In what has been described as an endorsement of Nigeria’s growing automotive manufacturing sector, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has conducted an extensive tour of Elizade JAC Autoland’s facilities in Lagos, including the company’s headquarters…

The US Federal Reserve is requesting public input on its proposed “payment account,” dubbed a “skinny master account” which fintechs and crypto firms are drawn to as it would allow access to the central bank without needing the typical approvals. “These…

Dangote Petroleum Refinery has commenced nationwide sales of Premium Motor Spirit (petrol) at a pump price of N739 per litre across all MRS Oil Nigeria Plc filling stations, marking a significant milestone in the refinery’s mission to deliver affordable fuel…

Finance platforms racing to add prediction markets are doing so at the cost of accelerated “casino-like” user churn, says venture capital firm Inversion Capital founder and CEO, Santiago Roel Santos.Santos argued in a blog post on Saturday that while he…

The Federal Government is considering modernising 50 per cent of Nigeria’s operational textile capacity with state-of-the-art equipment within five years as part of a broader revitalisation agenda. This follows a recent report by The PUNCH that textile imports rose to…

Africa Law Practice International Group (ALPi Group), a Pan-African corporate and commercial law firm, has announced the opening of a new office in Luanda, Angola, marking its first entry into a Lusophone African jurisdiction and a major milestone in its…

The highly-anticipated Uniswap protocol fee switch, dubbed “UNIfication,” is set to pass and go live later this week, having reached the 40 million vote threshold needed to trigger one of the biggest upgrades in the decentralized exchange protocol’s seven-year history.As…

The Federal Government has announced plans to tap into Nigeria’s largely informal vehicle recycling market, projecting annual revenues of over N150bn from 2026, as part of sweeping reforms to modernise the country’s automotive industry. The National Automotive Design and Development…

Tokenization will transform the financial industry faster than digital technology disrupted legacy media, such as print newspapers, physical copies of music and other analog formats, according to Keith Grossman, president of crypto payments company MoonPay.“While many feared digitization would destroy…

Migrating Bitcoin (BTC) to post-quantum standards will take at least 5-10 years, according to Bitcoin core developer and co-founder of crypto custody company Casa, Jameson Lopp, who weighed in on the ongoing quantum computer debate.Lopp agreed with Adam Back, the…

The Federal Competition and Consumer Protection Commission has clarified that increases in transport fares during the yuletide period are not unlawful in themselves, warning, however, that exploitative or unfair practices by road transport operators will attract regulatory sanctions. The clarification…

Klarna, a Swedish fintech company known for its “Buy Now, Pay Later” (BNPL) service, has partnered with crypto exchange Coinbase to add stablecoins to its institutional funding toolkit.Under the arrangement, the global payments and digital banking firm plans to raise…

Crypto activity in Brazil expanded sharply in 2025, with total transaction volume climbing 43% year over year as average investment per user crossed the $1,000 mark, according to a new report from crypto platform Mercado Bitcoin.The report, titled “Raio-X do…

US lawmakers have introduced a discussion draft that would ease the tax burden on everyday crypto users by exempting small stablecoin transactions from capital gains taxes and offering a new deferral option for staking and mining rewards.The proposal, introduced by…

The Transmission Company of Nigeria (TCN) on Saturday said it has removed illegal structures encroaching on its transmission line Right of Way (RoW) in some areas of Enugu State. The company said that the removal of the structure was part…