The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said the impact of the United States/Israel and Iran conflict on Nigeria’s economy has been largely limited, attributing this to earlier economic reforms that strengthened the country’s buffers. Mr…

Bitcoin (BTC) halted its latest recovery at Wednesday’s Wall Street open as US traders sold off.Key points:Bitcoin nears $78,000 before the US open spoils momentum, continuing a trend from earlier in the week.US stock markets await Nvidia earnings amid a…

The Central Bank of Nigeria (CBN) said Nigeria’s gross external reserves stood at $49.49 billion as of 15 May, providing an import cover of 9.04 months for goods and services. CBN governor Olayemi Cardoso revealed the figure at the press…

Nearly 10% of the total Bitcoin supply is considered “structurally unsafe” due to a quantum computing breakthrough, as their output type reveals the public key by design, regardless of address management practices, according to data analytics platform Glassnode.Totaling about 1.92…

Market analysts say Ether’s (ETH) price may drop to $1,000 if a breakdown from a bearish chart pattern is confirmed.Key takeaways:Ether’s bear flag targets 50% ETH price drop to $1,075. Ether risks over $1.70 billion in long liquidations if the price…

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Wednesday retained the benchmark interest rate at 26.5 per cent. CBN Governor Olayemi Cardoso announced the decision at the conclusion of the bank’s two-day MPC 305th meeting,…

Digital assets platform Fireblocks has deepened its push into AI agent infrastructure by launching Agentic Payments Suite, a framework purpose-built to support the x402 protocol, as it also joined the x402 Foundation.Fireblocks said Wednesday that its full-stack solution would cover…

May 20, 2026 2:08 pm CBN Governor, Olayemi Cardoso. Photo: CBN / X The Monetary Policy Committee of the Central Bank of Nigeria has retained the benchmark interest rate at 26.5 per cent. The CBN Governor, Olayemi Cardoso, announced the…

Bitcoin (BTC) is down roughly 40% from its October 2025 record high, but a long-term valuation model suggests the cryptocurrency could erase the entire decline and rally to as high as $255,000 by year-end.Key takeaways:Bitcoin Decay Channel puts BTC’s conservative…

Market analysts say Bitcoin (BTC) is showing “momentum exhaustion” after its 8% drop from multi-month highs above $82,000, with bulls expected to defend key crucial support levels. Key takeaways:Bitcoin momentum weakens after rejection above the $82,000 level.Analysts warn BTC could fall…

OpenAI is opening its first applied AI lab outside the US in Singapore through a multiyear partnership with the Ministry of Digital Development and Information, backed by more than $234 million.The AI company said Tuesday that the new lab will…

Qivalis, a European banking consortium developing a regulated euro stablecoin, expanded to 37 member institutions on Wednesday after adding 25 new banks across 15 countries.The new members include ABN AMRO, Rabobank, Nordea and Intesa Sanpaolo. The Amsterdam-based consortium is targeting…

The Federal Airports Authority of Nigeria (FAAN) has assured travellers and other airport users that enhanced health surveillance measures have been activated across the country’s international airports following renewed Ebola concerns in parts of Central Africa. In a statement issued…

US President Donald Trump signed an executive order on Tuesday to review any barriers that might be stifling fintech innovation or preventing access to banking partnerships and payment rails.The order directs the Federal Reserve Board to evaluate the legal, regulatory…

Crypto asset manager Bitwise has called Hyperliquid “one of the most mispriced assets in crypto today,” despite its outperformance so far this year.“Hyperliquid is one of the most important crypto projects to emerge in years,” Bitwise investment chief Matt Hougan…