Business
Nigeria is making significant strides in geospatial technology, a crucial tool for building smart cities and modern infrastructure across the country. The Surveyor-General of the Federation, Abdulganiyu Adebomehin, said this at a one-day workshop on…
Earlier this week, Bitcoin mining giant Hut 8 revealed a partnership that includes two members of the Trump family — Donald Jr. and Eric — and its plans to launch a new mining venture, American Bitcoin. In an exclusive interview on…
In a groundbreaking move to transform education, Anambra State has partnered with Edves, an EdTech platform, to power 22 pilot smart schools—one in each local government area with artificial intelligence. According to the statement, Governor Chukwuma Soludo’s administration is spearheading…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US economy added 228,000 jobs in March, surpassing expectations, in a sign of resilience despite the Trump administration’s sweeping cuts to…
First Digital has redeemed almost $26 million in stablecoin withdrawals after its FDUSD token briefly lost its US dollar peg following allegations of insolvency by Tron founder Justin Sun.First Digital USD (FDUSD) depegged on April 2, briefly falling as low…
The Foundation for a Better Environment has trained over 30,000 schoolchildren in environmental sustainability through its EcoSchoolsNG project, which began in 2016. Founder of the FABE Foundation and convener of the EcoSchoolsNG project, Temitope Okunnu, made this known at the…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldChina has announced tariffs of 34 per cent on all US imports in retaliation for duties unveiled by President Donald…
The new trade tariffs announced by US President Donald Trump may place added pressure on the Bitcoin mining ecosystem both domestically and globally, according to one industry executive.While the US is home to Bitcoin (BTC) mining manufacturing firms such as…
The International Trade Union Confederation has condemned the Trump administration’s new trade tariffs, warning that the policies could spark a global trade war, lead to job losses, and increase consumer prices. The tariffs, unveiled on April 2, mark an aggressive…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A flight to quality has pushed yields on 10-year Treasuries below 4 per cent for the first time since Donald Trump won…
Authorities in the US state of Massachusetts continue targeting unlawful cryptocurrency market practices, with a local court fining crypto financial services firm CLS Global.A federal court in Boston on April 2 sentenced CLS Global on criminal charges related to fraudulent…
Manufacturers are optimistic about the stability of the sector following a challenging period of unsold inventory and economic uncertainty, according to the Chairman of the Manufacturers Association of Nigeria, Ogun State Chapter, George Onafowokan. The PUNCH reported in 2024 that…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe cost of flying goods to the US has surged as businesses rush to get products into the country before…
More than $21 million worth of Bitcoin was unstaked from the Babylon protocol in the 24 hours after the platform’s token airdrop, according to blockchain data shared by a developer.On April 4, Bitfeed developer Mononaut shared that in the previous…
First City Monument Bank recorded a Profit Before Tax of N111.9 billion for the financial year ending December 31, 2024. This was confirmed in a corporate statement released through the Nigerian Exchange Limited on Thursday. The statement revealed that PBT…
Stay informed with free updatesSimply sign up to the US inflation myFT Digest — delivered directly to your inbox.US bond traders have moved to price in a burst of inflation from Donald Trump’s tariff war, piling pressure on the Federal…
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