Author: News Room

Retail traders spooked by the massive crypto liquidation event in October fled back to major cryptocurrencies as their hopes for an altcoin season were dashed, according to Wintermute.Since around 2022, retail traders have been net sellers of majors such as Bitcoin (BTC) and Ether (ETH), preferring altcoins instead, but that pattern broke in 2025, according to Wintermute’s “Digital asset OTC market 2025” report released on Tuesday. The October 10 liquidation event and market crash “marked a clear inflection point,” accelerating retail’s rotation back into Bitcoin and Ether, the firm said. Data shows that retail investors were actively reducing exposure to the…

Melissa Gilbert is standing by husband Timothy Busfield after he surrendered to cops following allegations of child sexual abuse. “During this period, her focus is on supporting and caring for their very large family, as they navigate this moment,” Gilbert’s rep told Us Weekly in a statement on Tuesday, January 13. “Melissa stands with and supports her husband and will address the public at an appropriate time.” Gilbert’s rep added that the actress will not be making statements at this time at the request of Busfield’s lawyers. Us confirmed on Tuesday that Busfield, 68, surrendered to police in New Mexico…

The Nigeria Customs Service has intercepted more than 50,000 litres of petrol suspected to have been diverted for illegal export through border communities in Adamawa and Taraba states. The development revealed persistent fuel smuggling despite ongoing reforms in Nigeria’s downstream petroleum sector. The Adamawa/Taraba Area Command of the service said the seized petrol – 50,495 litres stored in 1,868 jerry cans, has a duty-paid value of ₦58.1 million and was intercepted at multiple border corridors notorious for cross-border fuel smuggling. The area comptroller, Mohammed Tako, disclosed the seizures on Tuesday in Yola during a briefing with journalists. Mr Tako said…

Elections are fundamental to democracy but their financial implications are escalating. Between now and 2027, many African countries, including Nigeria, Kenya, and Congo, will hold elections. This is at a time when the rising cost of politics and campaign spending is rapidly changing the electoral landscape across the continent, with implications for democracy’s health. Campaigns, technological advancements, media advertisements, security, and other logistics contribute to these costs and make money an essential, if not central, part of politics. Money is very necessary component of political competition. However why money may not automatically guarantee electoral success, but victory comes rarely to…

The Nigeria Security and Civil Defence Corps, NSCDC, Kwara State Command, on Tuesday decorated a new batch of 200 promoted officers, reaffirming its commitment to professionalism, discipline and enhanced service delivery across the state. The ceremony, held at the State Command Headquarters in Ilorin, was presided over by the State Commandant, Dr Umar Mohammed. He applauded the officers for distinguishing themselves through hard work, integrity and dedication to duty. Addressing the newly promoted officers, Dr Umar described promotion as “a mark of trust and a call to greater responsibility,” urging them to justify the confidence reposed in them by the…

Two additional witnesses on Tuesday testified against the five defendants put on trial by the Department of State Service (DSS) for allegedly masterminding the June 5, 2022 terror attacks against the Saint Francis Savier Catholic Church in Owo town, Ondo State. The two witnesses testified at the Federal High Court in Abuja where the trial is holding. The violent attack which involved sporadic shooting and explosives against the church left 41 worshippers instantly dead and over 100 suffered various degrees of injuries including amputations of legs. At Tuesday’s proceedings, the two witnesses code named SSB and SSC pathetically narrated how…

Wikki Tourists captain, Muhammed Guda, has reiterated the players’ determination to make up for the unwanted results recorded in the first round of the Nigeria Premier Football League, NPFL. The Bauchi Elephants recorded five wins, eight draws and six defeats in the first round. Guda expressed confidence in the team’s ability to bounce back and appealed to fans for patience, understanding, and continued support. “The first round wasn’t good enough for us because of the many draws we played, but we are working hard to correct our mistakes,” Guda told the club’s media. “With the support of our fans, we…

The Edo State Government on Tuesday alleged that the recent violence in Ekpoma, Esan West Local Government Area, was a well-coordinated riot sponsored by Nigerians living abroad, even as Senator Natasha Akpoti-Uduaghan called for the immediate release of students of Ambrose Alli University detained over the incident. In a statement issued on Tuesday, Governor Monday Okpebholo’s Chief Press Secretary,  Patrick Ebojele, said security agencies had identified one of the sponsors as a Nigerian resident in Russia, while others were based in different parts of Europe. The government said the incident, widely circulated on social media as a student protest, was…

The Delta State Police Command has begun a manhunt for six suspected kidnappers who fled during an exchange of gunfire with its operatives in the Upper Agbarho area of the state. The police also said they recovered arms and ammunition from the suspects, who were allegedly attempting to carry out a kidnapping before being intercepted by operatives. The command’s Public Relations Officer, Bright Edafe, disclosed this in a statement on Tuesday. Edafe noted that police operatives, acting on credible intelligence that the kidnappers were lurking in a bushy area, mobilised to the location. He stated, “Acting on credible intelligence, operatives…

When nations grow weary and old formulas collapse, history is often rewritten by credible alliances. When recycled promises become unconvincing, societies search for leadership capable of resetting the political imagination. Nigeria has reached a breaking point, both economically and politically, and the emerging Peter Obi–Rabiu Musa Kwankwaso joint ticket speaks directly to this defining moment. The Obi–Kwankwaso combo is not merely a political pairing; it is a convergence of credible leadership, fecundity of ideas, integrity, incorruptibility and accountability that Nigeria has long needed but rarely achieved. Peter Obi represents the order of frugality in managing public finance in a country…