Author: News Room

Aave founder and CEO Stani Kulechov has outlined a broader strategic vision for the protocol following a contentious governance vote that rejected a proposal to transfer control of Aave’s brand assets and intellectual property to its decentralized autonomous organization (DAO).The failed vote has prompted renewed debate within the Aave community over the protocol’s long-term direction and governance structure, an issue Kulechov addressed directly.In a post published Friday on the Aave governance forum, Kulechov argued that the protocol must evolve beyond its core decentralized finance (DeFi) lending business to pursue opportunities in real-world assets (RWAs), institutional lending and consumer-facing financial products. He…

Billy Joel took the stage for the first time since he was diagnosed with normal pressure hydrocephalus (NPH). Joel, 76, performed a two-song concert at Wellington’s 30th birthday party in Florida on Friday, January 2, according to The Palm Beach Post. The outlet reported that Joel sang his hits “We Didn’t Start the Fire” and “Big Shot” for the crowd. “I wasn’t planning on working tonight,” Joel quipped at the start of his set, seemingly acknowledging his diagnosis and the toll it has taken on his professional career. After Joel’s impromptu show, the crowd applauded the musician by repeatedly chanting…

The Nigeria Police Force has removed Joseph Udoh, the Divisional Police Officer (DPO) of the GRA Police Station in Asaba, Delta State, in response to a public outcry over allegations that Mr Udoh, a chief superintendent of police, allegedly intimidated and extorted a citizen who helped a dying stranger. How it happened Although the alleged intimidation and extortion occurred in early 2025, the public outcry against it gained traction after the victim, Tomi Wojuola, shared his ordeal on Facebook on 31 December 2025. Mr Wojuola, in the post, detailed how he was detained by the police on the allegation of…

Geregu Power, the electricity utility that billionaire investor Femi Otedola took public in October 2022, announced a change in its ownership on Monday, following a board meeting in which the tycoon revealed the divestment of his controlling stake. In a note to the Nigerian Exchange Limited, the company stated that it has been formally notified by Amperion Power Distribution Company, the firm through which Mr Otedola held the majority shareholding in the entity, of the share sale to Ma’am Energy Limited. Abuja-based Ma’am Energy provides energy solutions, with services encompassing electricity generation and supply, oil & gas exploration and production,…

A society does not collapse only when guns are louder than laws. It also weakens when citizens begin to suspect that the text meant to govern them can be quietly edited after the constitutional ceremony has ended. When a law loses credibility, enforcement becomes a contest of power, not a discipline of legitimacy. Compliance becomes a gamble, not a civic duty. That is the unsettling shadow now hanging over Nigeria’s 2025 tax reform project. This agenda was sold as economic renewal, but it is now threatened by a credibility crisis that strikes at the heart of constitutional order.The Tinubu administration’s…

A legal practitioner, Rockson Igelige, and members of the Obaseki family have raised serious concerns over the credibility of the Edo State Police Command’s investigation into the alleged assault, abduction and detention of Nollywood filmmaker and media executive, Don Pedro Obaseki. Mr Obaseki, a pioneer of early Nollywood productions such as Igodo (1999) and Eziza, was reportedly attacked on Sunday by a group of youths who accused him of disrespecting the Oba of Benin during a meet-and-greet session in London. Videos of the incident, which quickly circulated on social media, showed Mr Obaseki being stripped, dragged and publicly humiliated before…

Former heavyweight boxing champion Anthony Joshua has been discharged from hospital following treatment for injuries sustained in a fatal road accident on the Lagos–Ibadan Expressway that claimed the lives of two of his close associates. The governments of Lagos and Ogun states confirmed on Wednesday that Mr Joshua was discharged late in the afternoon after doctors certified him clinically fit to continue his recovery from home. In a joint statement, the two state governments again commiserated with the families of the victims, identified as Lateef Ayodele and Cina Gami, who died in the crash on 29 December 2025. “The governments…

Yobe State Governor, Mai Mala Buni, has condoled with families of the 25 persons who died in a boat mishap in Nguru local government area, describing the incident as a monumental loss to their families and the state. Buni in a statement issued by his media aide, Mamman Mohammed, prayed for the repose of the souls of the deceased persons and directed immediate treatment of those rescued. “it is with a heavy heart that l receive the shocking and devastating news of the boat mishap in Nguru local government area which claimed 25 lives with 14 others still missing and…

Lauretta Onochie, a former media aide to ex-President Muhammadu Buhari, has mocked the Minister of Federal Capital Territory, FCT, claiming he has been “buried politically”. In a post on X on Sunday, Onochie claimed President Bola Tinubu and Governor Hope Uzodimma have thrown Wike under the bus and handed the keys to Governor Siminilayi Fubara. She also insisted that Fubara will win a second term and nominate Wike’s replacement before 2026 ends. Onochie tweeted: “You have been buried politically already. “Not only have @officialABAT and @Hope_Uzodimma1 thrown you under the bus, the keys of the bus were handed over to…

The Adamawa State Police Command on Sunday said its operatives have arrested two persons over the alleged killing of three women in renewed communal violence in communities around Lamurde Local Government Area. “The Adamawa State Police Command has swiftly responded to the renewed Lamurde tribal conflict between the natives of Bachama and Chobo, leading to the killing of three women and the apprehension of two suspects,” the command said in a statement signed by its Public Relations Officer, Suleiman Nguroje. The three women were reportedly attacked and killed on Saturday, January 3, 2026, by some Bachama natives on their farm…