Author: News Room

Tesla just reported its second consecutive year of declining revenue and profits, further complicating Elon Musk’s $1 trillion effort to transform his company into a leader in AI and robotics. Meanwhile, the global EV market continues to grow, seemingly in spite of the pioneering company’s setbacks.Tesla said it earned $840 million in net income on $24.9 billion in revenue in the quarter that ended in December 2025. That’s a 3 percent decrease in revenue and a staggering 61 percent decrease in profits over the fourth quarter of 2024, when the company earned $2.3 billion in net income on $25.7 billion…

Bitcoin traded down on Wednesday as gold rallied 4.4% over 24 hours, adding a massive $1.65 trillion to its market cap in a single day. Gold breached $5,500, bringing it to a new all-time high, while its total market cap rose to $38.77 trillion, with the single-day increase nearly matching Bitcoin’s (BTC) $1.75 trillion market cap, Infinite Market Cap data shows.Silver is on a tear too, having rallied 21.5% over the last week to a $6.6 trillion market cap, further expanding its lead on Nvidia — the largest publicly traded company — in the process. Largest assets by market cap. Source:…

Jessica Mulroney’s estranged husband, Ben Mulroney, has shared a rare update on Jessica’s friendship with Meghan Markle. Ben, 49, discussed the status of his ex-wife’s friendship with the Duchess of Sussex, 44, during a Wednesday, January 28, appearance on the “Can’t Be Censored” podcast. “There’s so much interest in that period, that friendship, all that stuff. Do you want to say anything about where things are?” host Travis Dhanraj asked after they chatted about Meghan’s wedding to Prince Harry in 2018. Ben responded, “It’s Jess’ story to tell. I wouldn’t speak for her, so if she ever wants to talk…

The Federal Capital Territory (FCT) High Court in Gwarimpa, Abuja, heard on Wednesday that former Minister of Labour, Chris Ngige, who is standing trial over alleged N2.2 billion fraud charges, awarded an N80 million renovation contract to a firm that did not participate in the bidding process. First prosecution witness Pedro Chellen, whose petition triggered Mr Ngige’s investigation and trial, said the contract was for the renovation of the Nigeria Social Insurance Trust Fund (NSITF), Makurdi office. Led in evidence by prosecution lawyer Sylvanus Tahir, a Senior Advocate of Nigeria (SAN), the witness, an entrepreneur and project manager of Imanil…

Former Minister of Sports and Youth Development, Bolaji Abdullahi, has explained why he was dismissed from office in March 2014 by former President Goodluck Jonathan. According to him, the dismissal was due to his refusal to publicly criticise former Senate President Bukola Saraki during a heated political campaign in Kwara State. Abdullahi, who represented Kwara State in the Federal Executive Council under the Jonathan administration, said the decision to remove him followed rising political tension after Saraki defected from the Peoples Democratic Party (PDP) to the then newly formed All Progressives Congress (APC). Speaking on Politics Today on Channels Television,…

The National Legal Adviser of the New Nigeria Peoples Party, NNPP, Magaji Mato, SAN, has suggested that Kano State Governor, Abba Yusuf, may be struggling with his conscience over his continued association with the Kwankwasiyya Movement. Mato made the remark while speaking on Arise Television’s Morning Show on Wednesday, amid the defection of Governor Yusuf to the ruling All Progressives Congress, APC. Yusuf and some politicians who defected along with him to the APC recently had adorned themselves with the Kwankwansiya’s red cap, claiming they were still party of the Kwankwansiya Movement. However, Mato said the red cap, which is…

One suspected kidnapper has been neutralised by the Bauchi State Police Command, with another arrested and two kidnapped victims rescued. The Commissioner of Police, Sani-Omolori Aliyu, had directed all Divisional Police Headquarters to embark on aggressive operations within their respective jurisdictions, leading to the development. The Police Public Relations Officer (PPRO), SP Nafiu Habib, said in a statement on Wednesday that on January 27, 2026, at about 6:30 am, information from a good Samaritan indicated that one Abdulhamid Mohammed of Tudun Sullubawa, Bara Village, Kirfi Local Government Area, had been kidnapped at about 3:30 am by unidentified suspects. According to…

The group phase of this season’s Champions League was concluded on Wednesday night. All the 18 matches were played simultaneously across Europe. In the end, Arsenal confirmed top spot, with a 3-2 win over bottom side Kairat Almaty. Bayern Munich beat PSV to finish in second place. The other six teams that earned automatic spots in the last 16 are: Liverpool, Tottenham Hotspur, Barcelona, Chelsea, Sporting and Manchester City. Clubs that finished between ninth and 24th will go into the knockout play-offs. They are: Real Madrid, Inter Milan, Paris Saint-Germain, Newcastle United, Juventus, Atletico Madrid, Atalanta, Bayer Levekusen, Borussia Dortmund,…

The Confederation of African Football Disciplinary Board has imposed a series of sanctions on the Fédération Sénégalaise de Football, the Fédération Royale Marocaine de Football, as well as several players and officials, following incidents during the 2025 African Cup of Nations final. In a statement posted on its website on Wednesday night, CAF said the sanctions were handed down for violations of the CAF Disciplinary Code, including breaches of the principles of fair play, loyalty and integrity, during and after the final match. As part of the decisions against Senegal, CAF suspended the head coach of the Senegalese national team,…

Human rights groups, activists and social media users have condemned the Lagos State Police Command and the Lagos State Government over the arrest and the use of force on residents who protested the demolition of their homes across parts of the state on Wednesday. The condemnation followed the police’s deployment of tear gas to disperse hundreds of demonstrators who converged in Ikeja to protest what they described as their displacement without adequate compensation or relocation. The protesters, drawn from Makoko, Oworonshoki, Owode-Onirin, Oko Baba and other communities, carried placards bearing inscriptions such as: “A megacity cannot be built on the…