Author: News Room

The Chairman of the House of Representatives Committee on Defence, Babajimi Benson, has commended President Bola Tinubu for approving a comprehensive review of the salaries and welfare package of personnel of the Armed Forces of Nigeria. He described the move as a landmark step towards strengthening the country’s security architecture. Mr Benson, in a statement issued on Thursday on behalf of the committee, also praised the president’s approval for the expansion of the Nigerian Army through the creation of four additional divisions and the recruitment of 28,000 personnel. The lawmaker described the measures as historic and timely interventions that demonstrate…

The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, on Thursday praised Edo State Governor Monday Okpebholo for what he described as his humble and people-centred approach to governance. According to a statement by Okpebholo’s Chief Press Secretary, Patrick Ebojele, the monarch spoke when the Edo governor, accompanied by Kogi State Governor Ahmed Usman Ododo, paid him a courtesy visit at the Ooni’s Palace in Ile-Ife, Osun State. Welcoming the governors, the Ooni said their humility and simplicity distinguished them from many of their contemporaries, adding that they had remained connected to ordinary Nigerians despite holding high public offices.…

TikTok says a “moderator error” delayed the removal of a livestream that appeared to show blogger Perez Hilton harming himself, as reported earlier by Wired. Jamie Favazza, a spokesperson for TikTok US, tells The Verge that the platform notified law enforcement about the situation and banned Hilton’s account for violating its community guidelines.Hilton, or Mario Armando Lavandeira Jr., is known for the celebrity gossip blog he started in 2004, where he often posted photos of stars featuring his own often obscene or cruel drawings layered on top.Though some users claimed Perez’s livestream aired for more than 30 minutes, Favazza disputes…

Bitcoin miners’ pivot into artificial intelligence and high-performance computing (HPC) is reshaping their business models, but investors are no longer rewarding new infrastructure deals with the same enthusiasm they once did, suggesting the market has become more discerning as AI hosting strategies move into the mainstream.According to new analysis by Blocksbridge Consulting published in TheEnergyMag’s Miner Weekly, the market reaction to AI infrastructure announcements has weakened significantly over the past two years. Reviewing 25 AI and HPC infrastructure deals announced between June 2024 and August 2026, the report found that the average announcement-day stock move fell from roughly 24% for…

The Spice Girls’ Melanie Chisholm is proving that friendship never ends… especially not over bandmate Geri Halliwell wearing white to her wedding. Chisholm wed longtime love Chris Dingwall in Cumbria, England, last month, wearing a white wedding dress designed by former bandmate Victoria Beckham. While Beckham wasn’t able to attend, Halliwell, Emma Bunton and Mel B were all there to celebrate their friend. However, after British Vogue shared pictures from the ceremony, fans noticed that Halliwell, 54, was also in white. “I did have a little chat with Geri… it is her favorite color,” Chisholm, 52, said in a recent…

Members of the Ondo State House of Assembly have suspended the planned removal of its Speaker, Olamide Oladiji, following the intervention of the leadership of the state chapter of the All Progressives Congress (APC). The lawmakers have, however, set up a committee to audit the finances of the legislature. Chairman of the House Committee on Information, Tunji Fabiyi, disclosed this to journalists on Thursday in Akure, the state capital after a Parliamentary Session. PREMIUM TIMES reported that 21 members of the House recently demanded Mr Oladiji’s resignation or face forceful removal over allegations of misconduct and mishandling of N44 million largesse from…

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has unveiled sweeping draft regulations that would prohibit petroleum companies from fixing fuel prices, restricting product supply, sharing markets or coordinating commercial decisions capable of distorting competition across Nigeria’s midstream and downstream petroleum industry. The proposed Midstream and Downstream Petroleum Prevention of Anti-Competitive Practices and Behaviour Regulations, 2026, seek to dismantle anti-competitive conduct ranging from pump price coordination and artificial scarcity to bid rigging, customer allocation, exclusive supply arrangements and the exchange of commercially sensitive information among competitors. The move comes amid renewed concerns over pricing practices in the downstream petroleum sector…

Apple bumped up its trade-in offers for iPhones, iPads, Macs, Apple Watches, and certain Android phones, with some devices now worth over $100 more, 9to5Mac reports. The Mac Studio’s trade-in value increased the most, going up by $260. While some devices’ offers are unchanged, most got an increase of around $5 to $20, with a few seeing an increase of over $100:Additionally, Apple is now offering trade-in credit for a handful of new Android devices:While some new Android phones have been added to the list, Apple lowered its trade-in credit for a few others, including:The higher trade-in credits on most…

Real-world assets (RWAs) are gaining momentum as tokenized versions of traditional investments move beyond issuance and become active parts of onchain financial markets.RWA deposits across decentralized finance platforms more than tripled year over year to $7.4 billion in the second quarter of 2026, while total DeFi deposits fell about 15%, according to a joint report by CoinShares and Token Terminal published Thursday.CoinShares CEO Jean-Marie Mognetti said the divergence shows that RWA demand is being driven by practical use cases rather than broader market conditions. “When an asset class grows through a downturn in its host ecosystem, demand is being driven…

Perez Hilton reflected on his well-being just five weeks before he was hospitalized after appearing to self-harm during a TikTok livestream. In a June YouTube vlog, Hilton, 48, told his followers that he was preparing to move with his three children — Mario, 13, Mia, 11, and Mayte, 8 — from Las Vegas to his native Miami. A week later, the celebrity blogger shared a short vlog titled, “I Fell Off The Wagon – In Every Sense! BUT,” in which he shared that he was getting back to the gym and reading the Bible after a stressful move. “I fell…