The Lagos State Government has partnered with children’s educational brand Lumi to promote road safety awareness among schoolchildren through storytelling, practical demonstrations and interactive learning sessions aimed at raising a new generation of responsible road users. The initiative, which took…

Kentucky has sued five prediction market platforms, including Kalshi and Polymarket, adding to a wave of US states launching legal fights with prediction markets over sports event contracts.State Attorney General Russell Coleman said in a statement Wednesday that his office…

Nigeria’s crude oil production could rise to 1.9 million barrels per day in the near term following recent improvements in output, the Nigerian Upstream Petroleum Regulatory Commission has said. The Commission Chief Executive of the NUPRC, Oritsemeyiwa Eyesan, disclosed this…

Crypto exchange CoinMENA has entered a banking agreement with Standard Chartered to strengthen fiat payment infrastructure for customers in the United Arab Emirates.Under the agreement, CoinMENA will use Standard Chartered to support fiat on- and off-ramps, client money accounts and…

Nigeria’s current account surplus rose sharply by 255.7 per cent quarter-on-quarter to $4.98bn in the first quarter of 2026, driven by higher crude oil, gas and refined petroleum exports, as well as a steep decline in petroleum product imports, according…

Bitcoin (BTC) bounced off week-to-date lows into Wednesday’s Wall Street open as corporate sell pressure returned to the radar.Key points:Bitcoin sees a new low for the current weekly candle with the Fed FOMC meeting due in hours.Analysis warns that markets…

The Federation Account Allocation Committee shared N2.3tn among the Federal Government, states and local government councils from May 2026 revenue, representing an increase of N43bn from the N2.26tn distributed in the previous month. The latest allocation marks a 1.9 per…

Altcoin markets (excluding Ether (ETH)) recently saw $266 billion in net selling volume on centralized exchanges, the deepest reading since the metric began tracking spot demand in 2020.Altcoins accounted for 51% of Binance futures trading volume on June 16, compared…

United Capital Group, a leading pan-African investment banking and financial services group, has completed the acquisition of a five per cent equity stake in the Nigerian Exchange Group Plc. The financial institution announced the successful conclusion of the transaction on…

Key takeaways:Bitcoin remains under pressure from $2.1 billion in ETF outflows in June and an ongoing discount relative to global Bitcoin/USDT pairs.Strategy’s STRC stock shows weakness, highlighting growing concerns over monthly dividend obligations and share dilution.The US stock market traded…

More than $12 million in crypto-aligned political action committee (PAC) media buys helped propel Barry Moore to victory in Tuesday’s Alabama Republican US Senate runoff over Barry Moore.The runoff was necessary after neither candidate was able to secure a majority…

Over 1,000 retirees of the Nigerian Airspace Management Agency are still awaiting their pension benefits years after exiting service, as they decry the prolonged delay and urge the Federal Government to urgently intervene. Former Director of Air Traffic Services at…

Several national gaming and tribal organizations and labor groups have reportedly called on the US Senate to add language “that explicitly prohibits event contracts tied to sports and casino-style gaming” in the Digital Asset Market Clarity (CLARITY) Act.According to a…

The Nigerian Railway Corporation has announced that all equipment involved in the June 8 Warri-Itakpe Train Service incident has been fully recovered, while affirming that all passengers and personnel on board have been accounted for. The corporation disclosed this in…

Bitcoin’s (BTC) latest bout of panic selling produced significantly smaller realized losses than those seen during the February correction. Realized losses peaked at $1.4 billion during the June decline, compared to $2.6 billion in February, while the buy-side liquidity on…