Wednesday, October 21

Business

Bitcoin Stability May Signal No Drawdown In 2026: Pomp

Bitcoin’s lack of an exciting year-end price rally may be the catalyst that prevents a significant crash in the first quarter of next year, according to Bitcoin entrepreneur Anthony Pompliano.“Given where the volatility is right now, it would be very…

PHD Media Nigeria clocks 15

PHD Media Nigeria marked its 15th anniversary in Lagos, drawing clients, partners, industry leaders, and staff past and present to celebrate a journey that began in 2010 and has grown into one of Nigeria’s leading media and marketing communications agencies.…

Matador Gets Regulatory Nod for M Share-Sale

Bitcoin financial services firm Matador Technologies has received the regulatory green light to sell up to 80 million Canadian dollars ($58.4 million) worth of company shares, which it will use to help reach its goal of owning 1,000 Bitcoin by…

Peak celebrates togetherness with Christmas campaign

Peak Milk, one of Nigeria’s leading dairy brands, has launched its 2025 Christmas Campaign, themed “Enjoy Christmas at Its Peak,” aimed at bringing warmth, joy, and togetherness to Nigerian families during the festive season. A statement from the firm on…

Altseason Or Not, ETH, BNB, XRP, SOL And DOGE Could Lead

The cryptocurrency market witnessed pockets of outperformance from select altcoins in 2025, but a broad-based altcoin rally failed to materialize. According to CoinMarketCap data, Bitcoin (BTC) did not breach its yearly low dominance of 55.5% hit on Jan. 5, signaling…

Presidency applauds NEMSA reforms in PEBEC scorecard

The Presidential Enabling Business Environment Council has ranked the Nigerian Electricity Management Services Agency as the ninth best-performing federal agency in its 2025 performance assessment, with a score of 73.8 per cent. The rating, released by PEBEC, was based on…

Brett Harrison Raises M for Institutional Derivatives Platform

Brett Harrison, the former president of the now-defunct FTX US exchange, has closed a $35 million funding round for his new derivatives venture, signaling renewed investor confidence in the sector and continued venture appetite for crypto-linked derivatives infrastructure.On Tuesday, The…

Oil earnings fall short by N16.2tn

Despite an improvement in crude oil production, the Federal Government earned 63.49 per cent less than its projected oil revenue target in the first half of 2025, according to the second quarter Budget Performance Report released by the Budget Office…

Brazil Backs Bitcoin Music Project with Tax-Deductible Funding

An experimental orchestral project in Brazil aims to convert Bitcoin price data into live music, after receiving approval to raise funds through one of the country’s tax-incentive programs for cultural initiatives.According to Brazil’s Federal Register, the authorization allows the project…

Dangote urges local production, backward integration

The Chairman of Dangote Group, Aliko Dangote, has called for increased local production and stronger backward integration as critical steps toward positioning Nigeria as Africa’s leading manufacturing hub, stressing that the country must reduce its dependence on imports to achieve…

Cipher Mining Buys Ohio Power Site, Enters PJM Market

Cipher Mining has acquired a 200-megawatt power site in Ohio called “Ulysses,” marking its first expansion outside of Texas and entry into the PJM wholesale electricity market, the largest power market in the United States.According to Tuesday’s announcement, the 195-acre…

Experts decry foreign agencies’ dominance in research sector

Industry experts have criticised the preference for foreign research agencies in Nigeria, warning that the trend undermines local capacity development and weakens the credibility and growth of the country’s research industry. This reservation was made at the 2025 Annual General…

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