The average retail price of Premium Motor Spirit (petrol) rose to ₦1,532.93 per litre in April 2026, up from ₦1,288.54 recorded in March, according to data released by the National Bureau of Statistics (NBS) on Friday. The latest Premium Motor…

Bitcoin’s (BTC) latest drawdown to $72,000 has coincided with a sharp drop in its market capitalization, pushing it out of the global top 10 assets by market cap.Key takeaways:Bitcoin fell to 13th place among global assets after its market cap…

Strategy is facing renewed scrutiny over its preferred stock financing model as investors question whether dividend obligations could eventually pressure the company to sell some of its Bitcoin.The Strategy situation has “gotten out of hand,” Arca chief investment officer Jeff…

US President Donald Trump said Wednesday that he intended to codify a “future-proof digital asset market structure,” likely referring to the Digital Asset Market Clarity Act (CLARITY) under consideration in the US Senate.In a post to his Truth Social platform…

South Korean crypto exchange Coinone said Korea Investment & Securities (KIS) and OKX Ventures agreed to invest a combined 160 billion won ($106 million) for a 19.6% stake in the platform.The investment, which remains subject to regulatory approval, would make…

When Bitcoin (BTC) finally escaped from its channel pattern and secured a multiple-day close above the $77,000 resistance, traders rejoiced and declared the downtrend over. Fast-forward to the present and BTC has fallen below multiple support levels and appears at risk…

Sui Network is back online after a nearly six-hour outage on Thursday, which it attributed to a bug introduced by an update, marking the layer-1 blockchain’s second period of downtime in 2026.Sui posted to X on Thursday that activity on…

Blockchain infrastructure platform and stablecoin issuer Paxos says it has become the first “blockchain-native” firm that the US Securities and Exchange Commission has granted registration as a clearing agency.Paxos said on Thursday that its subsidiary, Paxos Securities Settlement Company, has…

An increasing number of Bitcoin holders are seeing their investments turn red as the holding structure continues to deteriorate across major cohorts, according to CryptoQuant. Annual balance growth for whale accounts holding between 1,000 and 10,000 Bitcoin (BTC) has turned negative…

Key takeaways:Bears gained a major edge ahead of Friday’s $9 billion options expiry, especially if Bitcoin price stays below $74,000.Spot Bitcoin ETF outflows and corporate BTC balance reductions fueled market pessimism.Bitcoin (BTC) retested the $72,500 level for the first time…

The Rural Electrification Agency has signed two major memoranda of understanding aimed at deepening Nigeria’s clean energy transition, strengthening agro-industrial productivity, and accelerating innovation-driven economic development across the country. The agreements, signed with the Nigerian Commodity Exchange and the Young…

Bitcoin’s drop below $73,000 on Wednesday marks a short-term turning point for the market, as multiple BTC distribution signals point toward rising sell-side pressure. While the increasing chance of a correction into the $60,000 to $70,000 range remains in play, long-term…

A global workspace provider, Regus, has expanded its presence in Abuja with the opening of a new facility aimed at providing flexible office solutions for entrepreneurs, startups and corporate organisations. Speaking during the opening ceremony recently, the Country Manager of…

Bit Digital purchased $20 million worth of Ether earlier this month, increasing its holdings to roughly 158,462 ETH. The Nasdaq-listed company said Thursday it acquired 8,568 ETH (ETH) on May 11 at an average price of $2,334.25 per token.CEO Sam…

Nigeria’s instant noodles brand, Indomie, has celebrated over 100,000 children nationwide as part of its 2026 Children’s Day activities, reinforcing its commitment to children’s happiness, development, and family bonding across the country. It said in a statement on Wednesday that…