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Terrorists Kill One, Torch Church, Police Station in Niger State

By Ayomide Otitoju Suspected terrorists have attacked Agwara Local Government Area of Niger State, killing one person and setting ablaze the United Missionary Church of Africa (UMCA) and the police station in the community. Confirming the incident, the Niger State Police Public Relations Officer, SP Wasiu Abiodun, said armed bandits invaded Agwara and launched an…

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Otedola Defends First HoldCo’s ₦748bn One-Off Loan Write-Off

By Ayomide Otitoju Billionaire businessman and Chairman of First HoldCo Plc, the parent company of First Bank of Nigeria, Femi Otedola, has defended the group’s decision to absorb a one-off loss of ₦748 billion arising from the recognition of legacy non-performing loans, describing the move as a deliberate balance-sheet clean-up rather than a sign of…

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SERAP Sues NNPC Over Alleged Missing ₦22.3bn, $49.7m Oil Funds

By Ayomide Otitoju The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over its alleged failure to account for ₦22.3 billion, $49.7 million, ÂŁ14.3 million and €5.2 million in oil revenues.In a statement issued on Sunday, SERAP Deputy Director Kolawole Oluwadare said the suit was…

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FCT Minister Seeks Jail for Striking FCTA Workers

By Ayomide Otitoju The Minister of the Federal Capital Territory, Nyesom Wike, has applied to the National Industrial Court (NIC) for an order to commit striking workers of the Federal Capital Territory Administration (FCTA) to prison for alleged disobedience of a court directive suspending their industrial action. The application followed the workers’ decision to resume…

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