Friday, July 3

Business

Here’s an Early Release from Custody

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…

Internet usage hits 1.24m terabytes —NCC

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…

From boom-era prices to utility and real-world use

In 2021, a non-fungible token (NFT) by digital artist Beeple was sold for a staggering $69.3 million at a Christie’s auction. Roughly a year later, blockchain entrepreneur Deepak Thapliyal bought a CryptoPunk NFT for $23.7 million in one of the…

Ekiti domesticates Nigeria Tax Administration Act

Ekiti State has become the first in Nigeria to domesticate the Nigeria Tax Administration Act, marking an early test of how subnational governments may align with the country’s ongoing tax reforms. Governor Biodun Oyebanji signed the Ekiti State Revenue Administration…

VCs Pick Incumbents, Stablecoins as 2025 Crypto Winners

After a year of regulatory change and uneven market performance, crypto investors are reassessing where value accrued in 2025. In a recent podcast, Pantera Capital partner Mason Nystrom, Hash3 co-founder Hootie Rashidifard and Variant partner Alana Levin identified incumbents, such as…

Customs enhance trade facilitation with new scanning tech

The Nigeria Customs Service has intensified preparations for the operational take-off of its newly installed FS6000 scanning machine at APM Terminals, Apapa. According to a statement on Tuesday by the Public Relations Officer of the command, Isah Sulaiman, the preparations…

Kyrgyzstan State-Backed Stablecoin to be Listed on Binance

Kyrgyzstan President Sadyr Japarov said a recently launched stablecoin pegged to the country’s fiat currency has been listed on cryptocurrency exchange Binance.In a Wednesday X post, Japarov said Kyrgyzstan’s KGST stablecoin, pegged to the som, would contribute to the development…

FG, NNPC push to rebuild Ogoniland trust

the Federal Government and the Nigerian National Petroleum Company Limited have signalled a renewed push to rebuild trust and restart responsible energy development in Ogoniland, Rivers State, decades after oil operations were suspended amid environmental degradation and community unrest. The…

Bitcoin Bears Aim For Victory In .3B Options Expiry

Key takeaways:$30.3B in Bitcoin options will expire at year-end, with most call (buy) bets placed well above the $89,000 to $94,000 price range.Bearish strategies stay favored unless BTC breaks $94,000 as prices above $88,000 have erased over half of put…

Yuletide: NCAA cautions airlines as refunds hit record high

The Nigerian Civil Aviation Authority has issued a warning to domestic airlines over persistent flight delays and the failure to provide adequate care for passengers during Yuletide, warning that sanctions will be imposed on operators that continue to violate consumer…

Decentralized Identity in 2025 and the Next Phase of Privacy

For years, Ethereum co-founder Vitalik Buterin has advocated for privacy in the crypto space. Buterin argues that onboarding users alone is not enough, cautioning that widespread use of “walled gardens” would undermine the core purpose of decentralized systems.“The goal is not…

Ethereum Options Expiry Shows Risks Below ,900

Ether (ETH) has been unable to sustain prices above $3,400 for the past 40 days, raising concerns among traders that bears may remain in control for longer. Key takeaways:$6B in Ether options will expire on Dec. 26, with call (buy)…

FAAN seeks stakeholders’ cooperation as festive travel peaks

As the festive travel season reaches its peak across the country’s airports, the Federal Airports Authority of Nigeria has called on all aviation stakeholders to work collaboratively to ensure a seamless and pleasant experience for passengers. The appeal was made…

Offchain Labs Buys More ARB as Arbitrum Hits B Milestone

Offchain Labs, the primary developer behind Arbitrum, has purchased additional ARB tokens, signaling long-term conviction in the network at a time when sentiment across the sector has weakened, and governance token prices have faced sustained pressure.In a post on X…

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