Sunday, June 21

Business

Nigeria’s postal revenue rose by 167% in 2025 — NBS

Nigeria’s postal revenue surged by 166.8 per cent to N8.1 billion in 2025 from N3.1 billion a year ago, official data released by the National Bureau of Statistics (NBS) on Thursday showed as the country’s postal network handled more than…

SpaceX Tokenized IPO Campaign Draws 7M on Binance Ahead of Debut

Binance’s SpaceX tokenized IPO campaign attracted over $557 million in USDC deposits from about 27,689 wallet addresses ahead of the company’s highly anticipated public listing.Wallets contributing up to $20,000 accounted for more than 81% of participating addresses but only 18.39%…

TRM Warns of World Cup Crypto Scams Targeting Fans

TRM Labs warned that crypto scammers are targeting FIFA World Cup fans through fake ticketing sites, fixed-match betting schemes and event-themed crypto promotions. The blockchain intelligence company said it identified several World Cup-related scam operations, including two fake-ticketing sites and one…

Access Holdings’ working to resume dividend payment – Chairman

Nigeria’s biggest lender, Access Holdings, is stepping up efforts to meet the regulatory conditions for the resumption of dividend payment, after pausing cash rewards to shareholders for the 2025 financial year, its chairman said on Wednesday. The financial institution’s inability to declare…

Avalanche Treasury Lists on Nasdaq, Shares Fall 16%

The Avalanche Treasury Company saw a rocky start as it debuted on Nasdaq under the ticker AVAT on Thursday, with shares dropping 16% by the end of the day. The new company gained access to the Nasdaq after merging with…

Law Enforcement Shuts Down AudiA6 Crypto Laundering Ring

An international law enforcement operation among 11 countries has shut down AudiA6, a money laundering ring that processed over 336 million euros ($390 million) in illicit funds between 2022 and 2025.On Wednesday, authorities arrested two administrators, Russian and Ukrainian nationals,…

Tinubu speaks on power sector challenges, pledges reforms

President Bola Tinubu has defended his administration’s economic and power sector reforms, saying access to reliable electricity remains a “democratic dividend” that every Nigerian deserves. In his Democracy Day address to Nigerians on Friday, Mr Tinubu acknowledged the persistent challenges…

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