Business
JAPANMetaplanet’s executive stock pool sparks shareholder backlashJapanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool,…
MoneyGram has become a validator on the Solana blockchain, allowing the remittance company to participate directly in securing the network and processing transactions.As part of its validator operations, the company is staking Solana’s native SOL (SOL) token and processing transaction…
The Managing Director of the Federal Airports Authority of Nigeria, Olubunmi Kuku, has explained that the Federal Government’s decision to renegotiate the concession agreement for the Murtala Muhammed Airport Terminal II was aimed at restoring investor confidence, ensuring fairness and…
The second quarter of 2026 has already become the most-hacked quarter on record by incident count, with 83 exploits targeting cryptocurrency protocols, according to analysis by market insights platform Unfolded based on DefiLlama data.However, the $755.3 million stolen during the…
A heavy wave of profit-taking and technical price adjustments dragged the Nigerian Exchange Limited into negative territory during the week ended 19 June 2026, forcing a 3.59 per cent contraction in the benchmark All-Share Index to close at 235,941.27 points,…
Michael Saylor’s Strategy has expanded its Bitcoin holdings and increased its US dollar reserve after its perpetual preferred stock STRC slipped below $90.Strategy acquired 520 Bitcoin (BTC) for $34.9 million between June 15 and Sunday, according to a Monday 8-K…
Integrated energy giant, Aradel Holdings Plc, has released its unaudited consolidated financial statements for the first quarter ended 31 March 2026, showcasing an unprecedented financial performance that completely surpasses its previous records. The group’s revenue skyrocketed to a staggering N728.52bn,…
Crypto startup Fomo has raised $75 million in a Series B funding round led by venture capital firm Index Ventures, which valued the social trading and token discovery platform at $550 million.The funding round also received participation from Union Square…
The Chief Executive Officer of Mobility at Spiro, Kaushik Burman, speaks to ARINZE NWAFOR about leveraging Nigeria’s industrial policy, how to optimise local manufacturing, energy transition financing, and battery value chains, amid the firm’s $215m battery recycling investment Please provide…
Key takeaways:The Bitcoin funding rate climbed to 7%, showing confidence, but spot ETF outflows keep a $70,000 breakout on hold for now.Strong order-book bids and lower oil prices helped, but weakness across stocks, bonds, and gold signals a preference for…
The Nigerian equities market rebounded strongly at the start of the week after several consecutive sessions of losses, gaining N1.518 trillion as renewed buying interest lifted investor sentiment across the bourse. The NGX trading data on Monday shows the All-Share…
Global asset manager Franklin Templeton has completed its acquisition of crypto asset manager 250 Digital, closing a deal first announced in April and expanding its digital asset business with a new division focused on cryptocurrency investing. As part of the…
The Nigeria Employers’ Consultative Association (NECA) has welcomed the Federal Government’s issuance of the General Guidelines for the Transition and Implementation of the Tax Acts 2025, describing it as a key step in clarifying the country’s ongoing tax reform process.…
Political action committees (PACs) backed by cryptocurrency companies and aligned interest groups have bet more than $8 million to support candidates in Tuesday’s primaries across three US states, which could impact the makeup of the country’s Congress in 2027.As of…
Solana (SOL) captured 95% of all tokenized equity trading activity across blockchains last week, setting a new record with $1.29 billion in trading volume. The surge comes as SOL trades more than 75% below its all-time high near $295, leaving…
Some youths engaged in commercial motorcycle business, popularly known as okada, in Pankshin Local Government Area of Plateau State, say it has meaningfully transformed their lives. The riders, who disclosed this in separate interviews with the News Agency of Nigeria…
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