A court in Kwara State has sentenced pastor Ajiboye Olayinka to life in prison after finding him guilty of sexually assaulting three minors. The judgment followed a trial in which the court reviewed evidence presented against the defendant.The case involved charges of rape and illegal abortion. After considering the facts, the court concluded that the…
Femi Otedola, Chairman of First HoldCo Plc, has increased his holding in the company following a major share acquisition worth about ₦43.41 billion. The transaction was carried out on the Nigerian Exchange on May 13, 2026.The deal involved the purchase of 549,535,653 shares at an average price of ₦79 each. With this addition, Otedola’s total…
Aliko Dangote, President of Dangote Group, has disclosed that the company declined a request from the Nigerian National Petroleum Company Limited to expand its shareholding in the Dangote Petroleum Refinery. NNPC currently holds a 7.25% stake in the facility. According to Dangote, the group reviewed the proposal but decided against increasing NNPC’s participation beyond its…
A witness in the ongoing trial of former Attorney General Abubakar Malami has told the court that Zenith Bank submitted Suspicious Transaction Reports linked to the matter. The testimony was presented as part of evidence in the N8.7 billion money laundering case. According to the witness, the reports were filed in line with regulatory requirements…
Manchester United are in the final stages of negotiations to appoint Michael Carrick as the club’s permanent manager. Discussions have progressed positively, with both sides expected to finalize the agreement soon.If confirmed, Carrick is also set to hold talks over a new contract to outline his long-term plans with the club. The move reflects confidence…