The Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Thompson Sunday, has urged members of the Nigerian Institution of Estate Surveyors & Valuers (NIESV) to maintain accuracy and professionalism in valuing assets of failed banks. In…

The Lagos State Government’s key tourism agencies have announced full readiness for a smooth, safe, and vibrant festive season, following a high-level multi-agency stakeholders’ engagement held at the Lagos Continental Hotel, Victoria Island. In a statement by the ministry, it…

Key takeawaysButerin sees a nontrivial 20% chance that quantum computers could break current cryptography before 2030, and he argues that Ethereum should begin preparing for that possibility.A key risk involves ECDSA. Once a public key is visible onchain, a future…

Akmodel Homes and Properties has celebrated its 5th Anniversary, a milestone that reflects years of vision, resilience, innovation and unwavering commitment to excellence in the Nigerian real estate sector. In a statement, it was noted that under the leadership of…

The Bitcoin mining industry has entered what may be its most severe economic downturn in its 15-year history, with even large publicly traded operators struggling to break even amid collapsing mining revenue and rising debt, according to TheMinerMag.In its latest…

The Nigerian National Petroleum Company Limited is burdened with crude-backed loan obligations estimated at N8.07tn, according to an analysis of its 2024 financial statements and capital-commitment disclosures. The liabilities stretch across multiple forward-sale and project-financing arrangements that are expected to…

The majority of Ethereum rollups have converged on a single model, in which the EVM is still the execution engine. So parallel execution remains a vague ambition rather than a feature of most Ethereum L2s. Eclipse takes a different path.…

Nigeria is losing about N20bn daily at the ports due to poor infrastructure and inefficiencies. A Sunday report by Olisa Agbakoba, a Senior Advocate of Nigeria, obtained by The PUNCH, stated that most of the revenue is flowing to neighbouring…

The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, signed into law on July 18, is billed as the statute that finally drags dollar‑pegged tokens out of the regulatory gray zone into a supervised, payments‑first framework. Supporters say…

Dangote Petroleum Refinery has confirmed its commitment to supplying Nigeria’s domestic petrol requirements, pledging 1.5 billion litres of Premium Motor Spirit (petrol) per month, equivalent to 50 million litres per day, starting in December 2025. The supply is set to…

Ether (ETH) fell to $2,800 on Monday, failing to hold $3,000 as surging expectations of a Bank of Japan rate hike unnerved the market. Meanwhile, technicals and onchain data sent mixed signals on Ether’s ability to buck the downtrend. Key points:Ethereum…

BUP Tyres has stated that, as a homegrown manufacturer, it is designing mobility solutions that meet West Africa’s unique road and climate conditions, as the company pushes to strengthen the region’s industrial self-reliance. In a statement, the company announced that…

South Korean lawmakers are pressing financial regulators to deliver a draft stablecoin bill by a deadline set for later this month, as disagreements over the role of banks continue to stall progress.According to a Monday report by a local news…

Fuel security slowed in October as the Dangote Petroleum Refinery supplied only an average of 17.1 million litres per day of the nation’s petrol needs, forcing the country to rely heavily on imports despite earlier hopes of self-sufficiency. The Federal…

Prediction markets Polymarket and Kalshi view Kevin Hassett, US President Donald Trump’s National Economic Council director, as the favorite to replace Jerome Powell as the next Federal Reserve chair. The odds of Hassett filling the seat have spiked to 66%…