Thursday, July 2

Business

GENIUS Act Suggested Changes Outrage Crypto Executives

The bank lobby’s requested changes to the stablecoin-regulating GENIUS Act could undermine competition and weaken the US dollar’s global position, crypto executives and industry groups have claimed. Crypto advocacy group the Blockchain Association said on Tuesday that a bid to lawmakers…

Togo, Niger, Benin owe Nigeria N25bn for electricity – NERC

Togo, Niger, and Benin owe Nigeria $17.8m, an equivalent of over N25bn at the current exchange rate, for electricity supplied under bilateral arrangements, the Nigerian Electricity Regulatory Commission has said. In its Third Quarter 2025 report, NERC disclosed that the…

Trump’s World Liberty Financial Seeks Bank Charter for USD1

The Trump family’s crypto platform, World Liberty Financial, has filed for a national trust banking charter to accelerate the institutional adoption of its USD1 stablecoin.World Liberty said on Wednesday that its subsidiary WLTC Holdings filed with the Office of the…

Reps move to block budgets of defaulting MDAs

Government-owned corporations, agencies, and commissions that fail to transmit their yearly audited financial statements to the Office of the Auditor-General for the Federation may soon be denied budgetary allocations, following a fresh constitutional amendment proposal by the House of Representatives.…

Gate.io Adds AI Market Analysis Tool as Exchanges Embrace AI

Cryptocurrency exchange Gate has added an AI-powered market analysis tool, called GateAI, to its trading app, offering automated summaries and explanations of market data.GateAI is available in version 8.2.0 and above of the Gate app and can be accessed across…

Edgebase marks 20th anniversary

Nigerian technology firm Edgebase Technologies is celebrating 20 years of innovation, local impact and community building, marking two decades of contributions to Nigeria’s and West Africa’s rapidly evolving digital ecosystem. Founded in 2005 as a small start-up focused on hardware…

Crypto Reps to Fly into DC this Week to Address Market Structure Bill

With a markup event on legislation to address digital asset market structure scheduled for next week, representatives from cryptocurrency companies are expected to fly into Washington, D.C., and some will engage with lawmakers on the bill.Speaking with Cointelegraph on Tuesday,…

AA Rano unveils unmanned fuel stations

AA Rano Nigeria, one of the country’s leading downstream petroleum marketing companies, has unveiled Nigeria’s first fully automated and unmanned fuel stations, marking a major step in the digital transformation of the fuel retail sector. The initiative follows a business…

Solana Stablecoin Market Cap Surges as RWA Market Grows

The market capitalization of stablecoins on the Solana layer-1 blockchain surged by $900 million over a 24-hour period on Tuesday. Stablecoins, blockchain tokens backed by fiat currency or debt assets, surged to a market cap of $15.3 billion on the Solana…

Africa urged to embed technology in governance

Africa has been urged to move beyond short-term digital projects and embed technology in governance systems that can endure political transitions and funding cycles. Founder and chief executive officer of Nnnew Network, Adeniyi David Adebote, said Africa was not short…

Babylon Secures M from a16z to Build Bitcoin-Native Lending

Babylon, a decentralized protocol focused on enabling native Bitcoin staking and lending, received $15 million in funding from a16z Crypto through the sale of Babylon’s native BABY (BABY) tokens to the digital asset arm of Andreessen Horowitz.In a blog post…

CMUL Class of 2004 renovates lecture room

Alumni of the College of Medicine, University of Lagos, Class of 2004, have invested over N10m in renovating a lecture room at the institution as part of activities marking their 20th anniversary. The project was unveiled during a reunion themed…

BTC’s Down Year Pattern Puts 2026 in Focus

Bitcoin (BTC) ended 2025 slightly in the red with a -6.36% return after a strong start earlier in the year. While the annual loss appears modest, historical patterns suggest that down years have often preceded some of Bitcoin’s strongest rallies.Key…

Addme engages traders, shoppers in expansion drive

As the new year begins, Addme, an innovative brand offering smart cooking mates, is encouraging Nigerians to let go of stress and embrace a lighter, more joyful way of living. A statement from the firm on Tuesday stated that the…

Bitcoin, Altcoins Open 2026 With A Bang: Are New Highs Next?

Key points:Bitcoin turned down from its overhead resistance but is expected to find support at the moving averages.Select major altcoins are facing selling near their overhead resistance levels, but the shallow pullback suggests the recovery may continue.Bitcoin (BTC) is under…

Advertisement
Demo
© 2026 The Online Guru. All Rights Reserved.