Wednesday, June 24

Business

NCAA suspends no-pay, no-service airline enforcement order

The Nigeria Civil Aviation Authority has temporarily suspended its “No-pay, No-service” enforcement directive against domestic airlines over outstanding statutory remittances, citing the need to protect operational stability within the country’s aviation industry. In a statement signed by the Director-General of…

Kelp DAO Says rsETH Fully Restored 5 Weeks After Hack

Ethereum liquid staking protocol Kelp DAO says its restaked Ether token has been restored with a five-week recovery effort after the protocol suffered a $293 million exploit by North Korea’s Lazarus Group on April 18.Kelp DAO posted to X on…

Dettol pushes protection against germs in active environments

Dettol Cool has intensified its focus on hygiene awareness by promoting germ protection in high-activity environments, rolling out experiential campaigns designed to engage Nigerians in fitness and movement spaces where the need for freshness and protection is heightened. The brand,…

Bitcoin Volatility Hits 8 Month Low: Will Bulls Take Advantage?

Key takeaways:Bitcoin’s implied volatility plunged to a multi-month low, signaling that traders expect further price consolidation.Excessive confidence among Bitcoin bears could catalyze a liquidation-driven bull run above $82,000.Bitcoin (BTC) implied volatility dropped to 36%, its lowest level in eight months,…

Jumia deepens inclusion drive  in e-commerce market

Jumia Nigeria has said it is strengthening efforts to broaden access to digital commerce, as it marked its 14th anniversary with new initiatives aimed at expanding participation across different income groups in the country’s e-commerce sector. The firm has also…

Chance For Bitcoin Rally To K Rises As Global Tensions Cool

Key takeaways:Declining oil prices boosted global stock markets, helping lift Bitcoin back to $77,000 amid reduced inflation fears.$2.66 billion spot Bitcoin ETF outflows have kept professional crypto traders from turning resoundingly bullish.Bitcoin (BTC) reclaimed the $77,000 level on Monday following…

Fuel price cut imminent as oil falls

Fuel prices may drop in the coming days if oil prices continue to plunge following ongoing peace talks between the United States and Iran. This came as oil prices fell from $111 last week to $97 on Monday morning. The…

Bitcoin Holds K But Altcoins Fail To Keep Up: Here’s Why

Key points:Bitcoin needs to cross and maintain above $78,000 to start a stronger recovery toward $84,000.HYPE and ZEC remain strong while other major altcoins struggle to rise above their overhead resistance levels. Bitcoin (BTC) bounced on Saturday following US President Donald…

Brian Armstrong’s Finance Vision Doubles as Coinbase Roadmap

Brian Armstrong posted an eight-point blueprint for upgrading global finance Monday, which closely tracks Coinbase’s expansion into stocks, prediction markets and stablecoin infrastructure, as the exchange continues its push to become an “everything” platform.The Coinbase CEO’s priorities, posted Monday on…

Fidelity Bank Plc appoints new non-executive director

Fidelity Bank Plc has appointed Jonathan Ososuakpor as a Non-Executive Director of the bank, taking effect from 22 May. The bank disclosed the appointment in a statement posted on NGX Group and signed by the Fidelity Bank’s secretary, Ezinwa Unuigboje,…

Third-Party Module Drains M From Safe Wallets

A suspected third-party Safe module exploit has drained about $3.2 million from wallets across Ethereum and Base, with multiple teams pointing to an external module as the cause.Blockchain security platform Blockaid reported the incident on Monday, saying it involved a…

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