Author: News Room
The Peoples Democratic Party in Rivers State has suspended its Caretaker Committee Chairman, Robinson Ewor, for aligning with the Minister of the Federal Capital Territory, Nyesom Wike. Ewor had recently accused Governor Siminalayi Fubara of deceiving party leaders and supporters over the political crisis that engulfed the state, saying the governor falsely created the impression that he could wrest political control from Wike, only to later abandon the party at the height of the turmoil. He also alleged that party stakeholders were misled into believing the governor was prepared for a showdown with Wike, saying its leaders were left stranded…
Nigerian Exchange Limited has announced the results of its full-year review of major market indices, a move aimed at improving market tracking, liquidity, and portfolio management for investors. The review, which took effect at the opening of trading on Friday, January 2, 2025, covers the NGX 30, NGX Lotus Islamic, NGX Pension, NGX Pension Broad Index, Corporate Governance Index, Afrinvest Bank Value Index, Afrinvest Dividend Yield Index, Meristem Growth Index, Meristem Value Index, as well as the Exchange’s five sectoral indices: Banking, Insurance, Industrial, Consumer Goods, and Oil & Gas. Following the rebalancing, Guinness Nigeria Plc was admitted into the…
Super Eagles defender Igoh Ogbu has admitted his disappointment with Nigeria’s lack of clean sheets at the ongoing Africa Cup of Nations, despite the team’s perfect group stage record, PUNCH Sports Extra reports. Nigeria finished the group phase with nine points from three matches, scoring eight goals but conceding four, a defensive return that has left Ogbu unsatisfied even as the team progressed comfortably to the knockout stage. Speaking to Ademola Victor TV, the 25-year-old centre-back said conceding a goal against an Ugandan side reduced to ten men was frustrating from a defender’s perspective. “Every defender wants to have a…
The absence of popular actress and filmmaker, Funke Akindele, at the wedding of her junior colleague, Tobi Makinde, has sparked conversations within the industry and among fans who have long associated both actors as close creative allies. Makinde recently tied the knot in a private but star-studded ceremony attended by several colleagues. However, Akindele’s absence was noticeable, particularly because of the long-standing professional and mentor-mentee relationship both actors have openly acknowledged over the years. Makinde has frequently described Akindele as his “industry mother,” crediting her with shaping his early career and offering him opportunities when he was still finding his…
Governor Chukwuma Soludo of Anambra State has reiterated his administration’s commitment to transforming the state’s education sector, with plans to recruit more teachers to improve the quality of learning across public schools. Soludo stated this on Friday during the 50th anniversary celebration of Uga Boys Secondary School, his alma mater, in Aguata Local Government Area of the state. The governor, who is a pioneer student of the school, recalled that he served as Library Prefect and later Senior Prefect before graduating in 1980. He noted that the school, formerly known as Uga Secondary School, was one of only four secondary…
Just over a year after being sentenced to five years in prison for the theft of billions of dollars in Bitcoin, hacker Ilya Lichtenstein is free. Lichtenstein announced his release in a post on X, specifically crediting Trump: “Thanks to President Trump’s First Step Act, I have been released from prison early. I remain committed to making a positive impact in cybersecurity as soon as I can.”The First Step Act Lichtenstein referenced is a criminal justice reform bill passed in 2018 during the first Trump administration and expands options for early release, such as earned time credits. A Trump administration…
Key takeaways:Bitcoin rose above $90,000, yet options data show traders are not comfortable with downside risk exposure.Bitcoin spot ETF outflows and low leverage demand suggest investors remain cautious about near-term gains.Economic uncertainty caps Bitcoin price reboundBitcoin (BTC) jumped above $90,000 on Saturday, prompting traders to question whether there is enough momentum to reclaim the $95,000 level for the first time in seven weeks. Even as the S&P 500 traded just 1.3% below its all-time high, investors grew concerned about worsening economic conditions, especially after electric-vehicle automaker Tesla (TSLA US) reported disappointing sales. Nasdaq index futures (left) vs. Bitcoin/USD (right). Source:…
The Real Housewives of New York City alum Jill Zarin isn’t afraid to admit that she filters her social media photos. “Welcome 2026!!! The best is yet to come!” Zarin, 62, wrote via Instagram on Friday, January 2, sharing a snap of herself posing on a private jet. Zarin, dressed in a white crop top with matching leggings, was all smiles from her seat while raising her hands above her head in celebration. For glam, she wore a full beat including fake lashes and shiny lipgloss — but that wasn’t the only enhancement. “Yes, Photoshop enhanced,” Zarin added in her…
The Ondo State Police Command has arrested a woman and her son for allegedly attempting to use a 10-year-old for money ritual. The command’s Spokesperson, Jimoh Abayomi, who said this on Saturday, said the suspects were arrested in Ile-Oluji. He said the woman, simply identified as Maria (53) and Adewale (28) were in the process of killing the boy for a ritual when they were intercepted and the boy rescued. He the incident occured on Saturday, 27 December 2025, adding that the victim was taken to a hospital for medical attention, Mr Abayomi explained that the breakthrough followed a credible…
Nigerian stocks posted their best outing in nearly two decades this year as the main equity index showed a yield of 51.2 per cent at market close in Lagos on Wednesday. Never since 2007, when equities returned 74.7 per cent, had the benchmark index performed that high. The inflation-beating performance stands 36.8 per cent higher than consumer inflation for November, which was 14.5 per cent. The market capitalisation of the 151 quoted stocks on the Nigerian Exchange (NGX) was valued at N99.4 trillion at the end of trade. That compares to N62.8 trillion a year earlier. The all-share index closed…
