Author: News Room

Mr Ibu’s son calls out dad’s widow after financial appeal

Somtochukwu Okafor, the third son of the late actor John “Mr Ibu” Okafor, has pushed back against his father’s widow, Stellamaris, after she publicly appealed for financial help to cover the rent for their home and his children’s school fees. PREMIUM TIMES gathered that Ms Stellamaris and her children appealed during an interview with content creator Mukoro “King Mitchy” Michelle. In the interview, which went viral on Thursday, they described their living conditions, revealing that they had been without electricity for about two months and relied on a well for water, among other hardships. “We fetch water from the well.…

Read More
TCN restores power to Lagos after grid disturbance

The Transmission Company of Nigeria says it has restored bulk power supply to the Lagos complex through the Benin-Egbin 330kV transmission line following a national grid disturbance that caused a widespread power outage on Thursday. According to a statement issued by TCN, the incident occurred at approximately 8:19 a.m. when voltage instability spread across the Lagos corridor, leading to the loss of some generating stations and subsequent transmission line outages. The statement, signed by TCN’s General Manager, Public Affairs, Ndidi Mbah, read in part, “At approximately 8:19 am this morning, the national grid experienced voltage instability which rapidly spread across…

Read More
Police Rule Out Terrorism, Explosives

The Lagos State Police Command has ruled out terrorism, sabotage, or the use of explosives in the incident initially reported as an explosion in the Mushin area of the state. The command said its investigation conclusively established that the incident was caused by the failure of a pressurised mechanical component and not by an Improvised Explosive Device or any criminal act. The Police Public Relations Officer, Lagos State Command, SP Abimbola Adebisi, disclosed this in a statement issued on Thursday. According to the statement, technical findings revealed no traces of explosive materials, detonators, initiation systems, explosive residues, or blast characteristics…

Read More
Nigeria’s urban wastewater treatment below 20% – NAE

The Nigerian Academy of Engineering has stated that a lecture organised by the academy in May revealed that less than 20 per cent of urban wastewater in Nigeria is properly managed. The President of the NAE, Prof Ramon Bello, disclosed this on Tuesday in Lagos while speaking during the 2026 Pre-Apex Event. He added that the academy firmly believes that engineering solutions for wastewater and sewage management are not a luxury reserved for wealthy nations; “they are a fundamental requirement of a just and healthy society.” “In May 2026, the academy hosted a lecture titled, ‘Wastewater Management: Impact on Health…

Read More
USA, Germany, Netherlands Eye Last 32

Co-hosts the United States and Germany bid to complete perfect World Cup group stage campaigns on Thursday, while the Netherlands and Japan look poised to join them in the last 32. The US have clinched top spot in Group D with a game to spare after wins over Paraguay and Australia, and will try to maintain that momentum against already-eliminated Turkey in Los Angeles. Mauricio Pochettino is expected to rest a number of players saying it was “unnecessary to take a risk” with the likes of Chris Richards, Antonee Robinson, Tyler Adams and Folarin Balogun, who are facing suspension if…

Read More
Instagram wants to monopolize your attention

This week, Instagram launched a series of new features for its smart TV app that are all designed to get people to spend more time on the platform through the biggest screens in their homes. In addition to vertical Reels, Instagram for TV — which is currently available for Amazon Fire TV, Google TV, and Samsung Smart TVs — users can now watch disappearing Stories and horizontal videos with aspect ratios similar to what you typically see on YouTube. And soon, Instagram will make a big push for longform, episodic content and TV-focused “live creator experiences.”This foray into the TV…

Read More
Bitcoin Options Traders Brace for Volatility

Bitcoin options traders remain heavily positioned for downside protection, with both crypto-native and exchange-traded fund investors showing elevated demand for downside hedges, according to new research by Anchorage Digital’s head of research, David Lawant.The report analyzed options activity across Deribit, BlackRock’s iShares Bitcoin Trust (IBIT) and Strategy (MSTR), saying the three markets together provide a broader view of crypto-native, institutional and retail investor sentiment than any single options market alone. Both Deribit and IBIT options markets showed elevated put skew, indicating traders are paying a premium for downside protection rather than positioning for further gains. The report found defensive positioning…

Read More
20 Best Movies on Shudder Right Now (June 2026)

You may ask yourself, “Why is an American werewolf in London?” And the answer is that he wasn’t a werewolf when he crossed the Atlantic. David Kessler (David Naughton) and his friend, Jack Goodman (Griffin Dunne), were just normal tourists until a werewolf attacked them and left them for dead. Only David survives the attack, although he sees an apparition of Jack telling him to end his life before he transforms for the first time. David and his new lover, Alex Price (Jenny Agutter), may come to regret not making that choice. Because once David’s inner wolf is unleashed, there’s…

Read More
How conflict, corrosive capital are reshaping Ethiopia’s foreign investment landscape

At its peak, Ethiopia was widely described by international financial institutions as one of Africa’s most promising frontier investment destinations. Between 2010 and 2019, Ethiopia was widely regarded as a frontier investment success story. According to the World Bank and IMF macroeconomic datasets, the country recorded average GDP growth of around 9% annually during the decade before COVID-19, driven largely by state-led infrastructure expansion and rising foreign direct investment (FDI). Between 2010 and 2019, the country experienced one of the fastest expansions of foreign direct investment (FDI) in Sub-Saharan Africa, driven by state-led industrialisation, infrastructure megaprojects, and manufacturing zones. According…

Read More
Insecurity: Kwara expresses concern over influx of unknown Okada riders 

The Kwara State Government has expressed concern over the growing influx of unidentified commercial motorcycle operators into the state, warning that the trend poses a serious security threat amid increasing cases of insecurity in some parts of the state. The Commissioner for Transportation, Aliyu Korasabi, raised the alarm on Thursday during an emergency security stakeholders’ meeting held in Ilorin, urging transport union leaders to ensure full compliance with the ongoing Kwara State Residents Registration exercise. Korasabi said the registration exercise, being coordinated by the Kwara State Residents Registration Agency, remains a critical component of the government’s strategy to strengthen security…

Read More