Wednesday, October 21

Business

Ecobank, BOC partner to boost Africa–China trade

The Ecobank Group has signed a memorandum of understanding with Bank of China (Mauritius) Limited to deepen cooperation in trade, payments and financial services that support economic activity between China and Africa. This was disclosed in a statement on the…

Ethereum Will Start Scaling Exponentially With ZK in 2026

2026 is a pivotal year for Ethereum. The first Ethereum validators will process tiny zero-knowledge (ZK) proofs instead of reexecuting transactions. This unlocks immediate scaling benefits for the layer 1 and sets it on the path toward 10,000 transactions per…

Shareholders back Guinea Insurance’s N15bn capital raise

The shareholders of Guinea Insurance Plc have expressed support for the plans of the company to raise additional capital. According to a statement from the firm, the approval was given at the company’s recent Extraordinary General Meeting held virtually. The…

Can Blockchain Prove What’s Real Online Versus AI?

How often have you come across an image online and wondered, “Real or AI”? Have you ever felt trapped in a reality where AI-created and human-made content blur together? Do we still need to distinguish between them?Artificial intelligence has unlocked…

Leadway to spotlight young entrepreneurs

Leadway, one of Nigeria’s top non-banking financial services and wellbeing providers, is set to hold its first-ever Leadway Lifestyle Fair, a physical engagement platform designed to give young Nigerian SMEs a more robust platform to showcase their brands, connect with…

Tokenized Commodities Near B, as Gold Extends All-Time Rally

Blockchain-based tokenized commodities are nearing the $4 billion milestone, following new all-time highs reached by the world’s leading precious metals.Gold, silver and platinum hit record highs on Friday, with spot gold rising as high as $4,530 per ounce, TradingView data…

NNPC directors’ pay soars 58% to N4.1bn

The cost of running the board and workforce of the Nigerian National Petroleum Company Limited rose sharply in 2024, with directors’ fees and expenses climbing to N4.096bn, while total spending on employee benefits surged to N749.7bn, according to the company’s…

CBN reports 6m drop in IMTOs inflows

International Money Transfer Operator inflows into Nigeria fell by 11.78 per cent in the first half of 2025 compared with the same period of last year, according to new figures from the Central Bank of Nigeria’s latest Quarterly Statistical Bulletin.…

Crypto Events That Reshaped the Industry in 2025

February: The Bybit theft recenters the market on operational risk On Feb. 24, the crypto industry faced a renewed security reckoning after about $1.4 billion was stolen from Bybit, making it one of the largest exchange-related thefts on record.US authorities…

Proton advocates empowerment of private security firms

Proton Security Services Limited has urged the Federal Government to leverage the recent withdrawal of Nigeria Police personnel from VIP protection duties to strengthen the country’s security architecture by empowering licensed private security firms. Reacting to the directive in a…

Mama Cass rebrands, returns with new offerings

Mama Cass has announced its rebranding and return to the market, offering upgraded facilities, enhanced production systems, refreshed menus and a redesigned customer experience. In a statement, the 42-year-old brand explained that it is relaunching after a period of “strategic…

Trust Wallet to Cover M Lost in Browser Extension Hack: Zhao

Trust Wallet users lost about $7 million in a Christmas Day exploit that had been planned since early December.Trust Wallet’s browser extension version 2.68 was compromised by a security incident impacting desktop users, Trust Wallet said in a Thursday X…

REDAN, Sytemap partner to digitise property transactions

The Real Estate Developers Association of Nigeria has signed a Memorandum of Understanding with Sytemap Technologies Limited, marking a major step towards making land and real estate transactions safer, more transparent, and more efficient nationwide. For millions of Nigerians, buying…

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