Author: News Room

EU chief hails US-Iran deal to end war, reopen Hormuz

European Union chief, Antonio Costa, on Monday welcomed a deal between the US and Iran to end the Middle East war, adding that the bloc was ready to contribute to a strategy for “lasting peace”. “I look forward to an end to this costly war and to the full restoration of freedom of navigation in the Strait of Hormuz,” Costa, the European Council President, wrote on X. The United States and Iran said they had reached a deal to end the Middle East war on all fronts, including Lebanon, and reopen the vital Strait of Hormuz, but offered little indication…

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Soldiers Destroy Terrorist Hideouts, Logistics Base

Troops of the Joint Task Force North West, Operation FANSAN YAMMA, have launched a major offensive against terrorists and bandits in Matazu Local Government Area of Katsina State, destroying several criminal hideouts and logistics bases during ongoing clearance operations. The military said the operation, codenamed Operation CLEAN SWEEP III, commenced on June 14, 2026, following the death of retired Major General Rabe Abubakar, who was abducted alongside his wife by suspected terrorists in the area. According to the Joint Task Force, the operation is aimed at tracking down those responsible for the attack, dismantling criminal networks, and restoring security across…

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What Elon Musk’s Vision Reveals About the Future

The proposed stock market debut of SpaceX has revived a question that has followed Elon Musk throughout his career. Whether he should be understood primarily as an engineer, an entrepreneur, or something less easily categorised remains unresolved. The company is reportedly preparing for a public listing that could value it at about $1.75 trillion. If achieved, that level would place SpaceX among the most valuable companies ever brought to market. It would also reinforce a broader pattern in which investors assign significant value before earnings fully mature. The IPO is therefore not only about rockets or satellites. It has become…

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Nigeria records .32bn non-oil exports amid informal trade growth

Nigeria’s 25 per cent increase in non-oil exports in 2025 underscores the expanding influence of informal trade in supporting economic growth, with the African Development Bank projecting that greater formalisation could accelerate expansion through improved productivity, writes ARINZE NWAFOR Nigeria’s non-oil exports rose to $9.32bn in 2025, representing a 24.93 per cent increase from the $7.46bn recorded in 2024, as the country intensified efforts to diversify export earnings and capture greater value from informal trade activities across the economy. Data obtained from the Central Bank of Nigeria’s Q4 2025 Statistical Bulletin showed that the country’s non-oil export basket recorded broad-based…

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Lookman Responds Positively to Galatasaray Interest

Super Eagles winger Ademola Lookman is reportedly open to joining Turkish champions Galatasaray, provided the club can reach an agreement with Atlético Madrid over a transfer fee. According to reports in Turkey, Galatasaray have stepped up their interest in the Nigerian international as they prepare for the 2026/27 season, with fellow Super Eagles star Victor Osimhen said to be playing a key role in the pursuit. Osimhen, who has been strongly linked with a permanent move to the Istanbul club, is reported to have spoken with Lookman about the prospect of joining him at Galatasaray. The Turkish champions are keen…

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CFTC Pulls New Mexico Into Prediction Markets Battle

New Mexico is the latest US state to be pulled into the Commodity Futures Trading Commission’s legal fight for its jurisdiction over prediction markets after the state sued Kalshi for allegedly offering illegal sports betting.The CFTC said on Friday that it sued New Mexico Governor Michelle Lujan Grisham, state Attorney General Raúl Torrez, and members of the New Mexico Gaming Control Board in federal court “to block the state’s efforts to apply state gaming laws against CFTC-registered contract markets.”New Mexico sued Kalshi on June 4, arguing the company is offering sports betting to residents without a license and that its…

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This ‘Slimming’ Amazon Maxi Dress ‘Glides Over’ the Midsection

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Wardrobe panic is real — but add in warmer temps and the pressure to find something that makes you feel cool, calm and confident can be even more of a struggle. You want something feminine and pretty for vacation or Saturday morning farmer’s markets, but the thought of squeezing into something tight in 90-degree heat makes you want to cancel the whole trip. Enter the Prettygarden Flowy Maxi Dress. It has quietly become a summer obsession on Amazon with over…

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Another World Cup without Super Eagles

For the next six weeks, millions of football fans across the globe would be glued to their television sets at home and in sports bars, etc., and to streaming devices to watch another quadrennial contest of the beautiful game, organised by FIFA. The present spectacle kicked off in Mexico last Thursday, which co-hosts the tournament with the United States of America (USA) and Canada. In the opening game, Mexico thrashed South Africa 2-0. This Mundial is the first of its kind in terms of organisation, representation and scale. From its usual 32-team format, this year’s tournament has been expanded to…

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Living beside death: Ogun residents battle toxic dumpsite, killer road

The first thing that hits visitors to the Oja Agbe Market in Ifo, Ogun State, is the suffocating stench from a towering dumpsite that looms over traders, buyers and residents. As residents and traders raise fears of food contamination, recurrent disease outbreaks and deadly accidents linked to the refuse-filled road, the market has become a symbol of a community trapped between neglect and survival, UTHMAN SALAMI writes  It was a rain-soaked Saturday, May 29, 2026, when this reporter visited the popular farmers’ market in Oja Oba along Sholu-Kajola Road in the Ifo Local Government Area of Ogun State. As heavy…

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22-Year-Old, Two Others Killed in Ikorodu

A 22-year-old man, Abdulmalik Bakare, and two other persons have been reportedly killed by suspected cultists who invaded the Oreta community in the Ikorodu area of Lagos State. The father of the deceased, Tunde Bakare, said in an interview with PUNCH Metro on Sunday that the incident occurred on Wednesday. According to him, six suspects have been arrested in connection with the case. He said, “The Divisional Police Officer said he would ensure that the case is thoroughly investigated.” When our correspondent visited the community on Sunday, an eerie calm hung over the area. PUNCH Metro gathered that the attack…

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