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Bitcoin (BTC) has experienced a significant drop, falling to the $82,000 mark on Thursday morning and registering a 4% loss following United States President Donald Trump’s announcement of widespread tariffs on global trading partners.

This action has rattled both traditional and digital asset markets, sparking a sell-off in risky assets, including major cryptocurrencies.

The market downturn mirrors broader crypto trends, with Ethereum (ETH) losing 2.96% to trade at $1,823.34, and XRP dropping 2.21% to settle at $2.05. Solana (SOL) experienced even steeper losses, shedding over 9% of its value at one point.

 

BTC was trading around $85,000 before the latest dip.

Impact of Trump’s Tariffs on Global Trade and Cryptocurrency Markets 

Trump’s tariffs, described as one of the most extensive deployments in U.S. history, include:

  • A 10% baseline tax on all imports.
  • A 25% levy on foreign-made cars.
  • Reciprocal duties set at 50% of the rates imposed on American exports by other nations.

The proposal spans 185 countries, including Nigeria, whose exports to the U.S. will now face a 14% tariff, compared to the 27% tariff claimed by the U.S. on its imports from Nigeria.

Between 2015 and 2024, Nigeria’s trade with the U.S. reached a combined N31.1 trillion, according to data from the Nigerian Bureau of Statistics (NBS).

Within this period, imports totaled N16.4 trillion, accounting for 8.7% of Nigeria’s global exports.

Bitcoin’s downturn further highlights the ripple effects of global economic uncertainty. After hitting a trading low of $82,141—down from a recent peak of $89,042—BTC/USD remains close to its 100-hour Simple Moving Average at $83,500, illustrating heightened market volatility.

What you should know 

On-chain data from Glassnode reveals that Bitcoin’s current market differs from past cycles. Investors who purchased BTC between 2020 and 2022—with cost bases ranging from $3,600 to $69,000, have mostly held their positions despite price fluctuations.

  • The share of wealth held by these investors dropped by 3% from its peak in November 2024, but still reflects historically high levels. This contrasts with previous cycles, where short-term holders (STHs) controlled 70–90% of network wealth at market tops.
  • Today, STHs hold around 40%, signaling less speculative activity.

 Technical Analysis and Price Outlook 

Technical indicators suggest Bitcoin may be at a pivotal turning point. Relative Strength Index (RSI), below the 50 level, indicates sellers retain minor influence, while Hourly MACD (Moving Average Convergence Divergence) lost momentum in bearish territory.

Immediate resistance is observed near $84,000, with a critical obstacle at $85,000. Breaking through the $85,550 level (representing a 50% Fibonacci retracement) could push Bitcoin toward $86,800 or even $88,500.

Conversely, failure to surpass $85,000 might trigger fresh selling pressure, driving BTC toward support levels of $82,200, $81,350, and the psychologically significant $80,000 mark.

[Nairametrics]

Former Kaduna Central Senator, Shehu Sani, has declined an appointment to serve as a judge for the upcoming Miss World Nigeria Beauty Pageant scheduled for April 4, 2025, at the Federal Palace Hotel in Lagos.

The news of Sani’s appointment was initially shared by the event organiser, Senator Ben Bruce, who is also a former colleague of Sani in the 8th National Assembly.

 

Bruce took to his official social media handle on Wednesday to announce Sani’s role, offering congratulations to his friend on the prestigious position.

In his post, Bruce wrote: “Hearty congratulations to my good friend, Shehu Sani, on his appointment as a judge for the Miss World Nigeria Beauty Pageant, taking place on April 4, at the Federal Palace Hotel. Kindly ensure you arrive on time, 6:00 PM sharp, and come dressed in your finest attire.”

However, Sani responded to the announcement on social media platform ?, on Thursday, where he politely declined the invitation.

He thanked Bruce for the honour but provided personal and practical reasons for his decision.

“My wives will not be happy if I serve as a judge,” Sani humorously explained. “I have not been able to pass judgment on the most beautiful between my wives, let alone those I don’t know.”

