Miss Isioma Sybil Nwosu, a Biochemistry student, has emerged as the overall best-graduating student of Lagos State University (LASU) for the 2023/2024 academic session, with a Cumulative Grade Point Average (CGPA) of 4.93.

The announcement was made by the Vice Chancellor, Prof. Ibiyemi Olatunji-Bello, during a press briefing on Thursday, marking the beginning of activities for the 28th Convocation ceremony.

Prof. Olatunji-Bello expressed pride in LASU's role in producing market-ready graduates equipped to make significant contributions nationally and globally.

The Convocation ceremony will feature a series of events, including a staff sports competition, special Jumat and thanksgiving services, a coconut-breaking ceremony, and a lecture titled "Patriots, Citizenship, and National Ownership: The Imperative of Collective Responsibility for Nigeria's Future."

The lecture, scheduled for April 8, 2025, will be delivered by the Honourable Minister of Education, Dr. Maruf Olatunji Alausa, with Dr. Abdullahi Umar Ganduje, National Chairman of the All Progressives Congress, as chairman of the occasion.

A total of 971 diploma students, 8,711 first-degree students, and 2,235 postgraduate students will graduate during the ceremony.

The university will also confer honorary doctorate degrees on Brigadier General Buba Marwa (Rtd.) and Otunba Olufemi Olusegun Pedro, while elevating Prof. Joseph Abayomi Olagunju to the rank of Distinguished Professor.

Prof. Olatunji-Bello highlighted LASU's achievements under her administration, including full accreditation of 43 courses, collaborations with local and international institutions, and rankings as the best state university and leading university in Sub-Saharan Africa.

The 28th Convocation ceremony will conclude on April 10, 2025, with the award of Doctorate Degrees (PhD) and the conferment of distinguished professorships and honorary doctorate degrees.

I moved to Canada three years ago and encountered many surprises. One of the biggest was the high cost of pay television services and their billing models.

During my time as a journalist at TheNEWS Magazine, I consistently advocated for the implementation of a pay-per-view billing model. I frequently expressed my frustration with price increases by MultiChoice, the service to which I subscribe. I believed I had the right to watch only what I wanted, whenever I wanted. Choosing what to watch and when sounds like a good option until that option is actually available to you.

Living in Canada now, I’ve found it frustrating that I don’t have access to the wide variety of channels that MultiChoice provides without paying a hefty price. To watch major sports events like the Premier League, Serie A, La Liga, Bundesliga, Champions League, and significant boxing matches, you need to subscribe to three different providers: Fubo, DAZN, and TSN. However, even your subscriptions do not necessarily cover the biggest fights.

To clarify, after paying your monthly or yearly subscription for DAZN, you would need to pay an additional $79 (Canadian) to watch the Usyk vs. Fury fight. This bout is available exclusively on pay-per-view and is not included in your regular subscription. In Nigeria, I was able to watch many big fights live on DStv at no extra charge, but that option is not available in my current location.

Many people have to rely on alternative methods to watch major fights, and these options often come with costs that may be a little less steep, but steep all the same. When I moved to Canada, I started to realize that in Nigeria, I had access to live sports at a much lower fraction of the price I currently pay. Here’s why: I had two active MultiChoice subscriptions and believed I didn’t need a local subscription in Canada. I was informed when I arrived that the cost of watching soccer matches (as North Americans refer to football) could be financially overwhelming.

As a savvy Nigerian, I told my friends that I would avoid their expensive subscriptions by continuing to watch DStv. However, I soon realized that I couldn’t access DStv due to geolocation restrictions. You might suggest using a VPN, but I tried that, and it’s easier said than done. While chatting online is manageable, streaming satellite TV is a different story. I also experimented with IPTV, but I’m not a fan of the lag. There are times when a goal would have been scored or a red card shown before the live TV feed is restored. Additionally, I would to keep Livescore handy to stay updated on everything happening in the game. That was not the way I wanted to watch football.

I had no choice but to rely on match highlights, but I wasn’t satisfied because watching live football is what I grew up with. Did I mention how much it costs to subscribe to Fubo, DAZN, and TSN? Fubo is about $85 per month, DAZN costs $30, and TSN is $10. It’s not always better on the other side, as you can see. And before you start asking how much the minimum wage is here, the television service providers here do not ask how much.

Pay up or jog on. Simple.

