Author: News Room

The campaign council of the Osun State All Progressives Congress has called on security agencies to investigate the violent disturbances witnessed across Osogbo and attacks on its members in some parts of the state. Addressing journalists in Osogbo on Wednesday, the Director-General of the APC Campaign Council, Mr Oluwole Oke, accused Governor Ademola Adeleke of being complicit in attacks on opposition party members in Ile-Ife and Owode-Ede. He also alleged that the governor was harbouring hoodlums behind various security breaches experienced in the state lately. In a swift reaction, the Imole Campaign Council, the group leading Governor Adeleke’s re-election campaign,…

Nigeria is experiencing a rise in cyberattacks driven largely by preventable security lapses rather than advanced hacking techniques, according to a cybersecurity advisory by Digital Encode Limited. The firm warned that recent breaches affecting financial institutions, fintech companies, government agencies and other organisations are increasingly linked to weak configurations, exposed systems and poor credential management. It said cyber threat actors are exploiting misconfigured cloud services, unsecured databases, exposed application programming interfaces, leaked credentials and publicly accessible storage systems. According to the advisory, many of the compromised systems were exposed through basic operational weaknesses such as hardcoded API keys, weak authentication…

In the blog post, Smith takes a conciliatory tone: Of course young people are reacting this way. It’s the wake-up call for the adults in the room!“Graduating students who grimace or even boo at references to AI are telling us what we need to hear, that it’s time once again to raise the bar,” Smith writes. “That has been a frequent refrain from students for decades. The key is always to channel uncertainty into purposeful steps that build a better future.”But in substance, the blog post is similar to the line of reasoning that have elicited the boos in the…

Anchorage Digital, a federally chartered crypto bank and stablecoin infrastructure provider, has submitted a public comment letter supporting the US Treasury Department’s proposed Anti-Money Laundering (AML) and sanctions framework for the GENIUS Act, arguing that the rules largely strike the right balance between compliance and innovation.In a letter published Wednesday, Anchorage said the proposed framework appropriately places AML obligations on regulated stablecoin issuers while urging Treasury to clarify secondary-market sanctions liability, enterprise-wide AML programs and correspondent account requirements.Specifically, Anchorage argued that issuers should not face strict liability for failing to independently identify sanctioned users who transact on secondary markets through…

More than 30 years after first suiting up as Buzz Lightyear, Tim Allen is still finding new adventures. This summer, the actor returns as the beloved Space Ranger in Toy Story 5, the latest chapter in a franchise that has become a touchstone for generations of families. Looking back, Allen is struck by the enduring success of the Pixar phenomenon, which premiered in 1995 as the world’s first fully computer-animated feature film. “It’s an amazing part of my life,” the 73-year-old actor tells Us Weekly. “Buzz has become such a part of me, and vice versa.” In part five, Buzz,…

A bill seeking to increase the number of judges of the Federal High Court from 70 to 90 has passed second reading in the Senate. Another bill seeking to increase the number of justices of the Court of Appeal from 70 to 110 also passed second reading. The bills, sponsored separately by the Senate Leader, Opeyemi Bamidele, were passed during Wednesday’s plenary session. The Senate President, Godswill Akpabio, announced the passage of the bills after a majority of senators supported them through separate voting sessions. After the passage, the bills were referred to the Senate Committee on Judiciary, Human Rights,…

Stanbic IBTC Holdings Plc has disclaimed responsibility for social media advertisements, asking the public to join WhatsApp groups that purportedly offer them investment opportunities with “guaranteed returns” in “high-quality stocks.” The financial services group disclosed in a regulatory filing on Wednesday that such advertisements are fraudulent, false and unauthorised. The announcement followed the circulation of social media posts featuring the image of Busola Jejelowo, the CEO of Stanbic IBTC Asset Management Limited, together with the Stanbic IBTC Stockbrokers logo. “They do not originate from Stanbic IBTC Holdings PLC or any of its subsidiaries, and they have not been approved, endorsed,…

The Senate on Tuesday passed the Factoring, Assignments and Receivables Financing Bill, 2026, a landmark legislation designed to improve access to finance for businesses, enhance liquidity and promote domestic and international trade. The bill, which scaled third reading during plenary, seeks to establish a comprehensive legal framework for receivables financing, a system that allows businesses to convert unpaid invoices into immediate cash by selling them to financiers at a discount. Lawmakers considered and adopted the bill in the Committee of the Whole before its final passage. Leading debate on the legislation, Senate Leader, Senator Opeyemi Bamidele, moved the motion for…

Officers of the Akwa Ibom State Police Command have arrested a suspected drug baron, one Ofonime Etim, after dismantling a notorious drug bunk in a renewed offensive against criminal elements in the state. A statement issued by the Public Relations Officer of the command, DSP Timfon John, in Uyo on Wednesday, said the suspect was arrested  in Ikot Ebom Itam, Itu Local Government Area of the state while stolen property including assorted drugs were recovered in the operation. According to John, the operatives acting on intelligence conducted a coordinated intelligence-led operation, targeting a criminal enclave suspected to have been a…

A chieftain of the All Progressives Congress in Ogun State and Convener of the Ogun West Initiative, Bolaji Adeniji, has downplayed the resignation of former Senator Iyabo Obasanjo from the ruling party. Adeniji described her departure as having no impact on the APC’s prospects in the 2027 governorship election. Speaking during a media briefing in Abeokuta on Wednesday, Adeniji said the exit of the former lawmaker would not affect the chances of the party’s governorship candidate, Senator Solomon Olamilekan Adeola, popularly known as Yayi. Iyabo Obasanjo recently resigned from the APC after failing to secure the party’s governorship ticket. She…