ISRAEL AND LEBANON AGREE TO EXTEND US-BROKERED CEASEFIRE BY 45 DAYS, STATE DEPARTMENT SAYS. (PHOTO).

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 Israel and Lebanon agree to extend US-brokered ceasefire by 45 days, State Department says Israel and Lebanon have agreed to extend a U.S.-brokered ceasefire by 45 days, according to U.S. officials, in an effort to allow further progress in ongoing negotiations aimed at reducing hostilities along their shared border. A State Department spokesperson said the April 16 cessation of hostilities would be extended by an additional 45 days following what officials described as “highly productive” talks held in Washington on Thursday and Friday. The two sides are expected to resume negotiations on June 2 and June 3. The discussions mark the third round of meetings between Israel and Lebanon since renewed fighting escalated earlier this year, including Israeli airstrikes following missile fire from Hezbollah and subsequent Israeli ground operations in southern Lebanon. While the conflict has continued in parallel with broader regional tensions, officials said violence has largely remained ...
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AGF DENIES FG'S INVOLVEMENT IN FIRST HOLDCO SHARE ACQUISITION. (PHOTO). #PRESS RELEASE.

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STATEHOUSE PRESS RELEASE


AGF denies FG's involvement in First Holdco Share Acquisition


We are compelled to respond to a publication by ThisDay Newspaper of July 17, 2025, and Arise TV suggesting that 25% of First Bank Holdings (First Holdco) shares were transferred to the Federal Government of Nigeria's (FGN) trustee. 


The report is inaccurate, misleading, resentful and malicious.


Neither the Federal Government of Nigeria nor the Attorney General of the Federation and Minister of Justice participated in acquiring the shares in question. 


The Office of the Attorney General of the Federation and Minister of Justice debunks this falsehood to prevent confusion or misconceptions about First Holdco's ownership and governance. 


The circumstances surrounding the shareholding structure are distinct from any government involvement. 


However,  it is aware of a trustee set up by the First Holdco, with the CBN approving Stanbic IBTC to oversee it as a third party. 


We urge the media to exercise restraint, professionalism, and due diligence in carrying out their duties to avoid violating the law.


We assure the public of continuous commitment to the promotion of the Rule of Law, Justice, equity, accountability, transparency and service to the nation by the administration of President Bola Ahmed Tinubu.


Kamarudeen Ogundele,

S A to the President on Communication and Publicity,

Office of the Attorney General of the Federation and Minister of Justice 

July 18, 2025

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