Business
Activity on major altcoin networks, namely Solana and Ethereum, saw major milestones in January. Daily active addresses on Solana consistently topped 5 million in the second half of the month.Ethereum overtook major layer 2s in…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has said Nigeria will begin exporting urea in 2028 as the country positions itself as a major hub for value-added oil and gas products. The authority also disclosed that Nigeria would soon…
Digital asset treasury (DAT) companies are likely to face consolidation in 2026, as the largest, best-capitalized players continue to accumulate Bitcoin and Ether while smaller companies struggle to keep pace, according to Pantera Capital.DATs are set for “brutal pruning” in…
Interswitch, one of Africa’s leading integrated payments and digital commerce companies, played a pivotal role at the inaugural Delta Tech Week 2025, the flagship innovation, technology, and entrepreneurship festival organised by the Delta State Government through its Ministry of Science…
Bitcoin long-term holders of two years or more broke records during 2024 and 2025, says a new analysis of the latest bull market.Bitcoin (BTC) is seeing record selling from old hands — but the trend began far below current prices.Key…
Global investors expressed caution as markets reacted to renewed geopolitical tensions following United States President Donald Trump’s threat to pursue Greenland, raising concerns over a potential trade conflict with Europe, Reuters reports. Volatility across asset classes rose sharply on Tuesday,…
F/m Investments asked the United States Securities and Exchange Commission (SEC) to allow it to tokenize shares of its flagship Treasury exchange-traded fund (ETF).The $18 billion asset manager filed Wednesday for exemptive relief to let the F/m US Treasury 3…
The Nigerian Exchange Limited closed Wednesday’s trading session on a positive note, as equities gained marginally amid broad-based buying interest that lifted market capitalisation by N6.88bn. At the close of trading, the total market capitalisation of listed equities rose to…
Vietnam began accepting applications for licenses to operate digital asset trading platforms, marking the operational start of the country’s long-planned pilot program for a regulated crypto market.The State Securities Commission of Vietnam (SSC) officially opened the licensing window on Tuesday,…
The Ambassador of Denmark to Nigeria, Mr Jens Hansen, has stated that the country, through APM Terminals, has invested approximately $1.2bn in Nigerian ports, with plans to make further investments to expand its operations. In a statement on Tuesday by…
The Bitcoin Policy Institute (BPI), Fedi and Cornell University are launching a two‑year study on how Americans view financial privacy, the trade‑offs they will accept and how regulation shapes their behavior. The initiative brings together a Bitcoin (BTC) wallet company with…
The Minister of Power, Adebayo Adelabu, has challenged the Energy Commission of Nigeria and the Rural Electrification Agency to deepen collaboration aimed at boosting local production of electricity components, cutting imports, and conserving foreign exchange. Adelabu said the proposed synergy…
Strive, an asset manager co-founded by former US presidential candidate Vivek Ramaswamy in 2022, plans to raise as much as $150 million through an offering of preferred stock, with proceeds earmarked for debt repayment and Bitcoin purchases.Strive said it plans…
The European Parliament has suspended its work on a proposed trade deal between the European Union and the United States following renewed tariff threats by US President Donald Trump and his controversial comments on Greenland, according to Reuters. Reuters reported…
Layer-1 blockchain protocol Saga has paused its SagaEVM chainlet after it suffered a $7 million exploit that saw unauthorized funds bridged out and converted into Ether.The Saga team announced in an X post on Wednesday that it had paused the…
A sharp rise in intra-African trade is beginning to redefine West Africa’s industrial prospects, as fresh data and policy initiatives point to deeper regional integration and expanding manufacturing activity. Figures from the Nigeria Customs Service indicate that Nigeria’s exports to…
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