Author: Ogooluwa Aremu
Cardano (ADA) gained about 5% to $0.272, outperforming Bitcoin’s +2.43% gain, as Monument Bank plans to tokenise GBP250 million on Cardano.
Airtel Africa Rally Paused, Drops New Hints on Share Buyback Airtel Africa Plc’s momentum has paused following an unusual one-day rally that lifted the telecommunication company’s market value to its 52-week high. Due to thin trading activities, the telco stock had been flat at N2270 on the Nigerian Exchange until yesterday, when the company’s price surged by 10%, a rare move that boosted the local bourse’s performance. However, the telecom company’s momentum disappeared after hitting a new 12-month high of N2497 per share. Some equity analysts think Airtel Africa’s trading activities have not been impressive since its massive share buyback…
XRP Price Surges Amidst Rising Cross-Border Payments Ripple (XRP) is gaining momentum in the crypto market again as cross-border payments increased, pushing the token price to $1.44 on Wednesday. The altcoin started making an uptrend after initial selloffs. With a market cap of about $88 billion, XRP trading volume printed at $2.2 billion amid declining overall trading volume. XRP Ledger payments have recently surged, roughly doubling and pushing daily transactions into the multi-million range, even as XRP’s price response remains muted. On-chain studies show that payments now account for over half of XRPL transactions, with daily payments rising from about…
With Brent trading at $96 per barrel, oil prices declined on Wednesday, driven by easing supply concerns following US President Donald Trump’s remarks on negotiations with Iran.
U.S. Proposes 15-Point Plan to End Iran War – Reports The United States has presented a 15-point plan to end the war with Iran, media reports said on Tuesday, with Pakistan acting as an intermediary to deliver the proposal to Tehran. According to Israeli broadcaster N12, the draft includes commitments from Iran not to pursue nuclear weapons and to hand over its stockpile of enriched uranium to the International Atomic Energy Agency (IAEA). U.S. news outlet Axios, citing a source with knowledge of the matter, reported that U.S. special envoy Steve Witkoff told President Donald Trump that Iran had agreed…
The Labour Party has announced the postponement of its scheduled congresses and national convention, earlier billed to commence on Thursday, March 26, 2026.
FG, Fidelity Bank Promote Fair Practices to Boost State Economies The Federal Government on Tuesday reiterated its commitment to strengthening international collaboration, improving investment facilitation and promoting governance transparency to enhance Nigeria’s global standing. The Minister of State for Foreign Affairs, Mrs Bianca Udumegwu-Ojukwu, disclosed this in a goodwill message at a webinar hosted by Fidelity Bank Plc. The theme of the webinar is “Digital Fiscal Transparency: Unlocking Sub-national Opportunities for International Partners”. Udumegwu-Ojukwu, represented by Mr Abdulqadir Olanrewaju, Department of Economic, Trade and Investment of the ministry, said the initiatives align with President Bola Tinubu’s Renewed Hope Agenda, aimed…
2027: INEC Unveils Draft Guidelines for Political Parties Independent National Electoral Commission (INEC) on Tuesday unveiled the draft 2026 Regulations and Guidelines for Political Parties, ahead of the 2027 general elections. The INEC Chairman, Prof. Joash Amupitan, did the unveiling at the consultative meeting with leaders of political parties on the review of INEC Regulations and Guidelines for Political Parties in Abuja. Amupitan said that the review became necessary following the enactment of the Electoral Act 2026. According to him, Nigeria cannot navigate a 2027 horizon using a 2022 map. Amupitan called on political parties to take special note of…
Iran Reserves “Inalienable, Natural” Right to Defend Territory – President Iranian President Masoud Pezeshkian said on Monday that Iran reserves the “inalienable and natural” right to defend its territory. Pezeshkian made the remarks when exchanging views with Pakistani Prime Minister Shehbaz Sharif on the consequences of the “illegal” U.S.-Israeli war against Iran in a phone conversation. According to a statement published on the Iranian president’s office website, the two sides also discussed bilateral ties and the latest regional developments. Pezeshkian said Iran did not start the war, noting the U.S. and Israel launched military aggression against Iran in the middle…
Sri Lanka Issues Fuel, Energy Conservation Guidelines Amid Mideast Tensions Sri Lanka has issued guidelines to government institutions on the prudent use of fuel and energy amid possible disruptions to fuel imports caused by escalating tensions in the Middle East. The Office of the Commissioner General of Essential Services issued the guidelines to ministry secretaries, provincial and district secretaries, and heads of government and statutory institutions and called for measures to reduce fuel and electricity consumption across the public sector. Officials have been advised to avoid using individual vehicles to commute to work and instead use public transport or group…