Author: News Room

The Nigerian stock market reversed gains from the previous session, recording a loss of N457 billion for investors on Thursday. The decline followed 23 consecutive bullish sessions. The downturn was driven by profit-taking in stocks such as McNicholas, Caverton Offshore Support Group, Ikeja Hotel, FTN Cocoa Processors, Neimeth International Pharmaceutical, and 36 other declining stocks. Specifically, the Nigerian Exchange Ltd. market capitalisation, which opened at N106.780 trillion, shed N457 billion, or 0.43 per cent, to close at N106.323 trillion. The All-Share Index also lost 0.43 per cent, or 714.66 points, to close at 166,057.29, against 166,771.95 recorded on Wednesday. Similarly,…

Amazon has announced that the servers for New World: Aeternum, one of the company’s MMOs, will be shut down on January 31st, 2027. The game will also be delisted and no longer available for purchase starting today, January 15th.Last year, Amazon announced that it would be pivoting away from MMOs to put more of a focus on party games, and the company said at the time that it wouldn’t be releasing new content for New World: Aeternum and that the game’s servers would be active through 2026. But the longer-term future of the game was unclear, and now we know…

Three Democrats in the House of Representatives are asking US Securities and Exchange Commission (SEC) Chair Paul Atkins to provide information related to the agency closing investigations or dismissing enforcement actions in “at least one dozen crypto-related cases,” including Tron founder Justin Sun.In a Thursday letter to Atkins, Representatives Maxine Waters, Brad Sherman and Sean Casten questioned the SEC’s “priorities and effectiveness” given its dismissals of the crypto-related cases. The lawmakers wrote that the agency had “openly and boldly dismissed the majority of its crypto enforcement cases,” including those against crypto exchange Binance, Coinbase and Kraken. Source: House Financial Services…

When Amy Robach and T.J. Holmes walk down the aisle, their former colleagues at Good Morning America won’t be in attendance. “The wedding is not going to be celebrity-heavy,” a source exclusively tells Us Weekly. “They’re planning on only inviting their closest friends and family, around 50 to 60 guests. They’re not inviting anyone from GMA as of now.” Robach, 52, and Holmes, 48, started working at ABC News in 2012 and 2014, respectively. She served as a news anchor on Good Morning America before the pair began cohosting GMA3 in 2020. Two years later, news broke that Robach and…

A candidate vaccine for Lassa fever has entered its first human trials in the United Kingdom, raising hopes for improved prevention of a disease that continues to cause recurrent outbreaks annually in Nigeria and across West Africa. The development was disclosed during an interview with PREMIUM TIMES involving global health officials and researchers leading Lassa fever vaccine development. The experimental vaccine is being developed by researchers at the University of Oxford, a UK-based research institution, with support from the Coalition for Epidemic Preparedness Innovations (CEPI), a global health organisation that funds vaccine development for epidemic-prone diseases. The ongoing trial is…

The federal government says it will move to support farmers after food prices fell below production cost in some cases, raising concerns about the sustainability of food production and future supply. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this on Thursday while delivering a keynote address at the launch of the Nigerian Economic Summit Group (NESG) 2026 Macroeconomic Outlook Report in Lagos. According to him, the 2026 priorities include boosting competitiveness, ensuring good governance, increasing agricultural productivity and food security, and urgently supporting farmers whose costs exceed some food prices, while also accelerating infrastructure,…

“Nigeria awoke on Saturday (15 January) morning in total confusion,” de St. Jorre wrote. “In three major cities (Lagos, Ibadan and Kaduna), there had been the most violent and bloody coup d’etat Africa had ever seen; but only in the Northern capital had it been fully successful, leaving its leaders in control…the political leadership and government of the day had been swept away. The old order, for better or for worse, had gone.” Frederick Forsyth’s account of the Nigerian Civil War, mainly from the Biafran lens, is perhaps one of the most riveting you would find. Yet, it is remarkably…

Multipolitan, a Singapore-based borderless living platform, has examined how emerging technologies, such as artificial intelligence, blockchain, the metaverse, and even orbital infrastructure, are beginning to redefine traditional ideas of citizenship, sovereignty, and governance. This was made known during the unveiling of The Digital State Project on Tuesday during a media briefing with African journalists attended by PREMIUM TIMES. The project features contributions from global technology and governance leaders, including James Ellsmoor of Island Innovation and William Wang, chief executive of RNS.ID and architect of Palau’s Digital Residency Programme. Others are Metaverse entrepreneur Briar Prestidge; Ukraine’s deputy minister for digital transformation, Oleksandr Bornyakov;…

Co-convener of BringBackOurGirls Movement, Aisha Yesufu, has reacted to the withdrawal of two cases by the Federal Government against Kogi Central Senator, Natasha Akpoti-Uduaghan. In a post on her verified X handle on Thursday, the human rights activist said the injustice was not sustained. DAILY POST reports that an Abuja High Court on Thursday dismissed the criminal charges filed by the Federal Government against the lawmaker. “One of the most fulfilling actions I took in 2025 was coming out to stand firmly with Senator Natasha Akpoti-Uduaghan. I promised she will not walk alone and I stood by those words. “It…

A chieftain of the Peoples Democratic Party, PDP, Segun Sowunmi, has warned that former Vice President Atiku Abubakar and Labour Party’s 2023 presidential candidate, Peter Obi, should not underestimate former Minister of Transportation, Rotimi Amaechi, ahead of the 2027 presidential election. Sowunmi said Amaechi possesses strong political structures and alliances capable of making him a formidable contender if he decides to contest. Speaking on Channels Television’s Politics Today programme on Thursday, the PDP stalwart said his assessment was based on his experience in managing high-level presidential campaigns within the party. He noted that any emerging political coalition ahead of 2027…