Author: Press Room

Key Takeaways: Botanix cofounder Alisia Painter says the stablecoin market will exceed $1 trillion in 2026. Growth to be driven by institutional adoption, new yield-bearing tokens and cross-border payments. Over 20% of all active stablecoins will offer embedded yield or programmability features next year. The stablecoin market will more than triple to reach $1 trillion in circulation next year, spurred by institutional adoption, new yield-bearing tokens and stronger cross-border payments, according to one industry executive.“The biggest shift will be from static stablecoins to yield-bearing stablecoins and synthetic dollars backed by real assets,” Alisia Painter, co-founder and chief operating officer of…

The senior pastor of Kingsway International Christian Centre (KICC), Pastor Mathew Ashimolowo, has cast doubts on the electoral prospects of former Anambra State governor, Peter Obi, in the northern region ahead of the 2027 presidential election. Speaking in an interview with Outside the Box, Ashimolowo suggested that Obi’s support in the north may be extremely limited. “The chance of Peter Obi getting five per cent in 12 core Northern states will be a miracle because Nigeria has not healed,” he said. “He is a fantastic man, he is a gifted man, he could do well, he could achieve, he has…

Nigeria take on Egypt in a practice match at the Cairo International Stadium on Tuesday evening as both teams fine-tune preparations for the 2025 Africa Cup of Nations. Although stripped of full international status, the fixture remains a meaningful exercise for two of Africa’s most successful footballing nations. For Nigeria, it represents a compressed and imperfect build-up, shaped by FIFA regulations that allowed European clubs to delay the release of African players ahead of the tournament. Photo by Nsidibe Akpan Copyright:PicasaxIMAGO The Super Eagles had initially planned two warm-up matches, but those plans were disrupted, leaving this encounter potentially their…

Popular TikTok content creator and livestreamer, Hamzat Habeeb, widely known as Peller, has sparked outrage and concern after crashing his car during a live broadcast on Lekki-Epe Expressway in Lagos. The incident, which occurred during a livestream on Instagram he titled “RIP Peller” on Sunday, that has since circulated widely on social media, showed the influencer driving alone in his newly acquired Mercedes-Benz while visibly distressed. In the video, Peller was seen crying and speaking emotionally during a phone conversation believed to be with his girlfriend, Jarvis, amid rumours of a possible breakup. At several points in the livestream, he…

Osun State governor, Senator Ademola Adeleke, on Sunday, took a swipe at his predecessor and current Minister of Marine and Blue Economy, Adegboyega Oyetola, declaring that his tenure as governor in Osun between 2018 and 2022 represented a dark page in the state’s sociopolitical history. Adeleke, who emerged as the flag bearer of the Accord Party last Thursday, emphasised that with the collective will of the people and Almighty God’s might, he will defeat the governorship candidate of the All Progressives Congress (APC), Munirudeen Bola Oyebamiji, popularly known as AMBO, during the forthcoming 8 August 2026 gubernatorial poll in the…

Senior political figure Salihu Tanko Yakassai has urged leaders in the North-West to take urgent steps to make the North West Development Commission (NWDC) functional. He also warned that the region risks falling behind other parts of the country that are already leveraging their development commissions to drive large-scale projects. Yakassai’s call followed recent moves by the South West Development Commission, which announced a memorandum of understanding with the Nigerian Railway Corporation to link the six states in the region by rail. The proposed rail project, to be funded through statutory allocations, state government contributions and private-sector investment, is currently…

Four days after Governor Ademola Adeleke emerged as the governorship candidate of the Accord Party, another faction of the party held its own governorship primary, where a different candidate was produced. Mr Clement Bamigbola emerged as the faction’s governorship candidate for the August 8, 2026, Osun State election. Recall that the party, under the leadership of Mr Maxwell Mgbudem, on Wednesday held a similar exercise which produced Governor Adeleke as the party’s candidate. However, a faction of the party rejected him, stating that Maxwell Mgbudem is not a legally backed National Chairman of the party. In a fresh twist, on…

Nigeria’s preparations for the 2025 Africa Cup of Nations (AFCON) received a timely boost on Sunday as goalkeeper Stanley Nwabali arrived at the Super Eagles’ camp in Cairo, Soccernet.ng reports. The 2023 AFCON silver medallist became the second player to report for duty. Nwabali’s arrival comes amid recent reports linking him with injury concerns ahead of the tournament, which makes his presence in camp particularly significant. Stanley Nwabali during the 2026 FIFA World Cup qualifying match between the Super Eagles of Nigeria and the Amavubi of Rwanda. Photo by ImagoxAkpan Nsidibe The Chippa United shot-stopper touched down just minutes ago,…

At least 11 people, including children, have been reported dead after two gunmen armed with rifles opened fire at Bondi Beach, in Sydney, Australia, on Sunday afternoon, with hundreds of beachgoers fleeing for their lives. According to Daily Mail, witnesses said two men stepped out of a vehicle on Campbell Parade, near Bondi Pavilion, and opened fire about 6.40pm on Sunday, with footage showing blast after blast on the tourist strip. Some witnesses reported more than 30 shots. Video and photos taken by a Daily Mail photographer showed a gunman, later identified as Naveed Akram, 24, from Bonnyrigg in Sydney’s…

The African Democratic Congress (ADC) has announced the dates for its congresses and convention, while the political party said it has also begun a 90-day nationwide membership mobilisation, revalidation, and registration. The ADC made the announcement on Saturday, in a statement signed by the party’s National Publicity Secretary, Bolaji Abdullahi. According to Abdullahi, the move follows the conclusion of the National Working Committee meeting of the party held on November 27, 2025. “The party has commenced its membership mobilisation, revalidation, and registration across the country for 90 days. “These activities are announced in line with the conclusions of the National…