Author: News Room

The wife of the Speaker of the House of Representatives, Fatima Abbas, has urged the 10th National Assembly to ensure the passage of the Constitution Alteration Bill seeking to create special reserved seats for women, describing it as a critical reform needed to deepen Nigeria’s democracy and promote inclusive governance. Mrs Abbas made the appeal on Wednesday during the National Dialogue on the Electoral College Model for the Special Seats Bill, held as part of activities marking the 2026 National Assembly Open Week in Abuja. She said the proposed constitutional amendment would address the persistent underrepresentation of women in elective…

The Corporate Affairs Commission (CAC) has commenced another round of striking off companies from Nigeria’s register of incorporated entities, placing 100,000 companies at risk of deregistration over failure to meet statutory filing obligations. In a public notice issued Wednesday, the commission said the exercise, tagged Batch Six, affects 100,000 companies whose names have been published on its website. “The affected One Hundred Thousand (100,000) companies can be accessed at the Commission’s website,” CAC stated. In February, CAC said that it struck off more than 400,000 companies from Nigeria’s corporate register in 2025 over inactivity and non-compliance with regulatory requirements. It…

Super Falcons defender Shukurat Oladipo has committed her long-term future to Italian giants AS Roma after signing a contract extension that will keep her at the club until 30 June 2029. The Giallorossi confirmed the agreement in an official statement, rewarding the Nigerian centre-back for an impressive debut spell in the Italian capital. “AS Roma are delighted to announce that Shukurat Oladipo has extended her contract with the club until 30 June 2029,” the statement read. Oladipo joined Roma in February 2025 and has quickly established herself as an integral member of the squad, making 32 appearances across all competitions…

The Central Bank of Nigeria is highly likely to raise its benchmark interest rate, the Monetary Policy Rate, during the second half of 2026 as liquidity pressures build ahead of the 2027 general elections. This warning was issued on Wednesday by renowned capital market economist Prof Uche Uwaleke during the Arthur Steven Asset Management mid-year review webinar titled “Mid-Year Macroeconomic Review & Outlook for H2 2026”. Uwaleke highlighted that historical data points towards a surge in liquidity during the penultimate year leading up to national elections, which typically forces the central bank’s hand. He said, “The year 2026 is a…

An AppleCare Plus subscription for a Mac or iPad will cost more soon, with prices going up by $0.50 per month or $5 per year for new sign-ups while remaining the same for existing subscribers, according to Bloomberg’s Mark Gurman. Gurman says that under the new AppleCare Plus pricing, “a plan for a new 13-inch MacBook Air increased to $7.99 from $7.49, or to $79.99 from $74.99 annually,” following a move last year that similarly raised the plan’s price on iPhones. We haven’t seen the new pricing reflected on Apple’s site in the US or terms of service yet, and…

The Czech Finance Ministry added Polymarket to its list of unauthorized online gambling websites on Monday, requiring internet service providers (ISP) to block access. The ministry listed the prediction market’s website under the country’s Gambling Act, which prohibits operators from offering unlicensed online gambling services to Czech users.Under the Gambling Act, ISPs must block access to websites included on the ministry’s blacklist within 15 days of publication of the name.Polymarket is a prediction market where users trade contracts tied to the outcomes of future events. The platform gained global attention during the 2024 US presidential election, with its markets widely…

A new investigation revealed that the University of Michigan allegedly knew about former head coach Sherrone Moore’s relationship with staff member Paige Shiver for more than a year before Moore was terminated.  Michigan athletic director Warde Manuel wrote a handwritten note about Moore, 40, and Shiver, 32, in August 2024, two days before Moore’s first game as head coach, according to a report by the Wall Street Journal published on Tuesday, July 14.  “I told him I didn’t remember if we had already discussed, but that she couldn’t accompany him on trips,” Manuel, 58, allegedly wrote.  The report alleged that…

The Lagos State Government has defended the ongoing land reclamation at the Makoko waterfront near the Third Mainland Bridge, insisting that the project received all required approvals from it and the federal government before work commenced. The Commissioner for Waterfront Infrastructure Development, Dayo Alebiosu, clarified on Wednesday during Morning Brief, a Channels Television programme, according to a statement shared on Wednesday by the ministry. Mr Alebiosu stated that the reclamation project, located around the Ebute Meta/Lagos Island interchange, is being executed by FBT Coral, a private developer that complied with all statutory requirements before commencing work. “The reclamation work you…

Airtel Africa secured a key legal authorisation from a UK court for a capital reduction aimed at beefing up its distributable reserves for future shareholder returns, the London-based company announced Wednesday. The approval sets Africa’s second-biggest mobile operator on the last rung of the process, having cleared the hurdle of winning shareholders’ support for the move at its annual general meeting last week. The capital reduction entails cancelling Airtel Africa’s capital redemption reserve to boost distributable reserves, which are vital to the corporation’s prospects of delivering future rewards to shareholders. That can be anything from dividends to distributions and buybacks…

Defending champions Argentina struck twice in the closing minutes to beat England 2-1 on Wednesday and book their place in the final of the 2026 FIFA World Cup. Lionel Scaloni’s side looked to be heading for defeat after Anthony Gordon gave England the lead early in the second half, but late goals from Enzo Fernández and substitute Lautaro Martínez completed a dramatic comeback and kept Argentina’s title defence alive. Argentina will now face Spain in Sunday’s final in what promises to be a blockbuster clash between the South American champions and the reigning European champions. The semi-final at MetLife Stadium…