Dashboard

Financial News

Why Nigeria still misses out on oil booms
businessday95d ago

Why Nigeria still misses out on oil booms

As geopolitical tensions in the Middle East intensify, particularly around Iran and its strategic waterways, global oil markets have once read more Why Nigeria still misses out on oil booms

#ECONOMY
24-hour economy success hinges on power cost – GNCCI CEO
thebftonline95d ago

24-hour economy success hinges on power cost – GNCCI CEO

...complains high tariffs continue to undermine industry competitiveness By Kingsley Webora TANKEH Electricity tariffs have surged by over 28.2 percent cumulatively since January 2025, increasing production costs for the manufacturing sector. This, according to industry experts, threatens the viability of government’s 24-hour economy initiative. In an exclusive interview with Business and Financial Times (B&FT), the [...] The post 24-hour economy success hinges on power cost – GNCCI CEO appeared first on The Business & Financial Times .

#ECONOMY
Tim Cook on iPhone’s Future: ‘There’s So Much Left That We Can Do’
startupnews95d ago

Tim Cook on iPhone’s Future: ‘There’s So Much Left That We Can Do’

In an interview with Nikias Molina at New York’s Grand Central Terminal last week, Apple’s CEO Tim Cook briefly commented on the future of the iPhone. “There’s so much left that we can do with the iPhone,” said Cook. “I think it’s going to continue to be the center of people’s digital lives.” While this [...]

#TECH
cenlanow95d ago

Watch live: Powell gives remarks as Federal Reserve keeps rates steady amid Iran conflict

Federal Reserve Chair Jerome Powell will give remarks Wednesday afternoon after the nation's central bank decided to hold interest rates steady amid evolving impacts on the economy sparked by President Trump's military operation in Iran. The Federal Open Market Committee (FOMC), the panel of bank officials responsible for setting borrowing costs, maintained its baseline interest [...]

#ECONOMY
google95d ago

Citizen Marks 50 Years of Solar with Japanese Paper Dial - SJX Watches

Citizen Marks 50 Years of Solar with Japanese Paper Dial SJX Watches Introducing: The Citizen Eco-Drive 50th Anniversary Edition Monochrome Watches Introducing Citizen's New 'Photon' Celebrates 50 Years of Eco-Drive With An Attractive Physics Demonstration Hodinkee New and Reviewed: The Citizen Eco-Drive 50th Anniversary Edition : Deployant : New Release: The Citizen Eco-Drive Photon Celebrates 50 Years Of Light-Powered Watches aBlogtoWatch

#TECH
Sen. Lummis Predicts Crypto Market Structure Markup In April, Senate Passage By Year-End
newsbtc95d ago

Sen. Lummis Predicts Crypto Market Structure Markup In April, Senate Passage By Year-End

Momentum has picked up on Capitol Hill this week as lawmakers and industry leaders converged at the DC Blockchain Summit, where Senator Cynthia Lummis said she expects the long‐delayed Senate Banking Committee markup on the crypto market‐structure bill (CLARITY Act) to be scheduled for late April. Breakthrough On DeFi And Stablecoin Yield Senator Lummis told attendees she is confident the committee will approve the crypto market structure bill and that the full Senate could pass the legislation by the end of the year. “We’re gonna have this thing done come hell or high water by the end of the year.” She added that a Banking GOP markup is likely in the second half of April after the Easter recess. “We think we’ve got it,” she claimed at the event. Related Reading: This Week Could Be The Most Volatile For Bitcoin In 2026, Top Expert Warns Stablecoin yield has been one of the thorniest issues slowing talks; bank lobbyists have argued that such yield could effectively resemble deposit interest and threaten deposit accounts. Lummis said negotiators have drafted language to block crypto platforms from marketing or delivering rewards in ways that sound like traditional deposit yield or that scale with the amount of assets a user holds. “Anything that sounds like banking product terminology will not appear,” she said, noting she had not seen the most recent text but that Coinbase CEO Brian Armstrong had signaled willingness to compromise. Senators Fast‐Track Crypto Bill Lummis also said negotiators believe they have resolved outstanding questions around decentralized finance. “We think we’ve got the DeFi issue put to bed,” she said, reflecting industry and legislative efforts to clarify how peer‐to‐peer (P2P) and protocol‐level services should be regulated. The senator used social media to underscore the political moment, stating that there has “never been a more pro‐digital asset administration in United States history than @POTUS,” and urging colleagues to seize what she described as a unique opportunity to finalize crypto market‐structure reform. Related Reading: Citigroup Lowers 12-Month Bitcoin Price Forecast To $112,000, ETH To $3,175—Here’s The Reason Reporting from Crypto in America added further signs of progress. Journalist Eleanor Terrett relayed comments from Senate Banking Committee Chairman Tim Scott, who told the summit he expected to have “the first proposal” on stablecoin yield by the end of the week. Chair Scott credited Senators Angela Alsobrooks and Thom Tillis, along with Patrick Witt, executive director of the White House Crypto Council, for helping advance negotiations between the two financial sectors. Importantly, Scott also said the committee is making headway on decentralized finance (DeFi), ethics, and quorum issues, and that some Democratic concerns are being addressed by proposing minority‐party representation at the SEC and CFTC — a concession aimed at broadening bipartisan support. Featured image from OpenArt, chart from TradingView.com

#TECH#CRYPTO
Coinbase IRS Lawsuit Dismissed: Court Rejects User’s Bid to Block Tax Data Summons
bitcoinworld95d ago

Coinbase IRS Lawsuit Dismissed: Court Rejects User’s Bid to Block Tax Data Summons

BitcoinWorld Coinbase IRS Lawsuit Dismissed: Court Rejects User’s Bid to Block Tax Data Summons A federal court in California has delivered a significant ruling that dismissed a Coinbase user’s lawsuit seeking to block the Internal Revenue Service from obtaining their cryptocurrency transaction records. This decision marks another chapter in the ongoing tension between cryptocurrency investors and tax authorities, particularly as regulatory scrutiny intensifies across digital asset markets. The court’s [...] This post Coinbase IRS Lawsuit Dismissed: Court Rejects User’s Bid to Block Tax Data Summons first appeared on BitcoinWorld .

#CRYPTO
Why tiny atomic clocks may hold the key to China mass-producing cheap swarm drones
scmp95d ago

Why tiny atomic clocks may hold the key to China mass-producing cheap swarm drones

Timing is everything in modern warfare, where even a nanosecond’s delay can make the difference between hitting or missing a target in a coordinated drone or missile attack. China may now have taken a major step forward in this field with the mass production of the world’s smallest atomic clock – something the researchers behind it say could transform drone warfare, underwater navigation and battlefield communication. Developed by a research team led by Professor Chen Jiehua from Wuhan...

#TECH
economictimes_indiatimes95d ago

Rs 7 lakh cr wiped out! Sensex plunges 1,900 pts, Nifty below 23,200; oil surge among 6 factors behind today’s D-St crash

Indian stock markets experienced a sharp crash on Thursday morning. The Sensex plunged over 1,900 points and Nifty 50 fell below 23,200. Soaring crude oil prices and hawkish comments from the US Federal Reserve were key factors. This selloff wiped out significant market capitalization. Major companies saw substantial losses. Sectoral indices also opened in the red.

#STOCKS