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The Bank for International Settlements (BIS) warned that the rapid expansion of stablecoins risks fragmenting the global monetary system and weakening sovereign monetary control, urging central banks and the financial industry to accelerate the development…
San Francisco, U.S.A., March 17, 2026 — AI and blockchain infrastructure company Gency AI today announced it has raised $20 million in a new funding round. The round saw participation from several institutions, including Y&ZC Capital, MTmetaworld Holdings, Riverpark, ArkStream,…
The Nigeria Revenue Service (NRS) has officially announced the Go-Live of Rev360, its next-generation tax administration platform, to mark a significant transition to Tax Administration 3.0. PREMIUM TIMES earlier reported NRS’s plan to launch Rev360, a platform that introduces a…
UniCloud Africa and Open Access Data Centres have announced a strategic partnership to scale sovereign cloud and artificial intelligence infrastructure across the continent in a move aimed at strengthening Africa’s digital independence and reducing reliance on offshore data systems. Under…
Several Bitcoin (BTC) data points suggest that $80,000 is the next destination for the cryptocurrency. Bitcoin gained 2.52% to trade above $78,800 on Friday after holding support at the 100-day exponential moving average. Spot market buy volumes also strengthened while…
President Bola Tinubu has appointed Lanre Babalola as the Special Adviser to the President on Power and Chairman of the Presidential Task Force on Power Sector Reset and Restoration. The appointment was announced in a statement issued on Thursday by…
Oil prices held around four-year highs on Thursday while stocks fell after Donald Trump warned the US blockade of Iranian ports could last months as peace talks remained stalled. While Tehran submitted a fresh proposal this week to reopen the…
Key points:Bitcoin will have to flip the $80,000 level into support to continue its up move to $84,000.Several major altcoins are finding buyers at lower levels, but they will have to overcome the overhead resistance to start a new up…
The Federal Government has reached a settlement with Bi-Courtney Aviation Services Limited, in a move aimed at bringing to a close a nearly two-decade dispute over the Murtala Muhammed Airport Terminal Two (MMA2) in Lagos. The Minister of Aviation and…
Nigerian business leader and Chief Executive Officer of ELIN Group, Dr Elizabeth Jack-Rich, has positioned Africa as central to the future of the global Artificial Intelligence economy. She argued that the continent’s resource base and industrial potential will play a…
XRP’s (XRP) sentiment on social media has risen sharply over the last few days, but overhead resistance at $1.40 kept the price in consolidation.Key takeaways:XRP’s social media sentiment has risen 240% over the last 30 days to a two-year high.XRP…
The Office of the Tax Ombud has appealed for public sensitisation of taxpayers on its role, particularly on how Nigerians can file complaints or grievances on tax matters at no cost. The call was made by the Tax Ombud/Chief Executive,…
The Nigerian National Petroleum Company Limited has completed the long-anticipated River Niger crossing of the Obiafu-Obrikom-Oben gas pipeline, unlocking a critical segment of the country’s gas transmission network and paving the way for increased supply to power plants and industries.…
Dogecoin (DOGE) has outpaced the broader crypto market over the past month, rising roughly 18% versus the market’s 10% gain, as whale accumulation and a bullish chart setup hint at a potential bottom.DOGE/USDT vs. TOTAL crypto market cap 30-day returns.…
Fidelity Bank has announced the retirement of Morohunke Bammeke following the completion of her tenure as an independent non-Executive director of the bank on 30 April. The bank disclosed this in a statement signed by its secretary, Ezinwa Unuigboje, and…
MTN Nigeria reported a profit after tax of N355.5bn in the first quarter of 2026, up 165.9 per cent year-on-year, but warned that higher energy prices could weigh on earnings in the coming quarters. In its unaudited results released on…
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