Author: News Room

Volatility is no longer an episodic challenge for corporate treasurers—it is the operating environment. Over the past few years, treasury has evolved more rapidly than at any point in recent history. Persistent market disruption, geopolitical uncertainty, inflationary pressures, and currency instability have fundamentally reshaped how organisations think about liquidity, risk, and resilience. Treasury is no longer a back‑office reporting function. It has become a strategic nerve centre—expected to deliver clarity, confidence, and foresight in an increasingly complex world. For decades, treasury success was measured by efficiency: optimising cash, minimising costs, and managing steady‑state operations. That definition is now outdated. Access…

The Economist Intelligence Unit has said the operational ramp-up of the 650,000-barrel-per-day Dangote Petroleum Refinery and Petrochemicals is reducing pressure on Nigeria’s foreign exchange market by cutting the country’s dependence on imported refined petroleum products. In its latest assessment on Nigeria’s fuel market and regulatory environment, the EIU stated that the refinery had fundamentally reshaped Nigeria’s downstream oil sector, which had long relied heavily on imported fuel despite the country being Africa’s largest crude oil producer, a statement by the Dangote Group said. According to the report, the refinery met nearly 80 per cent of domestic petrol demand in April…

Millwall forward Femi Azeez announced his arrival on the Nigerian football scene on Tuesday night, scoring a brace on his debut to help the Super Eagles beat Zimbabwe 2-0 and reach the final of the 2026 Unity Cup in London, PUNCH Sports Extra reports. Azeez was one of the 12 debutants invited by coach Eric Chelle for the Unity Cup title defence, and the 24-year-old made an immediate impact by becoming the first Nigerian this millennium to score a brace on his debut. His first goal came inside the opening five minutes, arriving on time to fire a low left-footed…

After six Republican and Democratic candidates supported by cryptocurrency-backed interest groups won primaries for US House of Representatives and Senate seats in Texas, one of the biggest political action committees (PACs) said it would “aggressively back leaders” supporting crypto policies in the future.On Tuesday, candidates notched six wins for congressional runoff primaries in Texas, supported by media spending and endorsements by the crypto industry-affiliates Fairshake, Defend American Jobs, Protect Progress, Blockchain Leadership Fund and Fellowship PACs.Democrat Christian Menefee primaried incumbent Al Green for Texas’ 18th congressional district and Republican state Attorney General Ken Paxton won against incumbent Senator John Cornyn with…

Joy Behar is briefly stepping away from The View to work on a passion project. “You better tell people why I’m not [going to be on the show],” Behar, 83, shared on the Tuesday, May 26, episode of the “Behind the Table” podcast. “I fly to Paris this week, and then I go take the tunnel to London after a week, and I’ll be in London a second week doing my play, My First Ex-Husband, at the Boulevard Theatre in the West End. We have Jackie Hoffman and I [playing] the two American women talking, then we have two British…

President Bola Tinubu has assured families of abducted children in parts of the country that the federal government would intensify efforts to secure their release and strengthen protection measures for schools in vulnerable communities. In a statement on Wednesday marking the 2026 Children’s Day celebration, Mr Tinubu said children abducted in Oyo and Borno states remained a priority for his administration, noting that the government would not abandon affected families. The president said the celebration, themed “Future Now: Promoting Inclusion for Every Nigerian Child,” should serve as a reminder of the government’s responsibility to create opportunities and ensure safety for…

Former Head of State, General Abdulsalami Abubakar, has called on Nigerians to engage in politics without bitterness, saying it is essential for the emergence of credible leaders and national development. Abubakar made the appeal on Wednesday in Minna after observing the two-raka’at Eid-el-Kabir prayer at the Minna Eid praying ground, where he joined other Muslim faithful to mark the celebration. He stressed that peace remains a fundamental requirement for meaningful progress, urging Nigerians, irrespective of ethnic or religious differences, to continue to pray and work for unity, stability and development in the country. The former Head of State also prayed for Allah’s…

A professor of Arabic and Islamic Studies at the University of Ibadan, Ibrahim Uthman, has enjoined politicians across the country not to sacrifice the lives of Nigerians for their political ambitions.  Uthman, who is also the Chief Imam of the university, enjoined political office holders at all levels to do whatever they can to halt the alarming rate of kidnapping and other social problems in the country.  The don made the call shortly after he led the Muslim congregation to observe the two obligatory Rakat in commemoration of this year’s Eid Kabir festival on Wednesday.  DAILY POST reports that the Eid…

Kabiru Muazu has been appointed the new General manager of newly promoted Nigeria Premier Football League, NPFL, side Ranchers Bees. Muazu’s appointment was confirmed by club owners Sadiq Umar and president Nura Abdullahi on Tuesday. Ranchers Bees secured promotion to the NPFL at the end of the 2025-26 Nigeria National League, NNL, season. They finished in third position at the NNL Super Four playoff tournament in Ikenne last month. Ranchers Bees are gearing up for the new season with a series of signings and appointments to key positions. Ranchers Bees recently extended defender Umar Gamagira’s contract after a standout campaign…

The Nigerian Maritime Administration and Safety Agency has stated that achieving sustainable growth and excellence in the maritime industry requires intentional efforts towards removing barriers that hinder women’s participation and ensuring safe, inclusive, and enabling workplaces for all. The Director-General of NIMASA, Dr Dayo Mobereola, stated this when he hosted several women’s maritime associations in commemoration of the International Day for Women in Maritime. The Deputy Director, Head of Public Relations at NIMASA, Osagie Edward, disclosed this in a recent statement obtained by The PUNCH. While expressing appreciation to the women’s associations and stakeholders for their continued contributions to the…