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FirstBank appoints Julius Omodayo-Owotuga as Executive Director

FirstBank of Nigeria Limited, a subsidiary of First HoldCo Plc, has appointed Dr. Julius B. Omodayo-Owotuga as Executive Director effective May 13, 2026, strengthening leadership in finance, governance, risk, and transformation. The appointment, disclosed through the Nigerian Exchange, also highlighted…

Billionaire Femi Otedola buys £53 million 10-bedroom mansion in London

Nigerian businessman, Femi Otedola, has reportedly acquired a mansion in London valued at £53 million, further strengthening the presence of wealthy Nigerian investors in the United Kingdom’s luxury property market. According to a report by Bloomberg on Thursday, the property…

Yusufu Bala Usman Institute Chairman, Dr. Samuel Olusegun Osoba, Dies at 92

The Yusufu Bala Usman Institute has announced the death of its Chairman, Dr. Samuel Olusegun Osoba, who passed away peacefully on Wednesday, at his residence in Ijebu Ode. He was 92 years old. In a statement signed by the Institute’s…

Lagos residents protest prolonged blackout at Ikeja Electric office

Residents of the Agbado area of Lagos State on Wednesday protested at the office of Ikeja Electric over prolonged power outage affecting the community. The protesters, largely made up of women, reportedly blocked the entrance to the electricity distribution company’s…

EFCC arrests Energy Commission DG over alleged N500 billion fraud

The Economic and Financial Crimes Commission (EFCC) has arrested the Director-General of the Energy Commission of Nigeria (ECN), Mustapha Abdullahi, over alleged money laundering and fraud involving about N500 billion. Mr Abdullahi was arrested in Abuja and is currently in…

Frank Edoho confirms divorce proceedings after two-year of private struggle

Veteran broadcaster and media personality, Frank Edoho, has publicly addressed his ongoing divorce proceedings, describing his current life stage as a dignified path toward emotional peace… In a series of statements shared via social media, the veteran presenter revealed that…

2027: NDC pegs presidential forms at N60m, governorship at N30m

The Nigeria Democratic Congress on Tuesday released the schedule for the conduct of its primary elections, with presidential hopefuls expected to pay N60 million to secure their nomination and expression of interest forms ahead of the 2027 general elections. NDC…

NCAA defends Air Peace over London flight disruption

The Director-General of the Nigeria Civil Aviation Authority (NCAA), Chris Najomo, has defended Air Peace over the recent disruption of its London operations, insisting that the airline acted responsibly by grounding the aircraft after a technical issue was discovered. Speaking…

Xenophobia: FG should nationalise MTN, other South African companies — Oshiomhole

The senator representing Edo North, Adams Oshiomhole, has defended his call for the nationalisation of MTN and other South African-owned companies operating in Nigeria, saying the country must prioritise the lives of its citizens over foreign investment. He made the…

Tinubu approves Nigeria’s bid to host 2026 CAF Awards ceremony

President Bola Tinubu has approved Nigeria’s proposed bid to host the 2026 CAF Awards ceremony. According to a statement by the Nigeria Football Federation (NFF), Tinubu also endorsed Nigeria’s proposal to host the CAF’s 48th Ordinary General Assembly later this…