Author: Press Room

The cryptocurrency industry is shifting into a regulated era. From new futures products in the U.S. to central banks exploring blockchain for cross-border payments, the trend is clear: crypto is no longer operating on the fringes — it’s being pulled into the global financial mainstream. Bitcoin (BTC): The Chicago Board Options Exchange (Cboe) is preparing to launch the first long-term, cash-settled BTC perpetual futures in the U.S. Ethereum (ETH): ETH futures are also joining Cboe’s lineup, broadening the derivatives market for institutional investors. XRP: BRICS nations and several central banks are quietly testing the XRP Ledger for faster, more secure,…

The African Democratic Congress (ADC) on Friday accused state governors of withholding federal allocations meant for grassroots development, describing Nigeria as being in “intensive care” due to corruption and tyranny. The party vowed that an ADC-led coalition would “rescue” the country in 2027 through a new leadership model. Chief Ralph Nwosu, former national chairman of the ADC, made the allegations during the Leadership Summit of the ADC and the National Coalition Alliance (NCA) held in Abakaliki, Ebonyi State. He accused governors across Nigeria of diverting local government funds, imposing excessive taxes, and undermining democracy. “Every month, each local government receives…

Super Eagles striker Paul Onuachu scored a brace for Trabzonspor in their dramatic 4-3 victory over Fatih Karagumruk at the Ataturk Olimpiyat on Saturday, Soccernet.ng reports. Onuachu led the line for Trabzonspor when they traveled to Istanbul to take on Karagumruk at their 75,000-capacity stadium. Both clubs hadn’t had many high goalscoring games since the Turkish Super Lig kicked off, so it was expected to be a game that would feature just a few goals. However, the players had different ideas. Trabzonspor opened the scoring early in the 19th minute, as Felipe Augusto finished with aplomb, off a fine assist…

Nigeria’s U20 women’s team underlined their dominance in African football with a convincing 4-0 victory over Rwanda at the Lekan Salami Stadium in Ibadan on Saturday, sealing progress to the next stage of the 2026 U20 Women’s World Cup qualifiers, Soccernet.ng reports.  The Falconets, who had earned a narrow 1-0 win in Kigali in the first leg, completed a 5-0 aggregate triumph to book their spot in the third round, where they will face either Senegal or Algeria. From the outset, the hosts dictated the tempo with fluid attacking play and sharp movement. Nigeria’s Falconets. Photo Credit: Super Falcons/ X…

The Police Command in Cross River has confirmed the abduction of 17 passengers by sea pirates along the Calabar Waterways. The command’s Deputy Public Relations Officer, DSP Igri Ewa, who made the confirmation on Saturday in Calabar, said that the passengers were abducted on Thursday. Ewa said that the command had already swung into action to ensure the ‘immediate and prompt’ rescue of the abductees. According to the police spokesperson, a serving police officer in Akwa Ibom and a popular politician in Cross River who were on board the boat narrowly escaped abduction. A passenger who preferred anonymity told newsmen…

Several Solana exchange-traded fund (ETF) proposals, some including staking, could receive approval from US regulators by mid-October, according to ETF analyst Nate Geraci. Key Takeaways: Several major asset managers filed updated S-1s for spot Solana ETFs, with potential SEC approval expected by mid-October. The filings include staking features, signaling rising institutional demand and possible momentum for ETH ETF staking approvals. Analysts say Solana is emerging as the next altcoin for institutional adoption, with strong inflows and growing ETF interest. The comment follows a wave of amended S-1 filings submitted to the Securities and Exchange Commission (SEC) on Friday.Top Asset Managers…

The Lagos State PDP Executive Council has dissociated itself from a purported state congress, allegedly conducted on Saturday by a group of elders in the state. The Lagos State PDP Chairman, Mr Philip Aivoji, in the company of some state executives, expressed the stance at a news conference on Saturday in Lagos. Aivoji described the purported congress allegedly supervised by a group loyal to former PDP Deputy National Chairman, Chief Olabode George, as a charade, invalid, illegal, and unconstitutional. According to Aivoji, the tenure of the present State Executive Council is still on and will expire in March 2026. The…

Super Eagles of Nigeria have been dealt an early setback ahead of their 2026 FIFA World Cup qualifiers after midfielder Raphael Onyedika was forced off in Club Brugge’s 5-5 draw with Westerlo. The 24-year-old was substituted in the 16th minute with what is suspected to be a hamstring injury. This has left his club and country anxious about his fitness. Although, there has not been an official statement from the club yet, multiple reports suggest that Onyedika wlll be out for six weeks. INJURY NEWS FOR SUPER EAGLES PLAYERS; – Fisayo Dele-Bashiru sidelined for about a month with a thigh…

Brentford handed Manchester United another painful afternoon at the Gtech Community Stadium, securing a 3-1 win that piled pressure on Ruben Amorim’s uncertain future, Soccernet.ng reports. Igor Thiago’s early double stunned the visitors inside 20 minutes, finishing first with a rasping half-volley after Jordan Henderson’s lofted pass before bundling in a second following Kevin Schade’s burst into the box. Manchester United briefly clawed back through Benjamin Sesko, who netted his first goal for the club just before the half-hour mark. Brentford defender of Nigerian descent Michael Kayode. Photo by IMAGO The hosts, however, had too much energy, organisation, and conviction.…

The Nasarawa State Government has threatened to shut down the Akwanga abattoir if its poor sanitary conditions are not addressed within one month. Commissioner for Environment and Natural Resources, Margret Elayo, issued the warning while briefing journalists after the September sanitation exercise in Akwanga Local Government Area. Elayo, represented by the ministry’s Permanent Secretary, Hussaini Babayayi, said the abattoir’s unhygienic practices pose a serious health risk to residents. “Our brothers and sisters in Akwanga depend on this abattoir for their meat, but the place is not hygienic. It is dangerous to public health. If nothing changes between now and next…