Business
The European Securities and Markets Authority (ESMA) has warned that many prediction market contracts may already fall under existing restrictions on binary options, saying companies cannot avoid financial regulations simply by marketing them as “event contracts.”In…
The Transmission Company of Nigeria (TCN) on Saturday said it has removed illegal structures encroaching on its transmission line Right of Way (RoW) in some areas of Enugu State. The company said that the removal of the structure was part…
Wema Bank, an innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced Chao and VOC AI as the first-place winners of Hackaholics 6.0. The announcement was made at the Grand Finale of Hackaholics 6.0 held in…
FCMB Pensions, a subsidiary of FCMB Group Plc, has set its sights on informal sector workers as it pushes to expand its asset base beyond N1tn, targeting N1.2tn in assets under management by the end of December 2025. The Managing…
The crypto industry has rallied in support of pro-crypto US Senator Cynthia Lummis after she announced she will not seek reelection in 2026. Lummis, who is a vocal advocate for digital assets, played a significant role in US crypto policy discussions…
The Nigeria Extractive Industries Transparency Initiative has recommended that the yet-to-commence Nigeria Tax Act 2025 should be reviewed after five years or more to reflect evolving fiscal realities and strengthen institutional oversight of extractive revenues. In its long-term recommendations on…
Anxiety is mounting across the country following a public alert by the National Agency for Food and Drug Administration and Control over the recall of Indomie Noodles, Vegetable Flavour, due to the presence of undeclared allergens. NAFDAC warned that the…
Despite security concerns, including fears of kidnapping along major highways, Nigerians travelling for the Yuletide, particularly to the South-East, are snapping up road transport tickets at sharply increased prices, findings by Sunday PUNCH have shown. Checks over the past few…
The Information and Communication Technology sector contributed N9.44tn to the economy in the third quarter of 2025, indicating heightened conversation around broadband expansion. This came as stakeholders called for improved subsea capacity with inland distribution, elimination of wasteful infrastructure duplication,…
Crypto traders have not yet shown enough fear on social media to confirm a market bottom, according to a crypto analyst who suggested Bitcoin could still slide to around $75,000.“It looks very tempting to come even closer to it,” crypto…
Nigeria’s average daily gas supply climbed to 4.684 billion standard cubic feet per day in November 2025, reflecting a stronger performance compared with October, according to fresh operational data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The…
Bitcoin (BTC) demand growth has slowed significantly since October 2025, signaling that Bitcoin has entered into another bear market cycle, according to analysts at crypto market analysis platform CryptoQuant.Investor demand for BTC came in three waves during the current market…
The price of Bitcoin (BTC) will outperform gold in the long run, and BTC holders should not sell their coins to pour into gold during its meteoric run to prices above $4,000 per ounce, according to Bitcoin advocate, educator and…
The rise of AI-powered no-code tools that allow users to create applications through linguistic prompts rather than computer code, decentralized through blockchain technology, will challenge Amazon Web Services’ (AWS) dominance of the cloud computing market.No-code tools will democratize access to…
Bitcoin (BTC) versus gold has entered classic bottom territory as a key support retest begins.Key points:Bitcoin drops to 20 ounces of gold for the first time since early 2024.This represents a the border between bull and bear-market territory, analysis says.A…
Key takeawaysLarge market participants are steadily reducing exposure, creating sustained selling pressure across Bitcoin, Ether and XRP.Global macro tightening, including Bank of Japan rate-hike expectations and muted reactions to Fed cuts, is weighing on risk appetite.Buyer demand is weakening, with…
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