Friday, July 3

Business

NRC boss cracks down on illegal railway property deals

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…

EU Council Endorses Online and Offline Digital Euro

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…

Festive rush spikes Lagos ride-hailing fares

Ride-hailing prices in Lagos have surged as the city’s Detty December celebrations draw crowds to concerts, beach parties, shopping centres, and nightlife venues. The influx of residents, returnees, and tourists has pushed up demand for services on platforms such as…

Recent Bitcoin Miner Troubles Could Be Bullish for BTC Price

Bitcoin’s hashrate fell 4% over the month to Dec. 15, which could be a positive sign for the cryptocurrency’s price in the months ahead as miner capitulation is “historically a bullish contrarian signal,” VanEck analysts say. “When hash rate compression persists…

Engineers canvass ethical AI to protect human rights

Engineers across Africa are urging ethical use of artificial intelligence as the technology expands into areas affected by insecurity, forced labour, and human trafficking. Experts say AI can help improve safety, but caution that it must not compromise human rights.…

Arizona Lawmaker Proposes Barring Taxes on Crypto and Blockchain

Arizona state Senator Wendy Rogers has proposed two bills and a resolution in an effort to change the state’s laws on taxing digital assets.In legislation prefiled with the Arizona Senate on Friday, Rogers proposed amending state statues to exempt virtual…

Oyedele dismisses claims on Nigeria’s tax laws

The chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has rejected claims that Nigeria’s newly enacted tax reform laws were altered after their passage by the National Assembly, saying materials circulating in the media are false…

Strategy Adds 8M to Cash Reserves, Skips Bitcoin Buys

Strategy added $747.8 million in net proceeds from the sale of common stock last week to its cash reserves and paused its Bitcoin purchases, as the company rebalances its assets amid the crypto downturn. According to a post by Strategy executive…

CFTC, SEC chairs are Crypto Regulation ‘Dream Team‘

US President Donald Trump’s AI and crypto czar has signaled that the White House may have all the pieces in place for digital asset regulation following the confirmation of Michael Selig to chair the Commodity Futures Trading Commission.In a Monday…

How U.S. Banks Are Quietly Preparing for an Onchain Future

Key takeawaysUS banks are prioritizing tokenized versions of familiar products, including deposits, funds and custody, rather than launching new crypto-native assets.Most onchain bank activity is taking place in wholesale payments, settlement and infrastructure, largely out of public view.Regulators are increasingly…

Ethereum Rebounds to K: Whales Accumulate Before Breakout

Ether’s (ETH) price reclaimed the $3,000 level on Monday, a 16% rebound from the $2,620 multimonth low reached on Nov. 21. Market analysts pointed to key data metrics that suggest that ETH is “building up for breakout” to higher highs.Key…

JPMorgan Explores Crypto Trading for Institutional Clients: Report

Banking giant JPMorgan Chase is considering offering cryptocurrency trading to its institutional clients, marking a significant expansion for a traditional financial institution expanding its digital asset services.According to a Monday Bloomberg report citing a person familiar with the plans, JPMorgan…

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