Business
Ether treasury company Sharplink has bought Ether for the first time in eight months as the token sank to its lowest price this year on Thursday.On-chain data from Arkham shows a wallet associated with Sharplink…
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…
Abia State Governor, Alex Otti, has berated the former National Chairman of the Labour Party, Julius Abure, over the continued sale of governorship nomination forms to aspirants despite the Independent National Electoral Commission’s opposition to his leadership. A viral photograph…
The Economic and Financial Crimes Commission has asked Nigerians demanding an investigation into the N135.6m cash donation made by the senator representing Borno Central Senatorial District, Kaka Lawan, to All Progressives Congress officials in the state as Sallah gift, to…
Weeks after the Nigerian Revenue Service and the Nigerian Shippers’ Council said they would urge shipping companies and terminal operators to grant waivers to importers and their agents affected by delays linked to the implementation of the National Single Window,…
Federation oil earnings from Nigerian National Petroleum Company Limited’s Production Sharing Contract profit distribution fell by N78.71bn in March 2026, despite a strong rally in global crude oil prices during the month, an analysis of NNPC reports presented at Federation…
The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive ripple effect beyond the crypto sector itself, according to venture capital firm a16z crypto.“If the US provides builders with regulatory…
It was meant to be a normal morning of therapy, laughter, and carefully structured routines that help children with developmental challenges make sense of their world. But for eight-year-old Chinedu (not his real name), who lives with cerebral palsy and…
Investors are mispricing risk for perpetual preferred stocks, like Bitcoin treasury company Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), according to Matt Dines, the chief investment officer of credit asset management company Build Markets.The corporate issuers of…
Bitcoin treasury company Strategy announced on Friday that it will repurchase $1.5 billion in 0% convertible notes, due in 2029, retiring about half of the 2029 convertible note tranche’s total outstanding debt. Strategy entered into “privately negotiated transactions” with a…
Bitcoin (BTC) circled $78,000 on Saturday after geopolitical headwinds erased most of its May gains.Key points:Bitcoin falls below $78,000 for the first time since the start of May.Oil-supply woes combine with existing nerves over US bond markets, adding to headwinds…
The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria’s April inflation outlook points to a fragile disinflation process, noting that the conditions remain severe for households and businesses in the country. The think tank made this…
OpenAI and the Maltese government have announced a world-first partnership to roll out ChatGPT Plus to all Maltese citizens, marking the first time a government has struck such a deal with the AI company.Under the programme, citizens who complete a…
Shares in the US crypto exchange Bullish fell on Thursday after the company’s first-quarter earnings missed analysts’ top and bottom line expectations.Bullish’s adjusted revenue for the quarter ended March 31 was $92.8 million, up from $62.4 million a year ago,…
Spot Bitcoin exchange-traded funds (ETFs) recorded $1 billion in weekly net outflows, ending a six-week inflow streak that had drawn a combined $3.4 billion.The week started on a cautiously optimistic note, with Monday posting modest inflows of $27.29 million, according…
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