Saturday, December 6

Business

BTC Risk-Off Signal Remains High Below 0K

Bitcoin (BTC) may be holding above $90,000, but data implied that its price is still flashing a significant risk-off signal. CryptoQuant’s multi-metric risk-off oscillator remained near the “High-Risk” zone, a level that historically precedes corrections…

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Ondo advances 500,000bpd refinery, FTZ projects

A new project vehicle, Sunshine Joint Venture Infrastructure Limited, has been formally incorporated to spearhead the development of the proposed 500,000 barrels-per-day refinery and the Free Trade Zone in Ondo State, marking a significant leap toward the realisation of the…

Polymarket Building Internal Market-Making Team, Bloomberg Reports

Polymarket is recruiting staff for an internal market-making team that may trade against users on its platform.The company has recently approached traders — including sports bettors — about joining the group, Bloomberg reported on Thursday, citing people familiar with the…

Expose sponsors of terrorism, PENGASSAN charges FG

The Petroleum and Natural Gas Senior Staff Association of Nigeria has added its voice to growing concerns over insecurity in the country, urging the Federal Government to name and prosecute sponsors of terrorism and take immediate steps to halt the…

Poland Fails to Override Crypto Bill Veto, Delaying Regulation

The lower house of Poland’s parliament failed to secure the required three-fifths majority to override President Karol Nawrocki’s veto of the Crypto-Asset Market Act, pushing the country further away from regulating its digital-asset sector at a moment when lawmakers argue…

WISCAR champions gender equality across sectors

Women in Successful Careers, at its just-concluded 2025 Annual Leadership and Mentoring Conference, rallied support for reforms aimed at securing greater female representation in federal and state cabinets, corporate boards, and labour policy frameworks. At the conference held under the…

Bitcoin Liquidity Sweep Calls Increase With ,000 at Stake

Bitcoin (BTC) traders saw fresh downside at Friday’s Wall Street open as $90,000 hung in the balance.Key points:Bitcoin edges closer to $90,000 with traders lining up lower BTC price targets next.Liquidity conditions favor a sweep of bids as an initial…

Eterna Plc set to raise N21.52 billion through rights issue

Eterna Plc, a Nigerian integrated energy company, is set to raise N21.52 billion through a rights issue, aiming to strengthen its balance sheet and drive strategic expansion. The company will issue 978,108,485 ordinary shares at N22.00 per share, the company disclosed…

ITFC, TDB sign 0m trade facility, target 0m

The International Islamic Trade Finance Corporation and the Trade and Development Bank Group have signed a new framework agreement in Abuja to increase an existing Murabaha trade finance facility by $100m, with a target to scale it up to $200m.…

OPay secures double honours at Tech Innovation Awards

Nigeria’s premier financial technology company, OPay, has been named Fintech Company of the Year and Best Fintech in Cybersecurity at the ninth Tech Innovation Awards. In a statement on Thursday, OPay said the award was in recognition of its innovation…

Solana’s WET Presale Relaunches After Bot Farm Snipes Supply

A Solana presale event encountered distribution issues after a bot farm reportedly used over 1,000 wallets to snipe nearly the entire Wet (WET) token sale in seconds. Hosted through the decentralized exchange aggregator Jupiter, the presale sold out almost instantly. But…

LEAP positions Africa as global innovation hub

LEAP Africa has reaffirmed Africa’s growing status as a global centre of innovation as it hosted the 12th edition of its Social Innovators Programme and Awards in Lagos on Thursday. The 12th SIPA, a gathering of young innovators, policymakers, financiers,…

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