Chemical and Allied Products Plc (CAP Plc), a subsidiary of UAC of Nigeria Plc, has appointed Jethro Iruobe as Executive Director, effective 25 June. In his capacity as an executive director, Mr Iruobe will participate in the formulation and execution…

Stablecore, a digital asset infrastructure provider for financial institutions, has launched an early-access program for US credit unions, a move aimed at helping smaller lenders evaluate stablecoins and other blockchain-based financial services before broader adoption. The program announced on Wednesday is…

Consensus guarantees today, focus on two properties: Consistency and Liveness. Consistency requires that all nodes eventually agree on the same set and sequence of transactions, while liveness ensures the system continues to process new transactions. What they do not address…

President Bola Tinubu has called on African countries to work together to end the exploitation of the continent’s mineral resources and ensure greater value is derived from them through local processing and industrial development. The president made the call on…

Total value locked (TVL) in decentralized finance (DeFi) has fallen by about 39% in 2026 so far, declining to just over $70 billion from roughly $115 billion in January.A Wednesday report from crypto data aggregator CryptoRank attributed the decline to…

Nigeria, on Wednesday, reaffirmed its commitment to strengthening land tenure rights and forest conservation as countries intensify efforts to halt and reverse deforestation by 2030. The Minister of Environment, Balarabe Abbas Lawal, restated the country’s position at a high-level gathering…

Crypto exchange Binance reportedly plans to seek a different route to authorization in the European Union after its licensing application in Greece encountered a setback.Speaking to Reuters, Gillian Lynch, Binance’s head of Europe and the United Kingdom, said the exchange…

Nigeria, on Wednesday, reaffirmed its commitment to strengthening land tenure rights and forest conservation as countries intensify efforts to halt and reverse deforestation by 2030. The Minister of Environment, Balarabe Abbas Lawal, restated the country’s position at a high-level gathering…

Market operator Cboe Global Markets has entered the prediction markets business with the launch of Cboe Predicts, a platform debuting with binary contracts tied to the S&P 500.The contracts are now available through Interactive Brokers and are expected to launch…

The Airline Operators of Nigeria (AON) has called on President Bola Tinubu to establish an independent committee to review taxes and charges in the aviation sector, warning that excessive levies have contributed to the collapse of several Nigerian airlines. The…

Banking giant Standard Chartered has identified Aave as a potential beneficiary of tokenized assets as they move into decentralized finance (DeFi), saying the protocol could rebuild its position as a dominant onchain lending platform.In a Wednesday research note, Geoff Kendrick,…

The Securities and Exchange Commission (SEC) has warned Nigerians and investors against participating in a purported initial public offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE, saying no application for such an offer has been submitted to or approved…

Bitcoin (BTC) is “compressed” at low levels but its classic cycles remain intact, say new research.Key points:Bitcoin is acting just like in prior cycles as it circles a key four-year trend line.Analysis says that BTC price action is currently “compressed”…

Lafarge Africa, acquired by Chinese investors from the Swiss-based Holcim Group last year, has adopted HBM Nigeria Plc as its new name. According to a regulatory filing sighted on Tuesday, the cement maker’s new name tallies with the company’s long-term…

South Korea’s financial regulator folded token securities infrastructure into a broader overhaul of the country’s capital markets, alongside plans for faster settlement, longer trading hours and greater use of artificial intelligence.On Tuesday, the Financial Services Commission (FSC) said it had…