Author: News Room

Nigeria Ranks 2nd Among World Cup Absentees

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…

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Anthropic Ban Drives Demand for Decentralized AI Tokens

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…

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16 Stylish Wide‑Leg Pants That Women Over 40 Love

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Summer fashion can be hit or miss, especially when you want to stay cool without losing that grown‑woman polish. That’s exactly why stylish women over 40 keep reaching for wide‑leg pants that are breezy, flattering and endlessly elevated. Even better, there’s a flattering pair for every type of fashionista, from denim wide‑leg trousers and cropped cuts to bold pleated styles and washable silks. As shopping experts, we perused fan-favorite retailers, including Amazon, Quince, Nordstrom and more, and found 16 wide-leg…

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Witness details how LG funds entered private account in ex-governor Ishaku’s corruption trial

A prosecution witness, Taiwo Johns, on Monday told the Federal Capital Territory High Court in Abuja how he received Taraba State local government funds in his company’s account and disbursed the money based on instructions from officials of the Taraba State Bureau for Local Government and Chieftaincy Affairs. He testified before trial judge Sylvanus Oriji in the N27 billion fraud trial of former Taraba State Governor Darius Ishaku and former Permanent Secretary in the Bureau for Local Government and Chieftaincy Affairs of the state, Bello Yero A statement from the Economic and Financial Crimes Commission ( EFCC) spokesperson, Dele Oyewale,…

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CBN orders banks, fintechs to disclose owners, store payment data in Nigeria

The Central Bank of Nigeria (CBN) has directed all financial institutions with digital payment operations to disclose the Ultimate Beneficial Ownership (UBO) of significant shareholders, in line with existing laws and regulatory requirements. The apex bank said the new measure aims to promote transparency, reduce market concentration risks, and enhance the resilience of the country’s payments ecosystem. In a circular issued to Deposit Money Banks (DMBs), Payment Service Providers (PSPs), fintechs, and other financial institutions on Monday, the apex bank stated that the rapid growth of electronic payments has raised concerns about market concentration, operational dependence, and transparency of ownership.…

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Baba Ijesha and his fashion stylist wife welcome a baby boy

Yoruba actor Olanrewaju “Baba Ijesha” James and his wife, fashion stylist Abiodun Tokunbo, have welcomed a newborn baby boy. Baba Ijesha announced the new arrival on his Facebook page on Monday. He revealed their son’s name as King Kagar. He currently has over four thousand followers on Instagram. Baba Ijesha said God had been writing their story quietly, in ways unseen by others. “In quiet ways, in unseen ways, God has been writing a story only He could tell. We thank the Almighty for blessing us with a healthy baby boy. “God gave me more than l prayed for, my…

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FG gets tough, begins trial of over 600 terrorism suspects

The Federal Government on Monday commenced another phase of mass trials for hundreds of suspected terrorists facing terrorism-related charges in Abuja. This is as the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), declared that the administration would not treat terrorism with levity. The prosecution is being led by Fagbemi, while the Director-General of the Legal Aid Council, Aliyu Abubakar, heads the defence team. The trials, taking place simultaneously in several courtrooms, are expected to last one week. Some of the judges handling the cases include Justices Binta Nyako, Emeka Nwite, Musa Liman, James Omotosho, Obiora Egwuatu…

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Four Suspects Arrested, N126m Worth

The Nigeria Customs Service, Federal Operations Unit, Zone A, Ikeja, in collaboration with the National Environmental Standards and Regulations Enforcement Agency and the Wildlife Justice Commission, has intercepted 22 pieces of elephant tusks weighing 130.84 kilograms with a street value of N126.3m. Announcing this in a statement on Monday obtained by PUNCH Metro, the Public Relations Officer of the FOU Zone A, Hussaini Abdullahi, a Chief Superintendent of Customs, added that four suspects were arrested in connection with the seizure. He stressed that the items were seized over the weekend at “Ofada, Mowe, Ogun State, and other areas within Lagos,…

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Beyond Lending to Economic Inclu

For decades, access to consumer credit has been largely restricted to salaried workers and high-income earners, while most Nigerians have depended on personal savings, family support, cooperative societies, and informal lenders to meet household and business needs. Beyond economics, Nigeria must also confront a deeper challenge that has long hindered inclusive development: the persistence of poverty as a tool of political control. In many communities, chronic deprivation fosters dependence on periodic handouts, patronage networks, and short-term relief measures rather than sustainable economic opportunities. This weakens economic agency and can leave vulnerable populations susceptible to political manipulation. The establishment of the…

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Nigeria gas output rises as domestic demand grows

Nigeria’s daily natural gas production rose to 7.93 billion standard cubic feet per day (bcf/d) in May 2026, driven by increased domestic demand and the growing contribution of non-associated gas production, fresh industry data has shown. The data revealed that gas production rose to 7.93bcf/d in May 2026, representing a 0.63 per cent year-on-year increase from the 7.88bcf/d recorded in the corresponding period of 2025. A breakdown of May’s production data published on the Nigerian Upstream Petroleum Regulatory Commission website on Monday showed that Associated Gas accounted for 3.96bcf/d, while Non-Associated Gas contributed 3.98bcf/d. This indicates that non-associated gas is…

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