Author: News Room

Eid-el-Kabir: Oyo warns against sales of cows, rams on major roads

Oyo State Government, on Thursday, warned residents against the sale of cows and rams on the major roads during the forthcoming Eid al-Kabir festival in the 33 Local Government Areas of the state. It also allayed the fears of the herders and farmers on the implementation of the 2019 Anti Open Rearing and Grazing Law. This was contained in a communique discourse reached at the Stakeholders Summit on Adherence to Anti-Open Rearing and Grazing Law of 2019, held in Ibadan, the state capital. The government said, “The implementation of the 2019 Anti Open Rearing and Grazing Law is neither aimed…

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Windstorm Destroys Over 1,000 Houses in Niger State

A devastating windstorm has wreaked havoc across several local government areas in Niger State, destroying over 1,000 houses and leaving scores of residents displaced. The Niger State Emergency Management Agency made this known in a statement on Thursday by the Director General, Abdullahi Baba-Arah. Baba-Arah listed Mokwa, Bida, and some other Local Government Areas of Niger State as having been affected by the windstorm. The NSEMA DG said his agency is collaborating with other relevant stakeholders to determine the full extent of damages and the humanitarian needs of the afgected victims. “The Niger State Emergency Management Agency has commenced rapid…

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UBA, others seal  cross-platform payments deal

United Bank for Africa, MoMo PSB, and Redtech have announced a strategic payment interoperability partnership. The collaboration aims to dismantle the long-standing barriers between bank-led merchant acceptance and telco-led mobile money wallets, starting in Nigeria with immediate plans for a Pan-African rollout. The partnership integrates MoMo PSB’s massive wallet ecosystem with UBA’s extensive merchant-acquiring network through Redtech’s RedPay infrastructure. This allows MoMo customers to pay at over 55,000 UBA merchant locations and perform branch-level transactions, including deposits and withdrawals. Speaking at the signing ceremony in Lagos, UBA’s Group Head of Brands, Marketing and Corporate Communications, Alero Ladipo, underscored the broader…

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Brazil Must Use World Cup Pressure as Motivation, Says Star

It has been 24 years since football powerhouse Brazil, the most successful nation in World Cup history, lifted the trophy, and forward Luiz Henrique told AFP the team must use that pressure as motivation when the tournament kicks off in June. The winger, who plays for Russia’s Zenit, was a baby when five-time winner Brazil last won the World Cup in 2002. He is one of head coach Carlo Ancelotti’s key attacking options for the World Cup in the United States, Canada, and Mexico, as Brazil grapples with multiple injuries. “Pressure is always a good thing. In football—and especially with…

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The man with an army of Yarbo robot lawn mowers

I’m lying in the dirt. It’s coming for me. Then, with a lurch, it’s climbing up my chest. If Andreas Makris doesn’t stop the 200-pound robot lawn mower in time, it could drag its blades across my body.Makris certainly can’t reach over and hit the emergency stop button — he’s nearly 6,000 miles away, having hacked this robot from the other side of the planet, to demonstrate the gaping security holes in Yarbo’s robot lawn mowers. And I’ve made the questionable decision of lying down in the mower’s path — to see just how far Makris, the security researcher who…

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Kalshi Hits B Valuation After B Raise Amid Prediction Market Surge

Prediction marketplace Kalshi has reached a $22 billion valuation after closing a $1 billion Series F funding round, underscoring growing venture capital appetite for prediction markets amid surging retail adoption.The new valuation doubles Kalshi’s worth from just five months ago. The funding round was led by Coatue Management, with participation from Andreessen Horowitz, Sequoia Capital, Morgan Stanley and Ark Invest.The raise comes as investors increasingly view prediction markets as one of the fastest-growing segments of digital finance. Andreessen Horowitz’s crypto unit, a16z crypto, recently raised $2.2 billion for its latest fund and identified prediction markets as a major investment theme.Kalshi…

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Savannah Guthrie Returns to Today After Leaving Mid-Show

Savannah Guthrie returned to the Today show after an abrupt exit mid-episode caused concern. Guthrie, 54, was back in the studio on Thursday, May 7, where she was joined by cohost Willie Geist. The duo kicked off the morning show by discussing the Legally Blonde prequel series, Elle, which released its first trailer on Wednesday, May 6. “I love Legally Blonde. I connect with this character and now we get to see her in high school,” Guthrie gushed before recalling the Halloween she spent as Reese Witherspoon’s character Elle Woods. Guthrie appeared in good spirits throughout the broadcast, even looking…

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Reps approve N2.3trn 2026 FCT budget

The House of Representatives has passed the N2.3 trillion 2026 statutory budget of the Federal Capital Territory (FCT), clearing the proposal for implementation after considering and adopting the report of its committees on FCT and FCT Area Councils and Ancillary Matters. The approval followed the presentation of the committee report on Thursday by Chairman of the House Committee on FCT, Muktar Betara (APC, Borno), during plenary. Presenting the report, Chairperson of the House Committee on Appropriations, Muktar Betara (APC, Borno), said the budget seeks authorisation for expenditure from the statutory revenue fund of the Federal Capital Territory Administration (FCTA) for…

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Understanding NOSDRA’s environmental regulatory role beyond oil spills, By Mahmoud Ibrahim Mahmoud

Public awareness of these broader responsibilities is essential. Misunderstanding NOSDRA’s mandate can weaken environmental governance by leading to the under‑reporting of incidents, underestimation of regulatory obligations by operators, and insufficient appreciation of Nigeria’s environmental compliance framework by investors. Clear understanding encourages accountability, transparency, and constructive engagement among all stakeholders. For many Nigerians, the National Oil Spill Detection and Response Agency (NOSDRA) is widely perceived as an institution whose responsibilities are limited to reacting to incidents of oil spill after they occur. While oil spill preparedness, detection, and response remain core elements of its mandate, this narrow understanding does not accurately…

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Senate passes N2.2trn FCT 2026 budget

The Senate on Thursday passed the 2026 Statutory Appropriation Bill for the Federal Capital Territory, FCT, approving total expenditure of N2.285 trillion for the administration and development of the nation’s capital. The passage followed the presentation and consideration of the harmonised report of the Senate and House of Representatives Committees on the Federal Capital Territory during plenary in Abuja. The report was presented by Austin Akobundu, Vice Chairman of the Senate Committee on FCT, on behalf of Committee Chairman Ibrahim Bomai. Presenting the report, Akobundu said the committees recommended N2.285 trillion as the FCT statutory budget for 2026 from a…

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