Wednesday, October 21

Business

London stock markets top 10,000 points for first time

London’s benchmark FTSE 100 stocks index topped 10,000 points for the first time on Friday, extending a record run seen last year. In early deals on the first trading day of 2026, the capital’s top-tier index featuring the likes of…

Ritchie Torres Targets Insider Trading on Prediction Markets

US Representative Ritchie Torres is preparing to introduce legislation aimed at curbing insider trading on prediction markets, following scrutiny around a highly profitable wager tied to the reported sudden capture of Venezuelan President Nicolás Maduro.In a Sunday post on X,…

Fidelity Bank names new board chairman as Chike-Obi exits

Fidelity Bank Plc has announced the completion of the tenure of its Board Chairman, Mr Mustafa Chike-Obi, and the appointment of a new chairman, Mrs Amaka Onwughalu. This was contained in a notice signed by Company Secretary, Ezinwa Unuigboje, and…

Coinbase Pauses Fiat Operations in Argentina After Less Than a Year

Crypto exchange Coinbase has paused its local fiat operations in Argentina less than a year after formally entering the market, scaling back peso-based services while keeping its crypto functionality.According to a report by Forbes Argentina, Coinbase informed users that it…

Afrinvest renames Optimus, targets broader digital investors

Investment management firm Afrinvest has announced the rebranding of its digital investment platform, Optimus by Afrinvest, to PlutusNeo by Afrinvest. In a statement on Friday, the rebranding was described as the next phase of the firm’s digital strategy, focused on…

NAMA assures safe flights amid harmattan haze

The Nigerian Airspace Management Agency has reassured air travellers that Nigeria’s airspace and airport landing facilities remain safe and fully operational during the current haze associated with the harmattan season. In a Friday statement signed by the spokesperson of the…

BitMine Stakes 9M More ETH as Validator Queue Nears 1M Ether

BitMine Immersion Technologies has added another 82,560 Ether, worth roughly $259 million, to Ethereum’s staking system, intensifying congestion in the network’s validator entry queue as institutional demand for yield continues to build.Data from Arkham shows that the Ether (ETH) treasury…

Tinubu congratulates Wale Edun on Royal Victorian Order honour

President Bola Tinubu has congratulated the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on his appointment to the Royal Victorian Order by King Charles III. The congratulatory message was contained in a statement issued on Tuesday…

N590bn power bond lifts gas suppliers’ payment hopes

Savannah Energy has stated that the Federal Government’s recent N590bn bond issuance to settle part of the outstanding electricity market debts has revived hopes of improved payments to gas suppliers operating in Nigeria’s power sector. The British independent energy company…

Bitcoin Becomes a Yardstick for Venezuela Reaction at ,000

Bitcoin (BTC) dropped below $90,000 on Saturday as crypto markets reacted to the US military action in Venezuela.Key points:Bitcoin attempts to hold recent gains as the US mounts an attack on Venezuela’s capital, Caracas.Traders remain optimistic about the outlook for…

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