The Nigeria Labour Congress and the Trade Union Congress said they will restart negotiations with the Federal Government over a new national minimum wage, warning that workers can no longer cope with rising living costs as inflation continues to erode…

A bipartisan group of US senators led by Republican Senator Cynthia Lummis has urged the Treasury to ensure that state authorities are given the ability to regulate stablecoin issuers as the department considers how to implement the GENIUS Act.In a…

Nigeria’s telecommunications and digital services company, Globacom, has launched a new data initiative aimed at heavy internet users, introducing enhanced bundles under its “More Data More Value” offer. The company said the new packages are designed to deliver higher data…

How Bitcoin perps are entering regulated US marketsFor years, Bitcoin perpetual futures have ranked among the most important products in crypto trading. They account for a large share of global crypto derivatives activity and are widely used by traders seeking…

The Airtel Africa Foundation, through Airtel Nigeria, has disbursed a total of N50m in first-year funding to 100 Nigerian students under its Airtel Africa Tech Fellowship Programme, strengthening its push to expand digital skills and education access in the country.…

Blockchain payments company Ripple has acquired an equity stake in African fintech giant Flutterwave, deepening its push into one of the world’s fastest-growing cross-border payments markets.Flutterwave CEO Olugbenga Agboola said the undisclosed investment values the company at $3.3 billion, according…

Marketers of petroleum products say petrol prices may drop to about N1,200 per litre as the Dangote Petroleum Refinery leads efforts to reduce ex-depot rates. As crude prices continue to fall following a peace deal signed between the United States…

Since June 3, more than 720 million XRP (XRP) tokens have left crypto exchanges, and Upbit’s share of XRP wallet flows has climbed to its highest level since May 2024. The shift comes as XRP rebounded to $1.30 on Monday, with…

The World Bank has projected continued volatility in global natural gas prices, warning that geopolitical tensions, supply disruptions and structural demand shifts will keep energy markets unstable in the near term. The forecast was outlined in an analysis based on…

Key takeaways:Bitcoin derivatives show weak conviction with 2% futures basis and elevated put options premium signaling caution.Institutional buying via $86 million ETF inflows plus Strategy’s (MSTR US) ongoing accumulation counters market fear.Bitcoin (BTC) jumped above $67,000 after US President Donald…

Defend American Jobs, the cryptocurrency company-backed political action committee (PAC) affiliated with Fairshake, reported spending millions of dollars to support a Republican candidate’s run for a US Senate seat in the party’s Tuesday primary runoff in Alabama.As of Tuesday, filings…

The market for tokenized real-world assets (RWAs) continues to expand despite broader weakness in crypto markets, with the value of onchain financial assets climbing sharply over the past six months as traditional financial products migrate onto blockchain rails.According to Token…

Bitcoin’s (BTC) risk-adjusted return profile is approaching levels historically aligned with long-term accumulation zones. The Sharpe ratio, a metric that measures return relative to volatility, dropped to -20, a threshold that marked major Bitcoin bottoms in every bear market since…

Coinbase is allowing users to transfer existing stock portfolios onto its platform, marking another step in the company’s push beyond cryptocurrency trading and toward becoming a full-service financial platform.On Tuesday, Coinbase unveiled expanded stock and exchange-traded fund (ETF) trading through…

Enugu State is counting on its new airline and the concession of the Akanu Ibiam International Airport, enugu, to support its plan of growing the state’s economy from $4.4 billion to $30 billion by 2031, the Secretary to the State…