By Ayomide Otitoju President Bola Tinubu has congratulated Monday Okpebholo of the All Progressives Congress (APC) on his victory in Saturday’s Edo State governorship election. Okpebholo, 54, secured 291,667 votes, defeating Peoples Democratic Party (PDP) candidate Asue Ighodalo, who garnered 247,274 votes, and Labour Party (LP) candidate Olumide Akpata, who came third with 22,763 votes….
By Ayomide Otitoju Access Holdings Plc reported a remarkable 133.5% increase in gross earnings, reaching N2.2 trillion in the first half of 2024, up from N940.3 billion in the same period last year. This surge was driven by a 116% rise in interest income, totaling N1.3 trillion, and a significant jump in fee and commission…
China has called on its citizens in Israel to leave “as soon as possible” due to escalating tensions between Israel and Hezbollah, the Iran-backed militant group based in Lebanon. In a statement released Sunday, the Chinese embassy in Israel warned of the deteriorating security situation along the Israel-Lebanon border. “Currently, the situation along the Israel-Lebanon…
Anura Kumara Dissanayaka, Sri Lanka’s first leftist president, was sworn into office on Monday, pledging to restore public trust in politics after a sweeping victory in the polls. Dissanayaka, leader of the People’s Liberation Front (JVP) and a self-avowed Marxist, took his oath at the historic Presidential Secretariat in Colombo, following his decisive win on…
By Ayomide Otitoju Nigeria’s external reserves have surged to a 22-month high, reaching $37.31 billion as of September 18, 2024, according to data from the Central Bank of Nigeria (CBN). This marks the highest level since November 4, 2022, when reserves stood at $37.36 billion, signaling a strong recovery in the country’s foreign currency reserves….
By Ayomide Otitoju The average retail price for refilling a 12.5kg cylinder of Liquefied Petroleum Gas (cooking gas) soared by 69.15% from ₦9,194 in August 2023 to ₦15,552 in August 2024, according to the latest data from the National Bureau of Statistics (NBS). Although no specific reason was provided by the NBS for the sharp…
By Ayomide Otitoju The Nigerian Meteorological Agency (NiMET) has predicted thunderstorms across the country over the next three days, with Sokoto, Kebbi, and Borno states expected to experience the most intense weather. In its weather outlook released on Sunday, NiMET forecasts thunderstorms for parts of Borno, Yobe, Jigawa, Taraba, Adamawa, Gombe, Bauchi, Kano, Katsina, Kaduna,…
Ayomide Otitoju Lagos is set to host the inaugural Nigerian Fintech Festival, the nation’s largest fintech gathering, on September 26, 2024. Sponsored by FirstBank, a leading financial institution in West Africa, the festival will bring together over 1,000 stakeholders from the fintech and financial services sectors. The event aims to foster collaboration and partnerships to…
Youth unemployment in China reached 18.8 percent in August, marking its highest level this year as the country grapples with a struggling economy. The National Bureau of Statistics (NBS) reported that the jobless rate among 16- to 24-year-olds not in education rose from 17.1 percent in July. This metric, which peaked at 21.3 percent in…
