Business
Kash Patel, director of the Federal Bureau of Investigation (FBI) , reportedly omitted reporting exposure to Bitcoin treasury company Strategy, in violation of federal law.According to a Wednesday report from the nonpartisan nonprofit news agency…
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…
US President Donald Trump told Republicans on Tuesday he could be impeached if the party loses the US midterm elections this year.”You got to win the midterms, because if we don’t win the midterms, it’s just going to be —…
The Nigeria Customs Service, Port Harcourt II Command, said it collected N731bn as revenue and intercepted 75 containers in 2025. In a statement on Tuesday, the Command’s Public Relations Officer, Theophilus Duniya, a Chief Superintendent of Customs, described the feat…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldHedge funds are seeking out billions of dollars’ worth of financial claims tied to Venezuela, as investors bet that Donald…
Ethereum scalability was boosted on Wednesday with the second Blob Parameter-Only hard fork, raising the blob limit from 15 to 21, the first of many improvements aimed at scaling the Ethereum ecosystem in 2026.The second BPO hard fork, which took…
The Chief Executive Officer of RE360 Agent Development Limited, Elisha Olorunda, says Nigeria’s travel industry is grappling with a critical structural gap that continues to expose citizens to fraud, visa denials and financial losses. Speaking on the state of international…
Advances in quantum computing doesn’t just threaten Bitcoin wallet security, it could also undermine its economic and security model as it could be used to mine Bitcoin blocks far more efficiently, according to Coinbase’s head of investment research, David Duong.Quantum…
Electricity distribution companies in Nigeria collected a total of N1.13tn in revenue from their customers over the six months spanning the second and third quarters of 2025 (April to September), according to detailed monthly performance data from the Nigerian Electricity…
US spot Bitcoin exchange-traded funds have started the year at an explosive pace that could, if maintained, see it blow out total inflows from 2025. “The spot Bitcoin ETFs are coming into 2026 like a lion,” said Bloomberg’s senior ETF analyst…
Nigeria’s poverty rate is projected to rise sharply to 62 per cent by 2026, with about 141 million people expected to be living below the poverty line, according to PwC. The projection is contained in PwC’s Nigeria Economic Outlook 2026,…
A group of US community bankers is pressuring Congress to change the GENIUS Act to close a supposed “loophole” that allows yield-generating stablecoins to undercut banks.The American Bankers Association’s Community Bankers Council said in a letter on Monday to the…
Ecobank Nigeria Limited has fully repaid bondholders who validly tendered their notes ahead of the February 2026 maturity date. This was disclosed in a statement issued by the bank on Tuesday. The PUNCH reports that Ecobank Nigeria had prepaid approximately…
Bitcoin’s (BTC) sharp 7.4% rebound kick-started the first week of January and has shifted markets’ focus back to futures positioning, where liquidation data suggests the price action may be asymmetric.Key takeaways:Over $10.6 billion in long liquidations sit below $84,000, versus…
The Lead Hospitality Consultant at Murphy’s Pro, Omoruan Murphy, has warned that declining workplace etiquette, particularly overly informal staff interactions with vendors and contractors, could damage professional relationships and weaken the industry’s reputation. According to the consultant, the Nigerian hospitality…
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