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Bitcoin tops $18,000 in debut on major bourse

Bitcoin surged past $18,000 after making its debut on a major global exchange but was trading lower on Monday, highlighting the volatility of the controversial digital currency that has some investors excited but others nervous.

Saudi king swears-in new ministers amid anti-corruption crackdown

Saudi King on Monday swore in the new head of the National Guard, replacing a royal removed in a major crackdown described as an anti-corruption drive in the oil-rich kingdom.

Cryptocurrencies’ market cap hits record $200 billion

The aggregate value of all cryptocurrencies hit a record high of over $200 billion on Wednesday, according to industry website Coinmarketcap, putting their reported market value at more than that of U.S. banking giant Citigroup.

Access Bank takes impairment on 9mobile loan

Nigeria's Access Bank said on Wednesday it had booked a 4 billion naira ($13 million) impairment on its loan to troubled telecoms firm 9mobile, formerly known as Etisalat Nigeria.

Banks move to stabilise 9mobile ahead of sale

The 9mobile creditor banks are said to be trying to stabilise the business of the troubled country’s fourth largest telecoms group, until they can find new investors, First Bank said, adding that it saw no need to impair loans made to the company, because of its cash flows.

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Cross River Assembly passes 51 bills, initiates 31 motions

The Cross River House of Assembly said it has passed 51 bills and initiated over 31 motions since its inauguration in 2015.

Woman in court over alleged child abuse

A 39-year-old woman, Ada Ananaba, who allegedly inflicted injury on an 11-year-old girl through beating, was on Monday arraigned in an Ikeja Chief Magistrates’ Court.

Antoine Griezmann, Philippe Coutinho would fit in at Barcelona – Luis Suarez

Luis Suarez says Atletico Madrid's Antoine Griezmann and Liverpool's Philippe Coutinho would be welcome at Barcelona as the Catalan club continue to be linked with both players.

Security guard gets six-month imprisonment for sleeping on duty

A Karmo Grade 1 Area Court in Abuja on Monday sentenced a security guard, Nasiru Ribado, to six months’ imprisonment for sleeping at his duty post.

Lagos Chamber slams NGO Bill

The Lagos Chamber of Commerce and Industry (LCCI) has urged the National Assembly to stop considering the Non-Governmental Organisation Regulatory Commission Bill in the interest of democracy, transparency, accountability and inclusiveness.

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INEC registers 21 new political parties

The Independent National Electoral Commission (INEC) has registered 21 new political parties, taking the number of registered parties in Nigeria to 67.

Governor Bindow appoints commission of inquiry over Numan/Demsa crises

Gov. Muhammadu Bindow of Adamawa has appointed a six-man Commission of Inquiry on the recent crises in Numan and Demsa Local Government Areas of the state.

Romelu Lukaku, Jesse Lingard strike as Manchester United beat West Brom

Goals from Romelu Lukaku and Jesse Lingard gave Manchester United a 2-1 win over West Bromwich Albion on Sunday as Jose Mourinho's men kept their faint title hopes alive.

PDP remains remains committed to democracy – Kola Ologbondiyan

The National Publicity Secretary of the Peoples Democratic Party (PDP), Mr Kola Ologbondiyan, says the party remains one big family committed to credible processes that guarantee internal democracy.

Petroleum marketers to establish refinery, oil tank field

In a bold move to halt frequent scarcity of petroleum products in the country, the Independent Petroleum Marketers’ Association of Nigeria (IPMAN), may have concluded plans to establish its own refinery and oil tank field in the country.