Even with monthly or yearly subscriptions, there’s no guarantee that you’ll get access to major matches or fights. For instance, to watch the English FA Cup matches, you will need a monthly subscription with Rogers that costs $108. If you’re not a dedicated football fan, you might wonder why you should pay such a high price. That’s a valid question, but the same applies to those who enjoy movies or shows.
I realized that it’s more convenient to have everything in one place and at an affordable price. It’s important to note that the prices mentioned are not fixed. If inflation occurs, many businesses, including pay television service providers, tend to raise their prices.

I realized that my perspective was unrealistic while I was at home. Whenever fuel prices rose or the naira depreciated, leading other businesses to increase their prices, I found myself joining in the criticism of MultiChoice if they raised their prices. I don’t understand how I became so misinformed to believe that adverse economic conditions affecting the prices of groceries and food would not similarly impact pay television prices. I have participated in mocking and complaining about MultiChoice’s price increases, but I now see that they are an easy target.Many people living abroad often reach out to friends and family to ask how they plan to watch major fights because their subscriptions do not cover them. The tradition of watching games and fights in pubs and bars is not solely about wanting to socialize; it’s also financially motivated. Spending $50 to enjoy a match with others who share a passion for the sport can be a more economical choice than paying $79 to watch it alone at home with no additional perks.

In a bar or pub, you can buy a beer or two and enjoy some chicken wings for around $50 while watching the game. Although this adds an extra expense, many people are willing to pay for the experience. Comfort comes at a price. I once told a friend that traveling abroad for a visit is completely different from living abroad and having to manage the bills.

MultiChoice offers many channels for free; take CNN as an example. While it comes with most bouquets in Nigeria, it is not included here. Unless you’re okay with watching outdated news, old shows, and old movies, you won’t be able to watch CNN or Fox News on your regular bouquet.

Consider Amazon Prime. There are movies and shows available on Prime that require a separate subscription, even if you already have a Prime membership. The same applies to Disney+. To access Paramount, AMC, Apple TV+, Crave, Starz, and others, you need additional subscriptions.

When I was at home, I found pay television much easier to navigate compared to my current situation. Many Nigerians abroad would agree that MultiChoice provided us with the most convenient and relatively affordable options to access hundreds of channels in one place.

Looking back at what I paid then versus what I pay now, I appreciate the value of the services MultiChoice offers at their price point. I’ve gained a better understanding of this. Sometimes, when we have easy access to these things, we tend to take them for granted until we try something different. The idea that “it’s greener on the other side” is often misleading.

As for the content posted on social media, I choose not to comment; people are entitled to portray their lifestyles however they wish.

This is my opinion, but a poll among Nigerians living abroad would likely reveal that many share the same view about MultiChoice and its pricing. Where I am, I following, through traditional and social media, how Nigerians are yearning for pay-per-view, which they do not understand, and telling themselves that pay television services abroad cost the same as three bottles of beer back in Nigeria. It is not so. Ask around, as Mr. Macaroni would say.

Bisuga, a former correspondent of The NEWS Magazine, writes from St John’s, Newfoundland and Labrador, Canada

In a sector packed with assets that arrive on Monday and hit zero by Thursday, Bitcoin (CRYPTO: BTC) stands on its own as a cryptocurrency that's practically guaranteed to survive and possibly even thrive over the long term. That makes it the smartest coin to buy and hold, and the longer your investing timeline is, the better it looks.

Let's examine three reasons that's the case.

1. It's immune to inflation

One of the core pillars of Bitcoin's long-term investment thesis is that it's designed to maintain its purchasing power relative to fiat currencies. You've probably heard something along those lines before, but let's take a moment to really unpack it.

Fiat currencies are issued by governments. Governments tend to cumulatively issue more and more currency over time, which is normal, necessary, and expected. But that means fiat currencies have a tendency to lose their purchasing power in the long run as the amount of money in circulation rises.

Bitcoin (BTC) is under significant pressure following President Donald Trump's announcement of new trade tariffs, raising concerns among investors about a potential decline to $71,000. According to Charles Edwards, founder of Capriole Investments, the crypto is experiencing "very high risk" conditions due to these tariffs.

Governor Douye Diri is not a man who operates on impulse or seeks conflict for conflict’s sake. Instead, he demonstrates the rare quality of psychological resilience and strategic patience. A leader who knows the value of calmness and the devastating power of overreaction.

