Author: News Room

Ether (ETH) dropped sharply after rejection at $2,400 last week, dropping as low as $2,100 on Monday, indicating that bears are back “in control,” according to new analysis.Key takeaways:Ether drops 12% after rejection at $2,400 as bears regain control.Binance sell pressure and ETF outflows signal weak ETH demand.Analysts warn ETH/USD could fall toward $1,700 if support at $2,000 breaks.ETH bears selling aggressivelyData from TradingView shows ETH price trading at $2,100, down 12% below its local high of $2,420 reached on May 6. On Sunday, ETH/USD hit $2,090 on Bitstamp, its lowest level since April 17.ETH/USD one-hour chart. Source: Cointelegraph/TradingViewThe bearish sentiment…

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The Senate Leader, Opeyemi Bamidele, on Monday secured his return ticket to the Senate for the third consecutive term through affirmation. Mr Bamidele was the only aspirant running for the Ekiti Central Senatorial district seat in the All Progressives Congress (APC) primaries holding today across the country. The affirmations took place in all wards across the five local government areas in the district, with members of the party voting by voice. Speaking after the exercise, Mr Bamidele said his affirmation for the second time, without any opposition, was because of the grace of God and because his time in the…

God’s word must remain the ultimate pursuit, not visions, not angels, not realms, but Him alone. Dear son and daughter of God, understand that you alone are accountable for the outcome of your destiny. If you allow your heart to be overtaken by an unrestrained desire for portals and mystical realms, and in doing so give the enemy influence over your life, you will ultimately bear the consequences of that choice. About 34 years ago, through my close association with a prophet who frequently shared accounts of his extraordinary visions and out-of-body experiences, I developed a deep desire for similar…

Anambra State Governor, Professor Chukwuma Soludo, has officially sworn in 18 commissioners recently screened and cleared by the Anambra State House of Assembly. The swearing-in ceremony took place at the Executive Council Chambers of the new Government House, also known as Light House, Awka. Addressing the newly sworn-in commissioners, Soludo emphasised that their appointments were strictly a call to rigorous work, sacrifice, and public accountability rather than personal celebration. He admonished them to immediately focus on the task of governance and reminded them that the decisions they make will directly impact the lives of over nine million residents of Anambra…

Governor Mai Mala Buni has emerged as the All Progressives Congress (APC) sole candidate for the Yobe East Senatorial District through consensus. The primary election was held on Monday at the Yobe State Arts and Cultural Centre, Damaturu, where hundreds of APC members, including Minister of Police Affairs Ibrahim Geidam, Senator Musa Mustapha, and APC State Chairman Mohammadu Gadaka, among others, attended. Senator Musa Mustapha of Yobe East Senatorial District moved the motion to adopt Governor Mai Mala Buni as the consensus candidate for the seat, while a member of the House of Representatives, Hon. Lawan Shettima Ali, seconded the…

The Economic and Financial Crimes Commission (EFCC) has commenced an investigation into two suspects arrested for allegedly failing to declare a total sum of $461,600 at the Mallam Aminu Kano International Airport. The suspects, identified as Jamilu Shuaibu Waya and Usman Namadi, were intercepted by officers of the Nigeria Customs Service, Kano/Jigawa Area Command, after arriving from Dubai aboard an Ethiopian Airlines flight ET941 on Friday, May 8, 2026. According to the EFCC, the suspects initially declared $130,000 and $180,000, respectively, at the airport’s currency declaration desk. However, a physical examination conducted by Customs officers allegedly uncovered an additional undeclared…

Lobi Stars have intensified preparations for the President Federation Cup Round of 64 clash against Kogi United. The Makurdi-based club thrashed non-league side St. Mark’s FC 6-0 in a warm-up match at the McCarthy Stadium on Sunday. The game was their first after the completion of the 2025-26 Nigeria National League, NNL, season. Lobi Stars will square up with Kogi United in Abuja on Wednesday. They are determined to make up for the top-flight promotion setback with an impressive run in the cup competition. Lobi Stars crashed out in the Round of 32 in 2025. They last won the competition in 2003…

The Nigeria Revenue Service, in collaboration with the Joint Revenue Board (JRB), has announced the implementation of a new Taxpayer Identification (Tax ID) system for all taxable persons in the country. The agency made the announcement in a public notice issued on its X handle on Monday, stating that the reform is backed by Sections 6, 7, and 8 of the Nigeria Tax Administration Act, 2025, which requires every taxable person to obtain a Tax ID. According to the NRS, the new system is designed to strengthen tax administration, improve transparency, and streamline service delivery across federal and sub-national tax…

Paris Saint-Germain forward Ousmane Dembele needs treatment for a right calf issue, the French club said Monday, ahead of the Champions League final against Arsenal later this month. The Ballon d’Or winner was substituted after half an hour during Sunday’s 2-1 Ligue 1 defeat against Paris FC “as a precaution after experiencing some discomfort in his right calf,” PSG said in a statement. “Dembele will be having treatment over the next few days,” the club added. The 29-year-old did not appear to be struggling when he left the field and boarded the team bus after the match without limping. “I think…