Author: News Room

Africa’s biggest bank targets stake in OPay ahead of IPO

Africa’s largest bank by assets, Standard Bank Group is in negotiations with Nigerian fintech company OPay ahead of the latter’s planned initial public offering (IPO) in the United States. OPay is working with Citigroup, Deutsche Bank AG and JPMorgan Chase & Co to help list the company in New York, which is expected to take place later in 2026, according to Bloomberg. The amount Standard Bank intends to invest and the stake it is seeking in OPay remain unknown as the fintech, backed by SoftBank Group Corp and Sequoia Capital, targets a US IPO valuation of $4 billion. The potential…

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Tourism Minister Musawa unveils 100-day ‘Ember to Remember’ campaign

The Federal Ministry of Art, Culture, Tourism and the Creative Economy has announced “Ember to Remember 2026,” a 100-day national tourism season designed to promote Nigeria’s cultural, tourism and creative offerings from September to December. The initiative was announced on Monday in Abuja by the Minister of Art, Culture, Tourism and the Creative Economy, Hannatu Musa Musawa. Musawa said the campaign will be formally launched and its national calendar unveiled at the Ember to Remember National Stakeholders Conference scheduled for September 14 at Eko Hotel, Lagos. Speaking at a press conference at the Transcorp Hilton Hotel in Abuja, the minister…

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Patrick Vieira appointed new Senegal Coach as Teranga Lions begin new era

Patrick Vieira has officially been appointed as the new head coach of Senegal’s senior national team, marking the beginning of a new chapter for the Teranga Lions. The appointment was confirmed by the Senegalese Football Federation (FSF), which announced that the former France international will take charge of the national team. The federation added that the date for Vieira’s official presentation, as well as details of the next steps regarding his installation, will be communicated in a subsequent announcement. “Mr. Patrick Vieira is the new coach of Senegal’s senior national team. The date of the official presentation and the next…

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Atiku, Makinde absent as presidential candidates, parties sign peace pact

Political parties, presidential and National Assembly candidates on Tuesday signed the First National Peace Accord on issue-based campaigns for the 2027 general elections. The parties and the candidates pledged to shun violence, hate speech, personal attacks, misinformation and other forms of conduct capable of undermining the electoral process. The signing ceremony, organised by the National Peace Committee in partnership with The Kukah Centre, took place in Abuja on the eve of the official commencement of campaigns for the 2027 general elections. However, the event was marked by the absence of some notable opposition figures, including former Vice-President Atiku Abubakar and…

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PlayStation’s wireless gaming speakers launch in November

Sony’s Pulse Elevate wireless gaming speakers are launching on November 12th and will cost $219.99, the company announced on Tuesday. Announced nearly a year ago, the speakers are compatible with a PS5, PlayStation Portal, PC, and Mac, and they include “studio-inspired planar magnetic drivers” that offer “lifelike sound across the entire audible spectrum,” Sony says. They also include a built-in mic for voice chat, Sony’s PlayStation Link low-latency tech, and charging docks for topping up the batteries.The Pulse Elevate speakers come in two colors, black and white, and preorders begin on September 1st at 10AM ET in the US or…

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Kraken’s Krak Launches Multi-Asset Debit Card in US

Kraken’s payment app, Krak, has launched a multi-asset debit card in the US, allowing customers to spend crypto and fiat while earning up to 2% cashback in dollars or Bitcoin (BTC).The card supports more than 600 currencies and assets, with holdings converted into US dollars at point of sale. A single purchase can draw from multiple balances, with users setting the order in which assets are spent, according to an announcement Tuesday.The card is issued by Lead Bank on Visa’s network and powered by Stripe Issuing, with physical and virtual versions available to eligible US customers. The company said cashback…

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Charlize Theron’s Striped Button-Down Shirt Look Is Only

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! The classic striped button-down shirt is getting a seriously chic upgrade, courtesy of Charlize Theron, who recently showed just how polished the wardrobe staple can be. Her blue-and-white striped shirt is giving effortless sophistication, and we’re recreating the look for less with this $26 Amazon find. Theron wore the striped shirt to a press conference for The Odyssey in Seoul on August 3, 2026, pairing it with a wrap-style skirt, black gloves and pointed-toe heels for a high-fashion take on…

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VC rejects ASUU’s claim of resignation of over 200 lecturers

The Vice Chancellor of Kaduna State University (KASU), Abdullahi Musa, has rejected claims by the university’s chapter of the Academic Staff Union of Universities (ASUU) that more than 200 lecturers, including professors, have resigned from the institution because of poor service conditions. Musa, a professor, described the claim as misleading and unsupported by the university’s records, urging the public to disregard it. His response comes hours after PREMIUM TIMES reported that ASUU-KASU had raised concerns over the alleged exodus of experienced academic staff from the university and threatened an indefinite strike if authorities failed to address its grievances. At a…

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Cement costs more in Nigeria than Kenya, Tanzania as FCCPC probes pricing

The Federal Competition and Consumer Protection Commission (FCCPC) says preliminary findings from an investigation into Nigeria’s cement market have raised concerns over possible manipulation of prices in the sector. The investigation was launched following widespread complaints about the rising cost of cement, a major input in Nigeria’s construction industry, with the regulator now examining whether the prices being paid by consumers are fully justified by prevailing market conditions. In a statement issued on Tuesday, the FCCPC said its Anticompetitive Practices Department conducted a three-month investigation, including a cross-border study of cement markets in Kenya, Tanzania, South Africa, Egypt, Morocco, Algeria…

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Family announces burial arrangements for filmmaker, Dimbo Atiya

The family of the late Nigerian filmmaker, producer, and director Dimbo Atiya has announced burial arrangements for the acclaimed creative practitioner. PREMIUM TIMES reported that the Mr Atiya died on 6 August 2026. He was 52 years old. The news of his death was announced by actor Mofe Duncan and filmmaker Uzee Usman through their respective social media platforms. However, in a statement signed by SP Benson Atiya (Rtd) on behalf of the family, dated 17 August, the family said funeral activities for Mr Atiya would take place in Jos, Plateau State, on 27 and 28 August 2026. Burial arrangements…

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