Author: News Room
Open interest in Bitcoin derivatives markets has declined over the past three months, resulting in dwindling leverage that has become bullish for the overall market structure, according to CryptoQuant.A 31% decline in open interest (OI) on Bitcoin derivatives since October is a “deleveraging signal” which helps purge the excess leverage built up in the market, said the on-chain analytics provider on Wednesday. “Historically, they have often marked significant bottoms, effectively resetting the market and creating a stronger base for a potential bullish recovery,” said crypto analyst “Darkfost,” who was quoted in the post. The analyst said that this could be the case…
Jessica Simpson is leaning into her roots — no matter how fishy. “I’m back on set with Chicken of the Sea to record their jingle,” Simpson, 45, said in a Wednesday, January 14, social media video, showcasinging the singer back in the recording studio. Simpson subsequently belted the tuna brand’s iconic jingle, “Ask any mermaid you happen to see, what’s the best chicken?” Simpson, however, quickly realized that she didn’t have the lyrics correct. Related: Jessica Simpson Through the Years: Photos Jessica Simpson has come a long way since introducing herself to the world as a young singer with memorable…
The Federal High Court in Lagos on Wednesday dismissed an application by the National Drug Law Enforcement Agency (NDLEA) for the suspension of the enforcement of its earlier order directing the unsealing of Proxy Night Club in Victoria Island. The judge, Ambrose Lewis-Allagoa, delivered the ruling after hearing arguments from both parties. According to a Certified True Copy (CTC) of the filings shared with PREMIUM TIMES, the NDLEA had filed a Notice of Appeal on 10 December 2025, formally challenging the 5 December 2025 ruling that ordered the nightclub to reopen. On the same day, the agency also filed a…
Economic activities, including the movement of farm produce and travellers, are gradually returning to normal following the easing of the prolonged communal conflict between Biakpan and Etono II communities in Biase Local Government Area of Cross River State. The two neighbouring communities have been locked in a bitter dispute since early last year over ownership of a parcel of land, leading to loss of lives, destruction of property and the near total shutdown of commercial activities along the corridor. Although the Supreme Court had several years ago ruled in favour of Biakpan, Etono II community members maintained that the judgment…
As the 2027 general election gathers momentum in Lagos State, former governor Akinwunmi Ambode is re-emerging in political calculations, with party power brokers said to be working to defer Seyi Tinubu’s governorship ambition to 2031. The contest is shaping up to be one of the most competitive in recent history, with several high-profile aspirants, emerging power blocs, and an increasingly vocal electorate weighing in on the state’s future leadership. Seyi, 40, who is the son of President Bola Tinubu is being touted by several youth and diaspora groups as a potential contender for the Lagos State governorship. Last year, there were…
Actress Regina Daniels’ best friend, Ann, has regained her freedom after spending two nights in detention. Ann reportedly regained her freedom on Wednesday evening after the case was adjourned to March 5, 2026. Regina Daniels’ elder brother, Sammy, who made this known on his Instagram story on Wednesday, had before her release, disclosed that Ann was taken to court without access to her legal representative. “Similar techniques. Not letting legal representative or family aware of the whereabouts. Not allowing anyone know the court, final stage prison. Case adjourned until March 5th,” he wrote. However, announcing her release hours after the…
The CAF Disciplinary Board has charged the President of the Cameroonian Football Federation, Samuel Eto’o, with misconduct following the AFCON quarter-final between Morocco and Cameroon in Rabat last weekend. CAF disclosed this in a statement via their website in the early hours of Thursday morning. The Board found Eto’o guilty of violating the principles of sportsmanship set out in Article 2(3) of the CAF Statutes. It also found the former Barcelona and Chelsea striker guilty of Article 82 of the CAF Disciplinary Code for his misconduct during the said match. As a result, the Board imposed a stadium ban on…
Labour Party presidential candidate in the 2023 election, Peter Obi, and a former presidential aide, Reno Omokri, have commended the Super Eagles for their performance at the 2025 Africa Cup of Nations (AFCON) despite their semi-final defeat to Morocco. Nigeria lost 4–2 on penalties to the host nation after a goalless draw over regulation time and extra time on Wednesday, ending the Super Eagles’ bid for a place in the final. Reacting via his X handle on Thursday, Obi praised the players for their resilience and commitment, urging them to remain focused ahead of the third-place match. “Dearest gallant Super…
A petrol tanker driver has been arrested after his vehicle struck a commercial motorcycle, leading to the death of the rider and his passenger along the Epe–Ijebu Road in Lagos State. PUNCH Metro learnt on Wednesday from the spokesperson for the Lagos State Traffic Management Authority, Adebayo Taofiq, that the accident occurred while the commercial motorcyclist was riding against traffic. He noted that the tanker driver violently collided with the motorcyclist and his passenger, resulting in their deaths. Taofiq stated, “The Lagos State Traffic Management Authority has announced the arrest of the driver of an empty Premium Motor Spirit tanker…
Early detection is one of the most effective tools for improving cancer survival. When cancer is identified at an early stage, treatment is often more effective, less invasive, and significantly more likely to save lives. Yet, in many communities, silence surrounding cancer is as deadly as the disease itself. Late presentation and delayed diagnosis, often driven by limited awareness, stigma, and misinformation, remain major contributors to preventable cancer deaths. For me, cancer is not only a medical challenge; it is also a communication failure with life-and-death consequences. My interest in cancer research marks a significant turning point in my career.…
