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the All Progressive Congress, APC, have beaten the Peoples Democratic Party, PDP in the Edo governorship elections at Oredo LGA, the home town of Godwin Obaseki, the APC candidate. Osagie Ize-Iyamu of the PDP gave him a close fight though. Oredo LGA APC 37,612, PDP 30,492. Vote cast 73,712. Valid votes – 67401. Rejected votes – 4311. Five polling units undecided at Ward two. Note: This result is unconfirmed.  

Below are some of the headlines in some selected Nigerian Dailies for today, Thursday, September, 29, 2016 PUNCH: Naira plummets to all-time low of 472/dollar Jibrin heads for court over 180-day suspension FEC, not govs will decide on sale of assets –FG Edo election: Oyegun loses in his polling unit Boko Haram pastor and death of curiosity Atiku backs Tinubu, slams Oyegun for Ondo APC primary Edo election: Ize-Iyamu, Obaseki in close race Tight security as INEC awaits results from LGAs 23 stocks depreciate as market sheds N4bn VANGUARD: Tebite Scores Okowa High, Says He’s A Grassroots Politician Soldiers Provide Hygiene Service To Delta Community Cardinal Onaiyekan Sues For Religious Tolerance, Says God Belongs To All Photos: Lagosians Cook ‘Egusi’ Soup With Alligator Killed At Gbagada Time To Pass The PIB 4:00 AMWhich Way Out Of This Recession? Nigeria Lost N61trn To Non-Passage Of PIB – NEITI ‘In Nigeria, Governmen...

Crude oil prices on Wednesday jumped by more than 5% to $48 per barrel after the Organisation of Petroleum Exporting Countries (OPEC) at an informal meeting in Algeria agreed to cut oil output for the first time since 2008. Saudi Arabia, who has had a tough opinion against output cuts, softened its stance on arch-rival Iran amid mounting pressure from low oil prices, AFP reported. Reports say OPEC would reduce output to 32.5 million barrels per day (mbpd) from current production of 33.24mbpd. How much each country will produce is to be decided at the next formal meeting of OPEC in November, when an invitation to join cuts could also be extended to non-OPEC countries such as Russia, sources said.  

Nigeria's Sports Minister, Solomon Dalung on Wednesday said the sports industry has the potential to move the country out of recession, a report from Today.ng says. Dalung said sports “remains the only industry that can move Nigeria out of recession. It is only in sports that you can enumerate about five to six benefits that are very key to National development. “Sports provide valuable employment today… it is a foreign exchange earner and can also help build a tourism base,” he said, adding that if money was invested in sports, it would take many youths off the streets. He said this while receiving the Chief of Army Staff, Lt. Gen Tukur Buratai, who paid him a courtesy visit accompanied by members of the Central Organising Committee of the 16th Nigerian Army Sports Festival coming up on October 10 to 16. On Tuesday in Kwara, he also urged state governments to invest in sports. “The panacea to all related development problems is to re-direct ener...

The Independent National Electoral Commission (INEC) says results of the Edo state governorship election will Thursday (today) be announced. Sam Olumekun, resident electoral commissioner of Edo, disclosed this after a closed-door meeting with a national commissioner and two resident electoral commissioners. NigerianBulletin will bring you live updates from CREDIBLE Sources from the Ikpoba Hill headquarters of the Electoral commission in Edo.