Geregu Power Plc, the Lagos-listed power generation company acquired on Monday by Abuja-based Ma’am Energy from billionaire tycoon Femi Otedola, has appointed Abdul-Aziz Abubakar Yari, the senator representing Zamfara West, as chair of the company in breach of Nigeria’s code…

Nigeria’s banking sector recorded a rise in bad loans in 2025 after the Central Bank of Nigeria withdrew the regulatory forbearance granted to lenders during the COVID-19 pandemic, according to the apex bank’s latest macroeconomic outlook report. The report showed…

Ilya Lichtenstein, the hacker behind one of the largest Bitcoin thefts on record, has been released from prison just over a year after receiving a five-year sentence, thanks to a criminal justice reform law signed during former President Donald Trump’s…

Nigeria’s economy is expected to grow faster in 2026 with inflation slowing sharply as reforms, improved investor confidence and gradual easing of monetary policy support macroeconomic stability. The Central Bank of Nigeria (CBN) disclosed this in its Macroeconomic Outlook for…

London’s benchmark FTSE 100 stocks index topped 10,000 points for the first time on Friday, extending a record run seen last year. In early deals on the first trading day of 2026, the capital’s top-tier index featuring the likes of…

US Representative Ritchie Torres is preparing to introduce legislation aimed at curbing insider trading on prediction markets, following scrutiny around a highly profitable wager tied to the reported sudden capture of Venezuelan President Nicolás Maduro.In a Sunday post on X,…

Nigeria’s business activity expanded for the 13th consecutive month in December 2025, according to the Purchasing Managers’ Index (PMI) report published on Tuesday by the Central Bank of Nigeria (CBN). The composite PMI rose to 57.6 points in December, up…

Fidelity Bank Plc has announced the completion of the tenure of its Board Chairman, Mr Mustafa Chike-Obi, and the appointment of a new chairman, Mrs Amaka Onwughalu. This was contained in a notice signed by Company Secretary, Ezinwa Unuigboje, and…

Crypto exchange Coinbase has paused its local fiat operations in Argentina less than a year after formally entering the market, scaling back peso-based services while keeping its crypto functionality.According to a report by Forbes Argentina, Coinbase informed users that it…

President Bola Tinubu on Tuesday announced that the implementation of the new tax laws will begin from 1 January, 2026. In a statement Tuesday evening, the President said the new tax laws, including those that took effect on 26 June,…

Investment management firm Afrinvest has announced the rebranding of its digital investment platform, Optimus by Afrinvest, to PlutusNeo by Afrinvest. In a statement on Friday, the rebranding was described as the next phase of the firm’s digital strategy, focused on…

Despite Bitcoin’s history of volatility during geopolitical tensions, its price is unlikely to fall in the coming days following the US strike on Venezuela, according to a crypto analyst.“I don’t think we’ll see a widespread correction based on the attack…

The Nigerian Airspace Management Agency has reassured air travellers that Nigeria’s airspace and airport landing facilities remain safe and fully operational during the current haze associated with the harmattan season. In a Friday statement signed by the spokesperson of the…

BitMine Immersion Technologies has added another 82,560 Ether, worth roughly $259 million, to Ethereum’s staking system, intensifying congestion in the network’s validator entry queue as institutional demand for yield continues to build.Data from Arkham shows that the Ether (ETH) treasury…

President Bola Tinubu has congratulated the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on his appointment to the Royal Victorian Order by King Charles III. The congratulatory message was contained in a statement issued on Tuesday…