Author: News Room

DEAP Capital Management & Trust Plc has announced the execution of a Memorandum of Understanding aimed at strengthening its capital base and enabling the commencement of a minerals and metals financing initiative across Africa. In a statement filed on the Nigerian Exchange Limited by the Company Secretary, Osammor Otiono & Co, on Tuesday, it was noted that the MoU provides a framework for DEAP Capital to offer financing, advisory and capital structuring solutions to operators across the minerals and metals value chain, supporting Africa’s participation in global supply chains linked to digitisation, energy transition, industrial manufacturing and advanced technologies. The…

Students of the Ambrose Alli University, Ekpoma, Edo State, were among 52 persons remanded in prisons at the Ubiaja Correctional Centre for malicious damage and armed robbery by the Benin High Court. The presiding judge, Justice William Aziegbemi, who gave the verdict on Monday, said he lacked jurisdiction and asked counsel representing the defendants to file bail applications at the Ubiaja High Court. He also adjourned the case to February 26, 2026, for hearing. The suspects were arraigned through an ex parte motion filed by police counsel, P. O. Odion. After the verdict, relatives burst into tears as the suspects…

An online source says, “Corruption is the abuse of entrusted power for private gain. It involves dishonest or illegal acts like bribery, fraud, embezzlement, or nepotism, often by powerful individuals in government, business, or other sectors, to get illicit benefits, bypass rules, or misuse public resources for personal or group advantage. It undermines fairness, weakens institutions, and harms public welfare by diverting funds, creating unequal access, and eroding trust, and can range from petty bribes to large-scale grand corruption.” According to Transparency International, corruption erodes trust, weakens democracy, hampers economic development, and further exacerbates inequality, poverty, social division and the…

Barq Group and US-based Elroy Air have signed an initial agreement to form a joint venture that will invest $200m in a new manufacturing facility in Abu Dhabi to produce the Chaparral autonomous cargo aircraft. The partnership combines Barq Group, a leading provider of smart mobility and logistics solutions across the MENA region, and Elroy Air, a pioneer in autonomous aerial systems for middle-mile logistics. Avitrader reports that the proposed facility will manufacture the Chaparral, a hybrid-electric vertical take-off and landing uncrewed aircraft system designed specifically for cargo operations. Subject to regulatory approvals, the venture will supply Chaparral systems to…

Annabelle Fasuba, daughter of former Nigerian sprinter Olusoji Fasuba, has begun her U-17 career in England in impressive fashion, winning the South of England Indoor 60m title at the Lee Valley Athletics Centre in London on Saturday, PUNCH Sports Extra reports. The young sprinter clocked 7.51s, just one millisecond shy of her club record, which she set during her first race of the season in December 2025. She won her heat in 7.90s, improved to 7.68s in the semi-final, and returned to the track 20 minutes later to claim the title. The 14-year-old stepped up to the U-17 category in…

The Lego Smart Brick won our Best in Show award at CES 2026, and it was no wonder after watching Lego designer Maarten Simons’ expert demo there. So I thought: why not let you virtually attend the same tech demo I did? Before I left Las Vegas, I snuck back into Lego’s suite to film a 15-minute uncut immersive video of what these bricks can do.It just so happens I brought an unusual camera to Las Vegas this year: a Qoocam Q3 Ultra modded for VR180 capture by Siyang Qi. It creates spatial stereoscopic 3D video that you can experience…

Bitchat has become the most-downloaded app in Uganda as state officials confirmed that internet access has been cut off and will remain inaccessible during the presidential election, which starts on Thursday.It marks the third straight election in which Ugandan authorities have cut internet access, a move officials said is necessary to mitigate the spread of online misinformation.However, critics argue that shutting off the internet suppresses election-related information and can potentially manipulate the outcome.The internet shutdown took effect on Tuesday at 6:00 pm local time, according to Uganda Communications Commission executive director Nyombi Thembo, in a statement on X.Bitchat, an internet-free…

Russell “Rusty” Yates faced immense tragedy when his then-wife, Andrea Yates, drowned their five children in June 2001. More than two decades after the crime, Rusty revealed why he still visits his ex-wife once a year at a mental health facility in Kerrville, Texas. “I try once a year to visit in person and we text back and forth some and talk on the phone some,” Rusty, 61, told People in an interview published on Monday, January 12. “Andrea and I always got along. That’s a time of our life that we both cherish and she’s the only person I can…

Judge Emeka Nwite of the Federal High Court in Abuja, on Tuesday, returned the case file of the terrorism financing trial of the Bauchi State Commissioner for Finance Yusuf Adamu and his co-defendants for reassignment to a new judge. Mr Nwite took up the case in December as a vacation judge tasked with handling emergency matters during the last Christmas/New Year festivities. The judge said on Tuesday that with the resumption of the court from vacation, the matter assigned for adjudication during the break had to be returned to the Chief Judge for reassignment to the substantive judge, who will…

Her scholarship is animated by a string of towering anticolonial figures whose influence also marked the intellectual universe from which Biodun Jeyifo emerged: I will chose to mention only three here: CLR James, Mahatma Gandhi and Frantz Fanon. From Gandhi, she draws an enduring concern with ethical politics, disciplined dissent, and mass mobilisation as a democratic force. CLR James’ influence came by modelling a form of scholarship in which historical rigour is inseparable from political commitment, and in which mass struggle is treated as a generative force in democratic thought. It is both an honour and a source of genuine…