Blog
Wall Street and Crypto Clash Over Payments and Tokenized Assets
The line between traditional finance and crypto is blurring, as firms like Binance and major Canadian banks explore tokenized assets and stablecoins. This week's Crypto Biz highlights the competition for control in payments and asset management.
CBN Surpasses Q3 Target with N8.14 Trillion in Treasury Bills Auctions
The Central Bank of Nigeria raised N8.14 trillion in Treasury Bills auctions, exceeding its Q3 target by 40.34%. The surge was driven by high demand for 364-day bills, even as interest rates declined towards the end of the quarter.
Quickmart Leverages Supplier Relationships to Fuel Growth Without Bank Loans
Quickmart supermarket chain is utilizing favorable supplier terms to stock its stores, successfully bypassing traditional bank financing for working capital needs.
SlowMist Investigates iPhone Safari Attack; No Confirmed Crypto Theft Yet
SlowMist is investigating a recent iPhone Safari attack that could expose crypto keys, but has yet to confirm any theft. Users are urged to update their iOS for security.
CoinMarketCap Acquires CoinGlass to Enhance Crypto Derivatives Insights
CoinMarketCap has acquired CoinGlass, a crypto derivatives data platform, to enhance its offerings. CoinGlass will maintain its brand and operations, providing users with valuable insights into leveraged trading across major exchanges.
CBN Sees 40 Million Nigerians with Disabilities as Key Fintech Opportunity
The Central Bank of Nigeria has identified 40 million Nigerians with disabilities as an untapped market for fintech solutions, urging companies to innovate and address their unique financial needs.
IBIT Options Show Calm After Bitcoin's Recent Rebound
IBIT options are reflecting lower expected volatility following Bitcoin's recent price surge, according to Saxo Bank. The implied volatility is near its 12-month low, suggesting traders anticipate calmer conditions ahead.
Seplat and Aradel Energy Drive Bullish Momentum in Nigeria's Stock Market
Investor enthusiasm for Seplat Energy and Aradel Holdings is surging, fueled by rising crude oil prices and strong earnings, boosting the Nigerian stock market's performance.
Nigeria’s IGR Hits N5.15 Trillion in 2025, Led by Lagos, Rivers, and Enugu
Nigeria's subnational governments generated N5.15 trillion in Internally Generated Revenue (IGR) in 2025, a 40.93% increase from 2024, with Lagos, Rivers, and Enugu accounting for nearly 50.6% of the total.
Magic Eden Vulnerability: 3,832 NFTs Safeguarded by Whitehat Intervention
A whitehat operation has secured 3,832 NFTs amid concerns over a vulnerability at Magic Eden. Yuga Labs' 0xQuit assured holders that the assets are safe and will be returned once the risk subsides.
Presco and Okomu Oil: Nigeria's Top Stock Performers with 62x and 42x Returns
Investing in Presco and Okomu Oil a decade ago would have yielded remarkable returns of 62x and 42x, respectively, highlighting their dominance in Nigeria's palm oil sector.
KelpDAO Files Lawsuit Against LayerZero Over $292M rsETH Bridge Exploit
KelpDAO has sued LayerZero and its CEO for allegedly contributing to a $292 million exploit of its rsETH bridge. LayerZero's CEO dismissed the lawsuit as meritless, escalating a dispute over responsibility for the attack.