Author: News Room

There was no relief on Friday for oil services firm Nestoil Limited, Neconde Energy Limited and their principal owners Ernest Azudialu-Obiejesi and his wife, as the Court of Appeal disqualified their lawyers in the ongoing multibillion-dollar debt recovery dispute involving a consortium of banks. In a ruling, the Court of Appeal barred Wole Olanipekun (SAN), and Muiz Banire (SAN), alongside other lawyers appearing with them, from further representing Neconde Energy Limited and Nestoil Limited respectively. The appellate court held that the Ernest Azudialu-Obiejesi-led board of directors lacked the legal authority to appoint counsel, having been divested of such powers following…

With Nigeria missing out on the Best International Feature Film category of the 98th Academy Awards, famously known as the Oscars, Tunisia has emerged as Africa’s sole standard-bearer as ‘The Voice of Hind Rajab’ secures a nomination, placing the continent firmly on the global cinematic map. The Best International Feature Film, formerly known as Best Foreign Language Film, is awarded to a feature-length motion picture produced outside the United States with a predominantly non-English dialogue track. Nigeria’s no-submission decision In August 2025, the Nigerian Official Selection Committee (NOSC), the sole body recognised by the Academy of Motion Picture Arts and…

The Ohanaeze Ndigbo, Toronto, Canada chapter, has expressed sadness over reports of low number of registered voters in the South-East, calling on all Igbos to register enmasse for the 2027 general elections. The President of Ohanaeze Ndigbo in Toronto, Canada, Anicetus Nwizundu, made the call in a statement on Friday. “Registering to vote is not just a civic duty; it is a strategic move to ensure that our region’s interests are adequately represented at all levels of government—federal, state, and local,” he stated. He regretted the recent data showing that much fewer Igbo people in the South-East region have registered,…

The National Women Leader, Deputy National Women Leader, South-South, and State Women Leaders of Labour Party have reaffirmed their support for the Julius Abure-led leadership of the party. The National Women Leader of the party, Dudu Mamman Manuga, expressed the support during a virtual meeting to review key developments affecting the Party, and chart a way forward for 2026. The women leaders extensively reviewed the recent judgment of the Federal High Court delivered on 21st January 2026 against the leadership of Barrister Julius Abure, and unanimously resolved that the decision contains fundamental errors and should be appealed. The women leaders…

The Osun Security Network Agency, also known as Amotekun, has arrested a highway robber operating with a wooden gun along the Ilesa-Ibadan Expressway This is contained in a statement by the Public Relations Officer of the corps, Yusuf Idowu. Idowu said the suspect was arrested on Wednesday at about 12:20 am while he and other gang members, who are currently at large, laid an ambush for vehicles plying the expressway. According to him, a motorist identified as Maxwell Phillips, who was attacked by suspected armed robbers, alerted Amotekun operatives to the criminal activity along the road. “The patrol team of…

Manchester City manager, Pep Guardiola, has said he will call Mikel Arteta and congratulate him if they win the Premier League title. Guardiola was speaking to the media on Friday, ahead of their home clash against Wolves. According to him, Arteta was always one of the first people to congratulate him when City emerged champions. “If Arsenal win, I will be the first to call Mikel (Arteta) and congratulate him, as he has done in the past. “I also congratulated Arne Slot last season. “We will then improve as a team.” Arsenal hold a seven-point lead over City going into…

The Federal Operations Unit, Zone D, Bauchi, of the Nigeria Customs Service has intercepted smuggled vehicles, petroleum products, donkey meat and skins, as well as second-hand clothing, with a total duty-paid value of over N229m. The Comptroller of the unit, Abdullahi Ka’ila, disclosed this on Friday during a press briefing in Bauchi, saying the seizures were made through intelligence-driven operations across the zone. He said the interceptions underscored the Service’s unwavering commitment to safeguarding the nation’s economy and security, adding that the unit had, in December 2025, also seized 718 pieces of donkey skins being smuggled out of the country.…

Manchester United boss Michael Carrick believes Kobbie Mainoo has the quality and character to become a key player for the club after a frustrating spell during Ruben Amorim’s reign. Mainoo started for the first time in the Premier League this season in the first game of Carrick’s interim spell as United dominated local rivals Manchester City in a 2-0 win. The 20-year-old shot to prominence in the 2023/24 season under Erik ten Hag, scoring as United beat City in the FA Cup final and playing a starring role in England’s run to the Euro 2024 final. However, he struggled for…

There aren’t many tech companies that can claim Sony’s level of influence in how we live our lives. From the Walkman to the PlayStation to the Trinitron, Sony has been making excellent gadgets in multiple categories for decades, which makes this week’s news just a little sad. Sony’s new joint venture with TCL isn’t the end of Sony TVs — and it might even be good news — but it’s certainly the end of an era.On this episode of The Vergecast, Nilay and David discuss the Sony / TCL deal, Sony’s legacy in televisions, and what it all might mean…

Bitcoin (BTC) stayed trapped below $90,000 at Friday’s Wall Street open as gold and silver approached historic milestones.Key points:Bitcoin fails to shift its sideways trading behavior while gold comes within 2% of $5,000 per ounce.Bullish BTC price outlooks become increasingly rare as safe havens outperform.Gold snags an unprecedented $23,000 target for the next eight years.Bitcoin price shies away from breakout movesData from TradingView showed stationary BTC price action contrasting more and more with record highs for precious metals. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewAs traders agreed that new macro lows were on the cards for BTC/USD, upside targets increasingly focused on…