Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.France’s billionaire Pinault family has agreed to sell its entire €1.5bn stake in sportswear brand Puma to Chinese sporting equipment maker Anta…

A $2.24 billion drop in total stablecoin market capitalization over the last 10 days could signal capital is leaving the crypto ecosystem and may delay market recovery, according to a crypto analytics platform. In a post to X on Monday, Santiment…

Global asset manager VanEck has launched a US-listed exchange-traded product offering exposure to Avalanche’s native token, AVAX (AVAX), marking the first spot Avalanche ETF to trade in the United States. According to Monday’s announcement, the product is not registered under…

The Dangote refinery has increased the gantry price of petrol from N699 per litre to N799 per litre. As a result, the refinery said MRS filling stations will now sell petrol at N839 per litre. In a statement Monday evening,…

Bitmine Immersion Technologies’ growing Ethereum staking position may translate into more than $160 million in annual staking revenue at current rates, as more of its Ether holdings are put to work onchain.Bitmine, the largest publicly traded Ether treasury, said it…

The Federal Airports Authority of Nigeria (FAAN) has secured two international certifications aimed at improving airport operations and environmental management across the country. FAAN disclosed the development in a press release on Monday, confirming that it had received ISO 9001:2015…

Selective buying in a handful of stocks lifted the Nigerian Exchange Limited slightly on Monday, despite weaker trading activity, as market capitalisation rose by N3.45bn to N105.96tn. NGX daily market report on Monday noted that at the close of the…

Key takeaways:Bitcoin market data shows that pro traders are avoiding risk and paying extra to protect against a price drop.Gold is hitting record highs, but Bitcoin remains stuck as investors favor traditional safe havens.Bitcoin (BTC) rose 1.5% following a retest…

Valour, the UK subsidiary of digital asset company DeFi Technologies, has secured regulatory approval to offer crypto exchange-traded products to retail investors on the London Stock Exchange.In a Monday notice, DeFi Technologies said the UK’s Financial Conduct Authority (FCA) had…

The market for tokenized gold is expanding in step with rising demand for physical bullion, highlighting a broader shift toward traditional safe-haven assets as geopolitical tensions and trade uncertainty push investors away from the US dollar.On Monday, Tether said its…

Stock market investors traded 601.65 million shares worth N17.3 billion in 58,429 transactions on the Nigerian Exchange Limited on Monday. This compares with 731.7 million shares valued at N19.05 billion exchanged in 44,005 deals in the previous trading session. The…

Key points:Bitcoin is attempting a recovery, but higher levels are likely to attract solid selling by the bears.Several major altcoins are at risk of breaking below their support levels.Bitcoin (BTC) bounced off the $86,000 level, but the bulls are struggling…

Vice-President Kashim Shettima is set to inaugurate a new learning fund and empowerment platform targeted at unlocking the potential of Nigerian children, women and youths. The event is scheduled to hold on Wednesday at the State House Conference Centre, Abuja.…

XRP (XRP) may see another sharp rise to a double-digit price, but similar market setups in 2022 and 2017 pointed to an extended consolidation period before this happens.Key takeaways:XRP macro setup targets $10, but an extended consolidation is required before…

Mustapha Kwankwaso, the eldest son of former Kano State Governor and leader of the New Nigeria People’s Party (NNPP), Rabiu Kwankwaso, has resigned as a commissioner in Kano State. Until his resignation on Monday, the younger Kwankwaso served as the…