Rand Merchant Bank Nigeria Limited has acted as the lead issuing house of the N236bn rights issue undertaken by Presco Plc, working closely with Presco to structure, coordinate, and execute a seamless capital raise. This was disclosed in a statement…

Bitcoin halted its bullish BTC price rebound to dip below $96,000 on news that Middle East geopolitical tensions were easing.Bitcoin (BTC) sold off at Thursday’s Wall Street open as traders eyed the next key support levels.Key points:Bitcoin support levels come…

Digital bank PalmPay and Premier Cool have launched a nationwide consumer promotion offering N100m in cash rewards to Nigerians, as brands increasingly turn to incentive-led campaigns to boost household spending amid economic pressure. The campaign, tagged “10K for 10K”, will…

Key takeawaysETF flows reveal real institutional demand beyond short-term price moves.Bitcoin treasury stocks can turn BTC exposure into an equity risk shaped by index rules.Low fees are reviving questions about how Bitcoin may pay for its long-term security.Scaling now means…

The Nigerian Content Development and Monitoring Board, in partnership with Renaissance Africa Energy, Beam Energy, and Hamaston Limited, has launched a specialised training programme for six Nigerian graduates under the Community Electrification Interdependent Project. According to a statement by NCDMB,…

The United Kingdom is considering new restrictions that could bar children under 16 from using mainstream social media platforms.The discussion builds on the Online Safety Act, which already requires services with minimum age limits to explain how they enforce them…

Determined to boost security, the Nigeria Customs Service, Ogun I Area Command, has organised a joint border security engagement aimed at enhancing regional security and promoting smooth cross-border trade. The command, while announcing this in a post via one of…

Artificial intelligence (AI) is becoming embedded across crypto trading, accelerating analysis, execution and optimization processes previously handled by people.Investors and trading companies are being pushed to confront how much decision-making can be automated without diluting control, accountability or human judgment.Even…

The Institute of Chartered Secretaries and Administrators of Nigeria on Tuesday unveiled its 60th anniversary logo and outlined activities for its diamond jubilee celebration at the institute’s secretariat in Ikeja, Lagos. The anniversary, themed “Six Decades of Excellence: Shaping Governance,…

India’s crypto industry is renewing calls for tax reform ahead of the country’s February Union Budget, arguing that the current framework is discouraging onshore activity as regulatory compliance requirements continue to tighten.India’s current crypto tax framework, introduced in 2022, levies…

The Sea Empowerment and Research Centre has warned that persistent regulatory gaps in the nation’s maritime sector are costing the Nigerian economy between N500bn and N700bn annually. SEREC disclosed this in a policy memorandum on Wednesday, signed by its Head…

US regulatory developments could unlock a new phase of blockchain adoption in 2026, including sovereign Bitcoin reserves and a broader shift by banks toward tokenized financial infrastructure, according to a report by crypto banking group Sygnum.The highly anticipated CLARITY Act…

Champion Breweries Plc has announced the successful redemption of its N4.21bn Series 1 Commercial Paper Notes at maturity, issued under its N15bn Commercial Paper Issuance Programme. The company said in a statement on Wednesday that the Series 1 Commercial Paper…

Bitcoin exchange-traded funds (ETFs) have seen strong inflows for three consecutive days, reversing earlier January losses.Spot Bitcoin (BTC) ETF inflows topped $843.6 million on Wednesday, marking the largest single-day inflows of 2026 so far, according to data from crypto research…

The Nigerian Exchange Limited has officially listed an additional 3,156,869,665 ordinary shares of United Bank for Africa Plc on its Daily Official List, marking a step in strengthening the bank’s capital base and deepening liquidity in the Nigerian capital market.…