Author: News Room

Estonia Suspends Zondacrypto Operator License

A European regulator has partially suspended the operating license of the company behind troubled crypto exchange Zondacrypto.The Financial Intelligence Unit (FIU) of Estonia partially suspended the license of BB Trade Estonia OÜ, operating under the Zondacrypto brand, according to a statement on Monday.According to the FIU, the company is now barred from accepting deposits and onboarding new clients, while existing users are still allowed to withdraw their funds. The suspension puts BB Trade Estonia OÜ at risk of losing its operating license if it does not meet compliance requirements set by Estonian authorities.Source: FIUZondacrypto faces broader regulatory scrutiny in Europe…

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Lisa Hochstein’s Charges to Be Dropped in Eavesdropping Case

The Real Housewives of Miami stars Lisa Hochstein and Jody Glidden are one step closer to getting their charges dismissed in an ongoing eavesdropping case. The pair have reached an agreement with prosecutors, under which their charges of interception of wire, oral or electronic communications could be dismissed as early as next month, Page Six reported on Tuesday, May 19. Their attorneys told the publication that “all charges” against the duo “will be dismissed [in] mid-June without any admission of guilt or conviction.” Us Weekly has reached out to Hochstein, 43, and Glidden’s attorneys for comment. Related: Lisa Hochstein Faces…

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Court begins contempt proceedings against FCCPC over alleged breach of digital lending order

The Federal High Court in Lagos on Tuesday commenced committal proceedings against the Federal Competition and Consumer Protection Commission (FCCPC) over alleged disobedience of a subsisting court order restraining the enforcement of its Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations 2025. The judge, Ambrose-Lewis Allagoa, adjourned the matter until 22 May for continuation after hearing arguments from lawyers representing the Wireless Application Service Providers Association of Nigeria (WASPAN) and the FCCPC. The dispute centres on the legality of the FCCPC’s regulatory framework for digital lending services, including airtime advances and other telecom-based credit products. PREMIUM TIMES had reported that…

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Rights group urges Enugu govt to rebuild homes of indigenes burnt by Army operatives

A South East based human rights group, International Society for Civil Liberties and Rule of Law, Intersociety, has charged the Enugu State government to help rebuild homes of innocent indigenes of Ime-Ezi community whose homes were burnt by military officials. Report from the state had revealed that operatives of the Nigeria Army who were on a mission to dislodge a camp of Biafra agitators in the area had burnt down some houses, after they were ambushed by the gunmen. In a press statement by the chairman Board of Trustees of the group, Mr Emeka Umeagbalasi, the group said there was…

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2027: Jonathan has purchased PDP presidential form – Umar Sani claims

A chieftain of the Peoples Democratic Party, PDP, Umar Sani, has claimed that former President Goodluck Jonathan has purchased a presidential nomination form ahead of the 2027 general election. Sani made the disclosure during an appearance on Trust TV on Tuesday. According to him, Jonathan’s actions indicate serious interest in returning to partisan politics ahead of the next presidential election. “In politics, what is important is action. If you are interested, there are processes you have to follow, one of which is the procurement of nomination forms. He has done that,” Sani said. When asked if Jonathan had indeed obtained the…

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Bauchi police arrest man over alleged assault of 14-year-old niece

The Bauchi State Police Command has arrested a 29-year-old man, Sadiq Abubakar Yusuf, over the alleged sexual assault of a 14-year-old girl in Guru Village, Bauchi. The incident was said to have been  reported at the ‘B’ Division, GRA, Bauchi, on May 15, 2026, at about 5 pm. A statement by the spokesman of the command, SP Nafiu Habib, revealed that the complainant, a 45-year-old man, alleged that the suspect, who is his nephew, lured his 14-year-old daughter outside their residence in the early hours of May 14 and allegedly sexually assaulted her. The police added that operatives swiftly responded…

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EPL: Wayne Rooney makes title prediction for next season with Guardiola set to leave

Manchester United legend, Wayne Rooney, has said next season’s Premier League title race will be a tight affair. Rooney was reacting to news that Pep Guardiola is set to leave Manchester City this summer. Guardiola leaves the English topfight after winning 20 trophies with City including six league titles. He is set to be replaced by Enzo Maresca at the Etihad. Rooney said on BBC: “I really do think that opens it up and the Premier League next season is going to be so exciting. “You’ll have City with a new manager, Chelsea with a new manager, Man United, Liverpool…

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Schneider seeks tougher action on fake electrical products

Schneider Electric has intensified efforts to tackle the spread of counterfeit electrical products in Nigeria, as concerns mount over the safety risks posed by substandard components in one of Africa’s fastest-growing consumer markets. The French energy management and automation company recently launched a targeted awareness campaign across major trading hubs, including Oshodi Market in Lagos and Okija Market in Port Harcourt, engaging traders, electricians and consumers on the dangers associated with fake electrical products. The initiative comes against the backdrop of rising electricity-related accidents in Nigeria and increasing scrutiny of informal supply chains that continue to distribute low-quality electrical equipment…

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Abducted UNIUYO student missing despite N500,000 payment

Six months after the abduction of a student of the University of Uyo, the father of the victim, Aniefiok Asian, has raised fresh alarm over his continued disappearance, accusing security agencies of failing to secure his rescue despite the payment of ransom and several reports made to authorities. Utibe, a 300-level student of the Department of Theatre Arts, was reportedly abducted on December 3, 2025, after receiving a phone call from an unidentified number, 09066935255, and leaving home to meet the caller at an undisclosed location in Uyo. His father, Pastor Asian, told PUNCH Metro on Tuesday that the family…

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A Dangerous Signal for South-West Nigeria

he evil men who have for years been on the prowl in different parts of the country took their devilish mission to the soul of the South-West—Oyo State, to be precise—on Friday, where they desecrated schools, violated innocence, and unleashed fear. They killed and abducted, leaving behind trails of blood, tears, and trauma. In a brazen display of brutality, the criminals even beheaded one of the teachers they kidnapped and shamelessly displayed his head like a trophy. What audacity! The Friday abduction of teachers and pupils from Community High School, Ahoro-Esinele, and Baptist Nursery and Primary School in the Ogbomoso…

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