Business
Clear Street, a New York brokerage that has become one of the most active underwriters in the crypto-treasury boom, is preparing to go public with an expected valuation of $10 billion to $12 billion. The…
Solana is set to roll out the awaited native token tied to its latest mobile phone model, Seeker, at the start of 2026, with the coin set to be the governance token of the company’s mobile ecosystem.Solana Mobile announced in…
The Executive Chairman of the Edo State Ecological Fund and Management Commission, Blessing Agbomhere, has unveiled plans by the state government to raise N160 bn to tackle ecological challenges. Agbomhere, who spoke at a press parley on Wednesday, said the…
The US state of Connecticut has hit Robinhood, Kalshi and Crypto.com with cease and desist orders, accusing the platforms of offering unlicensed sports betting through event contracts.The Connecticut Department of Consumer Protection (DCP) sent letters to the three platforms on…
Global lender Deutsche Bank has expressed interest in funding major rehabilitation and replacement works on two of Lagos’ most critical bridges, the Carter Bridge and the Third Mainland Bridge, as the Federal Government intensifies its push to attract private capital…
Shares in IREN recovered on Wednesday after the Bitcoin miner said it would raise $3.6 billion through a combination of share sales and a convertible debt offering as it races to deploy computers to meet artificial intelligence demand.IREN (IREN) jumped…
Nigeria and seven other African countries are competing for the continent’s biggest student enterprise prize as Junior Achievement Africa opens the 15th edition of its Company of the Year competition in Abuja. The event, which runs from 3 to 5…
Key takeaways:Low BTC and ETH leverage appetite contrasts with strong stock markets, highlighting fragile sentiment despite improving liquidity expectations.While economic uncertainty persists, anticipated monetary easing reduces downside risk for cryptocurrencies, favoring a potential bullish momentum.Bitcoin (BTC) and Ether (ETH) gained…
As part of efforts to promote sustainable manufacturing, an international team of chemical engineers has developed a high-efficiency green extraction technology that could redefine the future of the global essential oil industry. The innovation was led by a Nigerian researcher,…
Strategy, the largest corporate holder of Bitcoin, has slowed its rate of cryptocurrency accumulation in 2025, a move analysts at CryptoQuant interpret as preparation for a drawn-out bear market.“Strategy’s Bitcoin buying has collapsed through 2025,” CryptoQuant said in a Wednesday…
Eterna Plc, one of Nigeria’s leading integrated energy companies, has finalised arrangements for a rights issue of 978,108,485 ordinary shares at N22.00 per share, expected to raise approximately N21.52 bn. The capital raise is designed to strengthen the company’s balance…
Larry Fink, chair and CEO of asset management company BlackRock, explained his “big shift” from associating cryptocurrencies with illicit activities to having the largest spot Bitcoin exchange-traded fund.Speaking at The New York Times’ DealBook Summit on Wednesday, Fink addressed questions…
The Central Bank of Nigeria has again held the Monetary Policy Rate at 27 per cent, marking the fourth pause this year as it prioritises stability amid a slowing but still elevated inflation cycle. With disinflation gaining ground, firmer reserves…
Ethereum’s second major upgrade of the year, Fusaka, has gone live, bringing forward supercharged data capacity, reduced transaction costs and enhanced usability. The upgrade officially went live on the Ethereum mainnet at 9:49 pm UTC on Wednesday at Epoch 411392, with…
Former Citadel engineers Ian Krotinsky and Aashiq Dheeraj have raised $17 million to launch Fin, a stablecoin-powered payments app designed for high-value cross-border transactions. According to Fortune on Wednesday, the startup, previously known as TipLink, closed the round with backing…
Energy experts have called for deeper collaboration between government institutions and private sector players to upgrade national grid systems and accelerate regional power integration across West Africa. The panellists spoke at a session in the West Africa Energy Cooperation Summit…
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