Business
Decentralized finance (DeFi) platform Aave has deployed its V3 lending protocol on Monad, expanding the layer-1 blockchain’s lending ecosystem with support for 12 assets at launch. On Thursday, Aave announced that the initial market supports USDT0,…
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…
The Federal Government has announced plans to launch Nigeria’s first National Artificial Intelligence Centre of Excellence to strengthen local research. The plan for the establishment was announced on Wednesday by the Minister of Communications, Innovation and Digital Economy, Bosun Tijani,…
The Central Bank of Nigeria has cautioned that the ongoing banking sector recapitalisation could increase concentration risk in Nigeria’s capital market, potentially crowding out non-bank issuers, despite the current bullish momentum in equities. The warning is contained in the Macroeconomic…
Key takeawaysThe December 2025 Trust Wallet hack shows that vulnerabilities in crypto tools can affect crypto-friendly SMEs, even when attacks target individual users rather than businesses.Supply-chain risks, such as compromised browser extensions or stolen API keys, can bypass traditional security…
Lagos State has been named Africa’s most start-up-friendly city in a new global ranking by Multipolitan, underscoring the city’s growing influence as the continent’s leading hub for venture-backed innovation. The ranking was released in Multipolitan’s Startup Friendly Cities Index 2026,…
United Bank for Africa has successfully closed its rights issue, raising N157.84bn after the exercise was fully subscribed, the bank announced on Wednesday. The rights issue offered 3,156,869,665 ordinary shares at N50 per share, on the basis of one new…
Stablecoin company Tether and video platform Rumble released a non-custodial crypto wallet on Wednesday, allowing users to tip Rumble content creators in digital currencies.The wallet will initially support Tether’s dollar-pegged stablecoin, USDt (USDT), Tether Gold (XAUt), a tokenized commodity product,…
Mouka, the country’s leading manufacturer of mattresses, pillows and bedding products, marked the start of 2026 with its annual tradition of celebrating babies born on New Year’s Day across the nation. At midnight on 1 January, Mouka celebrated families welcoming…
Caroline Crenshaw has left the US Securities and Exchange Commission (SEC), leaving the agency solely comprising Republicans. As a result, nothing stands in the way of pro-crypto rulemaking.Republicans in Washington have generally been friendlier toward the crypto industry than their…
The prices of livestock in Artisan Market, Enugu State, have skyrocketed, the News Agency of Nigeria (NAN) reports. According to a market survey conducted by a NAN correspondent on Wednesday, traders attributed the price increase to high demand resulting from…
The Nigerian Exchange extended its positive momentum in the new trading year on Tuesday, as sustained buying interest across key stocks lifted total market capitalisation by about N468bn, reinforcing investor optimism and consolidating the market’s position above the N100tn milestone.…
Bitcoin (BTC) fell 2.30% on Wednesday, hitting an intraday low near $91,550. BTC/USDT daily price chart. Source: TradingViewThe decline came despite bullish signals, including a whale-linked $280 million BTC accumulation move and MSCI’s decision to keep crypto treasury companies in…
ASHA Microfinance Bank has concluded a three-day bursary and client empowerment programme across Lagos, Ogun, and Oyo States aimed at strengthening financial inclusion and sustainable community development. In a statement on Wednesday, the MfB said the initiative was part of…
The steep decline in altcoins over the past year may reflect a broader reassessment of which blockchain networks are likely to attract long-term capital, as institutional investors begin a gradual, multiyear entry into the market, analysts say.Excluding Bitcoin (BTC), 2025…
Aptech Computer Education Nigeria has launched a new all-in-one artificial intelligence career programme aimed at equipping Nigerian learners with job-ready technology skills, structured internship opportunities and clear pathways to international degrees. The programme, known as ADSE AI, combines AI-powered training,…
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