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First Bank Holdings, Nigeria’s oldest bank, a battle of titanic proportions is brewing over the single largest shareholder of the bank. First Bank Holdings in its audited accounts for 2023 puts Femi Otedola, the bank’s chairman, as the single largest shareholder with a 9.41 percent stake in the financial institution. However, data from the Central Securities Clearing System (CSCS), the …

The recent anti-immigrant riots in the United Kingdom have deeply affected many communities, especially black and Muslim migrants.The unrest began after the tragic stabbing of three young girls—Alice Dasilva Aguiar, 9, Elsie Dot Stancombe, 7, and Bebe King, 6—during a Taylor Swift-themed dance and yoga class in Southport, northwest England, in late July. The attack, which also left 10 others …

TRIBUNAL SACKS ENUGU REP MEMBER, ATIGWE, DECLARES LP CANDIDATE, AGBO, WINNER The House of Representatives tribunal has sacked the member representing Igboeze North/Udenu federal constituency, Simon Atigwe. The tribunal also declared Dennis Nnamdi Agbo of the Labour Party, LP, the actual winner of the Igbo Eze North/ Udenu Federal constituency rerun election. The Independent National Electoral Commission, INEC, declared Atigwe …

UK WARNS CITIZENS AGAINST TRAVELLING TO SOME PARTS OF NIGERIA The United Kingdom has warned its citizens against travelling to several parts of Nigeria, noting that another wave of nationwide protests may erupt anytime with little notice. “Political rallies, protests and violent demonstrations can take place with little notice. Get advice on areas to avoid,” the Foreign, Commonwealth & Development …

HOW PROFESSOR YUSUF, ANTI-CORRUPTION PRETENDER, FLEECED NHIS, BY DAPO OKUBANJO In 2019, Usman Yusuf was finally eased out of the National Health Insurance Scheme after his indictment by a panel led by Hassan Bukar, which found him guilty of breaching provisions of the Public Procurement Act. But what many people are not privy to are the details of the misdemeanours …

NIGERIA’S TELECOM SECTOR IN ICU, SAYS MTN Karl Toriola, Chief Executive Officer of MTN Nigeria, has said the Nigerian telecom sector is in an Intensive Care Unit (ICU). Addressing a hybrid telecom investment forum virtually on Tuesday in Lagos, Toriola warned that the industry could collapse if urgent steps were not taken. While highlighting the challenges facing telecom operators, he …

WE’VE NOT FIXED OUR PETROL PRICE – DANGOTE REFINERY Reports had claimed that oil marketers projected that petrol from Dangote Refinery and Petrochemical would be sold at N600 per litre. However, Anthony Chiejina, group chief branding and communications officer of Dangote Group, said the Independent Petroleum Marketers Association of Nigeria (IPMAN) is not its business partner yet. “We have never …

WE’RE WORKING TO EXTRADITE SIMON EKPA THROUGH JUDICIAL PROCESS – GOVT OF FINLAND The Government of Finland on Tuesday said the judicial process has to be exhausted for Simon Ekpa, one of the leaders of Indigenous People of Biafra (IPOB), to be extradited from the Nordic country. Simon Ekpa has in various videos and online post instigated violence against Nigerian …

YOU CAN’T FIX ECONOMY WITHOUT NEW CONSTITUTION – MOGHALU TELLS TINUBU Former Deputy Governor of Central Bank of Nigeria (CBN), Kingsley Moghalu, has told President Bola Tinubu he cannot fix Nigeria’s economic challenges without a new constitution. Professor Kingsley Moghalu said Tinubu’s response to leadership and members of The Patriots that he would look at their request to give the …

MY WIFE’S ACTION IS UNNECESSARY – MAN WHOSE WIFE TORE HIS INTERNATIONAL PASSPORT Mr. Igiebor, the man whose wife tore his international passport at the Murtala Muhammed International Airport in Lagos State has spoken up in an interview making rounds on social media. The man claimed that his wife had access to his social media page without his knowledge and …