Author: News Room

Key points:Bitcoin’s failure to sustain above $90,000 indicates a negative sentiment, where rallies are being sold into.Several major altcoins threaten to break below their recent lows.Bitcoin (BTC) has dipped back below $87,000, indicating a lack of demand at higher levels. Glassnode said in a post on X that the 30-day simple moving average of net flows into BTC and ETH exchange-traded funds has turned negative, signalling: “a phase of muted participation and partial disengagement from institutional allocators.” Along with institutional investors, participation by retail and short-term traders has also reduced. CryptoQuant data shows that the 30-day SMA of active addresses has…

Who would’ve thought the most moving adaptations of Charles Dickens’ A Christmas Carol would star the Muppets? In this version, Gonzo stars as Charles Dickens, who, along with a helpful assist from Rizzo the Rat, narrates the yuletide tale of Ebenezer Scrooge (Michael Caine). A greedy capitalist living in 19th-century London, Scrooge hates Christmas and everyone around him. But when he’s visited by four ghosts on Christmas Eve, he’s forced to look back at his life and see how a past tragedy made him the unhappy man he is today. In addition to it being a pretty accurate iteration of…

Governor Umar Namadi of Jigawa State on Wednesday signed the 2026 Appropriation Bill into law, authorising a total expenditure package that covers both the State Government and the 27 Local Government Councils. During the signing ceremony at the Government House, Governor Namadi disclosed that the Jigawa State Government’s budget stands at ₦901.84 billion, while the consolidated budget for the 27 Local Government Councils is ₦288.85 billion. Emphasising the inclusive nature of the fiscal document, the Governor described it as a reflection of the people’s will. “This budget is the outcome of our extensive citizen engagement programme and truly reflects the…

A Pan-African economic negotiation framework is not anti-West or anti-China. It is pro-Africa. It says Africa will no longer negotiate like 54 isolated islands, but like a continent with leverage, resources, a young population, and a future worth defending… If Africa can agree internally, enforce its own standards, implement its trade integration, and insist on local value addition, then the era of being “on the menu” can finally end. The continent can move from extraction to production, from dependency to partnership, and from endless potential to real, measurable prosperity. In a recent interview granted by Dr Kayode Fayemi, former governor…

Lakowe Lakes has joined Lagos’ expanding list of social leisure destinations with the opening of Golf X, a new entertainment hub that blends sport and social play. The venue, which opened during the city’s Detty December season on Sunday, adds a golf-based experience to Lagos’ increasingly diverse leisure landscape. Designed to function as both a recreational space and a social gathering spot, Golf X combines interactive golf games with food, drinks, and group-friendly seating. The concept moves away from traditional golf settings, positioning the sport as a casual, accessible activity rather than a specialist pastime. Speaking on the centre opening,…

Islamic scholar, Sheikh Ahmad Gummi, has approached a Chief Magistrate Court in Kaduna State, seeking the issuance of criminal direct complaint summons against two individuals over alleged conspiracy, attempt to cause public disturbance and criminal defamation. The application was filed at the Chief Magistrate Court sitting in Ibrahim Taiwo Road, Kaduna. The defendants were named George Udom and Bello Isiaka. Gummi alleged that the defendants published a statement tagged “Breaking News” on their respective Facebook pages on Tuesday, between 7:00 a.m. and 10:00 a.m., claiming that the family of the Minister of Defence, retired Gen. Christopher Musa, would be eliminated…

Edo State Governor, Monday Okpebholo, has demanded N25 billion damages from the state chairman of the Peoples Democratic Party, PDP,  Dr Anthony Aziegbemi, over alleged defamation of character and libel. DAILY POST reports that Governor Okpebholo also demanded an apology from the PDP state chairman to be published in three national dailies. Okpebholo made the demands in a letter addressed to Aziegbemi, dated 22 December, 2025, and signed by his lawyer, R.I.D Okezie, Esq. The letter is titled, “Demand for damages and apologies for defamation of the character of the executive governor of Edo State, Senator Monday Okpebholo’. Okpebholo face a…

Super Eagles head coach Eric Chelle has disclosed that the team’s ‘big name’ players are not happy when they sit on the bench. Chelle spoke while explaining his decision to take off winger Samuel Chukwueze during Nigeria’s 2–1 victory over Tanzania in the 2025 Africa Cup of Nations. Commenting on Chukwueze’s clear frustration upon leaving the field, Chelle noted that the substitution was a tactical decision. “Yes, of course, we’ve in this team a lot of big names. They are competitors; they aren’t happy when they go to the bench,” Chelle said at his post-match interview. “My job is to…

Over 100 members of the Peoples Democratic Party in Akoko North-East Local Government Area of Ondo State have decamped to the ruling All Progressives Congress. Among the new defectors is a former member of the state House of Assembly, Mr Rasheed Elegbeleye, who was a minority leader of the Assembly between 2019 and 2023. He represented Akoko North-East Constituency. Receiving the defectors on Wednesday at Ikare Akoko, the headquarters of the state Chairman of the APC, Ade Adetimehin, said Elegbeleye and others defectors had taken the right and wise decision by joining the ruling party. Adetimehin said, “Hon. Elegbeleye’s decision…

Global equities rose on Tuesday as stronger-than-expected economic data from the United States lifted investor sentiment, while Treasury yields climbed and the Japanese yen strengthened following warnings from Tokyo on currency intervention, Reuters reported. Data showed that the US economy grew at an annualised rate of 4.3 per cent in the third quarter, surpassing analysts’ expectations of 3.3 per cent, driven by robust consumer spending. The figures reinforced expectations that the Federal Reserve will pause rate cuts at its January meeting. On Wall Street, the Dow Jones Industrial Average gained 44.14 points to close at 48,406.82, the S&P 500 added…