Author: News Room

Kian Smith FZE is set to list and trade over N21bn worth of 1kg London Bullion Market Association-certified gold bars on the floor of the Lagos Commodities and Futures Exchange. The Managing Director/Chief Executive Officer of Kian Smith, Nere Emiko, in a statement on Tuesday, said the gold bars had been certified by the LBMA for listing and trading on the LCFE. Emiko said the initial offer to be listed would be 100kg of gold bars, valued at about N21bn. She explained that the initial listing was designed to test the responsiveness of the Nigerian capital market to structured gold…

The management of Obafemi Awolowo University, Ile-Ife, Osun State, has announced that it will investigate the death of an 18-year-old medical student, Timilehin Toromade, who reportedly died in his sleep. The university disclosed this in a statement announcing the death of the Part Three medical student. In the statement signed by the institution’s Public Relations Officer, Abiodun Olanrewaju, and obtained in Osogbo, the management said Toromade was believed to have died in the early hours of Tuesday. According to the statement, Toromade, with matriculation number CLI/2022/133, may have passed away after 2 a.m., as one of his roommates reportedly opened…

Here’s the question. Should government policy be geared more toward running a prosperous economy where citizens and corporate organisations prosper and flourish, or to extract all manner of taxation from impoverished citizens, with the proceeds being used to finance social services, infrastructure and big government? This question revives the long-standing argument between those who prefer to use the private sector to provide social services and infrastructure for the citizens while also making a profit, and those who believe that the government must tax private sector players in the economy to provide services for the citizens. It’s also a reminder of…

The Lead Hospitality Consultant at Murphy’s Pro, Omoruan Murphy, has warned that declining workplace etiquette, particularly overly informal staff interactions with vendors and contractors, could damage professional relationships and weaken the industry’s reputation. According to the consultant, the Nigerian hospitality sector must reassess its staff training programmes to ensure that employees maintain professional communication standards with colleagues, vendors, and contractors. He said, “Increasing informality in workplace interactions, such as addressing external partners by first names, could undermine professional relationships, erode respect, and negatively affect the sector’s reputation. “Openness in the workplace is great, but it must be paired with discretion,”…

Super Eagles coach Eric Chelle has heaped praise on Alex Iwobi, describing the Fulham midfielder as a rare talent with an exceptional understanding of the game, PUNCH Sports Extra reports. While Victor Osimhen and Ademola Lookman have often dominated headlines, for better or worse, Iwobi has quietly delivered consistently influential performances across the three matches he has played in at the ongoing Africa Cup of Nations. Against Mozambique on Monday, Iwobi orchestrated Nigeria’s attacks, contributing to the build-up for their first three goals with perfectly timed pre-assist passes. Speaking at the post-match press conference, Chelle praised Iwobi’s vision and technical…

In September, Apple launched its latest fleet of smartwatches, including the Apple Watch Series 11, the SE 3, and the Ultra 3. Each wearable offers something a little different (their prices indicate their breadth of features), and we’re already starting to see big price drops. Additionally, we’re still recommending some recent predecessors in Apple’s portfolio, including the Series 10 and Ultra 2, for which discounts are fairly common.But with all of those options, which one should you pick? Generally speaking, you want to buy the newest watch you can afford so that it continues to receive software updates from Apple.…

Hardware manufacturer and Bitcoin miner Canaan has continued its initiative of reusing energy for commercial and consumer applications by making compute heat available for greenhouses in Canada. In a Tuesday notice, Canaan said it would participate in a 3 megawatt (MW) proof-of-concept with Bitforest Investment in the province of Manitoba to “recover heat from an Avalon computing system and use the heat as a supplemental source for greenhouse operations.” The pilot program, expected to run for an initial 24 months, will use Canaan’s liquid cooling systems to capture heat and preheat the intake water for the greenhouses, reducing the energy…

Lizzo proves time and time again that self-love never goes out of style. The singer, 37, is stepping into the new year with the same star power, serving 2026 confidence in a barely-there, nude-toned bikini. “My New Year’s resolution is to be a BITCH 🫶🏾,” she captioned her post. Lizzo went makeup-free and had her hair styled in an updo in her Instagram photos shared on Monday, January 5, rocking a strapless top with a bandeau shape, gathered at the center with a small metal accent. She paired it with a low-rise thong bottom featuring matching accents at the hip.…

The sad news coming from Edo State is that one of the two brothers abducted recently in the state has been killed by their abductors. PREMIUM TIMES earlier reported that suspected kidnappers abducted the two brothers – Abu Ibrahim Babatunde, a medical doctor, and his brother, Abu Tahir, in Auchi, Edo State, on Thursday. The abductors have reportedly killed Tahir, while his elder brother, the medical doctor, remains in captivity. Tahir’s body was discovered by a riverbank during a bush-combing operation by the police, army, local vigilantes, and hunters over the weekend. Sources said the family was still trying to…

The African Democratic Congress, ADC, has decried the continuous silence of the Nigerian government on the recent happening in Venezuela. Speaking during an interview on ‘Politics Today’, a programme on Channels Television monitored by DAILY POST on Tuesday, the National Publicity Secretary of the party, Bolaji Abdullahi, said Nigeria’s silence on the issue, which has prompted reactions from other African countries, is quite embarrassing. He said Nigeria has lost its stand as a leading voice in the West African sub-region and African continent entirely. DAILY POST reports that on Saturday President Donald Trump of the United States announced the capture…