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Amazon quarterly profit rockets tenfold to $2.9 bn
Amazon reported Thursday that its profit in the recently-ended quarter rocketed to $2.9 billion in a ten-fold increase from the same period last year.Net sales at the e-commerce colossus climbed to $56.6 billion in the third quarter,…
BREAKING: Abducted Kaduna Traditional Ruler Killed Despite Paying N10m Ransom
A First Class Chief in Kaduna State, the Agom Adara, His Royal Highness Maiwada Galadima, has been murdered. The traditional ruler, who has been in captivity for close to one week, was reported murdered on Thursday night by his…
Five NYSC Members Abducted On Their Way To Camp
Some gunmen on Wednesday kidnapped five members of the National Youth Service Corps who were travelling to their orientation camps in Akwa Ibom and Rivers states. Two other passengers on the bus conveying the corps members…
Ex Afren Bosses found guilty of fraud in $300m transaction after side-dealing with Nigerian firm
The United Kingdom’s special prosecuting authority, the Serious Fraud Office, yesterday disclosed that two former executives of Afren Plc have been found guilty of a $300 million fraud which they were accused of committing…
2019 Elections: PDP has made our task easier – Gov. Bello
Gov. Yahaya Bello of Kogi says the Peoples Democratic Party (PDP) has made the chances of President Muhammadu Buhari winning the 2019 presidential election much more brighter with its purported slogan, ‘Corruption is better than…
New Minimum wage will boost Nigeria’s economy – NLC President
Ayuba Wabba, the President, Nigeria Labour Congress (NLC), has said the proposed workers minimum wage will boost the country’s economy rather than trigger inflation. The NLC boss said this while addressing newsmen in Asaba,…
Diamond Bank CEO may step down as shakeup intensifies
There are reports that the current shakeup at Diamond Bank may force the current Group Managing Director, Uzoma Dozie to step down. Recall that the Bank in a notice to the NSE announced the resignation of several…
Nigerian Govt, States, LGAs share N698.7 bn for September
The federal, states and local governments on Thursday shared N698.7 billion as statutory allocation from the federation account for September 2018. The funds were distributed during the meeting of the Federation Accounts…
We built Port Harcourt Airport terminal, PDP tells Buhari
The Peoples Democratic Party has condemned President Muhammadu Buhari for allegedly trying to claim credit for the Port Harcourt Airport Terminal, Rivers State, saying it is public knowledge that the project was conceptualised and…
United contest FA charge against Mourinho
Manchester United are “vigorously contesting” a Football Association charge against manager Jose Mourinho, for comments he made in Portuguese to a television camera after his side’s win over Newcastle on October 6.Manchester United’s…
2019: 299 candidates jostle for NASS seats in Lagos
The INEC in Lagos State says 299 candidates across various political parties in the state are jostling for the National Assembly seats in the 2019 general elections. The News Agency of Nigeria (NAN) reports that the INEC…
Trafficked Nigerian girls report ‘madam’ to Ghana police
Some girls, who were allegedly trafficked by a Nigerian woman to Ghana walked into a police station at Tarkwa in Ghana’s Western region on Thursday to report her.The woman, who was identified as Victoria Omotayo has been arrested by…
Twitter loses 9 million users amid bot crackdown
Twitter’s monthly user count took another hit last quarter, diving by 9 million users amid an ongoing crackdown meant to rid the platform of bots, spam, and other problematic accounts. The company’s monthly user base fell from…
Activists demand probe of Kwara PDP governorship candidate’s NYSC certificate scandal
Nigerian rights activists and a group have demanded an independent probe into the forgery of the National Youths Service Corps (NYSC) certificate by the Peoples Democratic Party (PDP) governorship candidate in Kwara State,…
Amosun’s , Olumide Osoba’s names, others on INEC list
Governor Ibikunle Amosun (Ogun Central), Tolu Odebiyi (Ogun West) and Senator Lekan Mustapha(Ogun East) made it to the Independent National Electoral Commission (INEC) list for the Senate seats on the platform of All Progressives…
Man 20, rapes 100 year old woman
A 100-year-old woman was allegedly raped by a 20-year-old man in eastern India, who was later arrested, police said on Thursday. The suspect sexually assaulted the elderly woman at her home in a village in West Bengal state’s…
Ekiti Assembly approves 2 commissioners, 10 special advisers for Fayemi
The Ekiti State House of Assembly has confirmed Mr Wale Fapohunda and Mr Dapo Kolawole, as commissioners in the state. Fapohunda and Kolawole were screened and confirmed to serve as commissioners in the Dr Kayode Fayemi…
Tesla shares jump on rare quarterly profit
Tesla reported a net profit, positive cash flow and wider-than-expected margins for the latest quarter on Wednesday, delivering on Chief Executive Elon Musk’s promise to turn the electric carmaker profitable as higher…
I can’t manage another English club after Manchester City – Guardiola
Manchester City’s Spanish manager Pep Guardiola says it will be impossible for him to ever coach another club in England and says he is now a Mancunian for life. Guardiola, who led Manchester City to the English Premier…
UN reopens Abuja office seven years after Boko Haram attack
The United Nations is gradually moving back to its headquarters in the Nigerian capital, Abuja, seven years after it was attacked by Boko Haram insurgents. The UN resident coordinator, Edward Kallon, disclosed this at the…
Forex ban on some items lifted Nigeria out of recession – Godwin Emefiele
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the restriction of forex supply on 41 items including rice and toothpicks helped in lifting the economy out of recession. Addressing journalists on…
Discordant tunes as APC’s post primary crises linger
The post-primary crises rocking the ruling All Progressives Congress (APC) are far from being over. Some aggrieved members are ventilating their anger through street protests. Others are warning the party’s leadership on the…
I earned N60.2m in three years, Atiku tells INEC
•PDP candidate paid N10.3m tax •Buhari’s papers ‘with military’ Peoples Democratic Party (PDP) presidential candidate Atiku Abubakar has declared a personal income of N60.2 million in three years, according to the…
2019: 83m to vote, says INEC
More than 84 million Nigerians are eligible to vote in next year’s general election, Independent National Electoral Commission (INEC) Chairman Prof. Mahmoud Yakubu said yesterday. He spoke when he received a delegation of…