Author: Press Room

Ethereum price is trading near $1,900, but the market may be underestimating a major institutional development that could boost its prediction. A consortium of more than 140 organizations, including BlackRock, Visa, Mastercard, Stripe, and BNY, confirmed plans to launch a new Ethereum-based stablecoin.The project, called Open USD (OUSD), is governed by Open Standard, an independent consortium. Instead of concentrating reserve income with one issuer, it distributes earnings across ecosystem partners. Fundstrat co-founder Tom Lee called the launch another sign of Ethereum’s growing role in global finance. OUSD also lets businesses mint and redeem without fees or volume caps. Breaking: Open…

By Daniel Ayantoye The Coalition of Healthcare Professionals in Tertiary Education Institutions of Nigeria has threatened to sue the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Educational and Associated Institutions over the alleged exclusion of health workers from the implementation of the Consolidated Tertiary Institutions Allowance. In a statement issued on Friday by its National Chairman, Musa Shehu, the coalition described the development as discriminatory and called on the Federal Government to intervene. The coalition alleged that health workers in federal university medical centres were excluded from the recently concluded CONTTA allowance agreement between the…

Russian attacks on Ukraine’s capital killed at least nine people and wounded more than two dozen others, local officials said on Saturday, with strikes damaging homes and causing fires across the city. Russia and Ukraine have ramped up attacks on each other in recent months. As Moscow has increased its long-range strikes on Ukrainian towns and cities, Kiev has pressed its allies for air defence support. The United Nations found June was the deadliest month for civilians in Ukraine since April 2022. Ukraine’s state emergency service said the latest Russian attack struck five regions of Kyiv, killing nine people and…

Super Eagles head coach Eric Chelle has explained why he travelled to Yamoussoukro, Côte d’Ivoire, to watch Nigeria’s Flying Eagles defeat Togo 3-0 in the 2026 WAFU B U-20 Championship, Soccernet.ng reports. The 48-year-old was among the spectators at the Lycée Scientifique Stadium on Friday as the defending champions secured their place in the semifinals with an impressive second Group B victory. Chelle was not simply there to cheer the team on. The former Mali coach said the trip formed part of his long-term plan to build a stronger future for Nigerian football by closely following the country’s best young…

After losing his banking job during the COVID-19 pandemic, former banker and Mathematics and Computer Science graduate, Adekunle Adeloye, turned to selling peppered ponmo (cow skin) to survive. In this interview with CHUKWUDI AKASIKE, he recounts his journey from depression and unemployment to rebuilding his life through the roadside delicacy can you tell us about yourself and career before venturing into business? I’m from Akure in Ondo State. I am a graduate of Mathematics and Computer Science, and I spent seven years working in the banking sector before leaving to venture into business. What led you to start selling peppered…

The largest single-day options expiry in recent months is clearing today, and the market is already pricing in the friction. Bitcoin price sits at $63,800, hovering just below the $64,000 max pain level as dealers manage delta exposure into settlement in its current bullish prediction. Ethereum trades around $1,890, staying near its own max pain threshold with conviction still absent on both sides.According to data reported on July 31, 149,000 BTC options expired with a put/call ratio of 0.28, max pain at $64,000, and a notional value of $9.6 billion. Meanwhile, 435,000 ETH options expired with a put/call ratio of…

The Nigerian Association of Resident Doctors on Thursday threatened to embark on a nationwide total and comprehensive industrial strike from 8:00 a.m. on Monday, August 10, 2026, if the Federal Government fails to address outstanding welfare issues affecting its members, including unpaid salary arrears, allowances and poor working conditions. The warning was contained in a communiqué issued at the end of the association’s July National Executive Council meeting held in Gombe from July 26 to 31. The communiqué, signed by NARD President, Dr Mohammad Usman Suleiman, and Secretary, Dr Shuaibu Ibrahim, said the council was dissatisfied with the pace of…

The Super Falcons of Nigeria face their second, but already the biggest match of their WAFCON 2026 title defence so far when they take on Zambia’s Copper Queens in a must-win Group C clash on Saturday, August 1, Soccernet.ng reports. Kick-off is set for 9:00 p.m. Nigerian time at Al Medina Stadium in Rabat, and after two hours of sweat and toil, the Super Falcons should have a clear picture of where they are headed. Justin Madugu’s side arrive under serious pressure after a shock 3-2 opening defeat to WAFCON debutants Malawi, a result that ended Nigeria’s long unbeaten record…

The Director-General of the World Trade Organisation, Ngozi Okonjo-Iweala, has said the growing erosion of trust among nations poses one of the biggest threats to global trade, investment and economic stability. She said the rising mistrust was creating uncertainty that was hurting businesses worldwide. According to a statement on Friday, the WTO Director-General stated this during a fireside conversation at the 20th anniversary of commercial law firm Streamsowers & Köhn in Lagos on Thursday. The former Nigerian Minister of Finance said countries that once regarded one another as reliable partners were increasingly questioning each other’s intentions, leading to conflict, missed…

The Spanish La Liga is one of the biggest leagues in the world, and has been home to some of the best players in football history, Soccernet.ng reports. Two of the best clubs in the country — Real Madrid and Barcelona — have produced some of the best legs in the game, and often house the winner of the top individual and continental prizes. Meanwhile, several Nigerians and Super Eagles players have left their mark on Spain’s top flight over the years, but only a handful have done so as prolifically in front of goal. In this article, we write…