Author: News Room

The Nigeria Union of Teachers (NUT) in Oyo State on Wednesday suspended its month-long strike following approval from the union’s national leadership, paving the way for the reopening of public primary and secondary schools across the state. Oyo State NUT secretary, Salami Olukayode, confirmed the development to PREMIUM TIMES ending a month-long industrial action that shut public schools in the state. The decision comes after days of engagements between the union and the Oyo State Government over concerns about the safety of teachers, pupils and school communities following the abduction of over 40 schoolchildren and teachers in a coordinated attacks…

Nigeria’s recent transition to a shorter market settlement cycle, intended to accelerate the clearing of stock market transactions, has encountered an early setback after FTSE Russell paused the country’s upgrade to frontier market status. Following Nigeria’s upgrade earlier this year from an unclassified to a frontier market—effective from September—the organisation stated on Tuesday: “FTSE Russell announces that the reclassification of Nigeria is under review.” Until the reclassification this March, Nigeria had been excluded from frontier markets for thirty months, following a sharp devaluation of its currency and other FX reforms. The London-based global provider of market indices is placing the…

The immediate past chairman of the Nigeria Medical Association (NMA), Lagos State chapter, Babajide Saheed, has challenged the interpretation of figures showing that Lagos recorded 10,430 new HIV cases in 2025, arguing that the data reflects routine HIV testing rather than newly diagnosed infections. Mr Saheed made the clarification on Channels Television during The Morning Brief show on Wednesday while reacting to figures from the ”State of the Health of the Nation Report 2025,” which have sparked widespread discussion on social media. The report indicates that Lagos recorded 10,430 new HIV cases in 2025, the highest among Nigeria’s 36 states…

As insecurity continues to dominate national discourse, the founder and General Superintendent of the Deeper Christian Life Ministry, Pastor William Kumuyi, has urged Nigerians to place their trust in God rather than human solutions. Mr Kumuyi made this known when he spoke with journalists after a press conference with Benue State Governor Hyacinth Alia, represented by his deputy, Sam Ode, at the Government House, as part of his Global Crusade in the state. The visit formed part of the activities lined up for the week-long Global Crusade taking place across Gboko and Otukpo Local Government Areas of the state, themed…

The Nigeria Customs Service, on Wednesday, handed over nine containers of seized hard drugs, expired, fake and prohibited pharmaceutical products with a duty-paid value of N53.391 billion to the National Drug Law Enforcement Agency and the National Agency for Food and Drug Administration and Control. Speaking during the handover ceremony in Apapa, the Comptroller-General of Customs, Adewale Adeniyi, said the seizures reflected the outcome of diligent intelligence gathering and inter-agency collaboration aimed at protecting public health and national security. He said the seizures were made by the Apapa Area Command following intelligence gathering, scanning analysis, physical examination and collaboration with…

[Update July 1, 2:15 pm UTC: The article has been updated to add comments from CACEIS.]Crédit Agricole, Europe’s third-largest bank by assets, has launched the EURO eXchange Token (EURXT), a euro-backed stablecoin issued through its asset servicing arm, Crédit Agricole Caisse d’Epargne Investor Services (CACEIS).CACEIS announced the launch on Wednesday, alongside the first subscription using EURXT into a tokenized Amundi Money Market Fund.Issued on the Ethereum blockchain, EURXT is an electronic money token (EMT) pegged 1:1 to the euro. It is initially targeted at institutional investors and corporate clients as part of Crédit Agricole’s plan to accelerate its push into…

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Whether you’re walking around Paris or New York City, chances are you’ll see ballerina sneakers everywhere. Rich moms are especially obsessed with the 2026 shoe trend, and given how comfy and chic this style is, we understand why. The summer-friendly design is just as versatile as white sneakers, but 10 times classier. These sneaker-flat hybrids make a real case for themselves, featuring round toe boxes, low rubber soles and laces or straps that lean mega sophisticated. We’ve already spotted ballerina sneakers on Nicole Kidman and Kate Hudson,…

The Africans for Africa (AFA) Initiative has signed a Memorandum of Understanding (MoU) with Tanzania-based KNY Chemicals to promote responsible, sustainable, and commercially viable management of mining tailings across Africa. The agreement, signed shortly after the fifth African Natural Resources and Energy Investment Summit (AFNIS), seeks to strengthen collaboration on mineral processing and support environmentally responsible mining practices while unlocking additional economic value from mine waste. Under the partnership, KNY Chemicals will contribute its expertise in specialised mining reagents and processing chemicals, while AFA will leverage its investment platform to support the development of high-impact mining infrastructure and mineral processing…

Fans and colleagues continue to mourn the death of Mount Zion actor Olusegun Oyeyemi as his family announces his burial arrangements. Oyeyemi, who was 38, died on 10 June. He played Flora’s husband in the popular gospel series Abattoir, directed by Damilola Mike-Bamiloye, under the banner of Mount Zion Film Productions. The grief surrounding his passing carries added weight, given that Flora herself—played by Tolu Adegboyega in the same film—died on 4 February 2025, a year before him. Oluwasegun Oyeyemi’s burial arrangements Adegboyega had sustained critical injuries in a tragic car accident on the Lagos-Ibadan Expressway in December 2024, an…

The Nigeria Premier Football League (NPFL) is set to return in late August, after officials tentatively approved the weekend of 27–29 August as the kickoff date for the 2026/27 season. The proposed start date was agreed during a joint stakeholders’ meeting in Abuja involving the National Sports Commission (NSC), the Nigeria Football Federation (NFF), the NPFL leadership, and club owners, as plans gather pace for the upcoming domestic campaign. According to the approved football calendar, the 2026/27 season will run until 28 May 2027. The schedule also accommodates fixtures for the President’s Federation Cup, in a move aimed at delivering…