Author: News Room
I make no apology for the loyalty I had for this man, in his life and in his passing. It has become fashionable in Nigerian public discourse to treat loyalty as naivety, and betrayal as sophistication. I reject that inversion. I believe “it is better to be hanged for loyalty than to be rewarded for betrayal”. Akeredolu extended trust to me without reservation; the least I owe his memory is an unflinching account of who he was and what he stood for, offered without the hedging that so often passes for balance. Today, 21 July, marks what would have been…
The Imole Campaign Council, the group leading the re-election campaign of Osun State Governor, Ademola Adeleke, has urged the Independent National Electoral Commission to avoid the lapses witnessed during some recently conducted off-cycle elections. Addressing journalists in Osogbo on Monday, the Director-General of the campaign council, Lere Oyewumi, alleged that during off-cycle and by-elections in Ogun, Oyo, Jigawa and Ekiti states, individuals suspected to be mercenary voters were issued Permanent Voter Cards shortly before voting. Oyewumi, who also raised concerns over the deployment of insufficient ballot papers and other sensitive materials, alleged that already thumb-printed ballot papers were distributed during…
Celsius co-founders Shlomi Daniel Leon and Hanoch “Nuke” Goldstein have been ordered to pay over $6 million to settle Federal Trade Commission charges alleging they misrepresented the safety of the Celsius platform before the company collapsed. Goldstein, Celsius’ former chief technology officer, was ordered to pay $2.014 million under an order signed Monday by US District Judge Denise Cote. Leon, the firm’s former chief strategy officer, was ordered to pay $4.1 million under a separate order entered on June 29. The settlements extend the fallout from the 2022 collapse of Celsius beyond its former CEO Alex Mashinsky. The crypto lending platform, which…
An assistant principal who was previously named “Teacher of the Year” in Mississippi was arrested after she allegedly had sex with a student. Olivia Marie Smith was charged with sexual battery and enticement of a child to meet for sexual purposes, according to Action News 5. Smith previously worked as a teacher at Ocean Springs Middle School and she won the “Teacher of the Year” honor in 2022. She later started working as an assistant principal at Oak Park Elementary, where she was seemingly employed at the time of her arrest. Investigators with the Ocean Springs Police Department first learned…
The deputy spokesperson of the House of Representatives, Philip Agbese, has urged President Bola Tinubu to confer the Grand Commander of the Order of the Niger (GCON) national honour on Nigeria’s top military commanders, saying their leadership has contributed to recent security gains recorded in parts of the country. Mr Agbese made the appeal on Sunday in Abuja during the State of Affairs gathering, which brought together security experts, professionals and stakeholders to discuss national security issues. The lawmaker, who represents Ado/Okpokwu/Ogbadibo Federal Constituency of Benue State, said the successful rescue of abducted pupils and teachers in Oyo State and…
Nigeria’s fixed-income market is offering investors something that has been scarce in recent years – real returns that outpace the inflation rate. When investment returns beat the inflation rate, investors gain, as the value of their money grows in purchasing power terms, not just in nominal value. This is exactly what the Federal Government bonds and treasury bills now offer investors. Headline inflation fell to 15.91 per cent in June 2026 from 15.93 per cent in May, halting three straight months of increases, according to the National Bureau of Statistics showed. The slight decline has been enough to push the…
VIETNAMVietnam goes after the little guysVietnam will fine retail crypto users up to $1900 if they trade on unlicensed overseas platforms such as Binance, OKX and Bybit, instead of on licensed local exchanges.There’s just one problem: Vietnam’s Finance Ministry has yet to issue any exchange licenses for its regulated digital asset market which is due to start on September 1. Five exchanges have been approved in principle however.Domestic investors who trade crypto that’s been designated exclusively for foreign investors can be fined up to $3800. Crypto companies providing or advertising services without a license, those who fail to properly ID…
Several former pageant queens have tragically died after winning their crowns. Kseniya Alexandrova won Miss Universe Russia in 2017, eight years before she died following a fatal car accident at the age of 30. “It is with deep sorrow that we announce that our colleague and friend, model Ksenia Alexandrova, passed away last night,” her modeling agency, Modus Vivendis, wrote in an August 2025 statement. “Ksenia was bright, talented and extraordinarily bright.” One month after Alexandrova’s death, the beauty pageant community experienced another loss when Jamaican beauty queen Tyra Spaulding died at 26 years old. Thank You! You have successfully…
The management of the University of Port Harcourt (UNIPORT) has suspended all Students’ Union Government (SUG) activities in the institution with immediate effect. The university also directed all elected student leaders to relinquish union property and prepare to appear before an investigative panel to account for their stewardship. The directive was contained in a memorandum signed by the Dean of Student Affairs, Geoffrey Woke, on the instruction of the newly appointed Vice-Chancellor, Princewill Chike. The memorandum, dated 19 July, announced the dissolution of the three arms of the Students’ Union, Hall Representatives and all other union-related activities. “I am directed…
Nigeria have retained their 26th position in the latest FIFA Men’s World Rankings released on Monday, but slipped to fourth place among African nations following Egypt’s impressive campaign at the 2026 World Cup, PUNCH Sports Extra reports. Eric Chelle’s side garnered 1,585.2 points to remain ahead of Turkey, Australia, Algeria, Canada and Ivory Coast, who occupy 27th, 28th, 29th, 30th and 31st positions respectively in the global standings. The Super Eagles have not featured in competitive action since June, when they suffered a two-one defeat to former European champions Portugal in an international friendly. Nigeria’s continental slide was triggered by…
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