Author: News Room

Michael Saylor’s Strategy, the largest corporate Bitcoin holder, has repurchased $1.5 billion of its 0% convertible senior notes due in 2029 for $1.38 billion at an 8% discount to par, in a move that significantly cuts future debt obligations.The purchase reduces Strategy’s outstanding debt through convertible notes from $8.2 billion to $6.7 billion for 2029, the company announced on Tuesday. The notes were repurchased using the company’s cash reserves.Strategy also reported an additional $15.5 billion in aggregate notional amount of outstanding preferred stock and a USD reserve of $871 million.Buying back debt at a discount can strengthen the balance sheet…

Mackenzie Shirilla’s boyfriend Dominic Russo allegedly addressed his mortality four weeks prior to her 2022 car crash that killed him. According to a Tuesday, May 26, report by TMZ, Russo, who died at the age of 20 in a high-speed crash caused by Shirilla, 21, sent the convicted killer a text that read, “Kenzie you know I love you but I don’t think we should be together at this point, there isn’t very much time on earth,” before his death. Shirilla, who is the subject of Netflix’s The Crash documentary and currently serving two concurrent life sentences behind bars as…

Super Eagles head coach Éric Chelle has challenged the Nigeria Premier Football League (NPFL) players in his squad to elevate their game even further, insisting that flashes of promise alone will not guarantee long-term places in the national team setup. Nigeria’s defence of the Unity Cup began on an encouraging note on Tuesday night as the Super Eagles defeated Zimbabwe 2-0 at The Valley, with forward Femi Azeez scoring both goals in an assured performance. However, beyond the result, the spotlight firmly rested on the unfamiliar faces handed opportunities by Chelle in what was clearly an experimental squad. The Franco-Malian…

Former Minister of Education, Oby Ezekwesili, has warned President Bola Tinubu, Senate President Godswill Akpabio and other political leaders against issuing Children’s Day messages amid worsening insecurity and repeated abductions of schoolchildren across the country. In a lengthy post shared on X on Wednesday, Ezekwesili accused the Nigerian political class of failing children and lacking the moral justification to celebrate Children’s Day. Addressing the President, Vice President, governors, members of the National Assembly and state assemblies, the former minister said they had “abandoned, betrayed, and condemned” Nigerian children to suffering. She cited several incidents of school abductions across the country, including…

Kwara State All Progressives Congress governorship primary election may have come and gone, but the memory of the intrigues, suspense and high wire manipulation which characterized the exercise has remained indelible. At least close to 17 aspirants emerged with keen interest to contest the primary election of the party for the gubernatorial ticket. Governor Abdulrahman Abdulrazaq had earlier pledged that he would prefer the next governor under the platform of the APC to come from Kwara North Senatorial District, because the region had long been sidelined in the history of political governance in the state. Consequently, speculation of who takes…

Fire has gutted 10 shops at the Katsina Central Market, also known as Fatima Baika Market, in the early hours of Tuesday. Some traders attributed the incident to a solar-powered electricity inverter, alleging that it sparked the blaze that quickly spread through parts of the market. The spokesperson of the Katsina State Fire Service, Rabe Audi, confirmed the incident in a statement, saying a distress call was received shortly after the fire started, prompting firefighters to swiftly mobilise to the scene. He said the prompt response helped to prevent the fire from spreading to other sections of the market, adding…

Chelsea striker, Nicolas Jackson, has given a condition to stay at the club under new manager Xabi Alonso. Jackson is set to return to Chelsea after spending the 2025/2026 season on loan at Bayern Munich. The Senegal international was a mainstay in the Chelsea team for two seasons after joining the Premier League west London club from Villarreal. He netted 30 goals in 81 appearances for the Blues following his £32m move to Stamford Bridge. But Chelsea sanctioned his move to the Bundesliga champions last summer after spending almost £100m to sign Liam Delap from Ipswich Town and Joao Pedro…

House of Representatives aspirants and critical stakeholders from Nsukka Zone have issued a strong warning to the Nigeria Democratic Congress against the imposition of a senatorial candidate for Enugu North Senatorial District. They insisted that internal democracy, transparency and fairness must guide the emergence of candidates for the three House of Representatives seats in the zone. The warning was contained in a communiqué issued after a crucial strategic meeting held in Abuja on Tuesday, where the stakeholders stressed that the people of Nsukka would resist any form of political imposition. The group argued that Nsukka Zone, which accounts for an…

The Jigawa State Police Command says it has deployed operatives and activated all operational assets to guarantee a peaceful and hitch-free Sallah celebrations in the state. The assurance was contained in a statement made available to journalists on Tuesday in Dutse, the Jigawa State capital, by the Public Relations Officer of the Jigawa State Police Command, SP Shi’isu Adam. According to the statement, the Commissioner of Police, CP Haruna Yahaya, felicitated with the people of Jigawa State and the Muslim Ummah on the occasion of this year’s Eid-el-Kabir celebration. Adam said the Command is committed to ensuring a peaceful, safe,…

The All Progressives Congress candidate for Amuwo-Odofin Constituency I in the Lagos State House of Assembly election, Olaitan Folorunsho, has commended the leadership of the party and the conduct of the recently concluded primary election that produced him as the APC flag bearer. Folorunsho, popularly known as OlaWestern, emerged victorious in the primary after polling 3,161 votes out of the 3,303 votes cast, defeating three other aspirants to secure the party’s ticket for the 2027 election. Speaking at a press conference on Tuesday at his constituency office in Lagos, the APC candidate expressed gratitude to party leaders, delegates and supporters…