Tuesday, June 23

Business

Cooking gas prices surge despite higher domestic supply

The price of  Liquefied Petroleum Gas (cooking gas) has continued to rise across the country despite a significant increase in its domestic production and a decline in imports, The PUNCH reports. Data obtained from the Nigerian Midstream and Downstream Petroleum…

US, UK Central Bankers Offer Contrary Views on Stablecoins

US Federal Reserve governor Christopher Waller said Sunday that the growing use of dollar-backed stablecoins could bolster the global influence of US monetary policy.Waller told participants at the 32nd Dubrovnik Economics Conference that countries that increasingly rely on stablecoins backed…

Dangote retains Africa’s most admired brand title for eighth year

Dangote Industries Limited has emerged as Africa’s Most Admired African Brand for the eighth consecutive year, reinforcing its dominance across industrial, sustainability and social impact rankings. The company disclosed this in a statement on Sunday, noting that the recognition was…

Strategy’s Michael Saylor X Tease Tees Up BTC Buy

Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be announcing fresh purchases of the cryptocurrency in the coming days.The social media post comes just days ahead of a proxy vote that depends in large part on…

Kraken Says ‘Plans’ to Offer BTC Perps to US Institutionals

Kraken said late Friday that it expects to launch CFTC-regulated perpetual futures contracts in the US in the next 30 days, hours after the US Commodity Futures Trading Commission approved the instruments.The exchange said when it gains approval, the contracts…

Bitcoin is on the Verge of Locking in 3% May Losses

Bitcoin (BTC) circled $73,500 on Sunday as bulls stared down 3% BTC price losses for May.Key points:Bitcoin looks set to end May “in the red” as the monthly candle close nears.US labor-market data will form the key volatility catalyst for…

FAAN, Lagos govt step up Ebola surveillance at airport

The Federal Airports Authority of Nigeria (FAAN), Lagos State Government health officials, and Port Health Services have reinforced measures to prevent the importation and spread of Ebola Virus Disease (EVD) through the Murtala Muhammed Airport (MMA), Lagos, following a joint…

Cosmos-Based Gravity Bridge Halts After Reported .4M Exploit

Gravity Bridge, a decentralized blockchain facilitating cross-chain transfers between Ethereum and Cosmos, was reportedly drained of roughly $5.4 million, prompting validators to halt the bridge.Onchain analyst Specter first flagged the unusual outflows in a Saturday post on X, revealing that…

Bitcoin Spot, Futures Buyers Show Up But Is It Enough?

Bitcoin ETF selling overwhelmed markets again after last week’s $1.42 billion outflow followed the previous week’s $1.26 billion outflow. BTC’s subsequent fall to $72,500 raised concerns that the price would slip back into the $60,000 to $70,000 range that BTC was…

NNPC posts N481bn profit amid revenue surge

The Nigerian National Petroleum Company Limited has recorded a significant month-on-month surge in performance, with revenue climbing sharply to N4.97tn in April 2026, compared to N2.77tn posted in March. This represents an increase of about 79 per cent in monthly…

© 2026 The Online Guru. All Rights Reserved.