Author: Press Room

Bitcoin’s network hashrate fell 4% in the month through Dec. 15, a development that could set the stage for stronger price performance in the months ahead, according to analysts at VanEck. Key Takeaways: Bitcoin’s hashrate fell 4% in December, a pattern VanEck says has historically preceded stronger price returns. Miner profitability is under pressure as lower BTC prices and higher costs force capacity offline. Part of the hashrate decline may be permanent, with mining power shifting toward AI workloads. In a note published Monday, VanEck’s head of crypto research Matt Sigel and senior investment analyst Patrick Bush described sustained declines…

Nigeria begin their 2025 Africa Cup of Nations journey on Tuesday night with a Group C opener against Tanzania at the Complexe Sportif de Fès. Runners-up at the last AFCON in Ivory Coast, the Super Eagles arrive in Morocco seeking redemption after missing out on qualification for a second consecutive FIFA World Cup. Twelve years have passed since Nigeria last lifted the continental crown, and while the squad still brims with elite European-based talent, momentum has been uneven under new head coach Éric Chelle. Photo Credit: NFF Comms A revised CAF qualification format briefly reignited Nigeria’s World Cup hopes earlier…

The Kirikasamma Local Government Area of Jigawa State has introduced monthly allowances for former chairmen, deputies, councillors and other past political appointees as part of efforts to strengthen engagement with former leaders. The Chairman of the council, Maji Wakili Marma, announced the initiative on Monday at the council headquarters, saying it was aimed at enhancing collaboration and recognising the contributions of past office holders. Under the scheme, former chairmen will receive ₦50,000 monthly, deputies ₦40,000, secretaries ₦30,000, while ex-councillors will get ₦25,000. Marma said the allowances would be paid regularly to ensure consistency and sustainability. He commended the former officials…

Says Nigeria needs purposeful, inclusive, unifying leadershipA former presidential candidate of the Peoples Democratic Party (PDP), Gbenga Olawepo-Hashim, yesterday, intensified his consultations ahead of the 2027 general elections, holding separate high-level meetings with former President Olusegun Obasanjo and former Military President, Gen. Ibrahim Badamasi Babangida (rtd). The closed-door meetings are part of Olawepo-Hashim’s ongoing nationwide engagements with elder statesmen and key national figures on the future direction of Nigeria. Sources familiar with the consultations said Olawepo-Hashim assured both former leaders of his capacity to tackle Nigeria’s security challenges, rebuild national unity, stabilise the polity, and restore economic prosperity. He reportedly…

By October 14, 2025, the Enugu State chapter of the All Progressives Congress (APC) was torn between excitement and suspense when the state governor, Dr Peter Mbah, defected from the Peoples Democratic Party (PDP). How far the new ruling party will fare, as well as the impact of intraparty politics on governance from Mbah’s new role as leader, have become subjects of intense speculation, LAWRENCE NJOKU reports. It is obvious that the All Progressives Congress (APC) in Enugu State never anticipated what hit it in mid-October this year. First, the state executive changed hands, just as the party transited to…

The Nigeria Football Federation (NFF) will receive $1 million (₦1.4 billion) every year from the Confederation of African Football (CAF), Soccernet.ng reports. This development follows a sweeping financial reform unveiled by CAF president Dr Patrice Motsepe, in one of the most significant funding boosts in African football history. The announcement comes as part of CAF’s restructuring of senior national team competitions and the launch of a $1 billion commercial tender, a move designed to strengthen the financial foundations of football across the continent. CAF President Patrice Motsepe during the TotalEnergies Caf Africa Cup of Nations Afcon 2023 Final match between…

The United States will begin a partial suspension of visa issuance to Nigerians from January 1, 2026, following a new presidential proclamation aimed at strengthening border and national security. The US Mission in Nigeria announced on Monday that the restriction will take effect at 12:01 a.m. Eastern Standard Time in accordance with Presidential Proclamation 10998, titled ‘Restricting and Limiting the Entry of Foreign Nationals to Protect the Security of the United States.’ According to the mission, Nigeria is one of 19 countries affected by the measure. Others listed are Angola, Antigua and Barbuda, Benin, Burundi, Cote d’Ivoire, Cuba, Dominica, Gabon,…

ADC’National Publicity Secretary, Bolaji Abdullahi African Democratic Congress (ADC) has picked holes in the 2026 proposed spending of the Bola Ahmed Tinubu administration, saying the fundamentals of the money bill presented to the National Assembly show a total abandonment of revenue credibility and deficit management. The party also described the budget as quicksand, debts and wishful thinking. In a statement issued by its National Publicity Secretary, Mallam Bolaji Abdullahi, ADC stated that after a careful review of the proposal, its team of economists concluded that what was presented was nothing but a consolidation of fiscal recklessness and renewed wishful thinking…

Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab Lagos State Government has emphasised the importance of residents sustaining efforts to keep the state clean by avoiding unsanitary practices during the Yuletide season. This plea was contained in a statement by the Commissioner for the Environment and Water Resources, Tokunbo Wahab, who stressed the need for residents to uphold high levels of environmental cleanliness and adhere strictly to proper waste disposal practices throughout the festive period. The Yuletide season typically sees an increase in social activities, resulting in a surge in waste generation. Wahab, therefore, called on all residents to be more…

Midnight (NIGHT) token has extended its weekly gains to over 52% after recording nearly $8 billion in trading volume over the last 24 hours. Analysts suggest the Midnight price prediction indicates additional upside potential, as price could still surge more than 2x from current levels.Cardano’s Privacy Blockchain Gains MomentumNIGHT serves as the native governance and utility token of the Midnight Network, a Cardano-based blockchain emphasizing programmable privacy through zero-knowledge (ZK) smart contracts. JUST IN: $NIGHT has flipped $PEPE by market cap, now ranking as the 43rd largest token globally. pic.twitter.com/nm4FEoLbz7— TapTools (@TapTools) December 22, 2025 The NIGHT token was launched…