Category : Search result: ancestral land acquisition


Elumelu: Africa Can Own Its Strategic Resources

Tony Elumelu declares Africa's capacity to own and manage its resources as Heirs Energies completes a major $500 million acquisition in Seplat Energy, backed by African banks.

Family Seeks ₦2bn Compensation for LAUTECH Land

The Agunbiade family in Ogbomoso renews its plea for compensation from the Oyo State government for ancestral land acquired for LAUTECH over three decades ago. They question fairness after Osun State reportedly received ₦8bn.

Elumelu's $496m Seplat Deal Set to Boost Fortune

Billionaire Tony Elumelu expands his energy empire, acquiring a 20.07% stake in Seplat Energy for $496 million. The deal makes Heirs Energies the largest shareholder and is expected to significantly increase his net worth. Read the full details.

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.

Land Grabbing May End in Rivers with New Community Committee

Alesa community in Rivers State inaugurates a Land Development Committee to combat land grabbing and fraudulent sales, backed by the state government and traditional ruler. This new system aims to protect investors and ensure secure land transactions.

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

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.

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.

NICON Town Land Crisis Deepens as Residents Seek Full Trial

The land battle inside NICON Town Estate in Lekki intensifies as residents ask the Lagos High Court to discard an originating summons for a full trial. The case, filled with fraud allegations, is adjourned to February 2026.

Delta Land Disputes Kill 10 in Six Months

Delta State faces a surge in deadly land conflicts, with 10 killed in six months. Investigations reveal violence across multiple LGAs, armed invasions, and cult links. Read the full report.

Nicon Town Land Row: Court Adjourns Ruling to Feb 2026

A Lagos High Court will rule in February 2026 on whether a major land dispute in Lekki's Nicon Town Estate should proceed to full trial. Residents allege fraud in a 2010 sub-lease for 5,899sqm of communal land. Read the full details.

Vodacom Takes Control of Safaricom in $2.1B Deal

South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. Read the full analysis.

Page 1 of 4