Thursday, October 15

Business

Gemini Taps Grok for Custom AI-Powered Prediction Markets

Crypto exchange Gemini has partnered with Elon Musk’s SpaceXAI to launch an artificial intelligence-powered feature for its prediction markets platform that will allow users to curate personalized feeds.Gemini said on Thursday that its “Command Center” offering would show markets based…

NRC stops Warri–Itakpe train service for safety checks

The Nigerian Railway Corporation has temporarily suspended operations on the Warri–Itakpe Train Service, citing operational challenges and technical recommendations from its engineers. The suspension, which took immediate effect, was announced in a statement on Wednesday by the Chief Public Relations…

Fidelity Bank Q1 gross earnings climb 38% to N435bn

Fidelity Bank Plc has recorded a 37.9 per cent growth in its gross earnings to N434.95bn for the first quarter of 2026, as the international commercial bank continues to expand its core banking market share. The interim report and accounts…

SOL’s 30% Open Interest Drop Puts  Back In Focus

Solana (SOL) futures dropped sharply in May as traders reduced leveraged exposure across all exchanges. SOL open interest (OI) dropped to $1.90 billion on Thursday from $2.75 billion on May 11, a 30% decline, while funding rates remained close to…

Afreximbank records 25% growth in Q1 profit

The African Export-Import Bank has announced a 25 per cent growth in net income for the first quarter of 2026, driven by strong lending activities, disciplined balance sheet management, and improved profitability. “This performance underscores the bank’s resilience and strong…

FairMoney expands asset financing support for SMEs

FairMoney Microfinance Bank has introduced a new financing product that will enable eligible transporters and delivery merchants to acquire business-use vehicles through structured repayment plans. According to the bank, these payment structures are explicitly tailored to match the daily and…

SEC’s Hester Peirce Defends Crypto Privacy Tools Amid Surveillance Concerns

US Securities and Exchange Commission (SEC) Commissioner Hester Peirce said financial privacy is becoming increasingly undervalued in US regulation, warning against treating privacy-preserving technologies with suspicion.Speaking Wednesday at Georgetown Law, Peirce described privacy-enhancing technologies, including cryptographic tools, as legitimate components…

Hormuz disruption boosts Nigeria’s crude exports to India

Disruptions to oil shipments through the Strait of Hormuz caused by the ongoing Israeli-United States conflict with Iran has boosted Nigeria’s crude exports to India in recent weeks as the country’s refiners turned to African and Latin American for supplies.…

Ethereum Metrics Strong, Price Lags

Standard Chartered says Ethereum’s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the gap between usage and price could eventually narrow.Ethereum’s internal metrics, including transaction counts and total value…

Axxela appoints new GCEO, CFO

Axxela Limited has announced the appointment of Moshood Olajide as its Group Chief Executive Officer. Olajide takes over following the retirement of Timothy Ononiwu, prompting a management reshuffle that also led to the appointment of Yetunde Demuren as the new…

NMDPRA boss unveils operational overhaul agenda

The Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Mr Rabiu Umar, has unveiled an operational overhaul agenda aimed at strengthening regulatory discipline, improving efficiency, and deepening professionalism across the oil and gas regulatory space. Umar…

Trezor Launches USDC, USDT Yield in Trezor Suite Through Morpho

Trezor has integrated native stablecoin yield functionality into Trezor Suite, the hardware wallet provider’s desktop and mobile application, in a move that could make earning yield on stablecoins more accessible to users who have traditionally avoided decentralized finance due to…

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