Author: News Room

Bitcoin’s Correction May Be Canary In Coal Mine Moment for Macro

Bitcoin’s (BTC) recent performance may be less about crypto market weakness and more about its position at the front of the risk curve. Asset management firm Bitwise said that BTC often acts as a “canary in the macro coal mine,” responding to shifts in liquidity and financial conditions before traditional markets. With equities now showing similar signs of strain, the firm sees Bitcoin’s move as part of a wider risk-off adjustment. Global liquidity and interest rates stay in focus: BitwiseBitwise said that Bitcoin and Ether reached cycle lows of $58,000 and $1,507, respectively, as other global risk assets faced mounting pressure.…

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Hugh Laurie Apologizes for ‘Drunk’ Clash With House Critic

Hugh Laurie issued an apology to a British journalist after responding to her criticism of his famed series House. “I’m sorry if people have been having a go at you because of my tweet. Not at all the plan,” Laurie, 66, shared in an X post on Monday, June 8. “I was very slightly drunk and already upset about something that had nothing to do with you.” He continued, “If it’s any comfort, I got it in the neck too. I’m a thin-skinned t***, apparently, even though it wasn’t my skin. I was sticking up for the writers who I…

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Senate passes bill to regulate cryptocurrency, safeguard investors

A bill seeking to regulate cryptocurrency, protect investors and strengthen Nigeria’s digital economy has passed second reading in the Senate. The Deputy Senate President, Barau Jibrin, who presided over the session, announced the passage of the bill during Tuesday’s plenary after a majority of senators supported it through a voice vote. After the passage, the bill was referred to the Senate Committee on Capital Market for further legislative deliberation, including a public hearing. The committee was directed to report back within four weeks. The bill, sponsored by Mr Jibrin and presented on the floor of the Senate by Tahir Monguno,…

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Freedom of choice is not treason, By Bolutife Oluwadele

The freedom of choice is not treason. Come along with me. As another election season draws near in Nigeria, familiar emotions are beginning to rise. Some are angry. Some are anxious. Some are hopeful. Some are afraid. None of these is strange in a democratic contest, especially in a society where politics is not merely about governance but also about identity, survival, memory, disappointment, and aspiration. However, there is a disturbing tendency that must be interrogated before it becomes normalised again. Some people now speak as if political disagreement is betrayal. They curse those who disagree with them. They insult…

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Nathaniel Bassey, Dunsin Oyekan, Yinka Alaseyori to headline RCCG Mega Music Festival 2.0

The Redeemed Christian Church of God (RCCG) has announced the second edition of its Mega Music Festival, describing the event as a national gathering of worship, prayer and prophetic declarations aimed at ushering in “a new season” for Nigeria. Several gospel ministers will lead worship during the festival, including Nathaniel Bassey, Dunsin Oyekan, Yinka Alaseyori, Bidemi Olaoba, and Gospel Force, as well as other worship leaders. Speaking at a press briefing on Monday, the Special Assistant to the General Overseer on Youth Affairs, Sola Olukoya, said the programme will hold on Friday, 12 June, at 8:00 p.m. at the Tafawa…

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Joy Omewa celebrates first goals for Super Falcons

Super Falcons forward Joy Omewa has described scoring her first goals for Nigeria as “a dream come true” after netting a brace in the team’s 3-0 victory over Senegal in an international friendly in Ikenne on Monday. The striker was the standout performer as Nigeria produced a dominant second-half display to defeat the Teranga Lionesses at the Remo Stars Stadium, boosting confidence ahead of the 2026 Women’s Africa Cup of Nations (WAFCON). Reflecting on her memorable outing, Omewa who plays her club football with Nottingham Forest Women’s team took to social media to express her excitement. “Super happy with the…

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Why they are kidnapping Nigerians for ransom – Akpabio reveals

The Senate President, Godswill Akpabio, on Tuesday urged Nigerians to be careful of those trying to kidnap for ransom. Akpabio disclosed that those behind kidnapping are perpetuating the activity to create an impression that Nigeria is not safe. Speaking in Abuja during the commissioning of road projects to mark President Bola Tinubu’s third year anniversary, Akpabio said some of the president’s critics have resorted to paying youths to cause mayhem. Akpabio accused Tinubu’s critics of focusing on insecurity instead of policy and infrastructure. According to Akpabio: “Minister you said that people claimed that nothing is happening in Nigeria under the administration of…

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Atiku was part of decision for rotational presidency — Nigerian govt

The Federal Government says the African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, was among the political leaders who agreed to the adoption of rotational presidency in Nigeria following the annulment of the June 12, 1993, presidential election. Secretary to the Government of the Federation, George Akume, made this known on Tuesday at a World Press Conference held in Abuja as part of activities marking Nigeria’s 27th Democracy Day Anniversary. Akume described the agreement as a tough but necessary decision to preserve national unity. Akume’s Media and Publicity Adviser, Yomi Odunuga, in a statement, said the SGF recalled that leaders…

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10 injured in Sokoto as rival communities clash over farmland

At least 10 people were injured after residents of Chirif Magaji and Chirif Dikko communities in Rabah Local Government Area of Sokoto State clashed over a disputed farmland. The two communities have reportedly been arguing over the ownership and use of the land for nearly three years, but the disagreement turned violent on Tuesday. A security source quoted by Daily Trust said the conflict is about which community has the right to farm the land. According to the source, local authorities had previously intervened and reached a peace deal that allowed both communities to share the farmland. “Earlier today, we…

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Friendly: Portugal boss Martinez braces for tough encounter with Super Eagles

Portugal head coach Roberto Martinez is bracing up for a difficult duel against the Super Eagles, DAILY POST reports. Seleção das Quinas will test their might against the three-time African champions at the Estádio Dr. Magalhães Pessoa in Leiria on Wednesday night. The encounter will serve as a test for the Europeans, who will face an African opposition, Democratic Republic of Congo in the group stage at the 2026 FIFA World Cup. Martinez labelled the Super Eagles a demanding opponent with a lot tactical flexibility. The gaffer reckoned Éric Chelle’s side will help prepare his team for the task ahead. “Against Nigeria,…

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