chairman of First HoldCo Plc, has further...
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Suspected Lakurawa Fighter Linked to Niger Mosque Attack

KEY POINTS A suspected Lakurawa fighter identified as Mar Dego has been linked by local sources to Friday’s mosque attack in Dekera, Niger State. Gunmen reportedly abducted several worshippers during prayers. Community leaders are calling for increased security presence as authorities have yet to...

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SEC orders operators to freeze ISIS-linked accounts

Nigeria's SEC has ordered capital market operators to freeze assets linked to one Nigerian and three companies the US sanctioned over alleged ISIS financing.
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Wike Closes FCT Housing Committee Office

KEY POINTS Wike closes the old housing secretariat. New division takes over house sales. ...
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TIB Condemns Wanted Notice Against Lagos Activist

KEY POINTS TIB rejects the purported wanted notice. Ogunlami has opposed Oworonshoki demolitions. Group...
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Military Court Says Soldiers’ Frozen Bank Accounts Are Under Investigation

KEY POINTS Frozen accounts are still being investigated. CDS has been briefed repeatedly. Court...
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Security Forces Uncover Identities of Suspected Kidnappers Behind Enugu Catholic Church Attack

KEY POINTS Aliyu Mohammed, Usman Mohammed and Babuga Usman, with the latter reportedly killed...
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Police Declare Two Men Wanted as Woman Who Returned from Dubai Goes Missing in Lagos

KEY POINTS Chukwunyere Esther Chinaza, 26, has been missing in Lagos since June 22,...
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Ebonyi Assembly Caps Rent and Agent Fees

KEY POINTS Ebonyi caps estate agency fees at 2 per cent of transaction value. ...
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Troops Stop Herdsmen Attack in Benue, Recover AK-47

KEY POINTS Troops and police stopped an attack in Azege, Benue State. An AK-47...
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Visa processing shift won’t affect Abuja embassy operations, US says

The US Mission in Nigeria says moving routine visa processing from Abuja to a Lagos hub will not affect the Abuja embassy or valid visas.
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Visa applications from Nigerians to South Africa double despite xenophobia, envoy says

Visa applications from Nigerians to South Africa have almost doubled in recent months despite xenophobic attacks, the country's consul-general in Nigeria says.
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Nigeria registers 14.5m children in push for legal identity for every child

Nigeria has registered more than 14.5 million children under an intensified birth registration drive to give every child a legal identity, the NPC says.
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Delta Suspends Works Commissioner Over Alleged Assault

KEY POINTS Delta suspended Works Commissioner Izeze Reuben indefinitely. The move follows an alleged...
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Business

Otedola Raises First HoldCo Stake to 26.6% With Fresh N12.6bn Investment

KEY POINTS Otedola bought another 95.69 million First HoldCo shares for N12.58 billion. His...
News

Suspected Lakurawa Fighter Linked to Niger Mosque Attack

KEY POINTS A suspected Lakurawa fighter identified as Mar Dego has been linked by...
News

Troops Intercept Gun Runners, Rescue Six Kidnap Victims in Zamfara

KEY POINTS Troops arrested three suspected gun runners in Zamfara. An AK-103-2 rifle and...
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Lagos Electrician Alleges Four-Day Police Detention, ₦45,000 Extortion Over Missing Phone

KEY POINTS Lagos electrician Sunday Moses Olugbemi alleges police detained him for four days...