Author: News Room
Rising oil prices since the US-Israeli war have been a consistent weight on the price of Ether for the last three months, according to Fundstrat co-founder Tom Lee. “If one is wondering why Ethereum has been under selling pressure … to me, rising oil prices is the biggest headwind,” Lee said on X on Monday.Lee said the inverse correlation between Ether prices and oil is at a record high. Crude oil prices have surged 66% from $65 to more than $100 per barrel since the US-Israeli war began on Feb. 28. They spiked again on Monday, with WTI hitting $108 and Brent…
Miranda Lambert and Brendan McLoughlin‘s chemistry was undeniable at the 2026 Academy of Country Music Awards. While the couple did not walk the red carpet ahead of the Sunday, May 17, ceremony at the MGM Grand Garden Arena in Las Vegas, they were seen looking loved-up at the same table as breakout star Ella Langley during the Prime Video broadcast. McLoughlin, 34, leapt to his feet and began clapping when Langley’s hit song “Choosin’ Texas,” which Lambert, 43, cowrote and produced, received the award for Single of the Year, marking Lambert’s 20th career ACM win. The couple also posed for…
Governor Seyi Makinde of Oyo State says seven teachers were abducted during the attack on schools in Oriire Local Government Area of the state, adding that one of them has been killed by the assailants. Speaking during a press briefing on the incident, Governor Makinde said intelligence received by the government indicated that the victims included school teachers, while confirming that one of them, identified as a mathematics teacher, was killed after a video surfaced showing the development. “What we know right now is that seven teachers were abducted. And unfortunately, we got a video this morning that one of…
Nigerian stocks continued their upward trajectory last week as the benchmark index expanded by 2.3 per cent, taking the year-to-date yield of the market to 60.9 per cent. Industrial goods stocks were the main driver. “Investors are expected to continue positioning in response to ongoing Q1:2026 earnings releases, while dividend considerations should remain a key driver of portfolio rotation across major sectors of the market,” analysts at Meristem Securities said in their outlook for the week. This week, investors will be on the lookout for the outcome of the Central Bank of Nigeria’s monetary policy committee meeting, which could shape…
Islamic cleric, Sheikh Ahmad Gumi, has warned against the involvement of the United States in Nigeria’s fight against terrorism, saying such a move could attract international terror groups into the country.Gumi, in a Facebook post on Monday, said Nigeria’s sovereignty “is a red line” and argued that the country’s military is capable of handling insecurity if operations are carried out without “prejudices and deception.”The cleric dismissed claims that the military had been prevented from confronting bandits and Boko Haram insurgents due to amnesty initiatives, describing such allegations as “false and malicious.”According to him, Boko Haram has remained active nearly 17…
The former governor of Kano State and chieftain of the Nigeria Democratic Congress (NDC), Senator Rabiu Musa Kwankwaso, has spoken on issues of political betrayal, insecurity, education and past political confrontations during a two-hour media chat held in his Kano residence on Sunday. Speaking during a media chat monitored by DAILY POST, Kwankwaso expressed disappointment over what he described as political betrayal by some trusted allies.” Responding to a question on comments attributed to the current Kano governor, ABBA Yusuf, concerning political defections, Kwankwaso dismissed the issue. Kwankwaso replied with a hausa proverb, “ina ruwan jaka da inda aka ajiye ta”…
Armed bandits have launched a fresh attack on rural settlements on the western outskirts of Musawa town in Katsina State, forcing residents to flee their homes and rustling large numbers of livestock in a renewed wave of insecurity in the area. The incident, which occurred on Sunday, was confirmed in a post shared on X by a northern security analyst and crisis reporter, Bakatsine, who has been tracking security incidents across the North-West region. According to him, the attackers invaded multiple rural communities in Musawa Local Government Area, shooting sporadically and forcing residents to abandon their homes in panic. He…
Kun Khalifat FC Chairman, Michelle Amaefula, is anticipating a tough battle against Wikki Tourists in their last match of the 2025-26 Nigeria Premier Football League, NPFL, season. The Owerri-based club will lock horns with Wikki Tourists at the Dan Anyiam Stadium this weekend. Kun Khalifat FC must record a win in the encounter to maintain their top-flight status. Amaefula expressed his team readiness for the game. “I think there will be alot of fight from Wikki Tourists,” Amaefula told Kun Khalifat FC media. “The players will be mentally prepared for the game.” Amaefula urged the club’s supporters to come out in…
Political tensions escalated within the All Progressives Congress on Sunday as several serving lawmakers who lost return tickets in the party’s primaries began pushing back against the outcomes, raising fears of fresh internal crises ahead of the 2027 elections. In Lagos, outrage followed the reported rape and killing of a sexagenarian by suspected hoodlums, while Governor Seyi Makinde confirmed that seven teachers abducted during an attack on a school in Oyo State were still in captivity after one victim was killed. Meanwhile, Alex Otti and the Labour Party distanced themselves from the sale of nomination forms announced by the faction…
The Lagos State Taskforce has confirmed the donation of safety kits to its officers by the Lagos State Security Trust Fund. The spokesperson for the Taskforce, Abdulraheem Gbadeyan, disclosed this in a statement on Sunday. According to Gbadeyan, the donated kits included protective boots and helmets. He noted that the Executive Secretary of the LSSTF, Ayo Ogunsan, disclosed that the donation was aimed at enhancing the safety and well-being of the officers. “You are awake so that others can sleep with both eyes closed. I am sure history will be kind to you for doing so at the expense of…
