Business
Belgian authorities arrested a 19-year-old suspected of being a key figure in a European phishing and money-laundering network that stole more than 500,000 euros ($572,000) using fake government emails and phone calls to trick victims…
Africa’s richest man and President of Dangote Group, Aliko Dangote, petroleum marketer Gabriel Ogbechie, and the Major Energies Marketers Association of Nigeria have emerged as leading winners at the maiden Petroleum Prize, Recognition and Awards 2025, organised by digital oil…
Blockstream CEO Adam Back has criticized Castle Island Ventures founding partner Nic Carter for amplifying concerns about quantum computing threats to Bitcoin.“You make uninformed noise and try to move the market or something. You’re not helping,” Back said in an…
All On has released its Impact Evaluation Report 2025, highlighting how its interventions have reshaped Nigeria’s energy landscape and improved the lives of more than one million people across the country. The report chronicles All On’s journey since entering the…
DraftKings is expanding beyond sports betting into the realm of prediction markets, laying the groundwork for future crypto-linked contracts as regulated event trading gains momentum in the United States.As Bloomberg reported, the company announced on Friday that it has launched…
The Federal Government secured a total of $1.08bn in foreign loans in 2024, largely from multilateral, bilateral, and commercial sources, as it sought to finance budget deficits and priority development projects amid weak revenue performance and rising debt service pressures.…
While many crypto traders are still waiting for the next altcoin season to begin, BitMEX co-founder Arthur Hayes said it’s been underway all along.“There is always an altcoin season happening… and [if you’re] always saying altcoin season isn’t there, [it’s]…
The shareholders of FCMB Group Plc have approved the plan to increase the company’s fresh capital raise of up to N400bn. The approval was given during an Extraordinary General Meeting recently. Saturday PUNCH reports that FCMB Group, in its third-quarter…
Key takeaways:Strong demand for US Treasurys and lower odds of a Fed rate cut indicate that investors are shifting toward safer assets, reducing interest in Bitcoin.Economic weakness in Japan and softer US job data add pressure to Bitcoin, limiting its…
Nigeria is heading toward a difficult 2026 as widening revenue shortfalls, rising public debt, new taxes and delayed capital spending threaten to deepen economic strain, economists have said, following confirmation by Finance Minister Wale Edun that government revenues are far…
Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed framework for how insured banks,…
The Central Bank of Nigeria may have earned at least N192m in non-refundable fees from the 82 Bureau De Change operators who have just secured final licences under the revised regulatory framework, according to an analysis by Saturday PUNCH. The…
The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and platforms offering customer rewards to…
Oando Plc has convened law students from six Nigerian universities for its 2025 Legal Seminar, a 14-year initiative it described as one of its most consistent capacity-building platforms for emerging legal talent. In a statement on Friday, Oando said the…
Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would not seek reelection to the…
Nigerian crude oil sellers are struggling to find buyers on the global market, even as the Dangote Petroleum Refinery recently cried out over the low supply of the feedstock locally. According to a Reuters report on Thursday, West African crude…
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