Author: News Room

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On Thursday, BCB published Resolution BCB No. 561, amending existing rules for eFX, a regulated category covering international payments and transfers. The resolution states that payments or receipts between an eFX provider and its foreign counterparty must be carried out exclusively through a foreign exchange transaction or movement in a non-resident Brazilian real account, with the use of virtual assets prohibited.The restriction also applies under transitional…

Jane Fonda is clarifying her comments about Barbra Streisand’s Academy Awards tribute to the late Robert Redford. “He’s the only person I made four movies with, and would have done a lot more if I had the chance,” Fonda, 88, said during the TCM Classic Film Festival on Thursday, April 30, according to The Hollywood Reporter. “I loved him and I deeply respect him, and they didn’t ask me to do the Oscars.” Redford died in September 2025 at the age of 89. Instead of Fonda, Streisand, 84, took to the stage to honor his legacy at the 2026 Oscars…

Governor Siminalayi Fubara of Rivers State has received early political backing ahead of the 2027 general elections, with a coalition of All Progressives Congress (APC) stakeholders and other political leaders purchasing and donating his Expression of Interest and Nomination forms. The initiative was disclosed on Thursday by a delegation led by Awaji-Inombek Abiante, the lawmaker representing Andoni/Opobo-Nkoro Federal Constituency of Rivers State in the House of Representatives. He said the decision followed consultations among elders and political actors across the state, who resolved to act in what they described as the broader interest of Rivers people. Mr Abiante characterised the…

The majority owner of Daar Communications Plc, Daar Investment & Holding Company (DIHL), has alleged the manipulation of the media and entertainment company’s shareholding structure at the Corporate Affairs Commission (CAC). Daar Communications operates African Independent Television and Ray Power FM. DIHL stated in a statement issued to the Securities and Exchange Commission, Nigerian Exchange Limited, First Registrars (registrar to Daar Communications), the CAC, investigative agencies and the investing public that there has been an illegal redistribution of the shares held in the entity by Raymond Aleogho Dokpesi, its late founder, and late Adamu Biu. Alterations to the original shareholding…

Emir Muhammadu Sanusi II of Kano. The key flaw in Emir Sanusi’s argument is that it is focused on the immediate. A country can cut down on wasteful subsidies and still borrow for infrastructure-building. They are two different things entirely. I don’t believe that he and other commentators on the subject expect Nigeria to fund long term infrastructure with short term revenue that is hardly enough. Nigeria paid out an average of $10 billion yearly in fuel subsidies and the system was fraught with fraud. I already started writing an article in which I sought to communicate the very fact…

The World Health Organisation (WHO) has stated that vaccines prevent about 1.8 million deaths in Africa every year. However, it also warned that an estimated 6.7 million children across the continent have never received a single routine vaccine. The disclosure was contained in a statement shared with PREMIUM TIMES on Sunday. In the statement marking African Vaccination Week 2026, the WHO Regional Director for Africa, Mohamed Janabi, said the commemoration highlights the importance of immunisation at all stages of life. He noted that vaccines protect not only children but also adolescents, adults and older persons, noting that immunisation is a…

Businessman and philanthropist Olakunle Churchill has broken his silence over rumours that his wife, actress Rosy Meurer, has filed for divorce. PREMIUM TIMES gathered that speculation first surfaced online after Ms Meurer posted a video reintroducing herself, without referencing her husband or wearing her wedding ring. Since the claims emerged, the couple had remained silent, neither confirming nor denying the reports. However, on Wednesday, Mr Churchill addressed the situation in a statement posted on his Instagram page, where he said he’s not legally married to Ms Meurer. In the statement, titled “False Divorce Claims and Public Misinformation,” the businessman said:…

Nigeria’s women’s national team, the Super Falcons, will today (Wednesday) take the first step toward the 2028 Summer Olympics as the Confederation of African Football conducts the official draw for the women’s qualifying tournament in Cairo, Egypt. The ceremony, scheduled for the headquarters of Confederation of African Football, signals the formal start of Africa’s road to Los Angeles. It will be streamed live via CAF’s YouTube platform, offering teams and fans alike their first look at the qualification pathway in what promises to be a fiercely contested campaign. A total of 35 national teams have entered the race, underlining the…

Worried by the massive acquisition of their ancestral farmland measuring approximately 200 hectares by the Imo State Government, the people of Ugakwoche in Egbule Obube community, Owerri North Local Government Area, staged a peaceful protest demanding that the government halt the move to acquire their remaining farmland. Members of the community, comprising adults, youths, elderly men and women, on Wednesday marched from their village square to the over two-kilometre stretch of the affected farmland, which borders the Sam Mbakwe International Cargo Airport road. Dressed in black attire and wielding placards, they cried and rolled on the ground to express their…

The Senator representing Benue South Senatorial District and Senate Minority Leader, Abba Patrick Moro, on Friday obtained his Expression of Interest and Nomination form at the PDP State Secretariat in Makurdi, Benue State. Speaking before members of the State Working Committee and party supporters, Moro declared that he would work tirelessly to secure victory for himself and all PDP candidates in future elections. He also expressed confidence that the PDP would reclaim the Benue Government House in 2027. According to him:”I am excited to pick the form as first senatorial aspirant. I came to buy it myself, not through proxy,…