First HoldCo Sells FBNQuest to EverQuest in Banking Deal
First Bank's parent company completes sale of FBNQuest Merchant Bank to EverQuest Acquisition LLP, marking significant restructuring in Nigeria's banking sector. Learn the details.
Category : Search result: 496 million acquisition
FG Opens N50m Student Grant Portal for Entrepreneurs
Federal Government launches Student Venture Capital Grant portal offering up to ₦50 million equity-free funding for Nigerian student entrepreneurs in STEMM fields. Apply now!
$460m Abuja CCTV Project Failure Under Investigation
House of Representatives launches forensic investigation into failed $460 million CCTV project as Abuja faces worsening insecurity. Committee demands accountability.
Okorocha's Niece Charged in N17m Land Scam
Uche David Obinali, niece of ex-Governor Rochas Okorocha, faces fraud charges for an alleged N17 million land scam in Abuja. She pleaded not guilty and was granted bail. Read the full details.
Candy Bleakz robbed in Cape Town, police did nothing
Nigerian singer Candy Bleakz was robbed of N10 million jewelry in Cape Town while security operatives watched. Video goes viral as fans react to the shocking incident.
AfDB Approves $500m Loan for Nigeria Energy Reforms
African Development Bank approves $500 million loan to support Nigeria's energy sector reforms and climate action. Learn how this funding will transform Nigeria's power sector.
DJ Chicken Blasts Portable for Dragging Olamide
DJ Chicken condemns Portable's attack on Olamide, reveals singer gave him N8 million for royal chair. Watch viral video and see fan reactions.
Kidnappers Use Victim's Facebook to Demand N600m Ransom
Kidnappers in Kaduna have brazenly used a victim's phone to post photos on Facebook while demanding N600 million ransom for an Anglican vicar and his wife. Read the shocking details.
N600m Ransom Demand for Kidnapped Kaduna Priest
Bandits release photos of abducted Kaduna Anglican priest Ven. Edwin Achi and wife Sarah after demanding N600m ransom. The couple was kidnapped from Nissi community on October 28, 2025.
Paystack Fires Co-founder Over Sexual Misconduct
Paystack terminates Co-founder Ezra Olubi amid sexual misconduct allegations. The Nigerian tech giant escalates a controversy shaking Africa's startup ecosystem. Read the full story.
Paystack terminates CTO Ezra Olubi amid misconduct probe
Paystack has terminated co-founder Ezra Olubi's employment following sexual misconduct allegations. Olubi claims termination occurred before investigation concluded. Read full details.
FG Opens N50m Student Grant Portal for STEMM Students
Nigerian undergraduates in STEMM fields can now apply for up to N50 million equity-free funding from the Federal Government's Student Venture Capital Grant. Applications are open.
Yanga FM Makes History with ₦1 Million Giveaway
Yanga FM, Nigeria's first urban-pidgin radio station, has made broadcasting history by awarding ₦1 million to its first caller. Discover how this groundbreaking moment is reshaping Nigerian radio.
Nile University Fights Unemployment with Innovation
Nile University commits to fighting unemployment through hands-on entrepreneurship programmes and a new French-donated fabrication lab. Discover how they are shaping future leaders.
TETFund opens N1.39bn female hostel in Rivers
TETFund has commissioned a new N1.39 billion, 244-bed female hostel at Ken Saro-Wiwa Polytechnic, Bori, to ease student accommodation. The N50m student grant is also on track.
Lufthansa Bids for TAP Stake, Rivaling Air France-KLM
Germany's Lufthansa has officially entered the race to acquire a stake in TAP Air Portugal, competing with Air France-KLM. Discover how this move impacts European aviation and TAP's strategic routes to Brazil and Africa.
Bandits Kill Victim After N70m Ransom in Niger
Bandits brutally murdered Usman Buhari after collecting N70 million ransom from his family in Niger State. The victim was kidnapped along Mokwa-New Bussa Road. Read more about this tragic security failure.
Actor Taye Arimoro sues Peggy Ovire for ₦100m
Nollywood actor Taye Arimoro files lawsuit against Peggy Ovire demanding ₦100 million compensation for alleged assault and rights violation on movie set. Read full details.
Chinese Property Executive Detained in Indonesia Over $138M Debt
Indonesian authorities detain Chinese property executive WZ wanted for $138 million loan default. The fugitive had been moving through Asian nations since August. Read full details.
Zenith Bank to Acquire Paramount Bank in Kenya
Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.
Lagos APC Hails NELFUND's Vocational Training Loans
Lagos APC commends NELFUND for expanding student loans to vocational training, calling it a national game-changer for youth skills development and economic empowerment in Nigeria.
FG Opens N50m Student Venture Capital Grant Portal
Nigerian students can now apply for the FG's N50 million equity-free venture capital grant. Applications open at svcg.education.gov.ng for STEMM innovations with Google partnership benefits.
Kano revives 3 institutes, admits 1,000 beneficiaries
Kano State Government has revived three entrepreneurship institutes abandoned for eight years, admitting 1,000 new beneficiaries in poultry, journalism, and fisheries training programs.
Ondo Assembly Members Pass No-Confidence Vote on Speaker
Ondo State House of Assembly in crisis as 12 lawmakers pass vote of no confidence against Speaker Olamide Oladiji over alleged N50m misappropriation. EFCC investigation demanded.
FirstBank Lagos Open Golf Tourney: N34.5m Prize
Nigeria's top golfers battle for a record N34.5 million prize at the 64th FirstBank Lagos Open. The event tees off Monday at Ikoyi Club 1938. Don't miss the action!
Paystack suspends co-founder over misconduct claims
Paystack suspends co-founder Ezra Olubi following sexual misconduct allegations. Investigation launched as old controversial tweets resurface. Read full details.
Skills Revolution Needed to Solve Nigeria's Unemployment Crisis
Former Minister Adetokunbo Kayode advocates for national skills revolution to address Nigeria's 53.4% youth unemployment. Learn how skills development can transform the economy.
Zelensky sanctions associate in $100M fraud scandal
Ukrainian President Zelensky imposes sanctions on ex-business partner Timur Mindich amid a $100M energy sector fraud scandal. Key ministers resign as anti-corruption efforts intensify.
Pfizer buys Metsera in $10bn weight loss drug deal
Pfizer completes Metsera acquisition worth up to $10 billion, entering the competitive weight loss drug market. Learn how this deal positions Pfizer against Novo Nordisk.
Ukraine Ministers Quit Over $100M Corruption Scandal
Ukraine's energy and justice ministers resign amid major corruption scandal involving $100M kickback scheme. Read how this affects EU membership bid.
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