The Federal Government has proposed a budgetary allocation of N420.97m for the NigComSat-2 Project in the 2026 fiscal year, signalling a scaled-down but sustained push to advance Nigeria’s next-generation satellite communications programme. Details from the 2026 Appropriation Bill show that…

Stakeholders in Nigeria’s oil and gas industry have said recent fiscal reforms, particularly the Nigeria Tax Act 2025, hold significant potential to unlock value across the country’s energy value chain if effectively implemented. They made this known at the 2026…

Key takeaways:SOL fell to 2026 lows as tech sector layoffs and artificial intelligence revenue concerns hit markets.Despite the bleak environment, Solana outpaced competitors with network fees jumping 81%, securing its vice-leadership.Solana’s native token, SOL (SOL), traded down to $100.30 on…

The Managing Director/Chief Executive Officer of Arthur Stevens Asset Management Limited, Mr Tunde Amolegbe, has stated that Nigeria’s proposed 25 per cent capital gains tax on investment profits could play a crucial role in reducing market volatility and discouraging speculative…

Kuda Microfinance Bank has said that it would blend its digital-first operations with physical touchpoints across the country under its newly issued national licence. This was disclosed in a statement issued by the company on Friday. The Central Bank of…

Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has reported a historic revenue of N97.04bn in 2025, which is 38 per cent higher than N70.13bn in the previous year. This was indicated in the audited financial reports of…

First Holdco Plc recorded a 75.5 per cent surge in impaired credit provision in 2025, compared to 2024, according to its unaudited financial statements issued on Friday, causing the financial services group to put aside N748.1 billion to cover problem…

BitMine Immersion Technologies, a publicly traded cryptocurrency treasury company linked to investor Tom Lee, is carrying significant unrealized losses on its Ether holdings following the latest wave of market liquidations, underscoring the risks facing crypto balance-sheet strategies during sharp downturns.After…

Bitcoin saw a sudden weekend liquidity cascade that took BTC price to near $75,000 for the first time since its April 2025 low.Bitcoin (BTC) fell over 7% during weekend trading as a fresh price collapse liquidated $800 million.Key points:Bitcoin drops…

CoreWeave’s transformation from a crypto-mining operator to a large-scale AI infrastructure provider highlights a broader shift in how computing resources are reused across technology cycles.In its latest newsletter, The Miner Mag outlined how Ethereum’s move away from proof-of-work reduced demand…

Group Chairman of First Bank Holdings, Mr Femi Otedola, has defended the company’s decision to take a one-time charge of N748bn to clear legacy bad loans, describing the move as a strategic step toward long-term stability despite its impact on…

Opinion by: Robert Schmitt, founder and co-CEO at CorkDeFi has entered its institutional phase. As large investors dip their toes into crypto ETFs and digital asset treasuries (DATs), the ecosystem is gradually evolving into an institutional-grade financial system in its…

Venture capital and institutional money are flowing back into digital asset companies at the start of 2026, with industry data showing $1.4 billion committed across venture rounds and public market listings.The largest transactions included Visa-linked stablecoin issuer Rain, which reached…

Femi Otedola, the Chairperson of First HoldCo Plc, has raised his stake in the financial services group to 18.1 per cent, according its unaudited financial report for 2025 released on Friday. The billionaire tycoon’s direct shareholding in the entity stood…

Ether (ETH) could see another sharp drop after losing the support level at $2,800, with technical charts and onchain data suggesting the downtrend will continue. Key takeaways:Ether’s descending and symmetrical triangle setups converge at $2,100.Ether is at levels that have…