Author: News Room
Some of the largest US banks are reportedly planning to launch a tokenized deposit network in the first half of 2027 in response to growing competition from blockchain companies expanding into traditional finance. The network will be operated by The Clearing House, the bank-owned payments operator, and will connect traditional payment rails with digital asset infrastructure for 24/7 settlement, CEO David Watson told The Wall Street Journal.The Clearing House is co-owned by some of the largest US banks, including JPMorgan Chase, Bank of America, Citibank, Barclays, BNY and Wells Fargo, among others, according to its website.The plan shows how banks are…
President Donald Trump plans to be at Madison Square Garden for Game 3 of the NBA Finals on Monday, June 8, but he doesn’t seem to have much sympathy for New York Knicks fans that can’t afford a ticket. “You can watch it on television,” Trump, 79, said while meeting with reporters on Friday, June 5, when told the get-in price for Game 3 was over $8,000. “It’s sort of semi-free to watch it on television. That’s the way life goes… If the team wasn’t a big success, tickets would go very easily… but that’s the way life is.” As…
Some residents of Enugu metropolis, Enugu State, and foodstuff sellers have expressed concern over the high cost of food items, particularly tomatoes, pepper and crayfish. Some of the sellers, who spoke to the News Agency of Nigeria (NAN) during a market survey on Friday, attributed the high cost of the commodities to the off-season period and high transportation costs. Joe Agu, a dealer in tomatoes and pepper at New Akwata Market, Enugu, said that a big basket of tomatoes now goes for N125,000 as against N80,000 in the month of April. Mr Agu added that a bag of pepper now…
The Peoples Democratic Party, PDP, has lashed out at former Ekiti State Governor, Ayo Fayose, over his allegation of the Oyo kidnapping being orchestrated by Governor Seyi Makinde, to blackmail President Bola Tinubu. A statement by the Publicity Secretary of the party in the South West, Sanya Atofarati, condemned and described the allegation as reckless, insensitive and politically dangerous. Atofarati added that such a statement is not only irresponsible and provocative, but also exposes Fayose’s glaring double standards on insecurity, political morality and public accountability. He said at a time when Nigerians are being killed, abducted and displaced by criminal…
The Adamawa State governorship candidate of the African Democratic Congress (ADC), Omar Suleiman, has affirmed that he remains in the governorship race. The affirmation came on Friday, hours after speculation emerged that he had decided to abandon his ambition, largely due to the defection from the party of his main backer, Babachir Lawal. Babachir, one of the two factional leaders of the ADC in Adamawa State (the other being the presidential ticket bearer, Atiku Abubakar), announced his defection earlier in the week, accusing Atiku of rigging the party’s primary elections to favour himself and his allies. Responding to speculation that…
A total of 397 Nigerians are currently undergoing screening to leave South Africa amid xenophobic tensions and anti-foreigner campaigns in the country. The exercise, which began on Thursday and is expected to end on Sunday, is being supervised by the South African Police Service, the Department of Home Affairs, and the Department of International Relations and Cooperation. This was disclosed by the President of the Nigerian Citizens Association in South Africa, Reverend Frank Onyekwelu, on Friday. Onyekwelu said over 600 Nigerians had applied to return home for various reasons, but only 397 were cleared for the first evacuation flight after…
Parents… parents… parents, When I say there’s serious fire on the mountain burning your girls, I know what I’m talking about! Sadly, many of you pushed them into it and have been enjoying the largesse the men they sleep with give them! What a shame! What a tragedy! About 11 years ago, on this same column, someone wrote this to me, and I published it: “In Nigeria of today, moral and family values went out of the window decades ago; virginity is the beginning of poverty, hardship, and hunger for any girl that is not from a well-to-do background in…
The Federal Government plans to launch a digital marketplace that will connect contractors, suppliers, and government procuring entities as part of ongoing efforts to modernise Nigeria’s public procurement system, the Director-General of the Bureau of Public Procurement, Dr Adebowale Adedokun, has said. Adedokun disclosed this in Abuja on Thursday during the inaugural Procurement Evolution Day organised by the BPP to commemorate nearly two decades of procurement reforms in Nigeria. According to him, the proposed Nigeria E-Market will be a key component of the bureau’s digital transformation programme, aimed at reducing human interference, increasing transparency, and improving competition in public procurement.…
Cyclists in Lagos joined the Cycling Federation of Nigeria and road safety officials to advocate safer roads and greater consideration for bicycle users as part of activities marking the 2026 World Bicycle Day. The cyclists embarked on an awareness ride across major parts of the state, using the event to promote cycling as a safe, affordable and environmentally friendly means of transportation while calling for improved infrastructure for riders. The rally, organised by the Cycling Federation of Nigeria in partnership with FT Cycle Care and the Federal Road Safety Corps, commenced from the National Stadium, Surulere, and passed through Anthony,…
Nigerian casting house, Afro-Wren Productions, has played a central role in the international feature film, ‘Clarissa’, an adaptation of Virginia Woolf’s classic ‘Mrs Dalloway’, directed by Chuko Esiri and Arie Esiri, which premiered at the Directors’ Fortnight section of the 2026 Cannes Film Festival. The film, which has since been acquired by NEON for global and US theatrical release, features an international ensemble cast including Sophie Okonedo, India Amarteifio, and David Oyelowo, alongside a carefully selected group of Nigerian actors sourced and developed by Afro-Wren Productions. At the heart of this collaboration is casting director, Olasunkanmi Adebayo, founder of Afro-Wren…
