Author: News Room

US President Donald Trump has nominated former Federal Reserve governor Kevin Warsh to lead the US central bank, a move that has sent mixed signals for cryptocurrency markets and US dollar liquidity, according to market analysts.Trump nominated Bitcoin-friendly Warsh on Friday, and he is set to replace Jerome Powell when his term ends in May, assuming the Senate approves him.Warsh’s nomination could mean the Fed will continue its interest rate cut trajectory. But according to Thomas Perfumo, a global economist at cryptocurrency exchange Kraken, it also signals that broader market liquidity is expected to “stabilize rather than meaningfully expand.”He told…

While artists including Bad Bunny and Billie Eilish made bold statements about U.S. Immigration and Customs Enforcement (ICE) at the 2026 Grammys, Jelly Roll is keeping quiet — for now. Jelly Roll (real name Jason DeFord) declined to offer his opinion on the tense climate in the U.S. after collecting three awards at the Sunday, February 1, music awards show, including Best Contemporary Country Album for his record Beautifully Broken. Reporters asked the singer, 41, backstage in the press room whether he wanted to comment on “what’s going on in the country right now,” to which he responded, “Not really.”…

The All Progressives Congress (APC) has dismissed as “false and baseless” recent allegations by the African Democratic Congress (ADC) that civil servants are being coerced to participate in the ruling party’s ongoing electronic membership registration exercise. In a press statement signed by the APC National Publicity Secretary, Felix Morka, the party said the claims from the ADC were born out of fear over the massive turnout in its e-registration drive and formed part of a broader disinformation campaign. On Sunday, the ADC, through its National Publicity Secretary, Bolaji Abdullahi, raised the alarm over reports that civil servants across several states…

The Indigenous People of Biafra, IPOB, has said the “total compliance” with Monday’s sit-at-home order in parts of the South-East has demonstrated that the people will never be intimidated into abandoning the group’s leader, Nnamdi Kanu. The sit-at-home declared by IPOB in solidarity with traders of Onitsha Main Market, over the closure of their shops by Governor Chukwuma Soludo, recorded a high level of compliance in Anambra State. Although the Onitsha Main Market was reopened by the government after the one-week closure, very few traders turned up. Also, major roads in the state were deserted, and most offices and other…

An APC Chieftain, AbdulMajeed Dan Bilki Kwamanda, has said there is a clear political path Senator Rabiu Musa Kwankwaso can follow to respond to what he described as betrayal by Kano State Governor, Abba Kabir Yusuf.Kwamanda said that although Kwankwaso is in the NNPP, he still has enough political strength to shake the APC if he decides to field a candidate in the 2027 election. He made this known in an interview with DCL Hausa, where he said Kwankwaso could even attract strong support from within the APC if he presents a credible candidate. According to him, Kano politics has…

A 23 year old man has killed his father with a machete in Cross River State. It was gathered that the suspect, identified as Bassey Ubi, committed the murder after returning from church on Sunday. The incident occurred around O-3 Palace, Usaja, Ikpakapit Ward in Ugep, Yakurr Local Government Area of Cross River State. The motive behind the act is yet to be ascertained. The suspect was almost lynched by a mob before the police intervened. The Police Public Relations Officer in the state, ASP Sunday Eitokpah, confirmed the development on Monday.

Chelsea has decided not to let defender Josh Acheampong leave the club for Premier League rivals Crystal Palace. As per The Guardian, Chelsea rejected Crystal Palace’s bid to sign Acheampong on transfer deadline day. Crystal Palace are desperate to bolster their defenders before the winter transfer window closes tonight. With the latest development, Palace will have to search elsewhere for another defender. Acheampong was an unused substitute as Chelsea defeated West Ham United 3-2 in the Premier League at the weekend. The 19-year-old was promoted to Chelsea’s senior team in 2024.

The Federal Capital Territory  Police Command has advised the Nigeria Labour Congress and Trade Union Congress to reschedule their planned protest billed for Tuesday, February 3, 2026, citing security concerns. On Sunday, the unions announced plans to hold a peaceful solidarity rally in Abuja on Tuesday, February 3. In a joint statement by the NLC spokesperson, Benson Upah, and the TUC Secretary General, N. A. Toro, the two labour unions said the peaceful rally will be staged at the Federal Capital Development Authority as a public demonstration of solidarity with affected workers. The NLC and TUC directed all affiliates and…

An Abuja-based rising singer, Ifunanya Nwangene, has died after she was bitten by a snake, an incident that has raised concerns about emergency medical response in the Federal Capital Territory. PUNCH Metro learnt on Sunday that Nwangene, a soprano singer with the Amemuso Choir, died on Saturday at the Federal Medical Centre, Abuja, after efforts to save her life reportedly stalled due to the unavailability of sufficient antivenom. Confirming her death, the Amemuso Choir issued a statement on its Facebook page on Sunday afternoon. The statement, signed by the choir’s music director, Sam Ezugwu, announced the circumstances of her passing.…

First Abu Dhabi Bank has announced that it will open a representative office in Lagos, Nigeria, as part of its sub-Saharan expansion push. This was disclosed on Monday at the first Investopia Africa event held in Lagos by the Group Head of Wholesale Banking at First Abu Dhabi Bank, Martin Tricaud. The PUNCH reports that First Abu Dhabi Bank partnered with Afreximbank to provide $1.126bn in financing for the execution of Phase 1, Section 2 of the Lagos–Calabar Coastal Highway. Speaking during a panel session that included the Lagos State Governor, Babajide Sanwo-Olu, and the Managing Director of the Nigerian…