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.…

The Oando Foundation has set out to equip young Nigerians with skills in the green economy, awarding N20m in seed funding to top performers from the first cohort of its Green Youth Upskilling Programme. In a statement, the foundation also…

Palm Beach, Florida, May 7, 2026 – Hosted by Luna PR, the fourth edition of the Crypto Polo Cup (CPC) will take place on May 9, 2026, at the Santa Clara Polo Club, alongside Consensus Miami. The invite-only event will…

Nigeria’s largest banks delivered a mixed but ultimately reassuring set of financial results in 2025, with balance sheet expansion and revenue growth offset by a sharp, policy-driven hit to profitability. According to the 2025 audited financial statement for the period…

Zug, Switzerland, May 7, 2026 – After years of research, engineering, and community collaboration, Panther Protocol Foundation announced that Panther Protocol is now live on Polygon.The deployment introduces what the team describes as “programmable privacy” for decentralized finance — infrastructure…

Global oil prices plunged sharply on Wednesday, with Brent crude falling about 11 per cent to below $100 per barrel, following growing optimism that the United States and Iran are nearing an agreement to end the ongoing Gulf war. The…

Kraken parent Payward agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, expanding its push into stablecoin payments and business-to-business (B2B) financial infrastructure.Payward has entered into a definitive agreement to acquire Reap for up to $600 million,…

The Nigeria Revenue Service (NRS) has revealed its plan to extend operating days to Saturdays in order to provide additional assistance to taxpayers requiring support with the new tax system. The tax authority disclosed the additional opening hours in a…

Africa’s richest businessman, Aliko Dangote, has disclosed plans to expand into 20,000 megawatts of power generation, while defending his over $20bn refinery investment as proof that large-scale industrial projects are possible on the continent. Dangote made the remarks during a…

South Korea’s Finance Ministry has confirmed that a long-delayed tax on crypto gains will take effect as scheduled in January 2027.Moon Kyung-ho, director of the ministry’s income tax division, announced at an emergency parliamentary forum on virtual asset taxation held…

Sahara Power Group has advocated the adoption of a digital electricity grid as a solution to Nigeria’s persistent power supply challenges. The Group Managing Director of Sahara Power Group, Dr Kola Adesina, who made this known in remarks delivered on…

Matthew Sigel, head of digital assets research at investment manager VanEck, said he sees Bitcoin (BTC) reaching seven figures within the next five years.“Bitcoin going up for us is the base case. We think this asset is going to reach…

MainPower Electricity Distribution Limited says it has begun the repair of feeders affected by a heavy rainstorm in the Enugu metropolis. The company said no fewer than 12 communities in the metropolis were plunged into darkness following a heavy rainstorm…

Bitcoin (BTC) is attempting its first Bollinger Bands breakout in months, while creator John Bollinger is more bullish than some traders.Key points:Bitcoin faces stiff resistance as it attempts daily candle closes above the upper Bollinger Band.Volatility comes on cue after…

The Federal Government has ruled out a return to fuel subsidies and the introduction of price control despite rising global oil prices triggered by tensions between the United States and Iran. The Minister of Finance and Coordinating Minister of the…