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Business
State Street unveils stablecoin fund as GENIUS Act reshapes reserves
State Street has launched a government money market fund tailored for stablecoin issuers as new U.S. regulations begin to define how reserve assets can be managed under the GENIUS Act. According to State Street, the newly introduced State Street Stablecoin…
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Apapa Customs intercepts ₦12.7bn Cannabis Sativa, expired drugs
The Apapa Area Command of the Nigeria Customs Service has intercepted 1.81 tonnes of Cannabis Sativa, also called Canadian Loud, alongside expired drugs worth ₦12.7 bil...
Business
Awka households lament soaring cooking gas prices, demand government’s intervention
Raphael Okafor, CEO of Ricolen Enterprise Nigeria, a cooking gas retail outlet in Awka, said he has been in the business for more than 30 years, but noted that the produc...
Business
Oil drops below $80 on US-Iran deal
Oil prices dropped below $80 a barrel Tuesday on optimism over the promised reopening of the Strait of Hormuz, easing inflation pressures on global economies. The slide a...
Business
Musk triggers wealth tax clash after net worth beats Bitcoin
Elon Musk’s net worth has briefly climbed to nearly $1.4 trillion, surpassing Bitcoin’s market value at the time after SpaceX shares reached an intraday high of about...
Business
Apapa Customs Seize Expired Drugs Worth N12.7bn, 1.8 Tonnes of Canadian Loud
The Apapa Area Command of the Nigeria Customs Service has intercepted a major shipment of illicit drugs and expired pharmaceuticals with a combined Duty Paid Value of N12...
Business
Ondo: Traders lament as hoodlums demolish shops, destroy goods worth millions of Naira
— Say, we were given 11 days By Dayo Johnson, Akure About 20 hoodlums destroyed properties worth millions of naira belonging to traders at the popular FUTA junction...