The Canadian Investment Regulatory Organization (CIRO) has formalized its interim framework governing the custody of crypto and tokenized assets. The move outlined how dealer members are expected to safeguard client holdings while permanent crypto-specific rules remain under development.In a Tuesday…

Government securities now account for about 11 per cent of Nigerian banks’ total assets, underscoring years of constrained credit extension and a sustained tilt towards lower-risk sovereign instruments, according to a new banking sector outlook by S&P Global. The ratings…

Coinbase’s Ethereum layer-2 network Base said recent slow or missing transactions were caused by a configuration error that has been fixed.Over the weekend, Base users experienced elevated transaction drops and delays in getting transactions included onchain. Despite the slowdown, blocks…

Okomu Oil Palm Company Plc and the Foundation for Partnership Initiatives in the Niger Delta have held a training programme for community representatives in Edo State ahead of the rollout of a N1.2bn partnership focused on peacebuilding and livelihoods. According…

Two leading prediction market platforms, Polymarket and Kalshi, have both turned to giving away groceries amid a fight for dominance in the fast-growing prediction markets space. Kalshi offered a $50 grocery giveaway to over 1,000 people in Manhattan on Tuesday,…

The Federal Government has begun the process of validating a Harmonised Fertilizer Manual as part of efforts to boost crop productivity, improve farmers’ incomes, and strengthen national food and nutrition security. The Director, Farm Inputs Support Services, Abana Abba, stated…

Assets in spot Bitcoin (BTC) ETFs slipped below $100 billion on Tuesday following a fresh $272 million in outflows.According to data from SoSoValue, the move marked the first time spot Bitcoin ETF assets under management have fallen below that level…

The German airline Lufthansa is adding 25 new aircraft to its fleet this year. Jens Ritter, chief executive of Lufthansa Airlines, highlighted “extensive product improvements on board and on the ground” at a press conference on Tuesday. The company wants…

Africa is poised for a leap in oil and gas investment, as $10bn in funding will be mobilised through the newly established African Energy Bank to support strategic energy projects across the continent. This announcement was made by the Secretary-General…

Bitwise Asset Management is reportedly acquiring institutional staking provider Chorus One, extending its push into cryptocurrency yield services.The acquisition adds a major staking operation to the crypto asset manager’s platform as demand for onchain yield products increases among both retail…

Konga has launched a Valentine campaign aimed squarely at single shoppers, marking a shift from traditional couple-focused marketing as Nigeria’s e-commerce giant taps into changing consumer behaviour. The campaign, tagged “Black Valentine: Special Love Series,” runs from 1 to 16…

Aave Labs says it is sunsetting its “umbrella brand” Avara in the company’s latest move to refocus on decentralized finance and simplify its branding.Aave founder and CEO Stani Kulechov posted to X on Tuesday that Avara, a company encompassing projects…

The organisers of The Nigeria Prizes have announced the commencement of the 2026 competition cycle, highlighting artificial intelligence, information and communication technology, poetry, and documentary filmmaking. In a statement issued on Sunday, the organisers said the 2026 edition reinforces The…

Crypto.com has spun out its prediction markets business, first launched in 2024, into a standalone platform called OG, competing with the likes of Polymarket and Kalshi. OG is powered by Crypto.com Derivatives North America (CDNA), a Commodity Futures Trading Commission-registered exchange…

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has stated that Nigeria achieved a major investment breakthrough in 2025 with the signing of 28 new field development plans, valued at $18.2bn, which carry an estimated production potential of…