In a stunning turnaround that has crypto enthusiasts buzzing, Bitcoin surged by over 3% in the past 24 hours to exceed $114,000 on Tuesday, September 30, 2025, shaking off an earlier weekly dip near $109,000. Keen observers of crypto volatility since the bear market started believe this rebound feels like the spark for “Uptober”, especially …
Fidelity Investments, a financial giant managing trillions, made waves in the crypto world on September 23, 2025, by offloading $276.7 million (nearly a quarter billion) in Bitcoin through its FBTC ETF. That was yesterday’s shockwave, and today, September 24, the aftershocks are still being felt. This move doesn’t seem like panic—it feels more like a …
Nigeria's foreign exchange reserves have reached a significant milestone, hitting $43.03 billion as of September 25, 2025—the highest level in six years. This was disclosed by the central bank governor, Yemi Cardoso, at the end of the Monetary Policy Committee meeting today in Abuja. This marks a substantial recovery from the low of $37.18 billion …
The crypto market has come under intense pressure after Bitcoin (BTC), the undisputed king of digital assets, crashed below $113,000 on Sunday. It also dragged Ethereum (ETH) down by over 7 per cent to $4,100 and Solana (SOL) to a grim $221. The fallout? A staggering $220 billion vaporised from the total crypto market cap, …
Oyo State has been named the most liveable state in Nigeria in the 2025 State Performance Index (pSPI), published by Phillips Consulting Limited. The report assessed all 36 states and the Federal Capital Territory (FCT) on multiple indicators of quality of life, relocation preference and governance, placing Oyo ahead of Akwa Ibom and the FCT. …
Nigeria’s recent GDP rebasing has highlighted a significant shift in its economic structure. Real estate has surpassed oil, now standing as the third-largest contributor to the Nigerian economy, replacing crude oil's historic dominance. This change reflects a broader diversification within the country's economy, with real estate now contributing a notable share alongside agriculture and the …
By Sunday Michael Ogwu Nigeria’s oil industry has experienced remarkable fluctuations over the past five years, impacted by both global events and internal challenges. From the disruptive effects of the COVID-19 pandemic in 2020 to the resurgence in 2024, the trajectory of Nigeria’s oil production offers an insightful reflection of not only domestic operational capabilities …
By Sunday Michael Ogwu Given the 575.5 million barrels produced throughout 2024, Nigeria’s oil industry could have generated an estimated $46.04 billion in revenue from crude oil sales in 2024. According to the most recent reconciled production data for the year by the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Nigeria, one of the top oil …
By Sunday Michael Ogwu Nigeria’s electricity sector may be turning a corner—at least on paper—as the Nigerian Electricity Regulatory Commission (NERC) issued a total of 243 licences, permits, and certifications over five consecutive quarters, signalling renewed private sector interest and potential for increased power generation across the country. According to World Bank statistics, 85 million …
