Author: News Room

Wema Bank Plc says it is intensifying efforts to join Nigeria’s tier-one banking group in the near term, through strong earnings growth, fresh capital inflows and a strategic expansion drive. The Managing Director and Chief Executive Officer, Moruf Oseni, gave the assurance on Wednesday at the bank’s Annual General Meeting (AGM) in Lagos. He said that the institution had recorded a deliberate and consistent improvement in profitability over the past three years. Mr Oseni said management and staff were intentionally positioning the bank for top-tier status, pointing to a sharp rise in earnings as evidence of sustained execution of its…

Veteran broadcaster Frank Edoho has broken his silence over the allegations levelled against him by his ex-wife, Sandra Onyenucheya. PREMIUM TIMES reported that Ms Onyenucheya accused the TV host of domestic violence, infidelity, and allegedly selling her properties without her consent during their marriage. However, the former host of “Who Wants to Be a Millionaire”, in a series of statements posted on his Instagram page on Wednesday night, described the allegations as false and misleading. He stated that he was fully aware of the concern, commentary, and attention the allegations had generated, and that he found it necessary to address…

Super Falcons superstar Asisat Oshoala continued her remarkable debut campaign in Saudi Arabia by getting on the scoresheet for Al Hilal Women. Still, it was not enough to prevent a heartbreaking 3-2 defeat to Al Nassr Women in the Saudi Women’s Cup final after a dramatic extra-time battle. The six-time African Women’s Player of the Year converted a late penalty after winning the spot-kick herself, scoring Al Hilal’s second goal in a fiercely contested final that ultimately slipped away from her side in extra time. Despite the defeat, Oshoala closed out another outstanding season in front of goal, finishing with…

An Assistant Superintendent of Police, ASP Newton Isokpehi, has come under criticism after a now-deleted TikTok video surfaced online showing him threatening Nigerians who record police officers while on duty. In the viral clip cited by DAILY POST, the officer warned that he would shoot anyone caught filming him during operations. He said, “Any day I’m on duty as a Nigerian police officer, let anyone record me. That person will provide the officer who gave them the order to be filming us, because I will clear everybody down.” His statement sparked outrage among Nigerians and media commentators, with many describing…

The All Progressives Congress, APC, in Katsina State has affirmed Governor Dikko Radda as its consensus governorship candidate for the 2027 general elections. The affirmation exercise was conducted on Thursday under the supervision of officials from the party’s national headquarters. Dr Yakubu Maccido, the Chairman of the Electoral Committee for the Governorship Consensus Exercise, said 160 delegates unanimously affirmed Radda as the party’s candidate. Maccido explained that in line with the provisions of the Electoral Act and the APC guidelines, a sole aspirant must be affirmed through a voice vote by delegates. He subsequently declared Radda as the APC consensus governorship candidate…

The Sokoto State Hisbah Board has shut down a suspected brothel and arrested 11 people, both men and women, in Sokoto metropolis. The operation took place on Wednesday evening, in the Sokoto Cilma area of the state capital. Officials said the raid was carried out under a special exercise tagged “Operation Tsaftace Birni Shehu,” which is aimed at clamping down on activities considered immoral and against religious and public order laws in the state. According to the Hisbah Board, the operation followed intelligence reports received from members of the public about suspicious activities in the house. The Acting Commander of the Sokoto State…

Mercy Johnson Okojie has come under criticism online following her unveiling as brand ambassador for Girls Tag, a menstrual care brand reportedly selling at N25,000. Girls Tag, described as an all-in-one period care pack designed for girls aged nine and above, recently launched with Mercy Johnson and her daughter, Purity Okojie, as brand ambassadors. Shortly after the launch, Regina Daniels was also announced as an ambassador for the brand. However the launch of the product has sparked backlash on social media, with critics describing the price as unrealistic and insensitive, especially as millions of Nigerian women and girls struggle to…

Super Eagles head coach Éric Chelle will lead out local players and backroom staff to London on Friday ahead of the Unity Cup, DAILY POST reports. Chelle included seven home-based players in his squad for the friendly invitational tournament. They will be joined in London by 20 foreign-based professionals. The contingent will travel to London from the Nnamdi Azikiwe International Airport, Abuja, on Friday morning. The Super Eagles will face the Warriors of Zimbabwe in their semi-final clash at the Valley, home ground of Sky Bet Championship club Charlton Athletic, next week Tuesday. India and Jamaica will clash in the other semi-final.

Bambu Lab makes the best, most accessible 3D printers yet, but that reputation is suddenly under siege. It all started when Paweł Jarczak received a private message from the company on Reddit asking him to delete his code. Now the 3D printing community is lining up behind Jarczak to fund a war against Bambu — and the future of 3D printers could be at stake.Jarczak is a developer who shared a way to let people remote control their Bambu printers without using Bambu software. But Bambu wanted to lock down its system, despite relying on open-source code. That provoked a…

HONG KONG, May 21 — OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licensed digital asset exchange OSL HK has officially listed USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic. The listing marks a significant step in bringing a state-supervised, asset-backed digital currency to one of the world’s most established licensed virtual asset markets.Pegged 1:1 to the U.S. Dollar and fully backed by physical gold reserves, USDKG is now accessible to professional investors through OSL’s institutional-grade infrastructure. The initial trading pair USDKG/USDT is now available to professional investors across OSL HK’s…