Author: News Room

Stakeholders demand green jobs policy to tackle youth unemployment, climate risks in Akwa Ibom

Government officials, civil society organisations, development partners, private sector actors, youth groups, and environmental advocates under the umbrella of Stakeholders’ Roundtable on Green Jobs and Enterprise Development in Akwa Ibom State have asked the Akwa Ibom State Government to develop a climate change policy and establish a dedicated framework for green jobs in the state. They said this action would be a significant effort geared towards tackling unemployment, strengthening environmental resilience, and positioning the state within Nigeria’s emerging green economy. The recommendations were contained in a communiqué issued at the end of a stakeholders’ roundtable organised by the Akwa Ibom State Ministry…

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CBN orders banks to freeze accounts linked to six terrorism financing suspects

The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to immediately freeze all accounts and assets linked to six individuals and four Bureau de Change (BDC) operators recently designated for terrorism and terrorism-financing-related activities. In a circular signed by Olubunmi Ayodele-Oni, the CBN’s Director of Compliance Department, on Thursday, the apex bank said the sanctions followed recent designations by the Nigeria Sanctions Committee (NIGSAC) and the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) under Executive Order 13224, as amended. The CBN said the Nigeria Sanctions List was updated on 18 June…

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Court to rule on fresh Mohbad probe suit September 29

The Federal High Court in Abuja has fixed September 29, 2026, for judgment in a suit seeking to compel the Inspector-General of Police to reopen investigations into the death of late singer, Ilerioluwa Aloba, popularly known as Mohbad. Justice James Omotosho fixed the date on Thursday after hearing arguments in the suit filed by a non-governmental organisation, Break the Silence Foundation. The suit, marked FHC/ABJ/CS/363/2026, has the Inspector-General of Police, the Nigeria Police Force and the Commissioner of Police, Lagos State Command, as respondents. However, when the matter was called, none of the respondents was represented in court. Counsel for…

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CBN orders banks to freeze terrorism financing suspects’ acc

The Central Bank of Nigeria has directed banks and other financial institutions to immediately freeze the accounts and assets of individuals and companies designated for terrorism and terrorism financing, following fresh sanctions issued by Nigerian and United States authorities. The directive was contained in a circular dated June 24, 2026, issued by the CBN’s Compliance Department and addressed to all banks, Payment Service Banks and other financial institutions regulated under the Banks and Other Financial Institutions Act 2020. According to the circular, the action follows recent sanctions designations by the Nigeria Sanctions Committee and the United States Department of the…

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Terrorism financing: ABCON backs US sanctions, assures compliance

The Association of Bureaux De Change Operators of Nigeria has strongly condemned terrorism financing, declaring its full support for recent domestic and international enforcement efforts aimed at safeguarding the integrity of Nigeria’s financial system. The association’s stance follows recent targeted actions by the United States Department of the Treasury’s Office of Foreign Assets Control against certain individuals and entities allegedly involved in facilitating terrorist financing. In a statement released on Wednesday, ABCON clarified that the recent US sanctions should not be interpreted as a blanket indictment of the entire Bureau De Change sector in Nigeria, noting that the overwhelming majority…

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NCDC Opposes New Public Health Institute Bill

The Nigeria Centre for Disease Control and Prevention has opposed a bill seeking to establish a National Institute for Public Health and Infectious Diseases, warning lawmakers that creating another federal public health agency with overlapping functions could weaken Nigeria’s disease surveillance and emergency response system. The Director-General of the NCDC, Dr Jide Idris, made the agency’s position known on Thursday during a public hearing organised by the House of Representatives Committee on Infectious Diseases on the proposed National Institute for Public Health and Infectious Diseases (Establishment) Bill, 2025. While acknowledging the need to strengthen Nigeria’s health security architecture, Idris argued…

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Milan, Betis in Race for Nigerian Forward

AC Milan and Real Betis are among the clubs monitoring the situation of Nigerian forward Christantus Uche as the 23-year-old prepares to return to Getafe following a frustrating loan spell at Crystal Palace that ended without a permanent deal being agreed. According to Footy-Africa, Uche’s camp believes a transfer away from the Spanish club this summer is more likely than not, with Getafe understood to be open to cashing in if a suitable offer arrives. Milan’s interest is not new. The Italian giants were among the clubs that pursued Uche before his move to Palace, but the Nigerian had been…

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Ycee Laments ‘Yahoo Culture,’ Says Nigerians Rewarding Ignor

Popular Nigerian rapper and singer Oludemilade Alejo, widely known as Ycee, has expressed concern over what he describes as the growing culture of celebrating ignorance and low academic standards among Nigerian youths. The rapper made the remarks during a podcast interview shared on Instagram on Wednesday, where he spoke about education, youth culture and societal values in the country. In the video, Ycee said Nigeria was increasingly accommodating ignorance, saying, “It’s like we are trying so much to accommodate unintelligent people and ignorant people because we don’t want them to feel bad. So, now they are like the majority.” He…

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Samsung’s new budget phone costs  more despite downgrades

The Galaxy A27 has been announced, and at $349.99 it’s $50 more than last year’s A26. That’s understandable in the current economic climate, but a harder sell given that Samsung has also downgraded a few key specs.Compared to last year’s phone, the A27 has lower resolution 12-megapixel selfie and 5-megapixel ultrawide cameras, worse IP64 waterproofing, and is very slightly thicker at 7.8mm. Other specs are simply unchanged, like the 6GB RAM and 128GB storage, 5,000mAh battery, 6.7-inch 120Hz display, and 50-megapixel rear camera. There’s only one real upgrade to the phone, but it is a welcome one: a move from…

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SBI Expands Digital Asset Push With Bitbank Acquisition

Japan’s SBI Holdings has signed agreements to acquire full control of crypto exchange Bitbank through a 46.7 billion Japanese yen ($289 million) transaction, advancing a deal first disclosed in May that would create the country’s biggest crypto exchange.On Thursday, SBI said that its wholly owned subsidiary SBICAH will acquire shares from Bitbank CEO Noriyuki Hirosue and other shareholders before subscribing to a third-party share allotment. The exchange will then buy back shares held by MIXI and Ceres, leaving SBI with 100% indirect ownership. SBI expects the transaction to close around October, subject to regulatory clearance.The acquisition would expand SBI’s regulated…

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