Author: News Room

Six Nigerian companies admitted to FTSE’s 50 most liquid frontier market stocks

London-based FTSE Russell, which produces and markets stock market indices globally, has included 6 Nigerian stocks among its list of 50 most liquid frontier market stocks, according to a market disclosure dated 4 September. FTSE Frontier 50 Index, which monitors the performance of the 50 most liquid stocks from the 26 frontier markets covered by the organisation, admitted mega-cap Nigerian stocks including First HoldCo, Dangote Cement, MTN Nigeria, Aradel Holdings, Guaranty Trust Holding Company and Zenith Bank, the list seen by PREMIUM TIMES on Monday showed. The equities opened the week on Monday with market values of ₦6.8 trillion, ₦17.4…

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D’Tigress, battered by France, end World Cup campaign winless

Nigeria’s D’Tigress ended their 2026 FIBA Women’s Basketball World Cup campaign with a heavy 56-111 defeat to France on Monday, finishing the group stage without a win. France, one of the favourites for the tournament, dominated from the start and effectively settled the contest in the opening half, racing to a 65-26 lead at the break. D’Tigress managed just 13 points in each of the first three quarters, while France scored 31 in the first, 34 in the second and 30 in the third to establish an unassailable advantage. Nigeria showed some resistance in the final quarter, scoring 17 points…

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Shun anti-party activities, Plateau commissioner tells APC members

The Plateau State Commissioner for Transportation, Davou Jatau, has asked members of the All Progressives Congress in the state to shun anti-party activities, saying such actions will only weaken the party ahead of the 2027 general elections. The commissioner stated this on Monday when he led a team of government appointees from the Jos South Local Government Area on a familiarisation visit to the APC wards and districts in the council area. He urged party members to rally behind the policies and programmes of both the federal and state governments, pointing out what he described as visible achievements recorded by…

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EcoFlow makes the miniature power station even smaller

If you’re in the market for a tiny power station that punches well above its size and weight then have a look at EcoFlow’s new fourth-generation River series.The River 260 Gen4 features a 256Wh capacity battery while the 520 Gen4 packs in 512Wh — storing about 2.5x and 5x the energy of the largest airline-approved power banks, respectively. Better yet, the batteries are built using longer-lasting LFP chemistry that’s far less volatile. The River 260 Gen4 features four USB ports, and 300W of max continuous output delivered out its lone AC jack. The River 500 Gen4 features the same USB…

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13 Rich-Looking Burgundy Loafers for Fall

Us has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! If brown shoes feel like an obvious choice for fall, don’t worry. We’re seeing one standout shoe trend everywhere right now, and it’s a bit more interesting: burgundy loafers. The deep red hue has all the richness we want from an autumnal neutral, but with a subtle pop of color that makes even jeans and a sweater look more polished. There are plenty of ways to try the trend, too. We found 13 burgundy loafers in everything from buttery suede and…

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Wife cries out over whereabouts of husband abducted 16 months ago in Imo

Funmi Adetona, wife of Globacom employee Olaoluwa Adetona, has appealed to the telecommunications company, security agencies and other Nigerian authorities to step up efforts to find her husband. Mr Adetona, a roll-out manager at the Globacom company, was abducted at about 12:30 p.m. on 6 May 2025, while returning from an official assignment in Umuaka, Njaba Local Government Area of Imo State. The family said the 49-year-old was abducted when gunmen attacked him and two expatriates in the area. The two expatriates reportedly escaped during the attack, while the hoodlums took away Mr Adetona and his vehicle, a Toyota Hilux truck.…

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Why subsidy should never crawl back into Nigeria’s economic discourse, By Gboyega Nasir Isiaka

…reversing the removal of the subsidy would be a step in the wrong direction. It would restore the fiscal burden, revive the price differential that encouraged smuggling and arbitrage, and weaken incentives for efficient domestic refining. More fundamentally, it would address the immediate price of petrol, while leaving the structural weaknesses that produced the wider economic problem largely untouched.  I have followed with considerable interest the continuing debate over Nigeria’s economic reforms, particularly the arguments surrounding the removal of the petrol subsidy and the direction of economic policy under President Bola Ahmed Tinubu. Such debate is necessary. Government policy must…

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Ogunsakin fights back to secure first Grand Slam main-draw victory

Nigeria’s teenage tennis prospect Oluwaseun Ogunsakin has secured his first Grand Slam main-draw victory after defeating 15th seed Kuan-Shou Chen of Chinese Taipei in a thrilling three-set contest at the US Open Junior Tennis Championships. The 17-year-old Aurum Tennis Academy player fought back from losing the opening set to beat the world No. 16 junior 5-7, 6-3, 7-5 and advance to the second round. The victory marks the first time Ogunsakin has won a match in the main draw of a Grand Slam junior tournament. His breakthrough comes after an impressive qualifying campaign in New York, where he defeated Poland’s…

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Ekiti varsity pensioners appeal to Oyebanji over unpaid entitlements

Pensioners of the Bamidele Olumilua University of Education, Science and Technology, Ikere-Ekiti, have appealed to the Ekiti State Governor, Biodun Oyebanji, to urgently intervene in the payment of their outstanding pensions and other entitlements. Their umbrella body, BOUESTI Pensioners Association, said its members were facing severe hardship following the non-payment of their August 2026 pension, while 50 per cent of the July pension had not been paid. The association made the appeal in a letter dated September 7, 2026, made available in Ado Ekiti on Monday, signed by its Chairman, Dr Kola Ajaja, and Public Relations Officer, Alao Odeyemi, and…

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Celeste Rivas’ Family Supports Death Penalty for Singer D4vd

The family of Celeste Rivas said they are in support of singer D4vd facing the death penalty as he prepares to stand trial accused of her murder. “If the death penalty were activated, it would be perfect for this kind of human being, devoid of feelings and emptiness inside, and without conscience, who only caused pain to our daughter, our family, and the world that supports our precious daughter,” Rivas’ family said in a Sunday, September 6, statement to The California Post, issued one day before what would have been Rivas’ 16th birthday. The statement added, “But that’s not in…

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