FirstHoldCo Plc, the parent entity of Nigeria’s oldest commercial lender (First Bank), is seeking to double the regulatory capital ceiling for international banks, signalling a new phase of aggressive expansion and balance-sheet fortification. In a notice for its 14th Annual…

Bitcoin (BTC) traders expect a short-term correction as a key BTC price strength metric rises to its highest levels in almost fifteen weeks.Key takeaways:Bitcoin’s “overbought” RSI historically precedes significant corrections.Bitcoin could see a short-term price drop if the price breaks…

A Federal High Court in Port Harcourt, Rivers State, has dismissed an application by China National Petroleum Corporation seeking to set aside a $100 million judgement awarded to Cutra International Limited over the disputed ownership of Oil Prospecting Licence (OPL)…

Decentralized finance protocols are reevaluating their blockchain oracle providers’ security after the fallout from the $293 million Kelp DAO exploit last month. Several protocols have announced migrations to Chainlink infrastructure in recent days, citing security concerns around third-party oracle and…

Nigeria’s banking sector is reaping the benefits of a high-interest-rate environment, posting its biggest growth in interest income and gross earnings, despite loan provisions that impacted earnings in 2025. According to the 2025 audited financial statements for Zenith Bank, First…

Estimated losses from global crypto wrench attacks reached $101 million in the first four months of 2026, with most attacks occurring in Europe, according to Web3 security company CertiK.With just 34 documented crypto wrench attacks, the losses have nearly doubled…

There is a quiet but important shift underway in Nigeria’s banking sector, and shareholders are beginning to feel it through their dividend payouts. Several banks declared healthy profits for the financial year ended December 2025. A few proposed dividends were…

European Central Bank (ECB) President Christine Lagarde said stablecoins are not Europe’s best route to strengthening the euro’s international role, pushing back against calls to respond to US dollar-backed stablecoins with euro-denominated tokens.Speaking on Friday at the Banco de España…

Ether’s (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data points suggest ETH/USD may drop below $2,000.Key takeaways:Low network activity signals declining usage and reduced onchain demand for ETH.Coinbase Premium…

Rano Air has announced the temporary suspension of some of its flight routes, citing the sharp rise in aviation fuel prices and worsening operational costs in Nigeria’s aviation sector. In a statement issued on Friday, the airline said the more…

Bitcoin (BTC) revisited $80,000 on Friday after US-Iran war nerves sparked 3% daily losses.Key points:Bitcoin bullish momentum slowly returns after a shakeout amid familiar geopolitical tensions.Traders flag support levels in the mid- to high-$70,000 zone as important for bulls to…

A former Vice President, Atiku Abubakar, on Friday called for the immediate suspension and public scrutiny of the “Technical Equity Partnership” recently announced by the Nigerian National Petroleum Company Limited involving two Chinese firms, Sanjiang Chemical Company Limited and Xingcheng…

US prosecutors said they have secured eight sentences in the last five months against people acting as US-based proxies for North Korea-based IT workers, shedding new light on how they have been able to infiltrate US companies. Two men have been…

Airtel Africa posted a 147.4 per cent jump in net profit last year, compared to 2024, boosted by a notable improvement in turnover, the telecommunications giant reported on Friday. The revenue of the wireless operator, which in addition to Nigeria,…

Privacy-focused cryptocurrency Zcash (ZEC) has spiked by more than 70% over the past week as crypto traders have been paying closer attention to privacy-focused projects.Zcash traded at about $346 on Friday, May 1, before hitting a seven-day peak of $593.86…