Business
Bitcoin (BTC) trades at an important inflection point as retail investors are selling, big institutions are in a hold despite the discounted valuation and the market is paused at $60,300—awaiting the next significant move. The…
Key points:Bitcoin has started a relief rally, which is expected to face selling near $84,000.Several major altcoins are at risk of breaking below their support levels if the bulls fail to clear the overhead resistance levels.Bitcoin (BTC) turned up from…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has cautioned Nigerians against fraudulent recruitment schemes being peddled by individuals posing as agents of the agency. In a disclaimer issued on Tuesday and signed by George Ene-Ita, director of the…
Access Bank Plc has appointed Ifeyinwa Osime as Chairman of its Board, following the retirement of Paul Usoro on January 29, 2026, upon the completion of his regulatory tenure. The appointment was disclosed to the Nigerian Exchange Limited in a…
Bed Bath & Beyond has signed an agreement to acquire Tokens.com as part of a push into real estate finance and tokenized real-world assets, combining traditional financial products with blockchain-based infrastructure.According to a company announcement on Monday, Tokens.com, a blockchain-focused…
Key takeawaysIndia’s e-rupee has evolved from a domestic digital payment experiment into a strategic instrument aimed at influencing cross-border trade, remittances and tourism flows.The e-rupee represents sovereign digital money, enabling direct and final settlement without relying on multiple intermediaries for…
Three subsidiaries of Dangote Industries Limited—Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc—have scaled up their Gas Sales and Purchase Agreements (GSPAs) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd) to meet the growing energy…
Zest Payments Limited, a fintech subsidiary of Stanbic IBTC and part of the Standard Bank Group, has partnered Huawei Cloud to strengthen Nigeria’s digital payments infrastructure and deliver stable, scalable and compliant payment services nationwide. According to a joint statement…
Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, disclosed fresh BTC purchases for the week as the prices briefly dropped below $75,000.Strategy acquired 855 Bitcoin (BTC) for $75.3 million last week, according to a US Securities and Exchange Commission…
A total sum of N1.969 trillion, being the December 2025 Federation Account revenue, has been shared among the Federal Government, states and local government councils. This was disclosed in a communiqué from the Federation Account Allocation Committee, made available on…
US President Donald Trump has nominated former Federal Reserve governor Kevin Warsh to lead the US central bank, a move that has sent mixed signals for cryptocurrency markets and US dollar liquidity, according to market analysts.Trump nominated Bitcoin-friendly Warsh on…
First Abu Dhabi Bank has announced that it will open a representative office in Lagos, Nigeria, as part of its sub-Saharan expansion push. This was disclosed on Monday at the first Investopia Africa event held in Lagos by the Group…
South Korea’s financial watchdog has expanded the use of artificial intelligence to monitor digital asset markets, signaling a shift toward automated, data-driven enforcement as trading activity grows more complex. On Monday, the country’s Financial Supervisory Service (FSS) said it has upgraded…
Binance has kicked off its $1 billion SAFU conversion into Bitcoin with a $100 million purchase, shifting its user protection fund out of stablecoins and into BTC.Crypto exchange Binance has bought its first 1,315 Bitcoin as part of its conversion…
Crypto investment products continued their sell-off last week as investor sentiment weakened, marking two consecutive weeks of outflows.Crypto exchange-traded products (ETPs) saw $1.7 billion in outflows during the week, the European crypto investment company CoinShares reported on Monday.The outflows were…
Nigerian stocks slightly depreciated by 0.1 per cent last week, driven by profit taking in bank stocks. That leaves the year-to-date yield of the main equity index at 6.3 per cent. Trade volume eased, compared to the previous week, by…
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