Business
Bitcoin (BTC) saw new July highs on Friday as bulls kept pushing over the US holiday period.Key points:Bitcoin sustains upside momentum as BTC price action nears its 200-week moving average.That trend line now forms the…
Dangote Cement Plc, Gboko Plant, has rolled out a comprehensive social programme aimed at driving sustainable economic empowerment in its host communities. Speaking on Monday at a ceremony in Gboko, the Head of Social Performance of Dangote Cement Plc, Gboko…
Bybit will begin phasing out services for residents of Japan from 2026, introducing gradual account restrictions as it moves to comply with the country’s regulatory requirements, the cryptocurrency exchange said on Monday.The exchange said users classified as Japanese residents will…
The Naira opened the trading week on Monday on a stronger note, appreciating against the dollar at the official market to trade at N1,456.56. The News Agency of Nigeria reports that, according to data released on the website of the…
The Nigerians in Diaspora Chamber of Commerce has introduced investment platforms targeted at Nigerians in the diaspora. The Chamber, according to a statement, formally launched eight prospective projects on Monday in Lagos at an event themed ‘The People, the Business,…
Ethereum treasury company Bitmine has hit a key milestone after its Ether stash surpassed 4 million tokens this week following the firm’s latest $40 million purchase.Bitmine said on Monday that its holdings now sit at over 4.06 million Ether (ETH),…
FirstBank has announced Professor Kenneth Amaeshi as the first occupier of the FirstBank Samuel Asabia Professorial Chair of Business Ethics at the University of Lagos. The announcement was made in a statement on Monday. The FirstBank Samuel Asabia Professorial Chair…
The typical altcoin rally is likely to wane next year, with only “blue chip” cryptocurrencies seeing the lion’s share of liquidity, says CoinEx Research chief analyst Jeff Ko.“Retail investors expecting a rising tide to lift all boats will be disappointed,”…
The NEM Group has recognised outstanding staff and retirees at its 2025 end-of-year celebration at the Group’s head office in Lagos. The celebration brought together representatives of NEM Insurance Plc, NEM Asset Management Limited and NEM Health Limited. Speaking at…
The US Commodity Futures Trading Commission has officially undergone a change of leadership, with acting chair Caroline Pham saying she will leave the agency on Monday, while Mike Selig was sworn in as chair.Pham, who had been serving as the…
Regent Microfinance Bank has distributed over N10bn in cumulative loan disbursements to Micro, Small, and Medium Enterprises across the country. Disclosing this in a statement on Monday, the MfB said that the milestone reflected its commitment to close Nigeria’s persistent…
Crypto derivatives markets are heating up as Glassnode reports perpetual open interest has risen in anticipation of a big move at the end of this year.Perpetual open interest (OI) has risen from 304,000 to 310,000 Bitcoin (BTC) as its price…
Investors interested in the Federal Government offer to boost liquidity in the power sector have less than nine days to subscribe to the N590bn Series 1 Power Sector Bond issued by NBET Finance Company Plc, with the offer scheduled to…
BlackRock says its spot Bitcoin exchange-traded fund was one of its three biggest investment themes in 2025, putting it alongside Treasury bills and the largest US tech stocks.The asset manager named its iShares Bitcoin Trust ETF (IBIT) alongside its ETF…
Anxiety has gripped the Nigerian Railway Corporation following a stern warning by its Managing Director, Dr Kayode Opeifa, against the unauthorised sale, lease, or allocation of the corporation’s landed properties. In an internal circular dated December 18, 2025, and referenced…
The Council of the European Union (EU) the European Central Bank’s (ECB) digital euro design,A Friday document outlined the council’s position on the digital euro, including alignment with the ECB on launching online and offline variants simultaneouslyECB President Christine Lagarde…
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