Business
The UK’s Financial Conduct Authority (FCA) has published its landmark crypto regulatory framework, marking the completion of its crypto roadmap seeking to bring digital assets under the regulator’s purview. Significant new elements include mandatory licensing for…
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…
Bitcoin (BTC) started the first week of February near 16-month lows as traders see further downside next.BTC price weakness compounds after a grim weekend, with BTC/USD reaching levels not seen since November 2024.RSI values form the main basis for expecting…
Nigeria’s oil exports will fall by 225,000 barrels per day in February following the shutdown of the Bonga FPSO for scheduled turnaround maintenance. The News Agency of Nigeria reports (NAN) that gas output will also decline by 150 million standard…
Prediction markets have turned more bearish on Bitcoin, after a weekend sell-off briefly pushed prices below $75,000 on Monday.On Polymarket, the odds of Bitcoin (BTC) falling below $65,000 in 2026 climbed to 72% on Monday, with almost $1 million in…
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Nigerian government to urgently adopt what it described as a “rules-based Farm Price Stabilisation and Farmer Income Protection Framework” to safeguard food security, rural livelihoods and long-term…
Bitcoin is trading below the average cost basis of US spot Bitcoin ETFs after they recorded their second and third-biggest outflow weeks last month, according to Galaxy’s head of research, Alex Thorn.The total assets under management for US Bitcoin ETF…
Japanese banking giant Nomura will reportedly reduce its exposure to crypto, citing the current tough market climate and a dip in profits from overseas in the third quarter.Nomura chief financial officer Hiroyuki Moriuchi said that the firm would look to…
Veteran broadcaster and Chairman/Chief Executive Officer of Channels Media Group, Dr John Momoh, has been named the lead speaker at the 2026 Rotary International District 9112 Team Learning Seminar, a high-level leadership forum scheduled for February 20–21, 2026, at the…
The value of cryptocurrency stolen through exploits and scams reached $370.3 million last month, the highest monthly figure in 11 months and a nearly fourfold rise from January 2025. Crypto security company CertiK said on Saturday that of the 40 exploit…
International Breweries Plc recorded a rebound in its financial performance in the 2025 financial year, as revenue rose by 26.8 per cent to N620.1bn, from N489.0bn in the corresponding period of 2024, driven largely by improved beer sales volumes, better…
Ethereum co-founder Vitalik Buterin has proposed a new creator token model that combines decentralized autonomous organizations (DAOs) with prediction market mechanics to incentivize higher-quality content creation.Creator tokens, or content coins, are blockchain-based assets that can grant fans a slice of…
Ingryd Academy, a technology talent outsourcing and training company, has gone fully digital and also become an examination centre, expanding access to its courses globally. The announcement was made by Managing Director, Khadijat Abdulkadir, during the Panel Session, “The Talent…
The Zamoskvoretsky Court in Moscow has reportedly ordered BitRiver CEO Igor Runets to remain under house arrest amid tax evasion charges. The founder and CEO of Russian Bitcoin mining firm BitRiver, Igor Runets, has reportedly been detained and charged with multiple…
The Federal Ministry of Works is targeting May 29, 2026, for the inauguration of the 29.5-kilometre Bida–Zungeru–Wushishi road in Niger State, as construction intensifies on major highways ahead of President Bola Tinubu’s third anniversary in office. The target date was…
Flourish Africa, a women-focused empowerment initiative founded by Apostle Folorunsho Alakija, has rolled out N300m in grants for women entrepreneurs across the country, following a rigorous national training and business pitch process. The grant announcement was made at Flourish Africa’s…
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