Business
Alongside many of the world’s rich and powerful, some prominent leaders in the crypto industry are explaining their connections, however tenuous, with the late sex trafficker Jeffrey Epstein.The US Department of Justice (DOJ) released millions…
Chicago-based derivatives exchange CME Group is moving to deepen its exposure to altcoins as demand for regulated crypto products continues to expand in the United States.CME Group said Thursday that it plans to list futures contracts tied to Cardano (ADA),…
Nigeria expects its economy to grow by 4.68 per cent in 2026, supported by easing inflation, improved foreign exchange stability and continued fiscal reforms, the federal government said on Thursday. The projection was outlined by the Minister of Finance and…
Nigeria’s headline inflation rate eased to 15.15 per cent in December 2025 following a methodological review by the National Bureau of Statistics, marking a sharp moderation in price pressures compared with both the preceding month and the same period last…
Bitcoin’s price climbed back above $97,000 this week, supported by a sustained return of capital into US spot Bitcoin exchange-traded funds, data and market watchers say, suggesting a structural shift in demand after months of sideways trading.Since the start of…
Rand Merchant Bank Nigeria Limited has acted as the lead issuing house of the N236bn rights issue undertaken by Presco Plc, working closely with Presco to structure, coordinate, and execute a seamless capital raise. This was disclosed in a statement…
Bitcoin halted its bullish BTC price rebound to dip below $96,000 on news that Middle East geopolitical tensions were easing.Bitcoin (BTC) sold off at Thursday’s Wall Street open as traders eyed the next key support levels.Key points:Bitcoin support levels come…
Digital bank PalmPay and Premier Cool have launched a nationwide consumer promotion offering N100m in cash rewards to Nigerians, as brands increasingly turn to incentive-led campaigns to boost household spending amid economic pressure. The campaign, tagged “10K for 10K”, will…
Key takeawaysETF flows reveal real institutional demand beyond short-term price moves.Bitcoin treasury stocks can turn BTC exposure into an equity risk shaped by index rules.Low fees are reviving questions about how Bitcoin may pay for its long-term security.Scaling now means…
The Nigerian Content Development and Monitoring Board, in partnership with Renaissance Africa Energy, Beam Energy, and Hamaston Limited, has launched a specialised training programme for six Nigerian graduates under the Community Electrification Interdependent Project. According to a statement by NCDMB,…
The United Kingdom is considering new restrictions that could bar children under 16 from using mainstream social media platforms.The discussion builds on the Online Safety Act, which already requires services with minimum age limits to explain how they enforce them…
Determined to boost security, the Nigeria Customs Service, Ogun I Area Command, has organised a joint border security engagement aimed at enhancing regional security and promoting smooth cross-border trade. The command, while announcing this in a post via one of…
Artificial intelligence (AI) is becoming embedded across crypto trading, accelerating analysis, execution and optimization processes previously handled by people.Investors and trading companies are being pushed to confront how much decision-making can be automated without diluting control, accountability or human judgment.Even…
The Institute of Chartered Secretaries and Administrators of Nigeria on Tuesday unveiled its 60th anniversary logo and outlined activities for its diamond jubilee celebration at the institute’s secretariat in Ikeja, Lagos. The anniversary, themed “Six Decades of Excellence: Shaping Governance,…
India’s crypto industry is renewing calls for tax reform ahead of the country’s February Union Budget, arguing that the current framework is discouraging onshore activity as regulatory compliance requirements continue to tighten.India’s current crypto tax framework, introduced in 2022, levies…
The Sea Empowerment and Research Centre has warned that persistent regulatory gaps in the nation’s maritime sector are costing the Nigerian economy between N500bn and N700bn annually. SEREC disclosed this in a policy memorandum on Wednesday, signed by its Head…
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