Author: Samuel Akpenpuun

Bitcoin’s price has dropped below $50,000 for the first time since February, hitting a low of $49,351 before rebounding to around $51,000. This decline comes as BTC dominance rises to 58% amidst significant drops in both the altcoin and stock markets. The cryptocurrency market has seen a drastic contraction, with over 17% of its total market capitalization erased. CoinMarketCap reported that the market cap, which was approximately $2.16 trillion, has fallen to about $1.76 trillion as of August 5. In the early hours of August 5, Bitcoin’s drop triggered the liquidation of $600 million in leveraged long positions. This market…

The Presidential Candidate of the Labour Party in the 2023 poll, Peter Obi, has reacted to President Bola Ahmed Tinubu’s broadcast to the nation, saying the address failed to address the issues that triggered the protest. Writing on his X handle on Monday titled ‘My Response to the President’s Address’ the LP standards bearer said, “Having led the call for the President to address the nation and respond to the demands of the people, and having listened to the belated speech, I needed to delay my response to see if my understanding of the address was aligned with others. “I…

Chelsea will find out their Europa Conference League play-off opponents on Monday when the draw takes place in Nyon, Switzerland. The Blues finished sixth in the Premier League last season but missed out on a Europa League spot after eighth-placed Manchester United defeated champions Manchester City in the FA Cup final. Enzo Maresca’s side has had a challenging start to pre-season, with only one win in four matches, including a recent 4-2 loss to Manchester City on Saturday. Chelsea are in the main path of the play-off round, meaning they are seeded and will start their campaign against an unseeded…

Security operatives on Monday dispersed a group of protesters in the Karu area of the Federal Capital Territory. The protesters were still assembling when security agents intervened, arresting three individuals. One of the protesters, Yahaya Abdullahi, reported that the security forces used tear gas against the demonstrators. “Our people were just coming out when the police and other security agents started tear-gassing us and arrested some of our people. We know of three arrests so far”, He stated.

About 68 leaders of political parties in Bende Federal constituency of Abia State have joined the All Progressives Congress Congress (APC). The defectors received into the party by Deputy Speaker, Hon. Benjamin Kalu, were drawn from the Labour Party (LP), People’s Democratic Party (PDP) and a young Progressive Party (YPP). Chief Press Secretary to the Deputy Speaker, Levinus Nwabughiogu said in a statement that the defectors include PDP youth leader, Arthur Paul Chukwu Ota. Receiving them into APC, the Deputy Speaker expressed gratitude to the constituents for their vote and support in the last 2023 general elections while commending them…

A Mexican crime reporter who was under police protection because of an attempt on his life was shot and killed Sunday, local officials said. Alejandro Martinez Noguez, who ran a popular news outlet on Facebook, was killed while riding in a car with his bodyguards in the central state of Guanajuato after a reporting assignment, the security department of the city of Celaya said. “Civilian attackers in a pickup truck opened fire with long guns at a car assigned to the reporter and his team of bodyguards by the city government,” the secretariat said in a statement. Police sources told…

Plateau State Governor, Caleb Mutfwang has announced the imposition of a 24-hour curfew on Jos-Bukuru metropolis effective from midnight of Sunday, August 4th, 2024. The governor’s order was conveyed through a press statement signed by the director of press and public affairs, Gyang Bere. According to him, the action was taken in consultation with state security agencies after reviewing the actions of “unscrupulous individuals” who exploited the nationwide protest to unleash terror on innocent citizens within the affected areas. “The peaceful conduct of our people before, during, and after the nationwide protest is commendable. I urge everyone to continue to…

World champion Noah Lyles roared to victory in 9.79sec to claim the men’s Olympics 100m gold in Paris on Sunday. Lyles became the first American, male or female, to win the event since Justin Gatlin won in the 2004 Athens Games.

The Peoples Democratic Party in Akwa Ibom State has nominated 31 chairmanship and 368 councillorship candidates in preparation for the state’s Local Government polls scheduled for October 5, 2024. The candidates were nominated in the party primaries held throughout the state on Saturday which stakeholders described as “peaceful and successful.” Speaking in his Nsit-Ubium LG, the state governor, Umo Eno, hailed the peaceful conduct of the primaries ascribing the success to the peace being enjoyed in the state He appreciated the people of the state, particularly the party faithful, for conducting themselves throughout the exercise, especially in a period when…

The United Kingdom Government warned Sunday that violent disorder would “not be tolerated” after police made dozens of arrests at far-right rallies following clashes between protesters and officers. Unrest linked to disinformation about a mass stabbing that killed three young girls last week spread to multiple towns and cities Saturday as anti-immigration demonstrators faced off against counter-protesters. About 90 people were arrested after skirmishes broke out in numerous English cities, including Liverpool, Manchester, Bristol, Blackpool and Hull, as well as Belfast in Northern Ireland. In some instances, rioters threw bricks, bottles and flares at police — injuring several officers —…