Author: News Room

A chartered accountant and Chairman of Treal Hotels and Suites, Mr Adebayo Fagbenro, has described tourism, culture, and the hospitality industry as viable sources of revenue capable of boosting Nigeria’s Gross Domestic Product and creating sustainable employment opportunities. Fagbenro made this known in a statement issued on Wednesday by DAL Strategic Communication ahead of the inauguration of Treal Hotels and Suites in Abeokuta, Ogun State. He said Ogun State is richly endowed with tourism potential and cultural heritage sites that could attract both local and international visitors if properly developed. He stated, “The era of overdependence on oil revenue is…

Super Eagles striker Tolu Arokodare has sent a message to Wolverhampton Wanderers fans suggesting he intends to stay at Molineux next season, even as Turkish clubs Beşiktaş and Fenerbahçe are among those tracking his availability, PUNCH Sports Extra reports. Arokodare joined Wolves from Genk in a €26m deal last summer but endured a difficult debut campaign in the Premier League. He finished as one of the club’s top scorers despite registering only six goals and two assists in 38 appearances — a modest return that did little to mask a largely underwhelming individual season in a team that was eventually…

The Centre for Public Accountability has described the Tertiary Education Trust Fund as a critical lifeline sustaining Nigeria’s struggling higher education sector, warning that many public tertiary institutions would have faced deeper infrastructural decay and academic setbacks without the agency’s interventions. Speaking during a virtual press conference on Thursday, the Executive Director of CPA, Olufemi Lawson, said findings from the organisation’s independent assessment showed that TETFund has remained indispensable to the survival and development of universities, polytechnics and colleges of education across the country. Lawson said the civil society organisation undertook months of investigative and monitoring activities across Nigeria to…

Amazon MGM Studios announced Wednesday it has greenlit the first three children’s shows that were created under a new initiative to use artificial intelligence in content development. The GenAI Creators Fund pays filmmakers, digital creators and startups to use AI to develop their projects in a short time frame. “Punky Duck” series director Jorge Gutierrez said he is used to spending two years making a pilot, but his new show was greenlit to run on Amazon after just two months. “The best way I can describe it is, it’s like you have sex and then someone hands you the baby,”…

The US Commodity Futures Trading Commission has asked a federal court to vacate its $5 million settlement with crypto exchange Gemini, claiming that the agency’s enforcement action was based on flawed allegations.Gemini settled with the CFTC and paid a $5 million fine in January 2025 in the final weeks of the Biden administration after the agency accused it of making false or misleading statements related to a Bitcoin futures contract.The CFTC filed a joint motion with Gemini in a Manhattan court on Wednesday seeking to vacate the settlement, adding in a statement that it had reviewed the matter and concluded…

Carmen Electra reflected on why her marriage to NBA icon Dennis Rodman crumbled within six months. “It was just too hard to continue to keep up with him and his friends,” Electra, 54, admitted on the Tuesday, May 26, episode of the “Legally Goff” podcast. “It was constant drinking.” The former couple had a whirlwind relationship that started with a chance meeting at a club. Rodman, 65, and Electra exchanged vows at the famous Little Chapel of the Flowers in Las Vegas, Nevada, in November 1998, but he sought an annulment nine days later. While the two briefly reconciled, Electra…

Former Vice President Atiku Abubakar has faulted President Bola Ahmed Tinubu’s government’s defense of rising debt profile. In a statement by his spokesperson, Phrank Shaibu, Atiku said Tinubu’s administration glorifies what he described as ‘reckless borrowing’ while many Nigerians sink deeper into hunger and despair. Recall that some Nigerians have been raising concerns over the country’s rising debt profile, which stood at around N154 trillion according to the Debt Management Office. This comes at the time the World Bank recently cancelled its $717 million power sector debt to Nigeria. A presidential spokesperson, Bayo Onanuga, in his remarks to the rising…

Former Speaker of the Plateau State House of Assembly and member representing Pankshin North, Rt. Hon. Dewan Gabriel, has announced his decision to step down from contesting for the Senate seat of the Pankshin, Kanam, and Kanke, PKK, federal constituency on the platform of the Young Peoples Party, YPP, to seek re-election into the State House of Assembly in the 2027 general elections. Hon. Gabriel had been widely tipped to contest for the senate seat after he reportedly purchased the nomination form for the contest but in an announcement on Wednesday, the ex-Speaker said he is stepping down from the senate…

Plateau State Police Command has arrested two men suspected to be members of the notorious Sara-Suka cult group that has been terrorising parts of Jos North Local Government Area of the state. The State Police Public Relations Officer, PPRO, SP Alfred Alabo, who disclosed this in a statement made available to journalists in Jos on Wednesday, said operatives of the Command also recovered dangerous weapons and substances suspected to be hard drugs in separate operations aimed at dislodging criminal elements from the state. Alabo said the raids on criminal hideouts were made following a directive by the Commissioner of Police,…

Veteran Nollywood actress, Shaffy Bello has sparked controversy with her unconventional advice to young women about commercial sex work. Featuring in a recent episode of the Moraya Show, the actress claimed that it is okay for ladies to engage in commercial sex work if it is for survival or pressing needs. Bello said she doesn’t judge commercial sex workers but rather she encouraged them to do it well with respect.  She, however, warned that women who go into sex work due to pressing needs shouldn’t tarry in it. “If what you are doing now is being a ‘runs girl’ to…