Sunday, December 7

Business

NCF, Ford Foundation intensify calls for climate action

The Nigerian Conservation Foundation, in partnership with the Ford Foundation, has called on the Federal Government to introduce policies mandating all supermarkets to channel proceeds from plastic bag charges to climate financing. The NCF Director-General, Dr Joseph Onoja, made the…

Iyayi proposes virtual towers to tackle manpower shortage

Former Managing Director of the Nigeria Airspace Management Authority, Rolland Iyayi, has suggested virtual control towers to bridge the shortage of manpower currently facing Air Traffic Controllers in Nigeria. According to Iyayi, the virtual tower is a new innovation that…

Bitcoin Buries The Tulip Myth After 17 Years: Balchunas

Bitcoin can no longer be compared to the “Tulip Bubble” due to its endurance and resilience over the years, according to Eric Balchunas, Bloomberg’s exchange-traded fund expert.“I personally would not compare Bitcoin to tulips, no matter how bad the sell-off,”…

FG’s electronic transfer levy revenue doubles to N360bn

The Federal Government received N360.29bn from electronic money transfer levies between January and October 2025, based on a Federal Inland Revenue Service document seen by The PUNCH on Friday. The amount was more than double the N170.92bn generated in the…

Bitcoin Liveliness Hits Peak As Bull Market Continues

A technical indicator called liveliness is rising, which historically signals bull run activity and could mean that this market cycle is not over yet, say analysts.“Liveliness continues to march higher this cycle despite lower prices, indicating a floor of demand…

Interest income surge lifts FCMB earnings to N828bn

A 64.7 per cent growth in interest income has driven the gross earnings of the FCMB Group to N828.1bn as of the end of the first nine months of 2025. According to its earnings release filed with the Nigerian Exchange…

Bitmine Buys 9M ETH as Smart Money Traders Short ETH

BitMine Immersion Technologies, the world’s largest corporate Ether holder, continues buying the dip, despite the industry’s most successful traders betting on Ethereum’s price fall.BitMine acquired $199 million worth of Ether (ETH) during the past two days, through a $68 million…

Bitcoin December Recovery ‘Macro Tailwinds,’ Fed Rate Cut: Coinbase

Bitcoin’s ‘Santa’ rally may be ignited by macroeconomic tailwinds, including the Federal Reserve’s incoming interest rate decision, but fearful investor sentiment may take another hit by any hawkish remarks from central bank officials. Improving liquidity conditions and rising odds of…

‘European SEC’ Proposal Licensing Concerns, Institutional Ambitions

The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the bloc’s licensing regime, despite signaling deeper institutional ambitions for its capital markets structure.On Thursday, the Commission…

Bitcoin Profitability Numbers Head to Early 2024 Levels

Bitcoin (BTC) has seen a “complete reset” of sell pressure after dropping below $90,000, says new research.Key points:Bitcoin long-term holders have reset their selling habits as BTC price action returns below $90,000.A derivative of the popular SOPR metric is now…

Alphaton Files 0.69m Registration as Tiny Ton Treasury Eyes AI Push

Small-cap publicly traded firm AlphaTON Capital has signaled ambitions to access a substantially larger fundraising capacity as it delves deeper into the artificial intelligence and Telegram ecosystem. The company has exited the SEC’s “baby-shelf” limitations and filed a $420.69 million shelf…

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