Billionaire Elon Musk said on Sunday that he supports major holders of the meme-based digital currency dogecoin selling most of their coins, adding that he felt too much concentration in

The chief executive officers of Robinhood, Citadel, Melvin Capital and Reddit will testify before the U.S. House Financial Services Committee on Feb. 18 on the trading turmoil in GameStop Corp

Nigeria’s Securities and Exchange Commission has reversed its earlier decision to accept Bitcoin and other cryptocurrencies as securities, suspending the approval of digital currencies and related products days after the

Nigeria’s President Muhammadu Buhari has approved the establishment of a Public-Private Partnership styled infrastructure company named Infra-Co with an initial seed capital of N1 trillion (about $2.63bn). It is envisaged

Criminals are using a small group of cryptocurrency brokers and services to launder hundreds of millions of dollars of dirty virtual money, research shared with Reuters showed on Thursday. Just

Nigeria’s federal government has expressed optimism that the implementation of the Finance Act, 2020 and Strategic Revenue Growth Initiative (SRGI) will stimulate the economic recovery process through initiatives capable of

The Organisation of Petroleum Exporting Countries (OPEC), projected Thursday that world oil demand in 2021 will rebound more slowly than previously thought but added that it will pick up in

Miami Mayor Francis Suarez proposed paying municipal workers and collecting taxes in Bitcoin, expanding a campaign to promote cryptocurrencies. The mayor wants to allow the City of Miami’s workers to

The Radisson Blu Anchorage Hotel Lagos plans a romantic crowning moment for guests looking for creative ways of expressing affection and appreciation towards each other this Valentine season. The Victoria

The Nigerian Senate has summoned the Governor of the Central Bank of Nigeria, Godwin Emefiele and the Director-General of the Security and Exchange Commission, Lamido Yuguda over the CBN’s order restraining banks and financial

PepsiCo on Thursday reported fourth-quarter earnings that topped estimates, fuelled by pandemic snacking and higher sales of drinks like Gatorade Zero and Bubly sparkling water. On the heels of the

Mastercard Incorporated has said it will offer support for customers and begin to accept cryptocurrencies on its network in 2021 as it prepares for “the future of crypto and payments”.

Uber, the ride hailing app based taxi posted a loss of about 6.8 billion dollars last year. This is better than the $8.5 billion it lost in 2019. The company

Germany’s Commerzbank said on Thursday its net loss deepened to $3.3 billion in the fourth quarter, as the lender undergoes a major restructuring and deals with the fallout of the

The United States has sold more than a million barrels of Iranian fuel seized under its sanctions programme last year, a Department of Justice official said, as another ship with

The Senate has confirmed the reappointment of Ahmed Kuru as the managing director of Asset Management Corporation of Nigeria (AMCON) for a second term in office. President Muhammadu Buhari had in

Twitter has posted record revenues for the last quarter of 2020, capping off what its chief executive said was “an extraordinary year” for the platform. The social messaging platform said

Heineken is to cut 8,000 jobs and seek €2bn of savings over two years as new chief executive Dolf van den Brink reshapes the world’s second-largest brewer in a pandemic