May 30, 2025/CSL Research The Nigerian telecommunications sector is in the early stages of recovery following a sharp decline in mobile subscriptions over the past year. According to data from the Nigerian Communications Commission (NCC), the total number of active subscriptions fell by 43.43 million—a 20.07% y/y decrease—from 216.38 million […]
Author: InvestAdvocate
Providing Security is not a “Security”
May 29, 2025/US SEC Commissioner Hester M. Peirce Division of Corporation Finance’s Statement on Protocol Staking Today, the Division of Corporation Finance clarified its view that certain proof-of-stake blockchain protocol “staking” activities are not securities transactions within the scope of the federal securities laws. Proof-of-stake network protocols are designed to […]
United Capital Weekly Pan African Monitor Friday 30-May-2025
May 30, 2025/United Capital Research Anglophone West Africa (WAEMU) Nigeria Fresh $24bn borrowing may balloon Nigeria’s debt to N183tn Nigeria’s public debt is set for another significant jump as President Bola Tinubu has requested the National Assembly’s approval to secure fresh foreign loans amounting to about $24.14bn. The fresh borrowing […]
