Author: News Room

Wells Fargo reported larger positions in Ether exchange-traded funds in the first quarter while reshuffling its Bitcoin ETF holdings across several products, according to its latest Securities and Exchange Commission filing.The bank said it raised its holdings in Ether (ETH) ETFs, including BlackRock’s iShares Ethereum Trust ETF (ETHA) and the Bitwise Ethereum ETF (ETHW), according to its latest Form 13F filing released on Monday.ETHA rose 63.5% from about 672,600 shares in Q4 2025 to roughly 1.1 million shares in Q1 2026, while ETHW increased by 37% from about 186,800 to more than 257,000 shares, showing a broad-based increase across Ether-linked…

Taylor Frankie Paul has fired back at “keyboard warriors” amid her latest falling out with The Secret Lives of Mormon Wives costar Mikayla Matthews. “Today, I talked to a trauma specialist and my coach and it’s validating to hear from professionals rather than keyboard warriors trying to tell me what to do,” Taylor, 31, wrote via her Instagram Story on Monday, May 11. “Also to see videos of other specialists speak on my situation just from what they can see from afar.” The Mormon Wives star shared a series of videos from content creators supporting her following her recent court…

The Federal High Court in Abuja on Tuesday dismissed an application seeking to stay the execution of a judgement reversing an “unlawful” change to the name of United Methodist Church in Nigeria (UMCN). The name change, carried out by a breakaway group, the Global Methodist Church in Nigeria (GMCN), was reversed in a judgement delivered on 30 March by Judge Obiora Egwuatu. The judge directed the Corporate Affairs Commission (CAC) to immediately reverse the church’s name from Global Methodist Church in Nigeria (GMCN) to UMCN. He also ordered the commission to reverse the change of the names of the church’s…

A new study has found that senior Nigerian policymakers with doctorate degrees are significantly more likely to rely on diverse forms of research evidence in decision-making than their counterparts without advanced academic training. The study, published in Policy Sciences, in February, surveyed about 196 senior policy officers across 13 federal ministries and both chambers of the National Assembly and identified three distinct categories of evidence users in Nigeria’s policymaking system. In the study titled: “Patterns of evidence use in Nigerian policymaking: insights from latent class analysis”, the researchers found that only 20 per cent of respondents—described as “eclectic users”—regularly engaged…

Edo North Senator Adams Oshiomhole on Tuesday clashed with Arise New anchor, Rufai Oseni over his opinion on South African investmentsin Nigeria. Oshiomhole, during the interview stated that Nigeria should nationalise South African businesses over the killings of Nigerians in South Africa The lawmaker said he was aware that MTN was quoted on the stock exchange, noting that Nigerian shareholders can hold on to their shares and take away South African control. “We should re-privatise it so Nigerians can take it over, and there would be no repatriation of funds to South Africa. During the campaign of President Ramaphosa, a major shareholder…

A chieftain of the All Progressives Congress, APC, Joe Igbokwe, has stated that President Bola Tinubu was not voted into power to “come and play”. In a post on his official Facebook page on Tuesday, Igbokwe, who was sending a stern warning to the opposition, said Tinubu was elected to rework Nigeria, and he must be allowed to achieve the aim. Igbowke warned that any opposition that adamantly stands in the way of Tinubu’s re-election bid would be made to pay for his action. He wrote, “We voted for PBAT to come and retool and rework Nigeria. We did not vote…

Personnel of Operation Whirl Stroke, OPWS, have successfully freed two individuals who were abducted along the Ochumekwu–Ugbobi road in Apa Local Government Area of Benue State, following a prompt reaction to an emergency alert. Security sources told Zagazola that the incident took place around 0800 hours on May 10, 2026.  Troops from Sector 2 OPWS, stationed at Ochumekwu, quickly mobilised after receiving intelligence about ongoing kidnapping activities in the vicinity. Upon getting to the scene, the troops verified that two civilians had already been taken by armed attackers along the road. According to the sources, the soldiers immediately initiated a…

Former Big Brother Naija Shine Ya Eye winner, Whitemoney has appealed to intending housemates of the reality show to stop asking him for assistance on how to go to the show. Whitemoney said many have reached out to him asking him to influence their admissions ahead of the eleventh edition of the show. Speaking in a video broadcast, Whitemoney urged the intending housemates to follow due process rather than seeking to cut corners. He said he lacks the power to influence anyone’s entry into the reality show. “My DM is filled up with messages from people asking me to influence…

Galatasaray midfielder, Mario Lemina, has named teammate Victor Osimhen as the world’s most complete striker. Lemina stated this while recently speaking on The 360 Experience with Onan Khosi, Mario Lemina. “Victor Osimhen is the world’s best striker,” Lemina said via Forza Cimbom. “He is the most complete striker I have seen in my life. “I think he is the best I have seen in my life. He is a special one. “We love each other with Osimhen. We always want to win. When someone shouts, it is a positive thing for the team. “I love that. Osimhen is a warrior.…

President Bola Tinubu has arrived at the venue of the Africa Forward Summit in Nairobi, Kenya. In a video shared by the Special Adviser on Information and Strategy to the President on Tuesday, Bayo Onanuga via X.com, the president is seen exchanging pleasantries with the Kenyan President, Williams Ruto. PUNCHONLINE reports that Tinubu arrived in Kenya on Monday for the Africa-France Summit focused on energy transition, green industrialisation, digital transformation, restructuring of global financing architecture and climate action. The Presidency had earlier said the President will deliver a statement highlighting his administration’s ongoing reforms to reposition Nigeria as a prime…