Author: News Room
The African Development Bank Group President, Sidi Ould Tah, says 12 of the world’s 20 fastest-growing economies are in Africa. Tah said this while inaugurating the 2026 African Economic Outlook of the bank at the ongoing AfDB Annual Meetings in Brazzaville on Tuesday. “The report says African economies continue to demonstrate resilience in spite of global geopolitical tensions, trade uncertainties and declining development assistance. “Africa’s real Gross Domestic Product (GDP) growth stabilised at 4.3 per cent in 2026 and is projected to rise to 4.5 per cent in 2027. “The performance highlights the continent’s growing economic dynamism in a challenging…
Nigeria table tennis star Quadri Aruna has suffered his biggest setback in over a decade in the latest International Table Tennis Federation rankings, dropping 20 places to 76th in the world and fourth in Africa, PUNCH Sports Extra reports. It is the first time since 2014 that the Nigerian star has dropped out of the top two in Africa. For over a decade, Aruna has dominated the continent alongside his Egyptian rival Omar Assar, who remains the No. 1 player in Africa and 31st in the world. In the latest rankings released on Monday, Aruna was overtaken by Egypt’s Youssef…
Ferrari makes some of the fastest cars on the planet, so it’s anyone’s guess how the Italian automaker ended up being so incredibly late to the EV party. Long after most automakers have drastically scaled back their EV ambitions, cancelled battery-powered models, or curtailed factory plans, Ferrari emerges from the shadows with a real weird one: the all-electric Luce.Ferrari unveiled the Luce Monday at the Vela di Calatrava, a massive architectural sporting complex located on the outskirts of Rome. In many ways it’s the most anticipated and also the most over-hyped EV to come out since battery-powered models first arrived…
Bitcoin (BTC) is up roughly 30% from its Feb. 6 low below $60,000 as a multi-year bullish chart pattern suggests BTC price could rise to as high as $220,000 in the coming months.Key takeaways:Bitcoin’s cup-and-handle pattern puts BTC’s minimum target at $220,000, but $74,000 must hold.Bitcoin spot volume has collapsed 81% since October 2025, a precursor to the end of every bear market.Bitcoin’s cup-and-handle pattern targets $220,000 and aboveBitcoin price has formed a cup-and-handle (C&H) pattern on the weekly chart, suggesting that a massive upward move is still in the cards for BTC.A cup-and-handle is a bullish continuation pattern where…
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The Peoples Democratic Party (PDP) says the Federal High Court judgement affirming the eligibility of former President Goodluck Jonathan to contest the 2027 presidential election has cleared every obstacle to what it described as his “presidential rescue mission,” just days before the party’s primaries. In a statement on Tuesday signed by its Interim National Working Committee spokesperson, Ini Ememobong, the party welcomed the judgement delivered by the court in Abuja, saying it aligned with “the law and common sense.” “This development, coupled with the screening waiver that our party had granted President Goodluck Jonathan, has made the pathway for his…
South African singer Tyla emerged as one of the biggest winners at the 2026 American Music Awards after clinching the Best Afrobeats Artist award ahead of Nigerian stars Burna Boy, Wizkid and Rema, as well as Ghanaian-American act MOLIY. The 52nd edition of the American Music Awards was held on Sunday at the MGM Grand Garden Arena in Las Vegas, with Queen Latifah serving as host. The ceremony was broadcast live on CBS and Paramount+, with winners determined largely through fan voting. Tyla also won the Social Song of the Year award for her hit track “Chanel”. The latest victories…
The Chief of Defence Staff, CDS, General Olufemi Oluyede, has ordered the deployment of special forces and aerial surveillance assets to Oyo State following a series of recent kidnapping incidents across the state. He assured residents that the military would sustain aggressive operations until those responsible are apprehended and security is fully restored in the affected areas. Speaking with journalists on Tuesday during a briefing on the Armed Forces’ operational activities for May, the Director of Defence Media Operations, Major General Michael Onoja, said the military recognised the growing security concerns in Oyo State and sympathised with affected families, the state government…
Results from the ongoing African Democratic Congress, ADC, presidential primary election shows that Rotimi Amaechi defeated Atiku Abubakar in Bayelsa State. Amaechi secured 44,404 votes in the state while Atiku got 6,570 votes. Mohammed Hayatudeen recorded just 939 votes. In Imo State, Atiku got 52,200 votes, while Amaechi, a former Minister of Transportation scored 7,659 votes. Hayatudeen polled 1,121 votes. Results from other states are still trickling in as at the time of filing this report. Meanwhile, Amaechi had vowed to reject the result of the ongoing presidential primary election if the exercise is not free and fair.
Operatives of the Lagos State Police Command’s Special Squad 1 have neutralised four suspected kidnappers during a counter-operation aimed at preventing the abduction of a businessman in the Ejigbo area of Lagos State. The operation, which took place on Sunday night at the Jakande Estate Gate, also led to the recovery of an AK-47 rifle, another firearm, ammunition, and vehicles allegedly linked to the criminal gang. The exchange of gunfire reportedly continued until about 11:00 p.m., causing panic as traders and residents in the vicinity fled the area for safety. Security sources said the operation was triggered by credible intelligence indicating that…
