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Consolidated Hallmark Holdings: Major Shareholder Acquires N610.71 Million Worth of Shares

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Consolidated Hallmark Holdings Plc has reported a major share acquisition by its substantial shareholder, Sephine Edefe Nigeria Limited, in a transaction valued at N610.71 million. The notice, filed with the Nigerian Exchange on December 9, 2025, shows that the purchase was completed earlier in the year, between November 6 and 7.

According to the disclosure, Sephine Edefe bought a total of 150,793,257 units of the company’s shares at an average price of a little over N4.05 per share. Records show that the transactions were carried out in two blocks. The first tranche involved 78 million units at N4.04 per share, followed by 72.7 million units at N4.05.

A review of the company’s ownership structure indicates that the purchase strengthens the position of Mr. Eddie Efekoha, a director on the board, who holds his indirect stake in the firm through Sephine Edefe Nigeria Limited. With this fresh acquisition, his indirect interest has increased to 902,982,634 units. When combined with his direct holding of 1,040,000,000 units, his total stake now stands at 17.92 percent, measured against the company’s 10.84 billion outstanding shares.

The development comes shortly after the company released its nine-month financial results. The report showed a significant rise in insurance revenue, which climbed to N31.1 billion, compared with N19.9 billion recorded during the same period in the previous year. The improved earnings and increased shareholder activity mark a period of notable movement within the group’s investment and operational landscape.

U.S. State Department Revokes 85,000 Visas Amid Expanded Security Reviews

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The U.S. State Department has cancelled an estimated 85,000 visas within the past year, a figure that marks one of the most sweeping waves of revocations in recent history. The rise reflects a broader enforcement strategy under the Trump administration, which has tightened the scrutiny applied to visitors, students, and other foreign nationals seeking entry into the United States.

Officials describe the surge as part of a stronger effort to address public-safety concerns. They maintain that the expanded criteria allow the government to respond more quickly to potential risks. Immigration-rights advocates, however, caution that the new approach may capture individuals whose actions do not amount to genuine threats, raising the possibility of disproportionate consequences.

Of the total visas revoked, more than 8,000 belonged to international students. A State Department official confirmed that this figure is more than double the tally recorded in the previous year. The decisions were based on a range of allegations. Some involved offences such as driving under the influence, theft, or assault. Others resulted from changes in vetting procedures that place greater weight on indicators of possible security concerns, even when no criminal charges are present.

The expanded reviews form part of a broader shift in U.S. immigration policy, with consular posts and domestic agencies applying more intensive background checks and reassessing categories that were previously considered lower risk. The trend has introduced a new level of uncertainty for students, workers, and visitors whose immigration status depends on consistent compliance with the tightened standards.

Guinea-Bissau’s Junta Blocks Interim Leader From Future Presidential Race

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Guinea-Bissau’s military rulers have announced that the general appointed to lead the country during its transition will not be permitted to contest the presidency once civilian rule is restored. The declaration forms part of a new transition charter released this week, setting out the political framework for the junta’s one-year administration.

The army seized power on November 26 after removing President Umaro Sissoco Embalo in the aftermath of the disputed presidential vote. Once in control, the military suspended the electoral process and declared that it would govern for a full year before organising a fresh transition to civilian authority.

Shortly after the takeover, the junta appointed General Horta N’Tam as interim president. The move prompted speculation that Embalo had played a role in shaping the outcome by positioning an ally at the head of the interim government. The introduction of the transition charter has now clarified the limits placed on N’Tam and other key figures.

According to the document, both the interim president and the transition prime minister are barred from standing in future presidential or legislative elections. They are also prohibited from leading political parties during or after the transition period. These restrictions are presented as a safeguard intended to prevent the interim government from influencing the political process to its advantage.

The charter also outlines a plan to adopt an amnesty law covering individuals involved in the events of November 26, described as “acts of subversion of the constitutional order”. The provision signals an effort to stabilise the political environment and reduce the risk of retaliatory measures as the country moves through another period of military-led governance.

Guinea-Bissau, long affected by political instability and repeated coups, now enters another phase of uncertainty as its leaders attempt to define a path back to civilian rule while managing internal divisions and regional scrutiny.

US Postpones H-1B and H-4 Visa Interviews Amid New Online Screening Rollout

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  1. Applicants Rescheduled to Spring 2026 as Consulates Implement New Background Checks

WASHINGTON, D.C. — The United States has initiated widespread postponements of interviews for H-1B and H-4 visas, citing the need for consular posts to integrate new online screening requirements. This sudden shift has resulted in mass appointment cancellations, pushing many applicants’ interview dates well into the spring of 2026.

This disruption has created fresh uncertainty for thousands of workers and their families who depend on these non-immigrant visas to travel, start new jobs, or return to existing employment within the United States.

Disruption Hits Consulates Globally

Applicants first noticed the disruption in early December, when interview slots scheduled for mid- and late-month began disappearing from the online booking system. The cancellations have been particularly prominent at U.S. consulates in India, which are the busiest processing centers globally for H-1B (specialty occupation workers) and H-4 (dependents) visas.

