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One of the most successful MEV bots in crypto, Jaredfromsubway.eth, has been drained for more than $7.5 million, with an attacker exploiting the bot’s automated systems, the same ones that have netted it hundreds of…
Ready, a self-custodial crypto wallet and payments company, has reportedly restricted card access for users outside the European Economic Area, according to multiple user reports.Ready has restricted USDC card functionality for users outside the European Economic Area following a change…
The Minister of Aviation and Aerospace Development, Festus Keyamo, says Nigeria’s proposed aircraft leasing company will enable airlines acquire aircraft through local arrangements and make payments in naira rather than dollars. Mr Keyamo disclosed this while speaking on the sidelines…
Financial technology firm Xpress Payment Solutions Limited has pledged to accelerate its deployment of secure, frictionless transaction platforms to meet the demands of Nigeria’s rapidly evolving cashless economy. The company, which operates under the Central Bank of Nigeria’s premium Switching…
Data infrastructure company Inveniam Capital Partners announced plans to acquire layer-1 blockchain Mantra and its affiliated entities, deepening its push into tokenized real-world assets (RWAs).The transaction follows a $20 million strategic investment made by Inveniam in Mantra in August 2025,…
Telecommunications operators and regulators are under growing pressure to address bottlenecks slowing Nigeria’s fibre broadband rollout as industry stakeholders prepare for a high-level policy forum in Lagos. The Association of Telecommunications Companies of Nigeria said the issues surrounding fibre-to-the-home deployment…
Bitcoin (BTC) showed signs of bottoming inside the $60,000–$70,000 range on Wednesday, according to onchain data shared by a quant analyst. Key takeaways:Nearly 20% of BTC supply now sits between $60,000 and $70,000, strengthening the case for a Bitcoin price…
First Bank of Nigeria Limited has crossed a significant digital lending threshold, recording a historic N1bn single-day disbursement on its flagship salary-backed digital loan product, FirstAdvance. The financial institution announced on Monday that the breakthrough underscores a sharp increase in…
China’s central bank is paying closer attention to stablecoins as privately issued digital currencies take on a potentially larger role in the international monetary system and cross-border payments.Wang Xin, director general of the Research Bureau at the People’s Bank of…
Ecobank Nigeria has reiterated its commitment to driving the growth of Small and Medium Enterprises and promoting local industries as the fifth edition of the Ecobank Adire Lagos Experience concluded successfully on Sunday, 14 June 2026. The four-day international exhibition,…
Bitcoin (BTC) fell below $65,000 on Wednesday as traders predicted the impact of a key macro event.Key points:Bitcoin approaches the next Fed interest-rate decision near important support.BTC price analysis warns that “bearish” moves typically accompany FOMC days.$55,000 remains on the…
The Chartered Institute of Personnel Management of Nigeria has warned that the rapid and unregulated adoption of artificial intelligence across workplaces, academia, and government could create ethical, social, and governance risks if not properly managed. The warning was issued during…
BitGo, a crypto custody company, is moving into Europe’s tighter regulatory landscape as exchanges race to maintain access ahead of a key licensing deadline.BitGo Europe launched a crypto-as-a-service platform aimed at meeting the European Union’s Markets in Crypto-Assets Regulation (MiCA),…
The incoming Chairman of the Nigerian Insurers Association, Ebelechukwu Nwachukwu, has unveiled a comprehensive strategic blueprint aimed at driving industry compliance, breaking public trust deficits, and deepening market penetration under the new regulatory framework. Speaking at a pre-investiture press conference…
Why AI agents need longer testsShort, isolated tests miss how AI agents behave over time. A new simulation shows that long-term behavior depends on the environment and on other agents.What happens if you build a virtual city, fill it with…
Foreign investors channelled $3.23bn into Nigerian bonds in the first quarter of 2026, highlighting a strong appetite for the country’s fixed-income securities amid elevated interest rates and improving confidence in the foreign exchange market. Data from the latest capital importation…
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