Author: Naija Daily News

Bitcoin (BTC), the world’s leading cryptocurrency, fell below $91,000 on February 25, 2025, after reports of U.S. President Donald Trump’s tariffs on Mexico and Canada triggered a sell-off in the crypto market. This is the second time Trump’s tariffs have impacted Bitcoin, highlighting its increasing sensitivity to macroeconomic events. In the past 24 hours, Bitcoin dropped more than 4.5%, reaching its lowest point since late November. The broader crypto market also saw losses, with the total market cap falling 8%, from $3.31 trillion to $3.09 trillion. Ethereum (ETH) dropped 8.5%, and XRP fell 9%, trading at $2.25. Memecoins, especially on…

Olumide Akpata, former president of the Nigerian Bar Association (NBA) has announced the death of his father – Dr Henry Akpata, and his uncle – Dr. Sunny Akpata. Akpata, a candidate of the Labour Party (LP) in the Edo State off-cycle gubernatorial election had taken a break off social media after the polls in September 2024. In October 2024, he announced his decision not to approach the Edo State Gubernatorial Election Petition Tribunal. Akpata on his verified ‘X’ handle on Monday, February 24, said: “My hiatus from social media for the past 4 months has understandably sparked discussions and speculations…

Multichoice Nigeria, the pay-TV operator, has notified its customers about another price hike across its subscription packages for both DStv and GOtv. In a notice sent to its customers on Monday, the company said the new price regime is to take effect from March 1, 2025. According to the company, its latest price review will hike the DStv Compact bouquet from N15,700 to N19,000, the Compact Plus to N30,000, and the Premium subscription to N44,500. The notice titled “Price adjustments for DStv and GOtv packages” read, “Dear Customer, please note that effective 1 March 2025, there will be a price…

By Deborah Nnamdi The Founder of Streams of Joy International, Pastor Jerry Eze has shared a testimony of how he and his team narrowly escaped a plane crash. Pastor Jerry, who is also the convener of the New Season Prophetic Prayers and Declaration (NSPPD), revealed the incident during Sunday’s church service, explaining that it occurred after the NSPPD Prayer Conference in Lagos. He recounted that while onboard the flight back to Abuja, he felt uneasy and requested to see the pilot. “Saturday morning, after the NSPPD prayer conference in Lagos, we got on a flight, and as soon as we…

By Deborah Nnamdi The Itsekiri Leaders of Thought(ILOT), has appealed to President Bola Ahmed Tinubu to disregard the call for scraping of the Niger Delta Development Commission (NDDC) by some groups. The Itsekiri group also said that the NDDC was established with a clear mandate to facilitate the infrastructural and socio-economic development of the oil-producing states of the country. ILOT made this disclosure in a letter addressed to President Bola Ahmed signed by its chairman and secretary respectively, Chief Edward Ekpoko and Sir, S A Mene, saying “Why we support the creation of the South-South Development Commission, we are strongly…

By Deborah Nnamdi Elected Chairmen and Councillors under the platform of the All Progressives Congress, APC, have resumed work in some local government council secretariats despite workers’ withdrawal of services. The APC and PDP have fought over control of local government following judgements of the Federal High Court and Appeal Court. Recall that the State Independent Electoral Commission, OSIEC, conducted local government elections in the midst of the legal crisis at the weekend and Governor Ademola Adeleke inaugurated the chairmen, after which they inaugurated their councillors. However, checks on Monday morning showed that chairmen and Councillors elected under the APC-led…

By Deborah Nnamdi Senate President Godswill Akpabio has said that not more than 30 percent of Nigerians pay tax to the coffers of the Federal Government, yet many Nigerians want the best to be provided by the government in the areas of infrastructure, education, and security, among others. Speaking on Monday while declaring open the public hearing on tax reform bills forwarded to both chambers on October 3, 2024, by President Bola Tinubu, Akpabio said the reforms were necessary as the nation cannot continue to do the same thing repeatedly. According to him, when the bills are passed, the National…

By Deborah Nnamdi No fewer than nine persons were confirmed dead by the Federal Road Safety Commission, FRSC, Ogun State sector in an accident that occurred around Ayetoro on the Lagos-Ibadan expressway in the early hours of Monday. Three others sustained various degrees of injuries in the road crash. The accident, which reportedly occurred at about 5:30 am, involved a Toyota bus with number plate UYY165ZY and a truck with registration number DKA244XC. The bus driver was said to have lost control and rammed into the stationary truck. Spokesperson for the Ogun State Sector Command of the FRSC, Florence Okpe,…

By Deborah Nnamdi The Lagos State Police Command has detained a 23-year-old man for allegedly beating his girlfriend to death. The command’s spokesperson, CSP Benjamin Hundeyin, confirmed the incident to journalists on Monday in Lagos. He stated that the suspect committed the offense on Friday at about 8:00 pm in the Ijedodo, Isheri-Osun area of the state. Hundeyin explained that a neighbor reported the incident at the Isheri-Osun Police Divisional Station. “The neighbor said he saw the suspect beating his girlfriend in his room for reasons yet to be determined. “A few minutes later, the suspect screamed for help. On…

By Deborah Nnamdi The family of the late Chief Samuel Ayodele Adebanjo has announced arrangements for his burial rites. A statement signed by the family of the late Afenifere leader on Monday indicated that the elder statesman would be laid to rest on Saturday, May 3, 2025. Chief Adebanjo, a respected nationalist, elder statesman, and Afenifere leader, passed away on February 14, 2025, at the age of 96. According to the statement, a Day of Tributes and Service of Songs will be held on Wednesday, April 30, 2025, at Harbour Point, Victoria Island, Lagos. A wake is scheduled for Friday,…