Author: News Room

Bitcoin (BTC) showed signs of bottoming inside the $60,000–$70,000 range on Wednesday, according to onchain data shared by a quant analyst. Key takeaways:Nearly 20% of BTC supply now sits between $60,000 and $70,000, strengthening the case for a Bitcoin price floor.Bitcoin’s bear flag still risks a breakdown toward $53,500 unless BTC reclaims a critical technical resistance level.Nearly 20% of BTC supply moved in the $60,000–$70,000 rangeThe bottom signal comes from Bitcoin’s unrealized price distribution, or URPD, which shows where BTC last moved on-chain and helps identify major investor cost-basis zones.As of Tuesday, Bitcoin’s URPD reading showed a heavy concentration of…

Candidates who sat for the 2026 Unified Tertiary Matriculation Examination (UTME) can begin printing their original result slips from Wednesday. The Joint Admissions and Matriculation Board (JAMB) announced the release of the original results in a statement by its spokesperson, Fabian Benjamin. The board said the document contains candidates’ photographs, national rankings and other security features required for admission processing by tertiary institutions. “The 2026 UTME Original Result Slip will be available for printing today, Wednesday, 17 June 2026,” the statement reads in part. According to JAMB, the original result slip forms part of the official documents required for post-UTME…

The minority caucus of the House of Representatives on Wednesday delivered a scathing assessment of the state of the nation, accusing the government of President Bola Tinubu of failing to tackle worsening insecurity, deepening economic hardship and mounting threats to democratic institutions. The opposition lawmakers also alleged that the administration was focusing on political calculations ahead of the 2027 general elections rather than addressing the pressing challenges facing Nigerians. Addressing journalists at the National Assembly Complex in Abuja, Minority Leader of the House, Mr Fred Agbedi, said the country was facing one of its most difficult periods since the return…

First Bank of Nigeria Limited has crossed a significant digital lending threshold, recording a historic N1bn single-day disbursement on its flagship salary-backed digital loan product, FirstAdvance. The financial institution announced on Monday that the breakthrough underscores a sharp increase in consumer reliance on automated, short-term credit lines to navigate immediate cash flow pressures without traditional collateral bottlenecks. The bank noted that the rapid scaling of its credit product reflects deep institutional trust in its digital platforms and the effectiveness of its integrated service delivery model across West Africa. Speaking on the development, the Group Executive, eBusiness and Retail Products at…

The Nigeria Fencing Federation on Tuesday unveiled the official logo and mascot for the 2026 Senior Commonwealth Fencing Championships, billed for August 9 to 14 at Rugby School, Lagos, marking the beginning of preparations for the prestigious event. With the hosting rights secured ahead of Australia, Nigeria joins South Africa as the only African countries to host a Commonwealth fencing championship, following South Africa’s staging of the junior edition in 2022. The mascots are eagle-themed male and female characters, Gidi and Laci, symbolising the federation’s vision of reaching greater heights in fencing and Nigerian sports in general. Elite fencing teams…

President Bola Tinubu has approved the appointment of Associate Professor Smart Olugbeko as the substantive Provost of the Federal College of Education, Ilawe-Ekiti, Ekiti State. The appointment was announced by the Governing Council of the institution at its 8th Regular Meeting held on June 10, 2026. In a statement made available to journalists in Ado-Ekiti on Wednesday, the Registrar and Secretary to the Governing Council, Dr Khadijah Garba, described Olugbeko as a seasoned academic and administrator with more than two decades of experience in teaching, research and educational leadership. Garba stated that the appointment is for a single term of…

I’ll admit it. I was wrong. Wildly colorful lighting is delightful for your smart home — well, outdoors, at least.Smart lighting is one of my favorite features of the smart home — it combines convenience with ambiance, letting you change the entire look of your room with just a press of a button. But, other than the occasional pop of color, mostly in my kids’ rooms and outdoors around the holidays, I’ve never found much use for color-changing lights. I prefer the subtler effects of tunable white light combined with dimming to set the scene indoors, and that preference also…

China’s central bank is paying closer attention to stablecoins as privately issued digital currencies take on a potentially larger role in the international monetary system and cross-border payments.Wang Xin, director general of the Research Bureau at the People’s Bank of China (PBOC), urged authorities to closely monitor the impact of stablecoins while improving international coordination and regulation, Chinese news outlet The Paper reported on Wednesday. “We also need to pay attention to several new areas, such as whether stablecoins will play a more important role in cross-border payments, and how regulation, international coordination and cooperation should proceed,” Wang reportedly said, according…

The Real L Word star Francine Beppu’s cause of death has been revealed following her death at age 43. According to a report by the Honolulu Medical Examiner, with details published by TMZ on Tuesday, June 16, Beppu died by suicide on February 17. The examiner’s office also conducted toxicology testing which indicated “the presence of amphetamine and alcohol” in her system when she died. Beppu, who starred on season 2 of the Showtime reality TV show in 2011, was confirmed dead by a spokesperson for her family who spoke to People several days later. “It is with a heavy…

The Nigerian government has denied reports suggesting it plans to scrap the National Board for Arabic and Islamic Studies (NBAIS). NBAIS is the examination body responsible for standardising and certifying Arabic and Islamic education in Nigeria. In a statement issued by its spokesperson, Folasade Boriowo, the Federal Ministry of Education said its attention had been drawn to a message circulating on social media claiming that the government and the National Assembly were planning to abolish the board. “The Ministry wishes to categorically state that the claim is false, misleading, and entirely unfounded,” the statement said. “For the avoidance of doubt,…