Car dealers and freight forwarding stakeholders at the Seme border have blamed the Federal Government’s continued ban on vehicle importation through the border for what they described as the deaths of more than 150 freight forwarding agents and the collapse…

Bitcoin (BTC) returned below $64,000 after Thursday’s Wall Street open as bulls nursed 13.5% weekly losses.Key points:Bitcoin struggles to stabilize amid its worst week of losses in 2026 so far.$60,000 is the line in the sand for bulls to defend,…

Arridex, formerly RusselSmith, on 1 June 2026, announced its formal change of name, registered with the Corporate Affairs Commission of Nigeria. The change reflects the significant expansion of the organisation’s capabilities and the breadth of industries it now serves, which…

A wallet tagged by Arkham to the publicly listed Ethereum treasury company FG Nexus moved another 10,000 Ether on Wednesday, extending a series of sales that began after the company built a large position in 2025.The latest transfer equates to…

The Anambra State Electricity Regulatory Commission has signed four new regulatory instruments for immediate enforcement to improve electricity supply in the state. The four regulatory instruments, which include the Business Rules, Customer Protection Regulation, Licensing Regulation, and Investment Regulation, are…

BitMEX co-founder Arthur Hayes said he dumped his Hyperliquid (HYPE) and Near Protocol (NEAR) token holdings, reversing course after previously assigning aggressive upside targets to both assets.Hayes cited higher energy prices due to the ongoing Middle East conflict, three forthcoming…

Key stakeholders in Nigeria’s automotive sector will converge in Lagos on Thursday to chart a path for the growth of the industry as Motoring World Magazine marks its 30th anniversary with a forum focused on addressing persistent challenges confronting the…

Strategy’s Bitcoin holdings fell deep into paper-loss territory as BTC traded below the company’s average purchase price, renewing scrutiny of Michael Saylor’s Bitcoin treasury model.Strategy holds 843,706 Bitcoin (BTC) acquired at an average price of $75,699 per coin, with a…

The Nigeria Export Processing Zones Authority and 20 other Federal Government agencies have pledged to integrate into the Revenue Optimisation and Assurance Platform and the Federal Treasury e-Receipt system as part of efforts to improve transparency and accountability in government…

Apex Group is providing fund management services for a tokenized real estate fund whose shares are being issued on Goldman Sachs’ Digital Asset Platform, GS DAP.The fund was developed with Goldman Sachs, digital asset exchange Archax, real estate investment manager…

Nigeria attracted $10.37bn in capital importation in the first quarter of 2026, representing an 83.83 per cent increase from the $5.64bn recorded in the corresponding period of 2025, according to the National Bureau of Statistics. The latest Capital Importation Report…

Coinbase has launched pre-intial public offering (IPO) markets, starting with SpaceX, offering users outside the United States exposure to private companies before they list publicly via a perpetual futures contract tied to the company’s estimated pre-listing price.The product is a…

The Shipping Correspondents Association of Nigeria, organisers of the 2026 Dockworkers Day, has stated that the initiative is aimed at aligning Nigeria’s port operations with global environmental standards while ensuring dockworkers are not left behind in the transition toward greener…

Bitcoin (BTC) has tagged a key bear-market trend line with its drop to four-month lows, with a “decent chance” of a rebound next.Key points:Bitcoin revisits its 200-week simple moving average after trading above it since October 2023.The trend line functioned…

The Nigerian Electricity Regulatory Commission (NERC) will kick off the Net Billing Regulations 2026 to strengthen energy security and expand renewable energy nationwide. The commission announced its plan in a public notice on Wednesday, addressed to electricity consumers, distribution companies,…