GLOBALINFO

Businessman and entrepreneur, Ben Murray-Bruce, has revealed that he started the Silverbird Group with a ₦20,000 loan from his siblings. Speaking during the Silverbird 45th Anniversary celebration in Lagos, Murray-Bruce reflected on the early stages of his entrepreneurial journey and emphasized the critical role family support played in building one of Africa’s recognized indigenous conglomerates. According to him, the financial assistance and encouragement he received from his siblings helped lay the foundation for what would eventually grow into a major media, entertainment, and business brand. Over the years, the Silverbird Group has expanded into various sectors including television, radio broadcasting, cinemas, pageantry, and entertainment events, becoming a prominent name in Nigeria’s media industry. Murray-Bruce used the occasion to encourage young entrepreneurs to value collaboration, persistence, and strong support systems while pursuing business dreams...

Nigeria has officially been confirmed as the host nation for the 2026 CAF Awards and the 48th CAF Ordinary General Assembly. The announcement marks a major achievement for Nigerian football and further strengthens the country’s position as one of Africa’s leading sports destinations. The prestigious Confederation of African Football (CAF) Awards celebrate outstanding achievements in African football, recognizing top players, coaches, clubs, and national teams from across the continent. In addition to the awards ceremony, Nigeria will also host the 48th CAF Ordinary General Assembly, an important gathering of football administrators and stakeholders from different African nations to discuss the future and development of the sport. The events are expected to attract football legends, government officials, international delegates, media organizations, and fans from across Africa and beyond. Sports analysts believe hosting the two major CAF events could provide economic, touris...

Nigerian billionaire businessman, Femi Otedola, has reportedly acquired shares in First HoldCo Plc worth more than ₦43 billion. The development marks another significant move by Otedola within Nigeria’s financial sector and has already attracted widespread attention from investors and market observers. The acquisition is expected to strengthen his influence within the company, which is one of the notable players in Nigeria’s banking and financial services industry. Market analysts say the investment signals strong confidence in the future of First HoldCo and could positively impact investor sentiment surrounding the company. Femi Otedola, known for his investments across sectors including energy, finance, and infrastructure, remains one of Nigeria’s most influential business figures. His business decisions often generate major reactions within the country’s corporate and investment landscape. Following the news, discussions have intensified around the possible long-term imp...

The Federal High Court sitting in Abuja has sentenced former Minister of Power, Saleh Mamman, to 75 years in prison over the misappropriation of public funds amounting to approximately ₦33.8 billion. According to reports, the conviction followed a high-profile corruption trial involving allegations of diversion and laundering of funds linked to government projects during his time in office. The case was prosecuted by the Economic and Financial Crimes Commission (EFCC), which accused the former minister of illegally handling billions of naira meant for public use. The court reportedly found him guilty on multiple counts related to corruption, financial misconduct, and abuse of office, leading to the lengthy prison sentence. The judgment has generated widespread reactions across Nigeria, with many citizens viewing it as a significant development in the country’s anti-corruption efforts. Observers say the ruling could send a strong message regarding accountability in public of...

The Inspector General of the Nigeria Police Force has reportedly directed that Point of Sale (POS) operators must no longer operate within 200 metres of police stations across the country. According to reports, the decision follows growing concerns and allegations of extortion activities allegedly linked to some POS operators around police facilities. Authorities believe the move will help reduce suspicious financial transactions, unauthorized charges, and other activities perceived to compromise the integrity of law enforcement environments. The directive is expected to affect numerous POS businesses situated close to police stations nationwide, especially in busy urban areas where such services are commonly used by residents and officers alike. The development has already sparked reactions among Nigerians, with some supporting the decision as a step toward curbing extortion and improving accountability, while others worry about the impact on small business owners who rely...