The Rivers State House of Assembly has suspended other legislative activities to urgently assess the worsening flood situation across the state, following reports of widespread destruction of homes, roads and sources of livelihood. The decision was reached on Tuesday during the 55th Legislative Sitting of the Fourth Session of the Assembly after the Deputy Majority Leader, Hon. Linda Somiari-Stewart, raised a Motion of Definite Matter of Urgent Public Importance under Order 26 of the House’s Standing Orders. Somiari-Stewart drew the attention of lawmakers to the plight of residents affected by the flooding, noting that several communities had suffered severe damage,…
Author: Globalnews
The Aliko Dangote Foundation (ADF) has launched its Student Share Grant Initiative, a financial inclusion and investor education programme designed to promote saving, responsible investing and long-term asset ownership among young Nigerians. The initiative will provide eligible students with an opportunity to receive funding for an additional 10 shares in the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) at no additional cost, provided they meet the programme’s eligibility and participation requirements. Under the scheme, students aged 18 and above who are enrolled in public or private tertiary institutions across Nigeria can apply. Eligible participants must…
Inter Miami and Argentina superstar Lionel Messi has officially taken over Spanish second-division club CD Eldense, marking a significant expansion of his growing football investment portfolio. The club confirmed the development on Thursday, describing the acquisition as the beginning of a long-term project aimed at improving its sporting performance, institutional structure and social impact. The deal, which is still subject to approval from Spain’s National Sports Council (CSD), will see Messi become the owner of a professional football club in Spain for the first time. Eldense, based in the city of Elda in Alicante, were previously owned by Colombian investment…
Thailand will face the Philippines on October 2 in the ASEAN Cup, with both teams having different objectives heading into their final group-stage encounter. Thailand have already secured their place in the final after recording convincing victories over Pakistan and Vietnam, while the Philippines are struggling to keep their hopes of finishing second alive. Anthony Hudson’s Thailand side will aim to maintain their winning momentum ahead of the ASEAN Cup final scheduled for October 5 in Jakarta. Meanwhile, Carlos Cuadrat Vela’s Philippines will be looking to end their winless run and produce a positive result against one of the tournament’s…
The Nigerian naira maintained relative stability against the US dollar across the official foreign exchange market and the parallel market on Friday, October 2, 2026, as exchange rate movements remained limited. At the official Nigerian Foreign Exchange Market (NFEM), the US dollar traded at approximately ₦1,328.17, remaining close to the Central Bank of Nigeria’s (CBN) reference rate of ₦1,329.16. The figures indicate minimal movement from the previous trading session, reflecting relatively steady conditions in the official foreign exchange market. Meanwhile, the dollar exchanged at higher rates in the parallel market, popularly known as the black market, where currency dealers quoted…
Meta is set to introduce a new pricing structure for the WhatsApp Business Platform, ending the free tier for service messages and utility messages delivered within the 24-hour customer service window from October 1, 2026. The move will affect businesses that use the platform’s API to communicate with customers, introducing per-message charges for customer support replies and utility notifications. Under the new pricing model, non-template service messages sent by human customer support executives or third-party AI tools will attract standard local utility rates. In India, the charge is fixed at ₹0.115 per delivered message, excluding GST, with no volume-based discounts.…
Former Manchester United manager Sir Alex Ferguson has opened up about the fear, uncertainty and challenges he experienced while recovering from a life-threatening brain haemorrhage in 2018, revealing how the medical emergency temporarily robbed him of his ability to speak. The legendary Scottish football manager, who spent 26 years in charge of Manchester United and won 38 trophies during his remarkable tenure, suffered a brain haemorrhage in May 2018. He underwent emergency surgery and began a difficult recovery process that tested him physically and emotionally. According to a report by BBC Sport on Friday, Ferguson recalled the anxiety he felt…
FC Augsburg were forced to settle for a 2-2 draw against Hertha BSC in a test match after squandering a two-goal lead, despite an impressive performance from French attacking midfielder Alexis Claude-Maurice. Augsburg, who are currently fourth in the Bundesliga, took the lead against the challenging second-division leaders through Rodrigo Ribeiro in the 35th minute. The goal came after Hertha goalkeeper Marius Gersbeck failed to deal convincingly with Claude-Maurice’s long-range effort from 18 metres. Hertha BSC, managed by Stefan Leitl, created several dangerous opportunities throughout the encounter but were repeatedly denied by the woodwork. Jelani Ndi struck the post in…
Super Eagles defender Chibuike Nwaiwu has overtaken Rangers centre-back Emmanuel Fernandez in the latest Transfermarkt valuation of Nigeria’s most valuable defenders, following his impressive rise at Turkish club Trabzonspor. The 23-year-old Nigerian international is now valued at €18 million, placing him second among Nigeria’s most valuable defenders, behind only Fulham’s Calvin Bassey, who retains the top position with a valuation of €28 million. According to the latest Transfermarkt figures, Nwaiwu’s valuation puts him level with Nottingham Forest defender Ola Aina and €2 million ahead of Fernandez, whose market value currently stands at €16 million. Nwaiwu’s remarkable rise comes just months…
The founder of the All Progressives Grand Alliance (APGA), Chekwas Okorie, has accused Anambra State Governor, Professor Chukwuma Soludo, of using his support for President Bola Tinubu to criticise the Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi. Okorie made the allegation in a statement issued in Abuja on Thursday, expressing disappointment over what he described as Soludo’s persistent attacks on his predecessor. The APGA founder alleged that Soludo had continued to criticise Obi despite the former Anambra governor maintaining respect and extending normal courtesies to him. “I have watched with disgust and utter disappointment, Prof. Chukwuma Soludo’s vicious and…