Author: News Room

The Chief Executive Officer of 91 Payments, Pelumi Esho, a licensed International Money Transfer Operator, spoke with FELIX OLOYEDE about the Central Bank of Nigeria’s recent directive requiring IMTOs to settle remittance transactions in naira It is widely expected that the Central Bank of Nigeria’s directive mandating IMTOs to settle remittances in naira will enhance transparency and strengthen foreign exchange liquidity. From your experience so far, how has this policy worked in practice, and how achievable do you think that outcome is? The CBN’s directive for IMTOs to settle remittances in naira is a highly positive step for market transparency,…

Nigeria’s ambition to assemble a formidable basketball squad ahead of the 2028 Summer Olympics has received a major boost after four National Basketball Association players reportedly expressed their willingness to represent D’Tigers following the appointment of David Fizdale as head coach, PUNCH Sports Extra reports. Fizdale, a former NBA head coach with the Memphis Grizzlies and New York Knicks, recently worked as an assistant coach with the Phoenix Suns between 2023 and 2025 before taking charge of Nigeria’s men’s national team. Basketball journalist and scout Coach Hova revealed that Aaron Nesmith has already committed to representing Nigeria in the next…

The Ethereum Foundation has reached several progress milestones on the next Ethereum upgrade called “Glamsterdam” and has named three new leads for its Protocol team.The Ethereum Foundation said in a blog post on Monday that it had achieved a “credible post-Glamsterdam target,” establishing a 200 million gas limit floor, giving the network a major post-upgrade speed boost from its current gas limit of around 60 million.“The immediate focus is shipping Glamsterdam,” the Ethereum Foundation said, which had originally scheduled the upgrade for June, but is now likely to be sometime in the third quarter of 2026.Glamsterdam focuses on scaling the…

The Secret Lives of Mormon Wives star Mikayla Matthews has a lot more to say about Taylor Frankie Paul calling her out as a “snake friend.” “Could probably write a book on everything I’ve had to say on this. Nothing I said denied that she’s experienced pain, trauma, or difficult things, there’s literally no question about that,” Matthews, 26, wrote in the comments section of a fan video discussing the drama between her and Paul, which was shared via Instagram on Sunday, May 10. “Two things can be true. Someone can be hurting and still hurt people around them in…

The Commissioner of Police in Kano State, Ibrahim Adamu Bakori, has warned officers of the command against misconduct, extortion, and abuse of power, stressing that anyone found guilty will face strict disciplinary action. The warning was contained in a statement issued by the Police Public Relations Officer, Abdullahi Haruna Kiyawa, on Monday in Kano. According to the statement, Bakori gave the directive during a strategic meeting with supervising officers held at the Command Headquarters in Bompai on Monday. “Any officer found wanting in misconduct, extortion, abuse of power, or dereliction of duty will face appropriate disciplinary measures without exception,” the…

The reconciliation process initiated ahead of the 2027 general elections has though gained both acceptance and disapproval as the committee constituted by the Governor of Kano State, Abba Kabir Yusuf, commenced engagements with aspirants and stakeholders across various federal constituencies and state assembly seats in the state. Though many invitees turned up for the meeting, the Chairperson of Tudun-Wada Local Government and Kano State ALGON Chairperson, Hajiya Sa’adatu Salisu Yusha’u, alongside her husband, Salisu Yusha’u ignored the governor. The reconciliation committee, chaired by Hon. Bala Muhammad Gwagwarwa, a former National Treasurer of the All Progressives Congress, with Professor Nura Yaro serving…

Troops of the Nigerian Army, in collaboration with operatives of the National Drug Law Enforcement Agency, NDLEA, have arrested six suspected drug peddlers during a raid operation in Katsina State. The development was contained in a post shared on Monday by security analyst and counter-insurgency expert Zagazola Makama via his X handle. According to security sources, the operation was carried out at about 5:30 p.m. on May 9, 2026, by troops of the 17 Brigade operating from the Forward Operating Base in Malumfashi. The joint team reportedly raided Kauyan Dawo community in Malumfashi Local Government Area following intelligence reports on…

Galatasaray striker, Victor Osimhen, has named the two toughest defenders he has ever faced in his career. Osimhen has played against top defenders across several top clubs in Europe. Speaking during a recent interview with River Rhodes, the Nigerian international named Fulham’s Calvin Bassey and Tottenham Hotspur’s Cristian Romero as the toughest defenders he has played against. “I will say, Calvin Bassey. First of all, in training. That guy is very strong. I think currently he’s actually the best defender in Africa and of course one of the best defenders in the Premier League,” Osimhen said, as shared on Instagram.…

The Abia State Executive Council has constituted a five-man Special Investigative Committee to probe recent allegations of harassment and extortion involving students and lecturers of Abia State University, Uturu. The state Commissioner for Information, Okey Kanu, disclosed this on Monday in Umuahia while briefing journalists on the outcome of the State Executive Council meeting presided over by Governor Alex Otti. Kanu said the committee was set up to ensure “the highest level of academic and ethical standards” in the state-owned institution. According to him, the committee is chaired by the Chief of Staff to the Governor, Pastor Caleb Ajagba, while…

At least eight persons were reportedly killed in a suspected cult attack along Aliade Street in Makurdi, the Benue State capital. A resident, who spoke on condition of anonymity, told our correspondent on Monday that the attack occurred in the early hours of the day. According to the resident, armed men invaded the area around 2am and attacked occupants of a house along the street. “Some people invaded the street around 2am today and attacked residents of a house along the street, killing eight people,” the source said. Confirming the incident, the Chairman of Makurdi Local Government Area, Joseph Keffi,…