Author: News Room

Paystack has launched a microfinance bank in Nigeria, marking a major expansion of its role from payment processing into broader financial services for businesses and individuals. The Stripe-owned Nigerian fintech disclosed the launch on Wednesday. The new entity, Paystack Microfinance Bank (MFB), will operate independently of Paystack Payments Limited, the company said, with its own licence, governance structure and product roadmap. While the two firms will work closely, Paystack said each would focus on its specific mission. Founded in Nigeria ten years ago to simplify digital payments, Paystack has grown into one of Africa’s most prominent fintech companies, operating in…

Operatives of the National Drug Law Enforcement Agency, NDLEA, in Ogun State have arrested three suspects and seized 115 bags of Cannabis Sativa, at a residence in Mowe area of the state. The suspect, Benedict Joseph Theaddues alongside two others were apprehended on Wednesday, while loading the illicit substance weighing 1,600 kilograms into a Toyota Sienna bus and a Hummer bus. The Command’s Public Relations Officer, Haris Musa, in a statement made available to DAILY POST said, the interception followed an intelligence-driven operation. Musa noted that the interception reinforces the high level of operational vigilance, intelligence superiority, and uncompromising enforcement posture…

An All Progressives congress, APC, Chieftain, Eze Chukwuemeka Eze, has flayed recent actions and utterances of the Obedient Movement, a political bloc loyal to Mr Peter Obi, one of the key gladiators in the Africa Democratic Congress, ADC movement, ahead of the 2027 presidential election. Eze said it was high time that key figures of the ADC shoved aside personal ego and worked towards presenting a formidable front in order to wrest power from the present All Progressives Congress, APC, government, led by President Bola Tinubu, come 2027 general elections. In a statement on Wednesday, the public affairs commentator reflected…

At least 50 people died in road crashes across Bauchi State in the last quarter of 2025, the Federal Road Safety Corps (FRSC) has revealed. The Sector Commander, Apaji Boyi, who spoke with journalists in Bauchi on Wednesday, said a total of 76 crashes were recorded between October and December 2025, leaving 468 people injured, while 193 passengers escaped without injury. Giving a monthly breakdown, Boyi explained that: “October 2025 recorded 10 crashes involving 77 people, resulting in eight deaths and 58 injuries; November 2025 recorded 25 crashes involving 201 persons, with 14 fatalities and 144 injuries; December 2025 was…

Super Eagles star, Usman Muhammed, has spoken confidently ahead of Nigeria’s semi-final clash with Morocco on Wednesday. Muhammed shared that he is happy with how things are going ahead of the clash. He told reporters in Morocco, “Everything has been going well for now.” Asked about the outcome of the match, the midfielder gave a clear and straightforward answer. “Win for sure. That’s the only answer. Yeah. Win. A win. That’s all. That’s all we focus on. Yeah,” Muhammed stated. Muhammed brushed aside the coaching staff’s comments about the team possibly being tired, saying there was no need to worry…

The President of the Academic Staff Union of Universities, Prof. Chris Piwuna, on Wednesday appealed to the Minister of Education, Dr Tunji Alausa, to convey the harsh economic realities facing Nigerians to the Federal Executive Council. Speaking at the unveiling of the 2025 agreement between the Federal Government and ASUU in Abuja on Wednesday, Piwuna expressed the picture of the nation’s economic situation, urging the minister to relay the struggles of ordinary citizens to his cabinet colleagues. “Honourable ministers, when you go to the next Federal Executive Council, please tell your colleagues that the economic situation in this country is…

A prosecution witness on Wednesday told the Federal High Court in Abuja how the deadly June 5, 2022, attack on St Francis Xavier Catholic Church in Owo, Ondo State, left her permanently disabled, costing her both legs and her left eye. Testifying in the terrorism trial of five men accused of orchestrating the massacre, the witness, identified only as SSD, a nurse and resident of Owo, recounted the terror that unfolded during the Pentecost Sunday service. Led in evidence by prosecuting counsel, Ayodeji Adedipe, SAN, SSD told Justice Emeka Nwite that she initially mistook the first shots outside the church…

Two additional members of the Rivers State House of Assembly have urged their colleagues to withdraw the impeachment proceedings against Governor Siminalayi Fubara and his deputy, Prof. Ngozi Odu, following the January 8, move to impeach the governor. The impeachment notice accused Fubara of gross misconduct, citing allegations including the demolition of the Assembly complex, extra-budgetary spending, and defiance of a Supreme Court ruling on legislative autonomy. As reported by TVC News, the lawmakers, Barile Nwakoh, who represents Khana Constituency I, and Emilia Amadi of Obio/Akpor Constituency II, made the appeal on Wednesday, barely 24 hours after two other legislators…

The Federal Government has announced the commencement of operations at a high-purity gold refining plant in Lagos, with three additional gold refineries at different stages of development across the country and a $600m lithium processing plant in Nasarawa State ready for commissioning. The Minister of Solid Minerals Development, Dele Alake, disclosed this on Tuesday, saying the projects marked tangible outcomes of the government’s value-addition policy in the mining sector and were repositioning Nigeria as Africa’s leading minerals hub and a strategic global partner in critical minerals for the green energy transition. Alake spoke during a meeting with the Saudi Arabian…

Tottenham signed England midfielder Conor Gallagher from Atletico Madrid in a deal worth a reported £34.7 million ($46.6 million) on Wednesday. Gallagher agreed a long-term contract with the Premier League club that reportedly runs until 2031. Tottenham won the race to sign Gallagher after Aston Villa also expressed interest in the former Chelsea player. The 25-year-old was keen to leave Atletico for more regular action in a bid to secure a place in England’s squad for the World Cup later this year. “Tottenham Hotspur are delighted to announce the signing of Conor Gallagher from Atletico Madrid, subject to international clearance,”…