Author: News Room

The World Bank will phase out its lending to China by 2031, according to the organisation’s new country partnership framework, a source familiar with the matter told AFP on Tuesday. The source confirmed an earlier report of the development by the Financial Times. “China has made significant development advances over the past several decades — progress that the World Bank and others have supported,” said a World Bank official familiar with the matter, speaking on condition of anonymity. “Now we are reaching a new phase of our relationship, reflecting that reality.” World Bank lending to China — the world’s second-largest…

US President Donald Trump’s cryptocurrency ventures generated more income for him in 2025 than his real estate and resort businesses, according to his latest financial disclosures. Donald Trump’s annual financial disclosure report was released by the US Office of Government Ethics on Tuesday, revealing more than $1.4 billion in income from crypto-related ventures last year. The filings show Trump has profited substantially from an industry that he’s simultaneously regulating, which critics say creates a conflict of interest. In 2025, his administration pushed pro-crypto policy, a friendlier regulatory environment and executive orders favorable to digital assets, while his family’s ventures generated vast income…

The Real Housewives of New Jersey star Teresa Giudice’s daughter, Milania Giudice, was allegedly “throwing things” at her mother’s house before her assault arrest earlier this month, police claim. Milania’s sister Gabriella Giudice called police in Montville Township, New Jersey, on May 14 to report that Milania, 20, was “acting erratically,” according to the arrest report obtained by Us Weekly on Tuesday, June 30. Gabriella, 21, told the dispatcher that her sister had been “throwing food [and] candles,” although the alleged victim was not named. No weapons or injuries were reported. According to the report, Milania was placed in handcuffs…

Attacks and killings linked to the outlawed Indigenous People of Biafra (IPOB) and other pro-Biafra groups in Nigeria’s South-east declined significantly in 2025, about one year after a controversial Biafra agitator, Simon Ekpa, was jailed in Finland, checks by PREMIUM TIMES revealed. This newspaper comparatively analysed the attacks as well as killings that happened in 2024 and 2025 across the five states in the South-east to determine the decline of the attacks and killings. The decline after Mr Ekpa’s arrest and imprisonment in Finland shows that the Biafra agitator may have contributed to the attacks in the region. Arrest and…

Rising fuel prices, worsening traffic congestion and the rapid expansion of e‑commerce are reshaping Nigeria’s urban logistics landscape, creating opportunities for an unlikely but increasingly important player in the delivery ecosystem, the bicycle courier, writes GODWIN AIKIGBE Across major cities including Lagos, Abuja, Port Harcourt and Ibadan, young men on bicycles carrying brightly coloured delivery backpacks have become an increasingly familiar sight. Whether weaving through traffic on busy highways, navigating narrow streets inaccessible to vehicles or waiting patiently outside restaurants for the next assignment, these riders are quietly redefining last‑mile delivery in Nigeria. The bicycle courier segment remains a relatively…

Almost 1,700 UK investors are reportedly suing Binance and its founder Changpeng Zhao for 150 million British pounds ($200 million), alleging the crypto exchange offered and sold crypto derivatives without regulatory approval.The law firm representing the investors, KP Law, said Binance’s leverage tokens, futures contracts and options offerings breached the Financial Services and Markets Act 2000 and that these products continued to be offered after the Financial Conduct Authority banned such products from being offered to retail customers in January 2021.“There appeared to be no effective barrier preventing UK customers from accessing them,” the law firm said.Binance told Cointelegraph it…

Brooks Nader’s sizzling hot style isn’t going anywhere — despite her frequent wardrobe malfunctions. Nader, 28, took to her Instagram Stories on Tuesday, June 30, to show off a risqué look while enjoying a yacht getaway. In the clip, which she filmed inside her bathroom, the Sports Illustrated Swimsuit model rocked a black dress featuring a plunging neckline that exposed her cleavage. The rest of her dress was complete with a halter neckline, an open back and sides that dipped so low her fans got a front row seat to her sideboob. Nader was quick to adjust her dress while…

The Delta State House of Assembly on Tuesday declared the Udu Constituency seat vacant after Collins Ogbetamah, representing the area, defected from the All Progressives Congress (APC) to the Nigeria Democratic Congress (NDC). The decision followed the reading of Mr Ogbetamah’s resignation letter, dated 19 June, by the Speaker of the Assembly, Dennis Guwor. In the letter, Mr Ogbetamah notified the house of his defection from the APC to the NDC. Following deliberations, Majority Leader of the assembly, Emeka Nwaobi invoked relevant provisions of the 1999 Constitution, as amended, moving a motion declaring the seat vacant and requesting INEC to…

The pan-Yoruba socio-political organisation, Afenifere, on Tuesday, commended the Inspector-General of Police, Olatunji Disu, alongside Ogun State Governor, Dapo Abiodun, Lagos State Governor, Babajide Sanwo-Olu, and the state Commissioners of Police for what it described as their decisive response to banditry and kidnapping along the notorious Sagamu-Ore Road corridor. Afenifere, in a letter of commendation issued on behalf of its leader and Asiwaju Yoruba, Pa Reuben Fasoranti, a copy of which was obtained by The PUNCH in Ibadan, the Oyo State capital, praised the security chiefs and state governments for restoring confidence through coordinated security operations that have significantly curtailed…

Bitcoin (BTC) fell toward $58,000 around Tuesday’s Wall Street open as the clock ticked down to a brutal quarterly close.Key points:US stocks’ Q2 gains leave Bitcoin far behind as bulls nurse losses of nearly 20%.Bitcoin faces renewed pressure from the risk of Japanese government moves to support the yen.BTC price weakness is forcing capitulation by top buyers, says analysis.Bitcoin “about to get spicy” amid 40-year dollar/yen highData from TradingView showed downside gaining the upper hand as volatility increased into the US session.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewWith $60,000 increasingly looking lost as support, commentators saw the tussle between bulls and bears…