Author: News Room

BitMEX is expanding beyond crypto-native markets with the launch of Equity Perps, a new line of perpetual swap contracts that provide 24/7, crypto‑collateralized exposure to major US stocks and indexes like Apple, Tesla, Nvidia, the S&P 500 and the Nasdaq, according to a press release shared with Cointelegraph.The product mirrors the role perpetual swaps played in reshaping crypto markets with non-expiring, funding‑rate‑based, highly leveraged exposure — now applied to equities that have traditionally been confined to limited market hours.​Demand for onchain equities is risingThe move comes as onchain access to equities is showing signs of traction. Bitget recently reported that…

Rob Reiner and wife Michele Singer Reiner befriended a man who was imprisoned at age 17 for a murder he says he did not commit, and spent years advocating for his release before their deaths. In an interview with NBC News published on Monday, January 5, Nanon Williams, 51, detailed his bond with Rob, Michele and their children, after the late couple caught a performance of Byronn Bain’s one-man show Lyrics From Lockdown — partially inspired by Williams’ writing — in Los Angeles in 2016. Moved by his words, the When Harry Met Sally… director and his wife reached out…

A coalition of civil society organisations has strongly condemned what it described as “fiscal rascality” in the handling of Nigeria’s 2024 and 2025 federal budgets, accusing President Bola Tinubu and the National Assembly of constitutional breaches, lack of transparency and the systematic exclusion of citizens from the budgeting process. The organisations – Centre for Social Justice (CSJ), Africa Network for Environment and Economic Justice (ANEEJ), Civil Society Legislative Advocacy Centre (CISLAC), PLSI, BudgIT and PRIMORG- made the allegations in a joint statement titled “Stop This Fiscal Rascality in Nigeria,” on Tuesday. Their concerns arise against the backdrop of Mr Tinubu’s…

The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has revealed that former Vice President of Nigeria, Abubakar Atiku, will be asked to step down for former President Goodluck Jonathan ahead of the 2027 general elections. In a statement signed by his media aide, Osho Oluwatosin, Primate Ayodele revealed that the international community, including the African Union, European Union, United States of America, in conjunction with some local actors like TY Danjuma, Abubakar Abdulsalami and Olusegun Obasanjo, will be behind the move. The clergyman revealed that Goodluck Jonathan will be made to join the coalition against the current administration,…

Amid renewed conflict between him and Rivers State governor Sim Fubara, Minister of the Federal Capital Territory, FCT, Nyesom Wike, has vowed that mistakes made in the 2023 elections will not be repeated in 2027. Wike made the vow while speaking during a visit to Akuku-Toru and Degema Local Government Areas on Tuesday. He emphasized the importance of acknowledging past errors and taking corrective action. He stated, “As for Rivers state, let me make it clear what’s important in life is that you make a mistake and come out to tell people, ‘I made a mistake, and therefore I want…

Panic gripped motorists on Tuesday afternoon following a fire outbreak involving a Bus Rapid Transit, BRT, vehicle on the Third Mainland Bridge, leading to massive traffic disruption. The incident occurred around 1:00 p.m. near the Adekunle section of the bridge, heading towards Iyana Oworo. The Lagos State Traffic Management Authority, LASTMA, confirmed the development in a statement posted on its official X handle. According to the agency, the high-capacity BRT bus suddenly went up in flames, prompting anxiety among road users in the area. Footage shared online showed the bus completely consumed by fire, with thick plumes of smoke rising…

Super Eagles defender, Chidozie Awaziem has spoken on the on-field clash between his teammates Victor Osimhen and Ademola Lookman. Osimhen had clashed with Lookman during Nigeria’s AFCON Round of 16 4-0 win against Mozambique on Monday. Speaking to reporters at his post-match interview after the match, Awaziem insisted both of his teammates want to score, describing Osimhen and Lookman as fighters. The Nantes star, however, insisted that the issue between his teammates has been resolved and Eric Chelle’s men are now focused on their next game in the quarter-finals. “All I can say is that it is a football thing,…

The management of Obafemi Awolowo University, Ile-Ife, Osun State, has announced the death of a Part Three medical student of the institution, Timilehin Toromade. In a release signed by the university’s Public Relations Officer, Abiodun Olanrewaju, and obtained in Osogbo, the management said Toromade was believed to have died in his sleep in the early hours of Tuesday. Giving further details surrounding the incident, the management said Toromade, with matriculation number CLI/2022/133, possibly died after 2 a.m. on Tuesday, as one of his roommates reportedly opened the door for another medical student occupying the same building around that time. “The…

The three Omatu brothers who died in the inferno that razed a 25-storey building known as Great Nigeria Insurance House in Lagos Island, Lagos State, will be buried on January 14. PUNCH reports that the fire incident, which occurred just hours before Christmas Day, spread rapidly to neighbouring buildings, including a mosque and a nearby plaza, sending thick plumes of smoke into the skyline. The report revealed that one of the families deeply affected by this incident is the Omatu family, who lost three siblings: Steve (40), Casmir (39) and Collins (37), after they were trapped in the building and…

Newcastle United manager Eddie Howe has dismissed speculation linking him with the Manchester United job, insisting he is “very happy” at St James’ Park. Howe, who has been in charge of Newcastle since November 2021, is now one of the longest-serving managers in the Premier League, behind only Pep Guardiola, Mikel Arteta, and Marco Silva. As reported by BBC Sport on Tuesday, when asked if anything could tempt him away following Ruben Amorim’s sacking at Manchester United, Howe told BBC Sport: “No. Not at this current time. The most important thing for me is happiness in the role, happiness in…