Business
The Managing Director of the Federal Airports Authority of Nigeria, Olubunmi Kuku, has explained that the Federal Government’s decision to renegotiate the concession agreement for the Murtala Muhammed Airport Terminal II was aimed at restoring…
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…
Coinbase has launched pre-intial public offering (IPO) markets, starting with SpaceX, offering users outside the United States exposure to private companies before they list publicly via a perpetual futures contract tied to the company’s estimated pre-listing price.The product is a…
The Shipping Correspondents Association of Nigeria, organisers of the 2026 Dockworkers Day, has stated that the initiative is aimed at aligning Nigeria’s port operations with global environmental standards while ensuring dockworkers are not left behind in the transition toward greener…
Bitcoin (BTC) has tagged a key bear-market trend line with its drop to four-month lows, with a “decent chance” of a rebound next.Key points:Bitcoin revisits its 200-week simple moving average after trading above it since October 2023.The trend line functioned…
The Nigerian Electricity Regulatory Commission (NERC) will kick off the Net Billing Regulations 2026 to strengthen energy security and expand renewable energy nationwide. The commission announced its plan in a public notice on Wednesday, addressed to electricity consumers, distribution companies,…
A seasoned shipping professional and the Executive Director at Seamate Maritime Integrated Services Limited, Captain Ladi Olubowale, has stated that Africa is entering what may become the most transformative maritime era in its modern history. Olubowale emphasised that although African…
Crypto exchange Coinbase said it froze more than $3 million in cryptocurrency tied to a global operation targeting cyber-enabled crypto scam networks in Southeast Asia. The operation was part of Disruption Week led by the US Department of Justice’s Scam Center…
The Nigerian Electricity Regulatory Commission (NERC) has approved a special compensation package for eligible Band A electricity customers affected by generation shortfalls that disrupted power supply between February and March 2026. The commission announced this in a statement on Wednesday,…
Nigerian banks earned a combined N209.18bn from account maintenance charges in the first quarter of 2026, representing a 14.07 per cent increase from the N183.37bn recorded in the corresponding period of 2025, an analysis of the unaudited financial statements of…
Nine Democratic lawmakers in the US House of Representatives have called on the Federal Trade Commission to launch a probe into how prediction markets are advertising to customers compared to how they present themselves to regulators. In a statement on…
Nigeria has reiterated its commitment to attracting foreign investment and deepening economic ties with global financial institutions as the Federal Government joined other African leaders at the London Stock Exchange on Wednesday to promote stronger Africa-United Kingdom investment relations. The…
Bitcoin’s (BTC) brief plunge toward the $60,000 area triggered more than $600 million in long liquidations, raising doubts over whether the latest rebound marks a real bottom or only a relief bounce after a leverage flush.BTC price may rebound toward…
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