Author: News Room
The reforms pursued by the current administration since its inauguration have restored stability and credibility to economic management, President Bola Tinubu said Friday. “Federation revenues have risen, providing states and local governments with more resources for infrastructure, education, healthcare, and security,” the president said in his Democracy Day address. “Fiscal transparency has improved, leakage has been reduced, and public funds are better directed to national priorities,” he added. The president also noted that investor confidence has returned, marked by growing investments in sectors as diverse as agriculture, energy, manufacturing, technology, mining, transportation and the creative industries. Nigeria has implemented an…
President Bola Tinubu has defended his administration’s economic and power sector reforms, saying access to reliable electricity remains a “democratic dividend” that every Nigerian deserves. In his Democracy Day address to Nigerians on Friday, Mr Tinubu acknowledged the persistent challenges in the electricity sector but said ongoing reforms were designed to reverse years of underinvestment, infrastructure deficits, and financial instability. “Electricity is a democratic dividend we owe every Nigerian. We intend to deliver it,” the president said. Mr Tinubu said his administration inherited a power sector plagued by chronic generation shortfalls, unreliable gas supply, weak transmission infrastructure, huge distribution losses,…
An investigative documentary examining the life, political struggle and death of Moshood Kashimawo Olawale (MKO) Abiola will make its world premiere at the 2026 edition of Sheffield DocFest in the United Kingdom on 12 June. Titled MKO, the film is directed by Nigerian filmmaker and former journalist Ose Oyemandan and has been selected for the festival’s International Competition section. According to the filmmakers, the documentary examines the annulment of the 12 June 1993 presidential election, the detention of Abiola, and the unresolved questions surrounding his death in custody in 1998. Democracy Day premiere The premiere coincides with Nigeria’s Democracy Day,…
Former Super Eagles captain Sunday Oliseh has attributed South Africa’s 2-0 defeat to Mexico in the opening match of the 2026 FIFA World Cup to the immense pressure of performing on football’s biggest stage. South Africa’s World Cup campaign got off to a disappointing start on Thursday as Bafana Bafana were beaten by co-hosts Mexico in a chaotic encounter at the Azteca Stadium that saw the African side finish with nine men. Mexico secured victory through goals from Julián Quiñones and Raúl Jiménez, while South Africa’s discipline deserted them as Yaya Sithole and substitute Themba Zwane were both sent off…
The Inspector-General of Police, Olatunji Disu, has approved the promotion of 374 officers serving in the Kwara State Police Command as part of efforts to reward diligence, professionalism and dedicated service within the Nigeria Police Force. The promotion, which forms part of an ongoing nationwide elevation of deserving personnel across the force, affected officers across different ranks in the command. According to a statement issued on Friday by the Police Public Relations Officer of the Kwara State Command, Adetoun Ejire-Adeyemi, 365 police constables were elevated to the rank of corporal, while two corporals were promoted to sergeant. The statement added…
An Edo State High Court sitting in Benin City on Wednesday sentenced five persons to death by hanging for their roles in the abduction and murder of a legal practitioner, Iyoha Osobase. The court, however, discharged and acquitted one of the defendants, Solomon Esuike, citing insufficient evidence. Delivering judgement in Charge No. B/CD/136C/22, the State v. Valentine Dibie and five others, the presiding judge, Justice Efe Ikpomwonba, held that the prosecution proved its case against five of the defendants beyond a reasonable doubt. The court consequently convicted the five defendants on charges of conspiracy, kidnapping and murder, imposing various prison…
Caveat emptor is a Latin phrase that translates literally to “let the buyer beware”. In everyday conversation and contract law, it means that the person buying a product or service is responsible for checking its quality before making the purchase. Under this principle, the seller isn’t legally forced to point out every single flaw—it is up to you, the buyer, to do your homework. Similarly, workers all over the world, including in Nigeria, fall victim to their inability to discern the appropriate union to belong to. Concerned about the multiplicity of trade unions and the apparent management issues, the federal…
England midfielder, Jude Bellingham, believes the national team is better connected heading into this summer’s World Cup than it was during its run to the Euro 2024 final. Bellingham, who played a key role as England reached the final before losing to Spain, reflected on the squad’s experience and said lessons had been learned from the tournament. As reported by BBC Sport on Friday, Bellingham was quoted as saying, “At the Euros we got some things a little bit wrong off the pitch,” Bellingham said on England’s Lions’ Den show. “I don’t feel like the group is connected as well…
Our early testing has already shown that Siri AI knows when to shut up, and that’s very much by design. In an interview with Mostly Human, Craig Federighi said Apple’s new Siri won’t act all sycophantic like chatbots made by OpenAI, Google, and others.“As you may know, if you use many of the existing chatbots, they’re really focused on engagement to a large degree,” said Federighi who is responsible for software at Apple. “And sycophancy, right? They kind of want to pull you in. They might encourage you to reveal things about yourself, and then use that as a basis…
The US Securities and Exchange Commission proposal to rescind rules around order protections and price quotes could remove a major legal barrier for tokenized US stocks.The SEC on Thursday proposed to scrap two rules in its national market system regulations. Rule 611 that bans “trade-throughs,” where a stock order on one exchange can’t be for a worse price than on another, and Rule 610(e) banning exchanges from displaying a bid at the same or higher price than what is available elsewhere.Galaxy head of research Alex Thorn said the proposal is “one of the biggest unlocks yet for tokenized stocks” as…
