The Office of the Tax Ombud has assured Nigerian taxpayers of improved protection and fair treatment as it begins implementing guidelines aimed at safeguarding taxpayer rights, strengthening trust, and enhancing voluntary tax compliance. The assurance followed a meeting held recently…

The International Monetary Fund has called on central banks to exercise caution in cutting interest rates, emphasising that maintaining price stability remains critical amid uneven growth and persistent inflation pressures. In its latest 13-page World Economic Outlook update, the Fund…

Nigerians spent a total of $985m importing motor vehicles and parts from the United States in the first 10 months of 2025, marking a sharp rise from the $543m recorded in the corresponding period of 2024, latest data from the…

US-based spot Bitcoin exchange-traded funds (ETFs) have extended their outflow streak to five days as crypto market sentiment continues to wane.Spot Bitcoin (BTC) ETFs posted $103.5 million in net outflows on Friday, continuing an outflow streak that began the previous…

Founder of Rifugio Communications Limited, Dr Kayode Thomas, discusses Nigeria’s mobile phone market with DARE OLAWIN, reflecting on the company’s growth journey, operational challenges, and expansion plans. He also shares what continues to motivate his investments in Nigeria despite prevailing…

The biggest obstacle to Bitcoin (BTC) being used as a payment method is tax policy, not scaling technology that reduces settlement times and transaction costs, according to Pierre Rochard, a board member for Bitcoin treasury company Strive. “Here’s a metaphor: the…

The Nietzschean Penguin (PENGUIN) token, a memecoin launched on the Solana layer-1 blockchain network, surged by about 564% following a social media post from the United States White House.On Friday, the White House published a social media post on X…

The number of Bitcoin (BTC) nodes signaling support for Bitcoin Improvement Proposal 110 (BIP-110), a temporary soft fork limiting the amount of data included in each transaction at the consensus level, rose to 2.38%. 583 out of 24,481 nodes are running…

More than one in four developing economies still have lower per capita income than before the COVID-19 pandemic, exposing a deep and persistent divide in the global recovery, the World Bank has said. “More than one-quarter of emerging market and…

The proposed restrictions on stablecoin yields under the US CLARITY Act risk driving capital out of regulated markets and into offshore, opaque financial structures.Colin Butler, head of markets at Mega Matrix, said banning compliant stablecoins from offering yield would not…

The United States’ geopolitical brinkmanship over Greenland has thrown its economic ties to the EU into sharp relief. European powers are considering what instruments it has to combat US belligerence, including the “nuclear option” of offloading US debt.The tone has…

Ethereum cofounder Vitalik Buterin declared 2026 to be the “year we take back lost ground in computing self-sovereignty,” starting with his own devices. In a Friday post on X, he laid out the software changes he has made to reduce reliance…

The Netherlands plans to tax unrealized capital gains on a range of investments, including stocks, bonds and cryptocurrencies, sparking warnings of capital flight.A majority of lawmakers in the Dutch parliament appear ready to back changes to the country’s Box 3…

Crypto-friendly fintech unicorn Revolut plans to apply for a banking license in the United States, abandoning earlier plans to acquire a local lender as it seeks to expand its global presence, the Financial Times reported Friday.The United Kingdom-based fintech has…

The Ethereum Foundation has made post-quantum security a central focus of the network’s long-term roadmap, announcing the formation of a dedicated Post Quantum (PQ) team.The new team will be led by Thomas Coratger, a cryptographic engineer at the Ethereum Foundation,…