Author: News Room

SDP Disowns Suit Against INEC Timetable

The Social Democratic Party faction loyal to its National Chairman, Shehu Gabam, has distanced itself from a lawsuit challenging the Independent National Electoral Commission’s timetable, describing it as unauthorised and not approved by the party’s leadership. In a statement on Wednesday in Abuja, the party said the case was instituted without its knowledge or approval and was filed by its former National Secretary, Dr Olu Agunloye. The faction said Agunloye lacked the authority to initiate legal action on behalf of the party, insisting that the suit did not reflect the position of any of its constitutionally recognised organs. According to…

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Everton Ordered to Pay Burnley £35m in Relegation Dispute

Everton have been ordered to pay Burnley more than £35 million ($47 million)in compensation after they were sued over Premier League profitability and sustainability breaches from the 2021/22 season when the Clarets were relegated. The Toffees were deducted 10 points in late 2023 for financial misdemeanours, a punishment reduced to six points on appeal a few months later, under former owner Farhad Moshiri. Everton finished four points above 18th-placed Burnley in 2021/22. Burnley, however, successfully argued that had the six-point penalty for PSR breaches been applied that season they would have survived at Everton’s expense. Burnley But furious Toffees chiefs…

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Stars gather for service of songs

The Nigerian entertainment industry gathered in their numbers on Wednesday for the service of songs of late Nollywood actor, Alexx Ekubo. PUNCH reports that the popular actor died on May 11, 2026, after a battle with kidney cancer. Family, friends, colleagues gather for Alexx Ekubo’s service of songs Family, friends, colleagues gather for Alexx Ekubo’s service of songs Family, friends, colleagues gather for Alexx Ekubo’s service of songs In accordance with the funeral arrangements released by the Ekubo family, colleagues, friends, and dignitaries trooped into The Monarch Event Centre, clothed strictly in white attire. Videos from the event currently circulating…

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Apple, Google add support for Thread 1.4

Apple and Google are updating their smart home streaming devices to Thread 1.4. As first spotted by Matter Alpha and 9to5 Google, the latest spec has arrived on compatible Apple TVs in the tvOS 27 developer beta and the Google TV Streamer through a software update.Thread is one of the connectivity protocols the interoperability standard Matter runs on. The original plan was for Thread Border Routers to all work seamlessly behind the scenes, but that didn’t pan out.In 2024, the Thread 1.4 spec introduced a standardized way for border routers to share credentials. Two years later, with 1.4 on board,…

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Bitcoin Price Drops Follow BOJ Rate Hikes: Is Another Crash Developing?

Since 2024, Bitcoin (BTC) has posted four major corrections after interest rate hikes by the Bank of Japan (BOJ), with declines ranging from 18% to 28%. This dynamic places renewed attention on the BOJ’s June 16 policy decision. Data currently point to a variety of pressures on BTC, with BTC whale distribution and exchange inflows possibly carrying more weight than Japanese monetary policy.  BOJ hikes and Bitcoin drawdowns: Will history repeat?The relationship between BOJ policy and Bitcoin has gained attention because each rate increase since Japan ended its negative interest rate policy has been followed by a sizable correction. Following the March 19,…

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Snooki Shares Cancer Battle Update Amid Podcast Relaunch

Nicole “Snooki” Polizzi had an emotional — and as a result, expensive – reaction to her cervical cancer diagnosis. “I called my mom, crying, like, ‘Schedule my funeral, this is what I want,’ like, being so dramatic,” Snooki, 38, exclusively tells Us Weekly of how she processed her diagnosis while promoting the relaunch of her and Joey Camasta’s podcast, “It’s Happening with Snooki & Joey,” which premiered with podcast network The Volume and sponsor Hard Rock Bet on Wednesday, June 10. “I was hysterical for, like, three days, and then I was like, ‘You’re a bad bitch, you’re going to…

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IMF flags risks in Nigeria’s planned  billion derivative deal with First Abu Dhabi Bank

The International Monetary Fund (IMF) has flagged potential risks in Nigeria’s move to secure a $5 billion swap deal with the UAE-based First Abu Dhabi Bank, noting the complexity and the lack of transparency that often characterise such contracts. “Our view is that the transactions in these types of structures carry risks,” IMF’s resident representative in Nigeria, Christian Ebeke, said at a virtual briefing on the IMF’s 2026 Article IV Consultation Report on Nigeria on Tuesday. “Usually, they are opaque⁠, so the terms are not always very transparent when we reviewed these instruments across countries,” he went on to say.…

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PREMIUM TIMES’ business & economy editor selected for global energy programme

PREMIUM TIMES’ business and economy editor, Oladeinde Olawoyin, has been selected for the International Atomic Energy Agency (IAEA) programme in Vienna, Austria. Mr Olawoyin was selected alongside a cohort of leading energy editors/correspondents from across the world. The agency said the programme will explore key areas of the IAEA’s work in light of growing global interest in nuclear power. It will also cover nuclear science and technology in sectors such as food, power, environment, industry, agriculture, finance, and others. The programme brings together leading and esteemed journalists worldwide and will include field visits, travel, press conferences, discussions with IAEA experts,…

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The abduction Nigeria chose to ignore, By Zainab Suleiman Okino

In a conversation on the now-ubiquitous insecurity involving the abduction of schoolchildren, I asked an acquaintance what she knew about the abduction of 42 pupils from Primary and Junior Secondary Schools in Mussa, Askira-Uba Local Government Area of Borno State, by alleged Boko Haram/ISWAP terrorists. She told me outright she had never heard of it. Three weeks later! Among some of the abductees were toddlers between two and four years old. The abduction took place on the same day as the horrific kidnapping of children from the Esiele/Yawota communities in Oriire Local Government Area of Oyo State, and the subsequent…

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Falana, others set June 12 for nationwide protests over insecurity, hardship

A coalition of civil society organisations, trade unions, youth groups, community associations, social movements and faith-based groups has declared June 12 a day of nationwide protest and mass action against “worsening insecurity, escalating economic hardship and the continuous deterioration of the living conditions of millions of Nigerians.” The declaration was contained in a statement on Wednesday, jointly signed by the National Chairman of the Alliance on Surviving COVID-19 and Beyond, Femi Falana (SAN); National President of the Committee for the Defence of Human Rights, Yinka Folarin; and Hassan Soweto of the Organising Committee of the #EndBadGovernance Movement, Lagos State. Other…

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