Business
SBI Crypto, a cryptocurrency-focused division of Japanese financial conglomerate SBI, is shutting down its Bitcoin mining pool after a five-year run.The company announced Wednesday that it will end mining pool operations on July 31 and…
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,…
Opinion by: Marcos Viriato, co-founder and CEO of ParfinBlockchain was born to decentralize power and create systems that operate on transparency, not control. Yet today, the technology is being adopted by the institutions it sought to disrupt. Governments and corporations are…
Fidelity Bank Plc has raised N259bn through a Private Placement of ordinary shares, significantly boosting its capital base as the lender intensifies efforts to meet the new regulatory capital requirements for commercial banks with international authorisation. In a statement issued…
Stablecoins are shifting from a crypto native tool to a core piece of institutional market plumbing, according to a new cross-sector outlook report from Moody’s. In the report, published Monday, the ratings agency said stablecoins processed about 87% more settlement…
The Federal Airports Authority of Nigeria has revealed a widening imbalance in the nation’s aviation sector, as domestic air travel continues to decline while international passenger traffic records sustained growth. According to the figures, released by FAAN on Tuesday, passenger…
Barclays, one of the world’s biggest banks and a systemically important global financial institution, has made its first investment in a stablecoin-related company.The United Kingdom-based bank said Wednesday it had invested in Ubyx, a US stablecoin clearing platform that aims…
Seplat Energy Plc has announced that founding shareholder Etablissements Maurel & Prom S.A. has completely exited its shareholding in the company. The sale involved 120,400,000 ordinary shares, acquired by Heirs Energies Limited (86,639,377 shares) and Heirs Holdings Limited (33,760,623 shares).…
RAKBank is preparing to join the United Arab Emirates’ (UAE’s) fast-evolving stablecoin ecosystem after receiving in-principle approval on Wednesday from the Central Bank of the United Arab Emirates (CBUAE) to issue a UAE dirham-backed payment token. In-principle approval means the CBUAE…
Anheuser-Busch InBev, the world’s largest brewer, has announced plans to buy back a 49.9 per cent stake in its U.S. metal container plants for approximately $3 bn, according to Reuters. The deal covers seven plants across six U.S. states, previously…
Gold and silver briefly reclaimed their spot as the two biggest assets by market capitalization as the new year rolled in with uncertainty. According to data from analytics platform CompaniesMarketCap, gold currently has a market cap of $31.1 trillion, sitting at…
The Nigerian Aviation Handling Company Plc has announced the signing of a chain of contracts with major airlines for the provision of total handling solutions. In a statement made available to The PUNCH on Tuesday, the company announced the signing…
Crypto mass adoption could just be a matter of time, as older, crypto-averse generations eventually pass their wealth to their descendants, according to an industry executive. During an episode of the Milk Road show on Tuesday, Zac Prince, the head of…
Kian Smith FZE is set to list and trade over N21 billion worth of 1kg LBMA gold bars on the floor of Lagos Commodities and Futures Exchange. In a recent joint interview with Lagos Commodities and Futures Exchange and Kian…
Nigeria attracted nearly $14bn in combined foreign portfolio investment and foreign direct investment in the first nine months of 2025, driven by renewed investor confidence and wide-ranging economic and investment reforms, the Federal Government has stated. According to the Federal…
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