Business
Bitcoin (BTC) is “compressed” at low levels but its classic cycles remain intact, say new research.Key points:Bitcoin is acting just like in prior cycles as it circles a key four-year trend line.Analysis says that BTC…
For years, crypto has thrived on speculative capital flows and the explosive popularity of decentralized finance (DeFi) tokens and applications.That still holds true for rising sectors such as perpetual decentralized exchanges and prediction markets. But as Wall Street pushes deeper…
The total debt market size of the FMDQ Securities Exchange Limited has reached a historic milestone, hitting N118.29tn, according to data released by the exchange on Tuesday. The official market report, which captured trading activities as of 26 May 2026,…
Argentina’s government is moving to restrict banks, payment firms and crypto providers from serving unauthorized online gambling platforms as part of a broader crackdown on digital betting.The government presented a Bill for the Prevention of Gambling and Regulation of Online…
Nestlé Nigeria Plc has convened government representatives, healthcare professionals, and industry leaders at its 2026 Nestlé for Good Summit in Lagos to advance collaborative solutions aimed at improving public nutrition outcomes and strengthening local food systems. The dialogue focused on…
Bitcoin (BTC) has created its last classic price magnet as a staple chart feature disappears forever.Key points:Bitcoin is set to lose popular short-term price targets as CME Group’s futures market goes 24-hour.CME futures gaps will no longer be created over…
FirstBank is set to commemorate Children’s Day 2026 with a series of sponsored nationwide engagements designed to educate, inspire, and empower children across Nigeria. Through its sponsorship of initiatives organised by the Nigerian Television Authority, Nigeria Future Leaders Festival, and…
Samsung Securities, Samsung SDS and Samsung Card will acquire a combined 4% stake in Dunamu, the operator of South Korean crypto exchange Upbit, in a deal that expands Samsung affiliates’ exposure to the country’s digital asset market, local media reported.The…
The Nigeria Customs Service has stated that it sealed MT NY Maria because the vessel was found discharging premium motor spirit without the requisite Customs clearance at the MRS Terminal at the Dantata Jetty, Tincan Island Port. In a statement…
Bitcoin (BTC) sold off into the early Asian trading session on Thursday as the drop to $72,600 produced significant liquidation of leveraged positions across the crypto market.Key takeaways:Bitcoin price deviated 4.5% from its daily high of $76,050 on Wednesday, dropping…
The President of the European Central Bank, Christine Lagarde, has stressed the need for central banks across the world to maintain their independence amid growing political and economic pressures. Speaking on Thursday at a conference in Phnom Penh, Cambodia, Lagarde…
Polymarket’s vice president of engineering, Josh Stevens, clarified that the prediction market platform is not adding mandatory Know Your Customer (KYC) checks to its existing service, after a report said the company had considered user verification requirements.Stevens said in an…
Moniepoint Inc., the Nigerian fintech and financial ecosystem company, on Monday announced a N3bn commitment to establish innovation hubs across three federal universities in a long-term push to strengthen the country’s digital talent pipeline. The initiative will see the development…
The Bank for International Settlements (BIS) released a report Wednesday on Project Agorá, an experimental prototype for cross-border wholesale payment.The BIS said the report shows how seven central banks and more than 40 regulated financial institutions can settle cross-border wholesale…
A chartered accountant and Chairman of Treal Hotels and Suites, Mr Adebayo Fagbenro, has described tourism, culture, and the hospitality industry as viable sources of revenue capable of boosting Nigeria’s Gross Domestic Product and creating sustainable employment opportunities. Fagbenro made…
The US Commodity Futures Trading Commission has asked a federal court to vacate its $5 million settlement with crypto exchange Gemini, claiming that the agency’s enforcement action was based on flawed allegations.Gemini settled with the CFTC and paid a $5…
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