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…

The United States has seized roughly $1 billion in Iranian crypto assets, Treasury Secretary Scott Bessent said Friday, adding that some of the wallet owners may not yet know the funds are gone.“I believe that we have seized about a…

Despite the growing institutional presence in crypto, retail sentiment is just as important as it was when Wall Street was largely on the sidelines, according to Swan Bitcoin CEO Cory Klippsten.“It still does. You have to remember it’s not like…

The Nigerian Airspace Management Agency has attributed the delay in the payment of outstanding retirees’ entitlements to longstanding bureaucratic, policy, and pension-related challenges inherited from previous administrations. The aviation agency insisted that the current management under its Managing Director, Farouk…

The Nigerian Safety Investigation Bureau has commenced an investigation into the collision involving container vessel MV Maersk Valparaiso and oil tanker MT Lady Martina at Bonny Anchorage in Rivers State. The Bureau, in a statement issued on Friday, classified the…

The Lagos State Government generated about N80bn in 2025 through building approval applications, The PUNCH reports. The Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide, disclosed this on Friday in Lagos during the 2026 Ministerial Briefing in commemoration…

Memecoin launch platform DxSale was drained of $7.3 million in funds in a cyberattack that affected around 1,400 liquidity providers (LPs) on the BNB Chain. The attacker’s address “0xC457” transferred $1.87 million worth of BNB (BNB) tokens into two main wallets…

The Dangote Petroleum Refinery is planning to expand its crude processing flexibility to as many as 130 different crude grades. The refinery, which recently reached its full capacity of 650,000 barrels per day, is also preparing for a major capacity…

Texas is seeking a custody and liquidity provider to help move its Strategic Bitcoin Reserve from BlackRock’s iShares Bitcoin Trust (IBIT) spot Bitcoin exchange-traded fund (ETF) into directly held coins, according to a state procurement document. The move, posted May…

A former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5 million settlement with cryptocurrency company Gemini.In a Wednesday motion filed in the US District Court for the Southern District of…

Bitcoin (BTC) traders have placed new buy orders near $70,000 as the price approaches a key liquidity zone. Order-book data shows more than $500 million in bid liquidity between $72,000 and $70,000, creating a demand zone that could shape BTC’s…