Business
Zest Payments Limited, a fintech subsidiary of Stanbic IBTC and part of the Standard Bank Group, has partnered Huawei Cloud to strengthen Nigeria’s digital payments infrastructure and deliver stable, scalable and compliant payment services nationwide.…
Ethereum co-founder Vitalik Buterin is urging developers to confront the protocol bloat driven by an endless push to add new features while rarely removing old ones.In a Sunday post on X, Buterin argued that true trustlessness and self-sovereignty depend less…
Qatar Airways said its aircraft operating the Lagos–Doha route returned safely to the Murtala Muhammed International Airport, Lagos, after the flight crew detected a technical issue while the plane was airborne on Friday. The airline said the aircraft, flight QR1406,…
Moving value across blockchains is now largely mediated by a small group of centralized intermediaries despite crypto’s long-standing claims of decentralization.Michael Steuer, president and chief technology officer of Casper Network, framed this dynamic as a structural outcome of the industry’s…
Nearly four out of five crypto projects that suffer a major hack never fully regain their footing, according to Mitchell Amador, CEO of Web3 security platform Immunefi. Amador told Cointelegraph that most protocols enter a state of paralysis the moment…
Four major aviation unions have issued a 14-day ultimatum to the management of the Nigerian College of Aviation Technology, Zaria, warning that failure to conclude the long-delayed review of staff Conditions of Service will result in a total withdrawal of…
Nigeria’s purchasing power has not fully recovered despite the easing of headline inflation to 15.15 per cent in December 2025, the Lagos Chamber of Commerce and Industry has said, warning that households and businesses continue to feel the lingering effects…
China-led cross-border digital currency platform mBridge has processed more than $55 billion in transactions as efforts to build payment rails that operate outside traditional dollar-based systems find momentum.Project mBridge, a multi-central bank digital currency (CBDC) platform, has now settled over…
The Federal Government has proposed to spend N6.12bn on judgement debts and related liabilities across three ministries in the proposed 2026 budget, a review of the appropriation bill shows. An analysis of the figures indicates that the total allocation for…
Economic experts have backed the International Monetary Fund’s cautionary stance on Nigeria’s reform agenda, urging the Federal Government to sustain ongoing economic reforms and avoid policy reversals, particularly as political pressures build ahead of the election cycle. They warned that…
The massive staking inflows are strengthening ETH’s supply-demand dynamic, potentially setting the stage for upward price momentum this year.The Ethereum staking validator exit queue has dropped to zero — signaling a dramatic fall in selling pressure and strengthening confidence in…
Economic analysts are questioning the Federal Government’s claim that it achieved 85 per cent of its capital expenditure in the 2024 fiscal year, citing transparency concerns, delays in contractor payments, and a lack of independent project verification. The scrutiny follows…
Solana Labs CEO Anatoly Yakovenko said he wants Solana to be a constantly evolving network, continuously updating to meet the changing needs of users, contrasting with Vitalik Buterin’s vision of Ethereum as a self-sustaining blockchain.“Solana needs to never stop iterating.…
Brian Armstrong, the CEO of crypto exchange Coinbase, denied reports that the White House is considering pulling support for the CLARITY Act, a crypto market structure bill, and also denied rumors that the administration is “furious” with Coinbase.“The White House…
Steak ‘n Shake, a fast-food restaurant chain that accepts Bitcoin (BTC) payments at its stores, announced on Friday that its BTC corporate treasury grew by $10 million in notional value.“All Bitcoin sales go into our strategic Bitcoin reserve,” the company…
Progress is being made toward establishing a Bitcoin (BTC) strategic reserve in the United States, but “obscure” legal provisions are holding up the process, according to Patrick Witt, the director of the White House Crypto Council. Several government agencies are discussing…
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