News

Gunmen kill police at Shaibu reception, Edo govt blames deputy governor

Gunmen on Thursday shot dead a police officer identified as Inspector Onu Ako during a reception for the re-inaugurated Deputy Governor of Edo State, Philip Shaibu. The deceased was related to the governorship candidate of the All Progressives Congress (APC) party in the state, Monday Okpebholo. Justice James Omotosho of the Federal High Court, Abuja, on Wednesday, quashed the impeachment …

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Dele Momodu to Tinubu: Beware of heroists in National Assembly

Ovation Magazine Publisher Dele Momodu on Thursday warned President Bola Tinubu to be wary of hero worshippers in the National Assembly. He also asked the president to consider former Senate President Ali Ndum as his friend. The Senate on Wednesday removed the outspoken lawmaker as Chief Whip following the recommendation of the National Working Committee (NWC) of the All Progressives …

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NGX: Equity market recovers as investors gain N262 billion

Nigeria’s equity market recovered from earlier losses on Thursday with investors gaining N262 billion at the close of trade. This follows the increase in share prices such as UCAP, OANDO, and AFRIPRUD among others on the trading floor today. After five hours of trading in the capital market, equity capitalization increased to N56.9 trillion from N56.6 trillion posted by the …

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Tinubu approves N70,000 as new minimum wage – TrendyNewsReporters

President Bola Tinubu has approved a new minimum wage of N70,000 for Nigerian workers, pledging to review the national minimum wage law every three years. This announcement was made by Mohammed Idris, Minister of Information, at the Presidential Villa on Thursday, July 18. The decision was revealed during an ongoing meeting with leaders of organized labor unions. Key figures at …

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NGX removes Niger Insurance and two other companies from its platform

The Nigerian Exchange Limited (NGX) has delisted shares of Niger Insurance Plc and two other companies from its platform for failing to comply with standards. Other companies affected are – Resort Savings and Loans Plc, and RAK Unity Petroleum Plc. NGX Head of Issuer Regulation, Godstime Iwenekhai, confirmed the development in a statement on Thursday. The companies, according to NGX, …

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Court confirms APC Rep’s victory in Katsina re-election

The National and State Assembly election petition tribunals on Thursday upheld the election of the lawmaker representing Faskari/Sabuwa/Kankara federal constituency in the House of Representatives, Alhaji Dalhatu Tafoki, in this year’s re-election in Katsina State. A three-member panel led by Justice KA Ojiaka dismissed the petition filed by the Peoples Democratic Party (PDP) candidate, Alhaji Jamilu Muhammad, as baseless. The …

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Lebanese Islamist militant commander killed in Israeli drone strike

A drone strike by Israeli forces has killed a commander of the Lebanese Islamist group al-Jamaa al-Islamiya (Islamic Assembly), in the east of the country. Security sources told reporters that Muhammad Hamid Jabara from the town of Qaraoun was killed at 06:30 local time (03:30 GMT) on Thursday in an attack targeting his truck. In June, the Israeli army said …

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Court rejects fresh bail request, upholds charges against suspended policeman Kyari in drug trafficking trial

The Federal High Court in Abuja has dismissed a fresh bail application by suspended Deputy Commissioner of Police, Abba Kyari, and four other officers. The court also dismissed a motion challenging the validity of the charges filed against them by the National Drug Law Enforcement Agency (NDLEA). Judge Emeka Nwite, who presided over the case, ruled that the defence’s arguments …

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Nigerian Customs seizes bulletproof jackets, drugs worth N3.6 billion in Ogun

The Nigeria Customs Service, Federal Operations Unit, Zone A Ikeja, has seized contraband worth N3.6 billion, including 150 cartons of bulletproof jackets worth N1.687 billion. Speaking to journalists in Ikeja on Thursday, Kola Oladeji, the Customs Zone Controller for the unit, disclosed that the seizure was made along the Ijebu Ode-Sagamu Expressway in Ogun State. Each carton contained 10 packs …

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Obi is a political worker, he will get rid of LPs like Okupe, Balami —Bwala

Former spokesperson of Presidential Campaign Council Atiku Abubakar for the 2023 presidential election, called the presidential candidate of the Labour Party (LP), a political worker who will soon oust the LP. Bwala who had earlier dumped the ruling All Progressives Congress (APC) in protest against its Muslim-Muslim ticket for the election and pitched camp with Atiku and the Peoples Democratic …

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