The Nigeria Revenue Service (NRS), in collaboration with the Joint Revenue Board (JRB), has announced that it will commence implementation of the Taxpayer Identification (Tax ID) system, urging companies, individuals, enterprises, and businesses to integrate onto the platform as it…

Cryptocurrency investment products posted heavy outflows last week as investors reduced risk amid inflation fears and uncertainty over a lasting ceasefire between the United States and Iran.According to CoinShares’ latest weekly report, digital asset exchange-traded products (ETPs) recorded $1.07 billion…

Ether (ETH) dropped sharply after rejection at $2,400 last week, dropping as low as $2,100 on Monday, indicating that bears are back “in control,” according to new analysis.Key takeaways:Ether drops 12% after rejection at $2,400 as bears regain control.Binance sell pressure…

Hyperliquid DEX’s native token, HYPE, is showing potential for a 55% rally after a wallet reportedly tied to Silicon Valley-based venture capitalist, a16z, accumulated $90.87 million worth of tokens in just over a month.Key takeaways:HYPE’s three-day chart shows a potential…

EUR 1 billion note programme planned for 2026 following completion of global issuance infrastructure by the end of Q3 2026.STOCKHOLM & RIGA — May 14, 2026 — Deploi, the institutional infrastructure layer for digital private credit, today announced the launch…

KB Financial Group, the parent company of South Korea’s largest bank, KB Kookmin, completed a stablecoin pilot for offline payments and cross-border remittances through the Kaia blockchain.KB tested the lifecycle of a South Korean won-denominated stablecoin, including issuance, merchant settlement…

Bitcoin (BTC) dropped to $76,000 during the early Asian trading hours on Monday as US-Iran tensions resurfaced. Key takeawaysBitcoin falls to $76,500 as bearish momentum becomes increasingly tied to geopolitical developments.Over $607 million in long positions have been liquidated in the…

Paris, May 18, 2026 — Proof of Talk, widely known as the Davos of Web3, today confirmed its 2026 programme and opened remaining passes for its fourth edition at the Louvre Palace in Paris on June 2–3.The gathering will bring…

Palm oil consumers and traders across Benin City, Edo State, have described recent price reductions as “a fragile relief”, warning unstable supplies, transportation expenses, and persistent inflationary pressures could trigger another increase. A News Agency of Nigeria survey at Oba,…

Iran is reportedly considering a plan to exercise control over the Strait of Hormuz through an “insurance-based model,” with some speculating, based on an unverified website, that it could be paid in Bitcoin. On Saturday, Fars News Agency, an Iranian news…

The Business Council for Africa (BCA), in partnership with the Africa Finance Corporation, African Business and BrandComms, has unveiled an exciting and eclectic shortlist for the 4th edition of the BCA African Business Book of the Year Awards. Femi Otedola,…

Verus Protocol’s Ethereum bridge was reportedly exploited on Monday through a fake cross-chain transfer message that allowed a hacker to fraudulently transfer out at least $11.58 million in cryptocurrency.Onchain security platform Blockaid said in an X post on Monday that…

The Federal Government has explained the delayed publication of recent Quarterly Budget Implementation Reports, saying fiscal years are defined by legislative provisions and not strictly by the January-to-December calendar cycle. In a statement issued on Sunday, the Director-General of the…

Crypto exchange Kraken has reportedly laid off some of its staff as a cost-cutting measure, which could delay its planned initial public offering in the US until next year.The company, whose corporate name is Payward, laid off about 150 workers…

Nigeria’s hard-won progress on financial transparency is facing a fresh threat as thousands of inactive companies on the platform of the Corporate Affairs Commission (CAC) continue to operate bank accounts without restrictions, potentially undermining reforms that helped the country exit…