Analysis
24-hour crypto market snapshot, Cryptocurrency prices still soaring
On this Wednesday morning, this is what you need to know from the world of bitcoin and crypto.
24-hour crypto market snapshot
Bitcoin (+0.5%) $49,146
Ethereum (-0.5%) $4,016
Cardano (+8%) $1.36
Luna (+15%) $96.42
Cryptocurrency prices are still soaring this morning, giving traders some Christmas cheer.
The bitcoin price is nudging $50,000 but has so far failed to break the psychological barrier. If it does so convincingly, bulls will be feeling in control heading into the long holiday weekend but a swing and a miss could knock confidence in a time of historically low trading volumes, meaning potentially big swings.
Ethereum is looking slightly healthier, with its price back above $4,000, though barely.
Cardano, one of ethereum’s biggest rivals, has rocketed almost 10% over the last 24 hours after founder Charles Hoskinson tweeted that he thinks an upgrade scheduled for next month is “pretty remarkable.” Cardano surged and then crashed back around its last big September upgrade.
Terra’s luna, designed to power a price-stable global payments systems with fiat-pegged stablecoins, has continued to soar, adding a further 15% over the last 24 hours and taking its weekly gains to around 65% as it continues to make its way up the ranks.
Just outside the crypto top ten, as measured by CoinMarketCap, “dogecoin killer” shiba inu is climbing and could once more overtake dogecoin to become the dominant memecoin.
Arsenal shown red card
Arsenal is the first club soccer club whose fan token marketing has been found to break advertising rules
Sent off: The U.K.’s advertising regulator has rebuked Arsenal, one of the country’s biggest soccer clubs, for its promotion of crypto-based “fan tokens” after finding a web page and a Facebook post broke advertising rules. The Advertising Standards Authority (ASA) said it had investigated two Arsenal advertisements that ran online in August and determined that they were “irresponsible” and in breach of U.K. marketing rules.
First foul: The first ruling focused on content on Arsenal’s official website—specifically a page posted on August 6 2021 with the title “$AFC Fan Token: Everything you need to know.” The watchdog found the post and website text were “irresponsible” because they took advantage of consumers’ inexperience or credulity and trivialized crypto investment and “misleading” because they failed to illustrate the risk of the investment.
Second foul: A Facebook post on the club’s official page, made on August 12 2021, which read: “$AFC is now live” and asked fans: “What song do you want to hear when we win? Download the Socios app to get your token and vote.” In the future the soccer club must make it clear that fan tokens are digital assets and “that the value of investments in crypto-assets was variable and crypto-assets were unregulated”, the ASA ruled. Arsenal told the Financial Times that it planned on seeking an independent review of the regulator’s rulings, “to seek greater clarity on the ASA’s current position”.
Fan tokens? Cryptocurrencies that give token holders the ability to vote or otherwise influence the running of a sports club have fast through soccer clubs in Europe and around the world this year, most based on the chiliz blockchain. So far, across the five major European leagues, 24 clubs have launched or are considering launching fan tokens, including eight Premier League sides. Still more are looking to sell digital collectibles in the form of NFTs (non-fungible tokens). In September, Sorare, a French company that sells football trading cards in the form of NFTs, raised $680 million in funding.
Crackdown: Just last week, the ASA warned over “widespread” problems with misleading and irresponsible ads, issuing rulings against several major crypto companies, including Coinbase and eToro.
El Salvador’s magic number
El Salvador, after going all-in on bitcoin earlier this year, has bought another 21 bitcoins to mark the 21st day of the last month of the 21st year of the 21st century, taking its stash to 1,141 bitcoins.
El Salvador’s president Nayib Bukele said via Twitter alongside a screenshot of the transactions, adding the country’s land area is 21,000 square kilometers.
The reason for the fixation on the number 21 is that there will only ever be just over 21 million bitcoins created, with the final few not “mined” until well into the next century.
Analysis
Of Canadian Court and Terrorist Branding of APC, PDP

The branding of the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) as terrorist organisations has been followed by a repudiation of the Canadian court by officials of both parties. In doing so, they ignored the fact that action begets reaction.
