Strategy, the tech-focused investment firm, has made a bold move in the cryptocurrency market, acquiring $450 million worth of Bitcoin (BTC). This purchase comes as part of an ongoing strategy to increase the firm’s exposure to Bitcoin and bolster its financial portfolio. With the purchase, Strategy’s total Bitcoin holdings have now reached record highs, positioning …
In the last 24 hours, Bitcoin (BTC) has maintained a steady price, trading at $111,165, showing a modest increase of 0.76%. The leading cryptocurrency has fluctuated between $108,505 and $111,716, as it remains stable amid broader market uncertainty. Despite the fluctuations, Bitcoin's stabilisation marks an important shift that could open doors for institutional investors. However, …
The federal government has announced that Friday, September 5, 2025, will be a public holiday to mark Eid-ul-Mawlid, the birth of the Holy Prophet Muhammad. This was contained in a statement signed by the Permanent Secretary, Ministry of Interior, Dr Magdalene Ajani, on Tuesday in Abuja. According to the statement, the Minister of Interior, Dr …
Approximately N1.43 billion in interest will be returned to investors who participated in the August 2025 FGN Savings Bonds. The bonds were allotted by the Federal Government of Nigeria (FGN) through the Debt Management Office (DMO). In a publication on Monday, September 1, the DMO disclosed that the bonds attracted N3.32 billion from subscribers. The …
An Abuja-based human rights lawyer, Barrister Christopher Chidera, has dismissed any comparison between the ongoing trial of Indigenous People of Biafra (IPOB) leader Nnamdi Kanu and the conviction of Simon Ekpa in Finland. Reports on Monday indicated that a Finnish court convicted Ekpa, who styles himself as the Prime Minister of Biafra, on terrorism-related charges. …
A powerful 6.0-magnitude earthquake struck eastern Afghanistan recently, with its epicentre in Kuz Kunar District, Nangarhar Province, near the border with Khyber Pakhtunkhwa, Pakistan. The quake’s shallow depth (approximately 8 km) and violent intensity (Modified Mercalli intensity IX in the central zone) triggered severe destruction across multiple provinces, including Kunar, Nangarhar, Laghman, Nuristan, and Panjshir. According …
The Indigenous People of Biafra (IPOB) has rejected attempts to associate it with the recent conviction of Simon Ekpa in Finland. The group stressed that Ekpa has no ties to IPOB and must bear his own burden. In a statement signed by spokesperson Emma Powerful, IPOB described efforts to connect Ekpa’s activities to the movement …
Former Vice President Atiku Abubakar has faulted the outcome of Saturday’s local government elections in Rivers State, describing the exercise as “an awful absurdity” and calling on opposition parties to reject the results. The Rivers State Independent Electoral Commission (RSIEC) on Sunday declared the All Progressives Congress (APC) victorious in 20 out of 23 local …
Says He Pleaded with Tinubu to Extend Her Tenure The Federal Capital Territory (FCT) was thrown into mourning on Monday following the death of Mrs Grace Adayilo, the pioneer head of the FCT Civil Service. Minister of the FCT, Nyesom Wike, confirmed the news during a media chat with selected journalists in Abuja. According to …
Insurance stocks led the performance on the floor of the Nigerian Exchange Limited (NGX), edging out other sectors as the market gained ₦344.61 billion in the just concluded month. The performance of the sector was buoyed by investors' reaction to the newly passed NIIRA 2025. Overall stock performance A review of stock market data by …