Sani further stated that he lacked the expertise and experience required for such events, adding, “I don’t have the knowledge or experience in such events.”

The former senator also mentioned that the timing of the event coincided with the Sallah period, a time when he prefers to spend time with family and friends.

“This is the Sallah period when we spend time with family members and friends. Thank you for the honour and wish them well,” he concluded.

Sani, recognizing the potential inconvenience his decision may cause, offered an apology to Ben Bruce and the organisers of the pageant.

“I apologise for any inconvenience my rejection may have caused,” he wrote, adding a polite note of goodwill for the success of the event.

[NaijaNews]

The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has apologised to Lagosians over the severe traffic situation experienced on Wednesday and Thursday morning due to repair works on the Independence Bridge in the state.

Sanwo-Olu tendered the apology on Thursday while on an inspection visit at the bridge to see the work being done by the Federal Ministry of Works.

According to Sanwo-Olu, the decision to fix the bridge was made to prevent a disaster waiting to happen.

He said all the alternatives routes will be cleaned up, adding that more traffic officers and security operatives will be deployed to the roads as it was done during December period.

The governor appealed to Lagosians to keep obeying traffic rules, just as he advised office to imbibe the work-from-home structure during the period the bridge undergoes repair.

Lagos was under lockdown by traffic Wednesday due to the shock closure of the bridge.

Victoria Island and Ikoyi were the worst hit by the Independence Bridge closure, with most streets witnessing heavy traffic from Wednesday evening till the early hours of Thursday.
Minister of Works, Senator David Umahi, later directed the immediate reopening of the Independence Bridge in Lagos to vehicular traffic.

This directive follows the earlier closure of the bridge for planned maintenance and rehabilitation works, which caused slow and chaotic traffic around Lagos Island, Victoria Island and Ikoyi on Wednesday.

The ministry expressed regret for the inconvenience caused to the motoring public by the closure and appealed for their understanding and cooperation.

The Federal Ministry of Works clarified that the necessary repair works on the bridge would be carried out at a later time.

[Guardian]

The Joint Admissions and Matriculation Board (JAMB) has said the 2025 UTME Mock Notification Slip is now available for printing by candidates who registered to participate in the optional UTME Mock exercise.

The UTME-Mock Examination is scheduled to hold on Thursday, April 10, while the main UTME Examination start sate is Friday, April 25, 2025

 

JAMB’s Public Communication Advisor, Dr Fabian Benjamin, on Thursday, said the Notification Slip includes crucial information such as the examination date, venue (centre), time, and other essential details needed to successfully sit for the examination.

“Candidates are encouraged to print their Notification Slip starting from Thursday, April 3, 2025. This will allow ample time to make necessary logistical arrangements to access their assigned centres within the chosen examination towns,” he said.

He advised candidates to print their slips and familiarise themselves with their examination centres at least one or two days prior to the examination date.

 

Fabian said the preparation would ensure a smooth experience on the day of the examination

To print the notification slip, candidates were asked to visit www.jamb.gov.ng, Click on ‘2025 Mock Slip Printing’ and enter registration number and click on ‘Print Examination Slip’.

[Leadership]

The Vice President, Senator Kashim Shettima, has departed Abuja for Dakar, Senegal.

The Vice President is expected to represent President Bola Ahmed Tinubu at Senegal’s 65th Independence Day Anniversary celebrations.

Senegal celebrates its Independence Day on April 4 each year, commemorating its freedom from French colonial rule in 1960. The day is marked by national pride, with ceremonies, parades and cultural events.

Stanley Nkwocha, Senior Special Assistant to The President on Media and Communications, Office of The Vice President in a statement said Shettima’s attendance at the annual event is in honour of an invitation extended to President Tinubu by the Senegalese President, Bassirou Diomaye Faye, following the strong mutual relationship between Nigeria and Senegal.