Immigration law firm Fragomen confirmed that it had received numerous reports of abrupt rescheduling. Many affected applicants are seeing their appointments reassigned to dates as far out as March 2026.

Reason: New Government-Mandated Checks

U.S. consulates in affected regions have sent communications indicating that the delays stem from new, government-mandated background checks which are set to begin implementation on December 15.

While the specific details of the new online screening requirements have not been fully disclosed, the necessity of reconfiguring consular processing systems to accommodate these checks has led to the current interview bottleneck. The change underscores a heightened focus on security and comprehensive vetting within the U.S. visa process.

Burkina Faso Releases 11 Nigerian Military Officers Detained Over ‘Unauthorised’ Airspace Entry

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NAF C-130 Diverted to Bobo-Dioulasso Due to Alleged Technical Failure

ABUJA, NIGERIA — The diplomatic tension between Nigeria and Burkina Faso has eased slightly as Burkina Faso confirmed the release of 11 Nigerian military officers who had been detained after their aircraft made an unscheduled landing in the city of Bobo-Dioulasso.

The incident involved a Nigerian Air Force (NAF) C-130 military transport aircraft.

Conflicting Accounts of the Incident

The two West African nations provided conflicting accounts of the circumstances surrounding the landing:

  • Burkina Faso and the Alliance of Sahel States (AES) maintained that the Nigerian Air Force aircraft had violated their airspace by entering without the requisite authorization, leading to the detention of the personnel onboard.

  • Abuja (Nigeria), however, firmly maintained that the C-130 aircraft was forced to divert its flight path and make the unscheduled landing due to a technical failure.

The dispute over airspace sovereignty versus emergency diversion had escalated tensions, particularly given the current strained relationship between Nigeria (a key ECOWAS leader) and the AES nations (Burkina Faso, Mali, and Niger).

The release of the detained military officers signals a de-escalation of the immediate crisis, allowing diplomatic channels to continue addressing the underlying issues surrounding the flight and the differing accounts of its landing.

Atiku to Nigerian Youths: ‘Don’t Give Up’ — You Cannot Be Spectators in Your Nation’s History

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Former VP Urges Dialogue and Resolve in Building a United Nigeria

ABUJA, NIGERIA — Former Vice-President Atiku Abubakar has delivered a powerful message to Nigerian youths, urging them to resist despair and become active participants in shaping the nation’s future.

Abubakar made the appeal while delivering a keynote address on Monday, during the 28th anniversary commemoration of the passing of Shehu Musa Yar’Adua, a former Chief of Staff, renowned politician, and influential figure in Nigeria’s democratic history.

The Call to Action

The former Vice-President emphasized that the youth hold the key to the country’s unity and progress, asserting that withdrawal or apathy is not an option.

“Don’t give up on Nigeria,” Abubakar urged. “You can’t be spectators in your nation’s history.”

He called on the younger generation to rise above the current economic and political challenges by actively engaging in constructive nation-building. His message stressed the necessity of dialogue and resolve as the primary tools for forging a cohesive and prosperous Nigerian society.

The address positioned the late Shehu Yar’Adua’s legacy—characterized by bridge-building and unity—as a template for contemporary youth engagement. Abubakar, who was a political associate of Yar’Adua, used the anniversary to inspire a renewed commitment to democratic principles and national cohesion among the youth demographic.

Senator Abiru Empowers Lagos East: $₦$480M Grant Fuels 48 Cooperative Societies

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A Major Boost for Market Women, Farmers, and Artisans

Senator Tokunbo Abiru, representing the Lagos East Senatorial District, has launched a significant economic empowerment initiative by providing a collective start-up grant of $₦$480 million to 48 cooperative societies within his constituency.

The initiative is specifically designed to bolster grassroots economic activities across the 16 Local Government Areas (LGAs) and Local Council Development Areas (LCDAs) that make up the district.

Focus on Key Economic Sectors

The 48 cooperatives selected for this substantial grant were strategically drawn from three vital economic sectors that form the backbone of local economies:

  1. Market Women Associations

  2. Farmers’ Groups

  3. Artisans

This targeted approach ensures that the funds directly benefit groups poised to create immediate and measurable impact on local trade, food production, and vocational skills development.

Commitment to the ‘Greater Good’

Speaking at the unveiling ceremony on Monday, which saw the attendance of traditional rulers, political leaders, party members, and various community groups, Senator Abiru affirmed that the initiative is a consistent demonstration of his legislative and community agenda.

Abiru stated that the launch marked a continuation of his commitment to delivering the “greater good to a larger number” of his constituents across Lagos East. The cooperative structure is intended to ensure shared growth, sustainability, and accountability among the beneficiaries.

The $₦$480 million investment is expected to significantly enhance the operational capacity of these groups, leading to increased productivity, job creation, and overall economic vibrancy in the district.

Senate Summons Education Minister, WAEC Boss Over Controversial 2025/2026 SSCE Guidelines

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Legislators Raise Alarm Over Changes Threatening Mass Failure

ABUJA, NIGERIA — The Nigerian Senate has escalated its intervention in the nation’s educational policy by summoning the Minister of Education, Dr. Tunji Alausa, and the Head of the National Office of the West African Examinations Council (WAEC), Mr. Amos Dangut.

