Friday, October 16

Business

Ikeja Hotel declares interim dividend for Q1 2026

Ikeja Hotel Plc has announced an interim dividend of three kobo per share for the period ended 31 March 2026, marking a positive start to the financial year for its shareholders. The hospitality giant, which operates iconic properties including the…

Two vessels cross Hormuz amid war tensions

Two commercial vessels have successfully passed through the Strait of Hormuz despite ongoing tensions in the Gulf, as Iran submitted its response to a United States proposal aimed at ending the war and reopening peace talks. Iranian state media reported…

Shareholders praise Custodian Investment over earnings surge

Shareholders of Custodian Investment Plc have commended the board and management of the company for its impressive financial performance and strong returns on investment. The commendation came during the company’s virtual Annual General Meeting held in Lagos. Addressing shareholders at…

11Plc eyes expansion after leadership transition

11Plc has outlined plans to expand market share, grow revenue, and improve profitability as its acting Managing Director, Osagie Ogedegbe, made his first public appearance at the company’s 48th Annual General Meeting held in Abuja. A statement from the firm…

Pilots, engineers raise concern over aviation fuel shortage

The National Association of Aircraft Pilots and Engineers has warned that the persistent shortage of aviation fuel is beginning to pose serious threats to flight safety, airline operations, and the welfare of aviation workers across the country. In a statement…

Digital Asset Holdings Targets 0M in Latest Capital Raise

Digital Asset Holdings, the enterprise blockchain company behind the Canton Network, a permissioned blockchain network for financial institutions with privacy features, is reportedly raising fresh capital at a $2 billion valuation.The $300 million round is being led by venture capital…

Strategy’s Michael Saylor Signals Impending BTC Buy

Michael Saylor, co-founder of Strategy, signaled that the Bitcoin treasury company will resume its BTC purchases this week, following an earnings call on Tuesday, during which he said the company may periodically sell portions of its treasury.“Back to work, BTC,”…

Will ETH Price Decline More in 2026?

Ethereum’s native token, Ether (ETH), has fallen more than 35% against Bitcoin (BTC) over the past year, and the downtrend may still have further to go.Key takeaways:ETH may plunge another 40% as it mirrors the 2025 bear trend setup.Rising Ether…

Hyperliquid, EdgeX, Pump.fun Return M to Token Holders in 30 Days

Three of DeFi’s relatively young applications, including Hyperliquid, EdgeX and Pump.fun, have distributed a combined $96.3 million to token holders over the past 30 days, as the sector’s focus shifts to actual earnings.Hyperliquid led the pack, generating $50.95 million in…

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