Author: Press Room

Bitcoin prices extended their decline this week, dragging closely correlated equities lower and pushing shares of Strategy (MSTR) down sharply during regular trading hours. Yet even as the stock slid more than 7% in a single session, one of the largest public pension funds in the United States quietly increased its exposure.The New York State Common Retirement Fund, which manages roughly $284 billion in assets reportedly raised its position in Strategy, a Nasdaq-listed company widely viewed as an equity proxy for Bitcoin exposure. JUST IN: $284 billion U.S. New York State Retirement Fund increased its position in #Bitcoin treasury company…

Amid political turmoil in the Peoples Democratic Party (PDP), Former Jigawa State Governor Alh. Sule Lamido has said he will not hesitate to negotiate the future of his political structure through an alliance with an alternative party. However, the former minister and founding member of the opposition PDP, who clearly spelt out his intention to sustain his political influence in Jigawa State, ruled out any possibility of allying with those in the coalition party. Lamido spoke to hundreds of PDP loyalists at his Kano political office about the raging crisis and division rocking the opposition. The party loyalists, led by…

South Africa head coach Hugo Broos has backtracked over the initial comments he made about Mbekezeli Mbokazi’s late arrival to Bafana Bafana’s camp, Soccernet.ng reports. The 2010 FIFA World Cup hosts have been drawn into AFCON 2025 Group B alongside Egypt, Angola and Zimbabwe. One of his players, 20-year-old Mbokazi, travelled to America to finalise a transfer to Chicago Fire, which led to a late arrival with the remainder of the players already in camp as they prepare for their AFCON campaign. The decision did not go down well with Broos, who publicly lashed out at the young centre-back, even…

The Niger Delta Development Commission has extended its condolences to the Government and people of Bayelsa State over the death of the state’s Deputy Governor, Lawrence Ewhrudjakpo. The commission also announced the suspension of the inauguration of projects earlier scheduled for December in Bayelsa State as a mark of respect for the late deputy governor. This was contained in a statement issued in Port Harcourt on Monday and jointly signed by the Chairman of the NDDC Governing Board, Mr Chiedu Ebie, and the Managing Director/Chief Executive Officer, Dr Samuel Ogbuku. According to the statement, the commissioning of projects initially slated…

National Vice Chairman, Southwest Labour Party, Com. Abayomi Arabambi, on Monday, called on residents of Ogun State to resist any attempt by Governor Dapo Abiodun to get loan to finance the N1.669 trillion budget for the year 2026. Recalled that Governor Abiodun recently presented a budget of “Sustainable Legacy” before members of the Ogun State House of Assembly. But, Arabambi, while speaking at the inauguration of the new executive for LP in the state, at Nigerian Union of Journalists Secretariat(NUJ) Iwe-Iroyin, Abeokuta, on Monday, insisted that the state did not need to borrow to fund half of the capital expenditures…

Governor of Ondo State, Lucky Aiyedatiwa, on Monday disclosed that the impact of the reforms embarked upon by President Bola Tinubu has been the main reason why opposition governors are trooping into the ruling All Progressives Congress (APC). Aiyedatiwa, who attributed the APC’s growing strength and infrastructural development across the country to the reforms embarked upon by Tinubu, hinted that his opponent from the Peoples Democratic Party (PDP) in the 2024 gubernatorial election, Agboola Ajayi, had finalised a move to join the APC. The governor made the disclosure during his statewide tour of local government areas to thank grassroots supporters…

Inter Milan-owned midfielder Ebenezer Akinsanmiro recently received a call-up to represent the Super Eagles of Nigeria at the 2025 Africa Cup of Nations… Super Eagles midfielder Ebenezer Akinsanmiro, who is currently on loan from Inter Milan, has revealed that he looks up to former Chelsea star Mikel Obi as his footballing role model, Soccernet.ng reports. The young Nigerian, called up to the national team ahead of AFCON 2025, said he has studied Obi’s playing style, particularly during his U-20 World Cup exploits. The former Stoke City midfielder, who captained the Nigerian national team, had 91 appearances for the Super Eagles…

The House of Representatives Joint Committee on Petroleum Resources (Downstream and Midstream) has invited the management of Dangote Petroleum Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority in an effort to resolve the growing dispute between the two parties. The decision was announced on Monday by the chairmen of the Committees on Petroleum Resources (Downstream and Midstream), Ikenga Ugochinyere and Henry Okogie, following an emergency meeting convened in Abuja amid concerns that the disagreement could undermine the relative stability recently recorded in the downstream petroleum sector. Ugochinyere, who chairs the Committee on Petroleum Resources (Downstream), said the intervention…

The Chairman of the Peoples Democratic Party (PDP) in Osun State, Sunday Bisi, has declared that the party’s entire structure will support and work for the second-term emergence of Governor Ademola Adeleke. Adeleke left the PDP and joined Accord Party recently, where he clinched the party’s ticket for the August 8, 2026, governorship election. Bisi, in an interview with our correspondent in Osogbo, said he would not be joining Adeleke in Accord Party; however, he noted that the governor had been endorsed ahead of the poll.“I have not decamped to any political party. I remain the PDP Chairman in Osun…

Okikiola Afolabi The wife of the Lagos State Governor, Dr Ibijoke Sanwo-Olu, has restated her commitment to improving the welfare and dignity of elderly citizens, saying they remain “pillars of wisdom, experience, and history” whose contributions must never be forgotten. Mrs Sanwo-Olu spoke at the 2025 edition of A Day Out With the Elderly, organised by Orunshii Welcare Foundation in collaboration with the governor’s wife. About 200 elders were drawn from nine care homes across Lagos, including Badagry and Epe. The event featured a bus ride from Alausa, Ikeja, through Ojota, Maryland, Apongbon, Eko Atlantic, the Lagos–Calabar Coastal Road, Eko…