Saturday, December 6

Business

Bitcoin Drop To K Due To Crumbling Global Macro Conditions

Key takeaways:Stablecoin concerns, regulatory pressure, and reduced risk appetite among traders weighed more on Bitcoin than Japan’s bond-market moves.Reduced confidence in global growth and stress on digital asset reserve companies amplified BTC selling and subsequent stop losses.Bitcoin (BTC) price dropped…

BTC Reversion Play Stops Price at K: What’s Next

Bitcoin (BTC) attempted to close above a key resistance zone last week after briefly spiking to roughly $93,300. However, BTC failed to stop a mean-reversion trend, with the price dropping below $85,000 on Monday.  Bitcoin four-hour chart. Source: Cointelegraph/TradingViewKey takeaways:Bitcoin’s…

Forward Industries Names Ryan Navi CIO for Solana Treasury

Top SOL treasury company Forward Industries has appointed Ryan Navi as chief investment officer to oversee the execution of the company’s Solana-focused treasury strategy.According to Monday’s announcement, Navi will handle sourcing and structuring capital markets opportunities and direct how Forward…

70% of students shun campus hostels over poor conditions

Operators in the building sector have said the poor condition of campus hostels is pushing nearly 70 per cent of students toward private and off-campus accommodation options. Partner & West Africa Tax Leader at Deloitte, Yomi Olugbenro, revealed this at…

Most Law Enforcement Requests in 2025 Came from Outside the US

US-based cryptocurrency exchange Coinbase has released its annual transparency report, revealing that the company experienced a significant surge in requests from law enforcement agencies.In a report released on Monday, Coinbase said it had received 12,716 requests from law enforcement globally…

Nigeria opens bidding for 50 new oil blocks

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday opened bidding for 50 oil and gas blocks, targeting $10 billion in investment. Announcing the commencement of the 2025 oil block licensing round at a press briefing on Monday, the NUPRC…

Ether Futures Overtake Bitcoin on CME as Volatility Surges

Trading activity in Ether futures has surpassed that of Bitcoin on the Chicago-based CME Group, marking a notable shift in the digital asset derivatives market and fueling speculation that Ether may be entering a long-anticipated “super-cycle” — a sustained, multi-year…

Nigeria’s GDP grew 3.98% in Q3 2025 – NBS

Nigeria’s Gross Domestic Product (GDP) grew by 3.98 per cent year-on-year in real terms in the third quarter of 2025, the National Bureau of Statistics (NBS) has said. The NBS said this growth rate is higher than the 3.86 per…

Nigeria’s public debt stock hit N152.39trn in Q2 2025 – NBS

Nigeria’s public debt stock increased from N149.38 trillion (97.23 billion dollars) in the first quarter of 2025 to N152.39 trillion (99.65 billion dollars) in the second quarter of 2025. The National Bureau of Statistics disclosed this in its Nigerian Domestic…

Lagos demands compliance as amnesty permit triggers application surge

The Lagos State Physical Planning Permit Authority has reported a significant surge in applications under the ongoing Amnesty Permit window, stressing that officers must uphold strict compliance, maintain professionalism, and process all submissions efficiently, ensuring that only buildings meeting safety…

Republicans Urge Action on Market Structure Bill over Debanking Claims

Republican lawmakers on the US House Financial Services Committee and House Oversight Subcommittee have released a final report on what they called “debanking of digital assets,” claiming that the previous administration was responsible for cutting off access to financial services…

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