The founder of BUA Group, Abdul Samad Rabiu, said South African authorities denied him entry because his visa expired a day before his arrival in 2025, while Europeans were reportedly allowed into the country without visas. The business mogul disclosed…

Layer-1 blockchain developer Solayer launched a Visa-compatible payment card that allows users to spend USDC balances through in-store, online and contactless transactions.The card supports ATM withdrawals in supported regions and can be ordered through the Solayer Pay app, according to…

Jaiz Bank, Nigeria’s pioneer non-interest bank, logged a 28.4 per cent surge in net profit for last year, compared to 2024, on the back of a notable increase in revenue, its audited accounts issued on Friday showed. Revenue for the…

Bitwise Asset Management has launched a US-listed investment product tied to Hyperliquid, offering investors spot exposure to the token and staking rewards linked to the decentralized derivatives platform.The fund, trading under the ticker BHYP on the New York Stock Exchange,…

Law firm Gerstein Harrow LLP filed a new motion on Thursday in a miscellaneous enforcement lawsuit, asking the court to compel stablecoin company Tether to hand over more than $344 million in frozen USDt linked to Iranian entities.The motion claims…

First Bank of Nigeria Limited, a subsidiary of First HoldCo Plc, has appointed Julius Omodayo-Owotuga as an Executive Director of the bank, effective 13 May. The appointment was disclosed in a statement posted on NGX Group and signed by the…

Key points:Bitcoin is struggling to reach the $84,000 level, but a minor positive is that the bulls have not allowed the price to skid to the $76,000 support.Select major altcoins have turned down from their overhead resistance levels, indicating that…

The military government of Myanmar released the text of a bill aimed at combating online fraudsters, with several penalties related to cryptocurrencies and scam centers.According to the text of the Anti-Online Fraud Bill, made public on Thursday, Myanmar’s parliament, the…

President Bola Tinubu on Friday defended his administration’s economic reforms, saying the removal of fuel subsidy and other policy measures were necessary to rescue Nigeria from economic collapse and place the country on a path of long-term stability. Speaking during…

Market analysts say Ether (ETH) faces “downside risks” that could trigger another 20% downtrend toward $1,700, new analysis said.Key takeaways:Rising Ether supply on exchanges and declining ETF inflows suggested a possible ETH price drop over the coming days.Ether’s rising wedge…

Nigeria’s headline inflation rate rose to 15.69 per cent in April 2026, according to new data released on Friday by the National Bureau of Statistics (NBS), extending the upward trend in consumer prices despite a slowdown in monthly inflationary pressure.…

The Central Bank of Nigeria on Friday launched the fourth edition of its Foreign Exchange Manual, with the revised framework scheduled to take effect from June 1, 2026, as part of ongoing reforms aimed at improving transparency, liquidity and confidence…

Augustus Bank’s CEO, Ferdinand Dabitz, says legacy clearing banks cannot truly rebuild their cores for artificial intelligence and programmable money, as his startup moves closer to launching a US national bank designed around both.The Office of the Comptroller of the…

Polish lawmakers approved a government-backed bill Friday to bring the country’s crypto market under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, after President Karol Nawrocki twice vetoed earlier versions.The vote took place on Friday during the 57th sitting…

Bitcoin’s (BTC) Thursday rally to $82,000, buoyed by the Senate Banking Committee’s advancement of the CLARITY Act, has stalled amid stiff overhead resistance and weakening ETF demand. Still, analysts said that BTC’s upward momentum may increase if key conditions are…