Author: News Room

EDIDIONG IKPOTO examines the possible repercussions an adverse ruling in the ongoing P&ID trial could have on Nigeria’s already strained economy Judgment on the protracted legal tussle between Nigeria and hedge fund-backed Process & Industrial Development Ltd isn’t expected for at least several weeks; nonetheless, given the multiple beatings the Nigerian economy has suffered in recent memory, the stakes are hard to overstate with regard to what the consequences of an adverse ruling could mean for Africa’s largest economy. The trial has its origin in a failed 2010 gas deal between Nigeria and P&ID, a British Virgin Islands-registered firm founded…

Halvor Egner Granerud became the first Norwegian man to win two Crystal Globes before wrapping up the overall Raw Air title on a memorable day in Vikersund.The home jumper, who won his first world crown in 2021, was confirmed as World Cup champion when his closest challenger, Poland’s Dawid Kubacki, pulled out of Sunday’s competition due to personal reasons.Granerud has won 14 events this season and his 2058 points put him in an unassailable lead.VikersundGranerud wins second Crystal Globe in Vikersund5 HOURS AGOHe then went on to finish second behind Stefan Kraft, who jumped 246.5 and 235.5 metres to score…

It’s official: Kenan Thompson and Kel Mitchell will reunite for a Good Burger sequel that’s set to hit Paramount Plus later this year. The duo revealed the news during a segment on The Tonight Show Starring Jimmy Fallon on Friday night, noting that they will start filming in the summer.Good Burger 2 takes place in a present-day version of the fictional fast food restaurant of the same name, with Thompson reprising his role as Dexter Reed and Mitchell as Ed, the store’s hilariously oblivious cashier. Here’s the film’s official synopsis:Dexter Reed is down on his luck after another one of his…

The new owners of The Boca Raton hotel recently spent $200mn on modernising the luxury south Florida resort. But, for many of the derivatives specialists gathered there this week, for the annual Futures Industry Association conference, walking through the beach club felt like stepping back in time.Rostin Behnam, chair of the Commodity Futures Trading Commission, summed up the mood, when talking to reporters: “This conference hall was filled with a new set of players a year ago — and now it feels like it kind of went back to where it was a few years ago.”Last year, FTX chief executive…

The United States Federal Reserve has announced a coordinated effort with five other central banks aimed at keeping the U.S. dollar flowing amid a series of banking blowups in the U.S. and in Europe.The March 19 announcement from the U.S. Fed comes only a few hours after Swiss-based bank Credit Suisse was bought out by UBS for nearly $2 billion as part of an emergency plan led by Swiss authorities to preserve the country’s financial stability. According to the Federal Reserve Board, a plan to shore up liquidity conditions will be carried out through “swap lines” — an agreement between…

Sisters forever. Though she wasn’t in attendance, Alyssa Milano gushed over the Charmed reunion that happened at 90s Con. “This makes me happy for the OG Charmed fans. What a gift!” the actress, 50, captioned a photo of Shannen Doherty, Rose McGowan and Holly Marie Combs at the Charmed panel. The three women were joined by Brian Krause, Dorian Gregory and Drew Fuller for a reunion at the convention in Hartford, Connecticut, on Sunday, March 19. Milano was the only main cast member missing. Courtesy of Thats4Entertainment/Nick Cinea The original Charmed ran from 1998 to 2006 on The WB and…

Early detection of bladder cancer can improve clinical outcomes and survival rates, similar to other cancers. One current area of research involves looking at cell mutations in areas where cancer may occur to predict the likelihood of it occurring in the future. A recent study showed a urine test could be used to detect 10 specific genes that could help predict bladder cancer. B​ladder cancer is the 10th most common cancer worldwide and the fourth most prevalent cancer among men. The disease develops when bladder tissue cells begin to separate uncontrollably.Malignant bladder cancer can spread quickly and may be life…

Eroton Exploration and Production Company Limited says it remains the operator of Oil Mining Lease 18, in line with the provisions of the Joint Operating Agreement (JOA). The company in a statement on Monday said it was a validly appointed operator of OML 18 via a legal and contractual process involving all the participating entities in the JOA. It added that it has approached the relevant courts to defend its legal rights. The Nigerian National Petroleum Company Limited and OML18 Energy Limited, both non-operating partners of Oil Mining Lease 18, recently announced the removal of Eroton as the operator of…

Contrary to the innuendos and aspersions being cast on the election by organisations such as Financial Times, Economist, New York Times, among others, we make bold to say that the 2023 presidential election is the most credible, most free and most fair national election in Nigeria since 1999. In weeks and months leading to the 25 February presidential and National Assembly elections, there were a rash of pre-election analysis, news reports, special features and even opinion polls from a number of partisan local pollsters and international media that gave victory to the candidate of Labour Party, Mr Peter Obi. Some…

A non-profit organisation, Mercy Jet Foundation, in collaboration with the Hospital for Trauma and Surgery (HTS), is appealing for an estimate of N6.3 million to save the life of five-year-old Akachukwu Nwanye. According to the foundation in a message to PREMIUM TIMES, Master Akachukwu was diagnosed with Tetralogy of Fallot (TOF), a heart-related condition that involves a poor formation of a baby’s heart right from the womb. The foundation noted that the heart condition was first discovered at X-Serve Children’s Heart Clinic, after which he was transferred to the Lagos University Teaching Hospital (LUTH) for further treatment before the partnership…