Friday, July 3

Business

PenCom shifts pension recapitalisation deadline to June 2027

The National Pension Commission has moved the pension industry recapitalisation deadline to June 2027, extending it from December 2026. This was disclosed by the Director-General of PenCom, Ms Omolola Oloworaran, during the 2025 PenCom Media Conference on Thursday in Lagos,…

FirstBank, Guinness, Sweden back AFRIMA 2026

The Lagos State Government, First Bank of Nigeria, Guinness Nigeria, The Address Homes, the Government of Sweden, Gobet247, and several other major organisations have pledged strong support for the 9th edition of the All Africa Music Awards, scheduled to take…

Indigo gets recognition

Integrated Indigo Limited, one of Nigeria’s leading public relations and strategic communications agencies, delivered an outstanding performance at the 2025 Lagos Public Relations Industry Gala and Awards, LAPRIGA, where it swept five awards across different categories, including the coveted Model…

REA, Huawei conduct solar power safety test

In a major step towards improving safety standards in Nigeria’s fast-growing solar power sector, the Rural Electrification Agency, in partnership with Huawei Technologies Nigeria Limited, has conducted the country’s first authoritative Arc Fault Circuit Interrupter function test for photovoltaic inverters.…

Michael Saylor’s Bitcoin thesis: money or commodity?

Satoshi Nakamoto’s Bitcoin white paper envisioned a “peer-to-peer electronic cash system,” but Bitcoin’s biggest proponent seems to have an entirely different view of its purpose.Strategy executive chairman Michael Saylor, whose company has been buying Bitcoin aggressively for nearly five years…

NEPAD recommits to Africa’s trade growth

The NEPAD Business Group Nigeria has reaffirmed its commitment to advancing a private sector–led economic transformation for Nigeria and the African continent, with a strong focus on unlocking opportunities under the African Continental Free Trade Area. This position was articulated…

Polish Parliament Approves Revived Crypto Bill, Heads to Senate

The Sejm, the lower house of Poland’s legislature, has again passed a bill that could impose restrictions on the cryptocurrency market, following the country’s president’s veto of an earlier attempt.In a Thursday vote, Polish lawmakers voted 241 for and 183…

FAO, Lagos, urge investment in meat, coconut

The Food and Agriculture Organization of the United Nations, in collaboration with the Federal Ministry of Agriculture and Food Security and the Lagos State Ministry of Agriculture and Food Systems, has called for increased private sector investment in the red…

ECB Hands EU a Pro-Privacy CBDC Design: Will It Survive?

The European Central Bank plans to allow blockchain-based settlement in central bank money next year and is preparing to issue a digital euro, but its privacy safeguards will ultimately depend on approval from EU lawmakers.ECB executive board member Piero Cipollone…

Turn challenges into opportunities, expert charges African entrepreneurs

A business analyst, Adewale Adebawo, has charged African entrepreneurs to turn challenges into opportunities, noting that ideas can emerge from difficult economic terrains. At the Business Verge Awards, a leading platform celebrating innovation and excellence across Africa’s business and technology…

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