Tuesday, October 13

Business

SEC boss urges African market collaboration

The Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama, has called for enhanced collaboration among African markets to ensure stronger interconnection within the continent and the development of new products. He spoke on Monday in Abuja during the…

Chainlink Joins Banks to Develop Stablecoin FX Settlement

Chainlink has joined a working group with European and South Korean banking organizations to explore the use of stablecoins for foreign exchange (FX) settlement, underscoring how blockchain technology is increasingly being tested to modernize legacy financial infrastructure.On Tuesday, Chainlink announced…

Deap Capital rebrands to CMFC, eyes mining overhaul

Deap Capital Management & Trust Plc has formally completed its corporate name change to Critical Minerals Financing Corp Plc, marking a significant milestone in the company’s strategic evolution into a specialised mining, metals, commodities finance and investment group. The completion…

Will BTC Price Hold Above K for Much Longer?

Bitcoin (BTC) has dropped over 8% from its June high near $67,255, putting the $60,000 support level back in focus.BTC/USD daily chart. Source: TradingViewKey takeaways:The SpaceX-led tech market rout is pushing Bitcoin price toward the $60,000 support.A decisive breakdown below…

EU Committee Advances Digital Euro CBDC Bill After Vote

The creation of an EU-issued digital euro moved a step closer Tuesday after a key European Parliament committee vote.The EP’s Economic and Monetary Affairs Committee (ECON) approved its position on the digital euro package with a 43–14 vote, according to…

Pathway Advisors opens  N5bn corporate bond offer

Pathway Advisors Limited, a leading issuing house and financial advisory firm, has announced the opening of Dimension Data SPV Funding Plc’s Series 1 Corporate Bond issuance of up to N5bn for public subscription. The bond issuance, Pathway said on Monday,…

Kalshi Adds India to Growing List of Restricted Jurisdictions

Prediction market Kalshi has added India to its list of restricted jurisdictions, according to a members’ agreement document updated on Wednesday.The document now lists a total of 55 restricted jurisdictions whose residents are blocked from accessing the platform.India’s Ministry of…

Oil asset protection linked to production recovery

Improved protection of oil infrastructure in the Niger Delta has coincided with lower conflict levels and rising crude output, drawing attention to security’s role in economic recovery, DARE OLAWIN writes Recent security and oil sector data have highlighted a link…

NLNG Train 7 programme graduates 70 professionals

Nigeria LNG Limited has announced that 70 young professionals have graduated from its Train 7 Project Human Capacity Development Basic Training Programme. The company said the beneficiaries completed an intensive one-year programme in Data Analysis and Supply Chain Management. NLNG…

Binance’s Yi He Warns of Alleged Scammer, CoinUp Denies Ties

Binance co-founder Yi He has warned against an alleged scammer and impersonator, prompting the crypto derivatives trading platform CoinUp to issue a statement distancing itself from the individual.Binance’s He took to X on Monday to warn against the individual referred…

HBM Nigeria targets growth after corporate rebranding

Lafarge Africa Plc has officially changed its corporate identity and name to HBM Nigeria Plc, marking a new phase in the company’s operations following changes in its shareholder structure. The company said in a statement on Monday the transition reflects…

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