
First HoldCo to Share 60% of Annual Profit with Shareholders
First HoldCo will distribute at least 60% of its annual profit as dividends, a positive shift for shareholders after not receiving dividends last year.
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First HoldCo will distribute at least 60% of its annual profit as dividends, a positive shift for shareholders after not receiving dividends last year.

Seplat Energy has agreed to sell a 10% interest in its joint venture with NNPC for $281.6 million. The deal will help reduce debt and provide dividends to shareholders.

The Nigerian Association of Resident Doctors warns of a nationwide strike starting August 10 due to unpaid salaries and welfare concerns. They demand urgent government action.

A video of Simon Mudi, a Delta State Governor's aide, being attacked at a political meeting has sparked fears about safety as the 2027 elections approach.

The EFCC has handed over an additional ₦42 million to businessman Ebesunun Edonojie, bringing total recoveries in a cement fraud case to ₦158 million.

Lagos State Government reported ₦1.685 trillion in revenue for the first half of 2026, spending 91% of it. The state relies heavily on internally generated revenue.

John Akpanudoedehe, ADC governorship candidate, alleges a plot involving government agents to change party candidates. He warns members of potential infiltration.

Police in Benue State arrested Joro Jarkata, 20, for supplying arms to bandits. He was caught with 115 rounds of ammunition during a police operation.

Nigeria's culture is facing serious challenges as violence and crime rise. This shift raises questions about the values that once defined the nation.

Uche Nnaji is at risk of jail time for forgery and money laundering. He was charged by the ICPC after a two-year investigation into his actions.

A body was found hanging in an uncompleted building in Niger. Authorities are investigating the incident as a possible suicide.

Colonel Mohammed Ma’aji's ambition for promotion led him to plot a coup against President Tinubu. After failing twice, he revived his plans amid poor military conditions.