Paystack has launched a microfinance bank in Nigeria, marking a major expansion of its role from payment processing into broader financial services for businesses and individuals. The Stripe-owned Nigerian fintech disclosed the launch on Wednesday. The new entity, Paystack Microfinance…

The Federal Government has announced the commencement of operations at a high-purity gold refining plant in Lagos, with three additional gold refineries at different stages of development across the country and a $600m lithium processing plant in Nasarawa State ready…

DASH price surged as capital rotated into privacy coins, with traders shifting away from Zcash after its governance turmoil.Key takeaways:Dash (DASH) emerged as one of the best crypto market performers this week, with its price rallying 125% to reach $79.60…

The Omi Eko Project has appointed Dr Segun Alabi as its Head of Communications and Media to drive public engagement for the €410m water transport initiative in Lagos. In a statement announcing the appointment, Special Adviser on Blue Economy to…

Bitcoin price action headed to new eight-week highs, diverging from US stock markets after higher-than-expected November PPI data.Bitcoin (BTC) spiked to $97,000 at Wednesday’s Wall Street open as crypto markets shrugged off resurgent US inflation.Key points:Bitcoin reaches fresh eight-week highs,…

Cavista Technologies, a portfolio company of Cavista Holdings, has announced the return of its annual hackathon in Lagos, as it prepares to host the fourth edition of the Cavista Technologies Hackathon aimed at identifying and nurturing Nigeria’s next generation of…

Update Jan. 14, 2:20 pm UTC: This article has been updated to add comments from Manta CEO John Patrick Mullin.Mantra, a blockchain project focused on real-world assets (RWAs), is restructuring its operations after what its leadership described as the most…

Guinness Nigeria has appointed Olukemi Ogunsakin as its new Head of Corporate Communications, Sustainability and Corporate Social Responsibility. The company announced the appointment on Tuesday via LinkedIn, describing Ms Ogunsakin as a communications and corporate affairs professional with more than…

Konga is offering customers discounts across multiple product categories, including a 25 per cent price cut on Starlink internet kits alongside free nationwide delivery, as Nigeria’s composite e-commerce platform launched its first shopping campaign of 2026. The campaign, tagged Konga…

DZ Bank, one of Germany’s largest banking groups by assets, secured a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), clearing a key regulatory hurdle to operate crypto services within the jurisdiction. DZ Bank announced Wednesday that it had…

Delta State Government on Tuesday released N1billion revolving loan to boost Micro, Small and Medium Enterprises (MSMEs) in the state. The News Agency of Nigeria reports that the Delta State Government’s approval of the release was consolidated with a Memorandum…

The Bunmi Adedayo Foundation has marked a decade of impact in Nigeria’s education sector, announcing fresh targets to empower 10,000 teachers and reach an additional 100,000 learners nationwide, as it reflects on ten years of classroom-focused interventions. In a statement…

Tokenized gold emerged as one of crypto’s fastest-growing asset classes in 2025, accounting for roughly a quarter of all net growth in real-world assets (RWAs).The market capitalization of tokenized gold jumped 177% over the past year, while the number of…

Seplat Energy Plc has revealed more details of Heirs Energies Limited’s acquisition of a 20.07 per cent holding in the oil and gas company. Heirs Energies, which is chaired by Tony Elumelu, the Chairperson of Transcorp Group and United Bank…

MultiChoice Nigeria has appointed Kemi Omotosho as its new Chief Executive Officer, following the retirement of John Ugbe, the company said in a statement on Monday. The appointment will take effect from January 2026, marking a leadership transition at the…