Author: News Room

First Republic shares rebound after Yellen signals support for smaller banks

First Republic bank shares were seen rebounding on Tuesday after Janet Yellen was expected to signal a government backstop for smaller banks was at the ready if required. First Republic bank shares surged more 30 per cent in opening trade on Tuesday, paring some of the New York-based bank’s recent losses. First Republic is the hardest hit among the regional banks which have suffered massive outflows of deposits following the collapse of Silicon Valley Bank. It’s shares have fallen… Read the full article here

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Web3 a hot topic at SXSW despite bear market and declining interest in NFTs

Giant rabbits wearing trendy outfits situated alongside cartoon characters with rainbows flowing out of their mouths lined the streets of South by Southwest (SXSW) last year. This is because two nonfungible token (NFT) projects — Doodles and Fluf World — dominated SXSW 2022. Yet these projects were nowhere to be found at SXSW 2023, demonstrating the lack of interest in NFTs this year. This shouldn’t come as a surprise, though. With crypto prices down, coupled with declining NFT prices… Read the full article here

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Reviewers Say Their Necks Looked Better Just 1 Day After Using This Cream

Us Weekly has affiliate partnerships so we may receive compensation for some links to products and services. One of our biggest goals at Shop With Us is to scour for all of the best deals so you can shop smarter and save money in the process. That, of course, includes letting you know which skincare products are worth spending on and which you can find affordable alternatives for. Though we prefer spending less (who doesn’t?), we can always recognize when there’s a… Read the full article here

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A natural peptide could help tackle obesity and diabetes

Peptides are smaller versions of proteins that have a range of purposes, such as the potential to reduce the signs of aging, relieve inflammation, or promote muscle growth.In 2015, researchers discovered a type of peptide called PEPITEM, and recognized its function in the adiponectin-PEPITEM pathway, which regulates the onset and severity of autoimmune or chronic inflammatory conditions.Now, new research in animal models reveals that this peptide has the potential to offer a groundbreaking… Read the full article here

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President Buhari celebrates Tony Elumelu at 60

President Muhammadu Buhari rejoices with distinguished banker, economist, and philanthropist, Tony Elumelu, CFR, on his 60th birthday, March 22, 2023, sharing joy and warmth of the occasion with the entrepreneur, who was ranked amongst World’s 100 most influential personalities in 2020 by Time. President Buhari felicitates with Chairman of the United Bank of Africa (UBA) Group on the milestone, affirming the honour and pride that the benefactor has brought to Nigeria, and Africa,… Read the full article here

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Average retail price of petrol in Nigeria up 54% – NBS

The average retail price paid by consumers for petrol rose by 54.76 per cent in February, the National Bureau of Statistics (NBS) has said. The bureau said this in its “Premium Motor Spirit (Petrol) Price Watch” for February 2023 released on Monday. The NBS said the average retail price paid by consumers for petrol in February 2023 was N263.76, indicating a 54.76 per cent increase when compared to the value recorded in February 2022 (N170.42). The bureau also said that… Read the full article here

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Tinubu’s low-hanging fruits, By Ehi Braimah

President-elect Bola Ahmed Tinubu. The first low-hanging fruit for Tinubu is for him to announce a broad-based government of “national unity”, with all the ministerial appointees and other high ranking personnel, not more than 24 hours after he has been sworn into office. After receiving his Certificate of Return from the Independent National Electoral Commission (INEC), President-elect Asiwaju Bola Ahmed Tinubu is now looking forward to his inauguration on 29 May in Abuja. The… Read the full article here

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Birthday Kiss: Kwam 1, new wife debunk marriage crisis rumours

Fuji Maestro Wasiu Ayinde, popularly known as Kwam 1, is facing public scrutiny again after a video of him rejecting a kiss from his new wife Emmanuella at his 66th surprise birthday party on Saturday went viral. There had been previous claims on social media about the pair having marital issues. In April 2022, the singer denied reports that his wife slapped him over infidelity allegations. In the same month, a popular gossip blogger alleged that the famous singer and his wife had… Read the full article here

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Okocha says Osimhen can set EPL alight, advises on clubs to join

Former Super Eagles captain and Bolton Wanderers legend, Austin ‘Jay-Jay’ Okocha, has said in-form Napoli striker Victor Osimhen is ripe to play in the English League. Two weeks ago, after winning the best foreign athlete award in Italy, the 24-year-old told journalists that the EPL is one league he would like to explore, having already played in three of Europe’s top five. The Napoli star, who is yet to arrive at the Eagles’ camp ahead of the AFCON qualifiers against… Read the full article here

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