FLASH: First HoldCo Denies Otedola, FG Involvement In N323.4bn Share Sale

First HoldCo Plc has officially denied reports linking its chairman, Femi Otedola, to the recent N323.4bn block sale of its shares, clarifying the actual parties involved in the transaction. In a statement signed by the First HoldCo’s Company Secretary, Adewale Arogundade, on Friday, the company addressed rumours circulating in the print and digital media about…

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Spreading Falsehoods Online Is A Criminal Offence – Police Warn Nigerians, Deny Witch-hunting Critics

The Force Public Relations Officer, Olumuyiwa Adejobi, has cautioned Nigerians against spreading falsehoods, disinformation, mal-information, or distorting facts online, noting that they are criminal offense. In a video statement shared on the Nigerian Police Force’s X (formerly Twitter) account on Saturday, Adejobi emphasised the importance of fact-checking before sharing information, urging bloggers, journalists, and content…

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Sokoto Air Strikes Hit Associates Of Terrorists – Military Clears Air, Warns Against Disinformation

  Military authorities say airstrikes by a fighter jet in the Silame LGA of Sokoto did not target the civilian population. On Wednesday, there were media reports that airstrikes conducted by the air component of operation hadarin daji (OPHD) targeting the Lakurawa terrorist group had mistakenly killed civilians in the Gidan Sama and Rumtuwa communities….

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Nigerian SEC Proposes New Law For Crypto Influencers, Defaulters Face Up To 3 Years In Jail 

The Nigerian Securities and Exchange Commission (SEC) under Emomotimi Agama has proposed a new law aimed at combating the issue of crypto influencers using their influence to promote dubious crypto projects. The new law requires every crypto platform or Virtual Assets Service Provider (VASP) to be registered with a license from the Nigerian SEC before…

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I’m Ready To Take Hard Decisions For Nigeria To Move Forward – Tinubu

President Bola Tinubu has expressed his readiness to make tough decisions necessary for national progress. He acknowledged the challenge of achieving national consensus on various issues but emphasized the importance of such decisions for the country’s advancement. Concluding his official engagements in China, President Tinubu met with the Nigerian community and members of the Nigerians…

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