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…

US regulatory developments could unlock a new phase of blockchain adoption in 2026, including sovereign Bitcoin reserves and a broader shift by banks toward tokenized financial infrastructure, according to a report by crypto banking group Sygnum.The highly anticipated CLARITY Act…

Champion Breweries Plc has announced the successful redemption of its N4.21bn Series 1 Commercial Paper Notes at maturity, issued under its N15bn Commercial Paper Issuance Programme. The company said in a statement on Wednesday that the Series 1 Commercial Paper…

Bitcoin exchange-traded funds (ETFs) have seen strong inflows for three consecutive days, reversing earlier January losses.Spot Bitcoin (BTC) ETF inflows topped $843.6 million on Wednesday, marking the largest single-day inflows of 2026 so far, according to data from crypto research…

The Nigerian Exchange Limited has officially listed an additional 3,156,869,665 ordinary shares of United Bank for Africa Plc on its Daily Official List, marking a step in strengthening the bank’s capital base and deepening liquidity in the Nigerian capital market.…

Decentralized finance (DeFi) protocols are abandoning public Discord servers, arguing that the platform has become more of a liability than a community hub. The shift drew attention on Wednesday after DeFi lending protocol Morpho said it had moved its public Discord…

The Nigerian Exchange Limited recorded a strong trading session on Wednesday as investor optimism returned to the equities market, pushing total market capitalisation up by N598bn to close at N106.78tn. The increase reflects a 0.56 per cent rise over the…

A spokesperson for former New York City Mayor Eric Adams has refuted accusations that he moved money or profited from the NYC Token, which launched on Monday and plummeted 80% in the first hour of launch. “To be absolutely clear: Eric…

The Federal Government has directed all banks and fintechs to collect and remit 7.5 per cent value-added tax on certain electronic banking services, effective Monday, January 19, 2026, according to an email notice issued by payment platforms. The VAT will…

Bitcoin will likely reach new all-time highs despite poor performance against gold and tech stocks last year, according to BitMEX co-founder Arthur Hayes, citing the potential expansion of monetary conditions. “If gold and the Nasdaq have the juice, how is…

The Dangote Petroleum Refinery has commenced night-time loading operations as it intensifies efforts to sustain a daily supply of more than 50 million litres of Premium Motor Spirit (petrol) across Nigeria, signalling a major shift to full 24-hour operations at…

Open interest in Bitcoin derivatives markets has declined over the past three months, resulting in dwindling leverage that has become bullish for the overall market structure, according to CryptoQuant.A 31% decline in open interest (OI) on Bitcoin derivatives since October…

Aradel Holdings Plc says it recorded 10 million man-hours without a lost-time injury across its operations as of 21 December 2025. In a statement, the company said the milestone was achieved across all its subsidiaries during a period of expanded…

Blockchain infrastructure firm Global Settlement Network has announced a pilot to tokenize water treatment sites in Jakarta, aiming to eventually scale it out to the rest of Southeast Asia over the next 12 months with $200 million in tokenized assets.Real-world…