Business
JAPANMetaplanet’s executive stock pool sparks shareholder backlashJapanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool,…
More than 200 crypto companies and organizations have urged the US Senate to pass the CLARITY Act, amid concerns that continued stalling could see it miss an important legislative window.In a letter on Monday shared by crypto lobby group Stand…
The Minister of Environment, Balarabe Abbas Lawal, has called for increased investment in Nigeria’s green economy, saying stronger environmental governance and climate action are critical to the country’s long-term development. He made the call on Monday ahead of the Nigeria Environmental Summit…
Nigeria recorded a sharp improvement in its merchandise trade balance in the first quarter of 2026 as exports rose and imports declined significantly, pushing the country’s trade surplus to N7.55tn. According to the National Bureau of Statistics’ Foreign Trade in…
MTN Nigeria said it invested N900bn in network expansion and maintenance in 2025 and plans to spend more than N1tn in 2026. The Chief Executive Officer of MTN Nigeria, Karl Toriola, argued that the recent tariff increase was necessary to…
The UK’s Financial Conduct Authority has proposed allowing some authorized investment funds to hold up to a 10% allocation of crypto exchange-traded notes, closing a regulatory gap between retail investors and funds.The FCA floated the idea in a quarterly consultation…
Payaza Africa Limited has secured upgraded credit ratings from four agencies, signalling growing investor confidence in the fintech company’s financial stability and operational performance. The payment company recorded upgrades across the board, with DataPro raising its rating from A to…
The Humanity Protocol, dubbed the “Chinese Worldcoin,” has been exploited for more than $30 million through a private key compromise, sending the price of H tokens plummeting on Tuesday. “We’ve detected a security incident involving the compromise of private keys belonging…
Energia Limited has appointed Tai Adetokunbo Oshisanya as an Independent Non-Executive Director on its board, effective May 2026. A statement on Sunday said Oshisanya joins the board with over four decades of distinguished leadership experience spanning the energy, financial services,…
The Sahara Group Foundation has expanded its waste-to-wealth initiative to Northern Nigeria with the commissioning of a new Sahara Go Recycling Hub in Masaka, Nasarawa State. The foundation said in a statement on Sunday that the facility, delivered in partnership…
ChatGPT creator OpenAI has confidentially filed for an initial public offering in the US, becoming the third major AI company this year to set up plans for a Wall Street debut.OpenAI posted to X on Monday that it filed confidential…
The Institute of Chartered Accountants of Nigeria has reaffirmed its commitment to innovation, transparency and institutional reform as it installed its 62nd President at a ceremony held on Tuesday in Lagos. The leadership transition took place at the ICAN Council…
Bitmine Immersion Technologies increased its Ether holdings to 5.54 million ETH after acquiring nearly 127,000 tokens over the past week, bringing its treasury to 4.59% of Ethereum’s total supply.The company said it has now reached 92% of its stated goal…
Liquefied Petroleum Gas (cooking gas) retailers have raised the alarm over persistent supply shortages, saying fresh LPG shipments into the country have done little to improve availability as prices soar and consumers groan under rising energy costs. The retailers said…
Bybit is joining a growing list of crypto exchange platforms allowing eligible users to subscribe to tokenized shares in US initial public offerings at the offering price, beginning with a SpaceX listing through the xStocks framework.Kraken parent Payward Services’ xStocks…
The Transmission Company of Nigeria has pushed back against claims that the country’s transmission network is the major obstacle to improved electricity supply, insisting that the national grid currently has the capacity to wheel 8,700 megawatts of electricity, far above…
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