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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...

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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FG bars non-PhD varsities from honorary doctorates

Education Minister Tunji Alausa unveiled new rules barring non-PhD universities from awarding honorary doctorates and requiring NUC clearance for every recipient ahead of conferment.

Umahi awards N545bn Carter Bridge rebuild to CCECC

Works Minister David Umahi handed the N545 billion Carter Bridge reconstruction contract to CCECC and ordered an emergency closure of one Eko Bridge carriageway.

Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.

Nestoil denies First Bank dividend blame, eyes legal action

Nestoil rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.

Ovia Steps Down as Zenith Bank Chairman After 12 Years

KEY POINTS Jim Ovia retired as chairman of Zenith Bank after completing the mandatory...

African nations threaten retaliation over S’Africa attacks

African nations including Tanzania, Botswana and Nigeria are threatening retaliatory action against South Africa over a fresh wave of xenophobic attacks targeting foreign nationals.

Gunmen Abduct Two IBEDC Workers in Ogun

KEY POINTS Two IBEDC workers were abducted by gunmen while on duty in Ogun...

NYSC Member, Three Others Killed in Bandit Attack on Katsina Highway

KEY POINTS Four people, including an NYSC member, were killed in a bandit attack...

Boko Haram Agrees to Release 50 Hostages Amid Fears for Hundreds Still Held

KEY POINTS A faction of Boko Haram agreed to release 50 women and children...

Police Launch Search for Abducted 17-Year-Old FUTO Student

KEY POINTS A 17-year-old student of Federal University of Technology Owerri was abducted in...

Ayeni Remanded in Kuje Over Alleged N8bn Money Laundering Case

KEY POINTS Tunde Ayeni has been remanded in Kuje prison after pleading not guilty...

Kano Set to Swear In New Deputy Governor Garo

KEY POINTS Murtala Sule Garo has been confirmed and is set to be sworn...

Latest articles

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...

Suspected Lakurawa Fighter Linked to Niger Mosque Attack

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

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...

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...