Author: News Room
Kalshi says it’s expanding surveillance on its prediction markets platform with an independent advisory committee and partnerships to catch insider trading and market manipulation just days ahead of the Super Bowl.Kalshi said on Thursday that the committee would give a quarterly rundown to the company’s outside counsel and publish statistics on investigations into suspicious activity on the platform. It is also teaming up with crypto trading surveillance platform Solidus Labs and the director of Wharton Forensic Analytics Lab, Daniel Taylor, “to detect, investigate, and address market abuse.”The move comes three days before Super Bowl 60, one of the biggest sporting events…
A woman was fatally shot while sleeping in bed next to her 7-year-old child and husband during a home invasion, and her suspected killer is expected to enter a guilty plea. Irah Sok was killed on August 19, 2022, when her home in Washington state was allegedly targeted by Christopher Johnson. Johnson, 24, and two of his alleged cohorts entered the home around 3 a.m., and he shot Sok in the head while she was fast asleep next to her son and husband, according to the Herald of Everett. The Snohomish County Sheriff’s Office said that at the time of…
The Lagos State Government has unveiled a scheme for collecting used cooking oil from residents across the state in a move aimed at strengthening environmental protection, improving public health, and advancing climate action, while unlocking an estimated $20 million biofuel market. The initiative, driven by the Ministry of the Environment and Water Resources and the Lagos State Environmental Protection Agency, is being implemented in partnership with Ororo Waste Management and supported by the Shell Foundation. It was unveiled on Thursday at an event attended by government officials, private sector partners, environmental experts and youth representatives. Speaking at the unveiling, the…
The Kano Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arraigned a former Vice-Chancellor of the Federal University, Dutsinma, Katsina State, Professor Armaya’u Hamisu Bichi, over alleged bribery totalling N19.7 million. Bichi was brought before Honourable Justice Musa Danladi Abubakar of the Katsina State High Court on Thursday, February 5, 2026, alongside two co-defendants, Lawal Tukur Mani and Aliyu Lawal Jari. The defendants are facing a five-count charge bordering on bribery and abuse of office. The EFCC alleged that Bichi, while serving as Vice-Chancellor of the Federal University, Dutsinma, received bribes through the two co-defendants as kickbacks…
Former governor of Kogi State, Idris Wada, has appealed to all members of the ruling All Progressives Congress, APC, in the state to shun internal rivalries and embrace peace and unity. Wada who is also the Chairman of the Kogi Progressive Stakeholders Forum, KPSF, made the call at a meeting organised by the forum on Wednesday in Lokoja. While addressing the gathering, Wada advised all members of the party in the state to shun all acts of internal rivalries, stressing that only a united party can effectively support President Bola Ahmed Tinubu’s reform agenda and guarantee electoral success in 2027.…
Nigeria must urgently transition from an economy dependent on raw material exports to one driven by ideas, innovation, and the production of complex goods if it hopes to achieve sustainable growth and long-term prosperity, the Chairman of the Nigeria Revenue Service, Zacch Adedeji, has said. Adedeji made the call on Thursday while delivering the maiden Distinguished Personality Lecture of the Faculty of Administration, Obafemi Awolowo University, Ile-Ife, Osun State. In the lecture, titled “From Potential to Prosperity: Export-led Economy”, the revenue chief warned that Nigeria’s current economic structure leaves it poorly positioned in a global economy that increasingly rewards knowledge,…
The Nigeria Police Force National Cybercrime Centre has commenced an analysis of a documentary detailing allegations that a Nigerian socialite posed as the Crown Prince of Dubai to defraud a foreign victim of millions of dollars. The Commissioner of Police in charge of the NPF National Cybercrime Centre, CP Uche Ifeanyi, disclosed this on Thursday during a press briefing, saying the police were already reviewing information circulating in the media on the case. “I tell you, we were able to intercept that case that is actually trending now. Just this morning, I summoned my people to conduct a profiling and…
By the time you finish reading this article, the price of Bitcoin may have changed twice. That is the nature of cryptocurrency: fast, volatile, and borderless. Yet beyond price charts and trading apps lies a less discussed but critical pillar of Nigeria’s digital finance revolution: corporate communications. In the age of crypto, communication is no longer a support function. It is infrastructure. Nigeria is one of the world’s fastest-growing crypto markets. Chainalysis ranked the country second globally in cryptocurrency adoption in 2023, driven largely by everyday retail users rather than institutions. Between July 2023 and June 2024 alone, Nigerians received…
Lagos-based fintech startup HitchPay has processed over $2m in transactions in the past four months, underscoring rising demand for streamlined cross-border payments among African businesses and diaspora communities. The platform, which counts more than 20,000 active users, is growing at a rate of 22 per cent month over month, according to company data, reflecting strong early traction in a market long hindered by fragmented payment infrastructure and high transaction costs. HitchPay aims to simplify global financial transactions for African entrepreneurs, freelancers, and diaspora members who often face hurdles when sending or receiving money internationally. “For African founders and freelancers, getting…
Five-time champion Quadri Aruna will lead Nigeria’s charge to reclaim continental glory at the 2025 ITTF Africa Cup, scheduled to hold in Libya from Saturday, February 7 to Monday, February 9, PUNCH Sports Extra reports. Libya is hosting a continental table tennis tournament for the first time. Aruna will be joined in the men’s singles event by Omotayo Olajide, while Fatimo Bello and Ajoke Ojomu will represent Nigeria in the women’s singles. The 37-year-old Aruna and Olajide will be aiming to reclaim the men’s title Nigeria last won in 2024, while Bello and Ojomu will hope to become the country’s…
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