Tuesday, June 30

Business

Bitcoin Rethinks a ,000 Breakout Despite a US Dollar Nosedive

Bitcoin (BTC) attempted a rebound past $90,000 at Wednesday’s Wall Street open as markets awaited US macro cues.Key points:Bitcoin struggles to hold a $90,000 uptick as gold surges and US dollar strength crumbles.The Federal Reserve interest-rate decision sees flat moves…

Nigerian firms secured .5bn World Bank deals – Official

The World Bank has revealed that Nigerian companies have emerged as one of the biggest beneficiaries of development procurement globally, ranking fifth worldwide in contracts awarded to local contractors. This was disclosed on Tuesday at the World Bank Group Business…

Fidelity to Launch Stablecoin Through National Trust Bank

Fidelity Investments plans to launch a new stablecoin next month, marking a logical next step for the asset manager as it expands its digital-asset infrastructure following conditional approval for a national trust bank from the Office of the Comptroller of…

Bird strike, weather disrupt Air Peace flights

Air Peace on Wednesday said adverse weather conditions and a bird strike disrupted some of its scheduled flights on major domestic routes, including Lagos–Port Harcourt and Abuja–Owerri. The airline disclosed this in a press release, stating that poor visibility caused…

IATA warns airlines of rising legal, regulatory pressures

The International Air Transport Association has raised concerns over mounting legal and regulatory risks confronting airlines globally, as it announced plans to hold the 2026 World Legal Symposium in Warsaw, Poland. The symposium, scheduled for 17 to 19 February and…

How High Can HYPE’s Price Go After 58% Gains in 72 Hours?

Hyperliquid’s native token, HYPE (HYPE), is up 23% over the last 24 hours to trade at $33, significantly outperforming other top-cap cryptocurrencies. The altcoin has gained 58% over the last three days to an eight-week high of $34.5 as commodities…

Jetour partners seven automobile dealers

Jetour Nigeria has announced strategic partnerships with seven major auto dealerships across the country, a move expected to reshape competition in Nigeria’s automotive market. The company disclosed the development in a statement signed by its Nigerian representative, Kemi Adeola. She…

Top Bitcoin Mining Stocks Soar Over US Winter Storm Hashrate Decline

Bitcoin mining stocks saw a significant bump on Wednesday after the US winter storm forced some companies to wind down operations, leading to lower block competition and more profitable mining operations.Shares of several major mining companies posted double-digit gains over…

Air Peace, Emirates partner to expand Africa–UK connectivity

Emirates Airline and Air Peace have activated a bilateral interline agreement aimed at expanding air connectivity between Africa, the United Arab Emirates and the United Kingdom. The partnership, which builds on an existing relationship between the two carriers, will allow…

Speculative Capital Flows To Robotics, AI, From Crypto: Delphi Digital

Speculative capital is increasingly flowing out of cryptocurrency markets and into other emerging technologies such as artificial intelligence and robotics, according to research company Delphi Digital.Last year’s underperformance of most altcoin sectors shows that crypto is no longer the “default…

Quickteller debuts music, cultural experience in Lagos

Quickteller, a digital payments platform powered by the Interswitch Group, has unveiled InsomniaQ, its new music and culture experience. It stated in a statement on Tuesday that the unveiling was done recently at a press briefing in Lagos, adding that…

Gold at ,300 Splits Strategies at Tether and Coinbase

As gold prices surged to $5,300 this week, Tether and Coinbase — the two companies behind the world’s largest US dollar stablecoins — are taking different approaches to gaining exposure to the precious metal. Spot gold climbed above $5,300 per…

Air France water protest video not recent, NCAA clarifies

The Nigeria Civil Aviation Authority said the viral video of passengers on an Air France flight aggressively demanding water is old and has no link to any Abuja-bound flight, despite claims circulating on social media. The Director of Public Affairs…

Bitcoin ETFs Hit a ‘Pivot’ Amid Reports of New Buyer Surge

Bitcoin ETF investors contend with price dropping to their aggregate entry level, but a crypto executive claimed that new institutions were lining up.Bitcoin (BTC) institutional investors face a test of “conviction” as exchange-traded fund (ETF) holdings tumble by $6 billion.Key…

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