Author: News Room

SEC Task Force Posts Response Backing Ripple on Passive Interest

A response posted to the US Securities and Exchange Commission’s Crypto Task Force page echoed concerns raised by Ripple that speculation alone should not automatically subject cryptocurrencies to federal securities laws, as lawmakers continue debating the CLARITY Act.The response, written by former SEC attorney Teresa Goody Guillen and published Monday as public input on the SEC’s website, argued that holding a “passive economic interest,” such as buying a token in hopes its price rises, should not, by itself, trigger securities regulation. Guillen wrote that digital assets should instead be assessed using a broader set of factors applied on a sliding…

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Below Deck’s Nathan Reveals Why He ‘Kicked’ His Dad Out When He Was 15

Below Deck Mediterranean‘s Nathan Gallagher made a surprising revelation about his tumultuous relationship with his father. During the Monday, January 26, episode of the hit Bravo series, Nathan supported Victoria SanJuan, who got emotional about ex Joe Bradley brazenly showing interest in their coworker Kizzi Kitchener. Nathan found Victoria alone on the swim platform and, after seeing how upset she was, offered her a hug. “With friends or family or even my sister, I am super protective of them,” Nathan explained in a confessional. “I kicked my dad out of the house when I was 15 because I had to…

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Court orders FCT workers to suspend strike

The National Industrial Court in Abuja on Tuesday ordered Federal Capital Territory Administration (FCTA) workers to suspend their ongoing strike pending further hearing in a suit brought by the FCT authorities to stop the industrial action. Judge Emmanuel Subilim issued the order in a ruling on an application by the Minister of the Federal Capital Territory, Nyesom Wike, and the FCTA. The strike, which has gone on for nearly two weeks, involves workers who are central to running the capital city’s core services. Mr Sublim, granting the request for an interlocutory injunction, ordered the workers to resume work pending the…

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CBN upgrades FinTech licences as digital lenders outgrow regulation

The Central Bank of Nigeria has upgraded the licences of selected financial technology companies and microfinance banks with nationwide operations, signalling a regulatory push to bring fast-growing digital lenders into closer alignment with their actual scale. The bank’s director of the CBN’s Other Financial Institutions Supervision Department, Yemi Solaja disclosed the move at the annual conference of the Committee of Heads of Banks’ Operations in Lagos on 23 January. It said several firms were operating far beyond the limits of their original licences. He said there was a growing mismatch between the licences some institutions held and the reality of…

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Reserved Seats for Women Bill and the fierce urgency of now!, By Osasu Igbinedion Ogwuche

…as the National Assembly convenes today, Tuesday, 27th January, 2026, lawmakers must confront a stark reality: the window for the passage of this bill is thin. If it is to take effect in the 2027 general election cycle, it can no longer be treated as just another item on the legislative agenda. It must be treated with the “fierce urgency of now” that Martin Luther King Jr once spoke of. To delay further is to effectively deny. If HB1349 remains trapped in the purgatory of “pending business”, we are essentially signing a warrant for another four years of legislative invisibility…

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Anambra: Traders protest against Onitsha Main Market shutdown

Traders in Onitsha Main Market, Anambra State, took to the streets on Tuesday in protest against efforts to enforce Governor Chukwuma Soludo’s directive to close the facility. Videos circulating online show large groups of traders marching through the market area, singing praises of the detained Indigenous People of Biafra, IPOB, leader, Nnamdi Kanu. Some traders opened their shops in defiance of the governor’s order. DAILY POST reports that Governor Soludo had on Monday criticized the continued adherence to the sit-at-home order, questioning why shops remained closed despite the relative peace and calm in Anambra. He subsequently ordered the shit down…

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Defections: We can’t prevent politicians from joining us  —  APC

The National Publicity Secretary of the All Progressives Congress, APC, Felix Morka, says the party cannot stop politicians from joining it. Speaking in an interview on Arise Television on Tuesday, Morka stated that the recent wave of defections was a reflection of confidence in the administration of President Bola Tinubu. He was responding to concerns over the growing number of governors joining the APC, including the recent defection of the Kano State governor. According to him, governors defecting to the ruling party were aligning themselves with what he described as a ‘resurging Nigeria’ under the Tinubu administration. “What you see…

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Police arrest man for alleged defiling a 16-year-old girl in Yobe

A 35-year-old man has been apprehended by the Yobe State Police Command for allegedly defiling a 16-year-old girl in Babbangida town, Tarmuwa Local Government Area of the state. The Police spokesman, SP Dungus Abdulkarim, in a statement explained that the operatives of the Tarmuwa Divisional Police Headquarters arrested Aliyu Yarima of Potiskum Local Government Area following a distress report. According to him, preliminary investigations have revealed that on 16th January 2026, the suspect allegedly lured the victim and gave her a soft drink mixed with hard drugs, which rendered her unconscious. The statement further explained that he then took her…

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Transfer: Fago Lawal seals move to Czech club Viktoria Plzen

Czech First Division club FC Viktoria Plzen have announced the signing of Nigerian striker Salim Fago Lawal, DAILY POST reports. Lawal linked up with the West Bohemian club from Croatian outfit NK Istra. The Nigeria international penned a three-and-a-half-year contract with Plzen. The 23-year-old netted 15 goals, and registered two assists during his time at Istra. Viktoria Plzen and NK Istra decided not to disclose the transfer fee and other details of the transfer. He will jersey number 70 at his new club. Lawal was part of Nigeria’s squad to the 2025 Africa Cup of Nations.

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UCL preview: Man City host Osimhen’s Galatasaray as Napoli, Chelsea face off

The Champions League returns with a packed schedule on Wednesday, as 18 games kick off simultaneously, featuring some of Europe’s biggest clubs. Manchester City will host Galatasaray in a highly anticipated Champions League clash, while Napoli take on Chelsea in another key group-stage fixture. Man City vs Galatasaray Manchester City will welcome Nigerian striker Victor Osimhen and Galatasaray to the Etihad Stadium in what promises to be a compelling match. The Turkish side will be looking to upset City’s dominance and secure vital points in the group standings. City, known for their high-intensity style and strong squad depth, will aim…

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