Wike’s tactic is simple: Instigate, provoke, and push until the target explodes. It’s a method he perfected in Rivers State, where his abrasive style often left opponents reeling, scrambling to respond to his bulldozing presence.

But Bayelsa is not Rivers. And Governor Diri is not a man easily rattled. He sees through the trap laid before him—a political snare meant to provoke an overreaction, triggering chaos and inviting federal intervention.

President Tinubu’s recent declaration of a state of emergency in Rivers State was a blunt and exploitative move, a calculated attempt to centralize control through what appeared to be a justified action. A classic strategy: provoke chaos, then swoop in under the guise of restoring order.

Governor Diri is too wise for that. He knows that any attempt to shut down rallies, to overreact, to play into Wike’s hands, would only give Abuja the excuse it needs to tighten its grip on Bayelsa. But Wike has made the fatal mistake of assuming that all governors are driven by ego and insecurity.

Governor Diri is not weak. He is shrewd. He is deliberate. And most importantly, he is prepared.

Wike’s Persistent Provocation: Desperation Disguised as Bravado

Wike, you are relentless, but not in a noble or courageous way. Your relentlessness is born out of a deep-rooted insecurity, a fear of irrelevance that haunts you even as you bark orders and declare dominance.

You have become so addicted to the sound of your own voice that you have convinced yourself it can carry over state lines, penetrating territories where your name is nothing but a passing shadow.

The truth is, your loudness is a cover for your psychological insecurity. You have convinced yourself that volume equates to authority, that noise is the same as power. But you are mistaken.

You have made a career of bullying your way through political landscapes, crushing dissent and ruling with an iron fist. You believe that intimidation is a form of leadership, and that conflict is the same as respect.

But Bayelsa is not Rivers. Your reputation here is more of a warning than an accolade. And Governor Diri is not Fubara.

You see, Governor Diri is not engaging with you on your terms because he understands the danger of trying to compete with madness. He understands that your provocations are symptoms of desperation, not strength.

Every time you roar about your rally, about your plans to disrupt Bayelsa’s peace, it only underscores how hollow your power truly is. You are driven by bravado, but behind that mask of confidence is a man flailing against the inevitable reality that Bayelsa rejects you.

Even Tinubu Can’t Save You Here, Wike

You have placed far too much faith in your connections to Abuja. You parade your alliance with President Tinubu like a badge of immunity, believing that your new federal title somehow elevates you above the authority of Governor Diri.

You think that your position grants you power over the states, that your proximity to the Presidency makes you untouchable. But here is a truth you cannot escape: Even if Tinubu comes with you, he cannot protect you.

Governor Diri is the Chief Security Officer of Bayelsa, and his authority over his state is enshrined in the constitution. No presidential influence, no ministerial title, no federal might can erase that.

Even if you arrive with a convoy of police officers and military personnel, Diri’s authority remains superior in Bayelsa. He holds the legal right to refuse access, to enforce order, to maintain peace. And if your presence threatens that peace, he retains the constitutional power to act accordingly.

It does not matter if you come with the entire security apparatus of Abuja. In Bayelsa, Diri’s authority supersedes yours.

You thought that your friendship with Tinubu would shield you from accountability, that it would allow you to walk into Bayelsa and impose your will. But the constitution is clear: Bayelsa is not under your control.

Diri’s Respect for Law and Order: A Stark Contrast to Wike’s Recklessness

Unlike you, Wike, Governor Diri understands the law and respects it. He is not trying to silence you. He is not trying to obstruct your fundamental rights.

Governor Diri has even acknowledged the proper protocol for such rallies— a respect for order and communication. He pointed out that the First Lady, Remi Tinubu, followed due process by informing the state government of her visit to Bayelsa.

Governor Diri’s approach is not about domination or control. It is about protecting the peace and integrity of Bayelsa. But of course, you see any regulation as an attack because you are driven by ego, not principle.

Wike, The Apparent Compromised Judiciary Won’t Save You This Time

You have become accustomed to hiding behind compromised courts, running to judges who twist the law to serve your interests. You have made a career out of manipulating legal systems to cover your own inadequacies.

But this is Bayelsa, not Rivers. And here, you are facing the court of the people.

Even if you manage to pull strings and secure a ruling in your favor, it will be meaningless. Because you are not dealing with legal loopholes and courtroom tricks—you are dealing with a unified population that rejects your arrogance.

