Latest updates in Business.
Sam Bankman-Fried has lost his appeal to overturn his 2023 fraud conviction and 25-year prison sentence, leaving the former FTX chief with fewer legal options as a separa...
By Rony Roy
Elon Musk has become the first person in history to surpass the $1 trillion net worth mark, at least on paper, after SpaceX priced its highly anticipated initial public o...
By [email protected]
Stakeholders in Nigeria’s electricity sector have called for amendments to the Electricity Act to establish special courts and dedicated taskforces for the speed...
By James Kwen
XRP has evolved from a cross-border payment tool into a mainstream global digital asset, but most holders remain in a passive mode of “long-term holding, waiting fo...
By Solomon Ojeagbase
Mr Tinubu acknowledged that the fiscal adjustments had imposed economic hardship on Nigerians but insisted they were necessary to rescue public finances from collapse and...
By Fortune Eromonsele
Velvet price has surged more than 1,400% over the past week as traders pile into the token ahead of SpaceX’s highly anticipated public debut, pushing the project into o...
By Rony Roy
OpenAI has expanded its banking footprint through a deal that will bring ChatGPT Enterprise to all 120,000 BBVA employees, up from the 11,000 staff members already using ...
By Rony Roy
The Enterprise Development Centre (EDC), Pan-Atlantic University, in partnership with the Equinix Foundation, has launched SparkLab, a one-year incubation programme desig...
By Ima Ekanem
The Nigerian Content Development and Monitoring Board (NCDMB) has trained 160 youths from Kebbi and Zamfara states in Artificial Intelligence (AI) and Data Analytics to b...
By Urowayino Jeremiah
Traders at the Kingsway home appliances market along Murtala Muhammad Way in Kano State have been thrown into distress after a late-night fire destroyed...
By Richard Ogunsile
XRP and Little Pepe highlight the trade-off between established crypto assets and higher-risk presale opportunities. Investing $1000 in the crypto market is not as simple...
By Samuel Msiska
Bitcoin rebounded near $63.4K as Iran deal hopes cooled risk-off pressure, while ETF outflows and options data kept $60K support in focus.
By Olivia Stephanie
The Organization of Petroleum Exporting Countries (OPEC) has trimmed its forecast for world oil demand growth in 2026 to 970,000 barrels per day. The review was co...
By Chika Izuora
Hong Kong has priced its largest-ever digital bond sale at around HK$12 billion (approximately $1.5 billion), extending the city’s push to bring traditional fixed-incom...
By Rony Roy
Residents urged the government to ensure prompt completion of the road projects to minimise the hardship that residents and businesses may experience during construction.
By Emmanuel Agbo
Bitget has secured registration in Argentina as a Virtual Asset Service Provider, adding another regulated market to its Latin American footprint as crypto adoption in th...
By Rony Roy
Binance will swap TON to GRAM at 1:1, remove old pairs by June 30, and open GRAM markets on July 2 as users face product deadlines.
By Olivia Stephanie
Dangote Petroleum Refinery is seeking to raise about $1 billion through a private placement that values the company at $39.1 billion. According to an Information Memorand...
By Olushola Bello
MTN Nigeria has introduced 13 artificial-intelligence-driven bots to support its SIM registration process, replacing tasks previously performed by about 200 SIM registrat...
By Olamide Ojuokaiye
Crypto Google searches rose again in June, signaling renewed retail attention as Bitcoin volatility and market fear pull users back.
By Olivia Stephanie
The Central Bank of Nigeria (CBN) has proposed strict limits on lending, guarantees, asset transfers and other intra-group exposures between banks and their affiliated co...
By Orjime Moses
The Organised Private Sector (OPS), led by the Manufacturers Association of Nigeria (MAN), has opposed plans to increase excise duties on sugar-sweetened beverages (SSBs)...
By Andrew Ojiezel
Federated Hermes has launched a new money market fund designed for stablecoin reserve management, introducing a product that can be used by payment stablecoin issuers ope...
By Rony Roy
South Korea’s tax authorities are preparing to treat tokenized stocks as securities rather than virtual assets, a move that could bring the rapidly growing sector into ...
By Rony Roy