Otedola’s N273.6bn First HoldCo Buying Spree Puts 30% Threshold in Sight
Billionaire businessman Femi Otedola has raised his stake in First HoldCo Plc to 27.70 per cent after spending N273.59bn on a series of share purchases, bringing him closer to the 30 per cent threshold that triggers a mandatory takeover offer under Nigeria’s capital market rules.
Read moreAtiku’s Fuel Subsidy Proposal Smacks of Political Opportunism, Tinubu Aide Says
Former Vice President Atiku Abubakar’s proposal to subsidise fuel production has drawn criticism from the Tinubu camp, which argues that the plan amounts to a return to the subsidy regime Nigeria abandoned in 2023.
Read more‘They Killed Eight Captives’ — Kwara Farmer Recounts Ordeal in Kidnappers’ Den
A Kwara farmer has recounted how kidnappers allegedly destroyed his family’s homes, farms and other property after abducting him, his brother and two workers.
Read morePolice Confirm Death of Osun Poly Student After NANS Convention Stabbing
Ademiju Ayeni, an Estate Management student of Osun State Polytechnic, Iree, died after being rushed to hospital with a stab wound sustained during a NANS convention.
Read more‘We Have No Authority Over Christians’ — Sokoto Hisbah Denies Worship Restrictions
Sokoto Hisbah Board has rejected claims that it banned mixed-gender worship in churches, saying its statutory mandate covers Muslims only.
Read moreShettima Leaves Abuja for Luanda as African Leaders Meet on Conflict Resolution
Vice President Kashim Shettima has departed Abuja for Angola to represent President Tinubu at an African Union summit addressing conflict prevention, resolution and peace in Africa.
Read moreDjokovic Targets US Open Glory at 39 as Serbian Eyes Record 25th Grand Slam
Novak Djokovic begins his US Open campaign at 39 with his sights set on a record 25th Grand Slam title and another place in tennis history.
Read moreTwo Feared Dead as Cutlass-Wielding Man Attacks Filmhouse IMAX in Lekki
Two people have been feared dead after a cutlass-wielding man reportedly attacked a security personnel and another individual at Filmhouse in Lekki, Lagos.
Read moreMussa, Lassa Abductions: Troops Launch Adamawa Offensive, Kill Over 21 Terrorists
Operation HADIN KAI troops have killed over 21 Boko Haram/ISWAP terrorists and dismantled their camp during an offensive in Adamawa State.
Read moreNFF Crisis: EFCC Keeps ₦12bn Probe Alive After Gusau’s Resignation
The EFCC says its investigation into the NFF’s use of a ₦12bn intervention fund remains ongoing after Ibrahim Gusau, Mohammed Sanusi and other federation officials resigned.
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