Monday, June 29

Business

Nigeria to partner global allies on clean energy – Tinubu

President Bola Tinubu on Tuesday said Nigeria is ready to collaborate with African nations, global partners, and the private sector to deliver cleaner, affordable, inclusive, and more secure energy. He said energy plays a critical role as the invisible force…

ETH’s Negative Funding Rates May Not Be A Buy Signal This Time

Key takeaways:Ether dropped 28% in a week to $2,110 as investors cut risk and markets wiped out leveraged traders.Spot ETH ETF outflows reached $447 million as Ethereum network activity fell by 47%.Ether (ETH) plummeted to $2,110 on Tuesday, signaling fragility…

Bitcoin’s Next Step May Depend On US Credit And Debt Conditions

Bitcoin (BTC) scratched new lows below $73,000 on Tuesday as data shows troubling macroeconomic challenges bubbling below increasingly volatile markets. New data highlights tightening credit conditions, even as the US debt and borrowing costs stay elevated, and one analyst says…

Why cement prices are high in Nigeria

A report by the policy think tank Agora Policy has blamed weak competition in Nigeria’s cement industry for persistently high cement prices and rising construction costs nationwide. The report, published on Tuesday by Agora Policy, a Nigerian think tank committed…

Bitcoin Hits 2026 Low Under K But Analyst Says It’s Normal

Bitcoin fell under $73,000 as futures liquidations soared and worries over this week’s US corporate earnings triggered a stock sell-off. Will traders finally step in to buy “discounted” BTC?Bitcoin (BTC) tumbled to a new 2026 low of $72,945 on Tuesday…

Galaxy Digital Reports 2M Net Loss in Q4 2025

The crypto company reported significant net losses to its balance sheet in 2025 due in part to “lower digital asset prices and approximately $160 million of one-time costs.“Digital assets and AI infrastructure company Galaxy Digital reported a net loss of…

VistaShares Debuts BTYB, a Treasury ETF with Bitcoin-Linked Exposure

VistaShares has launched BTYB, an actively managed exchange-traded fund (ETF) listed on the New York Stock Exchange that allocates most of its assets to US Treasurys while using options strategies to provide weekly income and Bitcoin-linked price exposure.According to the…

Spain to Follow UK with Plans to Ban Social Media for Under 16s

Pedro Sánchez announced that Spain would implement several changes to laws impacting social media platforms starting next week, with potential criminal liability for executives.Spain’s Prime Minister Pedro Sánchez said that the country plans to ban access to social media for…

Lasaco Assurance slumps into annual loss as FX gains fade out

Lasaco Assurance fell into lossmaking position in 2025 as the significant foreign exchange gains that boosted profit the year before faded out, and insurance service result turned negative for the second year running. The life and general insurance provider recorded…

These Metrics Suggest 0 Was the Local Bottom

Solana (SOL) price has possibly formed a bottom around $100 on multiple time frames, a setup that could help SOL price recover toward $260 in the long term.Key takeaways:SOL must break several resistances before $260SOL’s price action has led to…

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