Friday, July 3

Business

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…

BTC is Range-Bound Below ,000 Until These Metrics Change

While Bitcoin (BTC) continues to hover near $87,000, onchain activity and exchange liquidity metrics suggest that the market is operating in a low-participation period, limiting its move above $90,000.Key takeaways:Bitcoin traded near $88,000 as network activity fell to yearly lows,…

Equities rally as NGX adds N578bn in short week

Equities on the Nigerian Exchange continued their upward momentum in the holiday-shortened trading week, with market capitalisation rising by N578bn as renewed buying interest across key sectors lifted major indices. At the close of the latest trading session, total market…

Trend Research Buys 46,379 ETH While Some Public Treasuries Sell Ether

Trend Research purchased 46,379 Ether (ETH) on Wednesday to raise its holdings to about 580,000 ETH, making it larger than most public Ethereum treasuries tracked by CoinGecko.Only two listed companies, SharpLink Gaming and BitMine Immersion Technologies, currently report bigger ETH…

ICAN tasks FG on tax dividends

The immediate past president of the Institute of Chartered Accountants of Nigeria and grand patron of ICAN Mowe District, Davidson Alaribe, has urged the Federal Government to ensure that Nigerians enjoy the dividends of the taxes they pay as it…

Ethena’s USDe Loses .3 Billion After October Crypto Crash

Ethena’s synthetic dollar USDe has shed about $8.3 billion in net outflows since the major liquidation event on Oct. 10, as confidence in leveraged and synthetic collateral structures continues to weaken.According to a report from 10x Research, the October sell-off…

LEAP Africa empowers over  300 Lagos students

LEAP Africa, in partnership with Dow Chemical and TEM Nigeria, has empowered over 300 students in Lagos public schools with fully equipped, solar-powered digital libraries. The initiative, aimed at bridging the digital divide, was implemented at Onike Girls High School,…

IMF Says El Salvador will Sell Chivo Bitcoin Wallet

Update (Dec. 23, 10:09 pm UTC): This article has been updated to include a statement from the IMF and clarify details on the Chivo sale.The International Monetary Fund’s mission chief for El Salvador issued a statement confirming that government authorities…

CBN woos global investors with reforms

The Central Bank of Nigeria is taking its reform narrative to global investors, projecting policy stability, macroeconomic discipline, and renewed confidence to attract sustained capital inflows, JUSTICE OKAMGBA writes The Central Bank of Nigeria has taken its drive to attract…

Upexi Falls 7.5% After Filing for B Raise

Shares in Upexi closed Tuesday down 7.5% after it filed to raise up to $1 billion to expand its Solana treasury and pursue other opportunities related to the token.Upexi said in its shelf registration filing to the Securities and Exchange…

Benin, firm unveils e-passport platform

Seamfix, a digital identity and biometric solutions provider, in partnership with the government of the Republic of Benin, has launched ePass, a self-service digital passport renewal platform designed for Beninese citizens living abroad. This is contained in a statement by…

Crypto ETF Outflows Show Institutions Disengaging: Glassnode

Bitcoin and Ether exchange-traded funds have seen a prolonged streak of outflows, indicating that institutional investors have disengaged with crypto, says the analytics platform Glassnode.Since early November, the 30-day simple moving average of net flows into US spot Bitcoin (BTC)…

Bitcoin Never Hit 0K if Adjusted for Inflation: Galaxy

Bitcoin came just shy of hitting a milestone six figures when inflation is factored in, despite the cryptocurrency hitting an all-time peak of above $126,000 in October, says Galaxy head of research Alex Thorn.“If you adjust the price of Bitcoin…

Labour tasks states, LGAs on insecurity

Organised labour has called on state governments and local government authorities to take greater responsibility for tackling Nigeria’s worsening insecurity, warning that the failure to act decisively is draining household incomes and restricting citizens’ freedom of movement. The call follows…

© 2026 The Online Guru. All Rights Reserved.