Business
Shares in the Trump family-backed American Bitcoin (ABTC) sank to an all-time low on Wednesday after the crypto miner set a date for a 1-for-15 reverse stock split in a bid to stay listed on…
The Federal Government has proposed spending N3.23tn on the construction and rehabilitation of federal roads in the 2026 budget, marking a sharp increase in capital allocation to the transport sector as it intensifies efforts to complete long-delayed highways and repair…
A combination of protocol-level upgrades, stablecoin activity, and a shift in crypto sentiment has helped push Ether wallet creation to its highest levels in history. Over the last week, an average of 327,000 new wallets have been created per day, with…
Barq Group and US-based Elroy Air have signed an initial agreement to form a joint venture that will invest $200m in a new manufacturing facility in Abu Dhabi to produce the Chaparral autonomous cargo aircraft. The partnership combines Barq Group,…
Bitchat has become the most-downloaded app in Uganda as state officials confirmed that internet access has been cut off and will remain inaccessible during the presidential election, which starts on Thursday.It marks the third straight election in which Ugandan authorities…
The Federal Ministry of Aviation and Aerospace Development has allocated N7.46bn for technology upgrades, staff training, safety initiatives, and operational reforms in 2026. According to the 2026 Appropriation Bill, the funding will drive automation of ministry operations, library services, registry…
Strive’s stock fell about 12% on Tuesday after the asset manager announced an all-stock deal to acquire Semler Scientific, a transaction that will significantly expand its Bitcoin holdings.The company, co-founded by Vivek Ramaswamy, said on Tuesday that it has secured…
The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals.Old Glory Bank, a crypto-friendly lender, said it will merge with Digital Asset Acquisition Corporation to form a Texas-based company listed…
New York City Mayor Zohran Mamdani said Monday that he does not own cryptocurrency and has no plans to invest in digital assets, distancing himself from crypto-related initiatives promoted by his predecessor.Speaking to the press at Samson Stages, Mamdani responded…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Two former senior executives at the collapsed subprime car lender Tricolor Holdings pleaded not guilty to fraud and financial crime charges in…
Steady ETF inflows, a bullish cup and handle chart pattern and improving sentiment across the total crypto market could propel Solana price to $190.Solana (SOL) is getting more attention from traders now that its price structure is tightening beneath a…
Nigeria has secured duty-free access for over 7,000 products to the United Arab Emirates under a newly signed Comprehensive Economic Partnership Agreement (CEPA), a move expected to boost exports, attract investment, and support industrial growth. The agreement was signed on…
The equities market recorded a historic gain of N1.662 trillion on Tuesday at the close of trading, reflecting sustained bullish sentiment among investors. This marked the 22nd consecutive bullish session, underscoring renewed investor confidence driven by increased demand for blue-chip…
2025 proved disappointing for many cryptocurrency investors, as Bitcoin’s traditional four-year cycle delivered a more muted rally that failed to spill over into the broader altcoin market. According to crypto market maker Wintermute, the shift reflects a structural change rather…
As US senators prepare to mark up a major crypto market structure bill this week, industry leaders are weighing in on proposed changes that could shape whether stablecoin holders can earn interest and rewards.According to an amended draft of the…
Polygon Labs has agreed to acquire US-based crypto payments company Coinme and wallet infrastructure provider Sequence in deals valued at more than $250 million, Fortune reported on Monday. The acquisitions give the Ethereum scaling blockchain access to Coinme’s network of…
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