In line with the Nigerian Exchange Limited (NGX) Rulebook, we wish to inform NGX and the investing public that First HoldCo Plc has successfully completed the full divestment of its 100% ownership in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. This transaction has been finalized after obtaining all necessary regulatory approvals from the Central Bank of Nigeria.For First HoldCo Plc Abiola BaruwaGroup Company Secretary
Author: Lilian Azuh
Across Nigeria, progress is increasingly driven by access to the tools that help people learn, earn, and participate fully in a modern economy. Over the past year, CREDICORP has supported thousands of Nigerians to acquire the assets that make daily life easier, from mobility solutions that shorten commutes and increase productivity to renewable energy systems that keep homes and small businesses powered and productive. Each intervention has shown the same outcome: when Nigerians are allowed to access essential tools through fair and responsible credit, their lives improve rapidly. Today marks an important expansion of that mission. CREDICORP is launching a national digital device…
Of all the sectoral increases in Governor Chukwuma Charles Soludo’s ₦757.9 billion “Changing Gears 3.0” budget, none carries more game-changing weight than the 26.7% year-on-year surge for the Economic Sector. This obviously goes beyond just an incremental boost to prove resolutely that Anambra is deliberately pivoting from a commercial-trading hub into a full-blown industrial and innovation powerhouse. After three-and-a-half years of laying foundations (roads, security, power sector reform, ease-of-doing-business improvements), 2026 is the year the state begins to harvest the economic dividends of those investments. The 26.7% increase is the financial ignition key for the next phase of Anambra’s journey…
When a strange event happens once or twice, one can describe it as a coincidence, but when it happens more than three times, it’s beyond a coincidence; it has become a habit or reality. This is what best describes the decisions taken by President Bola Ahmed Tinubu in ending insecurity in Nigeria and the spiritual directives that have been given by Primate Elijah Ayodele at different times about ending insecurity in the country. It is no news that the security system of the country has deteriorated due to the influx of kidnapping events and bandit activities across the nation. For…
The Alternative Bank (AltBank) has emphasised its commitment to tailored export-finance solutions for MSMEs in across the health, education, agriculture, renewable energy and transportation value chains. The pledge, which comes on the backdrop of the ongoing Nigeria International Trade Fair 2025, reinforces the Bank’s role as a key driver of economic expansion and a catalyst for stronger trade systems across the country. The NITF is being hosted at a pivotal time, with Nigeria’s trade potential poised forexponential growth. In 2025, the country’s merchandise trade reportedly soared to ₦38 trillion, setting the stage for a new era of export-led growth. Non-oil…
The Free Psychiatric Hospital The Psychiatric Hospital and Elderly People’s Home built in Aguleri, Anambra State, by the Founder of Seraphic Homes Foundation (SHF), Evangelist Chukwuebuka Anozie Obi, has started operations. Speaking to journalists in his office in Lagos on Saturday, Evangelist Ebuka Obi, who is also the Spiritual Director of Zion Prayer Movement Outreach, said two mentally challenged people, a man and a woman, had already been admitted to the hospital after being rescued from the streets Of Anambra by the Rescue team set up by the Seraphic foundation. The man was picked up from Nteje community while the…
Ademiluyi A former judge of Prince George’s County in Maryland, United States, April Ademiluyi, discusses her entry and exit from the judicial system with BIODUN BUSARI. What would you say about your childhood? I was born in the United States. My parents are from Lagos, Nigeria. My father lives in Lagos, but my mother is here with me in the States. She raised my two siblings and me, who were also born here. I can say that, as a Nigerian, I had difficulties with the acceptance of other cultures. For example, Black Americans didn’t quite accept my family as Africans.…
Australian flag Australia’s under-16 social media ban will make the nation a real-life laboratory on how best to tackle the technology’s impact on young people, experts say. Those in favour of the world-first December 10 ban point to a growing mass of studies that suggest too much time online takes a toll on teen wellbeing. But opponents argue there is not enough hard proof to warrant the new legislation, which could do more harm than good. Adolescent brains are still developing into the early 20s, said psychologist Amy Orben, who leads a digital mental health programme at the University of…
Finance minister, Edun Against the backdrop of the declaration by the Federal Government that Nigeria’s economy has turned the corner to stability and recovery, going by some macroeconomic indicators, current trend in foreign investments inflow has indicated that foreign investors are yet to buy into the position. Financial Vanguard findings from the latest Central Bank of Nigeria, CBN, data on foreign capital importation so far in 2025 show that the share of foreign portfolio investment (FPI) component is still predominant while that of foreign direct investment (FDI) is shrinking. The FPIs are short term easy-in-easy-out foreign financial assets that have…
Ebuka Nigerian media personality and host of Big Brother Naija, Ebuka Obi-Uchendu, will this week grace the studios of CNN International ‘s magazine show, African Voices. The 30-minute no-holds-barred show is sponsored by telecommunications giant, Globacom. Born on July 14, 1982, Ebuka, who was one of the housemates in the first edition of Big Brother Naija in 2006, transited from that outing to become the longest-serving anchor of the show. A Law graduate of the University of Abuja, Ebuka has also anchored Rubbin’ Minds on Channels Television and the Glo Show among others. He is also the holder of a Master’s degree…