Business
After the Atijere community of Ondo State laid claim to Eba Island, two neighbouring towns in the Ogun Waterside Local Government of Ogun State, Ode-Omi and Makun Omi, have laid rival claims to the coastal…
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, says the new Nigeria Tax Act 2025, which restructured the Pay-As-You-Earn tax for employees, boosted the disposable income of middle- to low-income earners in the country. Oyedele…
Hang Seng Investment Management has rolled out a new physically backed gold exchange-traded fund (ETF) in Hong Kong, with an option for future tokenized access to the asset.The Hang Seng Gold ETF, which began trading on the Hong Kong Stock…
Community leaders and stakeholders from the Ipokia Local Government Area of Ogun State have queried Governor Dapo Abiodun over what they described as conflicting narratives surrounding the approved location for oil exploration in the state, particularly the status of Tongeji…
Abu Dhabi-based Universal Digital has launched USDU, the first US dollar‑backed stablecoin to be registered by the Central Bank of the United Arab Emirates (CBUAE) as a Foreign Payment Token under the Payment Token Services Regulation (PTSR), the company said.According…
The Nigeria Customs Service, Kirikiri Lighter Terminal Command, has handed over a 20-foot container carrying 440 bags of expired raw materials with a duty paid value of N36.5m to the National Agency for Food and Drug Administration and Control. This…
Ether held on crypto exchanges has declined over the last six months as the price of Ether has held steady, while holders are continuing to participate in staking, according to Santiment. In an X post on Tuesday, Santiment shared data…
The Nigerian Content Development and Monitoring Board, in collaboration with Jake Riley Academy, has trained 250 youths in Lagos in solar installation and other high-demand vocational skills as part of efforts to promote self-reliance and job creation. The beneficiaries graduated…
Bitcoin traded down on Wednesday as gold rallied 4.4% over 24 hours, adding a massive $1.65 trillion to its market cap in a single day. Gold breached $5,500, bringing it to a new all-time high, while its total market cap rose…
The Nigerian Upstream Petroleum Regulatory Commission has opened 50 oil and gas blocks across five sedimentary basins for bidding and exploration in the 2025 licensing round, warning that only technically competent and financially strong firms will be allowed to scale…
Bitcoin price breakouts fail to hold due to insufficient bid-side liquidity. Glassnode analysis identifies the key metrics that are likely to mark the next phase of BTC price expansion.Bitcoin (BTC) bulls managed to prevent a price drop into the $80,700…
The National Inland Waterways Authority said it is sustaining collaboration with the private sector to enhance efficiency and expand service delivery. According Wednesday’s statement, the Acting Managing Director of NIWA, Yusuf Girei, disclosed this in Abuja when the Permanent Secretary…
Ethereum layer 2 MegaETH has penciled its mainnet launch for Feb. 9 after a rigorous “global stress test” last week to ensure the high‑speed chain is ready for public use.“Get ready for the fastest* EVM chain ever,” MegaETH co-founder and…
Sahara Group has reinforced its push for sustainable development and human capital growth in Africa with the award of a total of $36,000 under its Making A Difference Grant initiative to three academics of the University of Lagos. The beneficiaries,…
Sony Group Corp. made a follow-on investment in Startale Group, deepening its involvement in the Soneium blockchain about a year after the network’s mainnet launch.In a Thursday announcement sent to Cointelegraph, Startale disclosed an additional investment of $13 million from…
The Shipowners Association of Nigeria has stated that with improved access to funding through the Cabotage Vessel Financing Fund, Nigerian operators will be better equipped to compete more effectively with foreign operators. The President of SOAN, Sunny Eja, stated this…
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