Business
Strategy is adopting a new capital framework that allows it to monetize part of its Bitcoin holdings to fund dividends, build cash reserves and repurchase securities while maintaining its long-term Bitcoin strategy.In a Monday 8-K…
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…
The Managing Director of the Dangote Petroleum Refinery, David Bird, has said that the $20bn facility is not importing finished petroleum products, explaining that the refinery operates a merchant refining model that does not rely solely on crude oil. According…
Chicago-based derivatives exchange CME Group is weighing the launch of its own digital token as it explores how tokenized assets could be used as collateral across financial markets, according to comments from CEO Terry Duffy.Speaking on a company earnings call,…
Nigerian Aviation Handling Company Plc recorded a 40 per cent increase in net profit to N18bn for the year ended 31 December 2025, up from N12.865bn in 2024. The company’s total revenue rose 21.8 per cent to N65.21bn from N53.54bn…
Key takeaways:Heavy outflows from Bitcoin exchange-traded funds and massive liquidations show that the market is purging highly leveraged buyers.Bitcoin options metrics reveal that pro traders are hedging for further price drops amid a tech stock sell-off.Bitcoin (BTC) slid below $73,000…
The Institute of Chartered Accountants of Nigeria (ICAN) has revealed its plans to align professional excellence with contributions to the growth of the Nigerian and global economy. The institute disclosed this at its 20th Western Zonal Accountants’ Conference with the…
The Executive Chairman of Onigbongbo Local Council Development Area, Moyosore Adebanjo, has declared free meals for staff of the council. Adebanjo made this known during the commissioning of the newly renovated staff canteen at the council secretariat. He said in…
Key points:Bitcoin remains under pressure as the bears attempt to hold the price below the crucial $74,508 level.Several major altcoins are struggling to bounce off their support levels, increasing the likelihood of the resumption of the downtrend.Bitcoin (BTC) bulls attempted…
Top energy investors and operators in Nigeria’s upstream oil and gas sector have called for regulatory consistency, contract sanctity and critical gas infrastructure to unlock the country’s long-term energy potential, amid intensifying global competition for capital. The call was made…
Quickteller Travel, the travel and tourism service powered by Interswitch, has received certification from the International Air Transport Association, a milestone that places the brand among a global network of trusted and accredited travel service providers. A statement from the…
Bitcoin’s (BTC) struggle to hold above $70,000 carried on into Wednesday, raising concerns that the a drop into the $60,000 range could be the next stop. The sell-off was accompanied by futures market liquidations, a $55 billion drop in BTC…
Lafarge Africa’s announcement on Wednesday of an aspiration to raise the capacity of two of its factories to 5.5 metric tonnes per annum caused its shares, which have been stuck at N157 since 27 January, to rise by 5.1 per…
Peak Milk, Nigeria’s leading dairy brand and Official Milk of the Super Eagles, played a key role in energising football fans across the country during the recently concluded Africa Cup of Nations, as the national team secured a bronze-medal finish.…
The comments came during Bessent’s Congressional testimony on Wednesday in a tense exchange with California Representative Brad Sherman.United States Treasury Secretary Scott Bessent testified before Congress on Wednesday and reiterated that the US will retain Bitcoin (BTC) acquired through asset…
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