Friday, July 3

Business

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…

Amplify Launches ETFs for Stablecoins And Tokenization

Digital asset manager Amplify has launched two exchange-traded funds tracking blockchain projects across stablecoins and tokenization. The company said on Tuesday that its Amplify Stablecoin Technology ETF (STBQ) and Amplify Tokenization Technology ETF (TKNQ) both went live on the NYSE Arca…

PZ posts N21.4bn half-year profit

PZ Cussons Nigeria Plc returned to profitability in the half year ended November 30, 2025, posting a profit after tax of N21.4bn, a reversal from the N7.0bn loss recorded in the corresponding period of 2024. In its financial statements filed…

DWF Labs Settles First Physical Gold Trade

DWF Labs, a cryptocurrency-focused market maker, has expanded into physical commodities after settling its first physical gold transaction, a rare move for a crypto-native company as precious metal prices continue to break record highs.On Monday, managing partner Andrei Grachev said…

Bitcoin Stability May Signal No Drawdown In 2026: Pomp

Bitcoin’s lack of an exciting year-end price rally may be the catalyst that prevents a significant crash in the first quarter of next year, according to Bitcoin entrepreneur Anthony Pompliano.“Given where the volatility is right now, it would be very…

PHD Media Nigeria clocks 15

PHD Media Nigeria marked its 15th anniversary in Lagos, drawing clients, partners, industry leaders, and staff past and present to celebrate a journey that began in 2010 and has grown into one of Nigeria’s leading media and marketing communications agencies.…

Matador Gets Regulatory Nod for M Share-Sale

Bitcoin financial services firm Matador Technologies has received the regulatory green light to sell up to 80 million Canadian dollars ($58.4 million) worth of company shares, which it will use to help reach its goal of owning 1,000 Bitcoin by…

Peak celebrates togetherness with Christmas campaign

Peak Milk, one of Nigeria’s leading dairy brands, has launched its 2025 Christmas Campaign, themed “Enjoy Christmas at Its Peak,” aimed at bringing warmth, joy, and togetherness to Nigerian families during the festive season. A statement from the firm on…

Altseason Or Not, ETH, BNB, XRP, SOL And DOGE Could Lead

The cryptocurrency market witnessed pockets of outperformance from select altcoins in 2025, but a broad-based altcoin rally failed to materialize. According to CoinMarketCap data, Bitcoin (BTC) did not breach its yearly low dominance of 55.5% hit on Jan. 5, signaling…

Presidency applauds NEMSA reforms in PEBEC scorecard

The Presidential Enabling Business Environment Council has ranked the Nigerian Electricity Management Services Agency as the ninth best-performing federal agency in its 2025 performance assessment, with a score of 73.8 per cent. The rating, released by PEBEC, was based on…

Brett Harrison Raises M for Institutional Derivatives Platform

Brett Harrison, the former president of the now-defunct FTX US exchange, has closed a $35 million funding round for his new derivatives venture, signaling renewed investor confidence in the sector and continued venture appetite for crypto-linked derivatives infrastructure.On Tuesday, The…

Oil earnings fall short by N16.2tn

Despite an improvement in crude oil production, the Federal Government earned 63.49 per cent less than its projected oil revenue target in the first half of 2025, according to the second quarter Budget Performance Report released by the Budget Office…

Brazil Backs Bitcoin Music Project with Tax-Deductible Funding

An experimental orchestral project in Brazil aims to convert Bitcoin price data into live music, after receiving approval to raise funds through one of the country’s tax-incentive programs for cultural initiatives.According to Brazil’s Federal Register, the authorization allows the project…

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