Author: News Room

South Korea’s central bank chief warned that Korean won-denominated stablecoins could complicate capital flow management, adding a note of caution to an ongoing debate among lawmakers over whether and how domestic stablecoins should be issued, according to local reports.Speaking at the Asian Financial Forum in Hong Kong, Bank of Korea Governor Lee Chang-yong said authorities are considering a new registration framework that would allow domestic institutions to issue virtual assets, according to a report by Radio Television Hong Kong. He cautioned, however, that stablecoins remain controversial because of their potential impact on foreign exchange stability.Lee said won-pegged stablecoins would likely…

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! It’s rare to find a style trend that delivers a country vibe with a chic appearance . . .  until now. Country sport fashion has a way of marrying polished classics with a subtle Western edge, and we found so many pieces that deliver the look. All of these picks add a pop of personality to even the simplest outfits (even though they start at just $32). Lucky for Us, there’s no better place than Nordstrom to shop country sport…

The Peoples Democratic Party (PDP) in Akwa Ibom State held a strategic stakeholders’ meeting on Monday, 26 January, in Uyo, as leaders reaffirmed their commitment to the party’s rebirth and rebuilding. The Caretaker Chairman of the PDP in Akwa Ibom, Iquat Umoren, thanked the stakeholders for keeping faith with the party despite the current happenings, noting that the stakeholders’ meeting was part of the party’s strategic plan to commence its rebirth and rebuilding. “We are here to prepare our strategy for the year. It is time for us to go into the communities. It is clear that we all have…

Anambra State Commissioner for Information, Law Mefoh, says Governor Chukwuma Soludo has the right to shut down Onitsha Main Market. Mefoh made this statement on Tuesday when he featured in an interview on Channels Television’s ‘Morning Brief’. The commissioner was reacting to the outrage trailing the closure of the Onitsha market by the governor. DAILY POST reports that Governor Soludo on Monday shut down the Onitsha market over the observance of the Monday sit-at-home by traders. The commissioner said, “The government of a state has an oversight function over everything, including market in the state. “So you can see that…

The National Publicity Secretary of the All Progressives Congress, APC, Felix Morka, on Tuesday said the party would decide on the position of the Vice President when the time comes. Morka explained that an endorsement of President Bola Tinubu for a second term is also an endorsement for the VP. He disclosed this while featuring on Arise Television’s Morning Show. The APC spokesman was reacting to speculations that Vice President Kashim Shettima could be dropped as Tinubu’s running mate in 2027. Morka said: “The position of Vice President, when the time comes, is liable to conversations at the party level,…

Troops of the 1 Division of the Nigerian Army have rescued 11 kidnapped victims in Kachia Local Government Area of Kaduna State following a coordinated operation along the Kaduna–Abuja road. The development was contained in a post shared on X by security analyst Zagazola Makama on Tuesday. According to the post, soldiers deployed at a Forward Operating Base (FOB) in Doka spotted armed kidnappers moving with captives along a bush track between Gidan Duna and Amale in Kachia LGA on Monday. The troops immediately mobilised and pursued the suspects. “On sighting the approaching security vehicles and motorcycles, the terrorists abandoned…

Nigerian model and socialite, Denrele Edun, has spoken candidly about his sexuality and love life. Featuring in a recent episode of The Moraya Show, the socialite revealed that he has been unlucky with love, stressing that his partners often don’t reciprocate his commitment. “I have not really been lucky with love. People like us who have so much love to give to the world, we don’t really get it back in return. So, I have found it in different people and places, and I have realised that let me just love myself at this point. “All my special attachments did…

Nigeria’s Super Falcons will take part in the WAFU B Four-Nation tournament as part of their preparations for the 2026 Women’s Africa Cup of Nations, DAILY POST reports. Cote d’Ivoire will host the competition from from Friday, 27 February to Saturday, 7 March 2026. Ghana and Senegal are the two other countries that will be participating in the competition. The four countries will also compete at WAFCON 2026. They will also the WAFU tourney to prepare for the competition. Morocco will host the WAFCON 2026 finals from 17 March to 3 April 2026.

The Federal Government signed a Comprehensive Economic Partnership Agreement with the United Arab Emirates to remove tariffs on some products. A member of the Governing Board of the North East Development Commission, Rep. Sam Onuigboin, in an interview with the News Agency of Nigeria in Abuja on Tuesday, said that the game changer in Abu Dhabi was CEPA, which Nigeria signed with UAE at the Abu Dhabi Sustainability Week, which took place from Jan. 11–15. NAN reports that Onuigbo was a member of the House of Representatives of Nigeria who represented Ikwuano/Umuahia North and South Federal Constituency and served as…

The Adamawa State Police Command has urged members of the public to report cases of police misconduct rather than engage in physical confrontation with officers. The call was made by the Police Public Relations Officer, SP Suleiman Nguroje, in a statement shared on Facebook on Tuesday. In the statement, Nguroje warned that fighting a police officer could expose individuals to multiple criminal charges, even if they believe they are innocent. “What is the essence of you fighting a police officer?” the statement read. He reminded the public that police officers are law enforcement agents and that physical resistance could attract…