MTN in talks to acquire IHS towers in potential $2.76bn buyout

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MTN

MTN Group, Africa’s largest mobile network operator, is in advanced negotiations to acquire the remaining 75 per cent stake in IHS Towers that it does not already own, in a deal that could value the telecoms infrastructure company at about $2.76 billion. Reuters reported on Thursday that MTN is discussing a possible buyout of IHS Holdings, the parent company of...

Lagos Assembly audits 57 LGAs, LCDAs accounts

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Principal officers, Boarding, Alimosho, Commissioner nominees, Lagos Assembly

The Lagos State House of Assembly has commenced an audit of 20 Local Government Areas (LGAs) and 37 Local Council Development Areas (LCDAs) as part of efforts to strengthen accountability at the grassroots. The Chairman of the House Committee on Public Accounts (Local), Nureni Akinsanya, made this known at the Assembly Complex in Ikeja on Wednesday, February 4, 2026. Akinsanya said...

Nwabali leaves South African club Chippa United

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Nwabali

Chippa United in South Africa have confirmed that Super Eagles goalkeeper Stanley Nwabali has left the club. Chippa announced this in a statement on Thursday, saying Nwabali formally submitted a request to leave and, following internal deliberations, the club management agreed to grant his release. The club stated: “Chippa United Football Club confirms that Stanley Nwabali has formally submitted a request...

Nollywood actress Aunty Ajara dies after illness

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Nollywood actress Ajara Lasisi, popularly known as Aunty Ajara, has passed away following a prolonged illness. Her death was announced on Thursday by Nollywood director Tobi Oladele Teemony, also known as Tee Mony, in a statement shared on Instagram. “With heavy hearts, we announce the passing of our beloved actress, Aunty Ajara. She passed on overnight after a long and courageous...

5,000 police officers set to retire in 2026 — NPF

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No fewer than 5,000 officers of the Nigeria Police Force are expected to retire in 2026, the Commissioner of Police in charge of Pensions at Force Headquarters, DCP Sani Doki Yusuf, has disclosed. Yusuf spoke on Wednesday in Kano during the North-West Pre-Retirement Seminar organised by NPF Pensions Limited for officers due for retirement next year. He said the seminar was...

Our son didn’t walk out alive after police torture — Family

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The family of 24-year-old Patrick Peresousdei has accused operatives of the Bayelsa State Police Command of torturing him in custody, allegedly leading to his death shortly after his release. Patrick reportedly died last week, just six days after he was freed from detention at the police tactical unit known as Operation Puff Adder. While the police have denied responsibility, the incident...

Repairs: Lagos govt shuts Apongbon Bridge for 6 weeks

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Lagos, Independence Bridge

The Lagos State Government has announced a traffic diversion to enable the Federal Ministry of Works to carry out repair works on the Apongbon Bridge. The Lagos State Commissioner for Transportation, Oluwaseun Osiyemi, announced this via a statement issued on Wednesday, February 4, 2026. Osiyemi said the repairs would be carried out on the failed asphalt sections of the ramp/service lane...

How terrorists killed 75 in Kwara communities — Monarch’s brother

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Camp, Immigration facilities, Bandits

Fresh details have emerged on the attack on Woro and Nuku communities in Kaiama Local Government Area of Kwara State by terrorists. A younger brother to the traditional ruler of Woro, Ali Umar, disclosed on Wednesday that the terrorists invaded the community at about 5:00 p.m. on Tuesday, February 3, 2026. Umar said the assailants arrived on motorcycles and surrounded the...

Stock market investors gain N1.37trn in one day

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Sell-offs, UCAP, Seplat, Investors, MTN, Stock market

The Nigerian stock market closed bullish on Wednesday, February 4, 2026, adding N1.37 trillion to investors’ wealth. This positive performance was driven by increased demand for blue-chip stocks and the release of companies’ annual financial reports on the Nigerian Exchange Limited (NGX). The market capitalisation, which opened at N106.494 trillion, closed at N107.861 trillion, representing an increase of N1.37 trillion or...

Man City thrash Newcastle to reach Carabao Cup final

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Carabao Cup final

Manchester City will face Arsenal in the Carabao Cup final after ending Newcastle's reign as holders with a 3-1 victory at the Etihad Stadium on Wednesday. City completed a 5-1 aggregate win over Newcastle, following a 2-0 victory in the first leg. Egypt forward Omar Marmoush scored twice early on before Tijjani Reijnders put the outcome beyond doubt before the first...