Multinational banking giant State Street has launched an institutional digital asset platform, aimed at helping businesses navigate the sector and launch a range of crypto products. State Street said on Thursday its platform aims to bridge traditional assets to crypto via…

US homebuilder Megatel Homes is set to launch a crypto rewards platform after receiving a Securities and Exchange Commission “no-action” letter.Megatel said on Thursday that the platform, dubbed MegPrime, would give users rewards for using “MP Tokens,” such as using…

Domestic supply of Premium Motor Spirit (PMS) from the Dangote Refinery rose by almost 65 per cent in December 2025, helping to boost Nigeria’s overall petrol availability, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said. According to…

Electronic brokerage giant Interactive Brokers has expanded its crypto offering, allowing clients to fund their accounts using stablecoins.Interactive Brokers said on Thursday that it inked a collaboration with stablecoin infrastructure provider zerohash to allow clients to fund their accounts with…

International Breweries Plc (IBPLC) has announced the appointment of Nicholas Kade as the its new Managing Director, effective 1 March. The company made the disclosure in a statement signed by its Company Secretary, Temitope Oluwatosin, on Thursday in Lagos. It…

The Board of Directors of United Capital Plc has announced the appointments of four highly experienced infrastructure investment experts as independent members of the Investment Committee of the United Capital Infrastructure Fund. According to the firm, the appointments have been…

Ethereum network activity has shown a sharp increase in new users, with “activity retention” almost doubling over the past month, according to crypto on-chain analytics platform Glassnode.Month-over-month “activity retention” shows a sharp spike in the new cohort, “indicating a surge…

The African Private Capital Association has disclosed that Africa’s investment teams outperform global averages for women in senior roles. This was one of the findings of its Gender Diversity in African Private Capital Report, which was released on Wednesday. The…

Crypto usage in Iran has spiked amid the country’s mass protests, with a surge of Iranians withdrawing Bitcoin to preserve value amid instability, according to Chainalysis.Protests in Iran began around Dec. 28 over worsening economic conditions, after the Iranian rial…

Agribusiness Olam Agri has been recognised by the Top Employers Institute as a Top Employer 2026 in Nigeria for the sixth consecutive year. This was disclosed in a statement made available to The PUNCH, where the firm said the recognition…

A recently-discovered ransomware dubbed “DeadLock” is stealthily exploiting Polygon smart contracts to rotate and distribute proxy addresses, say researchers at cybersecurity firm Group-IB.The company reported on Thursday that the DeadLock ransomware, first discovered in July, has seen “low exposure” as…

The Central Bank of Nigeria has said that about 20 deposit money banks have already met the new capital requirements under the ongoing banking recapitalisation programme, as the apex bank shifts focus toward ensuring that stronger balance sheets translate into…

Crypto lending company Nexo Capital will pay a $500,000 to California’s financial regulator over allegations it issued thousands of loans to state residents without properly assessing their ability to repay.The California Department of Financial Protection and Innovation (DFPI) said on…

Nigeria’s headline inflation rate eased to 15.15 per cent in December 2025 following a methodological review by the National Bureau of Statistics, marking a sharp moderation in price pressures compared with both the preceding month and the same period last…

The Kaito.ai and Cookie DAO tokens fell over 15% after X’s ban, a move X’s head of product Nikita Bier said should improve user experience on the social media platform.Artificial intelligence-powered crypto platforms such as Kaito.ai and Cookie DAO have…