Author: News Room

The Cost of Power Without Progress

Some journeys enlighten, and there are journeys that indict. My recent visit to Odeda Local Government, my very own local government area, during my holiday in Nigeria, did both at once. What should have been a quiet homecoming became an encounter with absence. Roads stretch in weary silence, worn and broken, like questions no one in authority has answered. In several villages, potable water remains uncertain, negotiated daily rather than guaranteed. Development does not only lag here; it appears to hesitate. It arrives in fragments, if at all. The contradiction is jarring. A local government situated within the orbit of…

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Tinubu’s Reforms to Deliver Big Gains for Nigerian Workers

A member of the National Working Committee of the All Progressives Congress, Tolu Bankole, on Friday said the ongoing reforms under President Bola Tinubu would deliver long-term benefits for Nigerian workers. He disclosed this in a statement issued in Abuja to commemorate International Workers’ Day. Bankole, who also serves as the APC National Leader for Persons with Disabilities, described Nigerian workers as the “Engine room of national development,” commending their resilience and commitment despite prevailing economic challenges. The APC chieftain noted that Tinubu’s reform policies were designed with a long-term vision to reposition Nigeria’s economy and improve living standards. He…

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Fashola honours insurance exco at book launch

Former Lagos State Governor Babatunde Fashola, SAN, was among the prominent Nigerians who on Tuesday gathered at the Nigerian Institute of International Affairs Auditorium, Lagos, to honour the memory of late insurance executive and education advocate Olawale Banmore during a day of tributes and the presentation of his posthumous book titled The Claims Advantage: How Smart Insurance Firms Win and Keep Customers. The event, themed ‘Treasured Memories’, brought together family members, industry leaders, former colleagues, associates and friends who celebrated Banmore’s contributions to the insurance sector, education development and community service. Fashola, who delivered the keynote address, described Banmore as…

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How Nigerians Can Cut Hypertension & Disease Risk: New Study

A new study shows that people with high blood pressure can lower their risk of heart disease and type 2 diabetes, and may even add years to their lives, by adopting simple, healthy lifestyle habits. High blood pressure, or hypertension, affects about 14 million adults in the UK, many of whom are unaware of their condition until serious complications set in. The condition strains blood vessels and vital organs such as the heart, brain, kidneys, and eyes, raising the likelihood of heart attacks, strokes, and other life-threatening problems. Researchers from Harvard University in the United States and Huazhong University of…

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Arsenal peaking at the right time for title race

Mikel Arteta warned Manchester City that Arsenal aren’t finished yet after the Premier League leaders moved six points clear of their title rivals with a 3-0 win against Fulham on Saturday. Arteta’s charges swept Fulham aside with three goals in the first half at the Emirates Stadium. Viktor Gyokeres opened the scoring, and Bukayo Saka bagged the second before Gyokeres completed the demolition. The Gunners have opened up a significant gap on second-placed City as they chase a first English title in 22 years. City will play the first of their two games in hand on Arsenal when they visit…

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LAUTECH’s Best Student Credits NELFUND Loan for His Success

Oladepo Caleb Olugbenga grew up in a village in Osun State without electricity for nine years. He is now the overall best graduating engineering student of Ladoke Akintola University of Technology, with a CGPA of 4.89 out of 5.0. According to him, his family had no television. They relied on lanterns and candles. Food, clothing and school fees were a daily struggle. He attended public primary and secondary schools because private ones were unaffordable. Every morning, he walked miles to school while his parents worked multiple jobs to keep the household running. On January 14, the university formally named him…

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Mobile Money Transactions Surpass tn Globally

Global mobile money transactions surpassed $2tn in 2025, marking a doubling of transaction values in just four years, according to the ‘State of the Industry Report on Mobile Money 2026’ prepared by the GSMA Mobile Money programme. The report highlights the rapid growth of mobile money since its inception 25 years ago, noting that it took two decades to reach the first $1tn in annual transaction value. Today, mobile money has become a mainstream financial service for underserved populations, enabling access to financial services for millions without traditional banking. In 2025, mobile money reached 2.3 billion registered accounts, an increase…

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Payward Closes Bitnomial Acquisition, Eyes Regulated US Crypto Derivatives

Payward, the parent company of Kraken, announced it has completed its acquisition of crypto derivatives venue Bitnomial, giving it control of a fully CFTC-regulated derivatives stack in the United States.The acquisition gives Payward a Futures Commission Merchant, Designated Contract Market and Derivatives Clearing Organization, infrastructure it plans to use to expand CFTC-regulated products across Kraken and NinjaTrader, starting with spot margin, with perpetuals and options expected to follow.Payward said Bitnomial will continue operating within its existing regulatory structure, with the deal enabling partners, including fintechs, banks and brokerages, to access US-regulated derivatives through the company’s infrastructure platform.The “definitive agreement” to…

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Alex Vesia’s Wife Shares Update 6 Months After Baby’s Death

Alex Vesia and his wife, Kayla Vesia, are still grieving the death of their baby daughter. “Here I am at the six-month mark since losing my daughter, Sterling,” Kayla, 30, said in a Friday, May 1, video shared via TikTok. “Honestly, it’s very hard to wrap my head around the fact that we are at the six-month mark. I’m very torn and in between, ‘How did we get here already?’ and ‘Seems about right since time is also flying by.’” Kayla and Alex, also 30, announced in November 2025 that their “beautiful daughter went to heaven.” “There are no words…

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IGP sets up violent crime response unit across Nigeria

The Inspector General of Police, Olatunji Rilwan Disu, has established a specialised Violent Crime Response Unit, VCRU, in all states of the federation and the Federal Capital Territory as part of fresh efforts to tackle rising insecurity across the country. The directive, which takes effect from May 2, 2026, is aimed at strengthening rapid response to serious crimes such as kidnapping, armed robbery, murder, and cult-related violence. According to police authorities, the new unit will operate as an intelligence-driven strike force, designed to respond swiftly to violent incidents while improving coordination among commands nationwide. According to Nigeria Newsdesk, a senior…

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