Author: News Room

A devastating late-night fire on Thursday destroyed properties worth millions of Naira along Murtala Mohammed Way, near the FCMB Bank branch in the Fagge Local Government Area of Kano State. The incident, which was blamed on an electrical spark, began in a nearby salvage yard and popular second-hand market (locally known as Gwanjo or Takumbo market) before rapidly spreading to neighbouring commercial buildings. According to a statement released on Friday by the spokesperson of the Kano State Fire Service, Saminu Abdullahi, the agency’s Emergency Response Unit received a distress call at 10:54 p.m. The outbreak was first reported by an…

The UK has launched a £15 million initiative, aimed at attracting private investment, supporting economic reforms and speeding up Nigeria’s long-term economic transformation. The initiative was announced during a recent visit by the UK Minister for Africa and International Development, Jenny Chapman, according to a statement issued by the British High Commission on Friday. The programme, announced during Ms Chapman’s meeting with Taiwo Oyedele, the minister of finance and coordinating minister of the economy, will run for three years. It plans to deepen ongoing reforms, strengthen the private sector and unlock new sources of capital for economic growth. “The UK-Nigeria…

President Bola Tinubu has defended his administration’s economic policies, saying the structural reforms introduced since 2023 have boosted federation revenues and enabled states and local governments to allocate more resources to critical sectors, including healthcare. In his Democracy Day broadcast on Friday to mark June 12, Mr Tinubu acknowledged that the fiscal adjustments had imposed economic hardship on Nigerians. Still, he insisted they were necessary to rescue public finances from collapse and redirect resources to national priorities. “Since 2023, our reforms have restored stability and credibility to economic management. Federation revenues have risen, providing states and local governments with more…

Amnesty International has condemned what it described as a “reckless attack on peaceful protesters” during a Democracy Day demonstration in Abuja, where activist and African Action Congress 2027 presidential candidate, Omoyele Sowore, reportedly collapsed after security operatives allegedly fired teargas. In a statement released on Friday, the rights organisation said Sowore was “subsequently taken to a hospital” following the incident at Unity Fountain, Abuja, and called for an immediate investigation into what it described as his “deliberate targeting.” “The Nigerian authorities are clearly using violence to crack down on human rights, including the rights to freedom of expression and peaceful…

Delta State Commissioner of Police, CP Yemi Oyeniyi, has ordered massive deployment of personnel and operational assets across the state “as part of the Command’s efforts to ensure the protection of lives and property, maintain public order and guarantee a peaceful Democracy Day celebration”. This was contained in a statement issued by the police public relations officer for Delta state Command, SP Bright Edafe, in Warri on Friday. Edafe noted that the security arrangement included the deployment of conventional police personnel, tactical teams, intelligence operatives, and undercover officers to strategic locations, critical infrastructure, recreational centres, places of worship, major highways…

Former Lagos State Governor and ex-Minister of Works, Housing and Power, Babatunde Fashola, has urged Nigerians to view elections as inherently imperfect exercises and to focus on strengthening democratic institutions rather than continually disputing electoral outcomes. Speaking on Friday at The Platform, a public policy forum held in Lagos as part of activities marking Democracy Day, Fashola said the complexity of conducting nationwide elections makes absolute perfection difficult to attain, Vanguard reports. According to him, large-scale electoral exercises, particularly presidential elections, involve extensive logistical operations across the federation, creating challenges that no electoral body can entirely eliminate. “Elections are an…

French forward Ousmane Dembélé has described Lionel Messi as the best player he has ever seen, praising the Argentine superstar’s enduring quality despite approaching the latter stages of his career. Speaking to Marca on Friday, Dembélé highlighted Messi’s remarkable ability to remain decisive at the highest level of football, insisting that age has done little to diminish his impact on the game. “Lionel Messi is the best player I’ve ever seen,” Dembélé said. “He’s 38 but he’s still fantastic and dangerous. His quality never gets old,” he said. The Paris Saint-Germain winger, who spent several years alongside Messi at both…

Amazon founder Jeff Bezos says his new AI startup will work toward developing an “artificial general engineer,” according to reports from The New York Times and CNBC. The startup, called Prometheus, aims to develop AI-powered engineering tools to aid in the design of physical products.The tools Prometheus intends to build could help develop physical products across several industries, including robotics, drug design, and manufacturing, the NYT reports. “Blue Origin is a perfect example of a company that could benefit from the tools that Prometheus is building,” Bezos tells the NYT. “Any company that is building sophisticated devices — like rocket…

Polish President Karol Nawrocki vetoed a cryptocurrency regulatory bill for the third time, which sought to implement Europe’s Markets in Crypto Assets Regulation (MiCA) in the country.Nawrocki said Thursday he supports regulating the cryptocurrency market but argued that the government incorporated only one of 16 key amendments proposed by his office. He said that the text was nearly identical to the previous two drafts he refused.The third veto of the bill delays Poland’s alignment with the EU-wide regulatory framework just weeks before the end of MiCA’s transitional period on July 1. Following the end of the grace period, crypto asset…

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