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…

The feeling toward Bitcoin on social media has reached its most bullish level of the year, even as the overall crypto market is down, according to crypto sentiment platform Santiment.“Sentiment on Bitcoin has spiked to 2.23 bullish comments for every…

The Dangote Petroleum Refinery has dropped its petrol gantry price by N25 per litre, from N1,275 to N1,250. A top official of the Dangote Group, who did not want to be named because he was not authorised to speak on…

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…

The African Development Bank has revealed that 70.7 per cent of firms in Nigeria own or share generators due to persistent electricity shortages, with power outages costing businesses about three per cent of their annual sales. The bank disclosed this…

Personal loans granted by Nigerian banks rose to N1.96tn in January 2026, accounting for more than half of the country’s total consumer credit, according to the latest Economic Report of the Central Bank of Nigeria. The report, obtained from the…

Bitcoin could fall toward its February yearly low if it fails to maintain support above the $70,000 level, according to a crypto analyst.“Bitcoin is at a pivotal level, and if it doesn’t hold, we’re buying at <$65K,” MN Trading Capital…

Amid prevailing macroeconomic pressures, Nigeria’s capital market continues to play a key role in investment and economic growth. In this interview with JIDE AJIA, Financial Trust Company Chairman, Niyi Ajayi, speaks on reforms, market performance, integrity, and FTC’s expansion plans…

The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY), a crypto market structure bill, according to Wyoming Senator Cynthia Lummis.Passing a…

Stablecoin issuer Circle froze $12.6 million in USDC dollar-pegged tokens linked to privacy protocol Zama’s confidential USDC smart contract on Saturday, according to onchain sleuth ZachXBT.The smart contract is “publicly labeled” on block explorers and the privacy protocol’s technical documentation,…

Leading financial institution, Fidelity Bank Plc’s international subsidiary, FidBank UK Limited, has announced a commitment to support Nigerians – both individuals and corporations – in acquiring properties in the United Kingdom. Fidbank UK, which provides a comprehensive suite of financial…

Nigeria National Petroleum Company Limited (NNPCL) generated N4.97 trillion in revenue and recorded N481 billion profit after tax in April 2026 as crude oil and condensate production rose to 1.68 million barrels per day (mbpd). This was disclosed in the…

The Securities and Exchange Commission has charged a Texas man with running a crypto fraud scheme that raised $12.3 million from roughly 150 investors by falsely claiming to use AI-powered trading bots to generate guaranteed returns.Nathan Fuller, a resident of…

Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may signal a market bottom is near.According to data from SoSoValue,…

The Bitcoin treasury company space is becoming more divided between firms with actual financial strategies and those leaning more on promotion, according to one industry executive.“I think a lot of them don’t have the right capital structure, right. They don’t…