This is a truth that has been tested and upheld over the centuries. Like they say, there cannot be smoke without fire. But one truth is eternal here –the fact that the world has become a village where everyone knows, and observes, what the other is doing.
Both APC and PDP may deny the facts as upheld by the Canadian court, but public perception, within Nigeria, tend to show that both parties have, in their expression of political power, progressively abused democratic rights, and infringed on the people’s right to violence-free elections as well as destroyed the people’s right to freedom to enjoy the proceeds of their willfully cast votes.
These acts may add up to what defines terrorism in the mind of the Canadian court, and under the Immigration and Refugee Protection Act (IRPA). After all, the simple definition of terrorism is “the use of violence and intimidation especially for political purposes to instill fear and coerce governments or populations.”
It is further described as “a calculated method aimed at achieving specific political social or ideological goals by creating a climate of fear.”
These understandings indicate that terrorism can be perpetrated by individuals groups or even state institutions.
The Canadian court may not have explicitly disclosed specific actions of APC and PDP governments that qualify them to be so branded, however, observed iinvolvement of their governments, and supporters, between 1999 and 2025, in the “subversion of democracy, political violence and electoral bloodshed” bring them within the context of the above definitions.
The Canadian court cannot, therefore, be wrong if, for instance, one takes into context the expressions of APC supporters in Lagos during the 2023 governorship elections.
For instance, video recordings of MC Oluomo threatening Igbo people resident in Lagos with death if they stepped out to legitimately exercise their democratic rights in the governorship election, is still available on the internet.
It is also viewed by millions of people around the world including officials of the Canadian government.
This is just one of such cases. There are numerous others that qualify for assessment as terrorist actions for which no evidence exists of their repudiation by APC.
Canada’s IRPA sections 34(1)(b.1) and 34(1)(f), bar individuals affiliated with organizations engaged in terrorism or subversion of democratic processes.
The court, presided over by Justice Phuong Ngo, upheld the Immigration Appeal Division’s (IAD) findings that both the APC and PDP were implicated in “political violence, subversion of democracy, and electoral bloodshed.”
The ruling cited instances of ballot stuffing, voter intimidation, and killings during the 2003 state elections and 2004 local government polls, under the PDP’s tenure.
That is now extended to the APC based on similar patterns of electoral misconduct.
That provides logical grounds to conclude at mere membership in either PDP or APC, regardless of personal involvement in violent acts, was sufficient grounds to trigger the labeling.
What this indicates is that the eyes of the world are upon Nigeria, and its political leaders no longer need to go on behaving like Nigeria is an island ostracized from the world, existing on its own and for itself only as their actions, may trigger reactions, like the instant one from the Canadian court, which could be expressed under national security interest and the protection of democracy.
The Canadian court’s decision hints us that Nigeria’s elections, even as seen in last weekend’s bye-elections, constitute a breach of democratic processes under Canada’s legal standards.
It is for Nigerians to understand that actions such as electoral violence, voter suppression, and manipulation of the electoral process are translated as subversion and meet the threshold for terrorism under Canada’s IRPA.
This contrasts with Nigeria’s local context, where electoral violence, voter suppression and intimidation as well as other electoral infractions, though criminal, are often normalized as part of a ruling party’s prerogative, and show of popularity.
APC and PDP collectively control the presidency, governorships, and majorities in the National Assembly and state legislatures since 1999.
The terrorist label on them, even if limited to Canada’s immigration law, risks undermining their legitimacy. This is made worse by the fact that Nigeria’s politics is already plagued by public distrust with citizens viewing politicians as corrupt, lawless and self-serving.
For the APC, which has been Nigeria’s ruling party since 2015, the designation could embolden opposition narratives that portray it as a terrorist-enabling regime linked to violence and authoritarian dictates.
The PDP, as the main opposition, faces similar challenges, as the ruling reinforces perceptions of its past governance from 1999 to 2015, which was also marred by electoral rascalism and manipulation.
The implication is that this could erode public confidence in both parties, and potentially drive voters away from them and to new platforms like the African Democracy Congress (ADC) or strengthen the call for independent candidates in future elections.
