Author: Press Room

Bitcoin eased in early Asian trading on Wednesday as stocks opened higher on Wall Street momentum after data showed the US economy grew at its fastest pace in two years. The S&P 500 closed at a record on Tuesday after an upward revision to third-quarter GDP showed annualised growth of 4.3%, a report that also pushed bond yields higher and kept growth stocks in demand. In crypto, Bitfinex analysts said Bitcoin has bounced decisively from the low $80,000 support zone identified earlier.“However, the recovery now faces a substantial headwind in the form of a dense overhead supply cluster accumulated by…

PZ Cussons Nigeria Plc returned to profitability in the half year ended November 30, 2025, posting a profit after tax of N21.4bn, a reversal from the N7.0bn loss recorded in the corresponding period of 2024. In its financial statements filed with the Nigerian Exchange Limited on Tuesday, the consumer goods company’s unaudited interim results showed that revenue rose by 33 per cent to N127.9bn from N96.5bn a year earlier, reflecting improved pricing, volume growth and stronger market conditions. Operating profit stood at N38.0bn, compared with an operating loss of N3.3bn in the prior period. Profit before tax came in at…

Super Eagles striker Victor Boniface might have to undergo surgery to correct a lingering knee problem, Soccernet.ng reports. ​Boniface’s fitness has come under a lot of scrutiny in the last six months. In his first two seasons at Bayer Leverkusen, he was a prolific goalscorer, contributing 32 goals and 12 assists in 61 appearances. ​However, during the last summer transfer window, Die Werkself put him up for sale following the appointment of Erik ten Hag as coach. Victor Boniface trains with Erik Ten Hag at Bayer Leverkusen (Photo by Imago) He was initially billed for a transfer to AC Milan,…

PHD Media Nigeria marked its 15th anniversary in Lagos, drawing clients, partners, industry leaders, and staff past and present to celebrate a journey that began in 2010 and has grown into one of Nigeria’s leading media and marketing communications agencies. The weekend event brought together brand owners, media executives, members of the Omnicom Media Group regional leadership team, and the agency’s board of directors, reflecting the breadth of relationships that have shaped PHD Media Nigeria’s growth over the past decade and a half. Guests were welcomed with red-carpet arrivals before a programme that combined keynote speeches, staff recognition, entertainment, and…

The Joint Session of the Five Annual Conferences of the United Methodist Church (UMC) Nigeria Episcopal Area has urged its members to participate peacefully and responsibly in the democratic process ahead of the 2027 general elections. The call was contained in a communiqué issued at the end of the joint session and made available to journalists in Jalingo, Taraba State, at the weekend. The conference encouraged voter education, rejection of electoral malpractice, and sustained prayers for credible elections, while maintaining a non-partisan stance. Political leaders were also urged to uphold justice, transparency, and accountability in governance. Reaffirming its commitment to…

The Governor of Oyo State, Seyi Makinde, has expressed his dissatisfaction with President Bola Ahmed Tinubu for rejecting the Oyo State indigene he nominated for ministerial appointment. During a media chat with journalists on Tuesday, the governor revealed that he had nominated a qualified indigene of the state for the role, after Tinubu told him he wanted an Oyo indigene to occupy the position. “When the President said nominate somebody who may be appointed as a minister, I said, sir, what position do you want to give us? Then he said that we are looking for developmental economists who can…

By Lara Adejoro The Nigeria Centre for Disease Control and Prevention has said that a total of 19,213 confirmed cases of measles have been recorded out of 26,866 suspected cases across 507 Local Government Areas in the 36 states and the Federal Capital Territory. The NCDC also said the country has recorded 153 deaths from the infectious disease as of November 2025. The centre disclosed this in its measles situation report made available to journalists in Abuja on Tuesday. Measles is an acute, highly infectious viral disease that causes fever, red rash, cough, and red eyes. It is transmitted through…

Tunisia moved to the top of Group C at the 2025 Africa Cup of Nations after a commanding 3-1 victory over Uganda, knocking Nigeria off the summit just hours after the Super Eagles had opened their campaign with a hard-earned win, Soccernet.ng reports. Nigeria had earlier edged Tanzania 2-1 in Fez to provisionally take control of the group, but Tunisia’s ruthless display in Rabat comfirmed their status as one of the tournament’s most organised and efficient sides. The result leaves Tunisia top on goal difference ahead of Nigeria after matchday one, with the two heavyweights set to meet next in…

Operatives of the Nigeria Security and Civil Defence Corps (NSCDC) To enhance public safety ahead of the festive season, the Nigeria Security and Civil Defence Corps (NSCDC) has ordered the deployment of over 55,000 operatives nationwide. Commandant General of the Corps, Prof. Ahmed Abubakar Audi, who ordered the deployment, said the aim is to protect critical national assets and infrastructure and to ensure the safety and security of citizens during the Christmas and New Year celebrations. Prof. Audi emphasised the necessity of this deployment, saying, “Criminal-minded persons utilise festive periods to carry out their sinister and unscrupulous activities.” In a…

A wise man once said it is a bull market, but only if you hold the right coins. ‘Rain’ crypto is up 125% in the last 30 days. For a coin based on Arbitrum, this is almost unheard of.This price action puts it at over a $2.7B circulating market cap, making it one of the largest coins on Arbitrum. Many in the Rain community have asked a fair question:“How come @Rain__Protocol is built on @arbitrum, but Arbitrum doesn’t follow Rain on X?”So we turned the question into a $10,000 incentivized market: Will Arbitrum follow Rain’s X account by December 11,…