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Zach Pandl, head of research at Grayscale, said he hopes Strategy will sell at least $3 billion in Bitcoin to cover most of the company’s cash obligations for the next two years.In a Saturday X…
The Nigerian economy is turning the tide and is back on the path of growth after years of being constrained by fiscal crises, external shocks, policy missteps and missed opportunities, according to a new report by Quartus Economics, a Lagos-based…
Bitcoin (BTC) starts a new week in fighting form as $80,000 returns after a three-month absence.Bitcoin finally taps the $80,000 mark for the first time since late January, as a trader brings $88,000 and higher back into focus.The Bitcoin bear…
Billionaire businessman, Femi Otedola, has dismissed claims that he financed the Dangote Petroleum Refinery, describing the reports as false and misleading. In a post shared on X on Monday, Otedola said he did not invest in the refinery project, contrary…
A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit, arguing that its clients are owed over $877 million in compensation and damages by North Korea. Charlie Gerstein, a lawyer for…
Bitcoin breached $80,000 on Monday, rising 2.7% over a three-hour span as Asian equities began trading, marking its highest price since Jan. 31, 2026.The Bitcoin rally began at 1:25 am UTC, rising from $78,415 to break the $80,000 level about…
Stablecoins, the name given to cryptocurrencies pegged to the price of a stable asset such as the US dollar or gold, have outgrown their label as they become part of the global financial system, said Robert Hackett, head of special…
Nigerian stocks appreciated by 7.3 per cent last week, driven by industrial goods equities, taking the year-to-date yield to 55.7 per cent. The market achieved that on the back of improved trade volume in spite of limited trading days. The…
The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied to prediction markets, with some backing the regulator while others called for a tougher crackdown on the platforms.The CFTC’s request for public comments on…
Fintech and stablecoin firms should consider looking outside of the US-to-Mexico corridor to win the $174 billion Latin America remittance market, according to a Bybit executive.Most firms have focused too narrowly on the $61.8 billion US-Mexico remittance market and are…
The Co-Founder and Chief Executive Officer of Husk Power, Manoj Sinha, in this interview with OKECHUKWU NNODIM on the sidelines of the recently concluded Spring Meetings of the World Bank/International Monetary Fund in Washington DC, speaks on rural electrification, investment…
Nigeria is set to further benefit from rising foreign exchange inflows as global crude oil prices surge above $105 per barrel, driven by escalating Middle East tensions that have tightened supply expectations, boosting revenues and supporting naira stability, OKECHUKWU NNODIM…
Small businesses in Nigeria face worsening access to credit as high interest rates and tight monetary policy persist. Many SMEs avoid loans amid stricter conditions, widening a funding gap and forcing reliance on costly informal finance, SAMI TUNJI writes Small…
Strategy, the world’s biggest public Bitcoin holder, is taking a break from crypto purchases as the company readies its first quarter earnings report, slated for Tuesday.On Sunday, Executive Chairman Michael Saylor announced “No buys this week” in a post on…
The Director-General of the Nigerian Civil Aviation Authority (NCAA), Chris Najomo, has said flight delays and cancellations will persist in Nigeria’s aviation sector, reflecting a global trend, but stressed that airlines must improve how they manage and communicate disruptions to…
Multiple wallet addresses recently sanctioned by the US Treasury Department for their ties to Iran may not be linked to the Islamic Republic, but to other state actors instead, analysis published Sunday suggests.That analysis, by blockchain intelligence firm Nominis, said…
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