Author: News Room

Popular Nigerian music stars, Adekunle Kosoko, widely known as Adekunle Gold, and his wife, Simi, have become parents again this time to twins. The award-winning singer shared the joyful update on his Snapchat story on Wednesday, confirming the expansion of their family. “Asked God for another child and he blessed me double,” she wrote. While the couple has not yet disclosed the gender of the newborns, the announcement has sparked an outpouring of warm wishes from admirers, fellow celebrities, and industry colleagues. Speculation had intensified in December when Simi posted a video on Instagram accompanied by the caption, “From my…

Former Manchester United striker, Michael Owen, has said that Kobbie Mainoo and Patrick Dorgu will be the happiest players after Manchester United fired Ruben Amorim. Amorim, who came in as the Red Devils’ manager in November 2024, ended his 14-month term on Monday, January 5. While the Portuguese manager was in charge of Old Trafford, he overlooked some players, and Mainoo and Dorgu were some of them. Mainoo has not started in any Premier League match this season and is unsure about his future at Manchester United. Mainoo has not spoken publicly about Amorim’s sack yet, but liked a social…

The total invoice issued by power generation companies fell by N80.56bn in the third quarter of 2025, following a reduction in energy offtake by electricity distribution companies, according to industry data. Figures released by the Nigerian Electricity Regulatory Commission in its Q3 2025 report indicate that GenCos billed N782.46bn in 2025/Q3, down from N863.02bn in 2025/Q2. This was because the DisCos reduced their energy offtake by 6.08 per cent and also contributed to a reduction in the Federal Government’s subsidy obligation, which fell to N458.75bn from N514.35bn over the same period. The report noted that the current open-ended subsidy regime…

The Oyo State Police Command, on Wednesday night, advised residents of the state to exercise extreme caution around rivers, streams, dams, swimming pools, and other water-related facilities to prevent accidental drowning. A statement released by the state Police Public Relations Officer, Olayinka Ayanlade, in Ibadan, the state capital, also admonished church owners and religious organisations, particularly those whose worship centres are located close to rivers, streams, or other natural water bodies, to take proactive safety measures during religious activities. The PUNCH reports that the advice became imperative following a series of similar tragedies recorded across the state in 2025. In…

When President Bola Tinubu assumed office in May 2023, he inherited a daunting fiscal landscape shaped by years of budget deficits, dwindling oil revenues, and an economy desperate for sustainable reform. Nearly three years into his presidency, however, the cost of governance has become increasingly tied to massive borrowing, placing profound strain on Nigeria’s economic resilience and on the daily lives of its citizens. Within this period, borrowing quickly emerged as a central pillar of the Tinubu administration’s fiscal strategy. While targeted borrowing can legitimately finance infrastructure and long-term development, Nigeria’s borrowing pattern under the current administration has drawn intense…

The mother of Super Eagles striker, Akor Adams, has been discharged from a hospital in Fez, Morocco, after she was rushed there on Monday, The PUNCH reports. Adams’ club, Sevilla, confirmed that the striker’s mum was out of the hospital on Wednesday. “Akor Adams’ mum has been discharged from the hospital and is now back home with family. Great news to hear,” the club shared via Facebook. Adams’ mother was hospitalised on Monday, before Nigeria’s 4-0 victory over Mozambique in their 2025 Africa Cup of Nations round of 16 clash, a match in which the forward scored once and provided…

Social media buzz around memecoins has jumped since the start of the year, matching the rise in market capitalization, which analysts say could mean risk appetite has returned to crypto.Several memecoins have recently posted strong gains, and a speculative rally pushed the market value of memecoins up, which caught traders’ attention and sparked a rise in crowd interest, the market intelligence platform Santiment said on Wednesday.Vincent Liu, the chief investment officer at trading firm Kronos Research, told Cointelegraph that traders are rotating back into liquidity-rich assets where reflexivity works fastest.“Memecoins offer tight narratives, deep social coordination, and immediate upside asymmetry,…

Patrick Swayze’s younger brother, Sean Swayze, has died. He was 63. Sean’s son, Jesse, confirmed to TMZ on Wednesday, January 7, that his father died late last month in Los Angeles. A death certificate obtained by the outlet confirmed that Sean suffered an acute upper gastrointestinal bleed and severe metabolic acidosis brought on by cirrhosis of the liver, which according to the Cleveland Clinic, is often caused by frequent alcohol use. In addition to Jesse, Sean is survived by his kids, Cassie and Kyle, as well as brother Don Swayze. One of Sean’s cousins, Rachel Leon, has since paid tribute…

There is cautious optimism among retailers of liquefied petroleum gas (cooking gas) as the product becomes more available, currently selling between N1,000 and N1,400 per kilogramme, depending on location and seller. A market survey by our correspondent showed that cooking gas became more accessible towards the end of 2025, unlike the severe scarcity experienced in September and October last year. Consumers in Lagos, Ogun, Oyo and other states said they purchased LPG at rates ranging from N1,050 to N1,400. Our correspondent also learnt that some major marketers sold LPG at N900 directly to consumers. To some, the current prices are…

Operatives of the Lagos State Police Command have arrested a 35-year-old woman, Modupeola Bamisade, for allegedly defrauding over 100 unsuspecting victims of more than N500m through an online gadget scam. PUNCH Metro learnt that the suspect specialised in the sale of iPhones, iPads and other Apple products, which she advertised at a 50 per cent discount to lure customers online. A police source, who spoke to our correspondent on Wednesday, said Bamisade used social media influencers to promote her supposed sales, attracting buyers who paid for the gadgets but never received them. The police alleged that the suspect thereafter resorted…