Stablecoins are shifting from a crypto native tool to a core piece of institutional market plumbing, according to a new cross-sector outlook report from Moody’s. In the report, published Monday, the ratings agency said stablecoins processed about 87% more settlement…

The Federal Airports Authority of Nigeria has revealed a widening imbalance in the nation’s aviation sector, as domestic air travel continues to decline while international passenger traffic records sustained growth. According to the figures, released by FAAN on Tuesday, passenger…

Barclays, one of the world’s biggest banks and a systemically important global financial institution, has made its first investment in a stablecoin-related company.The United Kingdom-based bank said Wednesday it had invested in Ubyx, a US stablecoin clearing platform that aims…

Seplat Energy Plc has announced that founding shareholder Etablissements Maurel & Prom S.A. has completely exited its shareholding in the company. The sale involved 120,400,000 ordinary shares, acquired by Heirs Energies Limited (86,639,377 shares) and Heirs Holdings Limited (33,760,623 shares).…

RAKBank is preparing to join the United Arab Emirates’ (UAE’s) fast-evolving stablecoin ecosystem after receiving in-principle approval on Wednesday from the Central Bank of the United Arab Emirates (CBUAE) to issue a UAE dirham-backed payment token. In-principle approval means the CBUAE…

Anheuser-Busch InBev, the world’s largest brewer, has announced plans to buy back a 49.9 per cent stake in its U.S. metal container plants for approximately $3 bn, according to Reuters. The deal covers seven plants across six U.S. states, previously…

Gold and silver briefly reclaimed their spot as the two biggest assets by market capitalization as the new year rolled in with uncertainty. According to data from analytics platform CompaniesMarketCap, gold currently has a market cap of $31.1 trillion, sitting at…

The Nigerian Aviation Handling Company Plc has announced the signing of a chain of contracts with major airlines for the provision of total handling solutions. In a statement made available to The PUNCH on Tuesday, the company announced the signing…

Crypto mass adoption could just be a matter of time, as older, crypto-averse generations eventually pass their wealth to their descendants, according to an industry executive. During an episode of the Milk Road show on Tuesday, Zac Prince, the head of…

Kian Smith FZE is set to list and trade over N21 billion worth of 1kg LBMA gold bars on the floor of Lagos Commodities and Futures Exchange. In a recent joint interview with Lagos Commodities and Futures Exchange and Kian…

Nigeria attracted nearly $14bn in combined foreign portfolio investment and foreign direct investment in the first nine months of 2025, driven by renewed investor confidence and wide-ranging economic and investment reforms, the Federal Government has stated. According to the Federal…

US President Donald Trump told Republicans on Tuesday he could be impeached if the party loses the US midterm elections this year.”You got to win the midterms, because if we don’t win the midterms, it’s just going to be —…

The Nigeria Customs Service, Port Harcourt II Command, said it collected N731bn as revenue and intercepted 75 containers in 2025. In a statement on Tuesday, the Command’s Public Relations Officer, Theophilus Duniya, a Chief Superintendent of Customs, described the feat…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldHedge funds are seeking out billions of dollars’ worth of financial claims tied to Venezuela, as investors bet that Donald…

Ethereum scalability was boosted on Wednesday with the second Blob Parameter-Only hard fork, raising the blob limit from 15 to 21, the first of many improvements aimed at scaling the Ethereum ecosystem in 2026.The second BPO hard fork, which took…