Tuesday, October 20

Business

Bitchat Most-Downloaded on Apple App Store in Uganda

Bitchat has become the most-downloaded app in Uganda as state officials confirmed that internet access has been cut off and will remain inaccessible during the presidential election, which starts on Thursday.It marks the third straight election in which Ugandan authorities…

Aviation ministry allocates N7.46bn to boost flight safety

The Federal Ministry of Aviation and Aerospace Development has allocated N7.46bn for technology upgrades, staff training, safety initiatives, and operational reforms in 2026. According to the 2026 Appropriation Bill, the funding will drive automation of ministry operations, library services, registry…

Strive Shares Fall 12% After Semler Deal To Expand Bitcoin Treasury

Strive’s stock fell about 12% on Tuesday after the asset manager announced an all-stock deal to acquire Semler Scientific, a transaction that will significantly expand its Bitcoin holdings.The company, co-founded by Vivek Ramaswamy, said on Tuesday that it has secured…

Crypto-Friendly Bank to Go Public as Texas Company via SPAC

The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals.Old Glory Bank, a crypto-friendly lender, said it will merge with Digital Asset Acquisition Corporation to form a Texas-based company listed…

SOL Eyes 0 as Key Trend Flips Bullish

Steady ETF inflows, a bullish cup and handle chart pattern and improving sentiment across the total crypto market could propel Solana price to $190.Solana (SOL) is getting more attention from traders now that its price structure is tightening beneath a…

Equities market posts N1.7 trillion gain

The equities market recorded a historic gain of N1.662 trillion on Tuesday at the close of trading, reflecting sustained bullish sentiment among investors. This marked the 22nd consecutive bullish session, underscoring renewed investor confidence driven by increased demand for blue-chip…

Why Bitcoin’s Four-Year Cycle Faltered — and What Comes Next

2025 proved disappointing for many cryptocurrency investors, as Bitcoin’s traditional four-year cycle delivered a more muted rally that failed to spill over into the broader altcoin market. According to crypto market maker Wintermute, the shift reflects a structural change rather…

Polygon Strikes 0M Coinme, Sequence Deal To Expand US Payments

Polygon Labs has agreed to acquire US-based crypto payments company Coinme and wallet infrastructure provider Sequence in deals valued at more than $250 million, Fortune reported on Monday. The acquisitions give the Ethereum scaling blockchain access to Coinme’s network of…

CEPA: What Nigeria stands to gain in trade deal with UAE

Today marks a historic milestone in Nigeria’s trade relations. The Federal Republic of Nigeria and the United Arab Emirates signed a Comprehensive Economic Partnership Agreement CEPA that will transform economic ties between our two nations and deliver tangible benefits for…

Bitcoin-Gold Correlation Signals 50% or More BTC Price Gains by March

Bitcoin’s (BTC) 52-week correlation with gold reached zero for the first time since mid-2022 and may turn negative by the end of January. Key takeaways:BTC–gold divergence has historically preceded strong Bitcoin rallies.Liquidity trends and cycle fractals point to BTC leading…

Sterling Oil appoints media manager for Akwa Ibom

Sumedha Energy Limited, Sterling Oil’s joint venture with NNPC Exploration and Production Limited (NEPL), has appointed Aniekeme Finbarr as its media manager for Akwa Ibom State Operations. Mr Finbarr, with his background in journalism, will also manage communications and media…

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