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Sweeping financial sector reforms strengthened transparency, tightened oversight, and rebuilt global confidence, ultimately helping Nigeria secure removal from the European Union’s high-risk list, JUSTICE OKAMGBA reports The European Union’s decision to remove Nigeria from its…
International Breweries Plc has appointed Nicholas Kade as its new Managing Director, effective 1 March 2026, following the transition of Carlos Coutino to a leadership role at parent company Anheuser-Busch InBev. In a statement on Tuesday, IBPLC said Coutino, who…
Bitcoin (BTC) sought a $90,000 reclaim around Wednesday’s Wall Street open as US President Donald Trump pledged to sign pro-crypto legislation.Key points:US President Donald Trump breathes modest gains into BTC price action with his World Economic Forum speech.Pro-crypto legislation is…
The International Monetary Fund has called on governments to rebuild fiscal capacity and keep public debt under control as spending pressures rise. In its 13-page World Economic Outlook update, published on Monday, the Fund urged countries to pursue medium-term fiscal…
Caroline Ellison, the former CEO of Alameda Research, is scheduled for release from federal custody after serving 440 days of a two-year sentence.According to inmate records with the Federal Bureau of Prisons, Ellison is expected to be released from the…
Seplat Energy Plc, a Nigerian independent energy company listed on the Nigerian Exchange Limited and the London Stock Exchange, has commenced gas production from its 300 MMcfd ANOH gas project. The project began supplying gas to Indorama Petrochemical Plant following…
Argentine exchange Ripio is leaning into local currency stablecoins and tokenized bonds as CEO Sebastián Serrano braces for what he expects to be a “lateralized” or down year for crypto in 2026 — but a decade-long boom for stablecoins. Founded in…
Stocks closed higher on Tuesday as the Nigerian Exchange reversed losses from the previous session, with market capitalisation rising by N93.48bn to N106.44tn from N106.34tn on Monday. The All-Share Index also edged up by 144.33 points, or 0.09 per cent,…
Spot Bitcoin and Ether exchange-traded funds (ETFs) faced heavy outflow on Tuesday, as macroeconomic and geopolitical uncertainty continue to weigh on markets. Spot Bitcoin (BTC) ETFs recorded $483.4 million in daily outflows, with the Grayscale Bitcoin Trust ETF (GBTC) leading…
In a move to reshape how Nigerians engage with digital wallets and loyalty programmes, Numoni has launched a new rewards system that delivers value to users before they spend, rather than after, as is common with traditional cashback or loyalty…
Opinion by: Billy Sebell, executive director at XDC FoundationIn just over a decade, blockchain technology has rewritten the rulebook for global finance, bringing transparency, speed and access to financial markets. It has clearly established its worth in digital assets, decentralized…
Trustee of The Rotary Foundation, Rotarian Ijeoma Pearl Okoro, has been named a recipient of the 2026 Martin Luther King Legacy Award for Global Leadership and Humanitarian Impact, in recognition of her outstanding service, leadership, and contribution to global development.…
Younger Americans are growing more confident in crypto, while older generations remain firmly aligned with traditional finance, according to a new survey published as part of the OKX Insights series.The survey, which polled 1,000 Americans in January, found a sharp…
The Federal Government and employers in the private sector may be at loggerheads over the proposed increase in the Nigeria Social Insurance Trust Fund employee compensation levy, The PUNCH reports. This is even as employers warned that any further increase…
Stay informed with free updatesSimply sign up to the Private equity myFT Digest — delivered directly to your inbox.Private equity giant Thoma Bravo is seeking to capitalise on the recent sell-off in software stocks, preparing what could be a wave…
Bitcoin (BTC) looked for cues near $90,000 on Wednesday as BTC price action hit a key target for a rebound.Key points:Bitcoin price action drops to fill a CME futures gap created at the yearly open.A modest bounce is not enough…
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