Author: News Room
GameStop proposed an unsolicited, non-binding $55.5 billion acquisition of eBay in a cash-and-stock deal, as the video game retailer looks to push further beyond its legacy retail business.The company on Sunday submitted a non-binding proposal to acquire 100% of eBay at $125 per share in cash and stock, according to an announcement.The offer includes a 46% premium to eBay’s unaffected closing price on Feb. 4, 2026, when GameStop began building its position in the company. GameStop also disclosed it has accumulated a roughly 5% economic stake in eBay through derivatives and common stock holdings.The proposal comes as GameStop tries to…
Dancing With the Stars’ Jenna Johnson shared an emotional video that documented a recent “crash-out” amid the 2026 live tour. In a Saturday, May 2, TikTok video, the professional dancer, 32, filmed herself wiping away tears as a caption set the scene. “Sick, body hurts, on my period,” the caption began. “This is what my angel of a manager had to deal with yesterday lol.” Another text caption pasted within the clip read, “Mid crash out to my manager.” While the footage captured Johnson visibly shaken, speaking to the camera during various recordings, her voice and subsequent reflections were not…
Governor Francis Nwifuru of Ebonyi State has declared that he has no rift with the Minister of Works, David Umahi, describing such speculation as baseless. The News Agency of Nigeria reports that the governor engineered a consensus arrangement for aspirants into various political offices in the state ahead of the 2027 general elections. However, speculations became rife across the state that Mr Umahi was not favoured in the process as most of his preferred aspirants were dropped. Mr Nwifuru, in a statement signed by his spokesperson, Monday Uzor, on Sunday, said he had no rift with his predecessor, contrary to…
The Nigerian economy is turning the tide and is back on the path of growth after years of being constrained by fiscal crises, external shocks, policy missteps and missed opportunities, according to a new report by Quartus Economics, a Lagos-based research house focusing on economic policy. The report, titled “The Journey to a Trillion-Dollar Economy: Nigeria on the Rise Again,” drew data from the Central Bank of Nigeria, the National Bureau of Statistics, the International Bank for Reconstruction and Development and the International Monetary Fund, highlighting notable growth in aggregate and per capita terms. Nigeria’s gross domestic product (GDP), which…
How the Yoruba Culture of Tolerance is Making them Indispensable Locally and Globally The Yoruba people derive significant social, economic, and political benefits from their deeply ingrained culture of tolerance, primarily expressed through the concept of Omoluabi This cultural foundation prioritizes communal harmony over individual or religious differences, creating a uniquely stable environment within a religiously diverse nation. Key Benefits of Yoruba Cultural Tolerance Exceptional Social Stability and Peace: Low Conflict Rates: Compared to other regions in Nigeria, Yorubaland experiences a significantly lower rate of religious and ethnic violence. Kinship or family Over Sectarianism: The concept of Ẹbí (family/lineage) serves…
Justice Mohammed Garba Umar of the Federal High Court in Abuja has fixed Friday May 8, 2026 to rule on the no-case submission made by an activist, Omoyele Sowore, in the charge brought against him by the Department of the State Service, DSS, for allegedly cyberbullying President Bola Tinubu. DSS put Sowore on trial for allegedly calling Tinubu a “criminal” via his X handle. The court fixed the date on Monday after Sowore and DSS adopted their final written arguments for and against the no case submission filed on April 21, 2026 by Sowore. While adopting the processes filed along…
The National Coordinator of the Obidient Movement, Yunusa Tanko, has described the defection of former presidential candidate, Peter Obi, from the African Democratic Congress, ADC, to the Nigerian Democratic Congress, NDC, as a courageous step. Tanko explained that Obi and Rabiu Kwankwaso’s defection to NDC was necessitated by toxic political environment. Speaking with Arise TV on Monday, Tanko argued that the legal uncertainties and tight timelines in the ADC made their candidacy impossible, forcing a move to preserve democracy and opposition strength. He said: “There is a toxic situation in our political system, but it was not directed at the…
Security operatives have arrested 13 suspected cultists during an initiation ceremony in Eleme Local Government Area of Rivers State. The suspects were apprehended in a forest between Alode and Onne in the early hours of Sunday. An eyewitness, identified as Lene, told the News Agency of Nigeria, NAN, in Port Harcourt on Monday that about 100 young men had gathered at the location for the initiation ritual. He said while the initiation exercise was ongoing, police operatives stormed the gathering. “On sighting the approach of security operatives, many of the cultists fled deeper into the forest. “However, over 13 of…
Nigerian singer and rapper, Ice Zamani, has shared more details about his lifestyle overhaul during his weight loss journey. The ‘Oleku’ crooner revealed that he is celibate and has also completely ditched smoking. Relishing his transformation on social media, Ice Prince said he felt “unchained and saved.” On his X handle, he wrote, “Quitting sex and cigarette is by far the best decision I ever made in my life. From chronic smoker to nonsmoker. God is the greatest!!! Feeling unchained and saved.” The rapper added he has also ditched alcohol, soda, energy drinks, and bread, for over a year. He…
Celtic interim head coach, Martin O’Neill has said the club is yet to make a decision on the future of Nigerian striker Kelechi Iheanacho, DAILY POST reports. Iheanacho joined the Hoops on a free transfer last summer after he was released by LaLiga club, Sevilla. The 29-year-old has struggled with injuries since his arrival at the Celtic Park, which initially cast doubt on his future at the club. The forward’s return to fitness has come at precisely the right time which the club pushing to successfully defend their title. Iheanacho came off the bench to score the winning goal in…
