By Ayomide Otitoju Femi Otedola, Chairman of First HoldCo Plc, on Wednesday acquired additional shares in the company valued at about N43.41 billion. The transaction was disclosed in a regulatory filing submitted to the Nigerian Exchange Limited and signed by the group company secretary, Abiola Baruwa. According to the filing, the acquisition was executed on…
By Ayomide Otitoju Polaris Bank has partnered with Cyclotron Cycling Development Initiatives to strengthen “LiveWell by Polaris,” the bank’s flagship wellness programme focused on promoting healthy living, preventive healthcare, and overall wellbeing among employees, customers, and communities across Nigeria. The partnership was unveiled during a ceremony at the bank’s headquarters in Lagos, where both organisations…
LeBron James said he will take time to reflect on his future after the Los Angeles Lakers were eliminated from the NBA playoffs on Monday following a 115-110 defeat to the Oklahoma City Thunder, who completed a 4-0 series sweep in the Western Conference semi-finals. The 41-year-old forward produced 24 points and 12 rebounds in…
Turkey and Armenia are set to formally resume bilateral trade after a 33-year suspension, marking a significant step in efforts to normalise relations between the two neighbours, a Turkish foreign ministry spokesman said on Wednesday. Turkey closed its border with Armenia in 1993 in support of Azerbaijan during its conflict with Armenia over the Karabakh…
By Ayomide Otitoju At the 12th Africa Magic Viewers’ Choice Awards (AMVCA), Uzor Arukwe clinched the Best Lead Actor award for his role in the fantasy epic Colours of Fire. Arukwe was honoured for his portrayal of Akinbode in the film directed by Niyi Akinmolayan, edging out strong contenders including Lateef Adedimeji, Mike Ezuruonye, Kanayo…
By Ayomide Otitoju The Federal High Court in Abuja on Wednesday sentenced former Minister of Power, Saleh Mamman, to 75 years’ imprisonment in absentia over ₦33.8 billion money laundering charges linked to the Zungeru and Mambilla hydroelectric power projects. Justice James Omotosho delivered the judgment after finding Mamman guilty on all 12 counts filed by…
US President Donald Trump arrived in Beijing on Wednesday for a high-stakes summit with Chinese President Xi Jinping aimed at easing tensions between the world’s two largest economies. The summit comes amid mounting disagreements over trade, Taiwan, artificial intelligence, and the ongoing conflict involving Iran. Ahead of the talks, Trump appeared focused on economic and…
By Ayomide Otitoju The Nigeria Democratic Congress has fixed ₦60 million as the total cost for aspirants seeking to contest its presidential ticket ahead of the 2027 general elections. According to the party’s timetable and schedule of fees released on Tuesday, presidential aspirants will pay ₦20 million for the Expression of Interest Form and ₦40…
By Ayomide Otitoju Promasidor Nigeria has secured three major industry recognitions, reinforcing its position in Nigeria’s fast-moving consumer goods sector and highlighting the growing influence of its flagship dairy brand, Cowbell. At the Industry Awards, Promasidor Nigeria was named “Outstanding Dairy Company of the Year,” while Cowbell emerged as “Dairy Brand of the Year.” The…
