Author: News Room

Nigerian equities closed the Christmas-shortened trading week on a positive note as improved investor sentiment lifted the market by N954bn, despite reduced trading sessions. The NGX All-Share Index and market capitalisation both appreciated, supported by gains in key large- and mid-cap stocks, while trading activity moderated week-on-week due to the holidays, TEMITOPE AINA writes Trading on the Nigerian Exchange Limited was restricted to three sessions during the week following the Federal Government’s declaration of Thursday, 25 December, and Friday, 26 December 2025, as public holidays to mark the Christmas celebration. Despite the shortened week, market sentiment remained largely bullish, reflecting…

Bitmain, the largest manufacturer of application-specific integrated circuits (ASICs), the machines used to mine proof-of-work (PoW) cryptocurrencies, has reportedly slashed prices on several generations of mining hardware amid sector-wide turmoil for the mining industry.The company is offering bundle deals and discounts across the board, including on its S19 and S21 series machines that would have been considered “distressed sales” earlier in 2025 when Bitcoin (BTC) was rising in price, according to TheMinerMag.Even newer, flagship mining hardware like the S21 immersion-cooled ASICs were offered at discounts of $7 per terahash-second (TH/s), and some hardware bundles were auctioned off to mining operators…

The year 2025 was clearly the year of Bachelor Nation baby girls, as evidenced by three stars from Ben Higgins’ season of The Bachelor. Higgins, who led 2016’s season 20, became a dad in February when wife Jessica Clarke Higgins gave birth to daughter Winona “Winnie” Elane after a scary delivery. “Her blood pressure and so we lost her heartbeat for, like, 10 minutes,” Clarke Higgins said on her husband’s “Almost Famous” podcast that month. “They flipped me on all fours, so I’m on all fours in my hospital gown and like ten doctors come rushing in. It turns out…

The Sokoto State Government has confirmed that missile strikes conducted on Thursday by the US military targeted terrorist strongholds within the Tangaza Local Government Area (LGA). The government also said no civilian casualties have so far been recorded from the strikes in both Tangaza and neighbouring Tambuwal LGA. Earlier, the Chairman of Tangaza Local Government told PREMIUM TIMES that the targeted area is a “primary route” for terrorists and is most likely to have led to the death of many of them. The strike targeted areas believed to be hideouts of terrorists along the Nigeria-Niger border in Sokoto State, the…

Ghanaian preacher known online as Ebo Jesus, who prophesied that a three-year rainfall would begin on Christmas Day and flood the earth, has explained why the predicted disaster did not occur. In August, PREMIUM TIMES reported that the self-styled Ghanaian ‘Noah’ had earlier stated he received a divine revelation that the world would end with a three-year non-stop rain from 25 December. The preacher said he was instructed to construct an ark in preparation for a catastrophic flood. This newspaper reported that on 24 December, he disclosed the ark was already about 80 per cent complete, insisting it would serve…

Deputy Spokesperson of the House of Representatives, Philip Agbese, has said the Federal Government will operate a single budget from March 2026. Agbese disclosed this on Friday in an interview with journalists in Abuja, stating that the repeal and re-enactment of both budgets would ensure a coherent and predictable funding structure. He said the repeal and re-enactment of the budget is intended to align the nation’s budgeting system with global and international best practices. According to him, it would also ensure transparency and accountability at all levels and lessen the burden of oversight during implementation. “By adopting a single budget…

Former Ekiti State Governor Ayodele Fayose has said the recent wave of defections from the Peoples Democratic Party, PDP, has vindicated former Rivers State Governor Nyesom Wike and the G-5 governors who were previously labelled as traitors. Speaking during an interview on TVC, Fayose said, “Most of the governors that jumped did so in their own interest, what they felt would secure their future and their people. I wouldn’t blame them.” He disclosed that he had earlier warned PDP leaders about looming challenges within the party. “When the roof started sinking, I came out and spoke. I told Sẹ́un Okinbaloye…

Abakaliki FC have set Sunday, January 28 as the resumption date for the second stanza of the 2025/26 Nigeria National League, NNL season. The Rice Boys embarked on a one-week break at the end of the first stanza on Monday.Abakaliki FC held Osun United to a 3-3 draw in their last game of the first round in Osogbo. The club recorded three wins, three draws and one defeat in the first half of the season. They currently occupy third position on the Conference B table with 12 points. Abakaliki FC will face First Bank FC when the second half of…

The Ogun State chapter of the Labour Party has faulted Governor Dapo Abiodun over the recent purchase of Sports Utility Vehicles for the 20 local government chairmen in the state, describing the move as insensitive, ill-timed and a misplaced priority rooted in maladministration. The state chairman of the party, Oluwabukola Soyoye, said the decision was “a clear demonstration of misplaced priority at a time when residents are grappling with poor road infrastructure, rising cost of living and inadequate basic amenities across the state.” Soyoye, in a statement made available to journalists on Friday, lamented that several roads linking rural and…

The Sokoto State Government has confirmed that a joint airstrike carried out by the Nigerian military in collaboration with the United States targeted terrorist enclaves in Tangaza Local Government Area, with no civilian casualties recorded. The confirmation was contained in a statement issued on Friday by the Director-General of Media and Publicity, Government House, Sokoto, Abubakar Bawa, and made available to journalists in the state capital. According to the statement, the joint operation, conducted on Wednesday, was part of ongoing efforts to degrade terrorist and bandit networks operating within Sokoto State and along Nigeria’s northwestern borders. “The impact of the…