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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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Retired DSS Officer Arraigned Over Alleged IPOB Support

KEY POINTS Nwaogu Ihechimere Ezeakolam faces four charges over alleged IPOB membership and support. ...

Smuggling surge, revenue losses and succession plot threaten Nigeria Customs Service

Customs officers are allegedly guarding smugglers at night, a government revenue code is being used to steal billions, and a power struggle is brewing at the top of Nigeria Customs Service.

Reprisal attack kills several residents in Kogi communities after herder’s death

Several residents have been killed in a reprisal attack on Abugi, Kuchinda and Mikugi communities in Kogi State after a vigilante allegedly shot dead an unarmed herder.

Lagos short of 40,000 doctors as Sanwo-Olu warns of health funding gap

Lagos State needs roughly 40,000 more doctors and 40,000 nurses, Sanwo-Olu says, while its health sector needs at least N100bn above current budget provisions.

ICPC recommends prosecution of alleged PFIPC boss Adeyemi

The ICPC has recommended prosecuting Adeniyi Adeyemi, alleged head of the disputed PFIPC, telling President Tinubu in an interim report that flagged forged appointment documents.

Customs intercepts pump-action rifle parts at Tin Can Port

Nigeria Customs intercepted concealed pump-action rifle parts and seized ₦373.8 million in cannabis-infused products at Tin Can Port, with a principal suspect on the run.

Manufacturers’ confidence rebounds in Nigeria

Nigeria manufacturers' confidence rebounded in the second quarter of 2026, MAN says, though high borrowing costs, power shortages and taxation still weigh on factory operators.

Nigerian firms expect borrowing costs to ease within three months

Nigerian firms expect borrowing costs to fall within three months, the CBN survey shows, even as taxes, insecurity and high interest rates remain top concerns.

Adeleke urges Osun voters to reject APC, warns against return to half-salary era

Osun Governor Ademola Adeleke has called on residents to reject the APC at the August 15 poll, warning that a return to opposition rule would revive the half-salary era for civil servants.

Kano police arrest six over sale of unverified local medicine at ECWA Church

Kano police have arrested six members of the Brother Fall Legacy Foundation for allegedly administering and selling unverified locally made medicine at an ECWA Church in Challawa.

Security forces rescue 176 women and children kidnapped from Kwara’s Woro community

Security forces have rescued 176 women and children who spent six months in captivity after suspected Boko Haram terrorists abducted them from Woro community in Kwara State

EFCC freezes Osun state statutory allocation account 10 days before governorship election

The EFCC has directed First Bank to place a Post-No-Debit restriction on Osun State's statutory allocation account, 10 days before the August 15 governorship election.

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...