Business
Circle CEO Jeremy Allaire argued that USDC’s decade-long network of integrations, liquidity and regulatory infrastructure gives it a structural advantage over new stablecoin entrants, while challenging key elements of Open USD’s proposed business model.In a…
Crypto exchange Binance has reintroduced direct bank transfers in Australia two years after the exchange was abruptly “cut off” from the Australian banking system. As of last Friday, Binance Australia has relaunched direct fiat bank and PayID deposits and withdrawals to…
In a conversation with DARE OLAWIN, Obat Oil’s Group Managing Director, Akinfemiwa Akinruntan, discusses the company’s strategic advantages, operational improvements, plans to grow its retail network, collaboration with the Dangote refinery, and how technology, infrastructure, and cleaner energy are driving…
In the first 11 months of 2025, China ran a customs trade surplus of over $1tn. According to Brad Setser of the Council on Foreign Relations, in 2025 as a whole, its “overall goods surplus . . . should —…
Imagine you’ve just gotten off a 16-hour flight. You’re red-eyed and irritable, but you need to shift some crypto funds in a hurry. The SIM-card shops are closed, so you use the provided “free airport WiFi” to get connected. Hours later,…
Access ARM Pensions has exceeded the N4tn mark in assets under management, marking a major milestone and underscoring the strong momentum following the merger of Access Pensions and ARM Pensions. The achievement represents a significant increase from less than N3tn…
Bitcoin fell almost $3,500 on Monday as Europe hinted at retaliatory measures against US President Donald Trump, who threatened new trade tariffs unless negotiations could begin over Greenland. Bitcoin (BTC) prices have dumped 3.6% in a matter of hours, falling from…
The SUNU Group has marked the third anniversary of the passing of its founder, Mr Pathe Dione, across its operational footprints in Africa. According to a statement from the Nigerian arm of the company, the commemoration, which took place from…
The Federal Government plans to spend about N206.50bn on poverty alleviation-related projects in the 2026 budget, an amount that represents far below one per cent of the total N58.47tn spending proposal submitted to the National Assembly. A review of project-level…
Trove Markets, which is building a decentralized perpetual exchange for collectibles, is under fire for pivoting to Solana after raising over $11.5 million tied to a token sale for an integration on Hyperliquid, prompting some backers to seek refunds.Trove first…
The Chairman of Mutual Benefits Assurance Plc, Akinade Ogunbiyi, has reduced his shareholding in the company following the sale of 850,000 ordinary shares, according to an insider trading disclosure filed with the Nigerian Exchange Limited. The disclosure indicated that Ogunbiyi,…
Global markets are expected to face renewed volatility after United States President Donald Trump threatened to impose tariffs on eight European nations over a dispute regarding Greenland. According to Reuters, Trump announced plans to levy a 10 per cent import…
Globacom has launched Travel Saga, a premium, action-packed mobile gaming experience available exclusively to subscribers on the Glo network, as the telecoms operator steps up its push into digital entertainment. The story-driven role-playing adventure is designed to deliver high-intensity action,…
The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said.The prohibition on yield-bearing stablecoins in the CLARITY Act puts the US dollar at a competitive disadvantage to China’s…
The Minister of Solid Minerals Development, Dr Dele Alake, has been re-elected Chairman of the Africa Minerals Strategy Group, a continental forum of African ministers responsible for minerals and mining, committed to coordinated action to maximise value addition and beneficiation…
Overregulation of the crypto industry would negatively impact markets and gut decentralized finance (DeFi), according to Michaël van de Poppe.The failure of the CLARITY crypto market structure bill to advance in the United States Congress is positive for crypto markets…
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