Business
The Reserve Bank of India (RBI) reportedly backed a containment strategy for digital assets to shield banks and other financial institutions from exposure to crypto and privately issued stablecoins, as lawmakers prepare a report on…
The Nigerian government launched the Enterprise Content Management System (ECMS) on Wednesday at the Ministry of Petroleum Resources. The ECMS, deployed on the 1Gov Cloud platform, enables electronic approvals, automated workflows, and interoperability across government, shifting decision-making from the movement…
Bitcoin (BTC) institutional outflows continued into Christmas as the US gained the title of biggest BTC seller.Key points:Bitcoin ETF netflows stay negative for Christmas Eve as the institutional investment vehicles lose another $175 million.Tax obligations and the quarterly options expiry…
Nigeria is once again seeking to repair its fragile revenue system, but the risks this time are significantly higher than in previous reform efforts. SAMI TUNJI examines how the far-reaching new tax laws will test the country’s revenue strategy, compelling…
The majority of crypto exploits in the coming year won’t be caused by a zero-day bug in your favorite protocol, say crypto security experts. It’s going to be caused by you. That’s because 2025 has shown that the majority of hacks…
The Nigerian National Petroleum Company Limited and 12 other ministries, departments, and agencies of the Federal Government recorded zero in the Ethics and Integrity Compliance Scorecard of the Independent Corrupt Practices and Other Related Offences Commission. According to a publication…
The crypto sector reportedly saw a record $8.6 billion worth of deals in 2025, as the crypto-friendly Trump administration gave confidence to crypto-focused mergers and acquisitions.The Financial Times reported on Wednesday that 267 deals were inked in the crypto industry…
The Chairman of SIFAX Group, Dr Taiwo Afolabi, has said that despite dynamic economic challenges and global uncertainties, the company remains anchored in divine clarity and stability. According to a recent statement, Afolabi disclosed this during the 3rd edition of…
Solana and Ethereum will both thrive in the tokenization race and neither blockchain will push the other out of the space, says Dragonfly general partner Rob Hadick.“They are both Facebook,” Hadick told CNBC’s “Squawk Box” on Wednesday, when asked which…
The Nigerian Immigration Service has flagged off the fourth edition of its nationwide sensitisation corruption campaign. Speaking in Apapa on Monday during the campaign themed, ‘Innovating for transparency and efficiency, strengthening service delivery and combating corruption through reforms’, the Comptroller-General…
Some Polymarket users reported that their accounts had been breached and drained, which the prediction market blamed on a third-party provider.Prediction markets platform Polymarket has pinned a series of reported user account breaches on a third-party login tool.In a post…
Dufil Prima Foods Limited, makers of Indomie Instant Noodles, has expanded its engagement with children and families with the official premiere of the first-ever Indomie Fan Club Family TV Show, held recently in Lagos. Created by the Indomie Fan Club…
Ether (ETH) has experienced renewed accumulation from large whales over the past few days, despite the price being compressed under $3,000. However, recent onchain and futures data indicate growing pressure for a potential breakout. Key takeaways:Large whales added over $2 billion…
United Nigeria Airlines and Max Air recorded the highest proportions of flight cancellations in the third quarter of 2025, according to data released by the Nigeria Civil Aviation Authority. This came as the NCAA revealed that domestic carriers paid more…
Former Alameda Research CEO Caroline Ellison, sentenced to two years in prison for her role in the misuse of clients’ funds at cryptocurrency exchange FTX, will be released in a matter of weeks following an update from US federal authorities.As…
Nigeria’s internet usage reached a record 1.24 million terabytes in November 2025, according to the latest data from the Nigerian Communications Commission. The figure, up modestly from 1.235 million terabytes in October, reflects steady growth in digital activity across the…
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