News

Pastor, three others feared dead as Dunamis Church collapses in Benue

The Pastor in charge of a Dunamis Church located at Mission Ward North Bank in Makurdi, Benue State, has been reportedly killed after the church building collapsed on Tuesday morning. Three other people are said to have died in the incident when the building caved in as they were said to be observing prayers inside the church, while three other …

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BayelsaDecides2023: Sylva wins in Brass LGA, reduces Diri’s lead

The All Progressives Congress (APC) candidate, Timipre Sylva, has won in Brass Local Government Area (LGA) of Bayelsa state for the Saturday November 11, 2023 governorship election in the state. According to the result just declared by the Independent National Electoral Commission (INEC), Sylva who hailed from Brass scored 18,431 while the Peoples Democratic Party (PDP)’s candidate and the incumbent …

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ASO ROCK WATCH: Tinubu’s riot act for ministers. Two other talking points

Recently, President Bola Tinubu said he would not hesitate to fire underperforming ministers. Two other stories from the Presidency were also reviewed for your reading pleasure. 1. Threatening ministers with sack On November 1, Tinubu warned his cabinet members to avoid being a clog in the wheel of Nigeria’s progress, noting his readiness to sack anyone who underperforms. He stated …

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Caverton’s net profit slumps by 59%, helicopter contract dwindles

Caverton Offshore Support Group suffered a 59.46 per cent drop in its profit after tax in the second quarter of 2023, the firm’s Q2 financial statement revealed. Ripples Nigeria gathered that Caverton’s net profit between April to June this year was N184.65 million, failing to surpass the N455.56 million reported in the same period in 2022. Although Caverton’s net profit …

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Yiaga Africa raises concerns over INEC’s failure to hold elections in some polling units in Imo, Kogi

Yiaga Africa, a none profit election observer organisation, has raised questions over the failure of the Independent National Electoral Commission (INEC), to conduct off-cycle governorship elections in some polling units in Imo and Kogi States on Saturday. In a statement issued on Sunday by the Chairman of Yiaga Africa Watching The Vote (WTV) Working Group, Dr. Hussaini Abdu, the organisation …

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Food inflation soars as prices of foodstuffs increase

The prices of basic food items in Nigeria have continued to soar as food inflation rate has climbed another notch in the month of August, according to the National Bureau of Statistics (NBS). In a new report titled ‘Selected Food Prices Watch (August 2023)’, released on Monday, the NBS disclosed that prices of items like beef, tomatoes, beans, garri, yam, …

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A lawmaker in Nigeria who does the right thing will not get return ticket —Akpabio

Godswill Akpabio, the president of the Senate, has claimed that any lawmaker who discharges their duties as they should will not be relected. Akpabio stated this on Sunday, at the centenary birthday celebration of Second Republic lawmaker Senator Kunle Oyero held in Abeokuta, Ogun State, hosted by the Abeokuta Grammar School Old Boys Association. He was represented by Senator Shuaib …

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NGX: Market cap up by 1.54%, Sterling Financial, Nigerian Breweries lead gainers

The equity capitalization in the Nigerian capital market rose by 1.54 percent at the close of trading on Thursday. This represented a N541.84 billion growth in the value of investments from N34.97 trillion to N35.51 trillion at the close of trading today. Similarly, the All-Share Index rose by 995.7 basis points to close at 65,263.06, up from 64,267.36 ASI posted …

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