The ruling also has the capacity to deter politically active Nigerians, particularly youths, from joining or remaining affiliated with either APC or PDP.
Guess this is why both parties have rushed to dismiss the ruling through press statements without any further action to have it set aside or make commitments about concrete steps that they would take to prove that the Canadian court was wrong.
Young Nigerians, who may be out in search of asylum in Canada, may be discouraged from identifying with the APC or PDP, or even to talk about their previous engagements with the parties with Canadian authorities as that may trigger fear of habouring dangerous persons with a history of association with a terrorist group thus jeopardizing their future prospects.
This may also extend to foreign jurisdictions who may have such legal understandings that could make them to uphold the judgement of Canada’s courts.
This is part of the danger ahead, which could also negatively affect Diasporan Nigerians who identify with both parties causing them to suffer such things as visa denials, asylum rejections, or travel bans.
There is also the possibility that countries, which have legal understandings with Canada, may also adopt the ruling into their own legal jurisdictions.
If this happens, APC and PDP leaders, or members, could be effectively isolated from global opportunities and labeled terrorists and denied certain services like visa and other consular needs.
Besides, the ruling also implies critique of Nigeria’s democracy as fundamentally flawed.
This could encourage international organizations and foreign governments to impose sanctions, monitor elections more closely, or withhold development aid tied to democratic governance.
If such are adopted, they could further destabilize Nigeria’s political environment, and make it more difficult for the APC and PDP to project stability and legitimacy
Canada could also be seen as precipitating a diplomatic row with Nigeria with the ruling, which has the tendency to prompt retaliatory measures or diplomatic tensions while also discouraging diaspora Nigerians from openly affiliating with both parties.
This may negatively affect financial contributions and advocacy for both parties from the Nigerian diaspora.
This is particularly critical for APC, which had leveraged diaspora support to bolster its international image as a reformist party.
The PDP, which seeks to regain power, may also struggle to mobilize diaspora support because its members who fear immigration repercussions may go underground and withdraw support for it.
This, therefore, indicates that both parties may have to work together to appeal against the decision and show cause why they need not be branded as terrorist groups. They must not just verbally dismiss the ruling.
(The Sun).
Analysis
Anambra Human Rights Violations: The NYSC And State Governors of Jennifer Edema Elohor And Her Fellow Corps Members

By Frank Tietie
A disturbing incident occurred recently in Oba, Idemili South Local Government Area of Anambra State, where operatives of the Agunechemba Vigilante Group, also known as Operation Udo Ga-Achi, assaulted a female National Youth Service Corps (NYSC) member named Jennifer Edema Elohor and her colleagues.
A viral video, shared by the Haven 360 Foundation on August 18, 2025, showed armed vigilantes storming a corps members’ lodge, accusing them of being internet fraudsters (“yahoo people”) despite the victims presenting valid NYSC identification cards and uniforms.
In the footage, Jennifer Edema Elohor was beaten, stripped naked, and left covered in blood, subjected to humiliating and sexually degrading threats.
The Anambra State Government condemned the assault as “unacceptable” and confirmed that the operatives involved were arrested and detained pending investigation. The Anambra State Police Command is also investigating the case.
However, the incident has not sparked the expected public outrage, including calls for justice and compensation for the victims, as seen in the recent case of Comfort Emmanson, the unfortunate assault victim at the hands of Ibom Air attendants.
Perhaps since Haven 360 was discreet in sharing the video of the naked girls without revealing cleavages, there are yet to be announcements of compensation from good Nigerian males to the young women who were brutally beaten and sexually humiliated by a band of non-state actors who have had the tacit support and endorsement of the Anambra State Government.
However, more importantly, recently, the amiable Governor of Edo State, Senator Monday Okpebholo, set a new trend by taking responsibility for the actions of Vigilante Group members who killed 16 travellers from Northern Nigeria, particularly Kano State, as they were passing through Uromi in Edo State on a supposed hunting trip.
As tempers flared across Northern Nigeria over the Uromi killings, the smart Edo Governor chose the responsible course of action by visiting the people of Kano State, not only to apologise and seek forgiveness on behalf of the Edo people but also to offer significant compensatory payments to the victims’ families. That was a masterstroke in responsible governance.
