Business
On Thursday, the US Commodity Futures Trading Commission (CFTC) announced that spot Bitcoin (BTC) and Ether (ETH) products will begin trading for the first time on its registered futures exchanges. Here are three reasons why…
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…
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…
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…
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…
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…
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…
The Director of the Centre for Housing and Sustainable Development at the University of Lagos, Professor Timothy Nubi, has said Africa requires an estimated $93bn every year to address its infrastructure deficit, warning that failure to mobilise these funds could…
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 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 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…
Key points:Bitcoin is facing significant selling at the start of the new week, with some analysts expecting a drop as low as $50,000. Several altcoins turned down from their overhead resistance and are threatening to dip below their support levels.Bitcoin (BTC)…
Cadbury Nigeria Plc announced the retirement of its Managing Director, Oyeyimika Adeboye, effective 30 November, marking the end of her 17-year career with the company. Mrs Adeboye joined the firm in 2008 as Finance and Strategy Director and became Managing…
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…
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…
The Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Thompson Sunday, has urged members of the Nigerian Institution of Estate Surveyors & Valuers (NIESV) to maintain accuracy and professionalism in valuing assets of failed banks. In…
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