The high-profile summon is in response to the recently announced new guidelines for the 2025/2026 Senior Secondary Certificate Examination (SSCE), which legislators argue could disrupt students’ preparations and lead to widespread academic failure.

The Motion and the Warning of Mass Failure

The Senate’s resolution followed a motion sponsored by Senator Sunday Karimi (APC, Kogi West), who brought the issue to the floor during plenary. Senator Karimi expressed grave concern that the new guidelines had significantly altered the subject requirements for senior secondary students preparing for the forthcoming 2025/2026 May/June examinations.

In presenting his motion, the Senator issued a stark warning regarding the timing and nature of the changes.

“These sudden changes to the examination guidelines are highly disruptive. Candidates who have spent years preparing based on established curriculum and requirements will now be compelled to sit for papers for which they were not adequately prepared,” Senator Karimi stated.

He further emphasized that the eleventh-hour alteration of subject requirements could severely compromise the students’ performance, directly increasing the likelihood of a mass failure in the crucial SSCE examinations.

Mandate of the Senate

The Senate’s primary goal in summoning the key education sector leaders is to thoroughly scrutinize the rationale behind the new guidelines and understand the methodology used in their formulation and release.

Both the Minister and the WAEC Head are expected to appear before the relevant Senate Committee to provide:

  • A detailed explanation of the specific changes introduced in the 2025/2026 SSCE guidelines.

  • The justification for implementing the changes at this critical stage of students’ academic calendars.

  • The measures being put in place to mitigate the potential adverse effects on students, particularly those who have already chosen their subject combinations.

The legislative action underscores the Senate’s commitment to ensuring stability and fairness within the national examination system, safeguarding the academic future of millions of Nigerian youths.

Court Orders Substituted Service on Wike in Tonye Cole’s $₦$40 Billion Defamation Suit

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FCT High Court Grants Request as Personal Service Proves Difficult


ABUJA, NIGERIA — The legal battle between Tonye Cole, the former All Progressives Congress (APC) governorship candidate in Rivers State, and Nyesom Wike, the Minister of the Federal Capital Territory (FCT), escalated today as a Federal Capital Territory (FCT) High Court granted an order for substituted service on the Minister.

The ruling, delivered by Justice M.A. Hassan at the court sitting in Gwarinpa, Abuja, pertains to a massive $₦$40 billion defamation suit filed against Wike by Cole.

The Application for Substituted Service

The court’s decision was made on Tuesday following an ex parte application moved by Jibrin Okutepa (SAN), lead counsel to Tonye Cole.

Mr. Okutepa informed the court that his legal team had faced significant difficulty in effecting personal service of the court processes, including the originating summons, on the FCT Minister. Due to the high-profile nature and the security surrounding the defendant, personal delivery had proven unsuccessful.

The counsel therefore prayed the court to permit service through substituted means, which is a method allowed when the defendant is evading personal service or when personal service is otherwise impractical.

Court Rules in Favour of Cole

Justice Hassan, after considering the arguments and the difficulty encountered by the claimant’s team, granted the order. The ruling permits Tonye Cole’s lawyers to serve the court documents on Wike through an alternative, approved method, which typically involves:

  • Pasting the processes at a conspicuous location at his last known official or residential address.

  • Publication in a national newspaper.

This order clears a procedural hurdle for Cole, allowing the $₦$40 billion defamation suit to proceed to the next stage of judicial action.

Kaduna Cleric Ahmad Gumi Reignites Controversy: Kidnapping Schoolchildren a ‘Lesser Evil’ than Killing Soldiers

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Gumi Defends Comparative Statement, Citing Moral Hierarchy in BBC Interview


KADUNA, NIGERIA — Controversial Kaduna-based Islamic cleric, Sheikh Ahmad Gumi, has once again sparked debate after stating that the abduction of schoolchildren constitutes a “lesser evil” when compared to the killing of soldiers.

Speaking in an interview published by the BBC on Tuesday, Gumi addressed the ongoing security crisis in Nigeria, which has seen an alarming rise in both banditry and attacks targeting security personnel.

The Comparison of Evils

Gumi did not mince words, acknowledging that while both acts are severely condemnable, they do not possess equal severity in a moral context. He defended his earlier remarks by asserting that his comparison was rooted in establishing a moral hierarchy rather than endorsing any form of criminality.

“Saying that kidnapping children is a lesser evil than killing your soldiers — definitely it is lesser,” Gumi was quoted as saying.

Context and Previous Stances

The cleric has been a figure of national scrutiny for several years due to his perceived role as a mediator between security agencies and bandit groups responsible for mass kidnappings in Nigeria’s North-West region.

His latest comments are likely to draw further criticism from security experts, government officials, and the public, particularly given the immense psychological and socio-economic trauma caused by the mass abduction of students—an issue that has severely hampered education in the region.

The core of Gumi’s argument appears to hinge on a perceived difference in the loss of life and the nature of violence, placing the killing of state security agents at a higher level of moral