Thursday, July 2

Business

FSI celebrates six years of driving Africa’s innovation

Financial Services Innovators has marked its sixth anniversary, highlighting years of fostering innovation, developing talent, and supporting startups across Africa. Since its founding in 2019, FSI has focused on bridging the gap between technology, practical skills, and enterprise growth, with…

W’Bank calls for revamp of employment schemes

The World Bank has urged governments to revamp public works programmes, saying short-term jobs are no longer enough to address unemployment and skills gaps. In its report, Innovations in Public Works: Rethinking Public Works for Jobs and Skills in a…

SEC Closed its 2023 Probe into Privacy Coin

The investigation into Zcash, launched with an SEC subpoena over a “matter of certain crypto asset offerings,” ended this week, according to the foundation.The foundation behind Zcash (ZEC) said that the US Securities and Exchange Commission (SEC) will not pursue…

Govt threatens sanctions as Lokoja-Abuja road lags

The Federal Government has expressed dissatisfaction with the pace of construction work on the Lokoja–Abuja highway, warning contractors handling sections of the critical corridor to urgently improve performance or risk sanctions. The Presidency’s Senior Special Assistant on Community Engagement, North…

Ether’s Price-Fundamentals Gap May Signal a 2026 Opportunity

Etherealize CEO Vivek Raman argues that ETH’s lagging price masks strengthening fundamentals that could reshape how the token is valued in 2026.Ether’s price performance left many investors frustrated last cycle. While other assets captured attention with faster rallies, ETH has…

Paystack launches microfinance bank

Paystack has launched a microfinance bank in Nigeria, marking a major expansion of its role from payment processing into broader financial services for businesses and individuals. The Stripe-owned Nigerian fintech disclosed the launch on Wednesday. The new entity, Paystack Microfinance…

FG unveils gold refinery, advances 0m lithium plant

The Federal Government has announced the commencement of operations at a high-purity gold refining plant in Lagos, with three additional gold refineries at different stages of development across the country and a $600m lithium processing plant in Nasarawa State ready…

Omi Eko announces communications head

The Omi Eko Project has appointed Dr Segun Alabi as its Head of Communications and Media to drive public engagement for the €410m water transport initiative in Lagos. In a statement announcing the appointment, Special Adviser on Blue Economy to…

Bitcoin Price Ignores PPI Overshoot to Hit ,000

Bitcoin price action headed to new eight-week highs, diverging from US stock markets after higher-than-expected November PPI data.Bitcoin (BTC) spiked to $97,000 at Wednesday’s Wall Street open as crypto markets shrugged off resurgent US inflation.Key points:Bitcoin reaches fresh eight-week highs,…

Cavista hackathon returns to Lagos

Cavista Technologies, a portfolio company of Cavista Holdings, has announced the return of its annual hackathon in Lagos, as it prepares to host the fourth edition of the Cavista Technologies Hackathon aimed at identifying and nurturing Nigeria’s next generation of…

Mantra Restructures, Cuts Staff After OM Token Collapse

Update Jan. 14, 2:20 pm UTC: This article has been updated to add comments from Manta CEO John Patrick Mullin.Mantra, a blockchain project focused on real-world assets (RWAs), is restructuring its operations after what its leadership described as the most…

Guinness Nigeria appoints new head of corporate communications

Guinness Nigeria has appointed Olukemi Ogunsakin as its new Head of Corporate Communications, Sustainability and Corporate Social Responsibility. The company announced the appointment on Tuesday via LinkedIn, describing Ms Ogunsakin as a communications and corporate affairs professional with more than…

Konga kicks off 2026 with discounts, free delivery

Konga is offering customers discounts across multiple product categories, including a 25 per cent price cut on Starlink internet kits alongside free nationwide delivery, as Nigeria’s composite e-commerce platform launched its first shopping campaign of 2026. The campaign, tagged Konga…

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