Author: News Room

The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include national trust banks, recognizing their eligibility to issue the fiat-pegged tokens.The CFTC amended Staff Letter 25-40, which was issued on December 8, 2025, to include national trust banks, financial institutions allowed to function in all 50 US states. National Trust Banks typically do not provide retail banking services like lending or checking accounts. Instead, they offer custodial services, act as executors on behalf of clients and provide asset management services. The CFTC letter said:“The [Market…

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Cashmere sweaters are the ultimate way to nail posh rich-mom style. If you’re a fan of the luxe fabric but on the hunt for a budget-friendly alternative, we found 17 elevated cashmere-like sweaters. We love the idea of mastering class and sophistication without breaking the bank. From versatile silhouettes that nail A-list appeal to hooded cashmere-blend picks, these 17 sweaters look so exclusive yet affordable. Don’t worry about compromising quality; these sweaters are made from durable fabric that’s made to…

Actress Akinyanju “Ashabi Simple” Omobolarinde has opened up about her relationship with controversial singer Habeeb “Portable” Okikiola. Ashabi Simple, the singer’s fourth baby mama and mother of two of his children, said that contrary to public opinion, Portable promised her marriage. She made this statement during a recent appearance on Oyinmomo TV, which was posted on YouTube on Friday. She spoke amid an ongoing dispute with the Spider-Man crooner that led to his arrest, remand and arraignment over alleged assaults at his Iyana Ilogbo bar on 1 January 2026. The actress denied responsibility for Portable’s prosecution at the Federal High…

A teaser for MKO, an international feature documentary examining Nigeria’s annulled 12 June 1993 presidential election and the death of the presumed winner, MKO Abiola, has begun gaining attention online as the filmmakers prepare to take the project to film festivals. The film revisits the political crisis triggered by the annulment of the election, the international campaign that followed and Mr Abiola’s eventual death, a sequence of events that remains central to Nigeria’s modern political history. Directed by Nigerian-American filmmaker Ose Oyamendan, the documentary is produced by a team including three-time Academy Award–winning documentary filmmaker Mark Jonathan Harris and producer…

Ohanaeze Ndigbo Worldwide has publicly debunked a viral social media post falsely attributed to its President-General, Senator Azuta Mbata, which alleged that he called on Ndigbo to arm themselves in anticipation of an imminent war. The apex Igbo socio-cultural organisation described the report as a dangerous fabrication deliberately crafted to incite fear and violence, and called for a comprehensive investigation into the matter. Reacting to the development, the National Publicity Secretary of the organisation, Dr. Ezechi Chukwu, dismissed the report as a complete falsehood. “Let it be stated clearly, categorically, and without any equivocation that Senator Azuta Mbata, President-General of…

Governor Ademola Adeleke of Osun State has dismissed recent calls for the declaration of a state of emergency in the state, describing them as a continuation of what he termed a failed plot by the All Progressives Congress (APC) to seize power through backdoor. The governor was reacting to appeals by some civil society groups for emergency rule following recent developments in the state. Adeleke, however, described the groups as “faceless” and alleged that the call was a desperate move orchestrated by former governor Gboyega Oyetola and APC governorship candidate, Bola Oyebamiji. In a statement issued on Saturday in Osogbo,…

Al-Nassr would be willing to sell Cristiano Ronaldo, if he decides to leave the club, according to the UK Mirror. Ronaldo reportedly has a £43million release clause in his current contract. The clause will kick in at the end of this season. The 41-year-old has refused to play in Al-Nassr’s two league fixtures, as he is on strike to protest what he perceives as impartiality from Saudi Arabia’s Public Investment Fund (PIF). Ronaldo has accused PIF ofr favouring rival clubs for transfers. Saudi officials are understood to be “taken aback” by Ronaldo’s actions and are ready to “sign a new…

The Southern Governors’ Forum has commiserated with the Government and people of Kwara State over the deadly terrorist attacks that claimed at least 162 lives in the villages of Woro and Nuku in Kaiama Local Government Area of the state. The attacks, reportedly carried out by members of the Islamist sect Lakurawa on February 3, left scores dead and property destroyed. In a statement issued in Abeokuta on Saturday, the Chairman of the forum and Governor of Ogun State, Dapo Abiodun, expressed deep sorrow over the incident, describing it as a tragic and unfortunate act in which innocent and law-abiding…

The Federal Fire Service, Gombe State Command, has contained a fire outbreak at Riyal Quarters in Gombe metropolis, saving property estimated at ₦20 million. The Public Relations Officer of the Command, ASF Bashir Muazu, disclosed this in a statement made available to journalists on Saturday. According to him, the incident occurred at about 3:34 p.m. behind Alhaji Adamu P.A House in Riyal Quarters, prompting a swift response from personnel of the ATM Fire Operations Base. “The Federal Fire Service, Gombe State Command, through the ATM Fire Operations Base, responded to a fire incident at Riyal Quarters, behind Alhaji Adamu P.A…

Mikel Arteta said Viktor Gyokeres has raised his game to the “highest level” after the much-criticised striker scored twice in a 3-0 win over Sunderland on Saturday. Victory took the Gunners nine points clear at the top of the Premier League as they chase a first English title in 22 years. Martin Zubimendi’s fine strike broke the deadlock just before half-time at the Emirates before Gyokeres sealed victory in the second half. The Sweden international lashed home a shot from Kai Havertz’s pass before Gabriel Martinelli teed him up to slot into an empty net in stoppage time. Gyokeres has…