Business
JAPANMetaplanet’s executive stock pool sparks shareholder backlashJapanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool,…
LG Electronics has introduced free comprehensive health insurance coverage for customers who purchase selected air conditioner models, expanding its consumer health protection initiative in Nigeria. The company said in a statement on Sunday that the scheme, developed in partnership with…
Financial technology company MoonPay announced the launch of an AI technology tool for trading strategies on prediction markets following its acquisition of Dawn Labs for an undisclosed amount.MoonPay said Monday that it had launched Dawn CLI in an effort to…
The Nigerite Staff (Ikeja) Multipurpose Cooperative Society has reported significant growth in members’ savings and financial surplus, attributing the increase to renewed member confidence, improved welfare initiatives, and a broader push toward transparency and investment-driven expansion. At its 35th Annual…
Ripple has secured a $200 million credit facility from funds managed by Neuberger Berman to expand the lending capacity of its institutional prime brokerage business, highlighting continued demand for financing services in the digital asset market.The company said Monday that…
The Managing Director/Chief Executive Officer of the Lagos Waste Management Authority, Dr Muyiwa Gbadegesin, has stated that its long-term goal is to transition Lagos towards a zero-waste economy, where waste generation would be minimised while maximising resource recovery, recycling and…
With lawmakers on the US Senate Banking Committee set to consider a markup on a cryptocurrency market structure bill this week, some Democrats are holding the line — and potentially their votes — on ethics provisions.The Digital Asset Market Clarity…
The Nigeria Employers’ Consultative Association has faulted the recent agreement between the Nigerian National Petroleum Company Limited and Chinese firms to revamp and expand the Port Harcourt and Warri refineries, describing it as another opaque arrangement amid unresolved questions over…
Shares of stablecoin issuer Circle surged Monday after the company reported mostly upbeat earnings and disclosed that a major crypto venture capital fund had purchased $222 million worth of its blockchain tokens.Circle’s shares rose almost 16% to close at $131.76,…
For the second consecutive year, Julius Berger Nigeria PLC has emerged as the Best Construction and Infrastructure Company of the Year (West Africa). The company announced this in a statement on Saturday, explaining that the award was presented on Thursday…
The spot Solana (SOL) exchange-traded funds (ETFs) recorded their strongest weekly performance since February, attracting $39.23 million in total net flows. The surge in capital inflows coincided with SOL futures open interest rising by $1.5 billion in May, signaling a…
Following banks’ N4.65tn recapitalisation, the Central Bank of Nigeria is tightening governance standards, risk controls, and board accountability to strengthen stability and economic growth resilience, JUSTICE OKAMGBA writes The Central Bank of Nigeria has signalled a tougher regulatory approach for…
Key points:Bitcoin is struggling to rise above $84,000, but the bulls remain in control as long as the price remains above the 20-day EMA.Several major altcoins have pulled back, indicating that the bears remain sellers on rallies.Bitcoin (BTC) has pulled…
The Emirates Group has reported its most successful financial year to date, despite significant regional geopolitical challenges, posting a record revenue of AED 150.5bn ($41.0bn) for the 2025–26 fiscal year. The figure represents a three per cent increase over the…
Digital asset company Galaxy and Ethereum treasury platform Sharplink will launch a private fund that will invest Ether in decentralized finance (DeFi) strategies, signaling growing institutional interest in earning onchain yield from crypto holdings.The proposed fund, called the Galaxy Sharplink…
The Federal Executive Council has approved three strategic Public-Private Partnership projects aimed at strengthening Nigeria’s infrastructure base and unlocking economic growth across critical sectors. The approved projects include the development of a Smart National Transport Data Bank under the Nigerian…
Advertisement