 

The independence Day celebrations will be held at the Place de la Nation in Dakar, with President Faye playing host to Vice President Shettima and other distinguished guests from across Africa and beyond.

The Vice President is expected to return to Nigeria after the one-day event.

[DailyTrust]

Real Madrid fear that at least one of their key players will be banned by the UEFA, as they await verdicts on Kylian Mbappe, Vinicius, Antonio Rudiger, and Dani Ceballos.

UEFA are investigating the players’ conduct during and after their dramatic penalty shootout victory against Atletico Madrid on March 12.

The main focus of the investigation revolves around certain gestures made by the players, with Rudiger and Mbappe at the center of the controversy.

Among the allegations, Rudiger is believed to be facing the most serious accusation.

The German defender appeared to make a throat-slitting gesture, believed to be directed at Atletico supporters.

Such an action has been interpreted as threatening, which could lead to a harsher punishment compared to his teammates.

Mbappe also finds himself under the spotlight, with video footage circulating online allegedly showing him making a crotch-grabbing gesture while celebrating.

 
[DailyPost]

U.S. President Donald Trump on Wednesday introduced his long-anticipated “red hot” tariffs aimed at boosting American manufacturing and penalising nations for what he describes as years of unfair trade practices.

Trump announced a 10% baseline tariff on all imports into the U.S., with higher rates imposed on countries with trade surpluses against America.

Some of the highest rates will be levied on smaller countries, with goods from Lesotho facing 50%.

The European Union is facing 20% tariffs, while China is looking at 34%.

Here is the list of the African countries on Trump’s preliminary list:

 

Lesotho – 50%

Madagascar – 47%

Mauritius – 40%

Botswana – 37%

South Africa 30%

 

Nigeria – 14%

Kenya – 10%

Ghana – 10%

Ethiopia – 10%

Tanzania – 10%

Uganda – 10%

Senegal – 10%

Liberia – 10%

Although Nigeria and other African nations are not on Trump’s supplementary list, they remain subject to the 10% baseline tariff affecting all imports into the United States.

[TheNation]

 

Years ago, I had an unforgettable experience of nearly witnessing a lynching at Iwo Road in Ibadan. It was a typical day, and while standing at a bus stop, a woman two paces away suddenly shouted that her purse had been snatched. She held the clothes of the man standing beside her. Before you knew it, the place had transformed. A crowd quickly gathered around, many of them young men who seemed to have magically sprouted from thin air. From ordinary guys going about their lives, they instantly transmuted into the judiciary and were ready to execute a self-designated mandate. They stripped the accused, kicked him, beat him, and demanded he return the purse.

Perhaps the most amazing transformation for me was a man who had stood beside me at the bus stop. While I was still puzzled at the events unfolding around me, this guy had found a huge stone and was yelling at the crowd to clear a path for him—he was going to smash the skull of the accused! Fortunately, the accused man managed to escape while those who had arrested him were still deciding on how to lynch him. I do not know if he was guilty of stealing the purse or not, but I am thankful that he did not die that day.

Every time I have told this story to friends, I have also wondered how and when that man transmuted from just another person at the bus stop to a potential killer. Was that even a real human man or a gnarled monster walking around at noonday like some mythological fables report? Imagine a man ready to commit murder, maybe just an hour after leaving his home in the morning. If he had managed to participate in killing that man, would he still have proceeded through the rest of his day like nothing had happened? Would he have gone back home to his family at night (if he had one) and continued life like he had not just killed a man?

Since the news emerged about how a vigilante group in Uromi, Edo State, lynched 16 hunters after tagging them kidnappers, I have returned to that incident to once again ask how men become the monsters who set up bonfires to burn their fellow humans. What (and when) is the moment of their transfiguration? It is when a situation like the Uromi incident occurs that we realise that there are many subhuman mongrels among us, some of them able to transfigure into monsters who can lynch a person in an instant. They lynched not one, not two, not three, not even four humans!

