Author: News Room

Nigerian companies recorded a muted start to 2026, with business conditions broadly stable but momentum easing, according to the latest Stanbic IBTC Bank Nigeria Purchasing Managers’ Index published on Monday. According to the Stanbic IBTC Bank Nigeria PMI compiled by S&P Global, the headline PMI fell to 49.7 in January from 53.5 in December, dropping below the 50.0 threshold that separates expansion from contraction and signalling a slight deterioration in overall business conditions. The decline in the PMI reflected a broad stagnation of new orders, which brought an end to a 14-month sequence of growth. While some firms reported increased…

African Scrabble have announced a record prize purse of $35,000 for the 2026 Africa Scrabble Championship scheduled to hold in Monrovia, Liberia, PUNCH Sports Extra reports. The Pan African Scrabble Association confirmed that the 16th edition of the championship will take place from October 21 to 25, 2026, with the Ellen Johnson Sirleaf Ministerial Complex on Tubman Boulevard set to host Africa’s leading Scrabble players. It will be the first time Liberia stages the flagship event, which has been held biennially for more than three decades. Under the revised prize structure, the eventual champion will receive 10,000, representing a 100…

Adobe is no longer planning to discontinue Adobe Animate on March 1st. In an FAQ, the company now says that Animate will now be in maintenance mode and that it has “no plans to discontinue or remove access” to the app. Animate will still receive “ongoing security and bug fixes” and will still be available for “both new and existing users,” but it won’t get new features.An announcement email that went out to Adobe Animate customers about the discontinuation did “not meet our standards and caused a lot of confusion and angst within the community,” according to a Reddit post from…

Bitcoin (BTC) returned to range-bound moves on Tuesday as gold returned near the key $5,000 mark.Key points:Bitcoin trades sideways as gold and silver attempt to reclaim prior losses.Analysis remains split over how the Bitcoin versus gold relationship will play out next.Bitwise CIO says that the latest “crypto winter” is closer to over.$80,000 Bitcoin price stays out of reachData from TradingView showed BTC price action shying away from a retest of $80,000, now functioning as resistance. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewBTC/USD displayed familiar indecisiveness on the day, again putting it in contrast to precious metals, which were actively attempting to recoup…

Questions still remain after Today show host Savannah Guthrie‘s mother, Nancy Guthrie, was reported missing. The Pima County Sheriff’s Department confirmed the news on Sunday, February 1, sharing a missing person report via X. Nancy was described as a “vulnerable adult” who was last seen “at her residence” within Arizona’s Catalina Foothills area on the evening of Saturday, January 31. The report noted that it is “unknown what clothing she may be wearing.” In additional coverage from local news station KOLD, it was revealed that a family member grew concerned about Nancy. (Along with Savannah, Nancy shared daughter Annie and…

The Lagos State House of Assembly has suspended the planned demolition of houses and structures in Makoko area of the state. Majority Leader of the House, Noheem Adams made this declaration via a statement on Tuesday. Our correspondent reports that the suspension is coming after series of protests against the demolition by activists and residents of the area. DAILY POST reports that members of various civil societies, activists and residents of the area had earlier kicked against demolitions in the area.  Adams, who spoke on behalf of his colleagues, explained that the house gave the directive to suspend the demolitions…

The authorities of Etsako East Local Government of Edo State have nullified the selection of former senator, Francis Alimikhena, as the new Okumagbe of Uwano kingdom. Okumagbe is the title of the traditional ruler of the kingdom. DAILY POST reports that the Secretary to the Council, Edward Imhanobe, announced the nullification in a letter on behalf of the Chairman of the Local Government, Sunny Ekpeson. The letter titled, ‘Re: Filling of the vacant stool of Okumagbe of Wanno Kingdom’, dated February 2, 2026, said the nullification of the selection of Senator Alimikhena, a former Chief Whip of the 8th National…

Bauchi State Police are investigating the death of two children who drowned while swimming in a river on the outskirts of the city. The incident was reported in a post shared on X on Tuesday by security analyst, Zagazola Makama. According to the post, the victims, Saminu Mohammed, 12, and Tanimu Danladi, 11, both from Gudum Sayawa, went to the river on Monday, around 4:30 p.m., when they tragically got drowned. Police officers quickly responded, removing the children from the water and taking them to the Specialist Hospital in Bauchi. A medical practitioner later confirmed that both boys had died.…

Karim Benzema’s move from Al-Ittihad to Al-Hilal has now been confirmed, in what is a big blow to Al-Nassr’s captain, Cristiano Ronaldo. Ronaldo boycotted Monday’s Saudi Pro League clash at Al-Riyadh, as a protest over their lack of spending on transfers. The 40-year-old is not happy that Al-Nassr is not getting as much support as the other clubs controlled by the Saudi Public Investment Fund, PIF. Ronaldo has reportedly been aggrieved that Al-Hilal have a net spend £180 million higher than that of his own team since the 2022-23 season, when he arrived. However, Al-Hilal have been allowed to sign…

The National Root Crops Research Institute at Umudike in Abia State has entered a strategic partnership with Barn Holdings Limited to process cassava peels and other root crop by-products into animal feed, a move expected to strengthen food security, create jobs and support Nigeria’s livestock industry. The agreement was sealed at the institute’s headquarters in Umudike, where the Executive Director of the NRCRI, Professor Chiedozie Egesi, and the Chief Executive Officer of Barn Holdings, Tony Jibunoh, signed a memorandum outlining areas of collaboration in research, processing and commercial development. Under the partnership, agricultural waste from cassava and related root crops…