Wednesday, October 21

Business

Upcoming US Crypto Legislation and Policies to Watch in 2026

Many crypto industry leaders and users anticipate significant changes in the US regulatory environment over the next 12 months, as various policy changes and legislation begin to take effect. Although the inauguration of US President Donald Trump in January 2025…

Crypto.com Builds Internal Market Maker for Prediction Markets

Cryptocurrency exchange Crypto.com is building an internal market-making team as part of its expansion into prediction markets, a move the company says is fully aligned with federal regulations and intended to improve liquidity, even as market-making in outcome-based trading continues…

NGX rallies as investors gain N257bn

The Nigerian Exchange closed the first trading session of the week on a positive note, with investors gaining N257bn as buying interest in select stocks lifted key market indices. At the close of trading, total market capitalisation rose to N97.2tn,…

Bitcoin Plots Comeback Against Gold Below ,000

Bitcoin (BTC) stayed lower into Tuesday’s Wall Street open as traders saw further BTC price downside next.Key points:Bitcoin shorts pile in ahead of the Wall Street open as Bitcoin and precious metals continue to go separate ways.Moving averages function as…

Seplat switches onshore assets to new fiscal regime

Seplat Energy said it has wrapped up the conversion of its two onshore operations, Seplat West and Seplat East Onshore, to a new industry fiscal system that gives more room for output expansion, investment and cost efficiency. The change means…

Chappal Energies secures 0m reserve lending facilities

Chappal Energies, through its subsidiary Chappal Investments Limited, has completed a $340m Senior Secured Reserve Based Lending facility and a $90m Junior Secured RBL facility. The company, in a statement on Monday signed by its Chief of Corporate Services and…

How Bhutan Is Using Hydropower to Build a Green Bitcoin Economy

Key takeawaysBhutan is using surplus, carbon-free hydropower to mine Bitcoin, converting excess electricity into a liquid digital export rather than curtailing generation.Mining and custody are handled by the sovereign investment arm, Druk Holding and Investments (DHI), and confined to designated…

JEX appoints new MD/CEO

JEX Markets Limited, Nigeria’s energy commodities exchange and market infrastructure company, has appointed Blessing Ayemhere as Managing Director/Chief Executive Officer, subject to the approval of the Securities and Exchange Commission. Ayemhere, who is expected to formally assume office on 3…

Peak Milk activates bars, cities for AFCON matches

Peak Milk, a leading dairy brand and the official milk of the Super Eagles, has announced a series of premium watch parties and bar activations across major cities for the Africa Cup of Nations. The company said the initiative is…

How Wall Street Is Using Ethereum as Financial Infrastructure

Key takeawaysWall Street’s adoption of Ethereum is closely tied to its ability to automate settlement through smart contracts, reducing reliance on slow, manual reconciliation processes.Stablecoins and tokenized dollars now serve as a primary entry point for banks, allowing regulated US…

Govt, firm partner to deploy AI tools for filmmakers

The Federal Government, through the Nigerian Film Corporation, has signed a memorandum of understanding with PlotWeaver, an artificial intelligence-powered storytelling platform, to deploy AI-driven tools aimed at transforming the cinema industry. In a statement, the corporation said the partnership was…

Here is Why Analysts say the Altseason is Not Coming Back

Most altcoins are currently displaying bearish patterns that suggest “altcoin season” is not coming, according to numerous analysts, as Bitcoin dominance begins to rise again. Key takeaways:The Supertrend indicator flashes “sell,” which previously led to a 66% drop in the altcoin…

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