Business
Bitcoin (BTC) returned to $64,000 on Sunday amid concerns over unreliable BTC price strength.Key points:Bitcoin brushes off US-Iran tensions despite the Strait of Hormuz being closed.A trader calls BTC price behavior “suspicious” as a result,…
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…
The US Securities and Exchange Commission proposal to rescind rules around order protections and price quotes could remove a major legal barrier for tokenized US stocks.The SEC on Thursday proposed to scrap two rules in its national market system regulations.…
Crypto exchange Coinbase has launched a tool that allows artificial intelligence agents to make payments and trade crypto on behalf of users, as crypto companies look to ride a wave of interest in AI.Coinbase said Thursday that it is launching…
Shell Nigeria Gas has attributed the growth in domestic gas production and investment to reforms that introduced clearer pricing frameworks and reduced policy uncertainty in the sector. The company stated this at the second business forum of the Association of…
South Korean tech giant LG Electronics is working with the Ethereum layer-2 network Arbitrum to build a blockchain-based advertising network aimed at serving the digital ad industry. Arbitrum would give advertisers and publishers a shared database of ad inventory and track…
Six vessels carrying approximately 212.7 million litres of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel), valued at nearly N279bn at Dangote Petroleum Refinery’s current gantry prices, are arriving at Nigerian ports this week. This is even as the…
US lawmakers have introduced legislation that would create a Department of Justice-led task force to coordinate investigations into cryptocurrency theft, scams and other digital asset-related crimes across federal, state and local law enforcement agencies.Under the proposal, the Justice Department would…
Renowned for building household brands to shaping Africa’s digital marketplace, Jiji Africa’s Head of Marketing and PR, Majolie Obaje, shares insights on innovation, consumer behaviour, leadership, AI, and the future of marketing in this interview with GODWIN AIKIGBE Can you…
Bitso is expanding its payments partnership with Ripple by bringing its Mexican peso-backed MXNB stablecoin onto the XRP Ledger, where it will be used alongside Ripple USD (RLUSD) to support enterprise cross-border settlement between the United States and Mexico.Mexico City-based…
The Lagos Chamber of Commerce and Industry, in collaboration with NASD Plc, has hosted a stakeholders’ forum in a bid to expose Small and Medium Enterprises to alternative sources of medium- and long-term financing in Lagos. The forum, themed ‘Financing…
Archax has introduced real-time yield payments on Hedera, enabling interest generated by tokenized securities to be distributed continuously in USDC.The system allows interest payments to update automatically as tokenized securities move between wallets. According to Archax, cash flows are transferred…
The Nigerian Exchange Group has reinforced its commitment to environmental sustainability through a community cleanup exercise at Marina, Lagos, to commemorate World Environment Day 2026. The exercise was held in partnership with the Lagos State Waste Management Authority and the…
BEAT, the native token of AI music platform Audiera, has exploded higher over the past month, surging more than 1,500% to a record high of $9.20 even as Bitcoin (BTC) and Ether (ETH) fell roughly 25% and 30%, respectively, in…
The Central Bank of Nigeria (CBN) has proposed a regulatory framework seeking to ring-fence the operations of closely linked financial entities in Nigeria to promote a stable financial system. The drafted guidelines will ensure a safe, sound and stable financial…
The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, Dr Mohammed Shehu, has said ongoing tax and revenue reforms must protect taxpayers while ensuring equitable revenue allocation across all tiers of government. Shehu stated this while receiving a delegation…
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