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FBN Shareholders Seek SEC Intervention In Takeover Bid

A coalition of minority retail shareholders in FBN Holdings Plc yesterday called on regulatory authorities to wade into alleged attempts by certain individuals to undermine the oldest financial services group in the country. Shareholders who staged a solidarity protest at the Marina, Lagos head office of FBN Holdings, said several …

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Navy Orders Release Of Arrested Vessel MT PRAISEL

The Navy has ordered the immediate release of MT Praisel vessel to continue its operations in line with extant approvals. Navy’s spokesperson, Commodore Ayo-Vaughan, said the order was issued around 7am on Monday.   Vaughan told The Nation that the order was issued after the Nigerian Midstream and Downstream Petroleum …

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Air France Suspends Flights To Burkina Faso, Mali

The French national carrier, Air France, has suspended flights to and from Mali and Burkina Faso. Air France made this known on Monday after the Niger Republic’s junta announced the closure of its airspace following the threat of intervention by the Economic Community of West African States (ECOWAS).   Reports …

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Tinubu Hails BUA Group CEO Abdulsamad Rabiu On 63rd Birthday

President Bola Tinubu has sent his goodwill message to frontline businessman and philanthropist, Abdul Samad Rabiu, founder of BUA Group and the Abdul Samad Rabiu Africa Initiative (ASR Africa) on the occasion of his 63rd birthday anniversary. President Tinubu praised the entrepreneurial ingenuity of the renowned industrialist and his abiding …

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