Friday, July 3

Business

SOL Tops  As Solana Network Activity Surges

Key takeaways:Solana’s tokenized assets and memecoin revival drove SOL to a 30-day high at $83.Bullish leveraged appetite cooled sharply, suggesting traders are hesitant to bet on further gains to $90.Solana’s SOL token jumped to its…

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Turn challenges into opportunities, expert charges African entrepreneurs

A business analyst, Adewale Adebawo, has charged African entrepreneurs to turn challenges into opportunities, noting that ideas can emerge from difficult economic terrains. At the Business Verge Awards, a leading platform celebrating innovation and excellence across Africa’s business and technology…

Malaysia’s Royal Stablecoin and Asia’s Shift to Tokenized Money

Key takeawaysRMJDT is a ringgit stablecoin pitched for payments and cross-border trade.Its treasury and validator setup is designed to make onchain settlement function like reliable infrastructure.Across Asia, stablecoins are being brought under licensing and reserve and redemption rules.Tokenized assets are…

SeamlessHR upgrades recruitment system

SeamlessHR has announced a major upgrade to its Recruitment Management System, delivering a faster, more intuitive and more connected recruitment experience for organisations across the continent. In a statement made available to The PUNCH, the company said the updated RMS…

40% AVA AI Coin Genesis Supply ‘sniped’, Claims Bubblemaps

Blockchain analytics firm Bubblemaps said a cluster of 23 wallets linked to the deployer of the Solana-based AI token Ava accumulated around 40% of the token’s supply at launch, raising new questions about insider coordination around the project’s debut.The sybil…

Stanbic IBTC empowers children

In a showcase of compassion and community spirit, Stanbic IBTC Holdings, a prominent member of the Standard Bank Group, has taken to new heights with its flagship Corporate Social Investment initiative, Together4ALimb. Since its launch in 2015, this transformative programme…

ACCI blames policy gaps, insecurity for business shutdowns

The President of the Abuja Chamber of Commerce and Industry, Chief Emeka Obegolu (SAN), has raised concern over the tough business climate in Nigeria, warning that the economy is contracting as businesses continue to shut down across the country. Speaking…

K Bitcoin Bottom 2026, End Bull Cycle

Bitcoin may have ended its historical four-year cycle, signaling an incoming year of downside, despite widespread analyst expectations for an extended cycle driven by regulatory tailwinds.Bitcoin’s (BTC) $125,000 all-time high on Oct. 6 may have signaled the top of the…

SO&U supports communities with food items

SO&U, one of Nigeria’s leading marketing and communications groups, has successfully held the eighth edition of its annual community service initiative, Give Love, reaffirming its commitment to social responsibility and community impact. The 2025 edition of the initiative, themed “From…

Haynes Care Foundation discovers young artist

The Haynes Care Foundation has announced the discovery of a remarkable young talent during its recently concluded Haynes Dream and Skills Day – Teens Edition, which took place at Model Secondary School Senior, Tombia Street, GRA, Port Harcourt. In a…

Jump Trading Hit with B lawsuit Tied to Terra’s B Crash

The administrator of Terraform Labs’ bankruptcy, Todd Snyder, has filed a lawsuit seeking $4 billion in damages from trading company Jump Trading and multiple executives.According to a Friday Wall Street Journal report, the lawsuit alleges that Jump Trading unlawfully profited…

MTEF: Reps, Senate disagree over crude oil benchmark

The House of Representatives on Thursday approved the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper, endorsing a crude oil benchmark of $64.85 per barrel for the 2026 fiscal year, in contrast to the $60 benchmark adopted by the…

Bitcoin Gains Near 3% Despite Bank of Japan Rate Hike

Bitcoin (BTC) aimed for $88,000 on Friday after Japan’s central bank raised interest rates to 30-year highs.Key points:Bitcoin joins US stocks futures heading higher in a curiously bullish reaction to Japan’s interest-rate hike.Commentators argue that no further hikes will happen…

W’Bank to approve 0m loan for Nigeria today

The World Bank is set to approve a $500m loan to Nigeria on Friday (today) as part of efforts to expand access to finance for micro, small and medium enterprises across the country. The proposed facility, titled the Fostering Inclusive…

Coinbase Sues 3 States Over Prediction Market Laws

Coinbase is taking three US states to court in a bid to lock in federal protection for its planned prediction markets, opening a new front in the battle over whether event contracts are finance or gambling.​The exchange has sued regulators…

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