Friday, July 3

Business

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…

Passengers shift to trains over 50% fare slash

A large number of passengers trooped to railway stations across the country on Tuesday as the Federal Government’s 50 per cent discounted Yuletide train service commenced. The Nigerian Railway Corporation said major routes recorded heavy traffic and near-full capacity operations.…

BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, LINK, HYPE

Key points:Bitcoin’s failure to sustain above $90,000 indicates a negative sentiment, where rallies are being sold into.Several major altcoins threaten to break below their recent lows.Bitcoin (BTC) has dipped back below $87,000, indicating a lack of demand at higher levels.…

Global equities rise on  strong US data

Global equities rose on Tuesday as stronger-than-expected economic data from the United States lifted investor sentiment, while Treasury yields climbed and the Japanese yen strengthened following warnings from Tokyo on currency intervention, Reuters reported. Data showed that the US economy…

Five Governments That Set Clear Crypto Licensing Rules in 2025

How regulatory frameworks became clearer (and friendlier) in 2025 For years, the cryptocurrency industry has operated under a patchwork of conflicting regulations — at times banned outright, at others welcomed with arms wide open and often left uncomfortably in between.…

Legend Internet commercial paper closes above full subscription

Legend Internet Plc has recorded a financial milestone after its Commercial Paper issuance closed with over 100 per cent subscription, underscoring strong investor confidence in the company’s business model, growth strategy and long-term outlook. The oversubscription reflects market sentiment towards…

Hong Kong to Roll Out New Licensing Requirements

Hong Kong regulators will proceed with legislating licensing regimes for crypto dealers and custodians after wrapping up consultations, as part of a broader push to tighten oversight.In a Wednesday announcement, the city’s Financial Services and the Treasury Bureau (FSTB) and…

Seplat completes onshore assets conversion

Seplat Energy Plc has completed the conversion of its operated onshore assets to the Petroleum Industry Act fiscal regime, replacing the former Petroleum Profit Tax framework, in a move expected to support improved profitability and operational efficiency. The company disclosed…

W’Bank urges digital access for vulnerable communities

The World Bank has highlighted the critical role digital technologies can play in protecting people and natural resources as environmental pressures intensify worldwide. The disclosure was made in a blog post published in 2025, following the release of the Bank’s…

3 Bitcoin Signs Pointing to a BTC Market Bottom

Bitcoin (BTC) may establish a local bottom after dropping by over 35% from its record high of around $126,200 established two months ago, based on a mix of technical and on-chain indicators.Key takeaways:Momentum, miner capitulation, and liquidity indicators point to…

Origin Tech marks 25 years advancing mechanised farming

Origin Group, one of Nigeria’s biggest tractor operators, has marked 25 years of sustained involvement in Nigeria’s agricultural mechanisation space, outlining how its interventions have helped reduce farmers’ drudgery, improve productivity, expand access to modern equipment, and reshape the country’s…

NNPC commits to peace, responsible energy development in Ogoniland

The Nigerian National Petroleum Company (NNPC) Limited has reaffirmed its commitment to peace, dialogue, and responsible energy development in Ogoniland. The NNPC’s Group Chief Executive Officer, Bashir Ojulari, said this in his remarks during a federal government delegation’s visit to…

Experts urge Nigeria to embrace AI adoption

Experts and advocates are calling on Nigeria to take urgent steps to prepare for the rapid adoption of artificial intelligence across key sectors. According to a statement made available to The PUNCH, AI Futures and Governance Reform Advocate Afolashade Jubrilla…

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