Author: News Room
The Dangote Group says it has strengthened its strategic partnership with the Africa Finance Corporation with the signing of a $600m loan agreement to support the expansion of its fertiliser production capacity to boost food security across Nigeria and Africa. In a statement on Monday, the Dangote Group said the loan facility to GreenView Fertiliser Corporation, the Dangote Fertiliser Holding Company, will partly finance the expansion of its urea fertiliser production capacity in Nigeria and the development of the plant in Ethiopia. The investment, it was said, forms part of Dangote Group’s broader $7bn fertiliser expansion programme, which is expected…
Iran twice battled back for a 2-2 draw with New Zealand on Monday in their frenetic opening match of a World Cup campaign that has been utterly overshadowed by war, politics and protests. The Iranian team’s very presence at the Los Angeles Stadium had long felt uncertain, after months of military conflict between their nation and the United States. At last able to focus on the football, the Iran players twice found themselves trailing to the tournament’s lowest-ranked team, thanks to goals from New Zealand striker Elijah Just. But with a vocally pro-Iran crowd drowning out planned protests by anti-government…
The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies to address risks from blockchain technology.GAO made a June 8 letter to FDIC Chairman Travis Hill public on Monday, which said that it first flagged priority recommendations with the regulator in May last year, including addressing blockchain technology risks.It said that blockchain technology was an area of concern that it put on its “High Risk List,” as it deems that regulators have struggled to oversee blockchain-based financial products and the risks they could pose to US markets.Under the…
The White House’s UFC Freedom 250 event sparked controversy after a participant disparaged former first lady Michelle Obama. Shortly after defeating fellow heavyweight Derrick Lewis on Sunday, June 14, UFC fighter Josh Hokit raised eyebrows when he declared in a post-fight interview with Joe Rogan that “Michelle Obama is a man. Am I right, America?” While the Obamas have not addressed Hokit’s comment, the White House seemingly dodged the controversial remark when spokesman Steven Cheung addressed the fight with CNN’s Jake Tapper. “[Lewis] had a great win last night,” Cheung said on Monday, June 15. “He showed toughness and the…
The National Leader of the Action Peoples Party (APP) and legislator representing Ideato North/Ideato South Federal Constituency of Imo State, Ikenga Ugochinyere, has strongly criticised a Federal High Court judgement ordering the deregistration of five political parties, warning that the ruling could undermine Nigeria’s democratic stability and deepen political tensions ahead of future elections. Justice Peter Lifu of the Federal High Court, Abuja, had ordered the deregistration of the African Democratic Congress (ADC), Action Alliance (AA), Action Peoples Party (APP), Accord Party, and Zenith Labour Party (ZLP). The court held that the parties failed to meet constitutional requirements for continued…
The Federal Government has reiterated the need for stronger collaboration among federal agencies, border states, traditional institutions and neighbouring countries to improve border security and address cross-border threats. The position was highlighted at a one-day national workshop on “Border Security, Resilience and Cross-Border Cooperation” organised by the National Boundary Commission in Abuja. Representing the Minister of Defence, General Christopher Musa, at the event, the Special Adviser to the Minister, Rear Admiral Olusanya Bankole (retd.), said effective border management remains critical to national security and economic development. He noted that Nigeria’s borders serve as important channels for trade, interaction and shared…
No fewer than 29 suspects linked to kidnapping, homicide, car theft and drug trafficking have been arrested by the Kaduna State Police Command in the last two weeks, with operatives recovering firearms, stolen vehicles, jewellery valued at over N30m and 2,700 sachets of Tramadol. The Commissioner of Police, Muhammad Rabiu, disclosed the arrests on Monday while briefing journalists on the command’s recent achievements in crime-fighting operations across the state. He said the successes were recorded through intelligence-led policing and sustained collaboration with other security agencies and residents. He said, “Within the last two weeks, the command successfully arrested 12 suspected…
Aquiline Consulting Limited, in partnership with Lagos Business School, Pan-Atlantic University, has launched an executive education programme aimed at strengthening leadership capacity across Nigeria’s security sector amid growing security challenges and resource constraints. The Advanced Leadership Course for Senior Executives in Security (Public & Private) is scheduled to be held from September 14 to 18, 2026, and will bring together senior officials from government, law enforcement agencies, corporate security units and critical infrastructure organisations. According to the organisers in a statement on Monday, the programme is designed to equip participants with strategic, operational and leadership capabilities needed to manage an…
Nigeria’s Super Eagles are the second-highest-ranked team not participating at the 2026 FIFA World Cup, as they remained 26th in the latest FIFA men’s World Ranking. Only Denmark, ranked 21st globally, sits higher among nations that failed to qualify for the tournament, which is being co-hosted by the United States, Mexico and Canada. England and Chelsea legend John Terry was among those to voice his disappointment, describing Nigeria as a significant loss to a tournament that features 48 nations for the first time. “Nigeria will be a big miss. This is a World Cup for participants who haven’t had the…
Anthropic’s decision to shut down access to its latest artificial intelligence models after a US order to suspend access to foreign nationals highlights the risks of centralized control in AI, which could increase demand for decentralized alternatives, says Grayscale. Grayscale head of research Zach Pandl said in a note on Monday that the order to cut access to Anthropic’s Fable 5 and Mythos 5 shows “the centralized control of frontier AI technology and drives home the need for decentralized alternatives.”“We expect demand for decentralized AI, like Bittensor and its TAO token, to continue to rise as investors seek alternatives,” Pandl said.The…
