The Supreme Court of Nigeria on Friday dismissed a decision of the Court of Appeal ordering the seizure of FPSO Tamara Tokoni, a vessel containing crude oil pledged by oil-servicing firm General Hydrocarbons as collateral for a loan facility obtained…

Bitcoin (BTC) saw new July highs on Friday as bulls kept pushing over the US holiday period.Key points:Bitcoin sustains upside momentum as BTC price action nears its 200-week moving average.That trend line now forms the centerpoint of a “strong resistance…

The federal government has launched a national initiative to integrate electric cooking (e-cooking) into Nigeria’s Clean Cooking Policy Implementation Plan, as part of broader efforts to expand access to clean energy, reduce emissions and mobilise climate finance for sustainable cooking…

The European Union’s cryptocurrency industry has entered a new enforcement phase as the transition period under the Markets in Crypto-Assets (MiCA) regulation came to an end.The end of the transition means crypto companies without MiCA authorization can no longer legally…

South Korean crypto exchange Upbit said it is not participating in the issuance of Open USD, after its operator Dunamu was named among more than 140 businesses involved in the new stablecoin initiative. “Upbit has only indicated our potential willingness to…

Can Africa itself correct the bias it says the Big Three credit rating agencies display in grading African sovereigns? The African Union (AU) and other voices on the continent believe this bias gives African countries unfairly low ratings, pushes up…

The European Securities and Markets Authority (ESMA) has published the first update to its register of crypto companies under the European Union’s Markets in Crypto-Assets Regulation (MiCA) after the transitional period ended Wednesday.Friday’s update to the register added 37 licensed…

Bitcoin (BTC) has added another bear-market bottom signal this month as analysis draws comparisons to November 2022.Key points:Bitcoin adds to its list of bear-market bottom signals with a key supply ratio “buy” trigger.A bear-market floor could still be some time…

Ireland’s Criminal Assets Bureau (CAB) confirmed the seizure of another 500 Bitcoin, currently worth about 27 million euros ($30.9 million), in collaboration with Europol’s European Cybercrime Centre. That brings the total Bitcoin seized by CAB in 2026 to 1,500 BTC, worth…

The federal government has cleared N39.6 billion in outstanding pension arrears, settling longstanding liabilities owed to more than 24,000 retirees under the Defined Benefit Scheme (DBS). The payment, announced on Friday, covers pension obligations inherited from defunct public enterprises and…

The Reserve Bank of India (RBI) reportedly backed a containment strategy for digital assets to shield banks and other financial institutions from exposure to crypto and privately issued stablecoins, as lawmakers prepare a report on the country’s digital asset policy. According…

The National Biosafety Management Agency (NBMA) says it has disposed of 57 cartons of unapproved transgenic hybrid cotton seeds weighing approximately 950 kilograms as part of efforts to enforce Nigeria’s biosafety regulations. The agency disclosed this in a statement issued…

US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their first daily net inflow above $200 million since early May, snapping weeks of sustained withdrawals.The funds attracted $221.7 million in net inflows on Thursday, according to SoSoValue data, ending a 10-day streak…

The African geoeconomic landscape is undergoing a period of profound structural transformation, characterised by intensifying great-power competition, shifting geopolitical alignments, and the increasing fusion of economic statecraft with national security. This new era presents both significant challenges and unprecedented opportunities…

Meta CEO Mark Zuckerberg said AI agent development at the firm is progressing more slowly than expected, even as technology and crypto firms continue pouring resources into the nascent technology. In a company meeting on Thursday, Zuckerberg said the “trajectory…