Saturday, June 27

Business

Businesses must embrace ESG for growth, NECA advises

The Nigeria Employers’ Consultative Association has urged businesses, particularly Micro, Small and Medium Enterprises, to embrace Environmental, Social and Governance principles to improve competitiveness, attract investment, and achieve long-term growth amid rising global and domestic economic pressures. The Director-General of…

Rano Air cuts operations amid fuel cost crisis

Domestic carrier Rano Air has announced the temporary suspension of some of its flight operations following the sharp increase in the price of aviation fuel, a development which operators say is placing unimaginable pressure on them. The airline, in a…

NLC demands protection for migrants in South Africa

The Nigeria Labour Congress has called on the Congress of South African Trade Unions to lead a mass educational and sensitisation campaign across South African communities and workplaces to combat xenophobia and protect migrant workers. In a letter dated May…

Ogun explains diversion of Hajj pilgrims to Lagos

The Ogun State Government has explained why a batch of intending pilgrims scheduled to depart for the 2026 Hajj from the newly inaugurated Gateway International Airport, Iperu, was moved to Lagos, insisting that the decision was not connected to any…

Zondacrypto Hit With Investor Warning by Estonia Financial Regulator

Estonia’s Financial Supervision and Resolution Authority (FSA), the country’s financial regulator, issued an investor warning for BB Trade Estonia OÜ, the company that operates the Zondacrypto digital asset exchange.The FSA said the company did not have a white paper listed…

Kraken Parent Company Applies for OCC Charter in Move Toward Banking

Latest NewsPublishedMay 8, 2026The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos.Payward, the parent company of cryptocurrency exchange Kraken, announced that it had filed an application with the…

Exodus Launches XO Cash Stablecoin for AI Agent Payments

Crypto wallet provider Exodus has launched XO Cash, a Solana-based stablecoin and software toolkit designed to let AI agents make payments and access services without directly controlling private keys.According to Friday’s announcement, the system, developed with MoonPay, allows developers to…

BTC Holders May Sell To Realize Profits Following April Rally

Bitcoin profit-taking could accelerate as BTC prices climb to three-month highs and investors begin locking in gains, according to Julio Moreno, head of research at onchain analytics platform CryptoQuant.Holders realized 14,600 BTC in profits on Monday, or $1.1 billion, following…

AGF warns that Nigeria may reject delayed World Bank loans

Nigeria’s Accountant General of the Federation, Shamseldeen Ogunjimi, has warned that the country may decline future World Bank loan arrangements if delays in approvals and disbursements continue. Mr Ogunjimi stated this in Abuja during a meeting with a World Bank…

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