Author: News Room
An Assistant Director in the Public Relations Unit at the Abuja Zonal Office of the Nigerian Maritime Administration and Safety Agency, Chika Chukwudi, has stated that the sustainability of the Cabotage Vessels Financing Fund depends entirely on a strong repayment culture among beneficiaries, warning that without a proper repayment culture, the very foundation of the scheme risks collapse. Chukwudi stated this in news material titled ‘CVFF Disbursement and the Burden of Responsibility: Why Repayment Discipline Matters for Nigeria’s Maritime Future’, obtained by The PUNCH recently. He noted that the long-anticipated disbursement of Nigeria’s CVFF marks a defining moment for the…
Taiwo Awoniyi missed out on the Premier League Player of Matchweek 35 award despite a standout performance for Nottingham Forest, with Kobbie Mainoo claiming the prize after his match-winning display for Manchester United, PUNCH Sports Extra reports. File: Taiwo Awoniyi Awoniyi had been nominated following an impressive outing in Forest’s 3-1 victory over Chelsea at Stamford Bridge, where he marked his 100th appearance for the club with a decisive contribution. The Nigerian striker opened the scoring after two minutes with a header, won a penalty that led to the second goal, and added another strike early in the second half…
As the UK considers options to attract and develop the crypto industry at home, the Bank of England (BOE) has put forward several proposals for how it might regulate stablecoins to mitigate perceived financial risks.These have included a ban on custodial wallets for stablecoin holdings. The UK crypto industry, from stablecoin issuers to Bitcoin hardliners, has predictably taken issue with the ban.“This would be a serious misstep for the UK, risking long-term damage that is hard to unwind,” said Benoit Marzouk, CEO of stablecoin issuer tGBP told Cointelegraph.Ban could hamper operability and competitiveness At the heart of the BOE’s approach to…
Padma Lakshmi does not want Kristen Kish to pack her knives and leave Top Chef. “I was rooting for Kristen. I’m always rooting for her,” Lakshmi, 55, exclusively shared with Us Weekly while celebrating season 1 of CBS’ America’s Culinary Cup. “You know, she feels like my little sister, and I couldn’t be more proud of her. She’s really blossomed in the role.” When season 10 of Top Chef aired in 2012, Kish, 42, wowed judges Tom Colicchio, Gail Simmons and Lakshmi as a contestant. In 2024, the winner of Bravo’s reality show took over as host after Lakshmi exited…
The Federal Capital Territory (FCT) Minister, Nyesom Wike, on Wednesday held a media chat in Abuja, addressing simmering land disputes in the capital as well as deepening political tensions within the opposition camp and beyond. At the heart of his briefing was a renewed push to enforce land regulations in the FCT, with the minister insisting that illegal developments, particularly shanties and unapproved structures, would face demolition regardless of public sentiment. Mr Wike dismissed what he described as emotional appeals from religious leaders and residents opposing planned developments around Jabi Lake, stressing that urban planning decisions would be guided strictly…
The Ijesa Community Development Assembly, ICDA, has announced the death of the Owamiran of Esa-Oke, Oba Adeyemi Akanbi Adediran. In a statement issued by Asiwaju of Ijesaland, Olayinka Fasuyi on Wednesday and obtained dby DAILY POST, the assembly, while describing the development as a moment of deep sorrow, added that the monarch “took his final bow and joined his ancestors” earlier on May 6, 2026. The ICDA noted that the late traditional ruler served as a custodian of culture and a unifying figure within Esa-Oke and the wider Ijesaland. It stated that his reign was characterised by dignity, wisdom, and…
An All Progressives Congress chieftain and former Chairman of Kano Municipal Local Government, Faiz Alfindiki, has said that, propaganda and misinformation aside, President Bola Ahmed Tinubu has done well for the northern parts of the country. In a statement on Wednesday, he claimed that over 52 per cent of major national projects under President Tinubu are located in the northern region. Alfindiki made the assertion in a statement in Abuja, where he urged citizens to focus on tangible development efforts rather than political rhetoric and propaganda. According to him, the federal government is presently undertaking more than 1,400 kilometres of…
Inter Milan legend, Wesley Sneijder, has hailed Arsenal for putting in an impressive performance against Atletico Madrid to qualify for the UEFA Champions League final. Bukayo Saka’s goal gave Arsenal a 1-0 victory against Atletico Madrid in the Champions League semi-final second leg tie on Tuesday. Mikel Arteta’s side will now face Paris Saint-Germain or Bayern Munich in the Champions League final later this month. Reacting, Sneijder was pleased with the Premier League leaders for their display against Diego Simeone’s side. He told Ziggo Sport, “With this team, it is so impressive to reach the final. “Leaving all the other…
The Secretary to the Government of the Federation, Dr George Akume, on Wednesday warned against the continued closure of schools due to insecurity, saying it poses a serious threat to Nigeria’s education system and long-term national stability. Akume said shutting down schools in unsafe areas not only disrupts learning but also deepens the country’s education crisis. A statement by Akume’s media aide, Yomi Odunuga, said the SGF spoke in Abuja at the first triannual meeting of the Nigerian Inter-Religious Council, held under the theme, “Religious Literacy for National Cohesion.” The SGF called for the strengthening of government policies on safe…
The Nigeria Police Force has uncovered a sophisticated fraud syndicate responsible for diverting over N713.9m from customers’ accounts, following an investigation by the Police Special Fraud Unit. The breakthrough came after a financial institution reported a series of unauthorised debits linked to security breaches involving a third-party platform. According to a statement on Wednesday by the Force spokesman, Anthony Placid, operatives of the PSFU deployed advanced investigative and digital forensic techniques, which revealed that at least 15 customers’ accounts were compromised. He said the stolen funds were subsequently channelled through multiple accounts in a coordinated laundering scheme. Placid said the…
