Author: News Room

Stocks closed higher on Tuesday as the Nigerian Exchange reversed losses from the previous session, with market capitalisation rising by N93.48bn to N106.44tn from N106.34tn on Monday. The All-Share Index also edged up by 144.33 points, or 0.09 per cent, to close at 166,256.83 points, compared with 166,112.50 points in the prior session, reflecting renewed investor interest in select equities. Trading activity improved in both volume and value terms, although the deal count declined. A total of 795.46 million shares valued at N19.98bn were exchanged in 45,390 deals, representing a 26 per cent increase in volume and a 35 per…

Champions League titleholders Paris Saint-Germain lost 2-1 at Sporting Lisbon on Tuesday to jeopardise their chances of a top eight finish and direct qualification for the last-16. Luis Suarez scored twice for Sporting in the second half, sealing victory with a 90th-minute header after substitute Khvicha Kvaratskhelia had equalised for PSG. Following victories for Real Madrid and Tottenham, PSG with 13 points have dropped to fifth place provisionally before Wednesday’s matches – closely followed by Sporting. Their home game against Newcastle in eight days will determine whether the Parisians avoid the two-legged playoff in February. Despite being largely dominant PSG…

The Minister of Education, Dr Maruf Alausa, has called for a comprehensive transformation of Nigeria’s polytechnic education, emphasising innovation, good governance, and sustainability as key drivers for national development. His made the call during a retreat organised by the Conference of Heads of Polytechnics, Colleges of Education, and similar institutions for council chairmen, commissioners of education, rectors, registrars, and bursars on Wednesday in Abuja. Speaking on the theme, ‘Transforming Polytechnic Education in Nigeria: Innovation, Good Governance and Sustainability for National Development’, the minister said, “Polytechnics are not mere institutions; they are the crucibles where innovation meets practicality, where skills forge…

On a blustery afternoon late last year, on the lawn just outside City Hall in Rowlett, Texas, a strange-looking craft cleared the trees just before me. It hovered overhead for a moment before lowering a second craft on a thin rope all the way to a parched patch of grass. The little, white thing deposited a brown paper payload, then rode its tether back up to its waiting mothership, which turned and left. The experience lasted less than 30 seconds.This wasn’t some UFO experience. This was a Zipline drone delivery, out in the real world, and that payload was my…

Spot Bitcoin and Ether exchange-traded funds (ETFs) faced heavy outflow on Tuesday, as macroeconomic and geopolitical uncertainty continue to weigh on markets. Spot Bitcoin (BTC) ETFs recorded $483.4 million in daily outflows, with the Grayscale Bitcoin Trust ETF (GBTC) leading the selling at $160.8 million, followed by Fidelity Wise Origin Bitcoin Fund (FBTC) at $152 million, according to data from SoSoValue. Spot Ether (ETH) ETFs posted $230 million in net outflows, ending a five-day streak of positive flows, with BlackRock’s ETHA seeing $92.3 million exit. Spot XRP (XRP) ETFs also registered their largest single-day outflow yet at $53.3 million, while…

UPDATE — 1/21/26 1:45 a.m. ET: Timothy Busfield was released from police custody as he awaits trial on alleged child sex abuse charges. Per police records obtained by Us Weekly in the early hours of Wednesday, January 21, Busfield was released the previous day. A report by People, published in light of the news, included a statement from Busfield’s civil attorney, Larry Stein, that described Busfield as feeling “wonderful” after his release. “He can reunite with Melissa [Gilbert, his wife],” Stein told the outlet, noting that Gilbert is “very, very excited.” Original story below. Timothy Busfield will be released from…

The Ogun State Government has ordered the immediate suspension of the ongoing process to select a new Awujale of Ijebuland, citing security concerns and the need to maintain public order. This is the second time the state government has halted the selection process since December 2025. The Ogun Sate govenrment cancelled the initial process via a letter dated 11 December 2025, citing procedural errors and potential violations of statutory law. The fresh directive to again suspend the selection process was contained in a letter dated 20 January, issued by the Ministry of Local Government and Chieftaincy Affairs and signed by…

NAHCON Chairman, Professor Abdullahi Usman. In the end, this story is about faith meeting responsibility, and leadership meeting compassion. It reassures Nigerians that their pilgrimage is in capable hands — and that when leadership truly understands its purpose, administration becomes service, and service becomes a blessing. There are moments when leadership transcends office and becomes a moral commitment. In public service, such moments are rare — but unmistakable when they occur. The recent pre-Hajj visit of Professor Abdullahi Saleh Usman, chairman and chief executive officer of the National Hajj Commission of Nigeria (NAHCON), to Saudi Arabia ahead of the 2026…

A former Special Adviser on Political Matters to Former President Muhammadu Buhari, Babafemi Ojudu, has condemned recent claims by singer Ayodeji “Wizkid” Balogun that he is superior to Afrobeat pioneer Fela Anikulapo-Kuti, calling for the music star to be ignored. PREMIUM TIMES reported that an online feud between the ‘Ojuelgba’ crooner and one of Fela’s sons, Seun Kuti, led to Wizkid saying he is greater than the Afrobeat legend, and asking Seun what he would do about it The online dispute between Wizkid and Seun began after members of Wizkid FC described the singer as a “modern-day Fela”, while Seun…

The Emir of Kano, Muhammadu Sanusi II, has commenced lectures at Northwest University, Kano, after enrolling as a 200-level law student. DAILY POST reports that the monarch joined other undergraduates for classes on Tuesday, dressed in a black flowing outfit and a white turban. His attendance in class comes a few weeks after the university offered him special admission into its Bachelor of Laws, LL.B, programme in Common and Sharia Law. The institution explained that the admission was granted in recognition of his vast experience in governance, economics and public service. DAILY POST reports that the Northwest University, which was…