Author: News Room

Tinubu appoints Fayose, 25 others into top positions

President Bola Ahmed Tinubu has announced 26 new appointments into 10 Federal Government agencies and commissions, with former governor of Ekiti State, Ayo Fayose, emerging as chairman of the Rural Electrification Agency (REA), and Major General Junaid Bindawa as chairman of the National Salaries, Incomes and Wages Commission. Mr Fayose heads the board of REA, with Ahmadu Abubakar and Ilyasu Makinta appointed as members and non-executive directors. The incumbent DG of the agency, Abba Aliyu, and three executive directors previously appointed make up the remaining board members. President Tinubu made eight other appointments to the Wages Commission, along with Mr…

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FCCPC resumes digital lending regulations as court upholds powers

The Federal Competition and Consumer Protection Commission (FCCPC) has resumed implementation and enforcement of its Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations, 2025, following a Federal High Court’s affirmation of its authority to regulate Nigeria’s digital lending sector. The commission announced the development in a statement on Monday, saying the decision followed a judgment delivered by Justice A.L. Allagoa of the Federal High Court in Lagos in Suit No. FHC/L/CS/760/2026, filed by the Wireless Application Service Providers Association of Nigeria Ltd/Gte (WASPAN). According to the FCCPC, the court dismissed the plaintiff’s originating summons in its entirety, rejected all the…

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We’ll talk to everybody, including terrorists, to end insecurity — Kwankwaso

The running mate to the Nigeria Democratic Congress presidential candidate, Peter Obi, Rabiu Kwankwaso,says their administration will be open to dialogue with terrorists and other criminal elements if elected into office in 2027. He said this would be part of a broader strategy to discourage the perpetrators from further attacks and end Nigeria’s worsening insecurity. Kwankwaso stated this during an interview on Channels Television on Monday, where he spoke on how their administration would tackle insecurity across the country. He said residents of communities affected by insecurity often already knew the identities and whereabouts of those behind the attacks in…

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The PlayStation replica ornament is an homage to a great, yet fragile console

You probably know the signature PlayStation boot sound. Did you know that it’s technically a multi-part chime? There’s the synthy section where “Sony Computer Entertainment” shows onscreen with a white background. You only get to the next screen with the echo-y chimes and the color-filled PlayStation logo if your console recognizes the disc. How badly I wanted my sorta-broken console to get to that second screen.My console’s disc spindle came apart pretty early into me owning it. As an eight-year-old kid, fixing the spindle was the riskiest undertaking of my life yet. The internet wasn’t really a haven for how-tos…

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SEC Targets Mining Automatic in Alleged M Fraud Case

The US Securities and Exchange Commission (SEC) has sued crypto mining investment business Mining Automatic and its founder, Zan Shaikh, alleging they raised $22 million from investors while spending only about 13% of the funds on mining operations.Mining Automatic was operated by Massachusetts-based Bright Vision Distribution LLC, which the SEC said raised the money from more than 380 investors between June 2023 and May 2025.The company allegedly promised guaranteed monthly returns from crypto asset mining despite operating a business that could not generate the advertised payouts. The SEC said investor money was instead used for marketing, personal expenses and unrelated…

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How Big Brother’s Rachel Reilly Is Preparing for Survivor

After competing on Big Brother and The Amazing Race, Rachel Reilly now has her eyes set on another CBS reality show. “Yes, I would love to do Survivor,” Rachel, 41, exclusively shared with Us. “That’s, like, oh my gosh, my dream. I talk about it all the time with my husband Brendon [Villegas].” Both Rachel and Brendon, 46, competed on season 12 of Big Brother in 2010. Although they came into the game as complete strangers, they fell in love while filming and are now married with two kids. “Brendon is in the process of teaching me how to get…

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NAFDAC blacklists Onifam Laboratories over regulatory violations

The National Agency for Food and Drug Administration and Control (NAFDAC) has blacklisted Onifam Laboratories Ltd. following investigations that revealed regulatory misrepresentation and other violations that could compromise public health. The agency’s Director-General, Mojisola Adeyeye, announced the decision on Monday during a news briefing at NAFDAC’s Investigation and Enforcement Directorate in Apapa, Lagos. Represented by the agency’s Director of Investigation and Enforcement, Martins Iluyomade, Ms Adeyeye said investigations revealed that the company engaged in regulatory misrepresentation, including the improper use of approvals and certificates, as well as activities that undermined product traceability, accountability and the integrity of the country’s medicines…

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Naira depreciation, not fresh borrowing, drove debt surge — Oyedele

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said much of the increase in Nigeria’s public debt since the current administration assumed office resulted from exchange-rate depreciation and accounting adjustments rather than extensive new borrowing. Mr Oyedele spoke on Monday while briefing the Senate Committee on Finance on the state of the economy, in response to concerns by lawmakers over the country’s rising debt profile. His remarks followed questions from Senator Adamu Aliero (Kebbi Central), who referred to claims that the President Bola Tinubu administration had borrowed about ₦80 trillion in addition to the approximately…

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NAFDAC intercepts two tankers meant for edible vegetable oil conveying diesel in Lagos

The National Agency for Food and Drug Administration and Control (NAFDAC) has intercepted two tankers designated to transport edible vegetable oil after they were found carrying Automotive Gas Oil (diesel) in Lagos. Speaking to journalists on Monday, the agency’s Director of Investigation and Enforcement, Martins Iluyomade, described the incident as a serious breach of food safety regulations and a potential threat to public health. Mr Iluyomade said the discovery was made during a recent enforcement operation in Lagos. He said the agency investigation revealed that the two tankers, meant exclusively for edible vegetable oil, had been loaded with diesel in…

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Jigawa boat accident: Eight bodies recovered, nine still missing

Twenty-three victims have been rescued alive, while eight bodies have been recovered from a boat mishap in Jigawa State involving 40 passengers, as search and rescue operations continue for the remaining nine people still missing. The incident occurred at about 4:30 p.m. on Sunday when a local boat conveying 40 passengers, mostly female farmers and labourers, capsized while crossing a waterway at Malamawar-Yan Dutse in Ringim Local Government Area of Jigawa State, leaving many trapped in the water. Boat accidents have remained a recurring tragedy in riverine communities across northern Nigeria, particularly during the rainy season. They are often attributed…

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