Business
Dangote Petroleum Refinery & Petrochemicals has announced another reduction in the ex-depot price of Premium Motor Spirit (PMS), marking its fourth price cut within a month as the company said it continues to pass lower…
The Federal High Court in Abuja on Monday ordered the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, and other defendants in a suit over four oil fields to maintain the status quo pending the hearing and determination of…
Coinbase shares spiked 8% after Goldman Sachs upgraded COIN from “neutral” to “buy” as it upped its 12-month price target on its growing diversification. In a report on Monday, Goldman Sachs analyst James Yaro said the bank has “selective optimism”…
Parts of the Katsina metropolis were thrown into darkness following a fire incident involving a 15 MVA power transformer at the IBB Way Injection Substation, the Kano Electricity Distribution Company has said. In a public notice issued on Monday by…
Japan appears to be moving to bring cryptocurrencies deeper into its traditional market rulebook, signaling that regulators want digital assets handled through established exchanges and securities-style oversight rather than a parallel system.The direction was underscored on Monday by Finance Minister…
Dangote Petroleum Refinery has warned that petrol pump prices could rise to as much as N1,400 per litre if Nigeria relies solely on fuel imports, stressing that large-scale domestic refining has become a critical stabilising force in the downstream petroleum…
Key takeaways:XRP’s technical setup is turning bullish, with breakout patterns signaling trend continuation.Institutional demand is absorbing supply, as ETF inflows and falling exchange balances tighten liquidity.XRP (XRP) started 2026 on a strong footing, rallying about 18.5% in the first five…
The board of Nigeria Liquefied Natural Gas Limited (NLNG) has approved the appointment of Adeleye Falade as the company’s new managing director and chief executive officer. The appointment was disclosed at a send-off ceremony held in Abuja last December to…
Parcl and Polymarket have partnered to launch real estate prediction markets that will settle against Parcl’s daily housing price indexes, bringing housing price data into prediction markets for the first time.Under the partnership announced Monday, Polymarket will list and operate…
The organizers behind nonfungible token (NFT) and real-world asset (RWA) conferences in Paris have cancelled the events with a month’s notice, citing market forces.In a Monday post, the event’s X account said NFT Paris and RWA Paris, initially set for…
Key takeaways:A convincing “Coinbase support” impersonation campaign was linked by onchain investigator ZachXBT to roughly $2 million in stolen crypto.The attribution relied on corroboration across multiple signals, including onchain activity and Telegram or social media footprints rather than a single…
Two major cryptocurrency exchanges have contributed more than $21 million to a political action committee (PAC) supporting US President Donald Trump. In a Friday filing with the Federal Election Commission, the MAGA Inc. Super PAC reported receiving 1,500,000 liquidated USDC (USDC)…
Dangote Petroleum Refinery has rejected a report claiming the refinery is shutting down for maintenance, describing the story as “false and misleading.” In a statement released on Monday, the refinery emphasised that production remains ongoing, stable, and uninterrupted. “Dangote Petroleum…
Several of the largest financial industry associations in China have reportedly signaled that the country’s regulators could crack down on Real-World Asset (RWA) tokenization.According to a notice shared by Wu Blockchain on Monday, the Asset Management Association of China, National…
Grayscale has declared a staking rewards distribution for its Ethereum Staking exchange-traded fund (ETF), the first time a US-listed spot crypto exchange-traded product (ETP) has scheduled a payout tied to onchain staking activity.Grayscale Ethereum Trust ETF (ETHE) shareholders will receive…
Bitcoin (BTC) is attempting to transition into a phase of “strength” after weeks of range-trading between $90,000 and $86,000. While the technical structure has improved, BTC traders debate whether the move has momentum or risks of becoming a bull trap.Key…
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