The judiciary won’t save you, Wike. Not this time. Governor Diri has the support of his people and the legitimacy of his authority. No court ruling, no manipulated judgment, no backdoor deal will change that.

Conclusion: Diri’s Calmness Is Your Undoing

Governor Diri’s calmness is not a sign of weakness. It is a strategic advantage that you have failed to comprehend. While you flail about, trying to force conflict and chaos, Diri has anchored himself in composure and authority.

Your desperation is evident. Your need for relevance is exposed. You wanted chaos, but instead, you are the one trapped in a cycle of your own making.

Governor Diri has already won this battle. His calmness has turned your arrogance into a weakness. Bayelsa is not Rivers. And you are not the man you imagine yourself to be.

A Helicopter, A Masterstroke, And The Unraveling Of Corrupt Plots

What do you get when powerful men plot against a woman with courage, intelligence, and strategy? You get failure. You get panic. You get the kind of public disgrace that echoes far beyond their little enclaves of power.

Senator Natasha Akpoti-Uduaghan’s helicopter landing in Ihima was not just a tactical maneuver; it was a bold declaration that left Governor Ahmed Usman Ododo, former Governor Yahaya Bello, Senate President Godswill Akpabio, and their eager enforcer Hon. Amoka Eneji fumbling in confusion.

These men, accustomed to wielding power with impunity, found themselves outmaneuvered by the very person they sought to crush. They planned, plotted, and schemed from their positions of comfort, confident that their influence could intimidate Natasha into submission.

But their arrogance blinded them to the fact that true power lies not in titles or wealth but in the ability to inspire, persevere, and stand firm against oppression. What followed was not just a failure of their plans but a public unraveling of their incompetence and corruption.

The Roadblocks of Futility: A Display of Desperation

The entire roadblock operation was a comedy show staged by politicians too blinded by arrogance to recognize their own incompetence. Governor Ododo and his loyal pawn Hon. Amoka Eneji must have imagined themselves as grand strategists, orchestrating a flawless operation.

They mobilized police officers as if preparing for war. Roadblocks were erected with a sense of urgency that suggested something monumental was being defended. But the truth? They were only defending their fragile egos.

The roads leading to Ihima were flooded with officers who looked more confused than prepared. Their posture was stiff, their eyes scanning the horizon for a convoy that never came. They thought Natasha would be driven in like a regular politician, expected her to crawl through their traps like an insect caught in a web.

But Natasha Akpoti-Uduaghan soared above their traps like an eagle circling over petty creatures scurrying below.

How did these men react to being so easily outmaneuvered? With panic, confusion, and a desperate attempt to save face. The entire roadblock strategy was built on an assumption of control. But Natasha’s helicopter landing shattered that illusion.

Eneji’s Curfew: A Pathetic Attempt at Control

Hon. Amoka Eneji, desperate to prove his loyalty to his superiors, declared an “emergency curfew” with all the gravity of a child playing soldier. He imagined that by issuing such an order, he would come off as powerful, authoritative, a man to be feared.

Instead, his curfew became a joke. The people ignored it as though it were a whisper against the howling wind. They gathered in numbers that dwarfed the efforts of Eneji’s curfew declaration. They came out in support of Natasha, laughing in the face of a command they knew was built on fear, not authority.

Eneji’s attempt to wield power was the equivalent of throwing stones at the sky. His curfew did nothing but expose his desperation and insecurity. The only people who paid any attention to his curfew were those laughing at it.

Akpabio’s Imploding Concern: The Price of Desperation

If anyone felt the sting of Natasha’s brilliant maneuver, it was Godswill Akpabio. A man who has spent his political life wielding power like a sledgehammer, only to find that the same power now works against him.

Imagine Akpabio, seated comfortably in his office or residence, waiting for news of Natasha’s humiliation. Waiting for reports of roadblocks stopping her progress, of police officers turning her away, of her supporters cowering in defeat.

But instead, he receives a call informing him that Natasha has arrived safely. By helicopter.

That was the moment his arrogance transformed into deep unease. The moment he realized that Natasha had outsmarted him once again. His supposed fortress of power was nothing more than a crumbling illusion.

What does a man like Akpabio do when faced with failure? He blames everyone but himself.

