Business
This week, crypto analytics company CryptoQuant challenged the prevailing narrative around Michael Saylor’s Strategy, urging the company to pause Bitcoin purchases and rebuild its cash reserves. The warning came after its dividend coverage fell to…
Union Bank of Nigeria has bagged the Best SME Growth Banking Initiatives Award for 2025, reaffirming its reputation as a premier supporter of local commerce. The accolade was presented by the Association of Small Business Owners of Nigeria at the…
The T3 Financial Crime Unit, a joint initiative backed by Tether, Tron and blockchain analytics company TRM Labs, says it has helped freeze more than $450 million in assets linked to suspected criminal activity since its launch in 2024. The…
Polaris Bank has announced a strategic partnership with the Cyclotron Cycling Development Initiatives, popularly known as the Cyclotron Club, to amplify its flagship “LiveWell by Polaris” wellness initiative. The collaboration, according to the bank, unveiled on Tuesday at its headquarters…
A group of 20 victims from five countries or jurisdictions has filed a $525 million lawsuit against Fenwick & West LLP, one of Silicon Valley’s top tech law firms, accusing it of helping conceal the FTX fraud.The complaint, filed Wednesday…
Nigeria’s crude oil imports for domestic refining dropped sharply in April 2026, as the Dangote Petroleum Refinery and other local plants received approximately 18 million barrels of crude entirely from domestic sources, according to the Nigerian Midstream and Downstream Petroleum…
Crypto market analysts say increasing altcoin performance and volumes on Binance, a rising altseason index and a strengthening TOTAL2 macro structure are early signs that the market could enter an altseason in 2026. Key takeaways:Altcoin recovery signals emerge, hinting at…
The Nigeria Electricity Management Services Agency and the Niger Delta Power Holding Company have intensified efforts to curb the deployment of substandard electrical materials and installations across Nigeria’s power sector as part of moves to improve grid reliability and infrastructure…
Digital asset infrastructure company BitGo reported a wider first-quarter net loss as Bitcoin treasury mark-to-market losses and IPO-related expenses outweighed stronger client growth and a year-over-year jump in revenue.Revenue for the quarter ended March 31 was $3.8 billion, up from…
The President of the Abuja Chamber of Commerce and Industry, Emeka Obegolu, has described China’s zero-tariff policy for African countries as a major economic opportunity capable of strengthening Nigeria’s export sector, supporting industrialisation, and deepening trade relations between Africa and…
US President Donald Trump is reportedly considering pardoning 250 people to commemorate the country’s 250th birthday on July 4, according to The Wall Street Journal.An official announcement could come on June 14, Trump’s birthday, or during the Independence Day event…
The President of the Dangote Group, Alhaji Aliko Dangote, has said the group rejected requests by the Nigerian National Petroleum Company Limited to increase its 7.25 per cent stake in the Dangote Petroleum Refinery. Dangote stated this in an interview…
Bitcoin company Nakamoto saw a 500% quarter-on-quarter increase in Q1 revenue after completing two key strategic acquisitions in February aimed at expanding its footprint across the Bitcoin ecosystem. Despite recording a $238.8 million net loss, Nakamoto CEO David Bailey said Wednesday…
The Nigeria Customs Service, Apapa Area Command, has urged officers of the command to protect the reputation of the service, warning that delays in cargo clearance by any officer will not be tolerated. The command’s Public Relations Officer, Isah Sulaiman,…
Just 4% of Americans surveyed say they would weigh a political candidate’s stance on crypto policy in deciding who to vote for.Affordable housing, consumer fraud protection and lower bank fees were the top three issues respondents said they wanted Congress…
The National Inland Waterways Authority has intensified its safety awareness campaigns across Lagos waterways as part of efforts to achieve zero boat accidents and improve safety compliance among water transport users. According to a recent statement, the Lagos Area Manager…
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