Author: News Room

Hundreds storm ex-President Kenyatta’s farm

A huge number of unknown persons on Monday stormed the family farm of Kenya’s former president Uhuru Kenyatta. The group has cut down trees using power saws, stolen livestock and set the farm on fire. The motive is still unknown, the BBC reported. However, earlier last week, sources said that Kenyan Kwanza leaders intended to organize locals to swarm President Kenyatta’s property. … Read the full article here

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Stock market capitalisation declines by N622bn

Investors lost N622bn at the close of trading on Monday due to sell-offs of some telecoms and banking stocks. The market which opened with the All-Share Index at 54,892.53 lost 2.08 per cent to close 53, at 750.77. The market capitalisation also depreciated by 2.08 per cent to N29.281tn. In terms of volume, a total of 100.882 million shares valued at N 4.342bn were traded on the Nigerian Exchange Limited in 3.279 deals. Measured by market breadth, investors’… Read the full article here

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Court convicts wanted businesswoman for N47m fraud

A businesswoman, Blessing Adanu, was on Monday convicted by an Ikeja Special Offences Court sitting in Lagos State for defrauding a woman of N47.6m on the pretext of supplying her agricultural produce in the state. Justice Mojisola Dada convicted Adanu on two counts of obtaining money by false pretences and stealing preferred against her by the Economic Financial Crimes Commission. Dada held that the evidence before the court including statements made by the convict… Read the full article here

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The media and some entrenched language errors

When we were in secondary school, we were advised by our teachers and parents to read newspapers and magazines, listen to the radio and watch the television, especially news bulletins, if we wanted to improve our written and spoken English. That piece of advice proved useful to many of us. However, in recent times, I have started questioning that. I have found myself regrettably warning younger ones and those I coach on spoken and written English to be wary of what… Read the full article here

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Court restrains Ayu from parading self as PDP chair

A High Court in Makurdi, Benue State, has issued an interim injunction restraining Dr Iyorchia Ayu from parading himself as the National Chairman of the Peoples Democratic Party. The presiding judge, Justice W.I. Kpochi, gave the interim order on Monday in the suit No. MHC/85/2023 filed at the court by Terhide Utaan with Ayu and the PDP as defendants. The case was adjourned until April 17 for further hearing. The application was supported by a 15 paragraph affidavit… Read the full article here

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Reps invite ministers, firms over .4bn oil sale

The House of Representatives’ will on April 11, 2023, grill ministers and other heads of ministries, departments and agencies of the Federal Government as well as oil companies and banks over the alleged illegal sale of 48 million barrels of crude oil valued at $2.4bn. The House’ Ad Hoc Committee to Investigate Alleged Loss of Over $2.4bn in Revenue from Illegal Sale of 48 Million Barrels of Crude Oil Export in 2015 Including All Crude Oil Exports and Sales by… Read the full article here

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StarTimes to air AFCON qualifiers

After a surprise victory against the Super Eagles on Friday, Guinea-Bissau are confident of another shocker in the second-leg encounter on Monday night. The game, like all the other AFCON qualifiers, will be aired on StarTimes sports channels and StarTimes-ON mobile app. Despite Nigeria’s efforts to level the score, Guinea-Bissau held on for a famous victory, setting the stage for a highly anticipated second-leg clash on Monday (today) in Bissau. The match will air… Read the full article here

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Low-band spectrum will boost 5G penetration, says GSMA

Low-band spectrum will boost the spread of 5G and reduce the gap between urban and rural areas in delivering meaningful connectivity, GSMA has said. The global association for telcos, in a report titled ‘Socio-Economic Benefits of 5G: The importance of low-band spectrum’, stated that without sufficient low-band spectrum, the digital divide is likely to widen, with people in rural areas not readily enjoying access to 5G. According to the association, the superior… Read the full article here

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Abacha died on eve of dad’s planned execution-Diya’s son

Dr Babatunde Diya, a son of a former Chief of Defence Staff, the late Lt-Gen. Oladipo Diya, speaks about the life and times of his father in this interview with SEGUN ADEWOLE What were the last moments of your dad like? The last moments were moments of him being very close to God, attending the church he set up in Abule Ijesha and the other branches in Idi Iroko and of course the church in Odogbolu, the Cathedral of St Paul. He was also dedicated to making sure that… Read the full article here

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‘I don’t know when I’ll play again’ – Rafael Nadal douses hopes of Monte Carlo comeback

Rafael Nadal has denied that he will return from injury at the Monte Carlo Masters in April, insisting that he can’t put a time frame on a comeback. The 22-time Grand Slam winner hasn’t featured since a second round Australian Open exit at the hands of Mackenzie McDonald, after which medical tests flagged up a muscular injury in his left leg.Nadal withdrew from Indian Wells and the Miami Open as he focused on returning to full fitness, but hopes were raised of an imminent comeback after… Read the full article here

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