Wednesday, October 14

Business

Court reserves ruling on Blessing CEO’s bail

The Federal High Court, Ikoyi, Lagos, on Friday reserved ruling on the bail application filed by social media influencer, Okoro Blessing Nkiruka, popularly known as Blessing CEO, who is standing trial over an alleged N36m fraud, till June 9. The…

Saylor Says Bitcoin Needs Disciplined Expansion as Demand Resets

Strategy co-founder and executive chairman Michael Saylor said Bitcoin needs “disciplined expansion” through banks, companies, securities, credit and capital markets, laying out a path for the asset as spot exchange-traded fund (ETF) outflows and a broader market sell-off test institutional…

Govt, FAO launch 0,000 bird flu response programme

The Federal Government has said it is partnering with the Food and Agriculture Organisation to strengthen Nigeria’s preparedness, detection, and response to Highly Pathogenic Avian Influenza through a $350,000 intervention that will also train 240 animal health personnel. The government…

FG targets 7,000 jobs through ranching estates nationwide

The Federal Government plans to create about 7,000 direct jobs through an estate-based ranching programme aimed at empowering youths and women, boosting livestock productivity, and stimulating rural economic development. This was disclosed in a statement issued on Friday by the…

ETH Hits 13 Month Low As BTC, Altcoins Crumble: Is .4K Next?

Key takeaways:Ether derivatives metrics flip to a heavily bearish bias as cascading liquidations cut off a relief bounce. A critical ZCash bug discovered by AI triggers widespread fears of contagion, driving a contraction in Ethereum TVL.Ether (ETH) plummeted to a 13-month…

Crypto Tax Proposals Weighed Ahead of Tuesday House Hearing

The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday hearing on the matter, covering stablecoins, staking, mining and transactions.Among proposals in the draft legislation are reducing the…

Travala Launches AI Hotel Booking Protocol With USDC on Base

Singapore-based crypto travel platform Travala has launched a protocol it says lets artificial intelligence agents search, reserve and pay for hotels with USDC (USDC) on layer-2 blockchain Base, extending agentic AI stablecoin payments into travel bookings.The Travala Travel MCP is…

Kraken Opens SpaceX IPO Access Through xStocks Platform

Crypto exchange Kraken is giving customers access to the upcoming SpaceX initial public offering through xStocks, a tokenized equities platform, highlighting the growing convergence between crypto infrastructure and traditional capital markets.Kraken announced Friday that SpaceX will be the first public…

NNPC donates MRI machine to Kano hospital

NNPC Foundation, the Corporate Social Responsibility arm of NNPC Ltd., has commissioned and handed over a fully installed state-of-the-art 1.5 Tesla Magnetic Resonance Imaging system to the National Orthopaedic Hospital, Dala, Kano State. This is contained in a statement by…

Pump.fun Bounty Platform Pays Users for Bizarre Memecoin Stunts

Solana-based memecoin launchpad Pump.fun introduced a new open bounty platform where users have posted crypto rewards for bizarre promotional tasks, such as tattooing the ticker symbols of memecoins, quitting their current job live on camera or skydiving into a World…

Strategy’s Bitcoin Sale Shakes Treasury Trade Assumptions

Strategy’s sale of 32 Bitcoin shouldn’t have mattered. The company still holds hundreds of thousands of BTC, and the transaction barely moved the needle on its balance sheet. Yet the market reaction was swift, exposing how much of the Bitcoin…

Visa Tests Private Stablecoin Settlement on Canton Network

Visa is testing whether privacy-enabled blockchain networks can support institutional stablecoin settlement without exposing sensitive transaction data, in a proof of concept with stablecoin infrastructure company Brale and the Canton Network, a permissioned ledger backed by major Wall Street firms.The…

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