Author: Press Room

Revolut has eliminated all fees and spreads when converting between USD and two major stablecoins, USDT and USDC, allowing its 65 million global users to exchange up to €500,000 every 30 rolling days at exact 1:1 rates. The move removes traditional friction points in moving between fiat and crypto, replicating the company’s decade-old approach to foreign exchange that made transparent currency conversion a standard expectation for digital banking users.Leonid Bashlykov, Head of Product Crypto at Revolut, announced the feature on LinkedIn, emphasizing that users will receive exactly $1.00 in stablecoins for every $1.00 in cash and vice versa.The service supports…

John Charles The Benue State Government has ordered the closure of a private hospital and mortuary in Okpokwu Local Government Area following the death of a 54-year-old woman who tested positive for Lassa fever. The Commissioner for Health and Human Resources, Dr. Paul Ogwuche, who disclosed this in Makurdi on Thursday, noted that the decision was part of an emergency containment measure to avert secondary infections and ensure full decontamination of the affected facility. He said all hospital staff and individuals who had direct or indirect contact with the deceased had been traced and placed under medical surveillance. Ogwuche explained…

Tolu Arokodare and his Wolves side have struggled badly this season, and coach Vitor Pereira’s future is uncertain… Former Manchester United coach Erik Ten Hag has emerged as a top candidate for the Wolves job, in case Vitor Pereira gets sacked, Soccernet.ng reports. Tolu Arokodare just joined Wolves from Belgian club Genk in the summer, but it has been a wretched start to the campaign with the club. Wolves are rooted to the bottom of the Premier League, with just two points after nine games. They have lost seven games already, and the game play has not been impressive. Tolu…

Former Besiktas defender Emre Eren believes Galatasaray striker Victor Osimhen could soon be worth €150 million if he continues his blistering form this season, Soccernet.ng reports. The Nigerian forward, who joined Galatasaray permanently this summer for €75 million, has taken Istanbul by storm since making his move official. It was a surprise transfer, as the 26-year-old had long been expected to join one of Europe’s biggest clubs, with Chelsea, Manchester United, PSG, Barcelona, Liverpool, and Juventus all monitoring his progress for years. Nigeria and Galatasaray striker Victor Osimhen (right). Photo Credit: Galatasaray Comms However, Galatasaray won the race, aided by…

Ahead of the November 8 Anambra governorship election, the European Union Support to Democratic Governance in Nigeria (EU-SDGN II) has called for the exclusion of non-statutory security outfits, including vigilantes, from election security roles. It emphasised that there is no legal basis for non-state security outfits to participate in the conduct of the exercise. The EU also called on security agencies and officials of the Independent National Electoral Commission (INEC) to be more proactive in detecting and apprehending offenders on election day. However, these are part of the 66 recommendations of the EU partners, comprising 16 Nigerian civil society organisations.…

An Accountability Report on the 2025 Anambra State governorship election has revealed that none of the five major candidates published a costed or comprehensive manifesto. The report detailing candidates of the All Progressives Grand Alliance (APGA), All Progressives Congress (APC), All Democratic Congress (ADC), Labour Party (LP) and the Peoples Democratic Party (PDP) said most of the manifestos were mere rhetoric with no level of feasibility and implementation detail of their plans. The Adehun Pre-election Accountability Report on the Anambra State Governorship, released by the Policy Accountability Lab, revealed that Governor Chukwuma Soludo of APGA was leading with a stronger…

Operatives of the Nigerian Navy Forward Operating Base (FOB), Igbokoda, have uncovered and dismantled an illegal refinery in Obe-Jedo and Obe-Adun communities in Ilaje Local Council of Ondo State. FOB Commander, Navy Captain Aliyu Usman, confirmed the operation, disclosing that seven suspects were arrested at the scene, while locally made guns and machetes believed to have been used in resisting arrest were recovered. Usman said the raid followed credible intelligence on economic sabotage and maritime crimes. About 3,000 litres of refined diesel stored in jerrycans, along with several cooking ovens used to process stolen crude oil, were discovered. He added…

Bitcoin held near $109,000 on Friday as Asia-Pacific stocks opened higher and tech optimism lifted sentiment, setting a calmer tone after a choppy week for digital assets.Japan led regional gains as investors weighed signs of a thaw in US-China trade tensions following high level talks. The Nikkei 225 rose over 1% to a record, and the Topix added 0.79%, also hitting a new peak.South Korea advanced as well, with the Kospi up 0.22% after a record close on Thursday, and the small cap Kosdaq rising 0.47%.Market snapshot Bitcoin: $109,747, up 0.7% Ether: $3,861, down 1.2% XRP: $2.48, down 1.1% Total…

Lara Adejoro The Federal Government on Thursday unveiled a new digital platform aimed at formalising Nigeria’s waste value chain by connecting waste generators, collectors, recyclers, aggregators, and end-users within a transparent and traceable system. The platform was launched during a sensitisation workshop and unveiling of the National Waste Marketplace Programme, themed “Digitising and Formalising the Circular Economy Through Technology,” held in Abuja. Organised by the National Environmental Standards and Regulations Enforcement Agency in collaboration with Recycle Stack Limited, the initiative brought together key stakeholders in waste management and recycling to discuss strategies for advancing a circular economy in Nigeria. The…

Nigeria Football Federation (NFF) President Ibrahim Musa Gusau has reaffirmed full confidence in Super Eagles coach Éric Chelle, Soccernet.ng reports. The NFF chief insists the Franco-Malian tactician remains central to Nigeria’s long-term project beyond the 2026 FIFA World Cup qualifying play-offs. The Super Eagles sealed a place in the CAF play-off round after finishing as one of the best runners-up in the qualifiers, and will face Gabon in November for a spot in the inter-continental play-offs. Tolu Arokodare, Simon Moses and Wilfred Ndidi of Nigeria during the 2026 FIFA World Cup qualifying match between the Super Eagles of Nigeria and…