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The Nigeria Stock Exchange (NSE) reveals in its latest foreign portfolio investment report that foreign inflows to the economy increased by 91.24 percent between January and February. Foreign Inflow stood at N22.97bn in January and N43.93bn in February It also reported an increase in foreign outflows from N27.81bn in January to N55.01bn in February, marking a 97.8 per cent increase.…
Muhammed Bala of the People's Democratic Party is at the verge of being announced Bauchi State Governor-elect. At the conclusion of supplementary elections in the state on Saturday, March 23, Bala polled 6,376 to add to the previous 469,512 votes while Muhammed Abdullahi of the All Progressives Congress (APC) got 5,117 in addition to 465, 453 hitherto recorded after the…
Aminu Tambuwal of the People's Democratic Party (PDP) has been re-elected Governor of Sokoto State. Following the supplementary elections which were concluded on March 23, the former House of Representatives Speaker edged out his former deputy and the All Progressives Congress' (APC), Ahmed Aliyu by 341 votes. Tambuwal polled 512002 votes against Aliyu's 511661. NAN reports that, though he lost…
The European Union (EU), has written Nigeria’s president, Muhammadu Buhari on the need to strengthen democracy in the country. The European body expressed its thoughts and opinions in a letter dated arch 22, 2019, signed by signed by Donald Tusk for the European Council and Jean-Claude Juncker for the European Commission. It urged Buhari to run an inclusive government which…
Justice Inyang Ekwo, sitting at the Abuja Federal High Court, has overruled an application for stay of execution on INEC to stop the resumption of results collation of hitherto rescheduled election in parts of Rivers State. Filed by te candidate of the African Action Congress (AAC), Biokpomabo Awara, the application sought the court to order INEC to desist from continuing…
The People's Democratic Party (PDP) has claimed that its candidate, Atiku Abubakar won the 2019 presidential elections with 1,615,302 votes. It claimed the figure is the true and correct result from 35 states and the FCT, with the exception Rivers as there was “no report on server” from the PDP stronghold, captured by the INEC server. The claim is contained…
The former two-time Governor of Ogun State and Director General of the Atiku Abubakar 2019 Presidential Campaign Organisation denies allegations of abandoning the former vice president. Following the announcement of his retirement from partisan politics and reports that he is considering joining the ruling party, All Progressives Cogress (APC), Daniel was accused of abadoning Atiku even when the final decision…
The mysterious inferno started around 11am and burnt until 6pm, on Tuesday, in Baderayi village, destroying properties. Executive Secretary State Emergency Management Agency (SEMA), Alhaji Sani Yusuf confirmed the incident to the News Agency of Nigeria (NAN) in the State's Capital, Dutse, on Wednesday. “The fire destroyed almost the whole of the village, including animals and foodstuff. Over 60 houses…
The Abuja Federal High Court has stopped the Independent National Electoral Commission (INEC) from continuing collations of results in Bauchi State. INEC had announced in a Saturday press release that it will resume results collation of the Bauchi gubernatorial and State House of Assembly elections on Tuesday, after it resolved issues affecting two local governments - Tafawa Balewa and Ningi.…
Four children from one family, have been reported dead in Bayelsa State after inhaling generator fumes. The incident was reported to have happened on Saturday in Aghoro II community in Ekeremor Local Government Area of the oil-rich Niger Delta State. The children whose ages were not disclosed at the time of this report were said to be on recess from…
Barely 72 hours after announcing his retirement from partisan politics, Gbenga Daniel, says he is considering joining the ruling party, All Progressives Congress, APC. Daniel who worked as the Director General of the People's Democratic Party presidential candidate, Atiku Abubakar's campaign, said this on Sunday after a meeting with his supporters and loyalists. He said consideration to join the ruling…
The Independent Electoral Commission, INEC, announced over the weekend that it will resume collation of results in Rivers and Bauchi states after elections were declared inconclusive. This decision has been faulted in the two states by the African Action Congress, AAC in Rivers State; and the APC in Bauchi State. RIVERS Rivers AAC is reportedly backed by the APC which…
The Independent National Electoral Commission, INEC, has announced it will resume collation of votes in the Bauchi Governorship poll, next Tuesday. The electoral body said a winner could eventually be confirmed after it resolved matters affecting two local governments: Ningi and Tafawa Balewa This decision was revealed in a press statement on Friday night after resolving some issues around the…
All eight persons trapped in the three-storey building collapse in Ibadan, on Friday have been rescued. The Nigeria Emergency Management Authority, NEMA, confirmed this on through South West Coordinator, Slakku Luggard and Director of the State Emergency Management Agency (SEMA), Akin Makinde. No fewer than six persons were rescued on Friday, hours after the accident, following emergency intervention by the…
Three suspects in the Offa Robbery attack of April 5, 2018, have accused members of the police of complicity. Ayoade Akinnibosun, Ibikunle Ogunleye and Adeola Abraham told a High Court of Kwara, in Ilorin that their statements of admittance for the crime and implicating president of Nigeria's senate, Bukola Saraki were obtained under duress; thus, forced to make the confessions.…