The Minister of Aviation and Aerospace Development, Festus Keyamo, has reiterated Nigeria’s commitment to the ideals of the Single African Air Transport Market and the African Continental Free Trade Area, stressing that enhanced air connectivity remains critical to unlocking Africa’s…

Crypto exchange Bybit has been added to the Monetary Authority of Singapore’s (MAS) Investor Alert List, a registry designed to warn consumers about entities that may be wrongly perceived as licensed or regulated by the financial watchdog. Bybit Fintech Limited and…

The Federal Government has dismissed reports suggesting it plans to introduce new taxes on telecommunications services and petroleum products, saying the claims are false and misleading. The Federal Ministry of Finance disclosed this on Wednesday in a statement signed by…

Ride-hailing and mobility platform, LagRide, has handed over vehicles to another batch of its Captains under the company’s Drive-to-Own programme, reaffirming its commitment to promoting dignified transportation and creating pathways to asset ownership for drivers in Lagos. The vehicle handover…

Stablecoin settlement infrastructure company Trace Finance has raised $32 million in a Series A funding round led by CoinFund.Coinbase Ventures, Jump Capital and Paxos were among the investors that participated in the round, the company said Wednesday in a statement…

The Minister of Aviation and Aerospace Development, Festus Keyamo, has identified access to affordable financing and fleet renewal as the biggest challenges facing Africa’s aviation industry, saying demand for air travel across the continent remains strong. Mr Keyamo spoke on…

The Nigerian Communications Commission, working with consultancy KPMG, has begun a comprehensive review of telecom interconnection pricing, the first major reassessment of the sector’s tariff framework in nearly a decade. The exercise, kicked off in Lagos at a mobile termination…

Ready, a self-custodial crypto wallet and payments company, has reportedly restricted card access for users outside the European Economic Area, according to multiple user reports.Ready has restricted USDC card functionality for users outside the European Economic Area following a change…

The Minister of Aviation and Aerospace Development, Festus Keyamo, says Nigeria’s proposed aircraft leasing company will enable airlines acquire aircraft through local arrangements and make payments in naira rather than dollars. Mr Keyamo disclosed this while speaking on the sidelines…

Financial technology firm Xpress Payment Solutions Limited has pledged to accelerate its deployment of secure, frictionless transaction platforms to meet the demands of Nigeria’s rapidly evolving cashless economy. The company, which operates under the Central Bank of Nigeria’s premium Switching…

Data infrastructure company Inveniam Capital Partners announced plans to acquire layer-1 blockchain Mantra and its affiliated entities, deepening its push into tokenized real-world assets (RWAs).The transaction follows a $20 million strategic investment made by Inveniam in Mantra in August 2025,…

Telecommunications operators and regulators are under growing pressure to address bottlenecks slowing Nigeria’s fibre broadband rollout as industry stakeholders prepare for a high-level policy forum in Lagos. The Association of Telecommunications Companies of Nigeria said the issues surrounding fibre-to-the-home deployment…

Bitcoin (BTC) showed signs of bottoming inside the $60,000–$70,000 range on Wednesday, according to onchain data shared by a quant analyst. Key takeaways:Nearly 20% of BTC supply now sits between $60,000 and $70,000, strengthening the case for a Bitcoin price…

First Bank of Nigeria Limited has crossed a significant digital lending threshold, recording a historic N1bn single-day disbursement on its flagship salary-backed digital loan product, FirstAdvance. The financial institution announced on Monday that the breakthrough underscores a sharp increase in…

China’s central bank is paying closer attention to stablecoins as privately issued digital currencies take on a potentially larger role in the international monetary system and cross-border payments.Wang Xin, director general of the Research Bureau at the People’s Bank of…