Business
The Federal Government has drawn down $1.5bn from a $5bn financing facility arranged with the United Arab Emirates’ largest lender, First Abu Dhabi Bank, despite growing concerns from global financial institutions over the increasing use…
XRP (XRP) price is down 3.2% in the past 24 hours and 6% below its recent high of $1.50 to trade at $1.42 on Tuesday. Despite this pullback, analysts say XRP is still positioned for further gains backed by several…
CertiK says North Korea-linked hackers stole about 60% of the value lost to crypto hacks in 2025, with proceeds used to help fund the regime’s nuclear and ballistic missile programs, highlighting the country’s growing reliance on digital assets to generate…
Global cross-asset marketplace LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral to trade across its FX, metals, derivatives and crypto markets.The product allows clients to…
Fidelity Bank recorded a 45.6 per cent surge in revenue for last year, compared to 2024, as the financial institution witnessed reasonable growth across its key income streams. The lender posted gross earnings of N1.5 trillion in the period, up…
Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years.Key points:US CPI inflation reaches its highest year-on-year levels since 2023.Energy prices fuel the rise, with the…
Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated the bulk of its Bitcoin…
Istanbul, Türkiye, April 12, 2026 – Istanbul Blockchain Week, organized by Web3 marketing agency EAK Digital is set to return for its fifth edition on June 2nd-3rd, 2026, at the Hilton Bomonti Hotel. Following last year’s success, this year’s event…
Max Air has confirmed that one of its Abuja–Katsina flights made an air return to Abuja on Monday after the crew detected what the airline described as an engine-related anomaly shortly after takeoff. The development followed multiple passenger accounts shared…
Wells Fargo reported larger positions in Ether exchange-traded funds in the first quarter while reshuffling its Bitcoin ETF holdings across several products, according to its latest Securities and Exchange Commission filing.The bank said it raised its holdings in Ether (ETH)…
A new study has found that senior Nigerian policymakers with doctorate degrees are significantly more likely to rely on diverse forms of research evidence in decision-making than their counterparts without advanced academic training. The study, published in Policy Sciences, in…
Bakkt swung to a first-quarter loss as crypto services revenue fell 77%, underscoring the digital asset platform’s push to reposition itself around stablecoin payments and AI-enabled financial infrastructure.On Monday, the company reported a net loss attributable to Bakkt of $11.7…
Passengers aboard a Max Air flight from Abuja to Katsina on Monday recounted a frightening experience after the aircraft reportedly developed a technical fault shortly after takeoff, forcing the pilot to make an emergency return to Abuja. Several passengers who…
Bitcoin miner CleanSpark (CLSK) recorded a net loss of $378.3 million in its fiscal second quarter, more than doubling the $138.8 million loss reported in the same period a year ago, largely due to a sharp drop in Bitcoin’s price.On…
US authorities have unsealed an indictment against three men accused of stealing at least $6.5 million in a “violent robbery spree targeting cryptocurrency owners.”The Justice Department said in a statement Monday that a federal grand jury indicted three men for…
Crypto exchange Binance says its artificial intelligence-based security tools have helped prevent the loss of more than $10 billion worth of user funds from scams and fraud between 2025 to March 2026.Binance said in a blog post on Monday that…
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