Author: News Room

FCA on Exchanges, Staking, and DeFi

The United Kingdom is taking a decisive step toward fully regulating its crypto market. This week, the Financial Conduct Authority (FCA) launched a wide-ranging consultation outlining proposed rules for crypto exchanges, staking services, lending platforms and decentralized finance. The proposals follow new secondary legislation from the UK Treasury that formally brings crypto activities into the country’s financial services framework, with a target implementation date of Oct. 25, 2027.In this week’s episode of Byte-Sized Insight, Cointelegraph explored what this consultation signals for the UK crypto market and how industry leaders are interpreting the regulator’s direction. We spoke with Perry Scott, head…

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Nick Reiner Would Interrupt Mom’s Yoga Classes With Meltdowns

Nick Reiner’s former yoga teacher has claimed Nick would regularly interrupt his mother Michele Singer Reiner’s classes with “an intense issue or meltdown” when he was a child. Speaking to People on Friday, December 19, instructor Alanna Zabel recalled Nick, 32, making Michele’s yoga sessions difficult when she taught the family (Zabel was the Reiner family’s yoga instructor until 2010.) Zabel told the outlet Nick “was notorious” for interrupting the class with drama, which she claimed made things hard for Michele, 70. “We never could get through one single yoga session without Nicky barging in and having an intense issue…

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Tinubu arrives Maiduguri to inaugurate projects, attend Ali Modu Sheriff son’s wedding

President Bola Tinubu on Saturday arrived in Maiduguri, Borno, to inaugurate key development projects and attend the wedding of the son of the former Governor of the state, Sen. Ali Modu Sheriff. The News Agency of Nigeria (NAN) reports that the president’s aircraft touched down at the General Muhammadu Buhari International Airport, Maiduguri, at about 12:55 p.m. He was received by Governor Babagana Zulum of Borno State, Governor Dikko Radda of Katsina State, Amadu Fintiri of Adamawa State, Governor Sheriff Oborevwori of Delta State, and other senior government officials. Shortly after arrival, Mr Tinubu inaugurated the newly constructed airport’s extension…

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‘Nnamdi Kanu’s trial, calculated effort to force conviction in absence of law’ – Defence team

The Mazi Nnamdi Kanu Global Defence Consortium has described the trial of the Indigenous People of Biafra, IPOB, leader as a calculated effort to force conviction in  the absence of law. The consortium, a group of lawyers fighting for the freedom of the pro-Biafra agitator, made the claim in a statement signed by  Barrister Onyedikachi Ifedi. According to the statement, the Nigerian government prosecution lawyers “engineered a trial without law” in Kanu’s case. Kanu was on November 20, 2025 sentenced to life imprisonment by an Abuja Federal High Court presided by Justice James Omotosho, following his conviction on terrorism charges. The IPOB…

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Leadership crisis: NLC backs Wellington as Labour Party leader in Rivers

The Rivers State Council of the Nigeria Labour Congress, NLC, has formally declared its support for the Interim State Working Committee of the Labour Party in Rivers State, led by Gogo Wellington. The endorsement was given by the Rivers State Chairman of the NLC, Comrade Alex Agwanwor, during a courtesy visit by the Labour Party’s Interim Executives to the NLC Secretariat in Port Harcourt on Friday. Agwanwor stated unequivocally that the Interim State Working Committee led by Wellington is the only recognized leadership of the Labour Party in Rivers State, stressing that no other group can legitimately claim the party’s…

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Police arrest suspected armed robber, recover firearms in Ogun

The Police in Ogun State have arrested a suspected armed robber identified as Adenekan Segun, popularly known as Expensive, in the Abeokuta area of the state. The arrest was announced in a statement signed by the Command’s spokesperson, Oluseyi Babeseyi, and made available to DAILY POST on Saturday. According to the statement, the suspect was arrested following credible information that he allegedly brandished two pump-action firearms during a minor disagreement with a person. Upon the information operatives of the anti-robbery squad, from the State Criminal Investigation Department, SCID, swung into action leading to his arrest and the recovery of two…

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EPL: Emmanuel Adebayor names greatest African player

Former Arsenal and Manchester City star,  Emmanuel Adebayor, has named the greatest African player to have played in the Premier League. According to him, Mohamed Salah of Egypt is ahead Ivorian and former Chelsea attacker, Didier Drogba, in this ranking. Speaking to Viaplay Premier Sunday, the former Tottenham and Real Madrid striker also hailed Al Nasir forward, Sadio Mane and former Ghana International Michael Essien as legends. Adebayor said that he can travel 10 hours just to watch former Manchester City star, Riyad Mahrez and former Bolton Wanderers and Nigerian midfielder, Austin Jay Jay Okocha. He noted that Kolo Toure, Mikel…

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Court convicts Nigerian of .5m charity fraud in US

A 32 years old Nigerian national, Olusegun Adejorin, has been convicted of defrauding two charitable organisations of more than $7.5 million and faces a maximum of 20 years in prison, the U.S. Department of Justice (DOJ) said. According to a DOJ press release cited by PUNCH Online on Saturday, Adejorin, who was extradited from Ghana, was found guilty of wire fraud, aggravated identity theft, and unauthorised access to a protected computer after a six-day trial in Maryland federal court. The DOJ said Adejorin targeted a charity in Maryland and another in New York between June and August 2020. He allegedly…

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Ogun police arrest robbery suspect and recover firearms

Men of the Anti-Robbery Squad, State Criminal Investigation Department of the Ogun State Police Command, have arrested a suspected armed robber, one Adenekan, popularly known as “Expensive.” Recovered from the alleged armed robber were two pump-action firearms, following credible intelligence. The spokesman for the state police command, DSP Oluseyi Babaseyi, disclosed this in a statement made available to journalists on Saturday. Babaseyi disclosed that “On Sunday, 14th December 2025, actionable intelligence indicated that the suspect was unlawfully in possession of pump-action firearms. “He was alleged to have brandished the weapons during a minor disagreement with a person. “The operatives acted…

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Jake Paul eyes cruiserweight switch after Joshua KO loss

Jake Paul has made his next move clear after suffering a sixth-round knockout at the hands of former heavyweight world champion, Anthony Joshua, announcing intentions to target the cruiserweight division despite the punishing defeat. The YouTuber-turned-professional boxer absorbed heavy punishment in Miami before Joshua delivered a clean right hand that ended a one-sided bout in the sixth round. Paul was knocked down four times before the referee waved off the contest. The damage was immediate: he was diagnosed with a double broken jaw and transported straight to a hospital, missing the post-fight press conference entirely. Despite the brutal ending, Paul…

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