ONE WORD

A gunman is said to have opened fire as people left the mosque in Brest French media reports say that the gunman is on the run with two people injured Two people were shot and wounded outside a mosque in Brest, western France, on Thursday, police said. Brest Prosecutor Jean-Philippe Recappe said the gunman opened fire as people left the mosque in the city's Pontanezen neigbourhood. The men are said to have been injured in the leg. According to French media reports, one of the men injured was a controversial imam called Rachid El Jay.  The victims were treated at the scene and sprayed with water because of the extreme temperatures of the current French heatwave, it is reported. Public broadcaster France 3 reported the gunman was on the run. It was not immediately clear whether the shooting was religiously motivated, a settling of scores, or motivated by other unknown factors, Recappe told Reuters. Police have urged people to remain 'prudent'.  

A civil society group, the Civil Liberty Union, has raised alarm over alleged harrassments and threats against some members of the Supreme Court panel of Justices presiding over the Osun governorship Appeal by a team allegedly led by a national leader of the All Progressives Congress, APC, in Southwest and 2 governors one from the South West and the other from North West. The group alleged that the APC leader and the two governors were allegedly using the names of President Muhammadu Buhari to intimidate the Justices to jettison the supremacy of the Constitution and find any way to give a favourable judgement to Gboyega Oyetola, the candidate of the All Progressives Congress, APC. This claim was contained in a statement issued to DAILY POST on Wednesday in Abuja and signed by its Coordinator, Mallam Shuaibu Adamu. The statement added that the APC leader and the 2 governors went bullish and desperate when they couldn’t get President Buhari to give explicit support to his quest to...

A woman alleged to specialize in producing fake peak milk has been nabbed by security agents.     The suspect Security operatives have nabbed a Nigerian woman accused of allegedly producing fake Peak Milk in Nigeria. She's now under police investigation as more details will emerge later. The latest discovery is coming after the National Agency for Food and Drugs Administration and Control (NAFDAC) in 2017 intercepted a transport vehicle laden with counterfeit Peak Milk products from reaching targeted market in Lagos. The vehicle, which was suspected to have taken off from the South East, was bound to Lagos State carrying several cartons of the near-perfect Peak Milk products of the 450g refill size when the agency’s surveillance team discovered and seized it. credit by torinews

Oil rig Oil prices fell on Thursday to erase some of the previous session’s strong gains, as traders wait for the G20 summit in Japan and for a meeting of OPEC and other crude producers to decide on an extension of output cuts. Brent crude futures were down 42 cents, or 0.6 per cent, at 66.07 dollars by 0658 GMT. U.S. West Texas Intermediate (WTI) crude futures were down 33 cents, or 0.6 per cent, at 59.05 dollars. Oil prices rose more than 2 per cent on Wednesday to their highest in about a month, buoyed by U.S. government data showing a larger-than-expected drawdown in crude stocks as exports hit a record-high and surprise drops in refined product stockpiles. However, traders said concerns that a hoped-for breakthrough on trade at the G20 may not eventuate and some nervousness about continued output cuts were crimping follow-through buying. “Investors are split as what to expect from the G20, a positive reset to trade talks … could do wonders in the short-term for the ...

The Federal Government’s June bonds worth N100bn, which was offered on Wednesday, was oversubscribed by over N60.13bn. Total subscription received from investors for the bonds was N160.13bn, comprising N39.34bn for 12.75 per cent FGN April 2023 bonds; N60.30bn for 14.55 per cent FGN April 2029 bonds; and N60.49bn for 14.80 per cent FGN April 2049 bonds Recent trends in the FGN bonds also showed that investors were embracing the long-term bonds, as the recent 5, 10 and 30-year bonds had 43, 58 and 62 total bids respectively. The auction result added that 19, 22 and 30 bids were, however, successful for the three bonds allotted. The Debt Management Office (DMO) had earlier disclosed its plans to auction bonds worth N100bn by subscription. Its circular showed the breakdown of the figure to include a N30bn five-year reopening bond that would mature in April 2023 and be offered at 12.75 per cent; another N40bn 10-year reopening bond that would mature in April 2029 and be auctio...

The pre-election suit challenged the eligibility of Mr Abiodun over his failure to participate in the National Youth Service Corps (NYSC) scheme.   A Federal High Court in Abuja says a candidate cannot be disqualified from an election for failure to participate in the National Youth Service Corps scheme. The court made this pronouncement on Wednesday when it struck out a suit brought against the Governor of Ogun State, Dapo Abiodun, by a former senator, Iyabo Anisulowo. The pre-election suit challenged the eligibility of Mr Abiodun over his failure to participate in the National Youth Service Corps (NYSC) scheme. The NYSC was established in 1973 and participation is mandatory for all Nigerians who graduate from a tertiary institution in or outside the country before they attain the age of 30. The presentation of the NYSC discharge certificate awarded at the end of the one-year scheme is a requirement for employment into the formal sector in Nigeria. Last year, the r...

Vice President Yemi Osinbanjo in a meeting with the Vice President of the United States of America, Mike Pence, discussed economic ties between both countries. Both leaders also discussed a partnership to enable investors in Nigeria and the acquisition of arms and ammunition to tackle terrorism. Professor Osinbajo disclosed this to Channels Television on Wednesday after the meeting was held at the White House in Washington DC. He added that they both consolidated on previous talks and also focused on how the two countries can work together on the threats to the Sahel region. “We discussed a wide range of issues from our economy and ways in which investors could participate effectively in the economy. We also talked about security. Ways in which we could work together on some of the threats, especially in the Sahel. “What we are working on at the moment is cooperation that has been on for a while so the whole point of it is to see how to bring several of those things to fru...