Otedola raises FirstHoldco stake to 26% with N222bn share purchase

By Peter Egwuatu Femi Otedola, Chairman of First HoldCo Plc, has increased his stake in the financial institution after acquiring additional 1.779 billion shares valued at N222.209 billion. The acquisition was disclosed in a statement signed by the company’s Secretary, Abiola Baruwa, and filed with the Nigerian Exchange Limited (NGX) on Thursday. According to the […]
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2027: Don’t repeat 2015 mistake, vote wisely, Eze urges Rivers electorate

Says no individual can impose governor on the state By Daniel Abia PORT HARCOURT — A chieftain of the African Democratic Congress (ADC), Chief Eze Chukwuemeka Eze, has urged the electorate in Rivers State to vote wisely in the 2027 governorship election, saying the state should not repeat what he described as the mistakes of […]

IATA, AFRAA, AASA oppose airline charges for border security

By Dickson Omobola African Airlines Association, AFRAA, the Airlines Association of Southern Africa, AASA, and the International Air Transport Association, IATA, have urged African countries to implement the Advance Passenger Information, API, and Passenger Name Record, PNR, systems in accordance with International Civil Aviation Organisation, ICAO, standards and global best practices. API and PNR systems […]

2027: APC North-West rallies support for Tinubu, lauds Uba Sani’s vehicle donation

By Ibrahim Hassan-Wuyo KADUNA — The North-West chapter of the All Progressives Congress (APC) has announced plans to embark on a strategic tour of the seven states in the region to mobilise support for President Bola Tinubu ahead of the 2027 general elections. The decision was reached at a meeting of the party’s zonal leadership […]

ATM transactions rise 208% to N89trn

By Elizabeth Adegbesan The value of Automated Teller Machines (ATM) transactions grew sharply by 208.4 percent year-on-year (YoY) to N89.12 trillion in 2025 from N29.12 trillion in 2024. The Central Bank of Nigeria, CBN, disclosed this in its 2025 Annual Report noting that the increase in ATM transactions reflects user preferences, adoption of digital channels, […]

2027: INEC has no preferred candidate, says Amupitan

…Urges military personnel to remain neutral during elections By Kingsley Omonobi ABUJA — Chairman of the Independent National Electoral Commission (INEC), Prof. Joash Amupitan, has declared that the Commission has no preferred candidate in the 2027 general elections, stressing that its allegiance remains solely to the Constitution, the Electoral Act and the freely expressed will […]

Shettima: Nigeria accounts for 10.5% of Africa’s cancer burden

…Targets 30% reduction by 2030 By Folarin Kehinde ABUJA — Vice President Kashim Shettima has raised concerns over Nigeria’s growing cancer burden, disclosing that the country accounts for about 10.5 per cent of Africa’s cancer cases and deaths. He also announced the Federal Government’s target to reduce the country’s cancer burden by 30 per cent […]

Kirikiri Customs generates N19.4bn in June, seizes expired vape worth N809.7m

By Providence Ayanfeoluwa The Kirikiri Lighter Terminal Area Command of the Nigeria Customs Service (NCS) generated N19.4 billion in revenue in June 2026, representing a 35 per cent increase from the N14.36 billion recorded in the corresponding period of 2025. The Command also intercepted a 40-foot container loaded with expired disposable vape products with a […]

Sowore labels Alex Otti ‘massive scam’ over ₦200m billboard permit fee

The presidential candidate of the African Action Congress (AAC), Omoyele Sowore, has criticised Abia State Governor Alex Otti over the state’s newly announced political campaign advertising permit fees, describing the governor as a “massive scam.” Sowore made the remark in a post on his X handle on Thursday while reacting to the Abia State Government’s decision […]

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