Author: News Room
Cryptocurrency exchange Crypto.com is building an internal market-making team as part of its expansion into prediction markets, a move the company says is fully aligned with federal regulations and intended to improve liquidity, even as market-making in outcome-based trading continues to draw scrutiny.Bloomberg reported Tuesday that the exchange is recruiting for a new role on its market-making desk, citing a job posting for a “quant trader” who would help buy and sell contracts tied to the outcomes of sporting events on Crypto.com’s prediction platform. Source: BloombergThe report has drawn attention to the practice of exchanges facilitating trading against customer orders,…
Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! No matter where you live in the country, you’ll need some sort of extra layer to stay warm in the winter. For those who deal with dramatic temperature drops, a puffer jacket or coat will serve them well. Others might prefer a simple puffer vest, but one fact remains the same: a piece of puffer outerwear is a smart pick for anyone. The best puffer vests, jackets and coats are quilted, padded pieces that have intentional stitching to create sections…
The 2026 proposed budget has passed second reading at the Senate. The senators voted to pass the budget after debating its general principles during plenary on Tuesday. The appropriation bill seeks to authorise the issuance of the Consolidated Revenue Fund of the Federation of N58.4 trillion (₦58,472,628,944,759) for the 2026 fiscal year. President Bola Tinubu presented the N58.4 trillion budget to a joint session of the National Assembly last Friday. The budget is christened ‘Budget of Consolidation, Renewed Resilience and Shared Prosperity’. It was read for the first time on the same day. Based on the parameters and fiscal assumptions,…
The Nigerian Civil Aviation Authority (NCAA) says it carried out an inspection of the Abuja operations of three domestic airlines on Monday, following multiple complaints about poor passenger handling and non-compliance with consumer protection regulations at the Nnamdi Azikiwe International Airport. The affected airlines are XE jet, Rano Air, and United Nigeria Airlines. Michael Achimugu, Director of Public Affairs and Consumer Protection at the NCAA, disclosed this on Tuesday on his official page on X, saying the intervention became necessary after reports emerged that passengers were left stranded during flight disruptions without timely information, refreshments, or adequate support. “While we…
Former President Olusegun Obasanjo. The long and short of this intervention is that there is democratic apologia in Nigeria, by which is meant that the notion of democracy in the country is not something that the majority can relate to. To the extent that Baba Obasanjo is the leading voice on the strangeness and utter irrelevance of the reigning idea of democracy, and given his status as an individual republic within the Republic, as well as the advantage of ample resources, he can lead the process of a junctural interrogation of the concept of democracy. The gap between democracy and…
The Federal Capital Territory Administration, FCTA, has introduced four dedicated phone lines for residents of the Federal Capital Territory, FCT, to report waste that has not been cleared. The initiative is designed to tackle the increasing waste management challenges in the FCT and to ensure that sanitation contractors carry out their responsibilities promptly and effectively. According to the Senior Special Assistant to the FCT Minister on Public Communications and Social Media, Lere Olayinka, residents are encouraged to forward photos and video evidence of uncollected refuse to the designated numbers via WhatsApp. He emphasized that submitters should clearly indicate the location…
The All Progressives Congress, APC, in Ebonyi State has fixed January 25, 2026 for the party’s primaries for the forthcoming local government chairmanship and councilorship elections in the state. The state chairman of the party, Chief Stanley Okoro Emegha, disclosed this to journalists in Abakaliki after a State Executive Council meeting on Monday. He advised political appointees who want to contest the elections to resign in line with Governor Francis Nwifuru’s directive last month. “The primary election for both councillorship and chairmanship will hold on January 25, but the processes will commence earlier in January,” he added. “If you are…
The Delta State Police Command has arrested 13 suspected members of a cult group and recovered several firearms and other dangerous items. The suspects were arrested during an initiation ceremony at the Ekraka Community forest in Kokori on Saturday. The operation carried out late-night during a tactical operation in Ethiope East local government area of the state followed credible intelligence that members of the Aiye Confraternity, also known as Black Axe, were planning an initiation. Police, operatives of the Quick Response Squad, led by its commander, SP Collins Achem, were swiftly deployed to the area to prevent the gathering. The…
Nigeria will open their 2025 Africa Cup of Nations, AFCON, campaign with a fixture against Tanzania on Tuesday evening. The Super Eagles are looking to bounce back from their failure to qualify for the 2026 World Cup at the tournament. Eric Chelle’s men are also in the hunt for their fourth continental title. This is the first time both teams are facing each other since 1980, so there is not a lot of history between them. The Taifa Stars are making their fifth appearance at the AFCON, while Nigeria finished as runners-up in the last edition. DAILY POST will bring…
The Nigerians in Diaspora Commission has clarified the circumstances surrounding Suleimon Olufemi, a Nigerian who has been on death row in Saudi Arabia for more than 20 years. NIDCOM explained that efforts by Nigerians in the diaspora and local stakeholders helped secure the payment of the required blood money for his potential release, with contributions from Lagos State Governor Babajide Sanwo-Olu and son of President Bola Tinubu, Seyi. The commission’s statement was issued in response to a Monday open letter from Amnesty International addressed to President Tinubu, which called for urgent intervention in Olufemi’s case. Amnesty described Olufemi’s ordeal, arrested…
