Business
A pseudonymous defendant has moved to dismiss a New York lawsuit seeking ownership of 39,069 dormant Bitcoin addresses, arguing that Bitcoin addresses are merely data strings that cannot be sued.The defendant, identifying themselves as “John…
Luno, the global cryptocurrency platform founded in Africa, has partnered with AltSchool Africa, an accredited online learning provider, to deliver fully funded crypto education to 15,000 Nigerian residents. The initiative, titled “Demystifying Crypto for Africans”, is being billed as the…
Crypto treasury companies could be forced to sell as much as $15 billion in crypto if the Morgan Stanley Capital International Index (MSCI) goes ahead and excludes them from its indexes. BitcoinForCorporations, a group campaigning against MSCI’s proposal, projected outflows of…
The Compliance Institute, Nigeria, has inducted 1,247 compliance professionals at its ninth Induction and Investiture Ceremony, as regulators and industry leaders charged practitioners to drive ethical leadership, innovation, and institutional integrity across Nigeria’s public and private sectors. The ceremony, themed…
The Ethereum blockchain needs to better explain its features to users in order to achieve true trustlessness, a challenge common across blockchain protocols, says its co-founder Vitalik Buterin.Trustlessness would see a protocol work without the oversight of developers, as it…
The National Pension Commission (PenCom) on Tuesday said it has disbursed N577.26 billion to 1,053,000 Retirement Savings Accounts (RSAs), easing long-standing pension arrears under the Contributory Pension Scheme (CPS). The Head of PenCom’s Management Services Department, Usman Musa disclosed this…
Premier Paints Plc has disclosed that its majority shareholders, Clover Global Resources Limited with 39.02 per cent and TGHL Capital Limited with 15.20 per cent, are in discussions with Xenergi Limited to acquire their combined stakes in the company. If…
Bitcoin’s volatility appears to be diminishing, with its movements in 2025 more subdued than those of Nvidia (NVDA), which Bitwise says indicates its investor base is diversifying.Bitwise said on Wednesday that Bitcoin (BTC) will continue to be less volatile than…
Microsoft said on Tuesday that its longstanding partnership with the Federal Government of Nigeria had delivered digital training to over four million people since 2021. The Director for Government Affairs at Microsoft for West Africa, Nonye Ujam, disclosed this at…
Scott Dubin, convener of Logistics Marketplace and a global supply chain and logistics expert, examines the Nigerian logistics sector in this interview with FELIX OLOYEDE Nigeria has the largest population in Africa, yet it often relies on external logistics providers…
More than 100 crypto exchange-traded products are likely to hit the market in 2026, but many of them will quickly be shuttered due to a lack of demand, an analyst says.Bloomberg analyst James Seyffart said on Wednesday that he agreed…
The Minister of Transportation, Said Alkali, says transport sector concessioning in Nigeria is inevitable. Mr Alkali said this on Tuesday at a symposium organised by the International Transport Workers Federation (ITF) National Coordinating Committee (NCC) in Abuja. The theme of…
Deposit Money Banks are shoring up their capital base as the Central Bank of Nigeria intensifies oversight, reinforcing governance, transparency, and risk management to ensure a resilient, stable financial system, OLUWAKEMI ABIMBOLA writes Nigeria’s banking system remains stable and resilient,…
The US Federal Reserve has withdrawn a 2023 guidance that limited how Fed-supervised banks, including uninsured ones, engaged with crypto, as US regulators continue to pivot positively toward digital assets. The 2023 guidance required uninsured banks to follow the same rules…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has told international investors that Nigeria remains committed to macroeconomic stability, as the country pursues economic reforms amid global financial uncertainty and persistent domestic pressures. Mr Cardoso spoke on…
Chairman of Cavista Holdings and the Corporate Council on Africa, Niyi Olajide, has called on African leaders to remove bureaucratic barriers to create an enabling environment for businesses to thrive on the continent. Olajide said this when he spoke at…
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