Author: News Room
Nigeria’s 25 per cent increase in non-oil exports in 2025 underscores the expanding influence of informal trade in supporting economic growth, with the African Development Bank projecting that greater formalisation could accelerate expansion through improved productivity, writes ARINZE NWAFOR Nigeria’s non-oil exports rose to $9.32bn in 2025, representing a 24.93 per cent increase from the $7.46bn recorded in 2024, as the country intensified efforts to diversify export earnings and capture greater value from informal trade activities across the economy. Data obtained from the Central Bank of Nigeria’s Q4 2025 Statistical Bulletin showed that the country’s non-oil export basket recorded broad-based…
Super Eagles winger Ademola Lookman is reportedly open to joining Turkish champions Galatasaray, provided the club can reach an agreement with Atlético Madrid over a transfer fee. According to reports in Turkey, Galatasaray have stepped up their interest in the Nigerian international as they prepare for the 2026/27 season, with fellow Super Eagles star Victor Osimhen said to be playing a key role in the pursuit. Osimhen, who has been strongly linked with a permanent move to the Istanbul club, is reported to have spoken with Lookman about the prospect of joining him at Galatasaray. The Turkish champions are keen…
New Mexico is the latest US state to be pulled into the Commodity Futures Trading Commission’s legal fight for its jurisdiction over prediction markets after the state sued Kalshi for allegedly offering illegal sports betting.The CFTC said on Friday that it sued New Mexico Governor Michelle Lujan Grisham, state Attorney General Raúl Torrez, and members of the New Mexico Gaming Control Board in federal court “to block the state’s efforts to apply state gaming laws against CFTC-registered contract markets.”New Mexico sued Kalshi on June 4, arguing the company is offering sports betting to residents without a license and that its…
Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Wardrobe panic is real — but add in warmer temps and the pressure to find something that makes you feel cool, calm and confident can be even more of a struggle. You want something feminine and pretty for vacation or Saturday morning farmer’s markets, but the thought of squeezing into something tight in 90-degree heat makes you want to cancel the whole trip. Enter the Prettygarden Flowy Maxi Dress. It has quietly become a summer obsession on Amazon with over…
For the next six weeks, millions of football fans across the globe would be glued to their television sets at home and in sports bars, etc., and to streaming devices to watch another quadrennial contest of the beautiful game, organised by FIFA. The present spectacle kicked off in Mexico last Thursday, which co-hosts the tournament with the United States of America (USA) and Canada. In the opening game, Mexico thrashed South Africa 2-0. This Mundial is the first of its kind in terms of organisation, representation and scale. From its usual 32-team format, this year’s tournament has been expanded to…
The first thing that hits visitors to the Oja Agbe Market in Ifo, Ogun State, is the suffocating stench from a towering dumpsite that looms over traders, buyers and residents. As residents and traders raise fears of food contamination, recurrent disease outbreaks and deadly accidents linked to the refuse-filled road, the market has become a symbol of a community trapped between neglect and survival, UTHMAN SALAMI writes It was a rain-soaked Saturday, May 29, 2026, when this reporter visited the popular farmers’ market in Oja Oba along Sholu-Kajola Road in the Ifo Local Government Area of Ogun State. As heavy…
A 22-year-old man, Abdulmalik Bakare, and two other persons have been reportedly killed by suspected cultists who invaded the Oreta community in the Ikorodu area of Lagos State. The father of the deceased, Tunde Bakare, said in an interview with PUNCH Metro on Sunday that the incident occurred on Wednesday. According to him, six suspects have been arrested in connection with the case. He said, “The Divisional Police Officer said he would ensure that the case is thoroughly investigated.” When our correspondent visited the community on Sunday, an eerie calm hung over the area. PUNCH Metro gathered that the attack…
As Nigeria marks another Democracy Day, I join millions of citizens in celebrating our democratic journey and our nation’s resilience. This occasion provides an opportunity not only to reflect on our progress but also to express our hopes for the future of the country we all love. Mr President, many young Nigerians believed in your leadership long before you assumed office. One of the qualities that distinguished you from many political leaders was your ability to build people. Across various sectors of national life, you have raised men and women who have become leaders in their own right. Leadership, after…
As part of activities marking the 2026 World Environment Day, Rite Foods Limited has engaged students in practical environmental education, tree-planting, and recycling awareness programmes across Lagos and Ogun states, reaffirming its commitment to environmental sustainability and climate action. The firm brought together students, teachers, and community stakeholders at Opebi Senior Grammar School, Ikeja, Lagos, and Moslem Primary School, Ososa, Ogun State, to promote environmental responsibility, sustainable living, and circular economic practices among young people. The company announced this in a statement on Saturday obtained by The PUNCH. According to the statement, the initiative featured interactive sustainability sessions with students…
With the qualifying rounds of the 47th Central Bank of Nigeria Senior Tennis Championship concluded at the Package B courts of the Moshood Abiola National Stadium, Abuja, attention now shifts to the main draws, which begin today. According to the draws released by the organisers, players from the national rankings, successful qualifiers and wildcard entrants will compete in the men’s Round of 64 and women’s Round of 32. In the men’s singles category, Abua Cannice is the top seed, while Adeleye Daniel is seeded second. Michael Emmanuel is seeded third, Danjuma Lucky fourth, Mohammed Musa fifth and Sani Inabo Yahaya…
