Author: News Room

A chieftain of the All Progressives Congress, Samuel Ajose, has announced his withdrawal from the Lagos State governorship race, declaring support for the Deputy Governor of Lagos State, Obafemi Hamzat, ahead of the next governorship election. Ajose announced this on Tuesday while addressing his supporters in Lagos, saying the decision was taken after careful reflection and in the interest of unity and collective progress. According to him, although the decision placed him in a difficult position, he found peace after weighing what would benefit everyone involved. “I know it is a very tough decision. I still struggled with it overnight,…

Nigeria’s fiscal and foreign exchange reforms that improved external reserves, increased FX liquidity, and strengthened confidence in the economy have prompted an upgrade of the country’s sovereign credit rating, among other economic gains, ARINZE NWAFOR writes Nigeria’s ongoing economic and financial sector reforms have received renewed international recognition following the recent decision by S&P Global Ratings to upgrade the country’s long-term foreign and local currency sovereign credit ratings from ‘B-’ to ‘B’, while maintaining a stable outlook. On Saturday, PUNCH Online reported that S&P Global Ratings upgraded Nigeria’s long-term foreign and local currency sovereign credit ratings to “B” from “B-”,…

Over 200 players are expected in Lagos for the final selection event of the Templar-Adrenale Athlete Development Initiative, one of the biggest grassroots basketball gatherings in Nigeria. The event is scheduled for Saturday, May 23, 2026, at the newly renovated Dolphins Basketball Court in Mongoro, Ikeja. It is being organised in partnership with the office of the Senior Special Assistant to the President on Grassroots Sports Development, Adeyinka Adeboye, signalling growing federal support for structured youth athlete development in Nigeria. For months, scouts and development officials have travelled across the country identifying exceptional young talents between the ages of 13…

Ugreen has announced a new Apple Find My-compatible tracker with a novel design that limits where you can hide it, but greatly benefits battery life. Inspired by “major football tournaments” the company doesn’t call out by name, the Ugreen FineTrack 2 is shaped like a soccer ball and is designed to be used hanging off your keys or bags. It’s much larger than an Apple AirTag or credit card-sized trackers, but still small enough to bury in a suitcase or stick in your car’s glove compartment.The waterproof FineTrack 2 is available now for $19.99 and comes with a 600mAh CR2450…

Asset manager Yorkville America has requested to withdraw multiple crypto exchange-traded funds applications filed on behalf of the Donald Trump-backed Truth Social after changing its product strategy.Yorkville America said Tuesday that it is moving away from offerings registered under the Securities Act of 1933, such as the proposed Truth Social Bitcoin ETF, to structures under the Investment Company Act of 1940, saying the shift would enable it to offer more innovative products while benefiting from stronger investor protections and tax efficiencies. Yorkville America’s Truth Social Bitcoin & Ethereum ETF and Truth Social Crypto Blue Chip ETF were also withdrawn. The asset…

Kathie Lee Gifford is turning the page on her Connecticut chapter of her life — and has a multimillion-dollar listing to prove it. The former TV personality, 72, is selling the eight-bedroom, nine-bathroom waterfront mansion she once owned with late husband Frank Gifford for a staggering $100 million. The 13,163-square-foot Greenwich property, purchased by the former couple in 1994, sits on nearly three acres of land and is being sold through Leslie McElwreath at Sotheby’s International. “Frank and I were immediately drawn to the extraordinary and unique Mediterranean beauty of the house on Cedar Cliff. We felt as though we…

The former Minister of Communications and Digital Economy, Isa Pantami, has withdrawn from the All Progressives Congress (APC) governorship primary in Gombe State. Mr Pantami announced the decision in a statement posted on his verified Facebook page late Tuesday. The statement, signed by Ibrahim Attahir, said the decision is in protest over violations of the Electoral Act 2026 and the party’s failure to provide a channel of communication ahead of the contest and several other reasons. Below is the full statement from Mr Pantami In the name of God, the Entirely Merciful, the Especially Merciful. Prof. Isa Ali Ibrahim Pantami,…

The Defence Headquarters, DHQ, has refuted reports suggesting the existence of a terrorist stronghold in the South-West, insisting that security operations currently underway are focused on rescuing abducted victims and eliminating criminal elements behind recent attacks. The clarification was made on Tuesday in Abuja by the Director of Defence Media Operations, Maj.-Gen. Michael Onoja. Onoja stated that the Chief of Defence Staff, Gen. Olufemi Oluyede, had expressed sympathy to the government and people of Oyo State, as well as families affected by the recent abduction of pupils and teachers in Oriire Local Government Area. He condemned the attack on the…

Former Speaker of the Benue State House of Assembly and member representing Gboko West Constituency, Rt. Hon. Hyacinth Aondona Dajoh, has announced his withdrawal from the All Progressives Congress (APC) primary election for the State House of Assembly seat. The withdrawal was disclosed in a statement signed by his media aide, Agber Kulugh. According to the statement, the decision was informed by what Dajoh described as alleged manipulation and lack of transparency in the conduct of ongoing APC primary elections across Benue State. The statement claimed that reports and developments from some areas where primaries had already taken place suggested…

Troops of the Nigerian Army have arrested a suspected arms dealer in Taraba State over alleged involvement in the sale of 23 AK-47 rifles to a rogue vigilante group leader. The development was contained in a post shared on X on Tuesday by security analyst Zagazola Makama. Security sources said the arrest was carried out during a joint intelligence-led operation involving troops of the 20 Model Battalion and operatives of the Defence Intelligence Agency. The operation reportedly took place around 3:30 am on May 17, 2026, at Sabon Gida village in Gassol Local Government Area of the state. According to the sources,…