Friday, July 3

Business

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…

Dangote urges local production, backward integration

The Chairman of Dangote Group, Aliko Dangote, has called for increased local production and stronger backward integration as critical steps toward positioning Nigeria as Africa’s leading manufacturing hub, stressing that the country must reduce its dependence on imports to achieve…

Cipher Mining Buys Ohio Power Site, Enters PJM Market

Cipher Mining has acquired a 200-megawatt power site in Ohio called “Ulysses,” marking its first expansion outside of Texas and entry into the PJM wholesale electricity market, the largest power market in the United States.According to Tuesday’s announcement, the 195-acre…

Experts decry foreign agencies’ dominance in research sector

Industry experts have criticised the preference for foreign research agencies in Nigeria, warning that the trend undermines local capacity development and weakens the credibility and growth of the country’s research industry. This reservation was made at the 2025 Annual General…

Upcoming US Crypto Legislation and Policies to Watch in 2026

Many crypto industry leaders and users anticipate significant changes in the US regulatory environment over the next 12 months, as various policy changes and legislation begin to take effect. Although the inauguration of US President Donald Trump in January 2025…

Crypto.com Builds Internal Market Maker for Prediction Markets

Cryptocurrency exchange Crypto.com is building an internal market-making team as part of its expansion into prediction markets, a move the company says is fully aligned with federal regulations and intended to improve liquidity, even as market-making in outcome-based trading continues…

NGX rallies as investors gain N257bn

The Nigerian Exchange closed the first trading session of the week on a positive note, with investors gaining N257bn as buying interest in select stocks lifted key market indices. At the close of trading, total market capitalisation rose to N97.2tn,…

Bitcoin Plots Comeback Against Gold Below ,000

Bitcoin (BTC) stayed lower into Tuesday’s Wall Street open as traders saw further BTC price downside next.Key points:Bitcoin shorts pile in ahead of the Wall Street open as Bitcoin and precious metals continue to go separate ways.Moving averages function as…

Seplat switches onshore assets to new fiscal regime

Seplat Energy said it has wrapped up the conversion of its two onshore operations, Seplat West and Seplat East Onshore, to a new industry fiscal system that gives more room for output expansion, investment and cost efficiency. The change means…

Chappal Energies secures 0m reserve lending facilities

Chappal Energies, through its subsidiary Chappal Investments Limited, has completed a $340m Senior Secured Reserve Based Lending facility and a $90m Junior Secured RBL facility. The company, in a statement on Monday signed by its Chief of Corporate Services and…

How Bhutan Is Using Hydropower to Build a Green Bitcoin Economy

Key takeawaysBhutan is using surplus, carbon-free hydropower to mine Bitcoin, converting excess electricity into a liquid digital export rather than curtailing generation.Mining and custody are handled by the sovereign investment arm, Druk Holding and Investments (DHI), and confined to designated…

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