Decentralized exchange (DEX) aggregator Matcha Meta suffered a security breach on Sunday through one of its primary liquidity providers, SwapNet, in the latest cyberattack tied to exploiting smart-contract vulnerabilities.Matcha Meta disclosed the breach in a post on X on Sunday,…

Leading pan-African investment company, Heirs Holdings, has announced the appointment of Obinna Ufudo and Sola Yomi-Ajayi as Non-Executive Directors. The new directors bring extensive expertise in finance, energy, governance, and global markets and their appointments demonstrate Heirs Holdings’ ongoing commitment…

Unilever Nigeria Plc has reported a 99 per cent increase in profit after tax to N30.7bn for the financial year ended 31 December 2025, driven by revenue growth, improved operating performance, and higher finance income. According to its Unaudited Interim…

Japan’s financial regulator is weighing potential rule changes that could pave the way for cryptocurrency exchange-traded funds (ETFs), with local media reporting that 2028 is being discussed as an early target.According to a report by Nikkei, citing people familiar with…

Wael Sawan, Chief Executive Officer of Shell Plc, has commended President Bola Tinubu for restoring investor confidence and improving Nigeria’s investment climate. According to a statement on Sunday by presidential spokesperson, Bayo Onanuga, Mr Sawan spoke during a meeting at…

The naira closed the week on a weaker note across both official and parallel market segments, with analysts pointing to supply constraints and demand pressures in the foreign exchange market. At the Nigerian Autonomous Foreign Exchange Market, the local currency…

The Financial Conduct Authority has begun seeking final feedback on a set of proposals aiming to apply traditional finance standards to the UK crypto sector.The UK’s financial watchdog is entering the final stages of its consultation process for a host…

The Chief Executive of Shell Plc, Wael Sawan, has praised President Bola Tinubu’s leadership for creating a healthy climate for investments to thrive and restoring investor confidence. At a meeting with President Tinubu at the Presidential Villa, Mr Sawan said…

The Ogun State Internal Revenue Service has urged the public to rely on facts about the Tax Reform Acts 2025 rather than speculation, as it reassured taxpayers about the implications of the new laws. The Executive Chairman of OGIRS, Olugbenga…

Binance co-founder Changpeng Zhao has ruled out returning to the crypto exchange, despite a pardon from US President Donald Trump opening the door for it to be possible.  Zhao told CNBC’s Squawk Box on Sunday that it’s his understanding that the…

NEM Insurance Plc has projected insurance revenue of N65.256 billion in the first quarter (Q1) of 2026. The company disclosed this in a forecast submitted to the Nigerian Exchange Ltd. on Sunday, reaffirming its positive growth outlook following strong performance…

Power distribution companies have expressed doubt over the directive by the Minister of Power, Adebayo Adelabu, that prepaid meters must be free for all categories of customers. Operators, who spoke with our correspondent anonymously due to the sensitivity of the…

The Ethereum treasury company ETHZilla has purchased two jet engines after selling off some of its crypto stash and increasing its focus on asset tokenization.ETHZilla said in a regulatory filing on Friday that it purchased two aircraft engines through a…

Sahara Group Foundation, the corporate social impact arm of Sahara Group, has commissioned its 17th Sahara Go Recycling Hub in Ibeju-Lekki, Lagos State, reinforcing its commitment to sustainable waste management, environmental protection, and community empowerment across Nigeria. The Sahara Go…

Gold prices have topped $5,000 amid rising geopolitical and global trade tensions, while Bitcoin has fallen toward $86,000 as the divergence between the two assets widened. Gold surged to a record high of $5,080 on Monday following a 17% gain so…