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...
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...
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.
Works Minister David Umahi handed the N545 billion Carter Bridge reconstruction contract to CCECC and ordered an emergency closure of one Eko Bridge carriageway.
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 rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.
African nations including Tanzania, Botswana and Nigeria are threatening retaliatory action against South Africa over a fresh wave of xenophobic attacks targeting foreign nationals.