Business
Flourish Africa, a women-focused empowerment initiative founded by Apostle Folorunsho Alakija, has rolled out N300m in grants for women entrepreneurs across the country, following a rigorous national training and business pitch process. The grant announcement…
The Federal Government and employers in the private sector may be at loggerheads over the proposed increase in the Nigeria Social Insurance Trust Fund employee compensation levy, The PUNCH reports. This is even as employers warned that any further increase…
Stay informed with free updatesSimply sign up to the Private equity myFT Digest — delivered directly to your inbox.Private equity giant Thoma Bravo is seeking to capitalise on the recent sell-off in software stocks, preparing what could be a wave…
Bitcoin (BTC) looked for cues near $90,000 on Wednesday as BTC price action hit a key target for a rebound.Key points:Bitcoin price action drops to fill a CME futures gap created at the yearly open.A modest bounce is not enough…
A Nigerian gender-safety advocacy group is shifting its campaign strategy to social media, betting on digital storytelling to draw attention to the everyday safety concerns faced by women and girls across the country. Safety For Every Girl said it has…
Decentralized finance (DeFi) protocol Aave transferred stewardship of the social infrastructure protocol Lens to Mask Network, shifting responsibility for advancing consumer-facing social applications while retaining Lens as open-source infrastructure.Statements from both Lens and Aave founder Stani Kulechov confirmed the transition.…
Sterling Bank Ltd has reiterated its commitment to health, well-being, and sustainable economic development through its participation in ‘The Art of Wellbeing’ experience, held recently at ISIMI Lagos. According to the bank on Tuesday, the curated wellness experience convened leaders…
Nansen has launched autonomous cryptocurrency trading tools that allow users to execute trades through artificial intelligence agents and natural language prompts, as the platform expands beyond analytics into transaction execution.The new feature enables users to place trades by entering conversational…
The Federal Government has disclosed plans to increase the contribution of Nigeria’s livestock sub-sector to the nation’s Gross Domestic Product from $32bn to over $74bn within the next 10 years. The Minister of Livestock Development, Idi Mukhtar Maiha, disclosed this…
Mike Novogratz’s digital asset firm Galaxy is preparing to launch a $100 million hedge fund aimed at profiting from both rising and falling crypto prices. The fund is set to launch in the first quarter and will be structured to…
The Federal Government has proposed a total allocation of N87.31bn for the Ministry of Aviation and Aerospace Development and its agencies in the 2026 Appropriation Bill, with the bulk of the funding directed towards capital expenditure. Details of the budget…
Crypto asset manager Grayscale has filed with the US Securities and Exchange Commission to convert its NEAR Protocol Trust to an exchange-traded fund.Grayscale filed a preliminary prospectus on Tuesday for the Grayscale NEAR Trust, a security that offers shares representing…
On the night of Thursday, 10 October 2024, I, alongside other aviation reporters from various media houses in Nigeria, visited the Murtala Muhammed International Airport Terminal 2, Lagos to cover the inaugural direct flight of Neos Airline to Nigeria. The…
Noble, a stablecoin blockchain, has announced it is moving from the Cosmos ecosystem to Ethereum, citing the need to access a better tech stack and wider developer community.Noble announced on Tuesday that it will be migrating its Cosmos SDK-based blockchain…
Stocks, United States long-dated Treasuries, and the dollar declined sharply on Tuesday as investors reacted to renewed trade tensions between the United States and Europe, according to Reuters. The move reversed gains seen earlier in the week, reflecting heightened market…
Crypto infrastructure company Chainlink is set to roll out support for 24/5 trading of US stocks and exchange-traded funds (ETFs), which it says could bring the $80 trillion US market on-chain.Chainlink said on Tuesday that its 24/5 US Equities Streams…
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