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Today's Headlines:Ex-Konga CEO’s death not suicide–family;I’m behind Verydarkman’s arrest–Samklef

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Ex-Konga CEO’s death not suicide, family says

Photo Credit: Punch Newspapers

The family of the late former Chief Executive of e-commerce giant, Konga, Nick Imudia, has refuted reports that he killed himself, stating that investigations are ongoing to determine the cause of his death.

The family, in a statement, dismissed reports that Imudia had made farewell calls to his brother and daughter, leaving instructions before his passing, describing these claims as untrue.

Leadership Newspaper reports in a statement signed by Dr. Anthony N. Imudia on behalf of the family, the family condemned the reportage of the news of the former Konga CEO’s death whilst the family was in the hospital trying to resuscitate him.

PUNCH Online could, however, not independently obtain this statement.

‘I’m behind Verydarkman’s arrest’ – Samklef

Photo Credit: Daily Post

Popular Nigerian music producer Samklef, has claimed responsibility for the arrest of controversial critic Verydarkman, otherwise known as VDM.

Reports were rife on Sunday, that VDM was arrested, weeks after he was released.

He had been in and out of police custody since the beginning of this year, following his collisions with different Nigerian celebrities.

Reacting to Verydarkman’s latest arrest, Samklef wrote in a post on his Instagram page: “I’m behind Verydarkman’s arrest. I have a serious death threat case with him.

Why PDP lost 2023 gov poll in Cross River — Chairman

Photo Credit: Punch Newspapers

The chairman of the Peoples Democratic Party in Cross River State, Venatius Ikem Esq, has lamented the failure of the party to clinch victory in the 2023 governorship election.

He attributed the failure of the PDP at the poll to the party’s internal wrangling and disunity.

Ikem revealed this during the PDP’s stakeholders meeting which took place at the Metropolitan Hotel, Calabar, on Sunday.

The PDP chairman stressed that the party went into the election with a divided house, paving the way for the loss it suffered in the election, including the loss in key positions.

Equity investors gain N475bn in one week 

Photo Credit: Punch Newspapers

Investors in Nigeria’s equity market gained N475bn buoyed by Computer Warehouse Group, FTN Cocoa Processors, and United Capital plc.

This week, bulls dominated three of the five trading sessions, pulling the domestic bourse to positive territory with a 0.3 per cent appreciation in the all-share index to 100,057.49 points.

Also, the market capitalisation rose by 0.3 per cent week on week to N56.6tn.

The Year-to-date return nudged higher to 33.8 per cent this week.