In Anambra, where young female graduates deployed to the state on a mandatory national youth service were targeted and attacked by a barbaric group of untrained and uneducated village men operating as a state-sanctioned security outfit because the state government could not guarantee security for the people, Nigerians, the NYSC, and the Federal Government must demand accountability from Governor Charles Soludo, the Governor of Anambra State.
Communities across Nigeria have long taken pride in accepting and caring for NYSC members serving the children and women of their communities as medical doctors, school teachers, agricultural extension service providers, etc.
A group of uneducated village men, armed with unrestrained power and intoxicated by illegal local authority, would easily stereotype these upscale NYSC girls serving in their communities as “yahoo yahoo people” because of their relatively urbane lifestyles compared to those of the villagers.
This must be a massive embarrassment to the people of Anambra and a call to review the NYSC Act to ensure the security of Corps members and to blacklist hostile communities and, by extension, some states and their people.
Returning to responsible governance, Governor Soludo must apologise to the NYSC and the Federal Government on behalf of the Anambra people.
Even if the girls were culpable for a reason, the way they were sexually and physically abused is unacceptable by minimum legal standards.
The administration of Governor Sheriff Oborevwori of Delta State, as part of its duty to protect the well-being of Delta State residents like Jennifer Edema Elohor, must demand accountability on her behalf.
It should also ensure that the investigation reaches a proper conclusion, that the offenders are punished, and that suitable compensation is provided to the victims. The same procedures should be followed for other female corps members who were victims of the brutal assault.
The attorneys general of the states from which the corps members originate and the National Human Rights Commission must offer the necessary legal advice and support to enable the corps members to receive adequate compensation if their rights have indeed been violated by the so-called vigilance group of Anambra State.
In our pursuit to enhance Nigeria’s living standards, we must emphasise individual rights and well-being as the foundation of governance and development.
Frank Tietie, Esq.
Development Lawyer and Media Personality,
Writes from Abuja

The pre-event news has gone viral. The banners are up. The people are waiting. On Saturday the 23rd of August, 2025, the Arise Town Square Meeting storms Nsit Ubium Local Government Council Grounds in Ikot Edibon.
It is the culmination of the epochal town square meetings and empowerment series convened by Governor Umo Bassey Eno across the ten Federal Constituencies in Akwa Ibom State.
The marathon of accountability and people-powered dialogue, which commenced in Abak-Etim Ekpo-Ika Federal Constituency in March 2025, berths in Etinan-Nsit Ibom-Nsit Ubium Federal Constituency, the home turf of His Excellency, the Governor.
It has been hectic and tedious, but do not expect a governor limping to the grand finale, weary and spent. Believe me, he will arrive bristling with confidence, joy, and high watts of energy, armed with a scorecard of promises kept, and ready for the people’s verdict.
This is not a jamboree; it is a day of accountability and massive empowerment for the people of the three Local Government Areas.
It will also be a moment of reckoning. The microphone, as it has been in other federal constituencies, belongs to the governed. Methinks the ARISE Town Square Meetings have proven that governance is a conversation, not a monologue. And on Saturday, thousands will throng the expansive Nsit Ubium Local Government Council Grounds for this all-important meeting.
Time for the meeting is 1:00 PM. See you there!
*(Ofonime Honesty hails from Ikot Udobia Community in Etinan LGA)*
Analysis
Open Letter to Rev. Father Ebube Mounso

By Ifeanyi Chijioke
Dear Rev,
Firstly, I want to loudly and emphatically relay the message: Mimiy Ifeoma Azikiwe won the election. You personally threatened voters with death.
The threat to not vote for APGA etcetera in Onitsha North Constituency 1 because of the ADC candidate came from your pulpit, and usually, our people fearfully listen and obey commands from the pulpit. But this time, they disobeyed and chose a kindhearted woman over you.
Rev., somebody might not have shared this blunt truth with you, so now listen up: the more you engage in this kind of vindictive politics, the more you lose relevance. The more you issue threats of death and the people don’t die, the more you abuse your pulpit and expose yourself.
