Nigeria’s foreign currency-denominated tax receipts rose sharply to N6.33tn in 2025, reflecting increased contributions from multinational firms and exchange rate effects, an analysis of data released by the National Bureau of Statistics has shown. The figure represents a 27.3 per…

Bitcoin could be setting up for a multimonth price decline, after a rally in April driven mainly by futures traders while spot demand declined, according to the crypto analytics firm CryptoQuant.Bitcoin gained around 20% in April, rising from $66,000 to…

Cadbury Nigeria Plc has announced the resignation of its director, Mrs Ibukun Awosika, from the company’s board. The company disclosed this in a notice to the Nigerian Exchange Limited and the investing public on Wednesday. The notice was signed by…

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data center revenue helped offset a decline in Riot’s core Bitcoin mining business, which fell to $111.9…

A Nigerian construction technology firm has highlighted a building system that it says can deliver bungalows in as little as three weeks, as it seeks to address delays and inefficiencies in the country’s housing sector. Sourcebridge Limited, an innovator in…

Stablecoin issuer Tether (USDT) reported $1.04 billion in net profit for the first quarter of 2026, as its excess reserves rose to a record $8.23 billion, according to its latest attestation on Friday.The company said its reserves remain heavily concentrated…

Passengers on a London (Gatwick) to Lagos flight operated by Air Peace Limited have raised concerns over delays and welfare conditions following a disruption caused by a bird strike at Gatwick Airport. According to the airline, the incident, which occurred…

Equity Group Holdings, Kenya’s most profitable lender, has officially signalled a major southward expansion, setting its sights on bank acquisitions in Angola, Zambia, and Mozambique. The move, announced Wednesday via Kenya Wall Street following record-breaking financial results, marks a strategic…

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the Ethereum Foundation’s core operations and…

Shareholders of Guaranty Trust Holding Company Plc have commended the management of the financial institution for the highest dividend payout of N12.76 in the Nigerian banking sector for the 2025 financial year. The shareholders at GTCO’s 5th Annual General Meeting…

MoonPay is launching a virtual debit card that allows users and AI agents to spend stablecoins directly from self-custodied onchain wallets at merchants that accept Mastercard, using real-time crypto-to-fiat conversion at checkout.The card, developed with Monavate and Exodus Movement, Inc.,…

Quest Merchant Bank has announced the appointment of Andrew Lewis, popularly known as Ayo Lewis, as its new Executive Director of Risk Management and Executive Compliance Officer. The appointment, which has received formal regulatory approval from the Central Bank of…

Bitcoin may not need a new story or catalyst to push back above the psychological $100,000 level, which it has not traded above in nearly five months, according to MN Trading Capital founder Michael van de Poppe.‘“There doesn’t need to…

The Minister of Solid Minerals Development and Chairman of the Africa Minerals Strategy Group, Oladele Alake, has called for stronger regional cooperation among African countries to reposition the continent as a major force in global mineral supply chains. Alake made…

Key takeaways:Bitcoin options markets price in low odds of BTC reaching $84,000 in May, while the monthly futures basis rate reflects weakness.Significant Bitcoin accumulation by listed companies and rising spot Bitcoin ETF inflows absorb mining supply, reducing the impact of…