Author: News Room

NBA, others disagree on bill requiring social media platforms to establish physical offices

The Nigerian Bar Association (NBA), the Nigeria Internet Registration Association (NIRA) and several other organisations have expressed concerns over a bill seeking to compel social media platforms and bloggers operating in Nigeria to establish physical offices with verifiable addresses in the country. The organisations voiced their concerns during a public hearing organised by the Senate Committee on ICT and Cyber Security on Thursday. The bill, sponsored by Ned Nwoko (APC, Delta North), passed second reading in the Senate in March 2025 before being referred to the committee for a public hearing. While some stakeholders said that requiring social media platforms…

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Lagos Assembly approves N200bn bond, FAAC financing scheme

The Lagos State House of Assembly on Thursday approved the state government’s request to issue a N200bn bond and participate in the Federation Account Allocation Committee Receivables Discounting Programme to finance critical infrastructure projects across the state. The approvals followed the adoption of the Joint Committee on Economic Planning and Budget and Finance’s report during plenary. Presenting the report, Chairman of the Joint Committee, Sa’ad Olumoh, said the panel examined the executive’s requests and found them suitable for legislative approval. Olumoh said the Commissioner for Finance, Abayomi Oluyomi, informed the committee that the Federal Government introduced the FAAC Receivables Discounting…

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BitMEX to Shut Down Crypto Exchange After 11 Years

BitMEX, one of the pioneers of cryptocurrency derivatives trading, announced it will shut down operations after owner and operator HDR Global Trading Limited decided to close the company following a strategic review.BitMEX announced Thursday that it will stop exchange services on Sept. 23, 2026, at 04:00 UTC and urged users to close positions and withdraw funds before the deadline.“We want to reassure you that your assets remain fully safe and under your control during this transition period,” BitMEX said in a statement to users.BitMEX did not disclose further details about the factors behind HDR Global Trading Limited’s decision to close…

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Top Chef’s Eric Adjepong’s Daughter Granted Protective Order

Top Chef star Eric Adjepong’s 7-year-old daughter, Lennox, was granted a protective order against him amid abuse claims. According to court records viewed by Us on Thursday, July 23, Adjepong, 38, was ordered by a Maryland court to not abuse, contact and enter the residence where Lennox resides. Adjepong, who shares Lennox with ex Janelle Davis-Mack, was also ordered to stay away from his daughter’s school and child care providers as well as surrender his firearms. The protective order was granted for one year. The Washington Post reported that the judge ruled that “there is a preponderance of the evidence…

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Amupitan canvasses further review of Electoral Act to accommodate party dispute resolutions, others

The Chairman of the Independent National Electoral Commission (INEC), Joash Amupitan, on Thursday called for further amendments to the Electoral Act to address existing loopholes in the law. Mr Amupitan made the call while delivering a keynote address at the launch of a book, “Shadows,” authored by the Managing Director of THISDAY newspaper, Eniola Bello, in Abuja. The two-volume book is a collection of Mr Bello’s columns and experiences from 1999 to 2023. It is his reflection and account of the country’s return to democracy and the Fourth Republic and how it has fared so far. President Bola Tinubu signed the 2026…

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Golf: Port Harcourt to host Nigerian National Finals

Python Golf Club, Port Harcourt, has been officially unveiled as the host venue for the Nigerian National Finals of this year’s International Pairs Golf Championship, as the race to the World Final gathers momentum. Billed for July 31 to August 2, the elite club tournament will see amateur golfers from across the country battle for the exclusive ticket to represent Nigeria at the global finals in Tenerife, Canary Islands, Spain, from October 5 to 9, 2026. Falcon Golf Development Company, the official franchise holder of the event in Nigeria, is organising the tournament. Speaking on preparations, FGDC Chief Executive Officer,…

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Bitwise Exec Looks To Hyperliquid, Robinhood For Next Crypto Bull-Market Spark

Bitcoin (BTC) is “finally showing signs of a bottom,” but the next bull market will have a different source.Key points:TradFi integrations, particularly Hyperliquid and Robinhood, will drive the next crypto bull market, says Bitwise’s Matt Hougan.The resulting tide should “lift” the largest cryptocurrencies with it, including Bitcoin and Ether.Apparent demand for BTC is already showing signs of reversal, per Bitwise data.Hyperliquid, Robinhood catalyst to “lift most of” crypto sectorIn a blog post on Wednesday, Matt Hougan, chief investment officer at crypto asset manager Bitwise, revealed his picks for what will “lift” BTC price action going forward.BTC/USD is gaining ground against…

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Inside Mrs. Maisel Set Designer’s Husband’s Family’s Violent Past

Joseph Azzaretto’s family had a violent past before he allegedly killed his wife, Mary Kate Golding, and died at a nearby park as part of a suspected murder-suicide. Us previously reported that Azzaretto, 33, was found dead in New York City’s Astoria Park in the early hours of Tuesday, July 21. His body was found just hours after he allegedly stabbed Golding, 34, to death in their home and left their 11-month-old son with her body. The tragedy took place six years after Azzaretto’s younger brother, Nicholas Azzaretto, was arrested after he killed their father, Frank Azzaretto, in February 2020.…

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Minority caucus walks out as Reps pass state police bill

The minority caucus of the House of Representatives on Thursday staged a walkout during plenary, protesting the manner in which the House considered and passed a bill seeking to establish state police in Nigeria. The walkout occurred shortly after the House passed the Constitution Alteration Bill seeking to create state police. The bill was passed after the House considered the proposal during plenary and adopted the report of the Committee of the Whole. The passage followed a voice vote conducted by the Speaker, Abbas Tajudeen, who presided over the proceedings as chairman of the Committee of the Whole. The passage…

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Oil block bidding: Inside Nigeria’s seven-hour transparency test

After years of opaque allocations, Nigeria’s latest seven‑hour oil block bidding saw 31 winners from 143 bidders, but doubts over transparency and capacity persist as the 2026 round approaches, DAMILOLA AINA reports For years, the allocation of Nigeria’s oil blocks was often associated with long gaps between licensing rounds, regulatory uncertainty and questions about how the country’s prized petroleum assets were awarded. But on Tuesday, the process unfolded in full view. Inside the lavishly decorated green-and-white hall of the Transcorp Centre in Abuja, more than 50 tables were occupied by oil executives, bidders, observers, regulators and journalists, all focused on…

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