Author: Julius Alagbe

Bitcoin (BTC) climbed by 1bout 100 basis points to $67.5k as investor optimism improved after Standard Chartered predicted the world’s largest digital asset could reach $500,000 in 2030.

The National Drug Law Enforcement Agency (NDLEA) has dismantled a drug trafficking syndicate in high stakes intelligence led operations that lasted three weeks.

XRP Tanks on Profit-Taking Amidst Ripple Decentralised ID Target XRP price dived to $1.30 on Sunday amid profit-taking amid Ripple’s decentralised identity (ID) target. The token underperforms a slightly weaker broader market, primarily driven by renewed institutional selling pressure. ETF outflows are breaking a positive streak, signalling institutional selling pressure, with data showing trading volume of $1 billion over the past 24 hours, 4% higher than the day before. XRP-linked exchange-traded funds recorded a net weekly outflow of $3.56 million, marking the first withdrawal in April and breaking a two-week streak of inflows. This shift indicates intensified selling pressure from…

Yusuf Lauds Tinubu’s Leadership, Urges 2027 Re-Election Support Gov. Abba Kabir Yusuf of Kano State has described President Bola Tinubu as a committed leader delivering the dividends of democracy nationwide, calling on residents to back his re-election in 2027. Addressing a large crowd at the Government House on Saturday, Yusuf said Tinubu has made notable progress in strengthening the national economy and expanding critical infrastructure despite limited federal resources. “The President has been doing his best for this country; he has strengthened the economy and is ensuring that infrastructure reaches all zones within the resources available to the Federal Government,”…

Ethereum (ETH) price has been stable around $2050 over the past 24h, underperforming a nearly flat Bitcoin, primarily due to derivatives pressure from nearby liquidation zones.

XMR Price Dips on High Bitcoin Dominance, Altcoin Rotation Monero (XMR) price dipped by 3% to $317.09 over the past 24h, underperforming a slightly positive broader market, primarily driven by sector-wide altcoin outflows as capital consolidates into Bitcoin. High Bitcoin dominance and pressure from altcoin rotation, with BTC’s 58% market share drawing capital away from smaller altcoins like Monero. If XMR holds above the $310 support, it may consolidate between $310–$330; a break below could trigger a test of the $300 psychological level. Watch for a shift in the CMC Altcoin Season Index, currently at 38, signalling a risk-off tilt.…

The 330 Kilo (kV) West African Power Pool (WAPP) North Core Interconnection project is almost completed to enhance regional power supply and integration.

CBN Inaugurates Payments Committee to Boost Digital Economy The Central Bank of Nigeria (CBN) has inaugurated a Payments Service Providers’ Committee to strengthen coordination, address challenges and sustain growth in digital payments. Dr Abdullahi Sani, CBN Deputy Governor (Economic Policy), said the committee unites licensed providers and key regulators at its inaugural Lagos meeting. Sani said Nigeria’s digital payments landscape had recorded remarkable expansion in recent years, reflecting growing adoption across sectors. “In 2024 alone, over 11.2 billion electronic transactions valued above N1.07 quadrillion were processed,” he said. He noted this marked the first time transactions exceeded the quadrillion-naira threshold,…

Ecobank Nigeria, a member of Africa’s leading pan-African banking group, has reaffirmed its commitment to providing customers with seamless and uninterrupted banking services throughout the Easter public holidays.

Ripple (XRP) price climbed slightly, trading at $1.32 during early morning on Saturday, as the crypto market remains tight.  XRP has gained about 2%, though trading volume remained depressed 1% to $2 billion.