Sunday, June 28

Business

Power crisis: Stakeholders push renewable energy

Fresh insights into global developments in the renewable energy sector formed the focal point of the recent stakeholder engagement in Ibadan, the Oyo State capital. The insights were shared at a training, organised and facilitated by Nexgen Energy Hub, Ibadan,…

Linux Copy Fail: ‘A Trivially Exploitable Bug’

A newly discovered vulnerability could affect most open-source major Linux distributions released since 2017, according to security researchers. The flaw, titled “Copy Fail,” caught the attention of the US Cybersecurity and Infrastructure Agency (CISA), who added it to the Known Exploited…

Bitget partners firm to connect Web3 learners with jobs

Bitget and Bondex are in partnership to connect Web3 learners with global jobs as “a bridge the industry’s been missing”. Ignacio Palomera, Co-Founder of Bondex, said in a statement on Tuesday, “Most young people trying to break into Web3 hit…

Fashola honours insurance exco at book launch

Former Lagos State Governor Babatunde Fashola, SAN, was among the prominent Nigerians who on Tuesday gathered at the Nigerian Institute of International Affairs Auditorium, Lagos, to honour the memory of late insurance executive and education advocate Olawale Banmore during a…

Capital, trust, tech to drive SME growth – Regent MfB CEO

The Managing Director of Regent Microfinance Bank, Idris Olugbesan, has emphasised that the future of Small and Medium-scale Enterprises in Nigeria will depend largely on three critical factors, including access to capital, trust within the financial ecosystem, and the strategic…

US Senate Bans Members, Staff from Prediction Markets

The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive information, from using prediction markets.The resolution, passed by unanimous consent, changed the Senate’s rules and took immediate effect. “Engaging in any…

Firms renew pact to drive women empowerment

AXA Mansard Insurance Plc has announced the renewal of its strategic partnership with the fintech platform. Herconomy, signalling a deepened commitment to fostering financial inclusion and accelerating economic growth for women across Nigeria. The collaboration will see the leading insurer…

Mining Stocks Outperform Bitcoin in 2026 Amid AI Pivot

Publicly traded crypto mining companies are posting strong gains in 2026, even as the broader crypto market remains under pressure.All ten of the largest publicly traded mining stocks are in positive territory year-to-date (YTD), with gains ranging from around 5%…

East Africa attracts .1bn investment amid reforms

East Africa has successfully attracted US$4.1bn in investments between 2021 and 2025, a milestone attributed to aggressive capital market reforms and foreign exchange liberalisation across the region. The data was unveiled at the ongoing 22nd Annual AVCA Conference & VC…

RWA Tokenization Boom Drives 420% Market Cap Surge

The size of the tokenized real-world asset (RWA) market has increased by more than 420% since the start of 2025, as investors were treated to easier market access and regulatory clarity, according to analysts. The RWA market cap was about…

NEPC boss ties export future to female entrepreneurs

Nigeria’s ambition to expand its footprint in global trade may depend heavily on women entrepreneurs, the Executive Director and Chief Executive Officer of the Nigerian Export Promotion Council, Nonye Ayeni, has said. Ayeni stated this in Abuja on Tuesday during…

Firms return to profit despite policy shifts – Report

The Independent Media and Policy Initiative has said recent economic reforms have coincided with improved revenue performance among companies in Nigeria’s real sector. In a policy brief signed by its Chairman, Omoniyi Akinsiju, the group stated that firms in productive…

A16z Backs CFTC in Fight Against State Prediction Market Bans

A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket.The venture capital heavyweight submitted the letter on…

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