Author: News Room

It was a quiet Tuesday, May 26, 2026, evening in Lagos when my wife, a primary school teacher in the Lagos State public school system, calmly informed me that she would not be travelling to Ijebu Ode for this year’s Ojude Oba festival. Usually, the annual celebration is a remarkable display of Yoruba culture, colour, and heritage that attracts thousands of Nigerians from across the world. This time, however, her decision was shaped by fear rather than inconvenience, such as finance, logistics, or the family’s inability to get festive clothes. A few days earlier, she had watched reports about the…

The Nigerian Electricity Regulatory Commission has commenced the implementation of the Net Billing Regulations 2026, creating a framework that will allow eligible electricity consumers with renewable energy systems, particularly solar installations, to generate electricity for their own use and sell surplus power to electricity distribution companies. The development is expected to accelerate the adoption of renewable energy technologies across the country, encourage private sector investment in power generation, and provide an additional source of electricity supply to the distribution network. In a public notice titled “Commencement of the Net Billing Regulations 2026” and released on Wednesday, the commission notified electricity…

Female Yellow Greens captain Favour Eseigbe has returned to the squad after almost a year out as the team begin the final phase of their preparations for the 2026 Kwibuka Tournament in Rwanda, PUNCH Sports Extra reports. Head coach Theophilus Ibodeme recalled Eseigbe to his final 14-player squad for this year’s tournament, which will be held from June 10 to 20 at the Gahanga Cricket Oval in Kigali. Eseigbe, who took over as captain from the retired Blessing Etim in 2024, last featured for Nigeria at the 2025 Kwibuka tournament. She was surprisingly dropped from the team in August 2025…

Binance disclosed a revenue-sharing arrangement with custodian and brokerage infrastructure API provider Alpaca, which has become a major infrastructure provider in the custody of tokenized US stocks and exchange-traded funds (ETFs).Under Binance Securities Trading Terms published Tuesday, Binance will receive 50% of Alpaca’s payment-for-order-flow fees and 65% of remaining profit from user stock lending after users are paid interest, Binance will receive 50% of Alpaca’s payment-for-order-flow, or PFOF, fees and 65% of profit from user stock lending after the platform pays user interest.Alpaca provides brokerage, clearing and custody infrastructure for Binance’s stock trading product and is also a major infrastructure…

Kylie Kelce is not gonna lie about one insecurity she’s dealt with after her pregnancies. “I had my belly button pierced,” Kelce, 34, said during the Tuesday, June 2, episode of her “Not Gonna Lie” podcast. “It stretched out with the rest of my belly while I was making human beings and then it never went back. It is truly something that bothers me so much.” Kylie, who shares four daughters with husband Jason Kelce, added that she tries to remind herself that her “body has made four human beings.” “You have to give yourself grace. You must,” she continued.…

President Bola Tinubu has sent a congratulatory message to Jimoh Ibrahim, Nigeria’s Permanent Representative to the United Nations, on his election as Chairman of the United Nations General Assembly Fifth Committee on Budget and Administration. President Tinubu noted that the election of Mr Ibrahim is noteworthy at a particularly critical moment for the United Nations, as the world body navigates significant financial realignment while advancing critical institutional reforms to strengthen its effectiveness, accountability, and long-term sustainability. President Tinubu’s words: “Your election to chair this important committee within weeks of official resumption at the UN validates your wealth of experience in…

The Deputy President of the Senate, Senator Barau Jibrin, has sponsored a bill seeking to establish the Microbiology Council of Nigeria to regulate the practice of microbiology and improve professional standards in the country. The bill, titled “A Bill for an Act to Establish the Microbiology Council of Nigeria,” scaled second reading on Tuesday during plenary in the Senate and was referred to the relevant committee for further legislative work. Leading debate on the bill, Barau said the proposed council would help regulate microbiology practice and address long-standing gaps in the profession. “The bill seeks to regulate and control the profession of…

Three former members of the Osun State House of Assembly have resigned their membership of the All Progressives Congress, APC. The former lawmakers, Lekan Oyediran, Aleem Bakare and Folorunso Oladoyin, submitted separate resignation letters addressed to the APC chairmen in their respective local government areas. The resignations occurred between June 1 and June 2, according to letters obtained by DAILY POST. While Bakare cited the absence of internal democracy within the party as the reason for his departure, Oyediran and Oladoyin did not disclose any reasons for resigning from the APC. Oyediran represented Odo-Otin State Constituency in the Osun State…

Manchester City are negotiating a compensation fee with Chelsea for Enzo Maresca. According to Sky Sports, a deal is in the hands of each club’s respective lawyers, who are involved after Maresca left Chelsea still with three-and-a-half years left on his contract in January. City are hopeful of an agreement this week, as they look to appoint the Italian as Pep Guardiola’s successor. Maresca’s proposed three-year deal is not yet fully agreed. However, a contract is expected to be finalised in the coming days, as discussions centre around the timeline of his appointment, the make-up of his backroom staff, and…

Close associates of former President Goodluck Jonathan have dismissed speculations about a possible 2027 presidential bid, insisting that there is no indication that the former leader intends to return to the ballot. They described reports linking him to the race as politically motivated, adding that a statement reiterating his lack of interest in the 2027 presidential race would be released soon. The associates, who spoke on condition of anonymity because they were not authorised to comment publicly on the matter, told The PUNCH that Jonathan’s name was being used to pursue certain interests and create confusion within the political space.…