Author: News Room

The Central Bank of Nigeria (CBN) has announced a reshuffle of four deputy governors, with the changes taking effect from 1 June. CBN disclosed the redeployment through an update on its website, showing fresh responsibilities for the four deputy governors, as the institution continues to oversee monetary policy, financial sector regulation, and other key functions of the nation’s economy. The redeployment is part of the CBN’s reforms to strengthen confidence in the financial sector, improve regulatory effectiveness, and support macroeconomic stability. Reshuffle Under the new arrangement, Muhammad Abdullahi has been moved from the Economic Policy Directorate to head the Corporate…

Media professionals have cautioned inexperienced journalists against purveying unverified news, stating that dissemination of fake news could lead to serious litigations. The stakeholders spoke to reporters in Abuja on Monday as part of activities to mark the 100 years celebration of Daily Times Newspaper. According to them, no media organization can survive political transitions, economic upheavals and technological changes if it is not committed to the ethics of journalism. Tony Amokeodo, ex-spokesperson to a former Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu called on reporters to verify their contents from primary sources and not secondary. “Some journalists rely on…

A mild protest erupted at the Independent National Electoral Commission, INEC, office in Abuja on Monday as Nollywood actor and House of Representatives aspirant, Emeka Ike, voiced his dissatisfaction over the outcome of the Nigeria Democratic Congress, NDC, primary election for the Abuja Municipal Area Council, AMAC, seat. Ike, who recently declared his intention to contest for a seat in the House of Representatives, stormed the INEC office alleging irregularities in the conduct of the primary election.  DAILY POST gathered that the actor lost the party’s primaries. Addressing officials during the protest, Ike expressed anger over the electoral process, insisting that he…

Former Manchester City defender, Micah Richards, has urged Arsenal manager, Mikel Arteta to sign Atletico Madrid striker Julian Alvarez after the Gunners failed to win the UEFA Champions League this season. Speaking on ‘The Rest Is Football’ podcast, Richards insisted that Arteta needs another striker to bolster his attacking options for next season. Arsenal currently has the likes of Kai Havertz and Viktor Gyokeres, but believes bringing in Alvarez will add something different to the team’s attack. “I think they need another striker. Kai Havertz is outstanding in terms of technical ability, and Viktor Gyokeres has done well in his…

Abia State Governor Alex Otti, has commended the Nigerian Council of Registered Insurance Brokers for its efforts to increase public awareness and deepen insurance penetration across Nigeria. Otti made the commendation while receiving a delegation from the Nigerian insurance industry led by the President of the Nigerian Council of Registered Insurance Brokers, Mrs Ekeoma Ezeibe, in his office on Monday. The governor acknowledged the critical role of insurance in protecting individuals, businesses, and investments from unforeseen risks and praised the industry’s decision to engage directly with the public. He noted that effective regulation requires close interaction with the people the…

Motorists plying the Lagos-Abeokuta Expressway have expressed frustration over the collapse of a section of an access ramp linking the highway to the Oshodi-Apapa Expressway bridge. The motorists told PUNCH Metro during a visit to the spot on Saturday that the development often forces drivers to slow down while navigating the area and frequently results in traffic congestion. It was further gathered that the damaged section of the ramp has remained unattended for some time. The situation is said to have worsened following recent rainfall, which has left the collapsed portion submerged in floodwater. A motorist who identified himself simply…

The story of the APIN Public Health Initiatives, which is set to mark its 25th anniversary, is a story of resilience and determination. A story of never-say-die spirit steeped in the stigmatised world of the HIV/AIDS epidemic. APIN, as it is known today, did not start as full Nigerian registered organisation working assiduously to help in strengthening public health in Nigeria. It was a programme management office for a Bill and Melinda Gates Foundation grant awarded to Harvard T.H. Chan School of Public Health in 2000. For six years, it operated within that framework, building systems and expertise in HIV…

Super Eagles coach Eric Chelle has again apologised to Nigerians for the team’s failure to qualify for the 2026 FIFA World Cup, while also expressing his desire to remain in charge beyond his current contract, PUNCH Sports Extra reports. Chelle has been in charge of the Super Eagles since January 2025. With about six months left on his current deal, his future remains uncertain following the inability of his agent and the Nigeria Football Federation to reach an agreement on the terms of an extension. The Franco-Malian coach joined Nigeria’s World Cup qualifying campaign in March 2025, winning four matches…

Crypto asset manager Grayscale could launch its exchange-traded fund tied to the Hyperliquid token in the US as soon as this week after it amended a regulatory filing for the fund, an analyst says. Bloomberg ETF analyst James Seyffart posted to X on Monday that the launch of Grayscale’s ETF was “likely imminent” and was “expecting the launch this week” after the company amended the fund’s filing for the sixth time to add its ticker and fee.Grayscale’s amended filing added that the ETF would trade under the ticker HYPG with a 0.29% management fee, which Seyffart noted “slightly undercuts” rival Hyperliquid…

Mackenzie Shirilla is already complaining of cabin fever as she serves two concurrent sentences of 15 years to life for double murder. According to a jail audio call obtained by TMZ on Monday, June 1, Mackenzie, 21, complained to her mother, Natalie Shirilla, about her downtime behind bars. Mackenzie expressed frustration that she doesn’t have access to her commissary, an in-facility store that allows incarcerated individuals to purchase various items, including snacks, hygiene products, writing materials and more. “How am I going to make this one book stretch?” Mackenzie asked, adding that she was not planning on “reading the same…