Author: News Room

Africa has been allocated only 14 direct qualification spots for the boxing event at the 2028 Los Angeles Olympics, a reduction from the 18 slots the continent received ahead of the Paris 2024 Games, PUNCH Sports Extra reports. The allocation, confirmed by the International Olympic Committee and World Boxing, gives Africa and Oceania one quota spot each per weight category, while Asia, Europe and Pan-America receive two spots per weight class per gender. The 14 weight categories are split equally between men and women. The women’s classes are 51kg, 54kg, 57kg, 60kg, 65kg, 70kg and 75kg, while men will compete…

Vice-Chancellors and university administrators on Monday noted the need for higher institutions across the country to improve students’ welfare and learning experience, saying alumni support and endowment contributions would only thrive when graduates feel valued by their universities. The university leaders spoke at the Commonwealth Institute Universities Leaders Conference, themed “Funding and Revenue Generation for Universities,” held in Lagos. They stressed that overdependence on government subventions and tuition fees was no longer sustainable, urging universities to embrace alternative funding models such as alumni endowments, research grants, innovation commercialisation and donor partnerships. Chairman of the Nigeria Higher Education Foundation, Mr Wale…

Nathan Allman, the founder and CEO of Ondo Finance and one of the pioneers of blockchain tokenization, has died aged 32.“It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo’s founder,” Ondo Finance said in an X post on Monday. “Our hearts are with his family and loved ones.”“Nate’s brilliance, humility, and drive shaped every part of what Ondo is today,” Ondo said. “His belief in the power of technology to create a more open, accessible financial system lives on in everything we build. The impact he had on this industry, and on all of…

Jessi Draper and Marciano Brunette made their red carpet debut as a couple at the 2026 American Music Awards. Draper, 34, was joined by the Vanderpump Villa star, 33, at the awards show held at the MGM Grand Garden Arena in Nevada on Monday, May 25. The pair wore coordinated black ensembles. Draper stunned in a black gown with white ruffles at the bottom while Brunette sported a black sports coat and slacks. Brunette held the Secret Lives of Mormon Wives star close as they posed for photos. At one point Brunette gave Draper a peck on the head. Draper…

Former Vice President Atiku Abubakar has won the African Democratic Congress (ADC) presidential primary in Yobe State with 44,841 votes. Ma’am Kyari, chairperson of the electoral committee in Yobe, announced the result on Monday in Damaturu. Mr Kyari said former Transportation Minister, Rotimi Amaechi, secured 300 votes, while Mr Mohammed Hayatu -Ddeen polled 365 votes during the exercise. She declared Atiku the winner after securing the most valid votes in the primary election. “Having scored the highest number of valid votes cast, Alhaji Atiku Abubakar is hereby declared the winner of the ADC presidential primary election in Yobe State,” she…

Atiku Abubakar, former vice president, has said Nigeria has transformed from being a giant of Africa to a hunger hot spot.  He disclosed this in a statement by his spokesperson Phrank Shaibu on Monday.  He was reacting to the United Nations’ report, which showed that 35 million Nigerians could face acute hunger from next month.  According to Atiku, the UN’s report indicates a ‘catastrophic failure of the Tinubu administration.’  “This is not just another alarming statistic to be debated on television panels and forgotten by the next news cycle. This is a human tragedy of terrifying proportions. “That is more than the population…

National Chairman of the All Progressive Congress, APC, Nentawe Yilwatda, has said that there were no imposition of candidates in the party’s primary elections. The party’s national Chairman stated this on Arise News on Monday while reacting to concerns that what the party has adopted as consensus politics could push the APC towards implosion. He explained, “In the entire 36 states, we had 29 governors that were going either returning back or new people contesting for governorship in their states. We had only three consensus candidates for governorship.  “All the rest went for direct primaries. There were no impositions because anytime we…

Four people have been killed after bandits attacked Dugul community in Matazu Local Government Area of Katsina State. Details of the incident were contained in a post shared on X on Monday by security analyst, Bakatsine. According to the post, the attackers stormed the community in the early hours of the morning, shooting at residents and leaving four people dead. “This morning, bandits stormed Dugul community in Matazu LGA of Katsina State, killing 4 residents in a fresh attack. How many more lives must be lost before authorities take decisive action to secure rural communities?” Bakatsine asked. The identities of…

Benfica manager José Mourinho, was set to be announced by Madrid manager today. But according to Record, due to the elections, this has been put on hold. It is understood that everything was prepared and scheduled for Mourinho’s unveiling. However, President Florentino Pérez is facing opposition in the elections and the announcement has now been delayed. Enrique Riquelme, who is the candidate challenging Pérez in the elections, has opened his electoral headquarters in front of the Bernabéu. If not for Riquelme, Pérez would have been re-elected on Sunday and Mourinho’s appointment would have become official 24 hours later. Mourinho, who flew back to…

The decisions of the Central Bank of Nigeria’s Monetary Policy Committee continue to shape financial market dynamics, presenting a difficult balance between sustaining naira stability and stimulating economic growth. Although exchange rate stability remains the apex bank’s primary focus, the prolonged high-interest-rate environment is increasingly slowing corporate lending and credit growth, JIDE AJIA reports Following the CBN’s Monetary Policy Committee decision to halt its aggressive rate-hiking cycle, investment analysts at Meristem Securities Limited have cautioned that the broader economy faces a protracted period of tight credit. While the hold maintains the Monetary Policy Rate at an elevated 26.50 per cent,…