Business
The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have opened a joint public consultation on whether to better align portfolio margin rules across securities and derivatives markets, seeking feedback on…
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…
Major US banks and financial market intermediaries expect the transition to a digitized financial system to start slowly, then hit a tipping point at which it accelerates, according to credit rating agency Moody’s Ratings.In a report Tuesday, the agency said…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called for urgent reforms to the global financial architecture, saying Africa continues to face structural barriers that limit access to affordable capital and long-term industrial growth. Speaking…
Energy stakeholders, regulators and industry operators are expected to converge on Lagos to explore pathways for reducing emissions in Nigeria’s oil and gas sector as the country intensifies efforts to meet its net-zero target by 2060. According to a statement,…
A Bitcoiner’s post has gone viral on X after he claimed to use Anthropic’s AI chatbot Claude to recover 5 Bitcoin worth about $320,000 that he had been unable to access for more than a decade. In an interview with MTS…
The Regional Managing Partner for EY West Africa, Anthony Oputa, has stated that business leaders across Nigeria are increasingly pivoting from broad experimentation to targeted scaling of artificial intelligence to navigate a volatile economic landscape. He noted that integrating AI…
Bitcoin (BTC) may reach $100,000 by June as Strategy’s renewed buying power and falling stablecoin dominance suggest liquidity is returning to crypto.Key takeaways:Michael Saylor’s Strategy may purchase at least 3,127 BTC this week via the sales of STRC shares.Falling crypto…
The Nigerian equities market reached an unprecedented milestone during Wednesday’s trading session as the bulls tightened their grip on the local bourse, pushing the benchmark index to a fresh all-time high. Specifically, the Nigerian Exchange All-Share Index climbed by 283.52…
Market analysts said Ether (ETH) was ready to continue its uptrend following moves by JPMorgan and BlackRock to launch tokenized funds on the Ethereum network. Key takeaways:Institutional adoption is underway as JPMorgan and BlackRock plan to launch tokenized funds on…
NEM Insurance Plc has released its audited financial results for the year ended 31 December 2025, showing strong growth in assets and revenue across its group and parent operations. At the Group level, total assets rose significantly by N61.81bn to…
Aerodrome voting opens May 28. Mainnet Launch: June 4.This quarter, AI started writing its own exploits. Tea is shipping the trust layer underneath it. Code Is Abundant. Trust Is Not.In the span of seven days, the ground beneath the software shifted…
Former Managing Director of Airtel Nigeria and Airtel Africa, Dr Segun Ogunsanya, and Group Executive Director of Rain Oil Limited, Mrs Godfrey Ogbechie, have called on Nigerians to embrace resilience, authenticity, and discipline in navigating life and career challenges. They…
Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius, will likely turn over more than $1 million as part of a forfeiture order by US authorities ahead of his sentencing hearing.In a Tuesday court filing, US…
Recurring collapses of Nigeria’s national grid have remained one of the most persistent challenges in the country’s electricity sector, often plunging homes, businesses and industries into darkness and sparking widespread public frustration, DARE OLAWIN reports As concerns continue to mount…
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