Wednesday, October 21

Business

Firm supports students with laptops for digital learning

In fulfillment of its corporate social responsibility, Branch NG, one of Nigeria’s leading digital financial services companies, has donated laptops, personal healthcare items, and educational materials to students of Sceptre Comprehensive College, Alapere, Lagos. Speaking on the initiative, the Managing…

Insecurity, ‘ponmo’ demand drive N173bn leather trade deficit

Nigeria experienced a leather trade deficit of N173bn in the first six months of 2025, despite having a significant livestock population. Stakeholders suggest that factors such as insecurity and the prevalent consumption of ponmo (cooked cow skin) have contributed to…

Hageman Video Fuels Senate Chatter as Lummis Leaves Wyoming Seat Open

Wyoming Representative Harriet Hageman fueled speculation about a 2026 Senate run after posting a cryptic video days after Senator Cynthia Lummis announced she will not seek reelection. ​The five-second clip shows the congresswoman alongside a single-word caption: “Soon.” It breaks…

REA pushes higher mini-grid cap for private investment

The Managing Director of the Rural Electrification Agency, Abba Aliyu, has identified restrictive regulations and financing constraints as major challenges slowing efforts to electrify rural communities, saying the agency is pushing for legal adjustments to unlock large-scale private investment. Aliyu,…

Ether ETFs Reverse Outflows as XRP Extends Inflow Streak

Spot Ether exchange-traded funds (ETFs) in the US recorded $84.6 million in net inflows on Monday, breaking a seven-day outflow streak in one of the biggest single-day reversals this month. The shift came after over $700 million exited spot Ether (ETH)…

Dangote Cement rolls out empowerment programmes in Gboko

Dangote Cement Plc, Gboko Plant, has rolled out a comprehensive social programme aimed at driving sustainable economic empowerment in its host communities. Speaking on Monday at a ceremony in Gboko, the Head of Social Performance of Dangote Cement Plc, Gboko…

Bybit to Restrict Services for Japanese Residents Starting in 2026

Bybit will begin phasing out services for residents of Japan from 2026, introducing gradual account restrictions as it moves to comply with the country’s regulatory requirements, the cryptocurrency exchange said on Monday.The exchange said users classified as Japanese residents will…

Naira gains against dollar at official market

The Naira opened the trading week on Monday on a stronger note, appreciating against the dollar at the official market to trade at N1,456.56. The News Agency of Nigeria reports that, according to data released on the website of the…

NiDCC eyes bn diaspora remittance with investment platforms

The Nigerians in Diaspora Chamber of Commerce has introduced investment platforms targeted at Nigerians in the diaspora. The Chamber, according to a statement, formally launched eight prospective projects on Monday in Lagos at an event themed ‘The People, the Business,…

Bitmine Surpasses 4M ETH Holdings After M Buy

Ethereum treasury company Bitmine has hit a key milestone after its Ether stash surpassed 4 million tokens this week following the firm’s latest $40 million purchase.Bitmine said on Monday that its holdings now sit at over 4.06 million Ether (ETH),…

Don appointed FirstBank Samuel Asabia Ethics Chair

FirstBank has announced Professor Kenneth Amaeshi as the first occupier of the FirstBank Samuel Asabia Professorial Chair of Business Ethics at the University of Lagos. The announcement was made in a statement on Monday. The FirstBank Samuel Asabia Professorial Chair…

Crypto Blue Chips to Win in 2026, Says CoinEx Analyst

The typical altcoin rally is likely to wane next year, with only “blue chip” cryptocurrencies seeing the lion’s share of liquidity, says CoinEx Research chief analyst Jeff Ko.“Retail investors expecting a rising tide to lift all boats will be disappointed,”…

NEM Group honours outstanding staff, retirees

The NEM Group has recognised outstanding staff and retirees at its 2025 end-of-year celebration at the Group’s head office in Lagos. The celebration brought together representatives of NEM Insurance Plc, NEM Asset Management Limited and NEM Health Limited. Speaking at…

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