Hive’s strategy targets meeting the rising demand for AI computing while boosting its balance sheet with green-mined Bitcoin. Read the full article here

The Nigerian Investment Promotion Commission, the Revenue Mobilisation, Allocation and Fiscal Commission, and the Development Bank of Nigeria have emerged as the top three agencies on the 2024 Freedom of Information Ranking of 245 Ministries, Departments and Agencies in the…

Stay informed with free updatesSimply sign up to the US interest rates myFT Digest — delivered directly to your inbox.Federal Reserve chair Jay Powell signalled that the US central bank would consider reverting to its more usual quarter-point cut in…

Bitcoin’s price correction is driven by a weakening global economy, conflict in the Middle East, and concerns over an AI bubble. Read the full article here

The net profit for United Bank for Africa (UBA) for the six months to June dropped 16 per cent to N316.4 billion, the audited report of the pan-African lender showed on Monday after release. Post-tax profit for Nigeria’s second-biggest lender…

The Technical Sub-Committee on Domestic Sales of Crude Oil in Local Currency, on Sunday, confirmed that the supply of crude in naira by the Nigerian National Petroleum Company Limited to the Dangote Petroleum Refinery is to begin on Tuesday, October…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US private equity group TPG is nearing a €7bn deal to acquire the German metering company Techem, in a takeover that would…

Bitcoin and altcoins are witnessing end-of-month volatility, but traders remain upbeat about October due to the crypto market’s history of strong performance in Q4. Read the full article here

Haiti has become the 12th Caribbean Community (CARICOM) member state to accede to the partnership agreement between and among CARICOM countries and the African Export-Import Bank (Afreximbank).  During a ceremony on 25 September at the Haitian Investment Forum, held on…

The Nigerian Ports Authority has said that 33, 471 vessels visited Nigerian Ports between 2015 to 2022. The NPA disclosed this in the 3rd Edition of its handbook detailing the port statistical data between 2015 and 2022 obtained by The…

In the three days since Israel assassinated Hizbollah’s leader Hassan Nasrallah, the country has used its unrivalled air superiority to launch wave after wave of strikes on Lebanon. But now it appears set to move to a new stage of…

Cypherpunk Jameson Lopp is making sure there are viable custody solutions that prioritize the user. Read the full article here

The Coordinator of the Women-In-Surveying Federal Capital Territory chapter, Abuja, Mrs Ajoke Akintola, has urged Nigerian women to actively engage in the built environment to accelerate national development. This appeal was made during the annual Women-in-Surveying seminar in Abuja recently…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Masayoshi Son’s SoftBank will invest $500mn into OpenAI as part of a fundraising round that is expected to close this week and…

Investors piled into Bitcoin investment funds and crypto ETPs, with more than $1 billion in inflows over the last week. Read the full article here