Business
Auto-Tech company Carviva has announced the achievement of $1m in fuel token transaction value over a two-year trial period on its Fuel Wallet platform. According to a statement from the firm on Monday, this reflected…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Eurozone inflation fell for the second month in a row in March to 2.2 per cent, as ECB rate-setters consider whether to…
Hackers stole more than $1.63 billion in cryptocurrency during the first quarter of 2025, with the Bybit exploit accounting for more than 92% of total losses, according to blockchain security firm PeckShield.PeckShield reported that over $87 million in crypto was…
The organisers of the Banking, Financial Services, and Insurance Security Summit 2025 have said that financial institutions in Africa have become prime targets of rising cybercrime on the continent. This was disclosed in a statement on Monday in the lead-up…
Generative images show us the risks of endowing the technology with magical powers Read the full article here
Binance has discontinued spot trading pairs with Tether’s USDt in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA).Cryptocurrency exchange Binance has delisted spot trading pairs with several non-MiCA-compliant tokens in the EEA in line…
The Nigeria Extractive Industries Transparency Initiative has pledged to strengthen transparency in the oil and gas sector and review the recent divestments by international oil companies. The agency said the comprehensive examination will look at every step of the divestments…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.China has kicked off large-scale military and coastguard exercises around Taiwan, the latest round in Beijing’s escalating campaign to assert its claims…
Bitcoin (BTC) faces a new “consolidation zone” as exchange inflows tag multiyear lows, new analysis says.In a post on X on April 1, Axel Adler Jr., a contributor to onchain analytics platform CryptoQuant, declared that Bitcoin sellers had “dried up.”Average…
Telecom subscribers are sending emails and direct messages to the Nigerian Communications Commission and the Federal Competition and Consumer Protection Commission, demanding an investigation into what they describe as unexplained data consumption. Operators insist that there is no mechanism for…
This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Stocks, especially tech stocks,…
OpenAI is set to launch an “open” version of its language model this year, allowing developers to run the model on their own hardware.In an update posted to X on March 31, OpenAI CEO Sam Altman said the artificial intelligence…
Green Africa has announced the temporary suspension of its flight operations due to an unexpected issue with its aircraft lessor. Despite efforts to manage the situation and prevent disruptions, the airline confirmed that flights would remain grounded until after the…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldDenmark’s foreign minister is set to meet the US secretary of state this week in the first in-person, high-level diplomatic…
A recent Fidelity Digital Assets report questioned whether Bitcoin price had already seen its cyclical “blow off top” or if BTC (BTC) is on the cusp of another “acceleration phase.” According to Fidelity analyst Zack Wainwright, Bitcoin’s acceleration phases are characterized…
The Central Bank of Nigeria has disclosed that Nigerians secured personal loans amounting to N470bn from banks in the last three months of 2024. The apex bank revealed this in its Fourth Quarter 2024 Economic Report released on Sunday. The…
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