The Centre for the Promotion of Private Enterprise (CPPE) has warned the Central Bank of Nigeria (CBN) against excessive monetary tightening ahead of the 305th meeting of the Monetary Policy Committee (MPC). The group cautioned that higher interest rates could…

The Bureau of Public Procurement on Sunday barred Ministries, Departments and Agencies from processing upward revisions of contract sums without first obtaining a Bureau certificate. It also issued guidelines centralising the review of all contract variations and scope modifications under…

Japan’s major brokerages are preparing to bring crypto investment trusts to retail investors, with SBI Securities and Rakuten Securities already developing products in-house, while others like Nomura plan to enter the space once regulations are finalized.SBI Securities plans to sell…

Intesa Sanpaolo, Italy’s largest bank, more than doubled its crypto exposure in the first quarter of 2026, with holdings climbing from approximately $100 million at the end of 2025 to around $235 million as of March 31.The growth was driven…

As tension in the Middle East rages on, the price of Premium Motor Spirit (petrol) reached a high of N1,413 per litre in Maiduguri, Borno State, in April 2026, according to the latest data released by the Nigerian Midstream and…

Strategy executive chairman Michael Saylor said he raised the possibility of selling Bitcoin during Strategy’s recent earnings call to protect the asset’s long-term interests.“We own about $65 billion worth of Bitcoin. If the market thought we would never sell it,…

Capital Hotel Plc, owners of the Abuja Continental Hotel, closed the 2025 financial year with a 59 per cent year-on-year increase in revenue and a 32 per cent rise in profit after tax. The company, in a statement, attributed the…

Abia State Governor, Alex Otti, has berated the former National Chairman of the Labour Party, Julius Abure, over the continued sale of governorship nomination forms to aspirants despite the Independent National Electoral Commission’s opposition to his leadership. A viral photograph…

The Economic and Financial Crimes Commission has asked Nigerians demanding an investigation into the N135.6m cash donation made by the senator representing Borno Central Senatorial District, Kaka Lawan, to All Progressives Congress officials in the state as Sallah gift, to…

Weeks after the Nigerian Revenue Service and the Nigerian Shippers’ Council said they would urge shipping companies and terminal operators to grant waivers to importers and their agents affected by delays linked to the implementation of the National Single Window,…

Federation oil earnings from Nigerian National Petroleum Company Limited’s Production Sharing Contract profit distribution fell by N78.71bn in March 2026, despite a strong rally in global crude oil prices during the month, an analysis of NNPC reports presented at Federation…

The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive ripple effect beyond the crypto sector itself, according to venture capital firm a16z crypto.“If the US provides builders with regulatory…

It was meant to be a normal morning of therapy, laughter, and carefully structured routines that help children with developmental challenges make sense of their world. But for eight-year-old Chinedu (not his real name), who lives with cerebral palsy and…

Investors are mispricing risk for perpetual preferred stocks, like Bitcoin treasury company Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), according to Matt Dines, the chief investment officer of credit asset management company Build Markets.The corporate issuers of…

Bitcoin treasury company Strategy announced on Friday that it will repurchase $1.5 billion in 0% convertible notes, due in 2029, retiring about half of the 2029 convertible note tranche’s total outstanding debt. Strategy entered into “privately negotiated transactions” with a…