Author: News Room
US Federal Reserve governor Christopher Waller said Sunday that the growing use of dollar-backed stablecoins could bolster the global influence of US monetary policy.Waller told participants at the 32nd Dubrovnik Economics Conference that countries that increasingly rely on stablecoins backed by the US dollar may effectively import US monetary conditions, Bloomberg News reported Sunday.“I’ve always just looked at stablecoins as a payment instrument; there’s nothing evil about it, nothing dangerous about it,” Waller said. “They are just bringing competition into the payments world,” Reuters reported.Source: The 32nd Dubrovnik Economic ConferenceA contrary view was presented by his fellow presenter, Bank of…
Alaskan Bush People star Noah Brown has confirmed he helped recover and ID his oldest brother Matt Brown’s body after he was reported missing and feared dead. Noah, 33, confirmed to Us Weekly that he was the person to ID Matt, 43, while he also took to Instagram on the night of Saturday, May 30, to share “some bad news” with his followers. “For the past couple of days, I’ve been working with search and rescue groups trying to locate the body and today at 3:27, the group that I was working with located the missing body and I identified…
The State Security Services (SSS) has reportedly arrested five suspected arms couriers, including two foreign nationals from neighbouring Niger, over their alleged links to the Boko Haram faction responsible for the mass abduction of students from St. Mary’s Catholic School in Papiri, Niger State. PREMIUM TIMES reported that the Sadiku-led Boko Haram fighters abducted 315 students and staff from their dormitories in the sleepy town in November 2025. The Boko Haram cell was also responsible for the recent abduction of more than 40 students and teachers from three schools in Oyo State. An SSS insider told this newspaper that the…
Dangote Industries Limited has emerged as Africa’s Most Admired African Brand for the eighth consecutive year, reinforcing its dominance across industrial, sustainability and social impact rankings. The company disclosed this in a statement on Sunday, noting that the recognition was announced at the 16th annual Brand Africa 100: Africa’s Best Brands rankings, unveiled in Addis Ababa, Ethiopia. According to the company, the survey described as Africa’s most comprehensive consumer-led brand study — covered 30 countries representing more than 85 per cent of the continent’s population and economic output. Dangote emerged as Africa’s Most Admired Brand In the latest rankings, Dangote…
President Bola Tinubu has approved the recruitment of at least 1,000 forest guards and the deployment of a special rescue team following the abduction of teachers and students in Oyo State. This was contained in a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, on Sunday. The development comes after a Federal Government delegation visited the Esiele and Yawota communities in Oriire Local Government Area of Oyo State in the wake of the abduction of pupils and teachers from Community Grammar School, Baptist Nursery and Primary School, and L.A. Primary School on May 15, 2026. “As part…
Former aspirant of the African Democratic Congress, ADC, Rotimi Amaechi, has described himself as a simple politician who doesn’t steal money. Amaechi, in an interview with media personality, Chude Jideonwo, said transparency is not an easy thing when talking about corruption. He said: “I’m the simplest politician you can meet in Nigeria. When they meet me and see how simple and ordinary I am, it sweeps them off their feet. “When I say I won’t steal money, 80% of the time I’m serious. Is it easy to swear to God and say in your life you won’t steal? “Transparency is…
Enyimba forward, Nelson Sule, has declared the team’s readiness for the President Federation Cup round 32 clash against Gombe United. The People’s Elephant will do battle with Savannah Scorpions in Makurdi on Monday. Sule said that the team is focused on securing the victory in the game. “For our game on Monday, we are ready as we take the President Federation Cup 2026 one game at a time,” Sule was quoted by Completesports. “We are not under pressure but rather concentrating on working hard to win the game on Monday against Gombe United. The youngster however urged the club’s supporters…
The Nigeria Police Force has appealed to Nigerians to remain calm following reports of xenophobic attacks on Nigerians in South Africa. The Force also warned against any form of reprisal attack on South African nationals, businesses, or interests in the country. According to a statement released on Sunday via its X handle by the Force Public Relations Officer, DCP Anthony Okon Placid, the police said security and intelligence agencies had reviewed the situation and put measures in place to prevent any breakdown of law and order. According to the statement, the review followed a Joint Intelligence Board meeting held on…
The Federal Capital Territory Minister, Nyesom Wike, has said the four political parties under the “Rainbow Coalition” in Rivers State will collectively agree on a single governorship candidate ahead of the 2027 general elections, dismissing speculation that any individual has already secured the ticket. Wike said this on Saturday at a luncheon organised for coalition candidates in Port Harcourt, Rivers State, and aired by the Nigerian Television Authority. He said the alliance, comprising the Peoples Democratic Party (PDP), All Progressives Congress (APC), Labour Party (LP) and Action Alliance (AA), has yet to settle on a flag bearer, adding that the…
Super Falcons head coach, Justine Madugu, has invited captain Rasheedat Ajibade, goalkeeper Chiamaka Nnadozie and forward Asisat Oshoala in a 23-player squad for Nigeria’s upcoming international friendly matches against Senegal. According to a statement issued on Sunday by the Nigeria Football Federation’s Director of Communications, Ademola Olajire, Madugu also recalled experienced midfielder Ngozi Okobi-Okeoghene alongside forwards Francisca Ordega and Gift Monday. The coach handed opportunities to Belarus-based forward Blessing Nkor and Turkey-based midfielder Kafayat Shittu, while home-based goalkeeper Anderline Mgbechi, defender Sikiratu Isah, Rofiat Imuran and Oluwatosin Demehin were also included in the squad. Other notable names on the list…
