Author: News Room

Real Madrid on Thursday night released a statement over the training ground spat between Federico Valverde and Aurelien Tchouameni. Valverde had to be taken to hospital after a “very serious” confrontation with teammate Aurelien Tchouameni. This forced head coach Alvaro Arbeloa to summon an emergency meeting to address a dressing room that is spiralling out of control. The LaLiga giants have now confirmed that both midfielders will face disciplinary proceedings. It read: “Real Madrid announce that, following the events that took place this morning, the club has decided to open disciplinary proceedings against our players, Fede Valverde and Aurélien Tchouaméni.…

Imo State Governor, Senator Hope Uzodimma, has been relieved of his position as Chairman of the Progressive Governors Forum, just hours after he represented All Progressives Congress (APC) governors at the submission of President Bola Tinubu’s presidential nomination and expression of interest forms in Abuja on Thursday. According to Arise News, the decision was announced at an extraordinary meeting of about 20 progressive governors held in Abuja on Thursday night. The meeting, which reportedly had the attendance of governors from states including Ogun, Bayelsa, Enugu and others, also had about 17 governors in attendance. More details to come. All rights…

The Special Adviser to President Bola Tinubu on Policy Communication, Daniel Bwala, has claimed that Peter Obi’s strong performance in the 2023 presidential election, where he secured over 6.1 million votes, was largely driven by religious rhetoric. In an interview on Channels Television’s Politics Today, Bwala also asserted that a significant portion of Obi’s online supporters, known as “Obidients,” consist of bot accounts rather than genuine human followers. He made the comments on Thursday while responding to questions about the presidency’s frequent reactions to the former Anambra governor. He said, “When we keep quiet, Peter Obi and his Obidients, from…

The stock market on Thursday closed on a negative note as investors lost N1.92 trillion following sell-offs in banking and cement stocks. This came amid reactions to new regulatory guidelines by the Central Bank of Nigeria on foreign subsidiaries of banks. Market capitalisation dropped from N155.780 trillion to N153.858 trillion, representing a decline of 1.23 per cent or N1.922 trillion. The All-Share Index (ASI) also fell by 1.23 per cent or 2,994.90 points to close at 239,734.61, from 242,729.51 recorded previously. The Year-to-Date (YTD) return moderated to 54.82 per cent. Speaking on the development, an investment banker and stockbroker, Mr…

Real Madrid said they would punish midfielders Federico Valverde and Aurelien Tchouameni after a clash on Thursday at the club’s training ground which left the former needing hospital treatment. “Following the incidents that occurred this morning during the first team’s training session, (the club) has decided to open disciplinary proceedings against our players Federico Valverde and Aurelien Tchouameni,” said Los Blancos in a statement. Uruguay international Valverde was accompanied to the hospital facility near the club’s Valdebebas training complex by Madrid coach Alvaro Arbeloa, according to Spanish reports, which said the player needed stitches to treat a facial wound. Madrid…

Elon Musk’s plans to get into the AI chip manufacturing business are going to be costly. As the New York Times and CNBC report, SpaceX is planning to invest at least $55 billion into its “Terafab” chip plant in Austin, Texas. That’s according to the details of a public hearing notice filed in Grimes County, Texas, for a meeting to request tax breaks for the project.The company says that if additional phases are constructed, its investment could someday balloon to $119 billion total. When Musk initially announced the project in March, he shared ambitious plans for it to produce enough…

Political action committees (PACs) affiliated with the cryptocurrency company-backed Fairshake reported spending millions of dollars to support candidates in five races, with less than six months until US voters decide on their representatives in Congress.According to filings with the Federal Election Commission this week, the Protect Progress PAC reported about a combined $1.6 million in expenditures for Jasmine Clark and Christian Menefee, Democrats running to represent Georgia’s 13th Congressional district and Texas’ 18th district, respectively. The reported media buys came before Clark will face a May 19 Democratic primary and Menefee a May 26 runoff against Representative Al Green, who is…

Rob Reiner and Michele Singer Reiner’s son Jake Reiner returned to his “The Inline” podcast nearly six months after his parents’ tragic deaths. “I want to thank everyone that I’ve heard from, near and far, since everything’s happened,” Jake, 34, began the Wednesday, May 6, episode of his Dodgers fan podcast. “I’ve tried to get back to every one of you, and I will continue to try to respond to people, but just know I’ve seen all the love, all the support out there.” He continued, “It has been so nice to see how wonderful, not only my friends and…

Amnesty International Country Director Isa Sanusi said on Thursday that the public focus must shift toward state governments concerning press freedom in Nigeria. “We focus more on the federal government than the sub-nationals,” Mr Sanusi said, adding that attention should “focus our scrutiny on the states.” While Mr Sanusi commending the International Press Institute (IPI) for blacklisting two state governors alongside the then Inspector-General of Police Kayode Egbetokun, for their attacks on the press, Mr Sanusi called for more stringent measures. He called for sanctions on governors and “boycotting those attacking the media.” He said this at a workshop for…

President Bola Tinubu has appointed Arinola Ogbara-Banjoko as a Non-Executive Director to represent Lagos State on the Board of the Nigeria Commodity Exchange (NGX), under the Federal Ministry of Industry, Trade and Investment. Mrs Ogbara-Banjoko replaces Mrs Bamidele Hussein. President Tinubu had earlier in April this year constituted the board of the Exchange with Dalhatu Abubakar as the Chairman, along with other non-Executive Directors. The President expects the new appointee to bring her wealth of experience and professionalism to bear in strengthening the exchange’s operations and supporting the Federal Government’s drive to deepen commodity trading, market access for farmers and…