The Nigerian Communications Commission, working with consultancy KPMG, has begun a comprehensive review of telecom interconnection pricing, the first major reassessment of the sector’s tariff framework in nearly a decade. The exercise, kicked off in Lagos at a mobile termination…

Bitcoin (BTC) risked wiping out its Iran truce gains and returning toward the $60,000 psychological support as the Bank of Japan (BoJ) raised its interest rates to their highest level in 30 years.Key takeaways:BTC has averaged a 5.74% decline in…

The Nigerian Ports Authority (NPA) has said that 37 ships with petroleum products, food items and other goods are expected at Apapa, Lekki Deep Sea Port and Tincan Island port in Lagos on Tuesday. The NPA disclosed this on its…

Today in crypto, the industry’s biggest stories spanned layoffs, a key regulatory hire and markets.Robinhood cut 10% of its workforce despite CEO Vlad Tenev saying the business “has never been stronger” and the CFTC hired a former SEC crypto adviser…

Solana treasury companies are resisting acquisition attempts by Forward Industries, with two firms rejecting proposed combinations and a third allowing its offer to expire without responding.Forward said Monday that Solana Company (HSDT), formerly Helius Medical Technologies, rejected an all-stock proposal…

The Nigerian Postal Service (NIPOST) has taken another step towards implementing a nationwide digital postcode system, with the validation of a model designed to assign a unique digital address to every addressable building in the country. The validation exercise was…

The Enugu State Government has identified the establishment of Enugu Air and the concession of the Akanu Ibiam International Airport as critical drivers of its ambition to grow the state’s economy from $4.4bn to $30bn by 2031. The government added…

Strategy executive chairman Michael Saylor said Bitcoin does not need staking, inflation or protocol-based yield mechanisms, arguing returns should come from financial products built around BTC.In an X post on Tuesday, Saylor outlined a five-layer “Digital Asset Stack” positioning Bitcoin…

United Capital Group, a leading Pan-African investment banking and financial services group, has completed the acquisition of a 5 per cent equity stake in the Nigerian Exchange Group (NGX Plc). The transaction was successfully concluded, marking a significant milestone in…

Bitcoin miner IREN has completed its acquisition of the Spanish data center developer Nostrum Group, marking its entry into Europe as the company builds out its artificial intelligence cloud business.IREN said in a press release on Monday that the acquisition…

Bitcoin’s recovery is hinged on a successful peace deal between the US and Iran as its onchain metrics show the cryptocurrency remains weak despite its recent recovery, analysts say.Nick Ruck, a director at LVRG Research, told Cointelegraph that despite Bitcoin…

The Dangote Group says it has strengthened its strategic partnership with the Africa Finance Corporation with the signing of a $600m loan agreement to support the expansion of its fertiliser production capacity to boost food security across Nigeria and Africa.…

The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies to address risks from blockchain technology.GAO made a June 8 letter to FDIC Chairman Travis Hill public on…

Aquiline Consulting Limited, in partnership with Lagos Business School, Pan-Atlantic University, has launched an executive education programme aimed at strengthening leadership capacity across Nigeria’s security sector amid growing security challenges and resource constraints. The Advanced Leadership Course for Senior Executives…

Anthropic’s decision to shut down access to its latest artificial intelligence models after a US order to suspend access to foreign nationals highlights the risks of centralized control in AI, which could increase demand for decentralized alternatives, says Grayscale. Grayscale head…