The National Insurance Commission has flagged weak financial disclosures, solvency gaps and deficiencies in recapitalisation planning by some insurance companies, warning that the ongoing recapitalisation exercise leaves little room for repeated errors or delays in regulatory approvals. The concerns were…

Ethereum co-founder Vitalik Buterin sold about 2,961 Ether worth $6.6 million over a three-day period, after previously announcing plans to withdraw some of his holdings.Blockchain tracker Lookonchain said in a Thursday X post that the transactions were executed at an…

Fidelity Bank Plc has expressed its commitment to advancing quality education and youth empowerment with the renovation of an administrative building in Community Secondary School, Enugwuabo Ufuma, in the Orumba North Local Government Area of Anambra State. According to the…

South Korean regulators are stepping up oversight of the domestic cryptocurrency market, signaling a faster, more coordinated approach to detecting suspicious trading activity amid renewed volatility. The heightened scrutiny was highlighted after South Korea’s Financial Supervisory Service (FSS) said it was…

MTN Group, Africa’s largest mobile network operator, is in advanced talks to acquire the remaining 75 per cent stake in IHS Towers, a deal that could value the tower infrastructure firm at about $2.76bn. Reuters reported on Thursday that the…

Bitcoin exchange-traded funds (ETFs) extended losses on Wednesday amid BTC price approaching the $70,000 mark, adding to mounting pressure across digital asset markets.According to data from SoSoValue, spot Bitcoin (BTC) ETFs recorded $545 million in outflows on the day, pushing…

CardinalStone Asset Management Limited has closed Series 1 of the CardinalStone Infrastructure Debt Fund, securing N12.63bn in investor commitments. According to a statement from the firm on Wednesday, the successful close of the funding round marked an important milestone in…

Tether’s dollar-pegged stablecoin USDt expanded to a record $187.3 billion market capitalization in the fourth quarter of 2025, even as the broader crypto market slid following October’s liquidation cascade.According to its latest quarterly report, the USDt (USDT) market cap grew…

Paga, the fintech company behind the Doroki merchant platform, has entered into a strategic partnership with Leadway Assurance to provide comprehensive insurance solutions for users on the platform. Leadway Assurance stated on Tuesday that the partnership is designed to help…

The creator of Incognito Market, the online black market that used cryptocurrency as its primary payment rail, has been sentenced to 30 years in prison after blockchain transaction analysis cited by US authorities linked him to the platform.The Justice Department…

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has addressed recent debates surrounding the newly launched Nigeria’s Gas Master Plan (GMP) 2026, particularly concerns over export parity pricing. Speaking during a fireside…

Sterling Financial Holdings Company Plc and its subsidiaries recorded a profit of N16.34bn in the fourth quarter of 2025, representing a 23.8 per cent decline from the N21.44bn posted in Q4 2024, according to its unaudited interim financial statements for…

The Coinbase Premium Gap, which tracks the price difference between Bitcoin on Coinbase and Binance, has fallen to its lowest level in over a year. An analyst said the move may point to weaker relative demand on Coinbase-linked venues, which…

Nigeria’s foreign exchange environment is seeing a notable turnaround as reforms by the Central Bank of Nigeria combine with a fresh rally in oil prices to support the naira, boost external reserves and rebuild confidence in FX markets. SAMI TUNJI…

US-based spot Bitcoin exchange-traded fund (ETF) holders are showing relatively firm conviction despite a four-month Bitcoin downtrend, according to ETF analyst James Seyffart.“The ETFs are still hanging in there pretty good,” Seyffart said in an X post on Wednesday.While Seyffart…