A latest report by BudgIT has shown that Lagos and Ogun states accounted for half of the average Internally Generated Revenue (IGR) from the 36 states in Nigeria over the last decade. The report released on Tuesday, October 28, put the two states' average IGR at ₦643.21 billion, approximately. It revealed that the average IGR …
The outcomes of key events taking place this week will determine the direction and performance of the global stock and crypto markets in the fourth quarter of the year. This is in terms of rates, liquidity, earnings, and global trade - four forces that decide how money moves in the market. The Federal Reserve (FED) …
Bitcoin’s $116K Blast: October’s Epic Crypto Revival Is Here! That heavy dread from this month’s biggest crypto shakeup is melting away. Bitcoin just rocketed nearly 4% in the past 24 hours, hitting a jaw-dropping $116,031 peak on October 21, 2025, before settling below $115,000, a stunning comeback from its October 10 tumble to $98,000, when …
The crypto world got its plot twist at 08:04 AM WAT on October 27, 2025, following the presidential pardon granted by the United States President, Donald Trump, to the Binance founder, Changpeng Zhao (CZ), who served four months for anti-money laundering violations. Observers say the development feels like a Hollywood redemption arc with real-world stakes. …
Wall Street’s Ethereum bet goes Big: BitMine immersion buys $252 million in ETH, boosting 2.7% of the total supply! BitMine Immersion Technologies, the Ethereum treasury powerhouse chaired by Fundstrat’s Tom Lee, scooped up 63,539 ETH worth $251.6 million from Kraken and BitGo, pushing its holdings to 3.24 million tokens or 2.7% of Ethereum’s circulating …
SpaceX’s Sudden Bitcoin Shuffle: $268 Million Moved to Dormant Wallets—“Internal Reorg” or Bigger Play? SpaceX, Elon Musk’s rocket powerhouse, executed a stealthy transfer of 2,395 Bitcoin worth $268 million at a time into two long-dormant wallet addresses, its first significant on-chain BTC activity in three months. As a crypto enthusiast who’s followed Musk’s crypto whims …
Despite reforms aimed at improving the commercial viability of the Nigerian electricity market, the sector continues to reel under the burden of subsidy obligations incurred by the federal government. Pinnacle Daily’s analysis of the Nigerian Electricity Regulatory Commission’s quarterly reports reveals that the federal government has incurred an electricity subsidy obligation of approximately ₦3 trillion …
The crypto crash over the weekend wasn’t just a price plunge, but also a platform betrayal that left traders screaming and locked out at 10:03 PM WAT on October 10, 2025. President Trump’s tariff tweet sparked a $19 billion liquidation storm, but Binance and Coinbase turned it into a farce with delays, $3,000 spreads on …
TRON’s blockchain recorded $1.1 billion in stablecoin inflows over the past week, while PLASMA, launched just last month with Tether’s backing, lost a staggering $996 million in the same period, reflecting a seismic shift in the crypto world on October 11, 2025. This clash highlights TRON’s dominance with low fees and USDT/USDC support for remittances …
The crypto market didn’t just stumble; it collapsed in a frenzy that liquidated $19 billion in positions and affected 1.6 million traders, marking the largest event in its history. At 10:03 PM WAT on October 10, 2025, President Trump’s Truth Social post announcing 100% tariffs on Chinese goods starting November 1 ignited the chaos: Bitcoin …
