Seplat Energy has appointed Nigerian businessman and investor Tony Elumelu as a non-executive director, following a change in the company’s ownership structure. The company also announced Olivier de Langavant’s resignation from its board, effective 22 January. Mr de Langavant joined…

The Council for the Regulation of Freight Forwarding in Nigeria has stated that many regulatory activities and policy interventions within the maritime sector do not receive adequate media attention. In a statement over the weekend, the Registrar of CRFFN, Mr…

After a period of rapid expansion, the global stablecoin market has largely stalled, signaling a consolidation phase as new regulation, liquidity constraints and higher real-world yields weigh on new issuance, according to Jimmy Xue, co-founder of quantitative yield protocol Axis.In…

The federal government has held talks with senior executives of Shell on ongoing reforms in Nigeria’s energy sector, investment opportunities, and the country’s long-term energy transition agenda. The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, disclosed this…

The Executive Secretary of the Nigerian Shippers’ Council, Dr Pius Akutah, has stated that stakeholder engagement is critical to maintaining order within the port system and ensuring that Nigeria’s ports align with global best practices, while safeguarding the interests of…

The lawsuit was filed days after the president threatened on social media to sue the banking giant for debanking him weeks after his supporters attacked the US Capitol in 2021.US President Donald Trump has filed a lawsuit in Florida state…

President Bola Tinubu has approved the gazetting of targeted, investment-linked incentives to support Shell’s proposed Bonga South West deep-offshore oil project and other similar offshore developments in the country. The development was disclosed in a statement issued Thursday by the…

A maritime research group operating under the Sea Empowerment and Research Centre has revealed that although several shipping lines maintain fully functional offices in Nigeria, they still initiate cargo release approvals from their overseas headquarters. The group added that the…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Intel stock dropped as much as 5.5 per cent Thursday after the US chipmaker gave a downbeat revenue outlook, citing “industry-wide” supply…

US exchange Nasdaq has filed a rule change with the Securities and Exchange Commission to remove limits on options tied to spot Bitcoin and Ether exchange-traded funds, in a move to align crypto ETF options with rules applied to other…

Five members of the Central Bank of Nigeria’s Monetary Policy Committee voted for a 50-basis-point reduction in the Monetary Policy Rate at the November 2025 meeting, citing sustained disinflation, stronger external buffers, and improving growth conditions. This was according to…

The Board of Mayor and Aldermen in Kingsport, Tennessee approved changes to the city’s zoning rules that could pave the way for cryptocurrency mining companies and data centers to operate locally.In a Tuesday meeting, the board unanimously approved on first…

The Nigerian equity market reversed its bullish trend on Thursday, losing ₦557 billion after two days of modest gains during the week. Market analysts said selloffs in key stocks “pushed the market into negative territory” despite earlier optimism. Stocks under…

Nigeria and Canada are set to deepen collaboration on energy sustainability as organisers announced plans for two major events aimed at promoting excellence in sustainable development across Africa. The Chief Executive Officer of Toronto-based IMPATEZ Management firm, Olalekan Ajibade, in…

Circle CEO Jeremy Allaire said the company views its dollar-pegged stablecoin as neutral financial infrastructure with network effects, rather than a product meant to compete with existing payment companies.Speaking on CNBC’s Squawk Box during the World Economic Forum at Davos, Switzerland, Allaire said Circle does not view…