•……… Targets N365 billion by way of a Rights Issue as subset of Programme Lagos, Nigeria – March 28, 2024: Access Holdings Plc, one of Africa’s leading financial groups, has unveiled plans to establish a Capital Raising Programme of up to US$1,500,000,000.00 (One Billion, Five Hundred Million United States Dollars) or its equivalent (‘the Programme’)….
A State High Court sitting in Jigawa, presided over by Justice Musa Ubale, on Thursday, sentenced 25-year-old Aminu Ali to life imprisonment for raping and sodomising a 10-year-old boy (name withheld). Ali, who hails from Aukayawa Quarters in the Gwaram Local Government Area of the state, was found guilty by the court after the prosecution…
By Luminous Jannamike The Editor of FirstNews Newspaper, Mr. Segun Olatunji, has claimed that his recent abduction and detention are connected to his journalistic work, which displeased certain powerful individuals. This revelation came following his release after a harrowing twelve-day confinement. “I was at home with my son on Friday, March 15, watching ‘Journalists Hangout,’…
Access Holdings Plc (“The Group”) has announced its audited Consolidated and Separate Financial Statements for the year ended December 31, 2023. In the year under review, the Group recorded a robust growth in its Profits Before Tax, posting a healthy N729 billion, representing 335% year-on-year (YoY) increase from 2022. Access Holdings’ Gross Earnings also surged…
In a strategic move to bolster the nation’s economic governance frameworks and ensure robust and coordinated economic planning and implementation, President Bola Ahmed Tinubu has approved the establishment of the Presidential Economic Coordination Council (PECC) and the creation of the Economic Management Team Emergency Taskforce (EET). The Presidential Economic Coordination Council (PECC) comprises distinguished leaders…
Lagos State Governor, Babajide Sanwo-Olu A woman identified as Elizabeth Davis, who lost her baby just after delivering prematurely at the Ajeromi General Hospital in the Ajegunle Area of Lagos State, has been detained by the management over her inability to settle her medical bill of N323,000. This is despite the state’s directive to all…
The Eko Electricity Distribution Company (EKEDC) says it has relieved Tinuade Sanda from her role as managing director (MD) and chief executive officer (CEO). According to a statement by EKEDC’s board of directors, this follows the redeployment of Sanda back to WPG Ltd, the core investor who approved her to join the electricity distribution company…
The federal government says Ahmad Gumi, the Kaduna-based Islamic cleric, has been invited for questioning over his comments on the activities of bandits in the country. Mohammed Idris, minister of information and orientation, spoke on Monday while addressing journalists at the State House, Abuja. Idris said Gumi is not above the law, noting that the…
Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announced the successful entrepreneurs in its tenth selection for the TEF Entrepreneurship Programme. This new cohort brings to 20,000, the number of young African entrepreneurs who have received funding, mentoring, and capacity-building support from the Foundation, double the…
Nadeem Anjarwalla, one of the two Binance executives detained in Nigeria for alleged tax evasion and other offences, has escaped from lawful custody, those familiar with the matter have told PREMIUM TIMES. Our sources said Mr Anjarwalla, 38, escaped on Friday, 22 March, from the Abuja guest house where he and his colleague were detained after guards…
