Tuesday, June 30

Business

NCDMB empowers 250 youths with solar, vocational skills

The Nigerian Content Development and Monitoring Board, in collaboration with Jake Riley Academy, has trained 250 youths in Lagos in solar installation and other high-demand vocational skills as part of efforts to promote self-reliance and job creation. The beneficiaries graduated…

Gold Almost Adds Bitcoin’s Market Cap in a Day

Bitcoin traded down on Wednesday as gold rallied 4.4% over 24 hours, adding a massive $1.65 trillion to its market cap in a single day. Gold breached $5,500, bringing it to a new all-time high, while its total market cap rose…

NUPRC opens 50 oil blocks for bidding

The Nigerian Upstream Petroleum Regulatory Commission has opened 50 oil and gas blocks across five sedimentary basins for bidding and exploration in the 2025 licensing round, warning that only technically competent and financially strong firms will be allowed to scale…

Liquidity Will Decide BTC’s Next Rally: Glassnode

Bitcoin price breakouts fail to hold due to insufficient bid-side liquidity. Glassnode analysis identifies the key metrics that are likely to mark the next phase of BTC price expansion.Bitcoin (BTC) bulls managed to prevent a price drop into the $80,700…

NIWA sustains private sector collaboration to boost efficiency

The National Inland Waterways Authority said it is sustaining collaboration with the private sector to enhance efficiency and expand service delivery. According Wednesday’s statement, the Acting Managing Director of NIWA, Yusuf Girei, disclosed this in Abuja when the Permanent Secretary…

MegaETH Mainnet Launch Locked in For Feb. 9

Ethereum layer 2 MegaETH has penciled its mainnet launch for Feb. 9 after a rigorous “global stress test” last week to ensure the high‑speed chain is ready for public use.“Get ready for the fastest* EVM chain ever,” MegaETH co-founder and…

Sahara Group supports UNILAG research with ,000 grant

Sahara Group has reinforced its push for sustainable development and human capital growth in Africa with the award of a total of $36,000 under its Making A Difference Grant initiative to three academics of the University of Lagos. The beneficiaries,…

Nigerian shipowners seek improved funding to compete globally

The Shipowners Association of Nigeria has stated that with improved access to funding through the Cabotage Vessel Financing Fund, Nigerian operators will be better equipped to compete more effectively with foreign operators. The President of SOAN, Sunny Eja, stated this…

TRS to ease cargo bottlenecks, boost trade – Gambo

The Customs Area Controller in charge of the Federal Operations Unit, Zone A, of the Nigeria Customs Service, Aliyu Gambo, has described the newly launched Time Release Study as a transformative tool that will drastically reduce cargo clearance delays, improve…

Strive Buys BTC, Pays Off Debt from Semler Scientific Deal

Bitcoin treasury company Strive said it has retired 92% of the debt it inherited after acquiring Semler Scientific earlier this month, and bought another 334 Bitcoin, following the closure of a preferred stock offering.Strive said on Wednesday that it saw…

Multi-Trex gets NGX nod to  increase public shareholding

Multi-Trex Integrated Foods Plc has secured approval from the Nigerian Exchange to take steps aimed at increasing its public shareholding, following a recapitalisation that left its free float below the Main Board requirement. According to a statement signed by the…

Fed Pauses Rates as Weak Dollar Shapes Bitcoin, Crypto Outlook

The US Federal Reserve voted to leave interest rates unchanged on Wednesday, a decision that was widely anticipated by investors. While the move signals a pause for now, market commentators suggest a path toward monetary easing could still emerge indirectly.Members…

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