Saturday, December 6

Business

Solana’s WET Presale Relaunches After Bot Farm Snipes Supply

A Solana presale event encountered distribution issues after a bot farm reportedly used over 1,000 wallets to snipe nearly the entire Wet (WET) token sale in seconds. Hosted through the decentralized exchange aggregator Jupiter, the presale sold out almost instantly. But…

LEAP positions Africa as global innovation hub

LEAP Africa has reaffirmed Africa’s growing status as a global centre of innovation as it hosted the 12th edition of its Social Innovators Programme and Awards in Lagos on Thursday. The 12th SIPA, a gathering of young innovators, policymakers, financiers,…

Intercontinental Distillers empowers artisans with tools

Intercontinental Distillers Limited’s brands, Eagle Aromatic Schnapps and Squadron Dark Rum, have empowered artisans and technicians with essential tools and equipment to strengthen their craft and promote sustainable practices during the Lagos Edition of the 2025 Nigerian Artisans and Technicians…

Cantor Slashes Strategy Target 60%, Not Concerned By Forced-sale Fears

US-based financial firm Cantor Fitzgerald slashed its price target on Michael Saylor’s Bitcoin-heavy company, Strategy, but kept a bullish stance on the cryptocurrency’s long-term upside, downplaying fears of forced liquidation, according to the Financial Times.Cantor Fitzgerald reportedly lowered its 12-month…

Cavalli Group inaugurates new board to drive growth

Cavalli Business and Investment Limited Group has inaugurated a new board of directors as part of its strategy to deepen corporate governance, strengthen its market position and accelerate growth ahead of 2026. The Group Managing Director, Emmanuel Odemayowa, announced the…

Prysm Bug Knocks Ethereum Consensus Participation After Fusaka

Shortly after the Fusaka network upgrade, the Ethereum network saw a sharp drop in validator participation after a bug in the Prysm consensus client knocked a chunk of votes offline.According to a Thursday Prysm announcement, version v7.0.0 of the client…

PIND, Ford Foundation boosts PIA in Niger Delta

The Foundation for Partnership Initiatives in the Niger Delta and the Ford Foundation have concluded the Bridges Project with a high-level stakeholders’ dialogue aimed at strengthening the implementation of the Petroleum Industry Act’s Host Community Development Trusts in the oil-producing region.…

Chamber urges Nigerians to explore opportunities in Slovenia

The Nigeria-Slovenia Chamber of Commerce on Thursday urged the Nigerian business community to explore business opportunities in Slovenia to widen their horizons. The News Agency of Nigeria reports that the chamber made the call at its 2025 Last Quarter Business…

Bitcoin Unlikely to See New High in January: 21Shares Founder

Current market conditions will make it difficult for Bitcoin to replicate its early 2025 price gains going into 2026, says 21Shares co-founder Ophelia Snyder.“It’s unlikely that the factors driving the current volatility will fully resolve in the short term,” Snyder…

FG sets Dec 20 deadline to pay contractors

The Federal Government on Thursday moved to calm rising tensions among road contractors, assuring that all outstanding payments will be cleared before December 20, 2025, following days of protests by contractors over mounting debts and stalled project financing. The Minister…

Crypto Interest Drops Among Investors as Risk-Taking Declines

US investors are not considering buying crypto as much as they used to, as risk-taking behavior has dropped, according to a study from the Financial Industry Regulatory Authority.The percentage of crypto investors was unchanged between 2021 and 2024 at 27%,…

XRP Sentiment Hits Fear Zone, But May Signal Rally

Social sentiment toward XRP has tanked into the “fear zone,” but the intelligence platform Santiment says a similar drop has led the token rallying.Santiment said on Thursday that its social data is showing that XRP (XRP) is seeing “the most…

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