Author: News Room

Cryptocurrency markets experienced another week of downside as investor activity gradually wound down ahead of the holiday period.Bitcoin (BTC) fell over 5% during the past week, dipping to a weekly low of $84,398 on Thursday, before recovering to trade above $87,769 on Friday, TradingView data shows.Crypto market volatility continues to threaten the sustainability of digital asset treasury (DAT) companies, as their longevity now depends on avoiding the multiple-to-net-asset-value (mNAV) “roller coaster,” making these firms subject to the value swings of the tokens held on their balance sheet, according to Solmate CEO Marco Santori.In the wider cryptocurrency space, the US Securities…

It’s no wonder Alex Warren’s current life has him “kissing the ground,” as he sings in his hit song “Ordinary,” given all he’s survived so far to get to this point. Appearing on the Friday, December 19, episode of the “Jay Shetty Podcast,” the “Carry You Home” singer, 25, gave a candid account of his tumultuous past. From watching his dad fight cancer and ultimately succumb to the disease when Warren was 9 years old, to navigating growing up inside an abusive home with an alcoholic mother, he faced tough situations from an early age. As he grew up, Warren…

The Pan Niger Delta Forum (PANDEF) has called on President Bola Tinubu to intensify support for the development of modular refineries in the Niger Delta, as part of efforts to expand domestic refining capacity and deliver tangible benefits to host communities. It urged the federal government to review and activate the proposed Modular Refinery Development Fund to accelerate local refining and promote inclusive growth across oil-producing areas. Chairperson of the forum, Godknows Igali, made the call during a press briefing in Abuja on Friday. PANDEF is the apex socio-political body of Nigeria’s South-South geopolitical zone, Mr Igali said recent policy…

When the 2025 Africa Cup of Nations kicks off in Morocco, the fingerprints of French football will be everywhere. From the opening group games to the business end of the tournament, Ligue 1 is set to cast the longest shadow, emerging as the single most influential league at Africa’s biggest football stage. With 51 players called up from Ligue 1 clubs alone, France’s top flight will be the most represented league at AFCON 2025, comfortably ahead of its European peers. In a tournament defined by fine margins, tactical depth and physical intensity, this overwhelming presence is more than a statistic;…

The Regional Chairman of the Church of Christ in Nations (COCIN) for Barkin Ladi Local Government Area of Plateau State, Rev. Ezekiel Dachomo, has raised the alarm over what he described as discrimination against his children, who are allegedly being denied admission into schools because of his stance on Christian genocide in the state and other parts of Nigeria. The clergyman, who raised the alarm in a statement on Friday, lamented that his children, who are qualified for admission into Nigerian universities, are being denied the opportunity, particularly in northern Nigeria, due to his outspoken position on the systemic killing…

Calvin Bassey insists the Super Eagles have the quality to emerge champions at the 2025 Africa Cup of Nations, DAILY POST reports. Bassey was part of the squad that finished second at the last edition in Cote d’Ivoire. The Super Eagles lost 2-1 to hosts Cote d’Ivoire in a keenly contested final. Éric Chelle’s men still have majority of the squad intact, and Bassey believed they have  gained enough experience to go all the way this time around. “Yeah 100%. I think the last AFCON I was 23. I have matured and a lot of the team have matured and…

An All Progressives Congress pressure group in Kwara State, the Kwara Political Leaders of Thought, has kicked against calls to zone the party’s governorship ticket ahead of the 2027 general elections, insisting that leadership choice should be based on competence rather than senatorial considerations. The group’s position comes amid growing agitation by some political leaders and groups in Kwara North Senatorial District demanding that the APC zone the 2027 governorship ticket to the area. Speaking with journalists in Ilorin on Friday, the KPLOT leader, Mohammed Mariam Alhassan, said the ideal candidate to govern Kwara in 2027 could emerge from any…

We stand today at a critical crossroads in our nation’s history. We are blessed with vast, fertile lands, a vibrant and growing workforce, and a climate that allows life to flourish. Yet, we face a paradox: a nation that can feed itself and others, still struggling with food insecurity and an economy overly reliant on a single, volatile resource. While Nigeria is the world’s largest producer of cassava, yams, and cowpea, it remains a food-deficit nation and a net importer of food and a major importer of wheat, rice, sugar and fish. The importation of these four commodities amounted to…

Tanzania’s Sports Minister has called on the Taifa Stars to make history at the 2025 Africa Cup of Nations as they seek revenge against Nigeria, 46 years after their last group-stage meeting. The two sides will clash on December 23 at the Fez Stadium in what will be only their second encounter in an AFCON group-stage fixture. Their previous meeting dates back to March 8, 1980, when Nigeria won 3-1 at the Lagos National Stadium in Surulere. Speaking during the official national flag handover ceremony in Cairo, Minister of Information, Culture, Arts and Sports Professor Palamagamba Kabudi urged the players…

Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX, argued in a Substack essay published Friday that the Federal Reserve’s new “reserve management purchases” (RMP) program is effectively a rebranded form of quantitative easing.Hayes argues that by buying short-term Treasury bills and recycling liquidity through money markets, the Fed is effectively financing government spending while avoiding the political stigma of quantitative easing, even as officials frame the program as a technical liquidity operation. “The RMP is a thinly disguised way for the Fed to cash the government’s checks. This is highly inflationary from both a financial and real goods/services…