Business
European tech regulators have fined social media platform X 120 million euros ($140 million) for breaking EU rules pertaining to online content.The fine follows a two-year investigation under the Digital Services Act (DSA), which reportedly…
CNBC has entered a multi-year partnership with prediction market operator Kalshi to incorporate real-time forecasting data across its TV, digital and subscription platforms.According to Thursday’s announcement, Kalshi’s event probability data will be integrated into CNBC programming beginning in 2026, including…
The Chairman of Dangote Group, Alhaji Aliko Dangote, has disclosed that the group will become the world’s largest producer of fertiliser by 2028. Dangote stated this while speaking at the Imo Economic Summit, organised by the Imo Government, in Owerri…
1Money, a company co-founded by the former CEO of Binance.US, has launched a stablecoin orchestration platform ahead of its plans to build a layer-1 blockchain for payments.In a Thursday announcement, 1Money said the platform by the same name will have…
Hua Xia Bank, a publicly traded financial institution linked to China’s government, issued 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to reduce clearing friction by removing intermediaries from the auction process.According to Sina, the onchain government…
The Nigerian stock market closed bullish on Thursday, posting a gain of N97 billion for investors. This marked the third consecutive positive rally of the week. The positive performance was driven by sustained investor interest in stocks such as UACN,…
A panel featuring gold advocate Peter Schiff and Binance co-founder Changpeng “CZ” Zhao at Binance Blockchain Week highlighted the challenges of verifying physical gold, after Schiff was unable to confirm whether a gold bar presented to him was genuine.The debate…
Solmate, formerly Brera Holdings PLC, has signed a nonbinding term sheet to acquire RockawayX, a deal that would shift the Abu Dhabi–based Solana company from a passive digital-asset treasury to a unified platform offering infrastructure, liquidity and asset-management services.According to…
Twenty One Capital, a Bitcoin-focused financial company led by Jack Mallers, expects its shares to begin trading on the New York Stock Exchange next week following the completion of its merger with Cantor Equity Partners, a special purpose acquisition company.The…
The Federal Inland Revenue Service (FIRS) has stated that Nigeria’s newly enacted tax laws are designed to strengthen economic competitiveness, attract investments and improve long-term fiscal stability. In a statement on Monday, the agency also clarified that the much-debated 4…
Maximal extractable value (MEV) refers to the economic value diverted from users by block builders through the manipulation of transaction ordering. The most harmful type of MEV are sandwich attacks, where an attacker simultaneously frontruns and backruns a victim’s swaps.…
The US Commodity Futures Trading Commission has given approval for spot cryptocurrency products to trade on federally regulated futures exchanges.In a Thursday notice, Acting CFTC Chair Caroline Pham said the move was in response to policy directives from US President…
The Lagos Chamber of Commerce and Industry has elected Leye Kupoluyi as its 44th 44th President and Chairman of Council, following the completion of Gabriel Idahosa’s tenure, The PUNCH has learned. Until his election as president, Kupoluyi, an engineer, served…
Bitcoin (BTC) slipped from the 2025 yearly open into Thursday’s Wall Street trading session as markets reacted to US jobs data.Key points:Strong US labor-market data fails to dent hopes of a December Fed rate cut.Crypto continues to diverge from stocks…
Yacimientos Petrolíferos Fiscales (YPF), Argentina’s state-controlled energy company, is reportedly considering allowing drivers to pay for gasoline and diesel with cryptocurrency, as digital assets continue to gain traction in everyday transactions across the country. The plan could rely on a…
The African Export Import Bank has called for an urgent push to modernise Africa’s trading systems through digital technology, warning that the continent will struggle to meet the promise of the African Continental Free Trade Area (AfCFTA) unless it tackles…
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