Business
The Nigerian Content Development and Monitoring Board has said African countries are studying its local content model to set up theirs. The board stated this recently while hosting a delegation from the Ghana National Petroleum…
Nigerian billionaire businessman Femi Otedola has disclosed that he sold his stake in Geregu Power Plc to invest in the planned public offering of the Dangote refinery project owned by Aliko Dangote. Mr Otedola made the disclosure while speaking to…
The European Central Bank warned EU finance ministers on Friday that proposals to expand euro stablecoin issuance could weaken bank lending and complicate monetary policy, according to three sources cited by Reuters.The pushback came in response to a policy paper…
Airtel Africa Plc has announced a change in its registered office address in London, calling on stakeholders to take note of the change and update their records accordingly. The company announced the change in a statement posted on NGX Group…
Bitcoin (BTC) has trended up for 90 days and is seeing a “bull market rally,” analysis says.Key points:Bitcoin has trended up for 90 days within its bear market — something that has never happened before.Analysis thus sees price as being…
The Securities and Exchange Commission has approved Nasdaq’s proposal to list cash-settled Bitcoin index options on the Philadelphia Stock Exchange.The options are European-style contracts tied to the Nasdaq Bitcoin Index, a benchmark that tracks one one-hundredth of the CME CF…
Polymarket confirmed a security exploit affected part of its infrastructure, pointing to a possible private key compromise involving a wallet used for top-up operations, while saying user funds and market resolution were safe.In a Friday X post, Polymarket developers said…
The recent streak of outflows from US-based spot Bitcoin ETFs, totaling more than $1 billion over the past trading week, suggests a potential buying opportunity for the world’s largest cryptocurrency, according to crypto sentiment platform Santiment.“Santiment’s analysts read these flows…
Lagos State recorded a total revenue of N2.6 trillion in 2025, marking a 16 per cent increase from the N2.3 trillion generated in 2024, the Commissioner for Finance, Abayomi Oluyomi, has disclosed. Oluyomi revealed the figures on Friday during a…
Polymarket, a global prediction market platform, is reportedly seeking entry into Japan amid growing regulatory scrutiny of the sector worldwide.The company has appointed Mike Eidlin, head of Japan at crypto firm Jupiter, to lead its local efforts and is preparing…
The Federal Government has said it is targeting the establishment of 2,322 Compressed Natural Gas stations nationwide by 2027 as part of efforts to deepen the adoption of alternative fuel vehicles and expand gas mobility infrastructure across the country. The…
Strategy chairman Michael Saylor has not ruled out the company offloading some Bitcoin as early as this year, after recently softening his long-held “never sell” stance.“I think it’s not unlikely that we’ll sell some Bitcoin between now and the end…
The United States has directed Nigerians and other foreign nationals seeking green cards to return to their home countries to complete the application process, except in extraordinary circumstances. The directive, issued on Friday, was announced by the United States Citizenship…
THORChain said a malicious node operator exploited a vulnerability in its GG20 threshold signature system to drain about $10.7 million from one of the protocol’s vaults.The GG20 threshold signature scheme is used to secure THORChain vaults by splitting key control…
Edo State Governor, Monday Okpebholo, has said that his administration remains committed to transforming agriculture into a viable and sustainable pathway for wealth creation, food security, and youth development. Okpebholo gave the assurance in Benin City at the flag-off ceremony…
Security exploits are weighing on institutional appetite for decentralized finance (DeFi), even as broader crypto adoption continues through stablecoins and tokenized assets.In an April research note, JPMorgan analysts said that bridge security remains a challenge for the industry, raising questions…
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