Business
The European Union’s cryptocurrency industry has entered a new enforcement phase as the transition period under the Markets in Crypto-Assets (MiCA) regulation came to an end.The end of the transition means crypto companies without MiCA…
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 Petroleum Refinery has announced the launch of a dedicated hotline for Nigerians to report any MRS Oil Nigeria Plc filling station selling Premium Motor Spirit (petrol) above the approved pump price of N739 per litre. The firm also warned…
Gnosis chain operators executed a hard fork to recover funds tied to a $116 million Balancer exploit in November.In a Tuesday X post following a notice for node operators, Gnosis said it executed a hard fork to recover some of…
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 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…
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…
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…
As Nigeria’s economy begins to show tentative signs of improvement, with inflation easing and the naira gaining stability, many Nigerians are yet to feel any real relief. In this interview, the Chief Executive Officer of Lukefield Finance Company, Omotayo Asupoto,…
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…
The Nigerian Civil Aviation Authority (NCAA) says it carried out an inspection of the Abuja operations of three domestic airlines on Monday, following multiple complaints about poor passenger handling and non-compliance with consumer protection regulations at the Nnamdi Azikiwe International…
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 (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 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, 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…
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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