Business
The Federal Government says it is engaging petroleum marketers and industry regulators to address concerns over fuel pricing and ensure Nigerians benefit from falling global crude oil prices. The Minister of Finance and Coordinating Minister…
Digital asset infrastructure provider Talos raised a $45 million extension to its Series B funding round, valuing the company at about $1.5 billion.The extension included new strategic investors such as Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside…
Operations at airports controlled by the Federal Airport Authority of Nigeria across the country may be disrupted on Monday as cargo agents plan a protest against the authority’s planned implementation of a new cargo tariff regime. Findings by The PUNCH…
Digital asset custodian Copper is reportedly weighing an initial public offering (IPO) shortly after rival BitGo debuted on the New York Stock Exchange, underscoring growing institutional appetite for cryptocurrency infrastructure companies. Citing sources close to the discussions, CoinDesk reported Thursday that…
Licensed Data Protection Compliance Organisation DataPro Limited has projected a surge in individual privacy claims and constitutional lawsuits in 2026, with organisations urged to remain “litigation ready” by preserving data processing records and strengthening internal controls. This was disclosed in…
Key takeaways:Bitfinex Bitcoin margin longs hit 2-year highs, but arbitrage suggests this isn’t a purely bullish price indicator.Bitcoin price drops as tech stock valuations and gold gains drive investors toward cautious, risk-averse behavior.Bitcoin (BTC) price plummeted to its lowest level…
Bukka Hut has reiterated its commitment to supporting small business owners following its annual Bukka Hut Yard Sale 6.0, which was held in December 2025. In a statement, the brand noted that its 2025 edition, themed ‘One Home, Many Stories’,…
21Shares has launched a Jito-staked Solana exchange-traded product in Europe, offering listed exposure to the SOL token with staking embedded.The 21Shares Jito Staked SOL ETP will trade under the ticker JSOL in US dollars and euros and is listed on…
FCMB Group posted a dramatic rise in earnings for 2025, with net profit increasing by 141.2 per cent, helped by a remarkable growth in interest income, its principal revenue source. The unaudited financial report of the banking group, released on…
The Industrial Revolution Working Group is actively working on a lasting solution to Nigeria’s persistent energy instability, following three national grid collapses in less than 30 days, according to the Manufacturers Association of Nigeria. The President of the Manufacturers Association…
Crypto-focused venture capital firm Escape Velocity has raised nearly $62 million to invest in decentralized physical infrastructure network (DePIN) projects, signaling continued venture interest in the sector despite a broader slowdown in crypto and technology funding.As first reported by Fortune…
The Federal Government has earmarked N7bn for the ongoing solarisation of the Presidential Villa, Abuja, in a bid to address Nigeria’s persistent power supply challenges, The PUNCH reports. The allocation is contained in the 2026 Appropriation Bill submitted to the…
Bitcoin’s (BTC) strong start to the year has been fully erased, with its price slipping to a new yearly low below $84,000. Analysts viewed this move as part of a broader corrective phase rather than a structural market breakdown, driven…
BUA Foods reported a 90.9 per cent boost in after-tax profit for 2025, taking its earnings to the highest on record amid a reasonable jump in revenue and drop in cost pressures. Turnover for the maker of sugar, flour and…
The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has said Nigeria’s financial sector reforms depend largely on sustained access to long-term capital from development finance institutions. Cardoso stated this on Wednesday in Abuja while hosting a delegation…
Bitcoin (BTC) fell to two-month lows Thursday as crypto joined stocks and precious metals in a snap sell-off.Key points:Bitcoin dives below $85,000 as macro assets suddenly tumble from record highs.Gold and silver shock market watchers as nerves over global financial…
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