Author: News Room
The UK’s Financial Conduct Authority (FCA) reportedly has reached out to prediction market companies as part of discussions over whether the regulator would loosen a ban for retail investors, in place since 2019.According to a Friday report from The Times, the FCA is weighing lifting a ban on prediction market platforms like Polymarket and Kalshi for UK-based retail investors. Because prediction markets offer binary options on event contracts, such as for sports, politics and the weather, they fall under an April 2019 ban imposed by the FCA, in which companies were “prohibited from selling, marketing or distributing binary options to…
Jessica “Chubbs” Shannon is moving on after her divorce with help from her mom, June “Mama June” Shannon. “Well the marriage didn’t work, but the wedding dress was beautiful,” June, 47, wrote via Instagram on Sunday, September 6, alongside photos of Jessica, 29, wearing a sheer, sleeveless dress with a lacy, low-cut bodice. “We r selling Jessica wedding [dress], it’s a beautiful dress it’s a size 20W, [it] hasn’t been altered, [it] has pockets,” June added, noting that the dress “hasn’t been dry cleaned” but has “no stains.” “I paid $1500 but asking $800,” the Mama June: Family Crisis star…
In the end, the issue is not whether Olayinka or anyone else finds Oseni’s choice of words offensive, but whether the political circumstances make the metaphor conceivable. And therein lies the irony. In attempting to rebuke Oseni for describing Onor as gbewudani, Olayinka offered explanations that arguably strengthened the very impression he sought to dispel. Amongst many others, two things sicken me about Nigerian politicians. The first is their capacity to approbate and reprobate. You know that inclination to blow hot and cold in the same breath. The second, which flows from the first, is their compulsion to assume that Nigerians…
A new report by the United Nations Environment Programme (UNEP) and the Climate and Clean Air Coalition (CCAC) has found that integrated action to tackle climate change and air pollution could prevent about 144 million premature deaths globally by 2050. The report, titled Hidden Assets: The Economic and Health Case for Climate and Clean Air Action, said implementing 25 proven measures across energy, transport, industry, agriculture, household cooking and heating, and waste management could significantly reduce exposure to harmful air pollutants while also slowing climate change. The measures include expanding renewable energy and energy efficiency, improving oil and gas operations,…
The Federal Government has partly blamed the underperformance of its budgets on conflicting macroeconomic projections by agencies responsible for fiscal and monetary policy, prompting the Economic Management Team to establish a committee to harmonise key assumptions used for budgeting and economic planning. The government said differences in projections for crude oil prices and production, exchange rates, inflation and non-oil revenues had created inconsistencies in budget planning and contributed to actual fiscal outcomes falling short of expectations. This was disclosed in a statement issued on Monday by the Secretariat of the Economic Management Team at the Federal Ministry of Finance following…
Crypto fund flows are becoming increasingly sensitive to changes in the US interest-rate outlook, with CoinShares arguing that Federal Reserve policy remains a key barrier to Bitcoin (BTC) breaking above $80,000 despite continued investor demand for crypto.In his latest market update, CoinShares head of research James Butterfil argued that “Bitcoin is trading like gold again, but the Fed still sets the ceiling” at around $80,000.That sensitivity was evident after Fed Chair Kevin Warsh’s speech at Jackson Hole. Warsh said progress on inflation had been modest and that price pressures were not easing quickly enough to give the central bank’s policy…
As summer unofficially comes to an end, Florida Georgia Line member Brian Kelley and his wife, Brittney Marie Kelley, are celebrating a season filled with unforgettable memories. “This year’s been really magical. I mean, top moment would probably have to be CMA Fest,” Brian, 41, exclusively told Us on Wednesday, September 2, when celebrating his new album, Coral Beats. “Getting the boys back together, doing the thing at the stadium. The brotherhood is alive and strong, and we’ve got some really exciting plans for next year. It’s just been such a magical year. That’s top of the list.” In June,…
Former Kaduna State governor Nasir El-Rufai has demanded a public apology and ₦10 billion in compensation from the Minister of Defence, Christopher Musa, over an allegation that he deliberately planned killings in Southern Kaduna. Mr El-Rufai’s lawyers made the demands in an eight-page pre-action letter dated Monday, 7 September, giving the minister seven days from the effective receipt of the letter to substantiate his allegations or retract them. A copy of the letter, posted alongside a statement by the El-Rufai family, bears an acknowledgement stamp from the Ministry of Defence dated 7 September. The public statement was signed by Mr…
Waka music icon Salawa “Queen of Waka Music” Abeni has opened up about the challenges she faced at the beginning of her music career, revealing how jealousy and alleged “diabolical attacks” from senior colleagues nearly forced her out of the industry. The 65-year-old began her career in 1976 with the release of her debut hit album, “Late General Murtala Ramat Mohammed.” Speaking on “Rubin’s Mind” on Channels Television on Sunday night, she recounted some of the challenges she faced, including losing her voice and vomiting blood at different points in her career. Abeni said she developed an interest in music…
The Nigeria Bar Association, Akure Branch, has raised concerns over poor courtroom facilities and other systemic challenges affecting legal practice in Ondo State. The branch also criticised the difficulties associated with electronic filing, saying a system introduced to improve court processes had instead created additional burdens for lawyers. The branch chairman, Oju Kekemeke, raised the concerns in his inaugural address, “The Hour of Duty Has Clocked,” made available on Monday. Kekemeke, who was inaugurated alongside other members of the new executive on Saturday in Akure, said lawyers in the state were practising in a difficult environment due to systemic and…
