Author: News Room

Mexico Central Bank on Thursday ended a prolonged streak of monetary easing, leaving its benchmark interest rate unchanged at 7.0 percent, citing upside risks to inflation. After 12 consecutive rate cuts, the bank’s policy-setting governing board announced a pause “consistent with the assessment of the current inflation outlook.” It pointed in a statement to “an environment of persistent trade tension” putting pressure on inflation forecasts. By the first half of January, Mexico’s year-on-year inflation accelerated to 3.77 percent — above the target of 3.0 percent. Latin America’s second-largest economy had its worst performance in 2025 since the Covid-19 pandemic, growing…

The management of Kwara State University, Malete, has confirmed the death of a 400-level student, Idris Agboluaje, in an auto crash in Malete on Wednesday. The institution’s Registrar, Dr Kikelomo Sallee, said in a statement on Thursday that Agboluaje, a final-year student, was on his way to the campus to write an examination when the accident occurred. “The management, on behalf of the university community, commiserates with the family and loved ones of the student, who died in an unfortunate road accident on Wednesday, February 4, in Malete. “The management of KWASU feels very deeply pained by the loss of…

Minister of Marine and Blue Economy, Adegboyega Oyetola, has sanctioned the move to digitise Nigeria’s fish import licences. In a statement on Tuesday, the minister stressed that the move is a landmark policy aimed at enhancing transparency, efficiency and regulatory oversight within the nation’s fisheries sector. Oyetola has, consequently, directed the Department of Fisheries and Aquaculture to expedite action towards the swift implementation of the digital platform, signalling the Federal Government’s renewed commitment to modernising marine administration while strengthening domestic fish production capacity. The initiative strongly aligns with President Bola Tinubu’s Renewed Hope Agenda, which prioritises economic diversification, food security,…

The Federal Ministry of Health has announced major advances in Nigeria’s healthcare system, aimed at expanding access to specialised medical services and reinforcing the country’s role in global health governance. The initiatives are expected to position Nigeria as a regional hub for advanced diagnostics, oncology, and cardiology, while strengthening its leadership in addressing global health challenges such as antimicrobial resistance. In a statement on Thursday, the ministry said the International Finance Corporation, the Nigeria Sovereign Investment Authority, and MedServe (NSIA Advanced Medical Services Limited) have signed a strategic agreement to accelerate the nationwide rollout of affordable diagnostics, oncology, and cardiology…

Atletico Madrid advanced to the last four of the Copa del Rey on Thursday with an emphatic 5-0 win at Real Betis as new signing Ademola Lookman scored on his Rojiblanco debut. Diego Simeone’s side join holders Barcelona, 2024 winners Athletic Bilbao and Real Sociedad in the semi-finals of the cup competition. A barnstorming first-half performance in Seville by Atletico set up the victory as they raced into a 3-0 lead thanks to goals from David Hancko, Giuliano Simeone and Lookman. The 28-year-old Nigerian joined Atletico on deadline day from Serie A outfit Atalanta on a reported 40-million-euro ($47 million)…

Last fall, new Peloton CEO Peter Stern made a bet. The company announced a complete refresh of its entire hardware lineup, complete with swivel screens and AI-powered features. Today, the initial results of Stern’s bet are in. In its Q2 2026 earnings call, Stern noted that the hardware refresh hasn’t landed with existing Peloton users, resulting in weaker-than-expected holiday sales during what’s usually Peloton’s strongest quarter. As a result, Peloton stocks fell roughly 20 percent this morning.Peloton also announced that chief financial officer Liz Coddington would be leaving at the end of March. Last week, the company announced yet another…

Key takeawys:Bitcoin fell below $63,000 as weak US job data and concerns over AI industry investments fueled investor risk aversion.Options markets show a 6% chance of Bitcoin returning to $90,000 by March.Bitcoin (BTC) slid below $63,000 on Thursday, hitting its lowest level since November 2024. The 30% drop since the failed attempt to break $90,500 on Jan. 28 has left traders skeptical of any immediate bullish momentum. The current bearish sentiment is fueled by weak US job market data and rising concerns over massive capital expenditure within the artificial intelligence sector.Regardless of whether Bitcoin’s slump was triggered by macroeconomic shifts,…

Whoopi Goldberg is peeling back the curtain on her love life after three divorces. “I’m not good at relationships because you have to think about other people, and I have enough to think about with my daughter and her husband and my grandkids and my great-grandkids and all the people at work,” Goldberg, 70, told Interview Magazine on Wednesday, February 4. She continued, “In the last 25 years, I recognized that not everybody’s cut out to be in a relationship. Some people are just cut out to be one-night stands. I don’t want to live with anybody. I lived with…

The Economic and Financial Crimes Commission (EFCC) on Thursday arraigned Armayau Bichi, a former Vice Chancellor of the Federal University Dutsinma, on kickback and bribery charges involving N19.7 million. EFCC arraigned Mr Bichi alongside two co-defendants, Lawal Mani and Aliyu Jari, before the Katsina State High Court in Katsina on Thursday. They were arraigned on five countsto which they pleaded not guilty. According to a statement by the anti-corruption agency, Mr Bichi received the bribes from his university’s contractors through his two co-defendants, while he was in office as vice chancellor. In one of the charges, the EFCC alleged that…

Ademola Lookman has opened his goal-scoring account for Atlético Madrid in spectacular fashion. The 28-year-old on Thursday found the back of the net as the Spanish side stormed into a 3-0 first-half lead in their Copa del Rey quarter-final clash against Real Betis. The Nigerian international, who recently completed a move from Atalanta, needed just 37 minutes to mark his debut with a composed finish that sealed a dominant first-half display. Atlético Madrid went into the break 3–0 up, with earlier strikes from Dávid Hancko in the 12th minute and Giovanni Simeone in the 30th. Lookman’s goal capped a relentless…