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Business
JPMorgan sees Strategy reserve shortfall as key risk for Bitcoin investors
Michael Saylor’s Strategy has seen JPMorgan turn cautious on digital assets, with the bank warning that the company may need to rebuild its $ reserves as annual dividend obligations reach about $1.7 billion. According to a Friday report from JPMorgan…
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Troops Arrest Arms Courier, Recover Ammunition In Zamfara
Troops of the Joint Task Force (North West) “Operation FANSAN YAMMA” have arrested a suspected arms courier and recovered over 1,000 rounds of ammunition, and...
Business
Consortium of Lenders’ Rejoinder on Nestoil
"Recovery action has only just begun. Every penny owed by Nestoil will be extracted and paid back to noble lenders committed to building the economy."
Business
Wireless Service Providers Clarify Litigation With FCCPC
The Wireless Application Service Providers Association of Nigeria (WASPAN) has refuted claims in the ongoing litigation with the Federal Competition and Consumer Protecti...
Business
Lagos Reaffirms Commitment To Safe Food
Lagos State government has joined the global community to mark the 2026 World Food Safety Day. In a statement issued by the director-general, Lagos State Safety Commissio...
Business
PiggyBank’s LAB hedge backfires as USDC vault NAV drops 15%
PiggyBank closed its LAB hedge after extreme swings, with estimated NAV drawdowns of 15% for USDC, 12% for SPYx and 9% for JitoSOL accounts.
Business
New Hybrid Financing Scheme Targets Energy Costs
Daystar Power, part of the Shell Group, and Sterling Bank have expanded their strategic partnership with the introduction of a hybrid financing scheme to help Nigerian bu...