Author: News Room

Quest Merchant Bank Limited has strengthened its market position following GCR Ratings’ affirmation of the bank’s national scale issuer ratings of BBB(NG) and A3(NG), alongside an outlook revision to stable from rating watch negative. The ratings action marks a significant milestone for Quest Merchant Bank following a transformative period for the institution, reflecting renewed confidence in the bank’s financial strength, market positioning, liquidity profile and future growth trajectory. According to GCR, the revised stable outlook is anchored on Quest Merchant Bank’s sound risk profile, improved capitalisation and strong liquidity, alongside the successful transition of the bank’s ownership structure following its…

Former Nigerian sprinter Olusoji Fasuba has praised Auburn athlete Kayinsola Ajayi after the youngster set a new Nigerian record in the men’s 100m, hailing the 21-year-old’s steady progression from the junior ranks to the senior level, PUNCH Sports Extra reports. Ajayi broke Fasuba’s 20-year-old national record with a world-leading time of 9.84 seconds at the NCAA East Regional Championships last Friday and also secured qualification for the NCAA Championships. Fasuba’s 9.85-second mark, which was also the African record at the time, was set at the Doha Grand Prix in May 2006. The continental record is now held by Kenya’s Ferdinand…

The US Commodity Futures Trading Commission has rescinded a long-standing policy that prevented it from accepting a lawsuit settlement if the defendant denied the agency’s allegations.The CFTC said on Wednesday that it scrapped the policy, first adopted in 1998, because it “may have created an incorrect impression that the Commission is trying to shield itself from criticism.”The language was similar to that provided by the US Securities and Exchange Commission when it rescinded a similar policy in May. “For nearly three decades, the Commission has refused to settle cases unless the defendant promised not to publicly deny the Commission’s allegations,” CFTC…

Clavicular is apparently out to prove that seeing really is believing. The controversial “looksmaxxing” influencer — real name Braden Peter — is raising eyebrows once again after he decided to livestream his rhinoplasty for curious fans and devoted followers. Peters, 20, headed to the office of Dr. Michael Salzhauer — better known online as Dr. Miami — on Wednesday, June 3, to undergo the nose job. While the procedure lasted approximately two hours, viewers were able to watch the entire livestream on the platform Kick for just under five hours. “This content is for mature viewers only,” a message read…

The adoption of former President Goodluck Jonathan as the presidential candidate of the Taminu Turaki faction of the opposition Peoples Democratic Party (PDP) has become one of the major issues in Nigeria’s evolving 2027 political conversation. “The party had already given our presidential aspirant the waiver. Like I said in the beginning, he was deputy governor, became governor, became vice president, became president, so we didn’t see anything that needed screening; and therefore, the party had given him a waiver. In other words, he had been declared and cleared as the candidate of the PDP for the presidential election, and…

The forgery and impersonation trial of Abuja-based lawyer Victor Giwa was stalled on Wednesday after his lawyer left the courtroom before the judge arrived, forcing the court to adjourn proceedings. Giwa and his co-defendant, Ibitade Bukola, are being tried before Justice Jude Onwuegbuzie of the Federal Capital Territory High Court in Apo over allegations of forging official documents and impersonating Senior Advocate of Nigeria Awa Kalu. During the hearing, prosecutor Wisdom Madaki, who appeared for the Inspector-General of Police’s legal team, told the court that Giwa’s lawyer, Farooq Akanbi, had been in court but left before the case was called, leaving the…

Nicholas Msheliza, Chairman of the African Democratic Congress Adamawa Primary Electoral Committee, has alleged that the Secretary to the Government of the Federation, Babachir Lawal, was the one who attempted to rig the state’s ADC presidential primary.  He made the allegations in a statement on Wednesday.  This counter-allegation follows earlier claims by Lawal that former President Atiku Abubakar rigged himself to victory in last month’s ADC presidential primary.  Recall that Atiku emerged as the presidential candidate of ADC; however, Lawal described the primary as flawed in his remark while resigning from the opposition party.  Reacting, Msheliza said Lawal, in the past days,…

Newcastle United have joined Brighton & Hove Albion in the race to sign highly-rated AIK youngster Zadok Yohanna, DAILY POST reports. Brighton emerged favourites to sign the Nigerian after submitting a €23m bid last weekend. However, Newcastle United have now tabled a bid worth €24 million for the youngster. According to reports, AIK are now negotiating with both Brighton and Newcastle over a deal for Yohanna. The winger has made a big impact in the Swedish top-flight this season after breaking into the first team. The 18-year-old has scored two goals and registered three assists in seven league appearances for…

Former Sokoto State Governor, Aminu Tambuwal, and the African Democratic Congress governorship candidate in the state for the 2027 election, Manir Dan’iya, have called for security interventions, following bandit attacks in the state. Barely 48 hours after a bandit raid claimed 17 lives in the Dan Gulbi community of Tureta Local Government Area, the village came under another attack on Tuesday, with residents reporting that more than 20 people may have been killed and several houses were razed. Residents said heavily armed bandits riding motorcycles stormed the community at about 8:00 a.m., firing indiscriminately and forcing villagers to flee. “They…

The Abia State Police Command says it has arrested 17 suspected cultists, warning that there is no place for cultism and other crimes in the state. The state Commissioner of Police, Danladi Isa, made the disclosure and issued the warning in a statement released on Wednesday through the Police Public Relations Officer, DSP Maureen Chinaka. According to the statement, the suspects are all males aged between 18 and 28 years. PUNCH Metro learnt from the statement that the exhibits recovered include “five short guns, three live ammunition, 13 mobile phones of different makes, two cutlasses, one axe, and one black…