Business
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 National Information Technology Development Agency (NITDA) has partnered with Meta to promote responsible digital citizenship and protect young Nigerians online. The Director-General of NITDA, Kashifu Inuwa, disclosed the partnership at the Youth Safety Summit organised by Meta on Thursday.…
The Nigerian Academy of Engineering has stated that a lecture organised by the academy in May revealed that less than 20 per cent of urban wastewater in Nigeria is properly managed. The President of the NAE, Prof Ramon Bello, disclosed…
Bitcoin options traders remain heavily positioned for downside protection, with both crypto-native and exchange-traded fund investors showing elevated demand for downside hedges, according to new research by Anchorage Digital’s head of research, David Lawant.The report analyzed options activity across Deribit,…
Fuel importers have confirmed receiving fresh licences from the Federal Government to import petroleum products into the country for the third quarter of 2026, The PUNCH reports. A dealer familiar with the development told The PUNCH on Wednesday that the…
Asset manager 21shares has scaled back several of its bullish forecasts for the crypto industry this year, saying institutional adoption continues to strengthen even as weak market conditions and muted retail participation have slowed the pace of growth.In its midyear…
The Rural Electrification Agency (REA) says it commissioned a 505-kilowatt peak (kWp) interconnected solar mini-grid project to provide reliable and sustainable electricity to five communities in Epe Local Government Area of Lagos State. The agency disclosed this in a statement…
Jaiz Bank Plc has said it is awaiting the approval of the Central Bank of Nigeria to roll out new financing products that will enable small and medium-scale enterprises to access loans without traditional collateral requirements. The Managing Director and…
Bitcoin (BTC) dropped below $60,000, a key psychological support, on Thursday as losses in megacap technology stocks weighed on investors’ broader risk appetite, adding pressure to an already fragile crypto market.BTC/USD vs. Nasdaq and S&P 500 daily performance chart. Source:…
Premium technology and lifestyle brand Digifon has partnered with MTN Nigeria to make its latest range of smart accessories available on the telecommunications company’s e-shop platform. According to a statement, the company unveiled the partnership during an activation at MTN…
XRP is trading just above $1, leaving the token at its weakest price level of the year, but onchain data paints a different picture. The exchange-held XRP supply continues to fall, Binance withdrawals have exceeded deposits for seven straight days, whale…
The Abuja Chamber of Commerce and Industry has announced plans for the 21st Abuja International Trade Fair, projecting over 100,000 visitors and more than 500 exhibitors as it seeks to deepen trade, investment, and business resilience amid prevailing economic challenges.…
Bitcoin (BTC) hit new 21-month lows at Thursday’s Wall Street open as high US inflation unsettled stock markets.Key points:Bitcoin returns to its lowest level since September 2024, dropping to $58,000.US PCE inflation rocks equities, with the Nasdaq 100 shedding 2%…
Persistent reliance on periodic cost-cutting measures could weaken the long-term competitiveness of organisations, according to a new report by accounting firm Kreston Pedabo. The report, titled ‘From Cost Reduction to Cost Transformation: Building a Lean, Resilient Cost Base that Drives…
Story Protocol, a layer-1 blockchain built around intellectual property licensing, is pivoting to artificial intelligence as it rebrands as the DATA Foundation.The company said Thursday that it will focus on building “essential infrastructure for training AI,” which it called “the…
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to immediately freeze all accounts and assets linked to six individuals and four Bureau de Change (BDC) operators recently designated for terrorism and terrorism-financing-related activities. In a…
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