Thursday, July 2

Business

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…

DZ Bank Secures MiCA License for Regulated Crypto Services

DZ Bank, one of Germany’s largest banking groups by assets, secured a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), clearing a key regulatory hurdle to operate crypto services within the jurisdiction. DZ Bank announced Wednesday that it had…

Delta govt boosts MSMEs with N1billion revolving loan

Delta State Government on Tuesday released N1billion revolving loan to boost Micro, Small and Medium Enterprises (MSMEs) in the state. The News Agency of Nigeria reports that the Delta State Government’s approval of the release was consolidated with a Memorandum…

Foundation announces fresh targets at 10

The Bunmi Adedayo Foundation has marked a decade of impact in Nigeria’s education sector, announcing fresh targets to empower 10,000 teachers and reach an additional 100,000 learners nationwide, as it reflects on ten years of classroom-focused interventions. In a statement…

MultiChoice Nigeria appoints new CEO

MultiChoice Nigeria has appointed Kemi Omotosho as its new Chief Executive Officer, following the retirement of John Ugbe, the company said in a statement on Monday. The appointment will take effect from January 2026, marking a leadership transition at the…

Perp DEXs Will Eat TradFi 2026: Delphi Digital

Perpetual decentralized exchanges (DEXs) are gaining traction as traders turn to blockchain-based platforms that promise lower costs and fewer intermediaries than traditional centralized venues.Perp DEXs are blockchain-based venues for trading perpetual futures contracts, allowing traders to bet on the underlying…

FG enforces 0.5% levy on fuel wholesalers

The Federal Government has tightened regulatory pressure on fuel suppliers and their wholesale customers in the downstream petroleum sector with the enforcement of the 0.5 per cent levy on the wholesale price of petroleum products and natural gas, as provided…

Animoca Brands Acquires Somo as NFT Market Rebounds in 2026

Animoca Brands doubled down on digital collectibles by acquiring gaming and collectibles company Somo, expanding its footprint in Web3-native entertainment and adding Somo’s playable, streamable and tradable collectibles to Animoca’s portfolio of blockchain-based platforms. The company said Wednesday it plans to…

DKIPPI launches data privacy campaign

The Data & Knowledge Information Privacy Protection Initiative has launched the 11th edition of Data Privacy and Protection Month in Nigeria, underscoring the country’s growing concern over the handling of personal data. The month-long campaign coincides with the global World…

NGX gains N1.66tn as bullish momentum persists

The Nigerian Exchange Limited extended its bullish run on Tuesday as sustained buying interest in key stocks lifted total market capitalisation by N1.66tn, reinforcing positive investor sentiment in the equities market. At the close of trading, total market capitalisation rose…

Ethereum Overtakes L2s Base and Arbitrum on Active Users

Active users on the Ethereum network have overtaken major layer 2s as long-term development strategies begin to pay off.The number of active addresses on Ethereum exceeded 791,000 on Monday, higher than that of the network’s major L2 players, including Base,…

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