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Monthly Archives: October 2021

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First Bank reacts to Otedola’s alleged takeover

  FBN Holdings Plc has said that it is not aware of billionaire, Femi Otedola’s widely-reported share acquisitions. Reports emerged on Friday that an entity owned by Otedola is behind a massive mop-up of the shares of FBN Holding, one of Nigeria’s tier one banks. The reports claim Otedola is ...

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Femi Otedola Reportedly Takes Over First Bank With ₦30bn

  Nigerian billionaire businessman and investor, Femi Otedola, on Friday, reportedly took over First Bank of Nigeria Plc. According to The Street Journal, Otedola took over the bank with the acquisition of about ₦30 billion worth of shares, making him the single largest shareholder of the bank. Otedola, being the ...

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Police launch manhunt for man who raped his 90-year-old mom

  Detectives have launched a manhunt for Patrick Mumo who ‘raped’ his 90-year-old mother on October 20, 2021, in Mbooni-Makueni county, before going into hiding. According to K24 Digital, the octogenarian was found in her bedroom by her eldest son writhing in pain, complaining of waist pains. In a report ...

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Nigerian Military Kills New ISWAP Leader, Mallam Bako

  The Nigerian Military has killed the new leader of the Islamic State of West African Province (ISWAP), Mallam Bako. He was killed two days ago as confirmed on Thursday in Abuja by the National Security Adviser, General Babagana Monguno (retd). Monguno made the disclosure while briefing newsmen after the ...

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Ensure Nothing Stops Anambra Guber Poll, Buhari Tells Service Chiefs

  President Muhammadu Buhari has directed the Armed Forces and other security agencies to ensure that nothing stops the November 6 governorship election in Anambra… President Muhammadu Buhari has directed the Armed Forces and other security agencies to ensure that nothing stops the November 6 governorship election in Anambra State. ...

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