Author: News Room

Lagos’ residential property market remains deeply undersupplied despite more than 34,800 housing units currently in the development pipeline, according to the Lagos Real Estate Development Pipeline Report 2025/2026 by Estate Intel. The report estimates that Nigeria’s commercial city has an existing residential stock of about 1.8 million housing units, far below demand in Africa’s most populous city. Estate Intel puts the housing deficit at over 2.7 million units, with the shortfall most severe in the middle-income and affordable housing segments. Despite the scale of unmet demand, developers are increasingly focusing on luxury and high-end residential projects, a strategy the report…

The Pentecostal Fellowship of Nigeria has paid a glowing tribute to legendary American gospel singer, Ren Kenoly, who died at the age of 81. The News Agency of Nigeria reports that the passing of the late singer was confirmed on Tuesday, triggering an outpouring of tributes from gospel music communities, ministers and Christian faithful around the world. PFN President, Bishop Francis Wale- Oke, eulogised the life and times of the late worship leader in a post on his Facebook page on Wednesday, describing him as “a true worshipper who gave his life to the glory of God.” He wrote: “Ron…

Spoilers to follow for the first two seasons of Fallout.While much of this season could be described as plodding, the pace picked up significantly toward the end. And there’s a whole bunch of stuff to keep track of: the bloodthirsty Legion appear to have settled their civil war and are now marching to New Vegas; Lucy (Ella Purnell) is trying to stop her father, Hank (Kyle MacLachlan), from using a mind-control device to bring some semblance of peace to the wasteland; Maximus (Aaron Moten) is fighting a losing battle against a herd of Deathclaws as he tries to save the…

Key takeawaysDubai does not criminalize privacy coins yet has ordered them to be removed from regulated financial channels. This means licensed firms in the DIFC can no longer trade, promote or package them into investment products.From a compliance perspective, privacy-by-default features conflict with AML and sanctions frameworks that require transaction visibility, making certain tokens structurally incompatible with regulated intermediaries.The policy reflects a broader global trend, as regulators in Europe, the US and parts of Asia are also restricting privacy-focused assets on licensed crypto platforms and within financial institutions.Dubai’s decision signals that future growth in regulated crypto will prioritize financial transparency,…

The Bridgerton cast — and author Julia Quinn — have tried to explain Benedict’s shocking mistress offer to Sophie after the season 4 scene led to fan outrage. Those who read Quinn’s book An Offer From a Gentleman already knew that when season 4 premiered in January 2026, Benedict’s (Luke Thompson) interest in a mysterious woman dubbed the Lady in Silver would create obstacles for him amid a growing attraction to housemaid Sophie (Yerin Ha). Despite the fact that Sophie is the Lady in Silver, her social class prevented Benedict from properly courting her. Benedict instead chose to get creative…

The Senate on Wednesday lamented the increasing banditry attacks across Katsina State, which have reportedly claimed at least 35 lives within 24 hours and forced several communities to abandon their homes and farmlands. Consequently, the upper chamber directed the Inspector-General of Police, Kayode Egbetokun, to equip newly established police squadrons across the state with at least three Armoured Personnel Carriers (APCs) each to strengthen intelligence-led operations, forest combing, cross-border collaboration and community-based intelligence gathering. The resolutions followed a motion sponsored by Muntari Dandutse (APC, Katsina South) during the plenary. Mr Dandutse raised concerns over worsening insecurity in his constituency and…

Dangote Petroleum Refinery & Petrochemicals (DPRP) on Wednesday denied reports suggesting that it imports finished petroleum products, describing the claims as incorrect and based on a misunderstanding of global refinery operations. As a large‑scale merchant refinery, the company said it refines crude oil and processes intermediate feedstocks into premium petroleum products and petrochemicals that meet the highest international standards. Speaking during a media briefing at the refinery, the Chief Executive Officer and Managing Director, David Bird, explained that processing intermediate or semi‑processed materials is a standard practice within the global refining industry. He clarified that this practice does not amount…

LALIGA’s ambition to deepen its roots in Nigeria took centre stage in Lagos recently, as the Spanish league convened senior executives, policymakers and industry leaders for LALIGA Talks and Tapas, a high-level networking and cultural forum that framed football as a platform for business, governance and long-term value creation. Designed as an intimate, invitation-only gathering, the Lagos edition of Talks and Tapas marked a shift from fan-facing activations to boardroom engagement, bringing together C-suite executives and institutional stakeholders to explore how football intersects with law, commerce, culture, and youth development. The event reinforced Nigeria’s growing importance in LALIGA’s African strategy,…

A Court of Appeal sitting in Owerri has dismissed an application seeking to stop the Abia State Government from appointing judges. Ruling on the appeal on Wednesday, Justice Ntong Ntong said the application lied against the Court of Appeal and had no basis in law. Justice Ntong also presented the judgement of the other two members of the appeal panel, Justices F. O. Omoleye and Lawal Abubakar, which he stated concurred with his. The applicants, Mr. E. E. Agwulonu and Nkume Ijeoma Oluchi, for herself and the 2022 shortlisted candidates for appointment as judges, had filed a Motion on Notice…

Former Benue State Governor, Gabriel Suswam, has officially joined the All Progressives Congress, APC. Suswam joined the APC on Wednesday barely 24 hours after he resigned from the Peoples Democratic Party, PDP. He marked his first activity as an APC member by registering at his Mbagber Council Ward, located in Logo Local Government Area, Benue State. DAILY POST reports that Suswam quit the PDP on Wednesday. The former governor cited the unending internal crisis rocking the opposition party as the reason for his resignation.