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…

Coinbase, the largest US-based crypto exchange, has appointed George Osborne, a former United Kingdom chancellor of the exchequer, to run the company’s internal advisory council.The decision to appoint Osborne, who began working as a Coinbase advisor in 2024 during its…

The Federal Government has inaugurated the Core Working Group on Regional Development in Nigeria, a key step in operationalising President Bola Tinubu’s Renewed Hope Agenda. The CWG is tasked with driving coordinated and harmonised implementation of regional development initiatives across…

XRP exchange-traded funds have surpassed $1 billion in assets due to the long-standing recognition of the token among mainstream market participants, combined with its strong price performance over the past few years, according to a crypto executive.It comes as spot…

The National Association of Nigeria Travel Agencies has urged the Senate to sustain its ongoing probe into high domestic airfares, insisting that greater transparency in fare construction is required to protect the Nigerian travelling public. Speaking with The PUNCH in…

Perpetuals trading platform Synthetix is returning to Ethereum’s mainnet, with its founder arguing the network is now more than capable of supporting high-frequency financial applications after years of network congestion drove derivatives activity elsewhere.“By the time perp DEXs became a…

Enough is Enough Nigeria has marked its 15th anniversary, bringing together civic leaders, policymakers, creatives and young Nigerians to reflect on the country’s journey in citizen participation and renew calls for active engagement in governance. The anniversary event, themed “Footprints…

The long-awaited Digital Asset Market Clarity Act, or CLARITY Act, is moving closer to passage, with a Senate markup expected in January, says White House artificial intelligence and crypto czar David Sacks.Sacks posted to X on Thursday that Senate Banking…

Infinix Nigeria has rewarded customers with discounts, cashbacks, and raffle prizes as it hosted Afrobeats star Davido at its flagship store in Jabi Lake Mall, Abuja, recently. The event attracted large crowds to the store, with customers taking advantage of…

Not long before he died, Grandad said something that I thought was a little silly, a little old-fashioned.He declared that he didn’t trust the banks, and he didn’t want them to know what he did with his money. I scoffed…

United Bank for Africa has entered into a $100m partnership with the Lagos State Government and LagRide to finance vehicles for 3,500 ride-hailing drivers, a move aimed at transitioning drivers from renting cars to vehicle ownership. The Memorandum of Understanding…

Bitcoin (BTC) moved closer to reclaiming $90,000 after US inflation cooled more than expected, with the November CPI coming in at 2.7% year-over-year versus forecasts of 3.1%. The softer print narrows the gap to the Federal Reserve’s 2% target, easing…

Femi Otedola, the chairman of First HoldCo Plc, has further consolidated his position as the top shareholder of the financial services group, with his latest share purchase valued at N14.8 billion. The billionaire entrepreneur, whose investment interest cuts across energy,…

The Rivers State Mega Region of Mountain of Fire and Miracles Ministries recently organised a public seminar to educate residents on Nigeria’s new tax law and its implications for individuals and businesses. The seminar, part of the church’s Corporate Social…

Recent claims of a major Bitcoin mining crackdown in China’s Xinjiang region rippled through the digital asset industry this week, but data by TheMinerMag suggests the actual impact was far smaller than early narratives implied.According to the latest Miner Weekly…