Calls must have gone out to Bello and Ododo. Furious accusations, desperate demands for explanations. But deep down, Akpabio knew the truth: his power was failing. And Natasha’s success was a sign of things to come.

Bello’s Alliance of Failure: Desperation Meets Desperation

Yahaya Bello, a man already tarnished by ongoing EFCC cases, hoped to shield himself by aligning with Akpabio. He thought that Akpabio’s influence could provide cover from his own legal troubles.

But what does desperation mixed with incompetence produce? Failure.

Bello’s alliance with Akpabio was never about strength. It was about weakness. It was about clinging to power through whatever means necessary. But the moment Natasha’s helicopter appeared over Ihima, Bello’s partnership with Akpabio was exposed as nothing but a desperate attempt to hide from the inevitable.

Every alliance made out of fear is bound to collapse. Bello’s dependence on Akpabio is now a burden, a weight dragging him down as he struggles to maintain relevance.

Akpabio, Turn Yourself In Before It’s Too Late

Akpabio, your desperation is becoming impossible to hide. The facade you have worked so hard to maintain is crumbling before the world’s eyes. And now, with every passing day, your sins grow more public, more undeniable, and more damning.

For years, you have walked through the corridors of power with arrogance and entitlement, believing that your title of Senate President rendered you immune from consequence. You thrived on intimidation, manipulation, and coercion. But now, your methods have turned against you.

The truth is simple, Akpabio. Your political career is falling apart. Your allies are faltering. Your apparent misconducts are now common knowledge. You can feel the weight of your mistakes pressing down upon you, squeezing the air from your lungs, leaving you gasping for control.

Imagine the conversation you’ve likely rehearsed in your mind, the words you’ve been too proud and too afraid to utter:

“Sir, I cannot continue like this. The scandals are too much. The accusations are not going away. I tried to stop the Senate investigation, but now there is talk of murder plots. Natasha has humiliated me. My international reputation is ruined. I may even be stopped at foreign airports. Sir, maybe I should step down… at least temporarily.” As you speak these worlds to President Bola Tinubu, conceivably. Tinubu on his part, is running from all these rising, mounting and soaring issues or wahalas, and he is off to France to cool off and re-focus.

But you haven’t said those words, have you, Akpabio? Because the pride that once made you feel untouchable is the very thing destroying you.

Conclusion: A New Democratic Dawn for Nigeria

The failures of Akpabio, Bello, Ododo, and Eneji are not just personal defeats. They are symbols of a corrupt establishment crumbling under the weight of its own hypocrisy.

Natasha Akpoti-Uduaghan’s helicopter flight was not just a maneuver—it was a message. It was a declaration of defiance, a demonstration that true power comes from resilience, intelligence, and courage.

Nigeria deserves leaders who understand that the people are not enemies to be conquered but voices to be heard. Those who plot against the truth only succeed in destroying themselves.

Akpabio, Bello, Ododo, Eneji—you’ve been outsmarted. Your schemes are crumbling. And the people are watching.

Growing impatience over the fragile security situation in the Sahel region and collective anxiety to lift up and strengthen their Confederation of Sahel States (AES), some prefer the Alliance des États du Sahel (translates in English as the Alliance of Sahel States), the three Foreign Ministers of Burkina Faso, Mali and Niger embarked on a fresh trip to Moscow. Meetings, held in early April 2025, with Russian Foreign Minister Sergey Lavrov undoubtedly gave a strong boost to the AES relations, marking the latest new chapter in building sustainable security ties and economic cooperation.

Ahead of the meeting, the Russian Foreign Ministry said the Sahel foreign ministers prioritized perspectives on regulating their political crisis as well as focusing on economic spheres. According to Russia’s MFA, the three African countries’ foreign ministries indicated in a joint statement that the joint visit as the first session of “AES-Russia consultations” which aims at finding appropriate pathways in fighting jihadist insurgencies that has spread across the region south of the Sahara.

Burkina Faso, Mali and Niger currently run by military governments that have taken power in coups between 2021 an 2022, have formed an alliance known as the Confederation of Sahel States (AES). By creating their own bloc, it exposes Economic Community of West African States (ECOWAS) weaknesses and its long-term inability and incompetency to deal with regional problems, particularly rising security through mediation. The French grouping later kicked out French and other Western forces and conveniently turned towards Russia for military support. Their foreign ministers will visit Moscow on April 3 and 4 and hold meetings with Russian Foreign Minister Sergei Lavrov at his invitation, the statement said.

