Business
Bitcoin’s ‘Santa’ rally may be ignited by macroeconomic tailwinds, including the Federal Reserve’s incoming interest rate decision, but fearful investor sentiment may take another hit by any hawkish remarks from central bank officials. Improving liquidity…
The Dangote Refinery supplied an average of 18.03 million litres of petrol per day between October 2024 and October 2025, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The NMDPRA October 2025 ‘State of the…
Strategy would consider selling Bitcoin only if its stock falls below net asset value and the company loses access to fresh capital, CEO Phong Le said in a recent interview.Le told the What Bitcoin Did show that if Strategy’s multiple…
Bitcoin (BTC) is repeating its latest bull market bottom with near 100% correlation in 2025.Key points:Bitcoin is tracking the 2022 bear market with concerning accuracy, with the end of the year just a month away.November is among the worst on…
BlackRock’s spot Bitcoin exchange-traded fund (ETF) closed November under pressure after experiencing heavy withdrawals, but the asset manager remains confident in its long-term outlook for the product.Speaking in São Paulo, BlackRock business development director Cristiano Castro said the company’s Bitcoin…
Cash held outside the banking sector rose sharply in October 2025, climbing to N4.646tn from N4.465tn in September, according to new money and credit statistics released by the Central Bank of Nigeria. The increase of N181.71bn marks one of the…
Ether’s price may rise nearly 7% in the near term, as subdued stablecoin yields suggest the crypto market has yet to reach overheated conditions, according to crypto sentiment platform Santiment.“Currently, yields are low, around 4%. This indicates the market has…
Guinness has announced its role as the Official Headline Sponsor of the 2025 Calabar Carnival, one of Africa’s biggest street festivals, promising to deliver an extraordinary fusion of culture, creativity, and unrivalled energy to the city of Calabar. It said…
Aviation experts from Nigeria converged at the Lagos airport recently to examine aeropolitics, aiming to chart ways to protect domestic airlines from aviation power tussles and to ensure the rework of Bilateral Air Service Agreements that are against local operators’…
The management of Truck Transit Park Limited has stated that the Nigerian economy will bleed if the platform (TTP) is withdrawn from the port. The Co-founder and Chief Executive Officer of TTP, Mr. Jama Onwubuariri, stated this on Friday while…
The US Nasdaq stock exchange is making SEC approval of its proposal to offer tokenized versions of stocks listed on the exchange a top priority, according to the exchange’s crypto chief.“We’ll just move as fast as we can,” Nasdaq’s head…
Galaxy Backbone Limited and the National Agency for Science and Engineering Infrastructure have moved to strengthen collaboration on government-wide ICT services as part of efforts to support Nigeria’s digital transformation agenda. This followed a courtesy visit by the Managing Director…
European plane maker, Airbus, has announced that it will be withdrawing over 6,000 of its A320-family aircraft. This development may lead to major flight disruptions globally. The manufacturer requested the immediate withdrawal of the aircraft for urgent modifications. According to…
Nigeria’s midstream and downstream petroleum sector remains hampered by low refinery utilisation despite a combined installed capacity of 1.125 million barrels per day, the Federal Government, through its Nigerian Midstream and Downstream Petroleum Regulatory Authority, has said. According to the…
The Bitcoin (BTC) mining difficulty is projected to increase during the next difficulty adjustment scheduled for December 11, as hashprice, a critical metric that measures expected miner profitability per unit of computing power, sits at record lows. Bitcoin’s next mining difficulty…
Bitcoin mining in China is rising again. From dominance to ban to resurgence, this makes an engaging story. Read the full article here
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