Author: News Room

A Warri-based lawyer, Mr Owen Nanakumor, on Friday hailed the United States (US) Army for bombing the strongholds of terrorist groups in North-West Nigeria. The legal practitioner described the presence of the US Army in the North-West region as a “welcome development.” Nanakumor made the comment during a chat with our correspondent in Warri, Delta State. He said that as the US Army continues to strike and bombard terrorist positions, it should also arrest and expose their sponsors to the world. According to him, “Yes, they are welcome. I also demand that while the US Army is striking these terrorists,…

The Lagos State chapter of the All Progressives Congress, APC, has interrogated further the independent, data-driven report of the 2023 election. It stated that without equivocation the findings offer a “sobering, factual explanation for one of the most striking paradoxes of the 2023 presidential election: Peter Obi’s near-mythical dominance in the South-East and his resounding electoral collapse across the rest of Nigeria.” Spokesman of the state arm of the party, Seye Oladejo, said “This is not political conjecture. It is mathematics, statistics, and electoral geography speaking plainly.” In a statement he signed, Oladejo said: “The study establishes that: Anambra recorded…

There was panic in Offa, Kwara state following explosions in the town on Thursday night. These explosions destroyed several properties and caused chaos. It came hours after the US launched airstrikes against ISIS targets in northwest Nigeria. The incident in Offa happened at two separate locations around midnight. The first one affected several buildings around the Eid praying ground area, while the second occurred near Solid Worth Hotel, located about a five-minute walk from the initial site. However, the exact source and nature of the explosions, has not yet been confirmed. Confirming the incident, the Chief Press Secretary to the…

Famous Nigerian musician Innocent Idibia, popularly known as 2Face or 2Baba, has made a public confession. 2Baba, who is widely documented as having children with multiple baby mamas outside his marriage, made the confession in Benin City during the MC EdoPikin Undiluted with StarBoy and Legends show. Speaking before his performance, the musician, who said he had a confession to set the record straight, revealed that he had stopped impregnating women. “But see, I get confession. I dey make this confession everywhere I go now to set the record straight. I don stop to dey do that kind of thing,…

Manchester United head coach, Ruben Amorim, has admitted Harry Maguire and Casemiro may not be at the Premier League club beyond next summer. As it stands, Maguire and Casemiro could sign pre-contract agreements with other clubs in January, before they eventually become free agents in the summer. Amorim has now hinted that a decision could be determined by if United get European football next season. “No, there is no decision,” Amorim told journalists. “We have a lot to do. We need to understand what is going to happen in the next season, because we need to understand if there is…

Former Malaysian prime minister Najib Razak was found guilty on Friday of abusing his power to plunder millions from the 1MDB sovereign wealth fund and launder the proceeds. His sentencing, expected later on Friday, is likely to heap years onto the six-year term he is already serving for a separate case related to the now-defunct state investment vehicle. Presiding Judge Collin Lawrence Sequerah convicted the 72-year-old former leader on all four counts of abuse of power, as well as all 21 counts of money laundering, involving around 2.28 billion ringgit ($554 million) from the fund. Najib, dressed in a navy…

Panic gripped residents of Offa, Kwara State, on Thursday night after explosions rocked parts of the town, destroying properties and raising security concerns, barely hours after the United States announced airstrikes against ISIS targets in northwest Nigeria. The incident, which occurred around midnight on Christmas Day, was said to have happened at two separate locations within Offa. Residents told The PUNCH that the first explosion affected several buildings around the Eid praying ground area, while the second occurred near Solid Worth Hotel, located about a five-minute walk from the initial site. It was further gathered that an undetonated explosive device…

International Money Transfer Operator inflows into Nigeria fell by 11.78 per cent in the first half of 2025 compared with the same period of last year, according to new figures from the Central Bank of Nigeria’s latest Quarterly Statistical Bulletin. An analysis of the data showed that IMTO receipts totalled $2.07bn between January and June 2025, down from $2.34bn recorded in the corresponding period of 2024. This represents a decline of about $275.93m year-on-year, showing pressure in an important non-oil foreign exchange source at a time the monetary authorities are banking on remittances to support market liquidity. A monthly breakdown…

Ambition and continental pride will be at stake on the pitch as Egypt and South Africa prepare for a highly anticipated Group B showdown at the Grand Stade d’Agadir in Morocco. The match promises to be a thrilling chapter in one of Africa’s most enduring football rivalries, CAF Online said in a preview on its website on Friday. Hugo Broos, head coach of South Africa during the 2025 Africa Cup of Nations South Africa Press Conference at Adrar Stadium in Agadir, Morocco on 25 December 2025 | CAF website The last time these two heavyweights met on the AFCON stage,…

February: The Bybit theft recenters the market on operational risk On Feb. 24, the crypto industry faced a renewed security reckoning after about $1.4 billion was stolen from Bybit, making it one of the largest exchange-related thefts on record.US authorities publicly attributed the attack to actors linked to North Korea and warned that the stolen assets would likely be laundered through a network of addresses and intermediaries.For operator-led businesses, the takeaway was not “don’t use crypto.” It was that counterparty exposure and custody decisions, including exchange risk, wallet providers, signing flows and withdrawal assumptions, can become severe operational risks overnight,…