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Naira strengthens to 1630/$ at official market

The naira appreciated on Tuesday in the official market, strengthening to ₦1,630.45/$ from ₦1,670.65/$ in the previous trading session, marking a 2.41 per cent increase. Data from the FMDQ Exchange, which hosts the Nigerian Autonomous Foreign Exchange Market, also indicated a rise in daily turnover. By the close of trading, turnover reached $242.59 million, about...
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Google’s revenue hit $88.3bn in Q3 2024

Alphabet Inc., the parent company of Google, stated that its revenue grew 15 per cent year-over-year to reach $88.3bn for the third quarter ended September 30, 2024. According to its financial results released on Tuesday, the increase in revenue was primarily driven by a 13 per cent rise in Google Services revenue, which totalled $76.5bn....
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Sanwo-Olu never sued EFCC, says Lagos

The Lagos State Government has denied media reports claiming that Governor Babajide Sanwo-Olu has sued the Economic and Financial Crimes Commission over an alleged plan to arrest and prosecute him after his tenure. PUNCH Online reports that the state Attorney General and Commissioner for Justice, Lawal Pedro, SAN, clarified this in a statement on Tuesday....
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Nigerian gold smuggled to UAE, says Alake

The Minister of Solid Minerals Development, Dele Alake, has said gold mined in the country is being exported illegally to the United Arab Emirates. He stated that the significant volume of this illegal gold trade undermines the potential for a partnership aimed at economic growth. To solve this issue, the minister has made a case...
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I’m not a Nazi, says Trump

Donald Trump told supporters Monday he is “not a Nazi,” using a rally in the final week of a bitter White House race to refute accusations of authoritarianism, including from a former top aide who branded him a fascist. As he and rival Kamala Harris, the current vice president, entered the final stretch of one...
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Assailants abduct, kill deputy mayor in Cameroon

The deputy mayor of a city in Cameroon’s English-speaking north hit by separatist violence has been killed after being abducted by armed assailants, CRTV state radio reported Monday. The politician’s body was found lying in a pool of blood two days after she was kidnapped from her home on Saturday, the CRTV station said, quoting...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...