The Customs Officers’ Wives Association, Federal Operations Unit Zone C, Owerri Chapter, has joined the nationwide green border initiative tree planting campaign, tagged “Plant 1000 Trees in 1 Hour”. According to a Monday statement obtained by The PUNCH, the project…

Update (May 7 at 9:47 PM UTC): This article has been updated to include a statement from Binance.The US Department of the Treasury reportedly demanded that Binance follow a monitoring program put in place by a 2023 deal between authorities…

The stock market on Thursday closed on a negative note as investors lost N1.92 trillion following sell-offs in banking and cement stocks. This came amid reactions to new regulatory guidelines by the Central Bank of Nigeria on foreign subsidiaries of…

Political action committees (PACs) affiliated with the cryptocurrency company-backed Fairshake reported spending millions of dollars to support candidates in five races, with less than six months until US voters decide on their representatives in Congress.According to filings with the Federal…

President Bola Tinubu has appointed Arinola Ogbara-Banjoko as a Non-Executive Director to represent Lagos State on the Board of the Nigeria Commodity Exchange (NGX), under the Federal Ministry of Industry, Trade and Investment. Mrs Ogbara-Banjoko replaces Mrs Bamidele Hussein. President…

Nigeria has yet to meet the structural conditions required to sustain large-scale industrialisation, despite signs of progress, according to the 2025 RED Index of Industrial Development in Africa released by the Business Council for Africa. In a statement by the…

Fund managers are warming back up to digital assets, with Bitcoin continuing to dominate allocation preferences even as broader crypto sentiment improves, according to a new survey by CoinShares.The April survey gathered responses from 26 institutional investors overseeing a combined…

The federal government has validated a set of harmonised national protocols to strengthen the conservation, characterisation, and monitoring of Nigeria’s Animal Genetic Resources (AnGR). This was disclosed in a statement issued Thursday by the Livestock Ministry. According to the government,…

The Federal Government, through the Nigerian Shippers Council, said it has received a proposal for an additional $600m investment into the nation’s maritime industry by the APM Terminals Apapa, The PUNCH reports. According to a statement on Wednesday, the Executive…

Bitcoin (BTC) price dropped to $79,800 on Thursday after being rejected at a key dynamic resistance level. The pullback occurred despite the weekly spot Bitcoin exchange-traded fund (ETF) inflows surging past $1 billion for the first time since January, but…

The Chief Executive Officer of Nigerdock, Maher Jarmakani, has stated that the company’s journey has been one of resilience, constant reinvestment, and an unwavering commitment to excellence. This was contained in a recent statement by the Chief Marketing Officer of…

Michael Saylor’s comment this week that Strategy might sell portions of its Bitcoin holdings, is a decision that gives the BTC treasury company Strategy, optionality, according to BTC advocate Samson Mow.“Never selling limits optionality. Public markets are war. In war,…

The Dangote Petroleum Refinery exported an estimated 57 million barrels of jet fuel between April 2024 and April 2026, according to Kpler data cited during Channels Television’s Business Morning programme on Thursday. The data showed that exports rose from about…

United Bank for Africa, MoMo PSB, and Redtech have announced a strategic payment interoperability partnership. The collaboration aims to dismantle the long-standing barriers between bank-led merchant acceptance and telco-led mobile money wallets, starting in Nigeria with immediate plans for a…

Prediction marketplace Kalshi has reached a $22 billion valuation after closing a $1 billion Series F funding round, underscoring growing venture capital appetite for prediction markets amid surging retail adoption.The new valuation doubles Kalshi’s worth from just five months ago.…