Author: News Room

Luxembourg’s financial regulator granted Ripple preliminary approval for a crypto asset service provider (CASP) license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), the company said Tuesday.Ripple said in a statement that the approval, once finalized, would allow it to offer regulated crypto services to banks, fintechs and other businesses across all 30 countries in the European Economic Area (EEA) through a single regulatory passport.The move builds on Ripple’s existing Electronic Money Institution (EMI) license in Luxembourg, which allows it to provide regulated cross-border payments and electronic money services across the EEA. The update comes just days before the…

Love Island USA‘s Zach Georgiou didn’t let Casa Amor bombshell Alannah Keyser‘s romantic past with his brother, Charlie Georgiou, stop him from dating her too. During the Monday, June 22, episode of the hit Peacock show, Alannah revealed to Zach that she knew Charlie because they went out — and kissed — in the past. Zach wasn’t concerned about her history with Charlie because the duo were cuddling in bed later that night. Alannah’s journey in Casa Amor comes as she faces backlash off screen for a resurfaced video that allegedly shows her using a racial slur. After her debut,…

Amnesty International has called for an independent investigation of the killing of a teacher and mother of five by a mob in Kaduna State, on Sunday. The teacher, identified as Ummulkhairi, was lynched in Mararaban Jos, a community along the Kaduna-Zaria highway, after being falsely accused of attempting to kidnap children. Witnesses said the victim had left her home in New Mararaban Jos to attend an Islamic lecture at Madrasat Tashiyhul Iman, a school founded by Islamic scholar Malama Mardiyya in the old Mararaba area. According to the accounts, Ms Ummulkhairi had stopped to ask some children for directions to…

The story of African development is undergoing a profound, historic shift. For decades, the narrative was dominated by foreign capital, with investments flowing inward from distant global capitals, development projects managed by external actors, and the resulting profits regularly finding their way back across oceans. While Africa has always been rich in resources and opportunities, its financial destiny was largely shaped by outsiders. Today, that old story is being rewritten. Across the continent, African-owned institutions are stepping forward, expanding beyond their national borders, mobilising local capital, and proving that Africa possesses both the expertise and the financial strength to fund…

The management of veteran Fuji musician Kollington Ayinla has denied reports circulating online claiming that the singer has died. According to Tribune Online, the denial was contained in a statement issued on Saturday and signed by Shamsudeen Ilori on behalf of the family and the HSKA Foundation. The statement described the reports as false, malicious and misleading. “Our attention has been drawn to a malicious and unfounded rumour circulating all over the internet claiming that Kollington Ayinla Fuji Authority has passed away,” the statement said. The management maintained that the veteran musician, popularly known as Kebe-n-Kwara, is alive and in…

Nigeria’s gross gas production has risen to 7.63 billion standard cubic feet per day from about 6.83 billion standard cubic feet per day in 2023, the Presidency has said. Special Adviser to the President on Oil and Gas, Mrs Olu Verheijen, disclosed this at the Nigerian-British Chamber of Commerce Energy Day 2026. A text of her presentation at the event, held recently in Lagos, was made available to the News Agency of Nigeria on Tuesday. Verheijen also disclosed that the nation’s proven reserves now stand at over 215 trillion cubic feet of gas. She said the increase was achieved through…

The Rivers State Police Command has ordered the arrest and detention of police officers captured in a viral video allegedly extorting money from motorists in the state. The spokesperson for the command, ASP Agabe Kaborlo, disclosed this in a statement issued on Tuesday on behalf of the Commissioner for Police, CP Olugbenga Adepoju. The statement said the command had taken cognisance of the video and social media reports alleging that ASP Omomefe Akin Geoffrey and other officers were involved in extorting members of the public while on duty. The case erupted after social media activist Comrade Phils publicly accused a…

Stakeholders of the All Progressives Congress in Taraba North Senatorial District, alongside the national leadership of the Conference of APC Support Groups, have alleged attempts to overturn the outcome of the party’s senatorial primary election in the district and called on the party leadership to respect what they described as the mandate of party members. In a statement issued in Abuja on Tuesday, the stakeholders congratulated Muhammad Bello on his emergence as the APC senatorial candidate for Taraba North, describing his victory as a reflection of the will of party members in the district. They also congratulated Senator Haruna Manu…

The Federal Ministry of Environment has warned that at least 26 states and the Federal Capital Territory may experience flooding between June 22 and July 5, 2026, following forecasts of heavy rainfall across several parts of the country. In a flood prediction issued on Monday through the National Flood Early Warning Centre under the Erosion, Flood and Coastal Zone Management Department, the ministry identified hundreds of communities across the country as either critical-risk or high-risk flood zones. According to the advisory dated June 22, 2026, “The following locations and their environs are likely to witness heavy rainfall that MAY lead…

The fourth edition of the Prime Atlantic Squash Tournament began in Lagos on Monday, with a total of 190 players competing for the N8m prize pool at this year’s championship at the Teslim Balogun Stadium, Surulere. The figure represents a significant increase from the 150 participants recorded in the 2025 edition, and the Chairman of the Prime Atlantic Squash Tournament, Tomi Falase, says the annual championship has continued to serve as a vital platform for discovering and nurturing talent while promoting the growth of squash in Nigeria. According to him, the steady rise in participation reflects the growing popularity of…