Author: News Room
Enyimba midfielder Chinedu Ufere, has admitted that the 2025-26 Nigeria Premier Football League, NPFL, season was a challenging one for the club. The People’s Elephant escaped relegation on the final day of the season. Ufere said they never planned to battle with relegation. He however expressed optimism that the team will experience a better outing next term. “It was a challenging season because at some point it seemed like the Club was going down,” Ufere told Enyimba’s website. “But I thank God that everybody in the team – the coaches, backroom staff, players and fans – showed character, they showed…
Atlético Madrid are prepared to listen to offers for Nigerian forward Ademola Lookman just months after signing him from Atalanta in one of the winter window’s most significant deals, PUNCH Sports Extra reports. According to Fotospor, reports from Spain and Turkey indicate the club could sanction his departure for around €60m this summer. The 28-year-old joined Diego Simeone’s side in February in a transfer worth approximately €35m plus add-ons, signing a contract until 2030. Despite contributing four La Liga goals alongside strikes in the Copa del Rey and UEFA Champions League, Lookman has reportedly struggled to adapt to Atlético’s demanding…
The African Development Bank has revealed that 70.7 per cent of firms in Nigeria own or share generators due to persistent electricity shortages, with power outages costing businesses about three per cent of their annual sales. The bank disclosed this in its 2026 African Economic Outlook report, which, among other items, assessed Africa’s fiscal policy and tax systems. It warned that weak public service delivery continued to impose hidden financial burdens on households and businesses across the continent. “Electricity outage losses amount to three per cent of annual sales in Nigeria, and because of this, generator reliance is widespread, with…
Former African sprint king Olusoji Fasuba has thrown his weight behind Kanyinsola Ajayi to chase the African 100m record after the youngster ended his 20-year hold on the Nigerian record with a world-leading 9.84 seconds at the NCAA East Regional Championships on Friday. Ajayi, the 20-year-old Auburn University sprinter, clocked the time with a legal wind reading of +0.4m/s to win his heat and qualify for the NCAA Championships, surpassing Fasuba’s mark of 9.85 seconds set in Doha in May 2006. The run also moved Ajayi to the top of the 2026 world rankings and placed him ahead of a…
Authorities have suspended the search for a man feared to be Alaskan Bush People star Matt Brown. “Search efforts to locate the male reported deceased in the Okanogan River continued through Friday 5/29/2026,” Sheriff Jodie Barcus said in an updated press release shared via the Office of the Okanogan County Sheriff’s official Facebook account on Saturday, May 30. “Deputies and Washington Department of Fish and Wildlife agent[s] used boats, personal watercraft, sonar and divers to search an expanding area near the last location the male was seen.” The press release continued, “A canine from Spokane, trained in detection of human…
The Dangote Petroleum Refinery and Petrochemicals has announced a fresh reduction in the ex-depot prices of Premium Motor Spirit (PMS), also known as petrol, and Automotive Gas Oil (AGO), commonly called diesel. In a statement shared with PREMIUM TIMES on Saturday by the Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, the refinery said it reduced the ex-gantry price of petrol to N1,250 per litre from N1,275 per litre. In contrast, diesel prices were reduced to N1,700 per litre from N1,800 per litre. “Under the latest price adjustment, the refinery reduced the ex-depot price of PMS, commonly…
The African Democratic Congress, ADC, has recognized former Kaduna State Governor, Nasir El-Rufai, as a prisoner of conscience. The ADC stated this during its 101st National Executive Committee, NEC, meeting held in Abuja on Saturday. The opposition party, therefore, demanded the immediate release of the former Minister of the Federal Capital Territory (FCT). The party also approved the extension of the tenure of the National Working Committee (NWC) for a period of 12 months from the expiration of its current tenure. Also approved at the NEC meeting was the constitution of caretaker committees at the zonal, state, local government, and…
The Labour Party, led by Nenadi Usman, has formally presented Dr. Chibuzo Okereke as its presidential candidate for the 2027 presidential election. He emerged following a broad-based consensus among party members and stakeholders, which was affirmed in Abuja on May 30, 2026. The LP said Okereke has built an impressive reputation as one of Nigeria’s leading voices on public policy, legislative governance, and institutional development. Dr. Okereke is the President of ERGAF-AFRICA Legislative Governance Innovation and Policy Hub, a foremost policy and legislative research institution, and serves as a legislative consultant to key committees and ranking members of the National Assembly.…
Paris Saint-Germain forward, Ousmane Dembele, is now the new favourite to win the 2026 Ballon d’Or award. Dembele was instrumental for PSG in the Champions League final as he helped his team to beat Arsenal in Budapest. The France international converted a penalty won by his teammate Khvicha Kvaratskhelia during the encounter. Recall that PSG won on penalty shoot-out following a 1-1 draw after 120 minutes. Dembele also netted three goals against Bayern Munich during the semi-final stage as the Parisians defeated the Bundesliga giants 6-5 on aggregate. DAILY POST reports that, based on recent performances across Europe’s top five…
Foreign direct investment into Nigeria plunged by 80 per cent in January 2026 as foreign investors increasingly channelled funds into bonds and money market instruments, despite a sharp rise in overall capital inflows, the latest Economic Report of the Central Bank of Nigeria has shown. The report revealed that FDI fell to $30m in January from $150m in December 2025, while foreign portfolio investment surged to $3.37bn from $940m over the same period, showing investors’ preference for debt assets over long-term productive investments. According to the CBN, “Direct investment fell by 80.0 per cent to $0.03 billion in the review…
