Tuesday, June 30

Business

SEC Wins .4 Million Crypto Fraud Case

The US Securities and Exchange Commission has won its fraud suit against crypto platform NanoBit Limited, nearly two years after the agency accused it of stealing hundreds of thousands of dollars from at least 18…

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Bitcoin’s K Last Support At Risk: Will Altcoins Follow?

Key points:Bitcoin’s break below $84,000 tilts the advantage in favor of the bears, opening the doors for a potential fall to $74,508.Several major altcoins have slipped below their support levels, signaling that the bears are attempting to take charge.Bitcoin (BTC)…

NCAA mandates special needs options on flight ticket platforms

The Nigeria Civil Aviation Authority has given a seven-day ultimatum to all domestic airlines to integrate a mandatory special needs assistance option on their ticket reservation platforms to improve access for passengers with disabilities and persons with reduced mobility. The…

Tether Reaches Record High Treasury Holdings, Profits Fall

Tether, the issuer of USDt, the world’s largest stablecoin, reported around $3 billion less in net profits in 2025, while its US Treasury holdings reached new all-time highs.In a report published on Friday and prepared by accounting firm BDO, Tether…

Alternative Bank urges stable policies to unlock private capital

The Executive Director, Commercial and Institutional Banking for Lagos and the South-West at The Alternative Bank, Korede Demola-Adeniyi, has called for stronger public-private collaboration and predictable policies to accelerate blended finance and mobilise private capital for inclusive growth. According to…

Kraken-Backed SPAC Closes 5M Nasdaq IPO

Kraken-backed KRAKacquisition Corp has completed an upsized $345 million initial public offering, listing its special purpose acquisition company units on Nasdaq to pursue future mergers or acquisitions.According to a Friday announcement, the special purpose acquisition company (SPAC) sold 34.5 million…

Elizade JAC, Sterling Bank partner on auto financing

Elizade JAC Autoland Limited says it has entered into a strategic partnership with Sterling Bank Plc to expand access to brand-new vehicles for Nigerians through structured and flexible financing options of up to four years, as both organisations seek to…

Bitcoin Options Flash Extreme Fear: Is Sub-K BTC Next?

Key takeaways:Bitcoin options show the highest level of fear in a year, as traders brace for the possibility of a deeper selloff. Bitcoin markets might be more stable due to high-risk leveraged positions being liquidated.Bitcoin (BTC) underwent a sharp 10% correction…

Nigeria advances research commercialisation talks with Türkiye

Nigeria has stepped up talks with Türkiye on converting publicly funded research into commercial products, as Africa’s largest economy looks to harness innovation to support growth and industrial development. The discussions were held during meetings in Türkiye on the sidelines…

CZ Rejects Claims Binance Fueled Historic Crypto Liquidation Crash

Former Binance CEO Changpeng “CZ” Zhao has pushed back against allegations that the cryptocurrency exchange played a role in the largest liquidation event in crypto history, a sell-off whose effects are still rippling through markets more than three months later.Speaking…

SoFi Reports Record Q4 Earnings as Crypto, Stablecoin Push Expands

SoFi Technologies reported record fourth-quarter revenue of $1 billion as the US fintech bank reintroduced consumer crypto-based products.According to its earnings report released Friday, adjusted net revenue rose 37% year-on- year to $1 billion, while GAAP net income reached $173.5…

Transcorp hotels posts record revenue of N97.04bn

Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has reported a historic revenue worth 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…

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