Tuesday, June 30

Business

Firm provides N300m grants for women entrepreneurs

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…

Innovation network targets m funding, job creation

The Innovation Support Network has unveiled a strategic roadmap aimed at redefining the impact of innovation hubs across Nigeria by the fourth quarter of 2027, with plans to scale 120 innovative businesses, create over 10,000 jobs, and secure $3m in…

Strategy’s Saylor Hints It Bought Bitcoin Dip After Weekend Slide

Strategy founder Michael Saylor has hinted his firm added to its Bitcoin holdings after the cryptocurrency slid more than 13% over the weekend, briefly pushing the company’s large BTC position into the red. “More Orange,” the Strategy executive chairman posted to…

How financial reforms lifted Nigeria off EU high-risk list

Sweeping financial sector reforms strengthened transparency, tightened oversight, and rebuilt global confidence, ultimately helping Nigeria secure removal from the European Union’s high-risk list, JUSTICE OKAMGBA reports The European Union’s decision to remove Nigeria from its list of high-risk jurisdictions for…

Crypto Bridge Protocol CrossCurve Exploit

Crypto bridge CrossCurve has told users to pause interacting with its protocol while it conducts an investigation into a smart contract breach.Crypto protocol CrossCurve said its cross-chain bridge has been attacked, with reports that $3 million has stolen across multiple…

US Winter Storm Hits Bitcoin Miner Production, Data Shows

New data is providing a clearer picture of how January’s US winter storm affected Bitcoin mining operations, showing that daily production among publicly traded miners dropped sharply during the disruption.The storm swept across large parts of the continental United States,…

Bitcoin Sell-Off Pushes IBIT Investor Returns Into the Red, CIO Says

Bitcoin’s sharp decline over the weekend has likely pushed the aggregate investor position in the largest spot Bitcoin exchange-traded fund (ETF) into negative territory, underscoring the severity of the recent downturn.According to Bob Elliott, chief investment officer at asset manager…

Alternative Inflation Data Shows Sharp Cooling in US CPI

Alternative inflation data is pointing to a sharp cooling in US prices, reinforcing the case for interest rate cuts and carrying broader implications for risk assets, including cryptocurrencies.After the Federal Reserve paused rate cuts last week and signaled no clear…

Bitcoin Adds to Bear Market Worries as K Becomes a Target

Bitcoin (BTC) gained sub-$50,000 ahead of Sunday’s weekly close as bulls failed to recover from ten-month lows.Key points:BTC price targets stay bearish as Bitcoin bulls lick their wounds at ten-month lows.CME futures gaps may provide some temporary relief into the…

Step Finance Treasury Breach Sparks M SOL Loss, STEP Plunges

Step Finance, a decentralized finance portfolio tracker on Solana, has disclosed a security breach that led to the compromise of several treasury wallets, triggering a sharp sell-off in its native token.“Earlier today several of our treasury wallets were compromised by…

SBF Ramps Up Donald Trump Support After Ellison Release

Disgraced FTX founder Sam Bankman-Fried has ramped up his social media praise for US president Donald Trump while taking aim at former president Joe Biden, just days after Caroline Ellison, the former CEO of Alameda Research, was released from federal…

FG’s N105bn housing budget fails to impress stakeholders

The Federal Government has increased the budgetary allocation to the Federal Ministry of Housing and Urban Development by seven per cent, raising it from N98.13bn in 2025 to N105bn in the 2026 Appropriation Bill. Budget documents show that the allocation…

‘Decent Chance’ Bitcoin Already Bottomed at K: Analyst

Bitcoin’s fall of around 7% to $77,000 on Saturday might have marked the low of this cycle, according to Bitcoin analyst PlanC.It comes as other crypto analysts continue to call for further downside for Bitcoin (BTC) in the coming months.“Decent…

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