One must wonder about the kind of people who would keep throwing one person after the other into the fire (while some equally depraved people thought it was worth recording the pain and agony of the victims on their camera for later distribution). If there was no moment at which any internally controlling ethical code restrained them, then it is also probably not the first time they have lynched people. Those vigilantes must have played at being the law for so long that they started imagining themselves to be truly one. This unfortunate incident is one of the many fallouts of the state recession in the public sphere. When you have a country where security can no longer be guaranteed by the state, all sorts of maniacs will step in to fill the void.

This distressing incident has also thrown up the fault lines of ethnicity and religion between the northern and southern regions of the country. One only needs to read Nigerians from the two divided halves of the country as they bicker over the deaths to see how they are gauging their respective regional civilisation from the responses to the distressing event. It seems to me that northerners see the Uromi incident as an opportunity to take down the smug superiority of snobbish southerners who have typically imagined themselves to be socially superior. Now that the so-called civilised South has displayed a similar primitive behaviour that, if it had happened in the North, would have been filed as one more example of their cultural backwardness, they are practically celebrating their vindication along with mourning the demise of the victims.

For the southern commenters, the incident is not only distressing but also embarrassing as they must justify themselves before people who never apologise for the lynching that happened in their territory. And they are right because the Uromi incident is similar to that of Deborah Samuel, the Christian student who was lynched in 2023 by some religious fundamentalists who admitted their crime on video. Unlike this ongoing case, where the southerners are condemning the lynching and calling for justice, I do not remember the northerners doing the same. Many northerners, including their prominent clerics, justified the killing of Samuel. A presidential candidate who dared to condemn the murder had to withdraw his statement when they threatened his presidential ambition! The Edo State Governor, Monday Okpebholo, is running all over the place and promising the family of the victims compensation, something that is unlikely to happen if the situation were reversed.

The court freed Samuel’s killers, and that woman did not get justice. Nobody in the government dared to touch them because of politics. In the wake of the Uromi incident, some of them are still doubling down on their justification for lynching that woman. If they cannot see her humanity, then on what moral grounds do they stand to demand justice for the Uromi victims? Yet, not wanting to be outdone, they bring up the case of Adamawa woman Harira Jubril, the pregnant woman who was killed along with her children in Anambra State by some unidentified gunmen. It is bad enough that she, too, never got justice; it is also horrible that her story is cheaply weaponised by those who merely want to score political points against a rival group.

Still convinced they are the bigger victims, the southerners start to reel out the many cases of Fulani herdsmen attacks on villages, farmlands, and their communities. They list the deaths and the destruction caused by Fulani herdsmen who have been rampaging through communities in Nigeria, mostly unchecked. This self-justification by matching northern stories of injustice with southern stories of injustice eventually spirals into an endless loop of barbarism, bloodletting, and unleashed monstrosity.

In trading stories of injustice for injustice, these people also catalogue the injustice the nation has committed against our collective humanity. Notwithstanding their motivations, their exchanges are an indictment of a nation that cheaply discounts our lives, and—by failing to pursue the outstanding debts owed to our murdered compatriots—serially indicates that we are simply not worth the trouble of the pursuit of justice. In fact, one can say the reason the Federal Government swooped into action in the case of Uromi is the fear of reprisals by irate northerners, and not because they deemed the lives of those 16 hunters worthy enough to merit justice.

What is saddest about these fiery exchanges is that the compiled evidence is being misdirected and misused by people wanting to balance out tribal wrongs rather than indict the real culprit: Nigeria, a country that has failed to establish a standard of righteousness, of justice, of truth, of integrity, and the ascriptions of full value to our lives. Consequently, we have too many among us who have been driven over the edge, deeply traumatised by the harassments of our Nigerian lives, but have not yet found the mouth with which to tell the story. They think they are normal because they can still type coherent sentences on social media, but the truth is that they are bleeding internally from the wounds of our national existence.

 

 

The latest FIFA ranking has placed Nigeria as the 43rd-best team across the globe.

