As gold prices surged to $5,300 this week, Tether and Coinbase — the two companies behind the world’s largest US dollar stablecoins — are taking different approaches to gaining exposure to the precious metal. Spot gold climbed above $5,300 per…

The Nigeria Civil Aviation Authority said the viral video of passengers on an Air France flight aggressively demanding water is old and has no link to any Abuja-bound flight, despite claims circulating on social media. The Director of Public Affairs…

Bitcoin ETF investors contend with price dropping to their aggregate entry level, but a crypto executive claimed that new institutions were lining up.Bitcoin (BTC) institutional investors face a test of “conviction” as exchange-traded fund (ETF) holdings tumble by $6 billion.Key…

The Federal High Court sitting in Abuja has ordered the final seizure, condemnation, and forfeiture of a Bombardier BD-700 Global 6000 aircraft, with registration mark 9H-GVG and manufacturer’s serial number 9470, operated by Orlean Invest Africa Limited, to the Federal…

Bitget appointed former Bitpanda chief legal officer and prior KuCoin EU head Oliver Stauber as CEO of Bitget EU to lead the exchange’s Markets in Crypto Assets Regulation (MiCA) expansion and set up its new European headquarters in Vienna.The entity,…

The National Tax Policy Implementation Committee has sustained its stakeholder engagement programme, holding a high-level consultative session with leading tax advisory firms, professional bodies, and institutional representatives to support the effective implementation of Nigeria’s newly enacted tax laws. It was…

The UK’s advertising watchdog has reportedly banned a series of Coinbase advertisements claiming they presented the crypto exchange as a solution to cost-of-living concerns while making light of the risks of investing in crypto.The UK Advertising Standards Authority said the…

Aviation workers’ unions have rejected the Federal Government’s concession of the Enugu airport, describing the process as insensitive, opaque, and exclusionary, warning that industrial action may follow if the decision is not reversed. The unions—the Air Transport Services Senior Staff…

Cryptocurrency exchange OKX is rolling out a payment card in Europe, allowing users to spend stablecoins at merchants accepting Mastercard.The OKX Card is issued through the company’s Electronic Money Institution (EMI) partner, Monavate, OKX said Wednesday in an announcement shared…

The Federal Government has taken steps towards resolving Nigeria’s estimated N4tn power sector debt burden as five power generation companies signed settlement agreements under the Presidential Power Sector Debt Reduction Programme, following the issuance of a N501bn bond. The bond,…

Bitcoin could break out of its “sideways funk” if the United States central bank attempts to support a failing Japanese bond market by printing money, according to BitMEX founder Arthur Hayes.Hayes proposed a theory on Wednesday about how the Federal…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has invited global energy investors, upstream operators, financial institutions and strategic partners to a webinar ahead of Nigeria’s 2025 oil and gas licensing round. In an advertorial posted on its official X page,…

The Central Bank of Nigeria has approved a temporary window allowing importers to use expired National Agency for Food and Drug Administration and Control licences for import documentation, offering short-term relief to businesses affected by system changes in Nigeria’s trade…

The use of centralized crypto exchanges for laundering illicit funds is on the decline, with Chinese-language money laundering networks now being used more than ever, according to Chainalysis.Chainalysis said in a report on Tuesday that informal service-based networks offered through…

President Recep Erdogan of the Republic of Türkiye, on Tuesday in Ankara, said his country targets a $5 billion trade volume with Nigeria, adding that discussions to actualise this have already commenced. President Erdogan stated this during a joint press…