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…

The Office of the Secretary to the Government of the Federation has directed that all enforcement actions relating to the proposed ban on sachet alcohol products be suspended until further notice. The directive follows an official correspondence from the House…

The recent surge in privacy-focused cryptocurrency Zcash may be driven more by capital rotation than a sustained structural bull trend, said Real Vision founder and macro investor Raoul Pal.“Do I need that asset to say I was in earliest? I…

The Ministry of Aviation and Aerospace Development says it has begun disciplined digital practice to end paper-based processes within the ministry. Festus Keyamo, the Minister of Aviation and Aerospace Development, said this during the launching of the “Enterprise Content Management…

The Lagos State Government and other key stakeholders have intensified their commitment to environmental initiatives, aiming to tap into Nigeria’s $250bn green economy potential. During the 6th Lagos Waste Forum held in Lagos, leaders from the public and private sectors…

Key takeawaysLibya’s cheap, subsidized electricity made it profitable to run even older, inefficient Bitcoin miners.At its peak, Libya is estimated to have generated around 0.6% of the global Bitcoin hash rate.Mining operates in a legal grey zone, with hardware imports…

The Oba Otudeko Foundation has launched a statewide food relief initiative to support 2,000 vulnerable families across the four geopolitical zones of Ogun State. According to a statement, the foundation delivered the first phase of the programme in Odogbolu, where…

The US Senate has confirmed crypto-friendly lawyer Mike Selig as the new chair of the Commodity Futures Trading Commission and has elevated Travis Hill to chair the Federal Deposit Insurance Corp.The two confirmations were included in a package of nearly…

A total of 149 companies currently enjoying pioneer status incentives will retain their tax holidays for at least two more years, despite Nigeria’s transition to a new tax regime scheduled to take effect from January 2026, the Federal Government has…

The total crypto market capitalization has fallen to an eight-month low, wiping out all gains this year, as analysts remain bearish in the short-term.Total market capitalization fell to $2.93 trillion in late trading on Thursday, its lowest level since April,…

Livestock and agriculture stakeholders have called on the Federal Government to fast-track the phased development of grazing reserves beyond the three pilot locations to at least one reserve in each of the six geopolitical zones. They welcomed the initiative as…

The US Securities and Exchange Commission has flagged in a lawsuit that third-party Bitcoin mining hosting services can be a securities offering, a position strongly opposed by one industry executive.The SEC sued the Bitcoin (BTC) mining company VBit and its…

President Bola Tinubu’s nominees for the leadership of Nigeria’s petroleum regulators on Thursday pledged sweeping reforms aimed at plugging value leakages, restoring discipline across the sector and unlocking fresh investments under the Petroleum Industry Act. The nominee for the Nigerian…

United States President Donald Trump offered positive remarks about pro-crypto Fed chair nominee Chris Waller at a recent press conference, as speculation continues over his final choice.“I think he’s great. I mean, he’s been a man who’s been there a…

President Bola Tinubu has appointed Dr Mulisiu Oseni as Chairman of the Nigerian Electricity Regulatory Commission, following the confirmation of the commission’s board members by the Senate. Oseni’s appointment indicates that Tinubu has dropped Abdullahi Ramat, whose name he had…