The World football governing body announced this on its X handle on Thursday.

The ranking places Nigeria one step upward as the Super Eagles rounded off 2024 in 44th.

Argentina remained top thanks to impressive wins

 

In second place is Spain and France is in third place.

England is fourth, while Brazil ranked fifth, completing the top five.

The Super Eagles’ latest improvement by one spot might not be unconnected to their latest form, beating Rwanda at home in their quest to qualify for the World Cup taking place in the U.S., Canada, and Mexico from June 11 to July 19, 2026.

More to follow…

[Punch]

My March 13, 2025 column titled, “Akpoti-Uduaghan’s suspension: The joke is on Akpabio, Senate,” elicited diverse comments. I would have been surprised if it didn’t. The roforofo between Senate President Godswill Akpabio and Senator Natasha Akpoti-Uduaghan is no longer just a case of “two fighting” but a national debacle that has exposed Nigeria to international ridicule. Two of the comments were particularly instructive.

First, a female colleague who obviously has sympathy for the Senate President, asked rhetorically: “How is the joke on Akpabio? What are the facts on ground to warrant your conclusion? If you believed that Akpabio would promise Natasha ‘quality time’ in his house in any part of Akwa Ibom State, then you could believe anything.”

The second comment came from a serving Senator, who, I am not at liberty to disclose his name but who I know is not a fan of Akpabio. Suffice it to say that he is one of the few federal lawmakers that I respect.

He wrote: “Ike, I know that Akpabio is on the crosshairs of everyone given the damning performance of the Tinubu government and the obvious missteps of the Senate President in handling this matter. However, she (Natasha) is not an innocent in this matter and has been manipulating public opinion. Some of us who are well aware of other issues not in the public domain regarding them (who were family friends and enjoyed fraternities) are understandably reluctant to engage in pillorying Akpabio. There is much more to all this.”

I agree that only Akpabio and Natasha, and not even their spouses, know the full story, but I have no doubt that Akpabio made sexual advances at Natasha and she has incontrovertible evidence against him, which explains why the Senate President has made every effort to forestall a transparent investigation as demanded by well-meaning Nigerians. The most effective way to shut Natasha up is to allow for an open investigation but that will be too much of a risk for Akpabio to take. Unfortunately for him, resorting to the rather puerile theatrics of kissing his wife publicly at the drop of a hat, good optics as the gesture may be, cannot be a proof of innocence.

While such public show of affection may, indeed, be an indication that Akpabio loves his wife, Unoma, to bits, it cannot be a proof that he didn’t make passes at Natasha. Moreover, nothing says that men who have affairs with other women, single or married, love their wives less and Nigerians are not interested in knowing how crazily in love he is with his delectable wife.

What those defending Akpabio seem not to realise is the fact that the issue at stake is not whether Akpabio made passes at Natasha, a woman of extravagant beauty. After all, as former Minister of Works, Senator Adeseye Ogunlewe, recently said, her beauty poses a problem for her in politics because men will find it difficult to ignore her presence. Perhaps, Akpabio is one of those men to whom, according to Senator Ogunlewe, Natasha’s beauty has become a problem; men to who “it is a natural thing to look at beautiful women” and who are not expected to close their eyes when a beautiful woman is passing.

So, there is nothing wrong if Akpabio appreciates Natasha’s stunning beauty even though it will be morally wrong if the appreciation goes beyond the bounds of decency, more so when the woman in question is the wife of his bosom friend. But it becomes a national scandal, in fact a crime, if the Senate President decides to demean and persecute her because his amorous advances were rebuffed which is exactly the allegation Natasha is making.

So, those who say that she is guilty of breaking Senate rules and deserves to be punished miss the point. Senator Natasha’s position is that her being called a club girl at plenary, relocation of her seat, though a prerogative of the Senate President, and removal as chairperson of the Local Content committee are all acts of victimisation which would not have happened if she acceded to Akpabio’s request to “make him happy.” And her open rebellion, which Akpabio now used to suspend her for six months and withdraw all her privileges as a senator, is her own way of protesting against the perceived injustice.

