Author: Press Room

The U.S. Commodity Futures Trading Commission (CFTC) has unveiled an initiative, letting stablecoins serve as tokenised collateral in derivatives markets.CFTC acting chair Caroline Pham announced Tuesday that the agency will “work closely with stakeholders” on the directive. She called it the “killer app” to modernize markets by adopting non-cash collaterals and thus lowering costs. CRYPTO SPRINT: @CFTC launches tokenized collateral and stablecoins initiative with industry partners. It’s the killer app to modernize markets and make dollars work smarter and go further, unleashing U.S. economic growth by lowering costs @circle @coinbase @cryptocom… pic.twitter.com/VLCeGNS6K5— Caroline D. Pham (@CarolineDPham) September 23, 2025 “The…

• Osun, Borno lead CVR registration as INEC releases Week 5 details• IPC, Yiaga Africa, EU garner support for electoral reforms Youth Initiative for Advocacy, Growth and Advancement (YIAGA) Africa has called for a careful handling of the appointment process of the Independent National Electoral Commission (INEC) leadership as the commission undergoes a major transition less than 60 days from now. The Executive Director of YIAGA Africa, Samson Itodo, urged President Bola Tinubu to demonstrate statesmanship by adopting an unprecedented level of transparency before submitting nominations for the leadership of the commission to the Senate.  Meanwhile, Osun, Borno and Lagos states have taken the lead…

Atiku accuses President of undermining democracy African Democratic Congress (ADC) has said the Bola Tinubu administration’s failure to deliver on its campaign promises and mismanagement in all sectors are clear signs that the President will lose the 2027 elections. The party also fired back at the Presidency over its recent assertion that Tinubu has no plan to extend his tenure beyond 2031, describing the remarks as presumptuous and patently undemocratic. Relatedly, former Vice President Atiku Abubakar accused Tinubu of undermining the country’s democracy, citing recent political developments as attempts to weaken opposition ahead of the 2027 elections. In a statement by ADC National Publicity…

Nigeria’s chances of qualifying for the 2026 FIFA World Cup hang by a thread following their performance during the September International break… The Super Eagles of Nigeria have been handed a huge boost ahead of their games against Lesotho and the Republic of Benin, Soccernet.ng reports. Semi Ajayi missed the March International break due to a hamstring injury. However, he returned for the 2025 Unity Cup and featured in the friendly game against Russia back in June. However, the 31-year-old missed the September International break due to the recurrence of the same hamstring problem, leading to the rise of Benjamin…

Institutions should be subjected to test, says senator affirmsThrough a combination of factors, including pressure from within and the international community, the Senate reluctantly swallowed its pride and lifted the stonewall it sought to place against the resumption from the six-month suspension it placed on Sen Natasha Akpoti-Uduaghan (PDP, Kogi Central).   The Senate, through the Sergeant-at-Arms, yesterday, removed the barricades, thus marking the end of the insurrection against her alleged recalcitrant behaviour and gross insubordination to the leadership of the upper legislative chamber. In a video clip sent to journalists covering the Red Chamber, Deputy Director, Sergeant-at-Arms, Alabi Adedeji, who unsealed…

A fatal accident occurred yesterday at the Ijora causeway in Lagos when a 40-foot container truck overturned and crushed a commercial tricycle, killing two people instantly. The Lagos State Traffic Management Authority (LASTMA) confirmed that the deceased were a police officer and a female passenger. Their remains were evacuated by security operatives and family members. Two other occupants of the tricycle, including the driver, sustained severe leg injuries and were taken to Jimsan Hospital, Ijora, by officials of the Lagos State Ambulance Service (LASAMBUS) for emergency treatment. According to LASTMA, the crash occurred when the truck lost control while attempting…

Brazil’s central bank (BCB) has proposed new rules for the forex sector that may place further restrictions on the country’s crypto exchanges.The Brazilian media outlet Livecoins reported that the BCB has released a public consultation paper calling for feedback on its proposals.Forex Rules: Crypto Exchanges to Feel Effect?These proposals focus mainly on Forex platforms, known as eFX in Brazil (short for electronic foreign exchange).In fact, the bank did not make any direct reference to crypto exchanges in its proposals, nor to crypto transactions.But, in their current form, the rules would impact crypto exchange platforms that allow their customers to make…

Super Eagles striker Tolu Arokodare scored his first goal for Wolves in their 2-0 victory over Everton in the EFL Cup on Tuesday, Soccernet.ng reports. Arokodare started from the bench for Wolves when they welcomed Everton to the Molineux for their round of 32 EFL Cup clash. Recall that the Super Eagles star moved to England from Belgian club Genk, but he failed to find the net in his previous two games. However, he finally made his mark against Everton. Tolu Arokodare for Wolves on debut against Newcastle United Copyright: ImagoxFredxPalmerx FIL-22216-0060 Munetsi scored the opener for Wolves in the…

Nigerian lawyer Festus Oguns has given the Federal Government seven days to release the list of the 8.1 million households it claims benefited from the ₦330 billion Conditional Cash Transfer (CCT) programme. On September 16, 2025, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced that ₦330 billion had been disbursed to 8.1 million households across the country under the National Social Safety Net Programme (NSSNP). The initiative, implemented by the National Social Safety-Nets Coordinating Office (NASSCO) under the Federal Ministry of Humanitarian Affairs and Poverty Reduction, was designed to cushion the effects of ongoing economic…

Nigeria’s Flying Eagles capped their 2025 FIFA U20 World Cup preparations with a disciplined 3-1 win over Australia in Santiago, Chile, on Tuesday night, Soccernet.ng reports. Tahir Maigana, Achihi Oseer and Charles Agada got the goals for the Flying Eagles in what is Nigeria’s final international friendly before the tournament kicks off later this week.. The friendly, staged behind closed doors at the Complejo Deportivo Ruca Mapu, offered one last chance for both sides to fine-tune ahead of next week’s FIFA U20 World Cup. Nigeria Flying Eagles. Photo Credit: NFF Comms Nigeria looked the sharper of the two teams striking…