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Femi Otedola Increases Stake in First HoldCo with N222bn Share PurchaseBillionaire businessman and First HoldCo Plc Chai...
30/07/2026

Femi Otedola Increases Stake in First HoldCo with N222bn Share Purchase

Billionaire businessman and First HoldCo Plc Chairman Femi Otedola has further strengthened his position as the company’s largest shareholder by acquiring an additional 1.77 billion shares through his investment vehicle, Calvados Global Services Limited.

According to a regulatory filing with the Nigerian Exchange (NGX), the transaction — valued at approximately N222.20 billion was executed on Thursday at N124.90 per share.

This latest purchase lifts Otedola’s total shareholding from about 9.99 billion to 11.77 billion shares, raising his ownership stake from 21.96% to roughly 25.88%. His investment in the financial holding company is now estimated at around N1.47 trillion.

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2027: Fight Terrorists, Not Opposition – ADC Tells TinubuThe African Democratic Congress (ADC) has asked President Bola ...
30/07/2026

2027: Fight Terrorists, Not Opposition – ADC Tells Tinubu

The African Democratic Congress (ADC) has asked President Bola Tinubu to focus on addressing Nigeria’s worsening insecurity instead of preparing for the 2027 general election.

In a statement issued on Wednesday by Bolaji Abdullahi, its national publicity secretary, the opposition party criticised Tinubu’s recent declaration that he was prepared to “fight to the finish” politically, saying the president should be reflecting on his administration’s security record instead.

Tinubu made the remarks during a meeting with the leadership of the Catholic Bishops’ Conference of Nigeria (CBCN) at the State House in Abuja.

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APC North-West Begins Seven-State Tour for Tinubu, Uba Sani’s Re-ElectionAPC North West mobilises for TinubuThe All Prog...
30/07/2026

APC North-West Begins Seven-State Tour for Tinubu, Uba Sani’s Re-Election
APC North West mobilises for Tinubu

The All Progressives Congress (APC) North-West Zone has announced plans to embark on a mobilisation tour across the seven states in the region as part of efforts to consolidate support for President Bola Tinubu’s re-election bid and strengthen the party ahead of the 2027 general elections.

The decision was reached during a meeting of the zonal leadership at the party’s headquarters in Kaduna, where members reviewed the political landscape and resolved to intensify grassroots engagement. The meeting was chaired by Zonal Secretary Isah Achida in the absence of National Vice Chairman (North-West), Garba Datti.

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Osun Guber: How Police Commissioner ordered SSG Igbalaye’s arrest at INEC meeting – SpeakerThe Speaker of the Osun State...
30/07/2026

Osun Guber: How Police Commissioner ordered SSG Igbalaye’s arrest at INEC meeting – Speaker

The Speaker of the Osun State House of Assembly, Adewale Olumide Egbedun, has given his own account of what led to the arrest of the Secretary to the State Government, Alhaji Teslim Igbalaye, on Wednesday.
Recall that on Wednesday, the Osun State Police Command arrested several suspects, including Igbalaye, following an operation linked to an alleged vote-buying investigation in Osogbo.

The police said the arrests were carried out during an operation in which officers also recovered millions of naira, electoral materials and other exhibits.

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South Africa thinks we’re fools’ – Nigerian celebrities launch campaign against Tyla’s Lagos showNigerians, especially c...
30/07/2026

South Africa thinks we’re fools’ – Nigerian celebrities launch campaign against Tyla’s Lagos show

Nigerians, especially celebrities, have launched a campaign against singer Tyla’s upcoming concert in Nigeria amid ongoing xenophobic attacks on foreigners in South Africa.

Tyla is from South Africa, where several Nigerians have been killed in ongoing xenophobic attacks against immigrants in other African countries.

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City Boy Movement Defends Lagos CP’s Presence at InaugurationThe City Boy Movement has responded to criticism over the a...
30/07/2026

City Boy Movement Defends Lagos CP’s Presence at Inauguration

The City Boy Movement has responded to criticism over the attendance of Lagos State Commissioner of Police, CP Tijani Fatai, at the inauguration of its Lagos State chapter held in Ikeja on Tuesday.

A video of the event, which circulated widely on social media, showed the police chief arriving at the venue, exchanging pleasantries with dignitaries, and walking through the gathering alongside security personnel. The footage sparked concerns about alleged partisan involvement by the police ahead of the 2027 general elections.

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With Chizi Onwudiwe – I just got recognised as one of their top fans! 🎉
30/07/2026

With Chizi Onwudiwe – I just got recognised as one of their top fans! 🎉

With Kodak Testimony Silva – I just got recognised as one of their top fans! 🎉
30/07/2026

With Kodak Testimony Silva – I just got recognised as one of their top fans! 🎉

29/07/2026

A lodge collapsed in Oko, Anambra State. ă‚š

Army colonel killed after resisting abduction in AbujaAbdulsalam Ude, a colonel with the Defence Intelligence Agency (DI...
29/07/2026

Army colonel killed after resisting abduction in Abuja

Abdulsalam Ude, a colonel with the Defence Intelligence Agency (DIA), has been killed after resisting an attack by gunmen at his residence in Abuja.

J.E. Oti, acting assistant director of protocol at the DIA, in a statement on Tuesday, said the assailants attempted to abduct Ude shortly after he arrived at his residence in Phase 5, Army Housing Estate, Kurudu, on the outskirts of Abuja at about 10:45pm on Monday.

Every effort is being made to identify, arrest and prosecute those responsible.

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