Otedola Acquires N14.8bn First HoldCo Shares, Stake Hits 18%
Billionaire Femi Otedola consolidates control of First HoldCo, buying N14.8bn shares to raise his ownership stake above 18%. Discover the details of this strategic move.
Category : Search result: Meter Acquisition Fund
UAE's $1bn AI for Development Initiative Targets Africa
The UAE has launched a $1 billion 'AI for Development' initiative to finance AI projects in Africa, aiming to enhance digital infrastructure, government services, and productivity across the continent.
Audit Bill Stalled in Senate Since 2023, Risks Public Funds
AdvoKC Foundation warns Nigeria's Senate delay on the Audit Service Bill, 2023, weakens financial oversight, enabling theft. Urges immediate passage to protect public money.
LSSTF Launches Team to Monitor Security Assets in Lagos
LSSTF CEO Dr Ayo Ogunsan inaugurates a monitoring team to track vehicles and assets for the RRS, ensuring transparency and accountability in Lagos security funding. Read more.
2026 World Cup Winners to Get $50 Million Prize Money
FIFA announces a record $655 million prize fund for the 2026 World Cup, with winners earning $50 million. See the full breakdown for all 48 teams.
CFG Africa's ₦1bn Ethical Fund Targets 2026 Growth
CFG Africa unveils a ₦1 billion ethical fund for Sharia-compliant investments. Experts at the Lagos forum urge policy shifts to boost Nigeria's real economy. Discover the strategic path for 2026.
Warner Bros. rejects Paramount takeover, sticks with Netflix
Warner Bros. Discovery has officially rejected a hostile $108.4 billion bid from Paramount, stating its planned merger with Netflix offers superior value for shareholders. Get the full details on this major Hollywood power struggle.
N37.59tr Maritime Trade Renews Call for Local Shipping
Nigeria's massive N37.59 trillion sea trade in Q3 2025 highlights a critical need for a strong indigenous shipping industry. Experts warn of billions in annual losses and urge action on the dormant Cabotage Fund to reclaim maritime wealth.
Netflix Pledges Cinematic Future for Warner Bros Films
Netflix CEO Ted Sarandos promises to maintain theatrical releases for Warner Bros movies if the streaming giant's $83 billion acquisition succeeds. Read the full story.
LSSTF Boss Urges Innovation to Tackle Lagos Security
Lagos State Security Trust Fund's new CEO, Dr. Ayo Ogunsan, outlines a modern, collaborative strategy for tackling security challenges, including public donations and a major town hall meeting on December 11.
Trump to be Involved in Netflix-Warner Bros. Deal Review
US President Donald Trump says he will be involved in the regulatory review of Netflix's $83 billion bid for Warner Bros., citing market share concerns. Read the full story.
Man Apologises to Wizarab Over False Cancer Fund Claims
A Nigerian man retracts false allegations against influencer Wizarab, accused of tampering with funds for Aunty Esther's cancer treatment. Wizarab's detailed rebuttal highlights key inconsistencies.
Netflix Buys Warner Bros for $82.7bn, DStv Loses Channels
Netflix agrees to a historic $82.7 billion acquisition of Warner Bros. Discovery. The deal, set for 2026, will see 11 channels exit DStv and GOtv in Africa. Read the full story.
Churchill's Hermès Bag Stirs Reactions, Celebrities React
Nigerian businessman Olakunle Churchill trends online after flaunting a new Hermès bag. Celebrities like Cubana Chiefpriest & Eniola Badmus react. Read more details.
Arewa Youths Demand Forensic Probe of FIRS, RHIDF
The Arewa Consultative Youth Movement joins calls for a forensic audit of FIRS and the RHIDF, demanding Chairman Zacch Adedeji step aside. Read the full story on the growing national agitation.
Lawmaker seeks sack of Finance Minister over N4tr debt
Rep. Ikenga Ugochinyere calls for the dismissal of Finance Minister Wale Edun and FIRS Chairman Zacch Adedeji over N4 trillion unpaid contracts, accusing them of sabotaging Tinubu's agenda. Contractors protest non-payment.
France Boosts Nigeria's GBV Fight with Economic Empowerment Projects
France reaffirms commitment to Nigeria's fight against Gender-Based Violence, investing in 21 local projects across 16 states. Ambassador Marc Fonbaustier highlights economic autonomy as key to protecting women. Read more.
Netflix Acquires Warner Bros. in $72B Landmark Deal
Netflix strikes a $72 billion deal to acquire Warner Bros. studios and HBO Max, uniting iconic franchises. Learn how this reshapes streaming for Nigerian viewers.
Netflix Warner Bros. Acquisition Sparks Hollywood Fury
Netflix faces fierce criticism from Hollywood elites and lawmakers over its blockbuster acquisition of Warner Bros. Discovery. Discover why insiders call it a 'disaster' for cinema.
Tinubu Makes Fresh Appointments to Key Federal Boards
President Bola Tinubu has approved new appointments to the boards of UBEC, the Bank of Agriculture, and the National Agricultural Development Fund (NADF). Get the full list of appointees and their geopolitical zones here.
Netflix Buys Warner Bros in $72bn Mega-Deal
Netflix has purchased Warner Bros Discovery's film and streaming assets for $72 billion. This historic deal combines iconic franchises like Harry Potter and DC with Netflix's global platform, potentially altering Hollywood forever. Discover the details an
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix announces a historic $83 billion acquisition of Warner Bros. Discovery, reshaping the global entertainment landscape. Get the full details on this landmark deal.
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix agrees to acquire Warner Bros. Discovery for nearly $83 billion, the biggest entertainment merger since Disney-Fox. Details inside.
Akwa Ibom Pays N1.6bn Transport Refunds to Job Seekers
Governor Umo Eno approves over N1.6 billion in transport refunds for civil service CBT applicants. 12,000 candidates proceed to oral interviews in 2026. Read the full details.
SEC Alerts Public on Unregistered Glorious Wealth Fund
Nigeria's SEC warns against investing with Glorious Wealth Fund (GWF), an unregistered platform. Investors report inability to withdraw funds. Verify companies on SEC portal to avoid fraud.
TVET Initiative Pays Stipends to 42,000 Students
The Federal Government has started paying monthly stipends to over 42,000 students under the TVET initiative. Learn how this program supports skills acquisition and economic growth.
Executives: Data Discipline Unlocks Digital Revenue in Nigeria
At the Leadway Digital Growth Summit, industry leaders warned that Nigerian firms must adopt stricter data discipline and deeper collaboration to achieve measurable returns on digital marketing investments. Discover the key strategies.
SEC Flags Glorious Wealth Fund as Unauthorised
Nigeria's SEC warns against Glorious Wealth Fund (GWF), an unlicensed online investment platform. Learn the red flags of Ponzi schemes and how to protect your money.
Benue PDP Chief Rejects Northern Security Fund
PDP chieftain Bemgba Iortyom rejects Benue's inclusion in the Northern Security Trust Fund, calling it a flawed plan that diverts state resources. He criticises Governor Alia's priorities.
Eko DisCo: Free Meters Only Through Official Portal
Eko DisCo urges customers to apply for free prepaid meters only via its official portal, warning against third-party scams. Learn about the MAF Tranche B scheme and community engagement in Apapa.
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