Author: News Room

Hamilton ETFs filed a preliminary prospectus in Canada for an actively managed Bitcoin income exchange-traded fund (ETF) that would use leverage and short-term options strategies to generate yield alongside Bitcoin exposure.The proposed Hamilton Enhanced Bitcoin DayMAX ETF would use covered-call strategies and leverage capped at roughly 25% of net asset value. The strategy is designed to generate income by collecting premiums from short-term options contracts tied to Bitcoin (BTC) price movements.The fund is intended to combine Bitcoin exposure with monthly income generation. The company said the ETF would seek listing approval on Cboe Canada under the ticker symbol BDAY.Hamilton ETFs said…

President Donald Trump isn’t mourning the end of The Late Show With Stephen Colbert. A day after the final episode of the late night talk show aired, Trump, 79, responded to its end by sharing an AI-generated video of himself and Colbert, 62, via X. In the video shared on Friday, May 22, an AI version of Trump approached an AI version of Colbert on The Late Show and grabbed him by the shoulders. Trump then picked up Colbert and threw him in an on-stage dumpster. Trump closed the dumpster’s lid with Colbert inside, then smirked and began dancing. The…

Some journalists returning to Lagos from a health reporting workshop organised by the Centre for Journalism Innovation and Development (CJID) were among dozens of passengers stranded for several hours on Thursday following prolonged flight delays and logistical problems involving United Nigeria Airlines and Air Peace at the Nnamdi Azikiwe International Airport, Abuja. The journalists had attended a two-day workshop on investigative health reporting held in Abuja between 19 and 20 May. Thursday’s disruption began when passengers booked on United Nigeria Airlines flight UN0505 from Abuja to Lagos, scheduled for 9:00 a.m., arrived at the airport only to discover that the…

Nigerian billionaire businessman, Femi Otedola, has described the industrial projects of Aliko Dangote as a turning point in Nigeria’s economic history, saying the businessman had delivered the country and Africa from “economic slavery.” Mr Otedola made the remarks during a tour visit by the management team of First HoldCo to the Dangote refinery in Lagos on Wednesday. The event was attended by senior executives and associates of the Dangote Group, where he praised the scale and ambition of the Dangote refinery and fertiliser projects. “What you’ve done is you’ve delivered us from economic slavery in Africa,” Mr Otedola said while…

The federal government has commenced the distribution of Comprehensive Emergency Obstetric and Newborn Care equipment to 251 health facilities across 30 states to strengthen maternal and newborn healthcare services nationwide. The equipment, valued at about $200,000 per state, was unveiled on Friday in Abuja at an event organised by the Federal Ministry of Health and Social Welfare under the Sector-Wide Approach initiative. The initiative is aimed at reducing maternal and newborn deaths and improving access to quality emergency healthcare services across the country. Speaking at the unveiling, the Coordinating Minister of Health and Social Welfare, Muhammad Pate, said no fewer…

The Osun State chapter of the Nigeria Association of Women Journalists, NAWOJ, has called on political parties to ensure greater inclusion of women in nominations for National Assembly, House of Representatives and House of Assembly seats ahead of the 2027 general elections. The association made the call as political parties across the country embark on primary elections ahead of the next electoral cycle. In a statement jointly signed by the Osun NAWOJ Chairperson, Abisola Ariwodola, and Secretary, Oluwaranti Ojewumi ok Saturday, the association said it had observed low female representation in recent party primaries within the state. NAWOJ noted that the…

President Bola Tinubu recorded a landslide victory on Saturday in the All Progressives Congress, APC, presidential primary election held at Ward L2 in Eti-Osa Local Government Area of Lagos State, where he polled 4,996 votes. The exercise took place at Ireti Nursery and Primary School, Mekwen Street, off Queens Drive, Ikoyi, Lagos, with party members turning out in large numbers for the direct primary election. The APC presidential ticket for the 2027 general election is being contested by the incumbent President Bola Tinubu and businessman Sterlyn Osifo, prompting the party to organise a direct primary to select its flagbearer. Voting began early…

Several terrorists have been killed after troops carried out a fighting patrol operation in Tsafe Local Government Area of Zamfara State.The operation, according to a post shared on X on Saturday by security analyst, Zagazola Makama, was conducted by troops of the 1 Brigade Quick Reaction Force (QRF) under Operation FANSAN YANMA. The troops reportedly acted on intelligence about the presence of terrorists around Yan Doto village on May 22 at about 10:00 a.m. Security sources said the soldiers quickly moved into the area and made contact with suspected terrorists at Yanware community. During the exchange of gunfire that followed,…

Nigerian youngster David Temidayo Olorunfemi has joined Finish giants HJK, DAILY POST reports. Olorunfemi, who signed a two-year contract with an option to extend by a further year, joined HJK from Tripple 44 Football Academy in Nigeria. HJK beat clubs from Sweden and Denmark to the signature of the youngster. The 18-year-old arrived Helsinki last weekend and had a few days to get to know the new environment before signing his contract. Olorunfemi is looking forward to a successful stay at the club. “It feels great to come here, this is a great opportunity for me. Striving towards domestic success…

The Independent Corrupt Practices and Other Related Offences Commission has defended its decision to deny leaders of the African Democratic Congress access to former Kaduna State Governor, Nasir El-Rufai, insisting that the action was in compliance with a subsisting court order. The ICPC spokesman, John Odey, disclosed this to PUNCH Online on Saturday while reacting to allegations by the ADC that its leaders were harassed and denied access during a visit to the former governor on Friday. According to Odey, the commission had formally replied to the ADC after receiving a letter requesting permission for some party leaders to visit…