The Centre for the Promotion of Private Enterprise (CPPE) has cautioned against compulsory domestic processing of primary commodities without adequate local capacity. The body warned that poorly sequenced value-addition policies could distort markets, hurt rural producers, and undermine Nigeria’s recent…

Bitcoin’s drop below $70,000 is being seen very differently by long-time holders and institutional investors, according to Bitwise CEO Hunter Horsley.“I think long-time holders are feeling unsure, and I think the new investor set, institutions are sort of getting a…

Cathie Wood’s ARK Invest continued reducing its exposure to crypto exchange Coinbase on Friday, unloading $22 million worth of shares across multiple exchange-traded funds (ETFs) while adding to its position in digital asset platform Bullish.According to ARK’s trade disclosures, the…

South Korean cryptocurrency exchange Bithumb says it has resolved an incident in which a promotional reward error credited certain user accounts with excess Bitcoin.In a Sunday statement, the exchange confirmed it recovered 99.7% of the overpaid Bitcoin (BTC) on the…

The crypto industry is likely to see more projects snapped up by larger companies, which may lead to a much less fragmented sector in the months ahead, says Bullish CEO Tom Farley.“I was in the exchange sector during continual massive…

Vice President (Oil & Gas) of Dangote Industries Limited, Devakumar Edwin, has been honoured with the prestigious Person of the Year award at the 9th Annual Award and Lecture of the Daily Asset Newspapers, in recognition of his contributions to…

The Lagos State Government has pledged to remain focused on deepening infrastructure delivery, strengthening institutions, expanding climate-adaptive investments in drainage and resilience, and ensuring that urban growth translates into measurable improvements in quality of life. The Lagos State Governor, Babajide…

Retail investors are scrutinizing the crypto market for signs that it may have bottomed out to gauge when to buy more crypto assets, according to crypto sentiment platform Santiment.“Retail traders are trying to meta-analyze the market, looking for signs of…

Manufacturers sharply reduced their exposure to bank loans over the first nine months of 2025 as borrowing costs stayed elevated, cutting total credit by N1.44tn amid tight monetary conditions and wide lending spreads, according to the latest quarterly statistical bulletin…

Nigeria’s fintech sector, one of Africa’s fastest-growing, remains heavily dependent on foreign investment, exposing it to swings in global markets, the Central Bank of Nigeria said in its 2025 Fintech Policy Insight Report. Startups in the country raised $520m in…

The number of traders expecting a rate cut at the March Federal Open Market Committee meeting rose following fears of a hawkish Fed nominee.The number of traders expecting an interest rate cut at the March Federal Open Market Committee (FOMC)…

The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include national trust banks, recognizing their eligibility to issue the fiat-pegged tokens.The CFTC amended Staff Letter…

The Bitcoin network mining difficulty, a metric tracking the relative challenge of adding new blocks to the Bitcoin (BTC) ledger, fell by about 11.16% in the last 24 hours, the worst drop in a single adjustment period since China’s 2021…

Bitcoin (BTC) experienced on of the biggest sell-offs over the past month, sliding more than 40% to reach a year-to-date low of $59,930 on Friday. It is now down over 50% from its October 2025 all-time high near $126,200.Key takeaways:Analysts…

Tether has frozen more than half a billion dollars in cryptocurrency at the request of Turkish authorities, blocking funds tied to an alleged illegal online betting and money-laundering operation.Last week, prosecutors in Istanbul announced the seizure of approximately €460 million…