Author: Press Room

Polymarket, a leading crypto prediction market platform, has seen significant inflation of its trading volume due to “artificial” wash trading, a new Columbia University study uncovers.The study notes that Polymarket was not itself responsible for wash trading, while the crypto-based structure could have enabled it.In 2024, concerns over wash trading and potential market manipulation plagued the decentralized prediction platform. At the time, researchers noted that a “significant portion” of the virtual market’s activity might stem from wash trading.Wash trading is a tactic where shares are repeatedly bought and sold to give the impression of higher trading volume. The volume of…

Yiaga Africa urges INEC to improve logistics, deployment Twenty political parties will go to the polls to elect the governor of Anambra State tomorrow, November 8, 2025. The flag bearer of the All Progressives Grand Alliance (APGA), Prof. Chukwuma Soludo and his rival in the All Progressives Congress (APC) are tipped to go for a tough fight, amid claims of possible upset by the other contenders. Soludo, it was learnt, enjoys the incumbency factor as the state governor, while Nicholas Ukachukwu appears to have a ‘Federal Might’ incumbency advantage, being an APC candidate. Apart from Soludo and Ukachukwu, the Independent…

Super Eagles attacker Ademola Lookman was at the centre of attention on Wednesday night as a tense moment unfolded between him and Atalanta manager Ivan Jurić, Soccernet.ng reports.  The Nigerian forward, who started the game against Olympique Marseille, appeared visibly frustrated after being substituted in the second half for Yunus Musah, which prompted a brief but heated exchange with the coach on the touchline. The incident, captured on camera, quickly spread across social media, with a section of the Nigerian football community questioning Jurić’s attitude towards the 2024 CAF Player of the Year following the Nigerian international’s summer exit saga.…

• 60,000 police, military personnel to secure 5,720 polling units• All eyes on Amupitan in crucial debut for INEC leadership• INEC chairman declares 98.8% PVC collection, says commission fully ready• REC supervises distribution of BVAS, Forms EC8A, EC8B• Concerns mount over credibility, capacity, vote buying, turnout• Ihiala Council to vote under special security arrangement As Anambra State prepares to elect a new governor tomorrow, tension and uncertainty prevail in the atmosphere amid concerns over a heavy security presence, reports of vote buying, and insecurity that could undermine the exercise. Fueling the apprehension is growing public doubt about the capacity of…

Victor Osimhen recently scored a hat-trick to secure all three points for Galatasaray in their 3-0 win over Ajax FC… Super Eagles striker Victor Osimhen has been receiving plaudits from his Galatasaray teammate and Gabon international, Mario Lemina, Soccernet.ng reports. Osimhen grabbed a stunning hat-trick as Galatasaray cruised to a 3-0 win over Ajax in Amsterdam on Wednesday night. However, there is a hint of friendly rivalry, as Lemina and Osimhen are set to face each other soon in the World Cup playoff between Nigeria and Gabon. Victor Osimhen celebrates his goal with teammate Mario Lemina during the UEFA Champions…

Amid uncertainty surrounding the scheduled November 15–16 National Convention of the Peoples Democratic Party (PDP), the party’s governors and National Chairman, Ambassador Umar Damagum, have intensified mobilisation of state chairmen to ensure full participation in the exercise. At least 29 of the PDP’s 37 state chairmen met in Abuja on Thursday, where they reaffirmed their loyalty to the Damagum-led National Working Committee (NWC) and pledged readiness to attend the upcoming convention. The mobilisation comes in the wake of opposition from the Mohammed Abdulrahman-led faction, which had announced the suspension of the convention pending an appeal before the Court of Appeal.At…

A Lagos Special Offences Court sitting in Ikeja has convicted and sentenced a staff member of Wema Bank Plc, Samuel Ihechukwu Asiegbu, to three years’ imprisonment for unauthorised access to the bank’s computer system to facilitate the theft of N8.56 billion. Justice Rahman Oshodi found Asiegbu guilty as charged by the Economic and Financial Crimes Commission (EFCC). Asiegbu was arraigned alongside three other defendants: Hamza Zakaria, Nurudeen Ibrahim, and Alhaji Sulaiman, on a four-count charge bordering on conspiracy, stealing, and unauthorised access to a computer system with intent to commit fraud. The EFCC alleged that the defendants and others still at…

Good morning, Asia. Here’s what’s moving before the bell.Markets opened Friday to a risk-off tone across Asia, with crypto prices and major regional equity benchmarks slipping as investors grew more cautious about the global economic outlook.Bitcoin fell alongside broader digital assets, extending this week’s losses after data pointed to weakening demand and slowing treasury inflows from large holders. Total crypto market cap dropped about 2% in early trading, mirroring sentiment in equities.Market snapshot Bitcoin: $101,545, down 1.5% Ether: $3,320, down 2.5% XRP: $2.21, down 5.1% Total crypto market cap: $3.47 trillion, down 1.9% Regional Markets Track US Losses After Sharp…

Ajax manager John Heitinga could only watch in frustration as Victor Osimhen tore through his defence with ruthless precision to inspire Galatasaray to a 3-0 win in Amsterdam, Soccernet.ng reports. The Nigerian forward’s sensational hat-trick on Wednesday night not only secured three vital points for the Turkish champions but also pushed them closer to the Champions League knockout stages. In contrast, Ajax’s miserable run in the competition continued with the Dutch giants still without a point after four games. Photo Credit: UEFA X After the game, Heitinga was gracious in defeat but clear in his analysis: Osimhen made the difference.…

Super Eagles and Galatasaray striker Victor Osimhen was in good spirits after scoring a hat-trick against Ajax in the UEFA Champions League last night, Soccernet.ng reports. The 26-year-old’s trio now makes him the competition’s top scorer with six goals, above the likes of Harry Kane, Kylian Mbappe, Erling Haaland and Lautaro Martinez. Prior to the clash at the Johan Cruijff Arena, Osimhen had broken the record for the most goals by a Nigerian in the Champions League. Following his goals last night, he smashed Obafemi Martins’ record (23), becoming the Super Eagles player with the most goals across all European…