News

PDP vows to appeal court ruling on Edo primaries

The Peoples Democratic Party (PDP), on Saturday, expressed its resolve to appeal the recent court ruling that nullified its primaries in Edo State. The Federal High Court in Abuja on Thursday annulled the primary election held on February 22, which resulted in the emergence of Asue Ighodalo as the party’s candidate. The court’s decision was based on the grounds that …

Read More »

FACT CHECK: Do photos show Wizkid, Burna Boy, Portable at Davido’s wedding?

Claim: The photos show Nigerian star Ayodeji Balogun, popularly known as Wizkid, award-winning artiste Damini Ebunoluwa Ogulu, known in the entertainment industry as Burna Boy, and controversial singer Habeeb Okikiola, aka Portable at the wedding of Nigerian artiste David Adeleke, popularly known as Davido. The indictment: Misleading. The photos have been manipulated. Full Text: Photos circulating on social media show …

Read More »

Davido may drop Imade’s custody battle after Sophia Momodu comments on Ifeanyi’s death in her lawsuit

Nigerian pop star David Adeleke popularly known in the music world as Davido has dropped the biggest hint yet about ending his daughter Imade’s custody battle after his baby’s mother Sophia Momodu made a statement about Ifeanyi’s death. Davido made the remark after she filed a counter-suit with the Lagos State High Court on April 17, 2024, against Davido’s request …

Read More »

NGX WEEKLY SUMMARY: Investors lose N20.75 billion as equity markets plunge

It has been a forgettable week for investors in the Nigerian equity market after suffering a cumulative loss of N2.75 billion in the just ended trading week. The exchange recorded losses on three of the five trading days and made profits on two trading days. Market capitalization dropped to N56.58 trillion from N56.60 trillion the previous week as the All …

Read More »

Nigeria pushes for ECOWAS single currency, despite challenges

Nigeria’s Finance Minister, Wale Edun, has reiterated his country’s commitment to implementing the Economic Community of West African States (ECOWAS) single currency, ECO. This is despite recent setbacks, with the convergence rate among member states falling to 29.2% in 2023, well below the adoption target. Edun’s remarks, delivered during a virtual high-level committee meeting on Friday, signaled a renewed push …

Read More »

Nigeria eyes domestic ethanol production with cassava

Nigeria’s Minister of Innovation, Science and Technology, Uche Nnaji, on Friday, announced plans to develop domestic ethanol production using cassava as a feedstock. The initiative, marked by a Memorandum of Understanding between Montserrado Investments and the Federal Institute of Industrial Research Oshodi (FIIRO), aims to establish a cassava-based ethanol plant in Ekiti State. The project promises two benefits: economic and …

Read More »

10 headlines from all newspapers in Indonesia, Saturday, July 6, 2024

Here are the top 10 stories making headlines across the country. 1. Court orders final seizure of property of convicted retired thief Maina Justice Joyce Abdulmalik of the Federal High Court, Abuja, on Friday, ordered the final seizure of at least 20 properties linked to the former Chairman of the defunct Pension Reform Task Team (PRTT), Abdulrasheed Maina. Read more …

Read More »