Author: News Room

Bauchi Senator Abdul Ningi resigns from PDP, set to join ADC

The senator representing Bauchi Central Senatorial District, Abdul Ahmed Ningi, has resigned from the Peoples Democratic Party (PDP), ending over two decades of membership in the opposition party. Ningi disclosed his decision in a resignation letter addressed to the PDP Chairman of Ningi Ward in Ningi Local Government Area of Bauchi State. The lawmaker said his exit from the party followed extensive consultations with political associates, supporters, and stakeholders, describing it as one of the most difficult decisions of his political career. Meanwhile, a major political realignment appears to be unfolding in Bauchi State, as the senator is expected to…

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EPL: Malouda picks two clubs that will suit Osimhen way better than Man Utd

Former Chelsea star, Florent Malouda, has picked the Blues and Liverpool as the two Premier League clubs that would suit Galatasaray striker Victor Osimhen way better than Manchester United. The Frenchman also believes that the Premier League would be Osimhen’s next destination when he is done at Galatasaray. “When you look at Osimhen’s mindset and passion for the game, I think he belongs in the Premier League,” Malouda told Snabbare (via Football London). “He has done great in Italy, France, and now Turkey. His next step is the Premier League and the UEFA Champions League, where he can play in…

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Sunbeth to Launch 70,000 MT Cocoa, 80,000 MT Cashew Processing Plants in March 2027

The dual facilities will service key markets across the globe, significantly boosting African export capacity. One of Nigeria’s leading agro-commodity exporter advances plans for a 70,000-metric tonne cocoa processing plant and an 80,000-metric tonne cashew processing facility, underscoring a bold continental strategy for value-added agro-processing. Sunbeth Global Concepts Ltd, one of Nigeria’s largest cocoa exporters, has announced plans to establish a 70,000-metric tonne capacity cocoa processing factory alongside an 80,000-metric tonne cashew processing plant, both currently under construction, as part of its long-term strategy to deepen local value addition across Africa’s agricultural value chains. The announcement was made by the…

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Nigerian Man Faces 20 Years in US for Fraud Scheme

A Nigerian man, Kenneth Godwin, is at risk of a 20-year imprisonment following his indictment in a wire and computer-related fraud scheme targeting a casino business in South Dakota, United States of America. The indictment was announced by the US District Attorney, Ron Parsons, on Thursday. Parsons disclosed that a federal grand jury indicted Godwin in March 2026 on charges bordering on conspiracy to commit wire fraud, wire fraud, and unauthorised access to a protected computer in furtherance of fraud. He noted that between May 2023 and March 2026, Godwin, who is believed to have been residing in Nigeria at…

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Understanding Xenophobia in South Africa

From Cape Town to Jamestown, Johannesburg to Joubertina, and Stanford to Soweto, a ravaging hate bug is consuming the hearts and minds of a plethora of spiteful South Africans. The hate bug bite has pitched the Saffas, both young and old, against fellow African brothers and sisters who once stood strong by them against white oppressors in the trying days of annihilating apartheid. For these South Africans, there is no love lost. This bug doesn’t show up in a CT scan or any other imaging machine. It shows up on the streets in xenophobic rage, where Nigerians’ businesses are burnt,…

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NGX market capitalisation drops to N153.86tn on selloffs

The Nigerian equities market retreated into negative territory on Thursday as a massive wave of sell-offs in large-cap stocks erased N1.922tn from the total market capitalisation. This downturn was primarily driven by investors rotating out of high-value industrial and consumer goods stocks to lock in profits, ending the session with the total market value at N153.859tn. The benchmark All-Share Index declined by 2,994.90 points, representing a loss of 1.23 per cent to close at 239,734.61 points. The day’s performance was weighed down by significant price depreciation in blue-chip tickers, notably Dangote Cement, BUA Cement, Nestle Nigeria, Lafarge Africa, and Skyway…

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NFF appoints new Golden Eaglets & Flying Eagles coaches

The Nigeria Football Federation has announced the appointments of Abdu Maikaba and Eboboritse Uwejamomere as head coaches of the men’s national U-20 and the U-17 boys national team respectively. Maikaba and Uwejamomere’s appointments followed the reshuffling of the backroom of all age grade national football teams. “The Executive Committee of the Nigeria Football Federation has endorsed the recommendation of the Federation’s Technical and Development Committee for the appointments of Abdu Maikaba and Eboboritse Uwejamomere as head coaches of the U20 and U17 Boys National Teams,” the NFF announced on Thursday. Maikaba, who has managed several of Nigeria’s prestigious clubs, has…

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NGO decries declining reading culture among Nigerian pupils

A non-governmental organisation, Yeshua’s Arm, has expressed concern over the declining reading culture among Nigerian children, blaming the trend on increasing social media consumption and poor access to books. The organisation raised the concern during the commissioning of a library at St Theresa School, Epe, Lagos State, as part of its literacy intervention project carried out in partnership with Dow Chemical Company. Speaking at the event, Founder and Chief Executive Officer of the organisation, Mrs Kemi Williams, said many children now spend more time on social media than engaging in meaningful reading activities. “It’s been really poor, and it’s getting…

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Germany Mulls Crypto Tax Overhaul, 1‑Year Exemption at Risk

Germany is preparing to change how it taxes Bitcoin and other cryptocurrencies from 2027, potentially ending one of Europe’s most generous long-term holding exemptions as it seeks to raise additional revenue and tighten tax compliance. Finance Minister Lars Klingbeil said at an April 29 press conference on the 2027 federal budget that the government wants to “tax cryptocurrencies differently,” and key points include an extra 2 billion euros (about $2.3 billion) in revenue from crypto taxation and measures against financial and tax crime. Under current rules, private crypto gains in Germany are taxable if the assets are sold within one…

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Candace Cameron Bure’s Daughter Natasha Pregnant With 1st Baby

Candace Cameron Bure is ready to enter her grandma era as daughter Natasha Bure and husband Bradley Steven Perry are expecting their first baby. “Our dream role 🐣,” Perry and Natasha, both 27, captioned a joint Instagram post on Thursday, May 7. The post included a photo of the couple wearing matching striped button-up shirts. Natasha’s blouse was partially open to show off her baby bump. Natasha and Perry also held mugs that read “Mama” and “Dada” on their respective cups. Candace, 50, flocked to the comments section to gush, “CandyGram in full effect 🤗❤️.” (Candy Gram appears to be…

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