Tezos, a layer-1 proof-of-stake blockchain network, implemented its latest protocol upgrade, Tallinn, on Saturday, which reduced block times on the base layer to 6 seconds. The latest upgrade is the 20th update to the protocol, which reduces block times, slashes…

The Lagos State Internal Revenue Service has warned taxpayers against engaging in artificial or fictitious transactions designed to reduce tax liabilities. According to LIRS, such arrangements will be disregarded under the Nigeria Tax Administration Act (NTAA), 2025, and may expose…

Cathie Wood’s ARK Invest has increased its exposure to crypto-linked equities, adding shares of Coinbase, Circle and Bullish as prices slid across the sector.According to ARK’s daily trade disclosures for Friday, the ARK Innovation ETF (ARKK) purchased 38,854 shares of…

Colombia’s second-largest private pension and severance fund manager, AFP Protección, is preparing to launch an investment fund with exposure to Bitcoin.Juan David Correa, president of Protección SA, confirmed the initiative during an interview with local outlet Valora Analitik. According to…

Nifty Gateway, one of the earliest and most recognizable NFT marketplaces, is set to shut down operations next month, marking another high-profile exit amid the sector’s prolonged downturn.“Today, we are announcing that the Nifty Gateway platform will be closing on…

Peak Milk has concluded its 2025 Christmas campaign, tagged “Enjoy Christmas At Its Peak,” as part of its strategy to strengthen consumer engagement and reinforce its positioning in Nigeria’s competitive dairy market during the peak festive period. The campaign, according…

Polymarket betters are pricing in a 77% chance that the US government will shut down again before the end of January, marking a 67% increase over the past 24 hours.It comes as the CLARITY Act, a significant crypto bill aimed…

A member of the Monetary Policy Committee of the Central Bank of Nigeria, Aloysius Uche Ordu, has warned that persistent delays in fiscal reporting, particularly by state governments, are obscuring policy assessment, undermining transparency, and discouraging investment across the country.…

The Office of the Tax Ombud has assured Nigerian taxpayers of improved protection and fair treatment as it begins implementing guidelines aimed at safeguarding taxpayer rights, strengthening trust, and enhancing voluntary tax compliance. The assurance followed a meeting held recently…

The International Monetary Fund has called on central banks to exercise caution in cutting interest rates, emphasising that maintaining price stability remains critical amid uneven growth and persistent inflation pressures. In its latest 13-page World Economic Outlook update, the Fund…

Nigerians spent a total of $985m importing motor vehicles and parts from the United States in the first 10 months of 2025, marking a sharp rise from the $543m recorded in the corresponding period of 2024, latest data from the…

US-based spot Bitcoin exchange-traded funds (ETFs) have extended their outflow streak to five days as crypto market sentiment continues to wane.Spot Bitcoin (BTC) ETFs posted $103.5 million in net outflows on Friday, continuing an outflow streak that began the previous…

Founder of Rifugio Communications Limited, Dr Kayode Thomas, discusses Nigeria’s mobile phone market with DARE OLAWIN, reflecting on the company’s growth journey, operational challenges, and expansion plans. He also shares what continues to motivate his investments in Nigeria despite prevailing…

The biggest obstacle to Bitcoin (BTC) being used as a payment method is tax policy, not scaling technology that reduces settlement times and transaction costs, according to Pierre Rochard, a board member for Bitcoin treasury company Strive. “Here’s a metaphor: the…

The Nietzschean Penguin (PENGUIN) token, a memecoin launched on the Solana layer-1 blockchain network, surged by about 564% following a social media post from the United States White House.On Friday, the White House published a social media post on X…