Asset managers Grayscale and VanEck filed amended S-1 registration statements for their respective spot BNB exchange-traded funds on Friday, bringing the cryptocurrency one step closer to becoming an approved US crypto ETF. Grayscale filed its second amendment, while VanEck submitted its…

With the July 31 deadline firmly in place, several insurance companies are intensifying efforts to raise fresh capital through rights issues, private placements, mergers, and acquisitions in a bid to avoid regulatory sanctions and possible licence withdrawal, reports JIDE AJIA…

The Director-General of the Niger Chamber of Commerce, Industry, Mines and Agriculture, Adamu Salihu, has described the Dangote Group as a transformative force in Africa’s economic renaissance, saying the conglomerate is “not only industrialising Nigeria, but indeed the whole of…

The Nigerian Aviation Handling Company Plc has recorded a profit before tax of N24.28bn for the 2025 financial year, while signalling interest in the Federal Government’s planned concession of major airport terminals across the country. The company disclosed this at…

The Federal Executive Council has approved the Smart National Transport Databank Project of the Nigerian Institute of Transport Technology, Zaria, in what the institute described as a major step toward modernising Nigeria’s transport system. According to a statement issued by…

Bernstein analysts said Friday that Figure Technology Solutions’ first-quarter earnings report shows that the fintech is fast becoming a company that is unique among blockchain marketplaces.Figure’s May 11 earnings report soundly beat Wall Street estimates on both revenue and EBITDA,…

Kabiru Umar, also known as Kabiru Sokoto, who was convicted over the 2011 Christmas Day bombing linked to Boko Haram, has earned a Biology degree while serving his prison sentence, his lawyers said in one of the documents shared with…

Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be buying more of the cryptocurrency in the week ahead while also encouraging retailer shareholders to vote on a proxy measure enabling semi-monthly dividend payouts on the company’s…

The Centre for the Promotion of Private Enterprise (CPPE) has warned the Central Bank of Nigeria (CBN) against excessive monetary tightening ahead of the 305th meeting of the Monetary Policy Committee (MPC). The group cautioned that higher interest rates could…

The Bureau of Public Procurement on Sunday barred Ministries, Departments and Agencies from processing upward revisions of contract sums without first obtaining a Bureau certificate. It also issued guidelines centralising the review of all contract variations and scope modifications under…

Japan’s major brokerages are preparing to bring crypto investment trusts to retail investors, with SBI Securities and Rakuten Securities already developing products in-house, while others like Nomura plan to enter the space once regulations are finalized.SBI Securities plans to sell…

Intesa Sanpaolo, Italy’s largest bank, more than doubled its crypto exposure in the first quarter of 2026, with holdings climbing from approximately $100 million at the end of 2025 to around $235 million as of March 31.The growth was driven…

As tension in the Middle East rages on, the price of Premium Motor Spirit (petrol) reached a high of N1,413 per litre in Maiduguri, Borno State, in April 2026, according to the latest data released by the Nigerian Midstream and…

Strategy executive chairman Michael Saylor said he raised the possibility of selling Bitcoin during Strategy’s recent earnings call to protect the asset’s long-term interests.“We own about $65 billion worth of Bitcoin. If the market thought we would never sell it,…

Capital Hotel Plc, owners of the Abuja Continental Hotel, closed the 2025 financial year with a 59 per cent year-on-year increase in revenue and a 32 per cent rise in profit after tax. The company, in a statement, attributed the…