Key takeaways:Surging oil prices and rising producer inflation have pushed traders to price in a stricter US Fed monetary policy.Massive spot Bitcoin ETF outflows in June show the cryptocurrency is currently failing to act as a stock market hedge.The Nasdaq…

The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, received the 2026 Central Banking Central Bank of the Year Award in London on Wednesday, the apex bank said. Mr Cardoso dedicated the award to the board, management, and…

The Federal Competition and Consumer Protection Commission has shut down a business facility operated by CASCO Electronic Co. Limited at Alaba International Market after receiving a consumer complaint against the electrical materials importing firm regarding the sale of a defective…

Citigroup is launching a blockchain-based marketplace for private company shares, looking to give wealthy and institutional investors a new way to gain exposure to pre-IPO firms as Wall Street pushes deeper into tokenized finance.According to The Wall Street Journal, the…

The Central Bank of Nigeria (CBN) has proposed the revision of the regulatory framework governing financial holding companies to bolstering the resilience and stability of the country’s financial system. The regulator disclosed the plan in a circular signed by Rita…

The Managing Director and Chief Executive Officer of NLNG Shipping and Marine Services Limited, Abdulkadir Ahmed, has stated that the latest certification of the Maritime Centre of Excellence by the UK’s Nautical Institute is a strong validation of the quality,…

Japan’s Lower House reportedly passed a bill that would bring crypto assets under the country’s financial instruments framework, potentially opening a path to exchange-traded funds (ETFs) and lower tax treatment for digital assets. The bill would move crypto assets closer to…

The Nigerian Safety Investigation Bureau (NSIB) has recovered the Cockpit Voice Recorder (CVR) and Flight Data Recorder (FDR) from the Bombardier Challenger CL-601 aircraft involved in a runway incident near Asaba, Delta State. The Bureau disclosed this in a statement…

The Waterfront Boat Owners and Transporters Association of Nigeria has stated that the increase in fuel costs, coupled with prevailing economic challenges, has made it difficult for operators to acquire new boats and expand their businesses. In a statement on…

Ether (ETH) traders are increasing their leveraged long positions despite ETH price being down 44% in 2026. Ether’s futures open interest at Binance has climbed to a record 3.7 million ETH, with the exchange accounting for more than 44% of…

The Lagos State Waterways Authority, in partnership with Interferry, has successfully launched the practical phase of the Ferry Safety Development Programme, beginning with its first in-person training session held at the Caverton Marine Ferry Building Facility in Badore, Ajah, Lagos.…

XRP (XRP) charts are painting multiple bearish patterns this month with a downside target under $1.Key takeaways:XRP is forming head-and-shoulders and bear flag setups on its shorter-time frame chart.An on-chain metric is further signaling weak demand or capitulation sentiment among…

The Nigerian Maritime Administration and Safety Agency has added 177 new members to the Deep Blue Maritime Security Unit as the country intensifies efforts to dominate West African shipping, writes FELIX OLOYEDE It felt like a scene from an American…

The 2026 FIFA World Cup could mark a breakout moment for prediction markets, with Coinbase emerging as one of the biggest winners, according to a new research report from Bernstein.Published Thursday, the Bernstein analysts estimate the expanded tournament will generate…

The Federal Government on Wednesday intensified efforts to transform Nigeria from a major exporter of raw shea nuts into a leading producer of high-value shea products, unveiling plans alongside industry stakeholders to deepen local processing and secure a larger share…