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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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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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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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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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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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Employees of the National Agency for Food and Drug Administration and Control (NAFDAC), which oversees health and food regulation, have issued a 72-hour strike notice to the federal government, citing anti-worker practices.

Leadership reports that the workers vowed to embark on the nationwide strike from October 7, 2024 if their demands are not met.

According to the General Secretary of the in-house union, Comrade Salih Ahmed Aledeh, the strike action follows the expiration of a 14-day ultimatum issued earlier given to NAFDAC management to address their demands.

‘’In a significant development affecting Nigeria’s public health sector, workers at the National Agency for Food and Drug Administration and Control (NAFDAC) will commence an indefinite strike starting October 7, 2024.

The strike action follows the expiration of a 14-day ultimatum issued to NAFDAC management, which failed to address concerns raised by the agency’s branch of the Medical and Health Workers’ Union of Nigeria.

The strike which will commence at 00:01 hours on October 7, 2024, was initiated after NAFDAC management failed to respond to issues raised in a communique from a congress meeting held on September 20,” Aledeh said.

The strike directive was issued by the leadership of the Federal Area Council of the Medical and Health Workers’ Union of Nigeria. As a result, all NAFDAC staff have been instructed to participate in the strike.

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