Author: News Room

The World Bank has revealed that Nigerian companies have emerged as one of the biggest beneficiaries of development procurement globally, ranking fifth worldwide in contracts awarded to local contractors. This was disclosed on Tuesday at the World Bank Group Business Opportunities Seminar held in Lagos. Speaking at the event, the Vice President, Operations Policy and Country Services of the World Bank, Ms Gallina Vincelette, said, “Over the past five years, Nigerian suppliers have been awarded more than 6,800 World Bank-financed contracts. The total value is over two and a half billion dollars. “More than half, more than 60 per cent…

International transfer fees in men’s football hit a record $13.08 billion (10.9 billion euros) in 2025, world football’s governing body said on Wednesday. FIFA said in its annual Global Transfer Market report that there was an all-time record of 86,158 international transfers completed in 2025. Women’s football accounted for 2,440 transfers (+6.3%) and total spending of $28.6 million, a year-on-year increase of more than 80%. The joint transfer total from men and women’s football, professional and amateur, of $13.11 billion represents more than 50% above the spending in 2024 and 35.6% higher than the previous record, set in 2023. In…

A book-style folding phone is a gadget that poses one radical idea: What if you always had a computer in your pocket?When you’d like to be writing a blog while your plane is taking off, and large electronics (Computer) must be stowed? When you’re sitting on the couch putting together a grocery order, and Computer is in the other room? When your job is to write blog posts, but you weren’t allowed to bring Computer into the keynote venue? These are real scenarios in which I’ve used the Google Pixel 10 Pro Fold and Samsung Galaxy Z Fold 7 over…

Fidelity Investments plans to launch a new stablecoin next month, marking a logical next step for the asset manager as it expands its digital-asset infrastructure following conditional approval for a national trust bank from the Office of the Comptroller of the Currency.Bloomberg reported Wednesday that the Fidelity Digital Dollar, or FIDD, will be issued by Fidelity Digital Assets, National Association, the national trust bank approved by US regulators in December. Fidelity Digital Assets president Mike O’Reilly told the publication that stablecoins could “serve as foundational payment and settlement services,” citing benefits such as real-time settlement and round-the-clock availability. Source: CointelegraphWhile Fidelity…

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! When celebrities walk the red carpet, they need to look completely flawless. To achieve that, there’s a new blurring concealer that already has Kate Hudson, Amal Clooney, Teyana Taylor, Zoey Deutch and Emily Blunt swooning. Charlotte Tilbury told Us that she slyly debuted this skin-perfecting concealer during the Golden Globes. I certainly noticed that these actresses’ makeup had an airbrushed effect to it. Little did I know that it was thanks to the Charlotte Tilbury Airbrush Flawless Blur Concealer. Get…

The Lagos State Sexual Offences and Domestic Violence Court in Ikeja, on Wednesday, sentenced a security guard, Emmanuel Buchi, to life imprisonment for raping a 37-year-old nurse (name withheld) in a school clinic. The News Agency of Nigeria (NAN) reports that Mr Buchi and the nurse were employees of Greensprings School, Awoyaya, Ibeju-Lekki, where the incident occurred on 27 November 2021. In his judgement, trial judge Rahman Oshodi held that the Lagos State Government had successfully proved the charges of rape and assault occasioning harm against the convict. Mr Oshodi described Mr Buchi as a pathological liar whose attempt to…

Air Peace on Wednesday said adverse weather conditions and a bird strike disrupted some of its scheduled flights on major domestic routes, including Lagos–Port Harcourt and Abuja–Owerri. The airline disclosed this in a press release, stating that poor visibility caused by unfavourable weather conditions affected flight operations on the routes, resulting in unavoidable delays. According to the airline, the Abuja–Owerri service was separately affected by a bird strike upon arrival in Owerri, prompting precautionary aircraft inspections. “In all cases, our operations and maintenance teams acted promptly and in full compliance with regulatory safety standards to ensure the safety of our…

The Nigeria Police Force has arrested no fewer than six suspects for allegedly hacking a telecommunication company in Nigeria.​This is contained in a statement by the Force Spokesman, Benjamin Hundeyin, on Wednesday. Hundeyin disclosed that the suspects allegedly gained unlawful access into the core systems of the telecommunication company. He said they diverted airtime and mobile data worth N7.7 billion. Details shortly…

Social critic, Reno Omokri, has charged former presidential candidate, Peter Obi to limit his divisive nature to the African Democratic Congress, ADC. Omokri said Obi should get a life and stop expecting bad news to react to in Nigeria. He was reacting to Obi’s claim that President Bola Tinubu reneged on his campaign promises of ensuring adequate electricity in Nigeria. Speaking on the latest national grid collapse, Obi had said Tinubu should stay in Nigeria to fix the country’s challenges instead of embarking on foreign trips. However, Omokri recounted how the United States has suffered several major power grid failures,…

Operatives of CP-Special Assignment Team, CP-SAT have arrested three suspected cultists, armed robbers in Uruakpa area of Sapele, Delta State. The suspects were arrested on 26 January 2026, DAILY POST can report. Delta State Police Public Relations Officer, SP Bright Edafe confirmed the report in a statement in Warri. The Police PRO said,”on 26 January 2026, operatives of the Command’s CP–Special Assignment Team (CP-SAT), acting on credible intelligence, stormed a suspected criminal hideout at the Irapa area of Sapele town and arrested three (3) suspects.” According to SP Edafe, “During the operation, three (3) suspects were arrested. They are Kome…