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JAPANMetaplanet’s executive stock pool sparks shareholder backlashJapanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool,…
The European Banking Authority on Friday unveiled a sweeping framework to penalize cryptocurrency issuers that violate the European Union’s digital-asset laws, signaling a tougher enforcement stance as the trade bloc finalizes its historic regulatory architecture.The consultation paper published June 26…
The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern that consumers have yet to benefit fully from the recent decline in global crude oil prices, warning that it will sanction businesses found to be exploiting buyers in the…
Bitcoin (BTC) is heading for its worst monthly loss since mid-2022, with BTC down roughly 18.5% in June as price struggles to hold the psychological $60,000 support level. BTC/USD monthly chart. Source: TradingViewWill Bitcoin’s downside momentum extend in July, or…
The Federal Competition and Consumer Protection Commission has raised concerns over what it described as possible consumer exploitation in Nigeria’s downstream petroleum sector following the failure of fuel prices to decline significantly despite a sharp drop in global crude oil…
The Small and Medium Enterprises Development Agency of Nigeria has secured a $12m commitment from the South Korean Government to establish a world-class Skills Acquisition Centre in Abuja as part of efforts to deepen entrepreneurship, tackle unemployment and strengthen Nigeria’s…
As the early-morning sun illuminates the skies, Kwari Market comes alive in the heart of Kano with the rustle of fabrics, the movement of bales, and the rising voices of bargaining. Inside its dense network of shops and plazas, colourful…
The Tomatoes Growers and Processors Association of Nigeria has assured Nigerians that the current high prices of tomatoes are expected to decline considerably from August as the wet-season harvest reaches the market. The Kaduna State Chairman of TOPAN, Mr Rabiu…
Binance recorded over $400 million in net outflows during the week beginning June 22, as the cryptocurrency exchange announced the withdrawal of its Markets in Crypto-Assets Regulation (MiCA) license application in Greece.According to DefiLlama data viewed by Cointelegraph on Sunday,…
Zach Pandl, head of research at Grayscale, said he hopes Strategy will sell at least $3 billion in Bitcoin to cover most of the company’s cash obligations for the next two years.In a Saturday X post, Pandl argued that the…
The Centre for the Promotion of Private Enterprise (CPPE) has cautioned against the Senate’s resolution calling for a ban on textile fabric imports, warning that the proposed restriction could hurt the Nigerian economy, disrupt supply chains, and threaten millions of…
Founder and Chief Executive Officer of Clea, Sheriff Adedokun, discusses developments in Nigeria’s foreign exchange market following reforms introduced by the Central Bank of Nigeria in this interview with FELIX OLOYEDE African firms import goods valued at over $1tn annually,…
Civil society organisations have called for greater transparency and accountability in the use of Federation Account Allocation Committee disbursements, following a 25.85 per cent increase in allocations to the three tiers of government from N8.30tn to N10.45tn between January and…
A sequencer bug was responsible for two outages of the Coinbase layer-2 network Base last week, according to a post-mortem. The Base engineering team said in a Saturday post-mortem that they identified a bug in sequencer block-building logic that allowed “stale…
Africa’s ambitious plan to connect 300 million people to electricity by 2030 has secured about $1.4bn in co-financing from international development partners, underlining growing global confidence in the continent’s biggest-ever energy access programme. An analysis of the Mission 300 Progress…
The Economic and Financial Crimes Commission (EFCC) has recovered over N9.4 billion, $21.2 million, and several landed properties in an ongoing investigation into the alleged diversion of funds released for the rehabilitation and turnaround maintenance of Nigeria’s refineries, PREMIUM TIMES…
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