Telecoms operator Airtel Africa has revived plans for the initial public offering (IPO) of its mobile money business, which was previously rescheduled to the second half of the year. The public offering expected to value Airtel Money at around $10 billion, is moving closer to a London listing. The Financial …
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President Bola Tinubu’s Chief of Staff, Femi Gbajabiamila, has instituted a legal action against the purported Director General of the Presidential Foreign Promotion Council, Adeniyi Adeyemi. Gbajabiamila sued Adeyemi for alleged defamation. In the suit filed before a Federal Capital Territory, FCT, high court, Gbajabiamila is seeking N10 billion as …
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The Economic and Financial Crimes Commission, EFCC, on Thursday, July 16, 2026, re-arraigned Tunde Ayeni, before Justice Jude Onwuegbuzie of the Federal Capital Territory, FCT High Court, Apo, for fraud. Ayeni, a former Chairman, Board of Directors of the defunct Skye Bank Plc, (now Polaris Bank Limited), was re-arraigned on …
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A former National Vice Chairman (North-West) of the All Progressives Congress (APC), Salihu Lukman, has suspended his membership of the African Democratic Congress (ADC) and the opposition coalition ahead of the 2027 general elections. Newsextra24 reports that Lukman said his decision followed what he described as persistent hostility from former Kaduna …
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Pastor Enoch Adeboye, General Overseer of the Redeemed Christian Church of God (RCCG), has urged African Pentecostal leaders and scholars to develop practical solutions to Nigeria’s insecurity. Adeboye, represented by his Special Adviser on Administration, Prof. Dele Balogun, stated this on Thursday, while declaring open the International Conference on African …
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An Anambra State Children, Sexual and Gender-Based Violence Offences Court in Awka on Thursday remanded a 16-year-old boy over alleged defilement of an eight-year-old girl. The teenager is facing a one-count charge of defilement. The Chief Magistrate, Mrs U.E. Onochie, ordered that the defendant be remanded at the Awka Correctional …
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The Federal High Court, Abuja on Thursday ordered parties in a suit filed by Mr Sesugh Kaaba against the All Progressives Congress (APC) and the Independent National Electoral Commission (INEC) to maintain the status quo pending determination of the case. Justice Inyang Ekwo gave the order after counsel informed the …
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The Senate on Thursday confirmed the nomination of a former Vice-Chancellor of Federal University of Oye-Ekiti (FUOYE), Prof. Abayomi Fasina, as a non-career ambassador. Newsextra24 reports that the confirmation followed the presentation and adoption of the report by the Senate Committee on Foreign Affairs, chaired by Sen. Sani Bello, which …
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Justice Peter Lifu of the Federal High Court Abuja, on Thursday, July 16, 2026, adjourned the trial of the former Benue State governor, Gabriel Suswam till September 25, 2026, for adoption of final written addresses. Prosecution counsel, Rotimi Jacobs, SAN, at the start of the proceedings informed the court that …
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Moniepoint Group has named Rose Muturi as chief executive officer for its Kenya business, marking a key leadership appointment as the Nigerian fintech unicorn strengthens its expansion in East Africa following its acquisition of a 78% stake in Sumac Microfinance Bank in March. Muturi will oversee Moniepoint’s overall growth strategy …
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