Business

BoG virtual asset marketing ban shakes crypto industry

BoG Virtual Asset Marketing Ban marks a decisive shift in Ghana’s approach to cryptocurrency oversight, as the Bank of Ghana and the Securities and...

XRP drops 4 percent as network records largest realized loss spike since 2022

XRP fell roughly 4 percent over the past trading session after on chain data signaled the largest spike in realized losses on the network...

De Beers posts US$511m loss as weak global and Chinese demand hit Africa’s diamond sector

De Beers, Africa’s largest diamond miner, recorded a sharply wider loss in 2025 as subdued global demand, weaker Chinese luxury spending and rising competition...

SBI Holdings to issue 10 billion yen onchain bond offering XRP rewards to retail investors

Japan’s financial conglomerate SBI Holdings is set to issue a 10 billion yen onchain bond aimed at retail investors, sweetening the offer with rewards...

AngloGold Ashanti reports strong earnings surge amid record prices and rising reserves

AngloGold Ashanti posted a dramatic surge in full‑year profit on Friday, with headline earnings jumping 186 percent to $2.725 billion for the year ended December 2025, according...

Lucid cuts 12 percent of workforce as it pushes toward profitability

Lucid Motors has announced a significant workforce reduction, slashing approximately 12 percent of its global staff as part of an intensified bid to reach profitability...

Tesla loses bid to overturn $243 million Autopilot verdict as judge upholds jury award

Tesla has suffered a major legal setback after a judge refused to overturn a $243 million verdict tied to claims that its Autopilot system...

Binance Junior launches new features to boost family crypto savings

Global cryptocurrency exchange Binance has unveiled new features for Binance Junior, expanding the platform’s tools to help families build crypto savings habits while improving...

InScope raises US$14.5m to tackle financial reporting headaches

InScope, a startup founded by seasoned accountants with experience at companies like Flexport, Miro, Hopin and Thrive Global, has secured $14.5 million in funding...

Ghana leads the world in mobile money regulation in 2025

Ghana has once again emerged as the global leader in mobile money regulation, topping the 2025 Mobile Money Regulatory Index (MMRI) released by the...

OpenAI partners with Reliance to integrate AI search into JioHotstar

OpenAI has entered into a strategic partnership with Reliance Industries to integrate AI powered search capabilities into JioHotstar, marking a significant step in the...

Premix sector records GH¢27 million in financial irregularities

The premix fuel sector in Ghana has been thrust into the spotlight following an audit report revealing significant financial irregularities totalling approximately GH¢27.7 million,...

West African Development Bank begins comprehensive strategic planning for 2026–2030

The West African Development Bank (BOAD) has begun preparations for its 2026–2030 strategic plan, marking a new chapter in its mission to support sustainable...

Nigeria bets on digital payments to rewire global finance

Nigeria is positioning itself as a pioneer in digital finance, leveraging technology to address long-standing inefficiencies in global cross-border payments that have historically sidelined...

UAE Royal Group holds US$344m unrealized gain from bitcoin mining stash

A major investment entity linked to the United Arab Emirates(UAE) is sitting on an estimated $344 million in unrealized profit from its bitcoin mining...

Figma stock rises 15 percent as CFO highlights AI-driven growth among high-value customers

Figma, the collaborative design platform, saw its stock jump 15 percent following remarks from its Chief Financial Officer, who downplayed recent concerns about software...