Author: Press Room

Former BitMEX CEO Arthur Hayes has published his boldest crypto prediction yet, forecasting that Hyperliquid’s HYPE token could surge 126x from current levels by 2028 as stablecoin adoption reaches $10 trillion and transforms decentralized trading. Hayes believes Treasury Secretary Scott Bessent’s policies could create the largest DeFi bull market in history.“Buffalo Bill” Bessent’s Strategy Targets $34 Trillion Global Deposit SeizureHayes’ thesis centers on his belief that the Trump administration will weaponize stablecoins to capture $34 trillion in Eurodollar deposits and Global South bank holdings, forcing these funds into U.S. Treasury bills through compliant stablecoin issuers. The former crypto executive argues…

Nigeria international Christantus Uche has turned down a move to Wolves despite the Premier League club agreeing a fee with Getafe, Soccernet.ng reports. Wolves were confident of sealing a deal worth around €20m for the midfielder, with plans already in place for him to undergo a medical in England. The Midlands club are desperate to strengthen after opening the season with two defeats and losing star forward Matheus Cunha to Manchester United. Christantus Uche. Copyright: xJosexLuisxContrerasx IMAGO But while Uche has previously spoken of his ambition to play in the Premier League, sources close to the player suggest he is…

The All Progressives Congress (APC) says members of the party who wish to contest the presidency in 2027 will not be barred from doing so despite the endorsement of President Bola Tinubu for a second term. Sulaiman Argungu, APC national organising secretary, spoke on Wednesday during an interactive session with journalists at the party’s national secretariat in Abuja. Argungu said the endorsement of Tinubu by the party’s leadership, including the national working committee (NWC), the Progressives Governors Forum led by Hope Uzodinma, and the national assembly leadership under Godswill Akpabio, was in recognition of the president’s performance. He, however, said…

President Bola Tinubu has returned to Abuja after a strategic state visit to Brazil that signalled Nigeria’s intent to deepen ties with Latin America’s largest economy and expand its global partnerships for national renewal. A Presidency source confirmed that the President’s aircraft arrived at the Nnamdi Azikiwe International Airport, Abuja, at 1:20 a.m. Wednesday, and was received by senior government officials. Tinubu departed Brasília on Tuesday afternoon, with his jet lifting off from the International Airport Air Force Base at 12:57 p.m. (local time). Top Brazilian diplomats, including Amb. Carlos Sérgio Sobral Duarte, Secretary for Africa and the Middle East,…

Operations at the popular Balogun Market on Lagos Island were disrupted yesterday after a clash between two traders turned violent, leaving one person dead. The incident, which occurred around 11:00 a.m., threw the market into confusion, as many shop owners hurriedly shut their shops and fled for safety. Reports of traders from different ethnic groups being targeted circulated, but eyewitnesses confirmed that only one person died in the fracas.The Lagos State Police Command, in a statement, dismissed claims of tribal clashes. It explained that the violence stemmed from a free-for-all fight involving hoodlums and miscreants in the market. According to…

Nigeria Women’s Premier League champions Bayelsa Queens booked their place in the semifinals of the CAF Women’s Champions League WAFU B qualifiers after a commanding 3-0 victory over Togo’s ASKO on Wednesday, Soccernet.ng reports. Played at the Stade du Lycée Scientifique, the Prosperity Girls controlled proceedings from the outset but had to wait until the second half to make their dominance count. Despite carving out several chances in the opening period, Bayelsa were let down by wayward finishing and resilient defending from the Togolese champions. Photo Credit: Bayelsa Queens/X ASKO themselves threatened with a shot that clipped the post, but…

Fenwick & West, a prominent Silicon Valley law firm, has rejected allegations that it played a central role in the collapse of crypto exchange FTX, calling the claims “facile” and “flawed” in a court filing on Monday. Key Takeaways: Fenwick & West has rejected claims it enabled FTX’s collapse, calling the allegations speculative and flawed. The firm argues it only provided routine legal services and had no knowledge of fraud. Fenwick says the amended lawsuit recycles claims already dismissed in similar cases, including those against Sullivan & Cromwell. The legal pushback comes in response to an amended class-action lawsuit filed…

In SummarySomalia’s community-led rangeland restoration has revived over 200,000 hectares of grazing land in five years, reducing livestock losses during dry seasons.Zimbabwe’s adoption of drought-tolerant crops like sorghum has increased yields by up to 40% in dry regions, boosting food security despite erratic rains.South Africa’s water recycling projects now supply nearly 10% of urban water demand, easing pressure on traditional sources during extended dry periods.Deep Dive!!Lagos, Nigeria, Wednesday, August 27 – Drought influences how African nations plan for food security, water management, and sustainable growth in 2025. Countries are moving beyond short-term relief efforts to long-term strategies ensuring communities thrive…

Taiwo Awoniyi has been relegated to a peripheral role at Nottingham Forest, and he would have to leave if he wants game time… Super Eagles striker Taiwo Awoniyi has emerged as a potential transfer target for German Bundesliga club Werder Bremen this summer, Soccernet.ng reports. Awoniyi lost his starting shirt at Nottingham Forest to Chris Wood last season. The Super Eagles star was consistently in and out of the team due to injuries, thereby letting Wood to capitalize and build on it. This season, things have even gotten worse for Awoniyi, as the Tricky Trees have gotten more attacking reinforcements…

•Sowunmi urges Obi’s return to PDP, says party owes Igbo ticket•PDP stakeholders in Abuja endorse Olawepo-Hashim, reject zoning•Makinde tipped as ideal PDP presidential candidate for 2027•APC opens door to challengers despite Tinubu endorsement Igbo political strategy has shown signs of division ahead of the 2027 general elections. Leaders of the Igbo Agenda Dialogue (IAD) declared that Ndigbo will no longer offer bloc support to any presidential candidate or political party in 2027 without a binding Memorandum of Understanding (MoU) that clearly outlines commitments to Igbo political and economic interests. In contrast, however, the National Chairman of the All Progressives Grand…