Author: News Room

Trade surplus jumps 341% to N7.55tn – NBS

Nigeria recorded a sharp improvement in its merchandise trade balance in the first quarter of 2026 as exports rose and imports declined significantly, pushing the country’s trade surplus to N7.55tn. According to the National Bureau of Statistics’ Foreign Trade in Goods Statistics report released on Monday, total trade stood at N34.79tn in the review period, with exports accounting for N21.17tn and imports amounting to N13.62tn. The report showed that the trade balance remained positive at N7.55tn, representing a 340.88 per cent increase compared to the preceding quarter. “The merchandise trade balance for Q1 2026 remained positive at N7.55tn, indicating an…

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Why Teammates Call Me Mahrez

New Brighton & Hove Albion signing Zadok Yohanna has revealed that his former teammates in Nigeria compare him to Algerian star Riyad Mahrez because of his left-footed playing style, PUNCH Sports Extra reports. The 18-year-old midfielder, who joined AIK Stockholm from Ikon Allah FA in Kaduna last year, quickly caught the eye with a series of impressive performances, earning a move to Brighton after just one season in a deal worth €28m, with a further €2m in add-ons. The Seagulls secured the youngster on a five-year contract, making him the most expensive player ever sold from the Swedish Allsvenskan and…

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Russell Wilson’s Ups and Downs Over the Years

Russell Wilson is no stranger to headlines — both good and bad — since joining the NFL in 2012. During his eight-year stint playing for the Seattle Seahawks, Wilson went through a divorce, tied the knot with Ciara, won a Super Bowl and became a father of kids Sienna and Win. The quarterback was later traded to the Denver Broncos in March 2022. While Wilson and Ciara’s family was on a high when she gave birth to their daughter, Amora, in December 2023, Wilson’s career took a hit that same month as he was benched for the remainder of the…

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Nigeria needs stronger data system to achieve tn economy

The Speaker of the House of Representatives, Abbas Tajudeen, has said Nigeria’s aspiration to build a $1 trillion economy will remain difficult to achieve without a robust, credible and modern statistical system capable of providing accurate data for decision-making. Mr Tajudeen stated this on Monday at a public hearing on the Statistics Bill, 2025, held at the National Assembly in Abuja. The hearing comes as the National Assembly begins consultations on a proposed legislation aimed at overhauling Nigeria’s statistical framework and replacing the nearly two-decade-old Statistics Act of 2007. The public hearing was organised by the House Committee on National…

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EFCC’s bid to re-arraign three National Assembly officials over N337m fraud stalled

The Economic and Financial Crimes Commission, EFCC, on Monday, failed to proceed with the re-arraignment of three officials linked to the National Assembly over an alleged N337 million fraud case after one of the defendants challenged parts of the amended charges before the court. The defendants, Aishatu Bappa El-Nafaty, Director of Public Affairs in the Directorate of Special Duties and Parliamentary Security at the National Assembly; Mamud Alhaji Abubakar, a former Permanent Secretary in the National Assembly Service; and Igba Ityoakura Joseph, a Deputy Director of Procurement, were scheduled to be re-arraigned before Justice Muhammed Zubairu of the Federal Capital Territory High…

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‘Don’t repeat our mistake’ — Abure sends strong message to NDC over Peter Obi

Factional National Chairman of the Labour Party, Julius Abure, has cautioned the leadership of the Nigeria Democratic Congress, NDC, against what he described as conceding too much influence to former Anambra State Governor, Peter Obi and his supporters within the party. Abure made the remarks in a statement issued on June 8, 2026, while reacting to reports of disagreements over the allocation of elective positions within the NDC. According to the Labour Party chairman, the refusal of the NDC leadership, led by Senator Seriake Dickson, to grant all political positions sought by Obi’s supporters was a decision he described as necessary…

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Police confirm soldier’s death, dispel bandit attack in Ogun

Ogun State police command has confirmed the death of a yet to be identified solider during a criminal attack at a sand miner, popularly called Capo in Magbon Etido area of Mowe/Ibafo axis in the Obafemi-Owode Local Government Area of the State. The command’s spokesperson, DSP Oluseyi Babaseyi made this known in a statement made available to newsmen on Monday. DAILY POST learnt that the gunmen suspected to be kidnappers had stormed the dredging site in the early hours of Monday. According to eyewitnesses, one of the military personnel protecting the people was killed, while another sustained gunshot injuries. In a viral video…

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EPL: ‘He would be gold’ – Neville names Chelsea player Man Utd sign for Carrick

Manchester United legend, Gary Neville, believes Chelsea’s Cole Palmer would be gold for the Red Devils if they sign him for their manager, Michael Carrick. Neville, however, admitted that he doesn’t expect the 24-year-old to leave Chelsea this summer. Palmer was heavily linked with a move away from the Blues towards the end of last season. The 24-year-old struggled with form and fitness last season as he was dropped from England’s World Cup squad by manager Thomas Tuchel due to inconsistent performances for Chelsea. “When Manchester United signed Bryan Robson, Ron Atkinson said something along the lines of ‘this is…

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Delta gov mourns victims of Warri-Itakpe train derailment

Delta State Governor, Sheriff Oborevwori, has expressed grief over the train derailment in Agbor, Ika South Local Government Area, which claimed four lives and left several passengers injured. Oborevwori described the incident as tragic and heartbreaking, saying the loss of lives was a painful blow to the affected families and the state. In a statement issued on Monday by his Chief Press Secretary, Festus Ahon, the governor sympathised with the families of the deceased and wished the injured a speedy recovery. He said the state government had immediately activated emergency response measures to support victims and coordinate rescue efforts. The…

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Three arrested over British-Nigerian singer Mark Orabiyi’s m

The United Kingdom Metropolitan Police has confirmed the arrest of three suspects in connection with the stabbing to death of a British-Nigerian singer, Mark Orabiyi, in the garden of a property in nearby Rayleigh Road. PUNCH Metro learnt from a statement obtained on the Met Police website on Monday that the incident happened on Friday. The police said upon receiving information, detectives stormed the crime scene and found Orabiyi with stab wounds, but despite the efforts of paramedics, he was pronounced dead at the scene. “Officers attended with the London Ambulance Service and found a 35-year-old man with stab wounds…

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