Saturday, October 17

Business

Dakota Launches Stablecoin Platform for Enterprise Payments and Treasury

Financial technology company Dakota launched a stablecoin infrastructure platform as more enterprises look to adopt digital dollars without taking on the operational and regulatory burden of custody and compliance.Dakota will handle custody, compliance and settlement on behalf of its clients.…

NUPRC tops revenue agencies with record N8.5tn remittance

The Nigerian Upstream Petroleum Regulatory Commission has remitted a record N8.503tn revenue to the Federation Account jointly run by the federal, state, and local governments, between January and December 2025, The PUNCH reports. The amount represented a 17 per cent…

Oil prices rise for third consecutive day amid US–Iran tension

Oil prices rose on Thursday, extending gains for a third consecutive day as concerns grew that the United States could take military action against Iran—a key Middle Eastern oil producer—potentially disrupting regional supplies. Brent crude futures rose by 94 cents,…

Kogi Govt, telecom firms partner to protect infrastructure

The Kogi State Government has taken decisive steps to address recurring disputes with telecommunication companies over the laying of fibre-optic cables and the protection of telecom infrastructure across the state. To resolve the issues and prevent future confrontations, the State…

Messari Calls DePIN a B Sector with Resilient Revenues

Decentralized physical infrastructure networks (DePINs) have been written off as dead by many investors, but a new “State of DePIN 2025” report from Messari and Escape Velocity argues the sector has steadily grown into a $10 billion market generating $72…

Lagos airport temporary terminal nears completion — FAAN

The Federal Airports Authority of Nigeria (FAAN) says the temporary terminal at the Murtala Muhammed International Airport (MMIA) in Lagos State, is nearing completion as part of efforts to sustain international flight operations during the planned rehabilitation of the ageing…

PenCom pays N8.70bn arrears to 2,116 NSITF retirees

The National Pension Commission has approved an upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund, increasing their total monthly pension payments from N12.56m to N159.95m. In a statement on Wednesday, PenCom said that the…

Citrea Bitcoin Rollup Launches Mainnet, ctUSD Stablecoin

Founders Fund and Galaxy Ventures-backed Bitcoin zero-knowledge rollup (ZK-rollup) Citrea launched its mainnet on Tuesday with BTC collateral lending, BTC-structured products and a new US dollar stablecoin, ctUSD. The launch is aimed at turning what Citrea calls “economically idle” Bitcoin (BTC)…

NCC reports improved telecom network quality in Q4

The Nigerian Communications Commission on Wednesday said its Q4 2025 industry performance data shows measurable improvements in network quality and service delivery across the country, as the regulator deepened efforts to promote transparency and accountability in the telecommunications sector. At…

South-West states propose N8.7tn combined 2026 budget

The Development Agenda for Western Nigeria Commission has disclosed that South-West states have proposed a combined budget of about N8.7tn for 2026, with capital expenditure accounting for more than half of total spending. This was disclosed on Tuesday at the…

Analysts Say This Must Happen for Bitcoin to Take Out K Resistance

Bitcoin’s (BTC) pre-FOMC rally on Wednesday stalled at $90,000 amid stiff overhead resistance and weak ETF demand. Still, several data points suggested that upward momentum may increase once the BTC/USD pair breaks above $93,000.Key takeaways:BTC bulls must flip the $90,000-$93,000…

Tinubu urged to rescue NCX  from imminent collapse

Workers of the Nigeria Commodity Exchange have urged President Bola Ahmed Tinubu to urgently intervene and rescue the Exchange from imminent collapse, warning that the institution has been pushed to the brink by funding withdrawal, governance lapses and unresolved staff…

Metaplanet Greenlights 7M Overseas Capital Raise

Tokyo-listed Bitcoin-focused company Metaplanet approved an overseas capital raise of up to $137 million, combining new common shares and stock acquisition rights as it looks to expand its Bitcoin holdings and reduce debt. In a Thursday filing, Metaplanet said it plans…

Advertisement
Demo
© 2026 The Online Guru. All Rights Reserved.