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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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Oyo Says Agricultural Investments Have Cut Food Prices

Oyo State’s agricultural investment reforms are stabilizing food prices as Governor Makinde credits farm hubs, private partnerships, and infrastructure upgrades.
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Lagos Begins Compensation for Oworonshoki Demolition Victims

Lagos begins Oworonshoki demolition compensation, balancing urban renewal with citizen welfare and long-term waterfront development goals.
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EFCC Recovers ₦500 Billion, Secures 7,000 Convictions — Tinubu

Tinubu says EFCC corruption recovery tops ₦500 billion with 7,000 convictions, underscoring renewed national momentum against graft.
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ASUU Strike Halts Universities as Government Tightens Grip

ASUU strike shuts Nigerian universities as lecturers protest unpaid salaries and government enforcement intensifies across campuses.
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Police Yet to Get Court Order on Tinted Permits

Nigeria Police clarify that no court order has reinstated tinted-glass permits, maintaining suspension until legal review is completed under Egbetokun’s directive.
Politics

FG to Arraign Activist Sowore Over Social Media Post

FG will arraign activist Omoyele Sowore over a social media post critical of President Tinubu, citing cybercrimes law, with X and Meta also named in the case.
Business

Otedola Raises Stake in First HoldCo by ₦2.01 Billion

Femi Otedola increases stake in First HoldCo by N2.01 billion, strengthening his hold in Nigeria’s oldest financial institution.
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Nigeria’s GDP Grows 4.23% in Q2, Surpassing Forecasts

Nigeria’s GDP grows by 4.23% in Q2 2023, exceeding expectations, with agriculture and services leading the charge.
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Abia Community Divided Over Ban On Native Doctors

Abia faces rising tension after the government banned the native doctors’ new yam festival, sparking disputes between cultural leaders and authorities.
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Nigerian Army Kills Militants, Frees Dozens in Raids

The Nigerian Army kills terrorists and rescues 39 hostages in raids that intensify counterterrorism efforts across northern states.
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Zamfara Nurses Strike as Union Presses Governor

Zamfara nurses strike after 24-hour ultimatum to Governor Lawal, demanding unpaid entitlements and better welfare conditions.
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Canoe Paddlers Find New Livelihood in Flooded Maiduguri

Maiduguri’s seasonal floods spark canoe paddling as a new urban trade, turning hardship into economic survival for residents and young entrepreneurs.
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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...
News

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...