Author: News Room

The Department of State Services (DSS) on Monday re-arraigned activist and former presidential candidate, Omoyele Sowore, before an Abuja Federal High Court over an alleged anti-President Bola Tinubu social media post, as the Federal Government formally dropped charges against Meta Platforms Inc. and X Corporation. The development followed the prosecution’s decision to amend the charge, leaving Sowore as the sole defendant in the cybercrime case. Sowore was first arraigned on December 2, 2025, in a suit marked FHC/ABJ/CR/484/2025, alongside Meta Platforms Inc. and X Corporation, formerly Twitter. However, at the resumed hearing before Justice Umar on Monday, lead prosecution counsel,…

The Ikeja Sexual Offences and Domestic Violence Court on Monday convicted and sentenced Olumuyiwa Adjoto to double life imprisonment for defiling his wife’s six-year-old niece. Justice Rahman Oshodi, who delivered the judgment, ruled that the prosecution proved two of the three counts against Adjoto beyond a reasonable doubt. The Lagos State Government had charged Adjoto with defilement, sexual assault by penetration, and indecent treatment of a child. The judge found Adjoto guilty of defilement and sexual assault by penetration but discharged him on the third count of indecent treatment of a child. In his judgement, Oshodi described the offences as…

The global financial landscape is undergoing a profound transformation. From the rapid integration of artificial intelligence in trading to the increasing complexity of cross-border financial flows, the risks facing our markets have evolved. As the apex regulator of the capital market, the primary mandate of the Securities and Exchange Commission, Nigeria, is to ensure stability, protect investors, and facilitate capital formation. To achieve these goals in an era of heightened volatility, the commission has recently revised the minimum capital requirements for all capital market operators. This decision is not merely a technical adjustment; it is a strategic imperative designed to…

Nigeria’s economy is exhibiting early signs of stabilisation, with the Central Bank of Nigeria projecting stronger growth and easing inflation for 2026. The apex bank forecasts GDP growth of 4.49 per cent, average inflation of 12.94 per cent, and external reserves climbing to $51.04 bn, driven by structural and monetary reforms. The CBN expects these measures, along with higher oil production, fiscal restructuring, and improved market discipline, to recalibrate the economy and foster a more competitive and resilient growth trajectory, SAMI TUNJI reports Nigeria’s economy appears to be entering a phase of renewed stability, with the Central Bank of Nigeria…

Valencia have stepped up their search for midfield reinforcements after Frank Onyeka joined Wilfred Ndidi on the club’s transfer shortlist as they look to strengthen ahead of the second half of the season, PUNCH Sports Extra reports. According to Fichajes, Valencia have renewed their interest in Onyeka as they seek to add energy, authority and physical presence to an area of the pitch viewed as urgently in need of reinforcement. “Valencia CF has rekindled its interest in Nigerian international Frank Onyeka, the current Brentford player, to strengthen a wide area that needs immediate lungs and hierarchy,” Fichajes reported. “The sports…

A publishing company, University Press PLC, on Monday, donated over 3,000 books to the Ondo State Government to boost the state’s education sector. UPPLC’s Managing Director and Chief Executive Officer, Mr Samuel Kolawole, made the donation during a courtesy visit to Governor Lucky Aiyedatiwa at the governor’s office in Akure. Kolawole said the gesture was part of the company’s Corporate Social Responsibility to the state. He said, “This is one of the things that we do in University Press PLC. We believe that in any environment where we are, and we are succeeding, as part of the stakeholder approach to…

Digital innovation and decentralised energy solutions could hold the key to fixing Nigeria’s struggling power grid, Schneider Electric has said, highlighting the critical role of technology in modernising the country’s electricity sector. Country Sales Director, Process Automation & Software, English-speaking Africa at Schneider Electric, Elijah Daniel, noted that just over 60 per cent of Nigerians have access to grid-connected electricity, and even those who do often endure erratic service. According to the National Bureau of Statistics, the average daily supply stands at less than seven hours. “Like Albert Einstein famously said: ‘In the middle of difficulty lies opportunity,’” Daniel said.…

Vocal critics within the Trove Markets community on X are in uproar again after the team announced it will keep most of the investor funds it had raised to build on Hyperliquid and instead use them to build on Solana. Trove had raised over $11.5 million for a token sale tied to its integration on Hyperliquid, but announced on Friday, just days before its token generation event, that it will pivot to building on Solana.One of Trove’s builders, “Unwise,” later blamed the pivot on a liquidity partner withdrawing 500,000 Hyperliquid (HYPE) tokens needed for the Hyperliquid integration, with dozens of Trove…

The one thing that you’ll find in any era of movies is that the Oscars don’t always make the right call when it comes to the Best Picture award. But since we’ve been given a second chance to reappraise the films of the 2000s, it means we can make different choices. The Watch With Us team has selected our picks for the best movie of every year of the 2000s. And out of the ten films, we only agreed with the best picture winners twice. Every other film on the list was denied the top prize. Related: The Best Movie…

A police inspector has shot dead his colleague in Rivers State, South-south Nigeria. The inspector, Victor Okus, shot dead the victim, Ibrahim Sani, and injured another officer, Daniel Dauda, on Sunday in Port Harcourt, the state capital. The police spokesperson in Rivers State, Grace Iringe-Koko, confirmed the incident in a statement on Monday. How it happened Mrs Iringe-Koko, a chief superintendent of police, said the incident occurred at Next Cash and Carry Supermarket in Port Harcourt, where the police officers were on joint guard duty with military officers. The police spokesperson said the Unit Commander, 14 PMF, Turaki Hassan, who…