Author: News Room

The $9 billion endowment of Ivy League university Dartmouth College reported new investments with exposure to cryptocurrencies, increasing the digital assets in its portfolio since January.In a Thursday filing with the US Securities and Exchange Commission (SEC), the trustees of Dartmouth College reported that the university endowment held about $3.3 million worth of the Bitwise Solana staking exchange-traded fund (ETF).The trustees also disclosed about $3.5 million worth of the Grayscale Ethereum staking ETF and about $7.7 million of BlackRock’s iShares Bitcoin ETF. The investments changed the endowment’s crypto exposure compared to that reported in January, when the same number of shares…

A leaked song from Drake’s upcoming album seemingly has several Hollywood A-listers in the crosshairs. Clips of Drake’s new song “1 a.m. in Albany” surfaced on social media on Wednesday, May 13, leading fans to attempt to piece together the lyrics. “Muggsy Bogues dunked for once, even I’m a bit amazed, someone give the kid a raise,” one lyric read, referring to the retired point guard that had fans believing was a dig at Kendrick Lamar. (Bogues was famously the shortest player in NBA history at 5-foot-3, while Lamar stands at 5-foot-5.) While Drake, 39, and Lamar, 38, were once…

A prosecution witness told the Federal Capital Territory (FCT) High Court in Abuja on Thursday how the Central Bank of Nigeria (CBN) debited N124.86 billion from the Consolidated Revenue Account (CRA) without the National Assembly’s approval during Godwin Emefiele’s time as the CBN governor. Hamisu Abdullahi, a deputy director working at CBN’s domestic settlement division handling interbank transactions, said the money was used to settle the CBN’s “internal debts”. Mr Hamisu testified as the ninth prosecution witness in the trial of Mr Emefiele on various charges of illegal activities, including alleged unlawful redesign of the naira notes. The case is…

Nigeria is stepping up efforts to attract investment in key sectors, including power, mining, and infrastructure, as part of broader moves to strengthen the economy and drive sustainable growth. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele disclosed this while speaking on the sidelines of high-level engagements involving President Bola Tinubu at the Africa CEO Forum in Kigali. He noted that the administration is actively promoting Nigeria as an investment destination. He said the president has taken a leading role in showcasing the country’s economic potential to global investors. “One very exciting thing about Mr President…

China has reaffirmed its commitment to the One-China principle, stating that Taiwan is not a sovereign nation but an inseparable part of Chinese territory. Counselor at the Embassy of the People’s Republic of China in Nigeria, Dong Hairong, made this known on Thursday at a Media Salon held in Abuja by the Centre for China Studies and the Centre for Contemporary China-Africa Research. Hairong reiterated that recent developments involving Taiwan showed the need for greater international understanding of the Taiwan question and China’s territorial position. She cited the recent visit of Taiwan regional leader, Lai Ching-te, to Eswatini, as well as a…

The All Progressives Congress, APC, has postponed the House of Representatives Primary Election for the 2027 general elections to Saturday, May 16, 2026. This was contained in a statement by the party’s National Publicity Secretary, Felix Morka, on Thursday. Morka said previously announced primary election dates for the  senate, state houses of assembly, governorship and presidential primaries remain unchanged. According to the statement, the primary elections will now be held as follows: House of Representatives – Saturday, 16th May, 2026 Senate – Monday, 18th May, 2026 State House of Assembly – Wednesday, 20th May, 2026 Governorship – Thursday, 21st May, 2026 Presidential – Saturday, 23rd May, 2026.

Seven suspected illegal miners were arrested in Minna, Niger State, during a crackdown led by the Commissioner for Mineral Resources, Mohammed Qasim Danjuma. The enforcement operation, carried out around 6:30 p.m. behind the Bilkebeb Shango area of Minna, targeted illegal mining activities reportedly taking place within a residential community on Tuesday evening. Nine motorcycles allegedly used for the illegal operations were also confiscated during the raid. The suspects and the seized motorcycles were later handed over to the Niger State Command of the Nigeria Security and Civil Defence Corps, NSCDC, for further investigation and necessary action. The commissioner, accompanied by…

Former Juventus midfielder Sunday Oliseh has named the best football team and manager in the world at the moment. Speaking recently on his Sunday Oliseh Global Football Insights show, the former Super Eagles captain said Paris Saint-Germain is the best team in the world in all departments, while their head coach, Luis Enrique, is the best manager in the world. Oliseh spoke while giving his verdict on PSG after they recently qualified for the Champions League final, where they will face Arsenal on May 30 in Budapest. “Paris Saint-Germain is the best-managed club in the world,” Oliseh said. “They are now selling the team, the culture, Paris.…

The All Progressives Congress has postponed its House of Representatives primary election for the 2027 general elections by one day, while maintaining the rest of its previously announced timetable. The party said the adjustment does not affect other scheduled primaries, including those for the Senate, State Houses of Assembly, governorship, and presidency. In a statement issued on Thursday by the National Publicity Secretary, Felix Morka, the APC clarified that “previously announced primary election dates remain unchanged” except for the House of Representatives exercise. “The All Progressives Congress (APC) announces the postponement of the House of Representatives Primary Election for the…

A chieftain of the African Democratic Congress, Kenneth Okonkwo, has said former Labour Party presidential candidate, Peter Obi, would struggle to win support across the South-East ahead of the 2027 elections, describing the “Obi or nothing” slogan associated with some of his supporters as “an abomination in Igbo land.” Okonkwo, who spoke on Channels Television on Thursday, argued that the slogan contradicted the Igbo principle of collective progress, which he described as “Somadina.” “Have you not heard of the slogan Obi or nothing? First of all, that slogan is an abomination culturally in Igbo land,” he said. According to him,…