Business
Integrated energy giant, Aradel Holdings Plc, has released its unaudited consolidated financial statements for the first quarter ended 31 March 2026, showcasing an unprecedented financial performance that completely surpasses its previous records. The group’s revenue…
Bonny Gas Transport Limited, a subsidiary of Nigeria LNG Limited, has awarded contracts for the construction of three new liquefied natural gas carriers to Hudong-Zhonghua Shipbuilding Group and China Shipbuilding Trading Company. According to a statement, the vessels form part…
Professional ownership of US spot Bitcoin exchange-traded funds (ETFs) declined sharply in the first quarter as Bitcoin’s bear market deepened, suggesting that trading-oriented institutions were a significant source of selling pressure during the downturn.A new report by CoinShares analyzing quarterly…
The World Bank has said its regional power integration and electricity access programme is strengthening electricity supply across West Africa, expanding cross-border power trade, improving utility finances and increasing access to electricity for millions of people. In a results brief…
Cryptocurrency exchange Coinbase will allow qualified borrowers to pledge digital assets to fund Fannie Mae-backed mortgage apartments beginning this summer.In a Thursday notice, Coinbase and its partner, Better Home & Finance, said the mortgage structure plan launching “by summer 2026”…
Car dealers and freight forwarding stakeholders at the Seme border have blamed the Federal Government’s continued ban on vehicle importation through the border for what they described as the deaths of more than 150 freight forwarding agents and the collapse…
Bitcoin (BTC) returned below $64,000 after Thursday’s Wall Street open as bulls nursed 13.5% weekly losses.Key points:Bitcoin struggles to stabilize amid its worst week of losses in 2026 so far.$60,000 is the line in the sand for bulls to defend,…
Arridex, formerly RusselSmith, on 1 June 2026, announced its formal change of name, registered with the Corporate Affairs Commission of Nigeria. The change reflects the significant expansion of the organisation’s capabilities and the breadth of industries it now serves, which…
A wallet tagged by Arkham to the publicly listed Ethereum treasury company FG Nexus moved another 10,000 Ether on Wednesday, extending a series of sales that began after the company built a large position in 2025.The latest transfer equates to…
The Anambra State Electricity Regulatory Commission has signed four new regulatory instruments for immediate enforcement to improve electricity supply in the state. The four regulatory instruments, which include the Business Rules, Customer Protection Regulation, Licensing Regulation, and Investment Regulation, are…
BitMEX co-founder Arthur Hayes said he dumped his Hyperliquid (HYPE) and Near Protocol (NEAR) token holdings, reversing course after previously assigning aggressive upside targets to both assets.Hayes cited higher energy prices due to the ongoing Middle East conflict, three forthcoming…
Key stakeholders in Nigeria’s automotive sector will converge in Lagos on Thursday to chart a path for the growth of the industry as Motoring World Magazine marks its 30th anniversary with a forum focused on addressing persistent challenges confronting the…
Strategy’s Bitcoin holdings fell deep into paper-loss territory as BTC traded below the company’s average purchase price, renewing scrutiny of Michael Saylor’s Bitcoin treasury model.Strategy holds 843,706 Bitcoin (BTC) acquired at an average price of $75,699 per coin, with a…
The Nigeria Export Processing Zones Authority and 20 other Federal Government agencies have pledged to integrate into the Revenue Optimisation and Assurance Platform and the Federal Treasury e-Receipt system as part of efforts to improve transparency and accountability in government…
Apex Group is providing fund management services for a tokenized real estate fund whose shares are being issued on Goldman Sachs’ Digital Asset Platform, GS DAP.The fund was developed with Goldman Sachs, digital asset exchange Archax, real estate investment manager…
Nigeria attracted $10.37bn in capital importation in the first quarter of 2026, representing an 83.83 per cent increase from the $5.64bn recorded in the corresponding period of 2025, according to the National Bureau of Statistics. The latest Capital Importation Report…
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