Author: News Room

Intercontinental Exchange (ICE) and the Chicago Mercantile Exchange (CME), the two biggest exchanges for energy-linked commodities, are pressuring US regulators to clamp down on the Hyperliquid decentralized exchange’s expansion into commodity markets.Executives from both companies say that Hyperliquid’s energy-linked onchain derivatives create insider trading and price manipulation risks, according to Bloomberg, which cited unnamed sources familiar with the ongoing talks with US regulators.ICE and CME cited the “anonymous” and “unregulated” nature of Hyperliquid as major risks to critical energy markets, like oil and gas, which could be used by state actors to circumvent sanctions, the report added.Daily trading volume for…

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! If there’s anything productive you need to do today, let it be to shop a sale this good. The Macy’s One-Day Sale is here, and you can score up to 60% on tons of gorgeous summer fashion essentials. Far from being a sad seasonal leftovers situation, you’ll find a curated lineup of fashionable and functional pieces you’ll wear on repeat all summer long. From bright summer dresses, quiet luxury-style blouses and breezy shorts and skirts, there’s a little something for…

The National Emergency Management Agency (NEMA) has been alerted to an unauthorised breach of its official website by suspected hackers. The agency is currently taking necessary technical measures to rectify the breach, secure the platform, and restore normal operations. In the meantime, the general public is strongly advised to disregard any suspicious content, misleading information, unauthorised announcements, or fraudulent solicitations for money that may appear on the compromised website or be circulated through related channels. ALSO READ: Nigeria records over 75% reduction in casualties from annual flooding – NEMA The agency regrets any inconvenience this situation may cause and assures the…

The founder of BUA Group, Abdul Samad Rabiu, said South African authorities denied him entry because his visa expired a day before his arrival in 2025, while Europeans were reportedly allowed into the country without visas. The business mogul disclosed his travel experience while speaking at the Africa CEO Forum titled “Africa at Scale: Capital, Policy, and the Architecture of Growth” on Thursday in Kigali. The billionaire said he returned to Lagos after waiting at Cape Town airport for hours, noting the experience as part of the challenges faced by Africans in Africa. “I had a personal experience. Last February,…

The Nigerian Communications Commission, NCC, the North East Development Commission, NEDC, and others have been ranked among the best-performing public institutions in Nigeria. This is according to the Fiscal Responsibility and Institutional Performance Report released on Friday by the Transparency Watch Initiative. Speaking on the report, the head of the transparency initiative, Dr. Ifure Ataifure, said the assessment focused on federal agencies’ fair practices, fiscal discipline, project implementation, regulatory efficiency, public responsiveness, and measurable contributions to national development goals. The group ranked the NCC and NEDC highest, followed by federal government agencies such as the Nigeria Sovereign Investment Authority, NSIA,…

Posters projecting former Minister of Transportation, Rotimi Chibuike Amaechi, as a presidential candidate for the 2027 general election have surfaced across major streets in Bauchi State. The posters, branded with the inscription, “Amaechi for President 2027: Move Nigeria Forward,” alongside the logo of the African Democratic Congress (ADC), were spotted at strategic locations within the Bauchi metropolis. Amaechi, who holds the traditional title of Dan Amanar Kasar Hausa of Daura, previously served as Speaker of the Rivers State House of Assembly, Governor of Rivers State, and later Minister of Transportation. The campaign posters were mounted on electric poles, billboards and…

Troops of Operation Whirl Stroke, working with operatives of the Defence Intelligence Agency and local vigilantes, have arrested a man suspected of illegal gunrunning in Ardo-Kola Local Government Area of Taraba State. Security sources told Zagazola Makama that the suspect was arrested around 7:45 am on May 13 during an intelligence-led operation in the Iware community. “The suspect was reportedly apprehended following credible intelligence linking him to arms trafficking activities within the Amaseyo general area,” the sources said. They added that preliminary interrogation indicated that the suspect was allegedly involved in illegal arms dealing, leading to his immediate arrest by…

Fulham head coach Marco Silva has confirmed Alex Iwobi is in contention to face Wolverhampton Wanderers at the Molineux on Sunday. Iwobi sustained a hamstring injury in Fulham’s 0-0 draw against Brentford last month. The midfielder has missed the Whites’ last three league games due to the setback. In his absence, Fulham recorded one win, and two defeats. Silva confirmed the Nigeria international is back in full training, and is available to face the Old Gold. “Alex (Iwobi) is back in contention for  the game. Last week, he did some training sessions with us. And this week, throughout, he’s been working with…

The Dangote Petroleum Refinery has filed a new lawsuit against Nigeria’s Attorney General in a bid to overturn fuel import licences issued to ‌marketers and the Nigerian National Petroleum Company Limited. The PUNCH reports that the NMDPRA recently issued six licences to marketers for the importation of petrol, saying imported fuel is necessary to complement domestic supplies. Court documents seen by Reuters show that the case sought to nullify import permits issued to the NNPC and several traders. It could be recalled that Dangote had in 2025 withdrawn a similar case against the NNPC and other marketers after the intervention…

Lagos lawmaker, Desmond Elliot, has explained the reasons behind his motive to contest for the fourth time as a member representing Surulere constituency 1 in the state assembly. Elliot, while campaigning to his constituents on Friday, highlighted his interest in becoming a principal officer in the assembly as the key reason. In a video that went viral on X, he also urged his supporters to be wary of intimidation coming from the other camps. Before the campaign, there had been indications that All Progressives Congress stakeholders, including supporters of Gbajabiamila, are throwing their weight behind a former aide to Governor…