Whenever I reflect on the Akpabio-Natasha debacle, what comes to my mind is the allegory of the tortoise that willfully refused entreaties from concerned friends who desperately tried to dissuade him from a disaster prone journey. Asked when he would return, his “not until I am disgraced” retort was both instructive and foreboding. His friends, aghast, must have wondered what would spur him on such nihilistic mission.

Akpabio seems to have embarked on that tortoise-like journey from which he is unprepared to turn back until he is thoroughly disgraced. The sad thing is that he seems poised to throw mud not only at the Senate but the country in the process. Warriors, as the saying goes, pick their battles, a concept, which is a core principle in Sun Tzu’s “The Art of War,” which emphasizes the importance of knowing when to fight and when not to.

The former governor of Akwa Ibom State should have known that this battle with Natasha is needless. If he was a man given to choosing his battles wisely, he should have known that Senator Natasha Akpoti-Uduaghan is the wrong person to pick a fight with because she is a ruthless fighter herself. Unlike Akpabio who was propelled to the Senate by the criminal Nigerian system even when he didn’t contest the primaries, Natasha conversely battled the system to a standstill to be at the Senate. She fought and overwhelmed a vicious ruling party and brutal political actors in Kogi State who don’t take prisoners and came out triumphant.

The fact that she is representing her senatorial district of birth – Kogi Central – rather than Delta State where she is married, on the platform of the opposition Peoples Democratic Party, PDP, the first elected female senator in Kogi State, should have told Akpabio something about the woman. Her parting “this injustice will not be sustained,” shot before she was escorted out of the Senate chambers on the day she was suspended for six months should have told Akpabio that he was dealing with a determined woman.

The fact that unlike her male colleagues – Femi Okurounmu (1999), Joseph Waku (2000), Arthur Nzeribe (2002), Isah Mohammed (2004), Ali Ndume (2017), Ovie Omo-Agege (2018) and Abdul Ningi (2024) – who went home sulking after their suspension, Natasha was not only defiant but escalated the matter internationally by presenting her case at a UN forum, speaking at the Women in Parliament session during the recently concluded Inter-Parliamentary Union meeting at the United Nations in New York should have told Akpabio to tread carefully. Rather than being eclipsed, Natasha has become an international celebrity, granting interviews to the likes of BBC and Sky News, while her traducers have become international pariahs.

I dare say that Natasha will win this battle even in the very unlikely event that she is recalled from the Senate. From what happened on Tuesday when she went home, it was clear her constituents love her. She connects with them in a way that 99.9 per cent of Nigerian politicians can’t. That is a huge political capital, which not even Akpabio can boast of. He will be the ultimate loser.

The first law of holes is an adage which says: “If you find yourself in a hole, stop digging.” Simply put, it is a metaphor which warns that when in an untenable position, it is best to stop making the situation worse.

Right now, Akpabio is in an untenable position in his tango with Natasha. The wise thing to do is to pull back and deescalate. But blinded by hubris and a warped sense of invincibility, he is not. Instead, he continues to dig, plotting for her recall from the Senate.

In his 1961 book, The Theatre of the Absurd, Martin Julius Esslin, a Hungarian-born British journalist and professor of drama, lamented what he called absurdism – the inevitable devaluation of ideals, purity, and purpose. Esslin couldn’t have had the 10th Nigerian Senate in mind when he wrote his famed book 63 years ago. But nothing captures the state of affairs in the Akpabio-led red chamber of the National Assembly more profoundly than Esslin’s “theatre of the absurd.”

That the 10th Senate has become a theatre of the absurd is an understatement. What is worse, the situation is getting more bizarre by the day, a situation which the theatre critic further labelled “the absurdity of the absurd,” with impunity walking on all fours. Truth be told, Akpabio has done enough damage to the Nigerian brand. It is high time he and his minions stopped.