Business
First Abu Dhabi Bank has announced that it will open a representative office in Lagos, Nigeria, as part of its sub-Saharan expansion push. This was disclosed on Monday at the first Investopia Africa event held…
Access ARM Pensions has exceeded the N4tn mark in assets under management, marking a major milestone and underscoring the strong momentum following the merger of Access Pensions and ARM Pensions. The achievement represents a significant increase from less than N3tn…
Bitcoin fell almost $3,500 on Monday as Europe hinted at retaliatory measures against US President Donald Trump, who threatened new trade tariffs unless negotiations could begin over Greenland. Bitcoin (BTC) prices have dumped 3.6% in a matter of hours, falling from…
The SUNU Group has marked the third anniversary of the passing of its founder, Mr Pathe Dione, across its operational footprints in Africa. According to a statement from the Nigerian arm of the company, the commemoration, which took place from…
The Federal Government plans to spend about N206.50bn on poverty alleviation-related projects in the 2026 budget, an amount that represents far below one per cent of the total N58.47tn spending proposal submitted to the National Assembly. A review of project-level…
Trove Markets, which is building a decentralized perpetual exchange for collectibles, is under fire for pivoting to Solana after raising over $11.5 million tied to a token sale for an integration on Hyperliquid, prompting some backers to seek refunds.Trove first…
The Chairman of Mutual Benefits Assurance Plc, Akinade Ogunbiyi, has reduced his shareholding in the company following the sale of 850,000 ordinary shares, according to an insider trading disclosure filed with the Nigerian Exchange Limited. The disclosure indicated that Ogunbiyi,…
Global markets are expected to face renewed volatility after United States President Donald Trump threatened to impose tariffs on eight European nations over a dispute regarding Greenland. According to Reuters, Trump announced plans to levy a 10 per cent import…
Globacom has launched Travel Saga, a premium, action-packed mobile gaming experience available exclusively to subscribers on the Glo network, as the telecoms operator steps up its push into digital entertainment. The story-driven role-playing adventure is designed to deliver high-intensity action,…
The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said.The prohibition on yield-bearing stablecoins in the CLARITY Act puts the US dollar at a competitive disadvantage to China’s…
The Minister of Solid Minerals Development, Dr Dele Alake, has been re-elected Chairman of the Africa Minerals Strategy Group, a continental forum of African ministers responsible for minerals and mining, committed to coordinated action to maximise value addition and beneficiation…
Overregulation of the crypto industry would negatively impact markets and gut decentralized finance (DeFi), according to Michaël van de Poppe.The failure of the CLARITY crypto market structure bill to advance in the United States Congress is positive for crypto markets…
Ethereum co-founder Vitalik Buterin is urging developers to confront the protocol bloat driven by an endless push to add new features while rarely removing old ones.In a Sunday post on X, Buterin argued that true trustlessness and self-sovereignty depend less…
Qatar Airways said its aircraft operating the Lagos–Doha route returned safely to the Murtala Muhammed International Airport, Lagos, after the flight crew detected a technical issue while the plane was airborne on Friday. The airline said the aircraft, flight QR1406,…
Moving value across blockchains is now largely mediated by a small group of centralized intermediaries despite crypto’s long-standing claims of decentralization.Michael Steuer, president and chief technology officer of Casper Network, framed this dynamic as a structural outcome of the industry’s…
Nearly four out of five crypto projects that suffer a major hack never fully regain their footing, according to Mitchell Amador, CEO of Web3 security platform Immunefi. Amador told Cointelegraph that most protocols enter a state of paralysis the moment…
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