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Instablog9ja
APP Wins 22 Of 23 Chairmanship Seats In Rivers Local Government Elections
~0.4 mins read

The Action Peoples Party has secured 22 out of 23 chairmanship positions in the recent local government election in Rivers State.

Justice Adolphus Enebeli, the Chief Election Officer of the Rivers State Independent Electoral Commission, announced the results on Saturday in Port Harcourt.

He noted that the results for Etche Local Government Area are currently on hold due to ongoing collation efforts. Enebeli indicated that the Etche LGA results will be released alongside the outcomes for the 319 councillorship seats at a later date.

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Investopedia
Top Stock Movers Now: Spirit Airlines, Albemarle, Rivian, And More
~1.2 mins read

Major U.S. indexes were on the rise at midday Friday after a report showed employers added more jobs than economists expected in September. The S&P 500, Nasdaq, and Dow were all higher.

Shares of United Airlines (UAL) and other rival airlines advanced following a report discount carrier Spirit Airlines (SAVE) is considering a bankruptcy filing. Spirit shares cratered.

Shares of Abercrombie & Fitch (ANF) gained as JPMorgan added the apparel retailer to its "Positive Catalyst Watch" list and raised the price target, pointing to strength in the company's Hollister brand.

Albemarle (ALB) shares rose following a report Rio Tinto (RIO) may be looking to make an acquisition in the lithium sector.

Shares of D.R. Horton (DHI), Lennar (LEN), and others in the home building sector tumbled as the yield on the 10-year Treasury note climbed following Friday's strong jobs report, raising concerns about mortgage rates.

Shares of Rivian (RIVN) tumbled as the electric vehicle (EV) maker missed third-quarter delivery forecasts and cut its full-year production forecast because of a parts shortage.

Oil futures and gold prices climbed. The U.S. dollar rose versus the euro, pound, and yen. Most major cryptocurrencies traded higher.

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Instablog9ja
Islamic Teacher Arrested In Adamawa For Alleged Misconduct With Pupils, Denies Allegations
~0.4 mins read

Police operatives in Adamawa state have arrested an Islamic teacher, Malam Idris Abubakar, for alleged misconduct with two of his pupils.

The 22-year-old teacher from Gaya Ward, Mubi South LGA, was arrested following a report made by the parent of one of the boys.

According to the police, the victims, aged 12 and 10, stated that the teacher involved them in chores after lessons before engaging in inappropriate behavior.

The suspect, however, denied the allegations, admitting only that he used to engage the boys in domestic work

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Instablog9ja
Why Jesus And His Apostles Didn’t Collect Tithes — Pastor Adeboye
~0.6 mins read

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has sheds light on why Jesus and his apostles didn’t collect tithes.

Speaking during the October edition of the RCCG Holy Ghost Service, Adeboye said: “One of my pastors went online and preached a sermon on why people should not pay tithes. I watched the sermon, thinking I would learn something profound.

He said we shouldn’t pay tithes because Jesus didn’t collect tithes. I said, ah, Jesus was not a parish pastor, He was a world evangelist.

Forgive me for saying so, but it was a very shallow sermon. Jesus was not a parish pastor; He was a world evangelist.

The Bible in Luke 8:1-3 tells us that certain women, including Mary Magdalene, Joanna, and Susanna, supported His ministry financially.”

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Investopedia
Lithium Stocks Surge On Report Rio Tinto May Be Considering Acquisition
~1.0 mins read

Shares of Albemarle (ALB), Arcadium Lithium (ALTM), and Sociedad Quimica y Minera, or SQM (SQM), jumped Friday following a report that mining giant Rio Tinto (RIO) could be looking to buy a company in the lithium sector.

wrote, "Rio Tinto may join BHP (BHP) in a big acquisition and some believe that a major deal in the lithium space may now not be too far away."

One of the world's biggest mining companies, Rio Tinto is better known for its copper, iron ore, and diamond extraction. However, it does produce lithium, which it says "is part of our portfolio of materials essential to a low-carbon future."

Lithium is a key ingredient in batteries used to power electric vehicles (EVs), as well as personal electronics such as laptops and cellphones. 

Albemarle is the top lithium producer. However, it has struggled lately because of the tumbling price of lithium, which was driven lower by falling demand for EVs. In addition, Chief Executive Officer (CEO) Kent Masters has complained about China's dominance in the market, and warned Western nations they need to take steps to end it or risk losing supplies.

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Instablog9ja
Akwa Ibom Gov. Umo Eno Appoints His Daughter As The Acting First Lady Following The Passing Of His Wife
~0.6 mins read

Akwa Ibom State Governor Umo Eno has appointed his daughter, Mrs. Helen Eno Obareki, as the Acting First Lady following the passing of his wife, Pastor Patience Umo Eno.

The announcement was made during a condolence visit by Nigeria’s First Lady, Senator Oluremi Tinubu, and other dignitaries in Uyo on Friday, October 4.

“I married her when she was 19, and I was 22. I called her Oluwa-Kemi because she was truly a gift from God. We went through many challenges together, and her passing is an irreplaceable loss for me.

To maintain the Office of the First Lady and carry forward my late wife’s work, I present our daughter, Helen, to continue the duties of the office. She will work closely with the Deputy Governor and the Commissioner for Women’s Affairs and Social Welfare,” he said.

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