Author: News Room

The three consecutive gains so far recorded this month have further placed Nigerian stocks on a sound footing to deliver a more remarkable yield this time around, compared to last year. Equities appreciated by 1.8 per cent last week, thanks to increased demand for consumer goods shares, which have earned the biggest returns this year among all the sectors tracked by the Nigerian Exchange. With the year ending in just few days, last-minute strategic positioning among institutional investors will possibly shape sentiments in the market this week. “In our view, investors are likely to rotate into fundamentally sound stocks ahead…

The Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) has assured that Nigerian banks are safe and healthy with none shutting down because of recapitalisation as being speculated on social media. The association gave the assurance on Sunday in a joint statement by its President, Rasheed Bolarinwa, and the General Secretary, ‘Jide Sipe. The statement referred to an Instagram video claiming that 12 banks would be shut down by the Central Bank of Nigeria (CBN) by March 2026. The association said the video intended to mislead the public, stoke unnecessary panic and exploit alarmist misinformation for personal gain…

National President of the Berom Youth Moulders Association, BYM, Barr. Solomon Dalyop Mwantiri has charged youths in crisis-prone communities, especially in the Barkin Ladi local government area of Plateau State, to rise up and defend their people by all means whenever Fulani bandits and terrorists launch attacks on them. Mwantiri, who gave the charge in a fiery speech during the mass burial of the 12 miners who were gruesomely murdered by gunmen at a mining site at Ratoso community in Fann District of the council on Friday, said since the federal and state governments as well as security agencies have…

No fewer than hundred thousand supporters of the All Progressives Congress, APC, in Lega Local Government Area of Kebbi State have dumped the party. The APC supporters joined the African Democratic Congress, ADC, in a mega defection rally held at the weekend. According to ADC mobilization X handle, the defectors were over 120,000. DAILY POST reports that the embattled for Minister of Justice and Attorney General of the Federation, Abubakar Malami, who is from Kebbi State, has been wooing politicians into the opposition party. The former Minister, who is currently being detained by the Economic and Financial Crimes Commission, was…

American rapper, Nicki Minaj has explained why she decided to publicly address the situation of Christians in Nigeria, citing personal ties to the country and troubling reports of violence against worshippers. Minaj spoke on the issue during a surprise appearance at AmericaFest, where she responded to questions from the audience. While answering a question about Nigeria, she said the country holds deep personal significance for her and that reports of attacks on Christians have been deeply distressing. She revealed that her pastor is a Nigerian and that she has a strong fan base in the country, popularly known as “Nigerian…

Former Chelsea striker, Chris Sutton and ex-England forward, Sue Smith, have warned against ruling Aston Villa out of the title race. The former England internationals believe that Unai Emery’s side have kept surprising their doubters with 10th straight wins now. Villa beat Manchester United 2-1 on Sunday to keep their third place in the Premier League table, just one point behind Manchester City who are two-point behind Arsenal. Speaking on BBC Radio 5 Live Sutton said, “I tell you what, why not Aston Villa for the Premier League title? If you’re a Villa fan, why not dream?” Aston Villa beat…

The Lagos State Government has said the recent waste accumulation in parts of the state is largely due to the ongoing decommissioning of the Olusosun landfill, which has forced a major shift in refuse disposal logistics. The Commissioner for the Environment and Water Resources, Tokunbo Wahab, explained this in a statement posted on his official X handle on Monday, assuring residents that urgent steps were being taken to address the situation. According to Wahab, waste previously taken to Olusosun is now being transported to alternative landfill sites in Epe and Badagry, a move that has increased turnaround time for some…

The Nasarawa State Police Command says it has arrested two suspects, Isaac Audu and Jamilu Yusuf, for allegedly robbing a resident of his motorcycle. The command’s Public Relations Officer, Ramhan Nansel, disclosed this in a statement on Sunday. According to Nansel, preliminary investigations revealed that the suspects, armed with a locally fabricated firearm, attacked the victim at about 1 a.m. on Saturday in the Foundation Area, behind the Federal Polytechnic Staff School. He noted that upon receiving information about the incident, police operatives trailed and arrested the suspects, adding that the firearm allegedly used in the operation was recovered. Nansel…

Big promises and thin outcomes have long weighed down youth development in Nigeria. Each new administration arrives with renewed language about empowerment, innovation, and inclusion, only for many young people to see little change in their daily realities. Against this backdrop, the first full year of Ayodele Olawande as Minister of Youth Development in 2025 deserves scrutiny, not applause by default, but a sober assessment of whether the ministry has begun to move from rhetoric to results. What stands out most in Olawande’s approach so far is not a single headline-grabbing intervention, but a pattern of practical, if still incomplete,…

Egor Local Government Area on Sunday won the first edition of the Benin Unity Cup after a 3-1 penalty shootout victory over Ovia North East Local Government Area at the Samuel Ogbemudia Stadium, Benin City. The keenly contested final ended goalless after regulation time, with both sides cancelling each other out in a display of discipline, grit and tactical awareness. Egor, however, held their nerve from the spot to clinch the historic title and become the first winners of the tournament, which brought together the seven local government areas of Edo South in celebration of unity, sportsmanship and community pride.…