Author: News Room

Key takeaways:Bitfinex Bitcoin margin longs hit 2-year highs, but arbitrage suggests this isn’t a purely bullish price indicator.Bitcoin price drops as tech stock valuations and gold gains drive investors toward cautious, risk-averse behavior.Bitcoin (BTC) price plummeted to its lowest level in over two months on Thursday, retesting the $84,000 support. This sell-off aligned with a broader move toward risk aversion after Microsoft (MSFT US) shares tanked 11% following reports of increased capital expenditures and disappointing quarterly cloud server revenue.​Investors are currently analyzing why demand for bullish margin positions surged to a two-year high despite a 26% price decline over the…

When New England Patriots quarterback Drake Maye steps onto the field at the 2026 Super Bowl, he’ll be doing so at a stadium that holds unforgettable memories for him and his father. A decade before he guided New England to a surprising Super Bowl berth, Maye, 23, was just a Carolina Panthers fan with a dream.  “We are obviously big Panthers fans,” Drake’s dad, Mark Maye, told the Charlotte Observer on Thursday, January 29. “So Drake said, ‘Dad, hey, if they go to the Super Bowl, can we go?’ Probably like a lot of dads, I said, ‘If the Panthers…

A sum of $6.23 million was withdrawn in cash from a Central Bank of Nigeria (CBN) vault in one day in February 2023, during the tenure of Godwin Emefiele as the CBN governor, a prosecution witness said on Thursday, shedding light on a transaction previous witnesses had said was based on false claims and forged documents. Bashirudden Maishanu, an assistant director in CBN, who testified as the 11th prosecution witness in Mr Emefiele’s corruption trial at the Federal Capital Territory (FCT) High Court in Maitama, Abuja, narrated the roles he played in facilitating the suspicious cash withdrawal. He said the…

Hundreds of supporters on Thursday thronged the Sir Abubakar Tafawa Balewa International Airport, Bauchi, to welcome the State Commissioner for Finance, Dr Yakubu Adamu, following his return from Abuja. Adamu arrived in the state after the Federal High Court in Abuja granted him bail in an alleged terrorism financing case currently before the court. DAILY POST reports that supporters, drawn from different parts of the state, received the commissioner with chants and prayers, expressing confidence in his innocence as the trial continued. Some of them told journalists that the court’s decision to grant bail was reassuring, urging the public to…

National Secretary of the All Progressives Congress (APC), Ajibola Basiru, has revealed that the Minister of the Federal Capital Territory (FCT), Nyesom Wike, is being engaged to end the lingering political crisis in Rivers State. Basiru, who made the revelation on Thursday during an interview on TVC News, admitted that Wike is a critical stakeholder in the present administration. He said Wike is being engaged to find a solution to the crisis because Rivers State is critical to the success of President Bola Tinubu. “Wike is an avowed supporter of President Tinubu, even though he is not in the APC.…

A man has confessed that he participated in a plot that led to the murder of his elder brother after being promised N2 million by the plotters. The man, Abubakar Sadiq, told the police that he agreed to the scheme and began to play his part after receiving N130,000 as a deposit of the agreed N2 million. Sadiq, who is now in the custody of the Adamawa State Police Command, admitted that he tracked the movements of his elder brother, Alhaji Sadiq Kawu Boga, a businessman resident in Gombi Local Government Area. He was arrested by police operatives acting on…

Bendel Insurance have signed experienced striker Chisom Chikatara, DAILY POST reports. The veteran forward, who last played for Abia Warriors in the 2021/22 season, joins the Benin Arsenals for the remainder of the season. Chikatara was one of the top performers in the NPFL during the 2014 season. The 31-year-old has also spent time with Tunisian side Wydad Casablanca. Bendel Insurance have also confirmed the signing of Christian Molukwu, Ebuka Okoro, Chijioke Akuneto, and Daniel Edah. Others are Peace Dewan, Emmanuel Ofori, and Victor Ikechukwu.

British-Nigerian boxer Anthony Joshua has spoken publicly for the first time following the fatal road accident that claimed the lives of two of his close friends in December 2025. In a video posted on his official Instagram page on Thursday, the former heavyweight champion expressed grief over the loss of his friends, Latif Ayodele, popularly known as Latz, and Gami Sina, describing them as his “brothers.” “So this is the best way I could reach out to all of you, far and wide, worldwide, who were showing so much love, care, support through that tragic, traumatic time where we lost…

Former senator representing Zamfara Central Senatorial District, Kabir Marafa, has refuted the claim that he has returned to the All Progressives Congress. Marafa described the claim as false, urging Nigerians to disregard it. The report, published by an online platform(Not PUNCH), alleged that Marafa had rejoined the ruling party alongside his supporters. However, the former lawmaker, who also served as Zamfara State Campaign Coordinator for President Bola Tinubu during the 2023 presidential election, said the claim was “fake, baseless and deliberately misleading.” This was contained in a statement issued on Thursday by the Director-General (New Media), Media Office of Marafa,…

Bukka Hut has reiterated its commitment to supporting small business owners following its annual Bukka Hut Yard Sale 6.0, which was held in December 2025. In a statement, the brand noted that its 2025 edition, themed ‘One Home, Many Stories’, took place across several Bukka Hut outlets, including Yaba, Anthony, Ogudu, and Ikorodu. Some activities at the Lekki outlet were disrupted by what the company described as unforeseen regulatory challenges. Bukka Hut said it acted swiftly to address the situation by compensating affected vendors and making provisions for their continued participation. The company stated that it paid each affected business…