Author: News Room

Asian markets went into the Christmas break Wednesday on a mixed note as investors struggled to track a record day on Wall Street fuelled by forecast-topping US economic data. After a healthy start, regional stocks stuttered into the close, although gold topped $4,500 for the first time amid US military and economic pressure on Venezuela. Traders in New York pushed the S&P 500 to an all-time high in response to figures showing the world’s top economy expanded 4.3 percent in the third quarter, the fastest pace in two years and much quicker than expected. The report, which was boosted by…

A Federal High Court in Lagos on Tuesday granted the request of the Attorney-General of the Federation to remand a Nigerian, Lawrence Folawunmi, who is wanted in the United States of America over alleged email compromise, aiding and abetting wire fraud, and wire fraud involving about $1.24m. Justice Akintayo Aluko, who presided over the matter, ordered Folawunmi’s remand following an application filed under the Extradition Act (Cap. E25), Laws of the Federation of Nigeria 2004, and moved by a lawyer from the AGF’s office. The defendant was arrested by officers of the Interpol Unit, Force Criminal Investigation Department, Alagbon-Ikoyi, Lagos,…

The immediate past president of the Institute of Chartered Accountants of Nigeria and grand patron of ICAN Mowe District, Davidson Alaribe, has urged the Federal Government to ensure that Nigerians enjoy the dividends of the taxes they pay as it begins the implementation of the new tax law. Alaribe made the call at the end-of-year party of ICAN Mowe and District at its permanent site along the Lagos-Ibadan Expressway on Saturday. Alaribe noted that although the new law aims to bring all taxable Nigerians into fulfilling their civic responsibilities, such patriotism must be matched by the government’s provision of essential…

Bottom-placed Bundesliga side Mainz 05 are considering a January move to bring back Nigeria striker Taiwo Awoniyi as they seek to bolster their attack, PUNCH Sports Extra reports. Awoniyi, who spent the 2019/20 season at Mainz on loan from Liverpool, could also be set for a reunion with former Union Berlin head coach Urs Fischer. The coach also joined the club earlier this month. The 27-year-old has just returned from a muscle injury and featured for 19 minutes in Nottingham Forest’s 1–0 defeat to Fulham on Monday night. It has been a difficult campaign for the Nigerian forward, who has…

The National Film and Video Censors Board has defended its approval of the Nollywood film A Very Dirty Christmas, saying the title was cleared after a thorough review that found it did not insult or trivialise the Christian faith. The Executive Director of the NFVCB, Dr Shaibu Husseini, gave the clarification on Wednesday via a series of posts on X, following public criticism of the film’s title by Christian groups. Husseini said the film, including its title, was approved after regulators considered the narrative context and the creative intent of the producers. According to him, the board interpreted the title…

It’s a good thing that we already know a second season of Pluribus is on the way. Because the season finale for the show — a sci-fi drama on Apple TV, helmed by Breaking Bad creator Vince Gilligan — made it clear that things are just getting started. The episode brought together a number of significant threads but, more importantly, opened up potentially explosive (literally) new lines of inquiry for what comes next.Spoiler to follow for the first season of Pluribus.First, a little reminder of how we got here. The inciting incident of Pluribus was the release of a virus…

Ethena’s synthetic dollar USDe has shed about $8.3 billion in net outflows since the major liquidation event on Oct. 10, as confidence in leveraged and synthetic collateral structures continues to weaken.According to a report from 10x Research, the October sell-off marked a turning point for the crypto market, flipping the bull phase into a period of deleveraging. The crash erased an estimated $1.3 trillion in crypto market value, nearly 30% of total capitalization at the time.Ethena USDe (USDe), which relies on synthetic collateral and hedging mechanisms rather than traditional fiat reserves, faced a “sharp loss of confidence” under these conditions,…

Many stars went to the chapel and said “I do” in 2025. Some of the biggest weddings of 2025 so far has been Demi Lovato and Jordan Lutes’s nuptials on May 25 at an estate in Santa Barbara. Another contender for wedding of the year goes to Amazon founder Jeff Bezos and journalist Lauren Sanchez who tied the knot in Venice, Italy, on June 27. Thank You! You have successfully subscribed. Selena Gomez, meanwhile, wed music producer Benny Blanco in September. The following month, Rainey Qualley married longtime partner Anthony Wilson on Halloween, while Michael J. Fox‘s son, Sam Fox, announced…

Tunisia sit top of Group C after Matchday One of the TotalEnergies CAF Africa Cup of Nations (AFCON) Morocco 2025, edging ahead of Nigeria on goal difference following an assured 3–1 win over Uganda on Tuesday. Both teams opened their campaigns with victories, but while Nigeria were made to dig deep against Tanzania, Tunisia delivered one of the most controlled performances of the tournament’s opening days, underlining their early title credentials. At the Annex Olympic Stadium of the Prince Moulay Abdellah Sports Complex in Rabat, the Carthage Eagles took charge early against Uganda. Their dominance was rewarded in the 10th…

Super Eagles coach, Eric Chelle, has called for improvements despite Nigeria’s 2-1 victory over Tanzania in their opening match of the 2025 Africa Cup of Nations (AFCON). Chelle said the team created several chances, especially in the first half, but admitted mistakes in the second half allowed Tanzania back into the game. He noted that the opening win was encouraging but insisted the team must show greater discipline and control as the tournament progresses. “At this level, small details decide games. We played well, but we must reduce our mistakes, especially against stronger opponents,” Chelle said. He said the encounter…