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…

Wema Bank Plc recorded a strong financial performance in the 2025 financial year, posting a profit for the year of N193.19bn, representing a 124 per cent increase from the N86.28bn recorded in 2024. The bank’s audited financial statements for the…

Some crypto companies have proposed giving community banks a bigger stablecoin role as Senate negotiations stall over the contentious market structure bill.Crypto companies are reportedly floating concessions relating to stablecoin yields in an attempt to unfreeze the delayed crypto market…

Stanbic IBTC Holdings Plc has recorded a strong financial performance for the year ended 31 December 2025, posting a group profit of N381bn, up 68 per cent from the N225.3bn recorded in 2024. In its annual statements of profit or…

Crypto project Payy, which operates a privacy-focused wallet alongside a crypto banking card, has just launched a privacy-enabled Ethereum layer 2.In an announcement via X on Wednesday, Payy said users can now integrate the network into their MetaMask accounts, and…

MoMo PSB, the fintech arm of MTN Nigeria, has entered a strategic partnership with the Small and Medium Enterprises Development Agency of Nigeria to provide digital and financial tools aimed at helping small and medium-sized enterprises run operations more efficiently…

Startale Group and Japan’s financial conglomerate SBI Holdings have launched Strium, a layer-1 blockchain designed to support exchange-layer and settlement infrastructure for institutional trading of foreign exchange, tokenized equities and real-world assets (RWAs).The platform is designed as an exchange-layer network,…

The Governor of Enugu State, Peter Mbah, on Wednesday, called on the South-East to reimagine itself as a common market and a single economic bloc, warning that the region can no longer afford to operate as five parallel states. Speaking…

The US Commodity Futures Trading Commission has withdrawn a Biden administration-era proposal that would have banned sports and political prediction markets, some of the most popular event contracts today.The recently confirmed CFTC chair, Mike Selig, said on Wednesday that the…

Nigeria’s long-troubled 445,000-barrel-per-day state-owned refineries may be headed for a fresh start, as the Nigerian National Petroleum Company Limited has opened discussions with a Chinese petrochemical firm and other potential investors as part of a sweeping reset aimed at reviving…

Multicoin Capital’s co-founder, Kyle Samani, said he is stepping down as managing partner of the crypto investment firm after 10 years in the industry. Samani called it a “bittersweet moment” in a post on Wednesday, adding, “I am excited to take…

Lafarge Africa Plc, a building solutions company and manufacturer of cement, mortar, and ready-mix concrete, has reaffirmed its commitment to strengthening local cement production with the expansion of its Sagamu Cement Plant in Ogun State and Ashaka Cement Plant in…

Pavel Durov, the co-founder of the Telegram messaging platform, sounded the alarm about the Spanish government’s plan to usher in online age verification and restrict social media platforms for individuals under the age of 16.The proposed law will lead to…