Basic research and review show that besides instability, these countries are engulfed with various socio-economic problems primarily due to the system of governance and poor policies toward sustainable development. And Russia’s renewed and full-fledged interest is primarily focused on uprooting French domination, and support the development goals of these French-speaking West African countries in the Sahel region.

For fear and concerns about the new rise of terrorism and for the sake of deeper cooperation and integration, the three Sahelian countries have turned to Russia, and as expected Russia has since offered tremendous assistance. As a follow up, the early April meetings in Moscow, several critical issues are on the agenda: military assistance to fight growing terrorism, and efforts to strengthen political dialogue and promote concrete partnerships relating to trade and the economy in the region.

The AES has multitude of obstacles, the main problems emerged after exiting out of ECOWAS, the regional organization consisting 16 West African states. Finance is another hurdle among others. Nevertheless, Russian Foreign Ministry explained in a statement posted on its website, that Russia’s military-technical cooperation with African countries is primarily directed at settling regional conflicts and preventing the spread of terrorist threats and fighting the growing terrorism in the continent.

Russia’s MFA has earlier assured: “we will continue supporting it with the supply of arms and hardware and personnel training, including peacekeepers, as it is very important to help put an end to this evil and other challenges and threats, including drug trafficking and other forms of organized crime.”

With regards to financing AES, the bloc on March 31st introduced 0.5% levy on imported goods to finance their newly formed three-state union, following their withdrawal from ECOWAS. The agreed levy took immediate effect and applies to all imported goods except humanitarian aid. It also implied that the move officially ended free trade with West Africa’s ECOWAS bloc, deepening the rift between the three and regional democracies like Nigeria and Ghana. Worth noting that ECOWAS sanctions imposed to force a return to civilian rule have had little impact, as the Sahel alliance continues to strengthen economic and security cooperation.

Burkina Faso, Mali and Niger are among many African countries bartering natural resources. There have been cases, where huge natural-resource projects were given away without cabinet discussions and parliament’s approval. Apparently, these agreements on resources extraction hardly deliver broad-based development dividends. Nevertheless, Burkina Faso, Mali and Niger have bilateral agreements with Russia. The three have offered complete access to exploiting their natural resources in exchange for military equipment and weaponry as well as military training. Burkina Faso signed a Memorandum of Understanding on nuclear energy with the State Atomic Energy Corporation (Rosatom) during the Russia-Africa summit held in St. Petersburg in July 2023. Russian President Vladimir Putin mentioned security issue and economic cooperation during his opening and closing speeches at the summit and even previously, indicating its importance on Russia’s agenda with Africa. In fact, there were five key summit documents and one of them focuses on ‘Strengthening Cooperation to Combat Terrorism’ which neatly relates to this article theme here under discussion.

Although Burkina Faso, Mali and Niger have abundant human and natural resources, offering tremendous potential for rapid growth, there are existing deep-rooted challenges – environmental, political and security – that may affect the prosperity and peace of the region. Therefore, external support is badly required and which is why Burkina Faso, Mali and Niger have to look up to Russia as their economic and security saviour, particularly this changing geopolitical situation in the world.

According to various narratives, Russia has embarked on fighting “neo-colonialism” which it considers as a stumbling stone on its way to regain a part of its Soviet-era influence in Africa. Russia has sought to convince Africans over the past years of the likely dangers of neocolonial tendencies perpetrated by the former colonial countries and the scramble for resources on the continent. In pursuit of its geopolitical interest, Russia has ultimately begun making inroads into the Sahel region, an elongated landlocked territory located between North Africa (Maghreb) and West Africa, and also stretches from the Atlantic Ocean to the Red Sea.

With human and natural resources, Burkina Faso, Mali and Niger China are undertaking giant economic and social transformation. Quite essentially, Burkina Faso, Mali and Niger, within the geopolitical reconfiguration in West Africa, are desirous to ensure their political sovereignty, engage in development which Russia has expressed interest to support.

Certainly, the three have pledged to work together to find common solutions, and are oriented towards multipolarity. In this way, they could consolidate its integration to become a center of influence, diversify the economy to become prosperous in the region. Burkina Faso, Mali and Niger are expected to continue to advance their collective interests for the purposes of their development, prosperity and stability.

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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]