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The European Parliament’s economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens (NFTs) and decentralized finance (DeFi) should be regulated.The recommendations were part of a report…
The Chief Executive Officer of HoganHost and ZuumHost, Joseph Hogan, in this interview with DANIEL AYANTOYE, speaks on the growing concerns around illegal websites and cybercrime, the role of hosting companies in safeguarding digital spaces, infrastructure limitations, foreign competition, and…
The Manufacturers Association of Nigeria has called on the Federal Government to ensure consistent crude supply to refineries and petrochemical plants and invest massively in gas supply infrastructure following the Dangote Petroleum Refinery deal with Honeywell UOP to expand petrochemical…
Oil producers in Nigeria have offered about 58.8 million barrels of crude oil to domestic refineries in the second quarter of 2026, exceeding the 55.1 million barrels allocated under the Domestic Crude Supply Obligation framework. The development signals a stronger…
The Managing Director/Chief Executive Officer of Guinness Nigeria Plc, Girish Sharma, has attributed the company’s strong start to 2026 to operational efficiency, localised decision-making, and expanded market reach, saying the measures have repositioned the business for sustained growth. Sharma, in…
The United States spent $578.78m on crude oil imports from Nigeria in the first quarter of 2026, down from $681.40m in the corresponding period of 2025, according to data from the U.S. Census Bureau and the Bureau of Economic Analysis.…
Binance co-founder Changpeng “CZ” Zhao said he was not very confident he would be pardoned by US President Donald Trump after serving a four-month prison sentence in 2024 for violating US anti-money-laundering laws.“You never know because we actually had very…
Electricity consumers in Lagos may need to brace themselves for a hike in electricity tariffs as the state government says there will be no subsidy in Lagos. As the state transitions to an autonomous electricity market, the Commissioner for Energy…
Seven major Bitcoin mining pools have joined the Stratum V2 working group to develop an industry-wide open standard protocol used by mining pool operators to communicate with individual miners in their pools.AntPool, Block Inc, F2Pool, Foundry, MARA Foundation, SpiderPool, and…
Phong Le, the CEO of Bitcoin treasury company Strategy, outlined conditions during an interview on Friday, under which the company would sell some of its Bitcoin holdings. The company will sell Bitcoin to pay the dividend on its Series A Perpetual…
Passing the Digital Asset Market Clarity Act of 2025, also known as CLARITY, will help to reshore the crypto industry in the United States, according to Bill Hughes, the senior counsel and director of global regulatory matters at Consensys, a…
Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA.But in that digital darkness, one vital financial service continued to…
1. Copy Fail: The Linux vulnerability affecting crypto infrastructure securityA recently uncovered security flaw in Linux is drawing concern from cybersecurity specialists, government agencies and the cryptocurrency sector. Codenamed “Copy Fail,” the vulnerability affects many popular Linux distributions released since…
Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in the same period a year earlier.Total revenue for the quarter came in at $34 million, with…
Mantle tokenholders backed a proposal authorizing a credit facility of up to 30,000 Ether (ETH), worth about $68 million, for Aave DAO, advancing remediation tied to bad debt from the April rsETH exploit.The proposal, MIP-34, passed in a seven-day Snapshot…
FCMB Group Plc has appointed the former Chief Executive Officer at Lafarge Africa Plc, Adepeju Adebajo, as an Independent Non-Executive Director on its board. The group disclosed the appointment in a statement posted on NGX and signed by its secretary,…
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