Author: News Room

Analysts at Bernstein have raised their price target on Robinhood Markets, based on their investment thesis that the online brokerage’s next phase of growth will be driven by tokenized equities and prediction markets rather than traditional crypto trading.In a Monday research note, Bernstein raised its price target on Robinhood (HOOD) stock to $160 from $130 per share and maintained its Outperform rating. HOOD stock was last seen trading around $101. The analysts said prediction markets are poised to become Robinhood’s fastest-growing business, forecasting segment revenue to reach $1.7 billion by 2028, representing a 64% compound annual growth rate.Beyond prediction markets,…

Jessie J and boyfriend Chanan Colman quietly split after welcoming their first baby together. “Chanan and I decided to end our romantic relationship some time ago,” the singer, 38, wrote via Instagram on Monday, July 20. “It has been a sad and difficult situation, but we have been focused on navigating the change privately and positively for a healthy and happy coparenting environment for our son, and ourselves.” Jessie explained why it was important for her to address the breakup herself. “Unfortunately being in the public eye this is the easiest way to let people know the truth, before rumours…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will hold the commercial bid conference for its 2025 Licensing Round on Tuesday. The conference will mark the next stage in the allocation of 50 oil and gas blocks across the country. The commission, in a statement issued on Monday, said only prequalified companies invited to the exercise would be allowed to attend the conference at the Transcorp Hilton Hotel in Abuja. According to the NUPRC, the licensing round covers 50 oil and gas blocks spread across diverse terrains, including 16 onshore blocks in the Niger Delta, 18 shallow water blocks, one deep…

MTN Nigeria has warned customers to disregard fraudulent online posts claiming the telecom operator is offering “1 Month Free Data for Old Subscribers,” describing the promotion as fake and unauthorised. In a statement shared on its X handle on Monday, the telco said the circulating promotion is not from MTN and is not affiliated with the company. MTN urged customers not to click on the accompanying link in the online post or provide their phone numbers or personal information on any third-party website. Customers are advised not to click on the link or provide their phone numbers or personal information…

The vice-presidential candidate of the Nigeria Democratic Congress, Rabiu Kwankwaso, says he believes the party’s presidential candidate, Peter Obi, will honour his pledge to serve only one four-year term if elected in 2027, revealing that both men signed a written agreement to that effect. Kwankwaso disclosed this during an interview aired on Channels Television on Monday, where he said the agreement provides that power would return to the North after a single four-year tenure. Asked whether Obi’s commitment to serving only four years was “sacrosanct,” Kwankwaso said he had no reason to doubt the former Anambra State governor. “Oh yes,…

Adobe’s experimental camera app has taken an unexpected turn. After Project Indigo was launched last year to provide a “more natural (SLR-like) look” for iPhone photography, the Indigo camera app is now being updated with a suite of generative AI tools. And the change doesn’t rely upon Adobe’s own Firefly AI models.Adobe describes the new “AI Playground” tooling suite as an experiment and says there’s a button that allows users to opt out and continue using the app as before. Free access to the suite with no sign-on requirement is being tested with a small percentage of Indigo users over…

President Bola Ahmed Tinubu of Nigeria has moved to address what his office called the fragmentation of digital asset regulation.The Nigerian president’s special adviser Bayo Onanuga said that an executive order signed on Friday would “harmonize the regulation of virtual assets, strengthen cooperation among the nation’s financial, revenue and capital markets agencies, protect citizens from fraud, and safeguard the integrity of the financial system while enabling responsible innovation.” It also established a virtual asset council headed by some of the nation’s top financial regulators to direct related policies, and Nigeria’s tax authority will update its policies on digital assets.“[T]he order…

Sydney Sweeney and Scooter Braun looked as in love as ever in new photos from a trip to Australia. “A little aussie dump,” Sweeney, 28, captioned an Instagram post on Sunday, July 19, that included highlights from the getaway. The compilation included a glimpse of her romance with Braun, 45, who joined her in several photos. In one shot, the couple posed while standing next to a helicopter and while out at dinner. Braun was also seen planting a kiss on Sweeney’s cheek, while another photo showed the pair recreating the iconic Titanic pose on a boat. The final photo…

The State Security Service (SSS, also called DSS) has said it will appeal Monday’s life sentences for two top commanders of the Ansaru terror organisation by a Federal High Court, Abuja. The News Agency of Nigeria (NAN) reports that Justice Emeka Nwite had, shortly after the two notorious terrorists pleaded guilty to the 32-count terrorism charge, sentenced them to life imprisonment. The judge gave the verdict after the convicts and their lawyer begged the court to temper justice with mercy. The convicts are Mahmud Usman (aka Abu Bara’a/Abbas/Mukhtar) and Abubakar Abba (Mahmud al-Nigeri/Malam Mamuda), who is the deputy and chief…

Rudi Garcia will step down as head coach of Belgium after the Royal Belgian Football Association confirmed that his contract, which expires on July 31, will not be extended. The announcement follows Belgium’s run to the quarter-finals of the 2026 FIFA World Cup, where the Red Devils were eliminated by eventual champions Spain. In a statement released on Monday, the RBFA confirmed the end of its partnership with the 62-year-old Frenchman after 18 months in charge. According to Garcia, “After discussions with the Belgian Federation, we decided not to extend the excellent run of the past 18 months.” He added,…