Mimiy Ifeoma Azikiwe won, and the people didn’t vote ADC. Today, I am still waiting for the count of those who died because they didn’t vote ADC. Rev. The earlier you realize that your battle is spiritual and not physical, the better for you.
There is a religious revolution that swept across the Southeastern part of Nigeria; gone are the days religious leaders sheepishly control the people. Stop living in your imagination; politics is not religion.
Rev., you built schools with the money of the poor and rich who attend your church, but you made the schools outrageously expensive for the poor and average, yet the people who fight to build alternative schools where the poor and average can attend are being fought by you.
I am not saying you shouldn’t have your opinion or belong to a political party or cabal of your choice, but learn to be godly and be principled.
Stop threatening the people who disagree with you with ineffective spirituality or religion. Stop the dance of disgrace and shame. Stop the grandstanding and be principled for once.
Finally, let me bring to your notice that people online have been insulting you and making a mockery of you. They are saying that a woman floored you. They are saying that Mimiy Ifeoma Azikiwe is a class your money and threats couldn’t shake.
They said nobody takes you seriously anymore because you have disgraced yourself and rolled yourself on the muddy ground of church politics.
Your close associates might be fearful to tell you that you are destroying everything left of you, but it’s alright; you can accept it with a pinch of salt from me. You are truly destroying everything left of you.
Today is still early. You can make amends and reach out to those you offended or are warring with. Make peace with everyone and diplomatically go about the business of politics.
As a Rev. Father, you have the right to vote and be voted for. You have the right of association—to belong to any political party. But you don’t have the right to threaten the electorate under the guise of religion.
The people will continue to vote based on their convictions and scorecards of candidates, and not based on your pulpit threats and religious leanings.
Thanks.

(DDM) – Human rights lawyer and activist, Dele Farotimi, has accused Nigeria’s political elite of normalizing poverty while retirees and ordinary citizens suffer decades of neglect.
Diaspora Digital Media (DDM) gathered that Farotimi made the remarks during a discussion monitored on Channels TV on Monday, August 18, 2025, where he highlighted the plight of pensioners in Ekiti State as an example of systemic injustice.
He lamented that many retirees in the state have not received their pensions or gratuities for more than 15 years, despite dedicating their lives to public service.
Farotimi further revealed that some pensioners have been left waiting over 30 months without a single payment from the government.
According to him, this is not merely an administrative lapse but a deliberate cruelty that strips vulnerable citizens of dignity at their most critical stage of life.
The activist argued that Nigeria’s political class thrives on exploiting the masses while shielding itself from the consequences of bad governance.
He described the process as “plucking the feathers of the people without anesthesia” to build wealth, comfort, and privilege for a few at the expense of the majority.
Farotimi warned that the entrenched system of exploitation has made suffering a normal part of Nigerian life, tolerated because those who create it are insulated from its effects.
He stressed that until the pain of poverty, corruption, and neglect reaches the same elite who govern, reforms will remain elusive.
“The ruiners of Nigeria have done a fantastic job of feathering their own nest by plucking the feathers of Nigerian victims,” he said.
He added that ordinary Nigerians endure raw, unrelenting suffering while politicians recycle themselves in power with access to wealth, healthcare, and privileges that ordinary citizens cannot dream of.
In his words, the nation has reached a dangerous point where injustice is sustained by silence, because the rich are immune to the suffering that cripples the poor.
Farotimi cautioned that the future is bleak if young people fail to recognize the cycle of neglect they will inherit.
He reminded Nigerians that today’s students and workers are tomorrow’s retirees, and without reform, they too will be abandoned.
The activist emphasized that justice and progress can only begin when the pain of the governed is shared by those who govern.
Analysts note that the plight of Ekiti retirees mirrors wider pension struggles across Nigeria, where delayed payments and systemic corruption have left elderly citizens impoverished.
Civil society groups have repeatedly called on state governments to prioritize pension payments, describing it as a constitutional responsibility that cannot be postponed.
Nigeria has one of the highest rates of unpaid pension arrears in Africa, with billions of naira owed to retired workers across multiple states.
For many, the Ekiti example is a tragic symbol of governance failure and a warning sign of a future where neglect continues to define leadership.
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