Author: News Room

The Economic and Financial Crimes Commission (EFCC) has arrested Kannywood actress Samha Inuwa over alleged abuse of the Nigerian currency. In a statement issued on Tuesday, EFCC’s spokesperson, Dele Oyewale, said operatives of the commission’s Kano Zonal Directorate apprehended the actress after a video circulated on social media showing her allegedly using naira notes to wipe her nose. Mr Oyewale said the commission traced Ms Inuwa following the viral clip and subsequently took her into custody for questioning. “She was seen in a viral video cleaning her nose with naira notes. The commission swung into action, traced and arrested her…

The Ebonyi State House of Assembly has passed into law an executive bill seeking the disbandment and delisting of Amasiri Development Centre as one of the 64 development centers in the state, following a recent attack on Okporojo village in Oso-Edda Community, Edda LGA, by Amasiri warlords. Amasiri community falls under Afikpo Local Government Area of Ebonyi State. The incident has also led to the removal of all government political appointees from the area. The passage of the bill, which reduces the number of development centers in the state to 63 and that of Afikpo Local Government to four, was…

President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, has claimed that the African Democratic Congress, ADC, is made up of desperate politicians. Onanuga said politicians in ADC are always on the lookout for negative statistics about Nigeria. He was reacting to the latest World’s top 20 fastest growing emerging tech eco-systems rating. Lagos, Nigeria, was rated number one with Istanbul in Turkey coming second and Pune, India, third. Onanuga said ADC members are unhappy that Nigeria under Tinubu recorded a global tech recognition. Posting on X, Onanuga wrote: “ADC must not read this. The desperate politicians, always…

Plateau United technical adviser, Gbenga Ogunbote has highlighted the importance of his team’s 2-1 over Remo Stars. Johnathan Okechukwu and Harrison Ebah netted for Plateau United, while Albert Korvah was on target for Remo Stars. It was the Jos club’s first away win of the season. Ogunbote’s side moved out of the relegation zone following that win. “I’m happy with the victory because the points garnered helped the club move away from the relegation zone,” Ogunbote told Plateau United’s media. “We have been struggling to get the away win but finally, we managed to do it. “We were careless in…

President Bola Tinubu on Tuesday declared that his administration would not reverse course on its economic reforms. He also vowed to sustain transparency and accountability in governance. Speaking when he received a World Bank delegation led by Managing Director of Operations, Anna Bjerde, at the State House, Abuja, the President said the reforms, though painful at the beginning, were necessary to strengthen Nigeria’s economy and create opportunities for its young population. “Since we went into this journey of reform, we have our hands on the plow, and we’re never going to look back. “It is very clear that initially it…

At least four persons are feared dead following separate cult-related clashes that erupted in different parts of Lagos State over the past week. PUNCH Metro gathered from videos and photographs circulating after the violence that the incidents occurred between Wednesday and Monday in several communities, including Iyana-Ipaja and Aboru in Alimosho Local Government Area; Badore and Olokonla in Ajah, Eti-Osa Local Government Area; as well as Onipanu near Fadeyi and Satellite Town. In Badore, one person identified simply as Chidera was reportedly killed on Friday during a clash involving suspected members of the Eiye confraternity and a rival group. Meanwhile,…

Distinguished legislators, senior law enforcement officers, civil society leaders, and members of the media, the digital space is becoming (if it has not already become) Nigeria’s most vibrant civic arena. This is evidently the most likely place where citizens debate governance, expose corruption, mobilise for reform, build enterprise, and shape national identity. On the other hand, it has also become a theatre for cyber fraud, terrorism financing, identity theft, hate speech, disinformation, and digital extortion. On that note, the central policy question before us is therefore not whether cybercrime should be regulated; of course, it should and must be. The…

Leading financial institution, OPay, has been named Fintech/Digital Bank of the Year 2025 at The Sun Awards organised by The Sun Publishing Limited, one of Nigeria’s respected media institutions, on the 31st January 2026 at Eko Hotels and Suites, Victoria Island, Lagos, marking a historic milestone as this is the first time the category has been introduced since the awards began. According to the statement from OPay on Tuesday, the recognition celebrates OPay’s role in building a reliable, inclusive, and easy-to-use digital financial platform that supports millions of Nigerians every day. The award recognises OPay’s integrated platform, which brings together…

The President of the Nigeria Aquatics Federation, Chamberlain Dunkwu, has unveiled a comprehensive line-up of grassroots initiatives alongside the federation’s national swimming programmes and competitions scheduled for 2026, reaffirming its commitment to grassroots development and the long-term growth of the sport. The announcement was made on Monday during a press briefing at the Media Centre, Package A, National Stadium, Abuja. The programmes include three major grassroots events, among them the maiden inter-school swimming competition tagged Swim to the Future, as well as the National Junior Swimming Championship, tagged Swim for Life, both scheduled to take place in 2026. Swim to…

Crypto exchange Kraken’s parent company, Payward, reported 33% revenue growth in 2025 as transaction volumes rose and the business capitalized on its acquisitions. The company’s revenues rose to $2.2 billion last year, up from $1.6 billion in 2024 due to “broad-based performance across trading and asset-based businesses,” with total transaction volumes rising 34% over the year to $2 billion, Kraken co-CEO Arjun Sethi said in a report on Tuesday.He added that revenues were “well balanced,” with around 47% coming from trading-based revenue and 53% from asset-based and other revenues. Source: KrakenThe report comes as investors closely watch out for Kraken’s…