Moniepoint Inc., the Nigerian fintech and financial ecosystem company, on Monday announced a N3bn commitment to establish innovation hubs across three federal universities in a long-term push to strengthen the country’s digital talent pipeline. The initiative will see the development…

The Bank for International Settlements (BIS) released a report Wednesday on Project Agorá, an experimental prototype for cross-border wholesale payment.The BIS said the report shows how seven central banks and more than 40 regulated financial institutions can settle cross-border wholesale…

A chartered accountant and Chairman of Treal Hotels and Suites, Mr Adebayo Fagbenro, has described tourism, culture, and the hospitality industry as viable sources of revenue capable of boosting Nigeria’s Gross Domestic Product and creating sustainable employment opportunities. Fagbenro made…

The US Commodity Futures Trading Commission has asked a federal court to vacate its $5 million settlement with crypto exchange Gemini, claiming that the agency’s enforcement action was based on flawed allegations.Gemini settled with the CFTC and paid a $5…

The Federal Government has moved to address the long-standing aircraft acquisition challenges facing Nigerian airlines with plans to partner the African Development Bank on a new national aircraft leasing initiative. Minister of Aviation and Aerospace Development, Festus Keyamo, unveiled the…

Nearly half of the organizations onboarded into the crypto industry in 2026 are operating at alerting standards that would have made them industry leaders only a few years ago, according to Chainalysis.In a preview of a report published on Wednesday,…

The newly deployed Acting Area Controller in charge of the Ports & Terminal Multiservices Limited Command of the Nigeria Customs Service, Nura Ibrahim, a Deputy Controller of Customs, has promised to operate with integrity and follow due process while ensuring…

Cryptocurrency markets have shed around $80 billion in value over the past 24 hours, with losses accelerating after the US reportedly carried out a new wave of military strikes on Iran.The US ​military carried out new strikes late on Wednesday…

Cash held outside the banking system fell by N104.76bn between February and April 2026 following the Central Bank of Nigeria’s decision to lower interest rates at its first Monetary Policy Committee meeting of the year, findings by The PUNCH have…

US authorities have charged a Google employee with allegedly using information from the company to make bets on Polymarket and profit $1.2 million.The Justice Department said on Wednesday that it unsealed charges against Google software engineer Michele Spagnuolo, accusing him…

As Nigeria intensifies efforts to expand non-oil revenue and improve tax collection under its fiscal reform agenda, corporate tax contributions from major private-sector operators are becoming increasingly critical to government financing. Supporting that drive, MTN Nigeria paid N878.7bn in taxes,…

Ether (ETH) remains under pressure after failing to reclaim the $2,150 resistance level. Despite the decline, ETH’s aggregate open interest has increased by roughly 350,000 ETH, suggesting new short positions are entering the market.With more than $1.5 billion in bearish…

The Nigeria Labour Congress has criticised Nigeria’s worsening economic and security conditions, saying millions of citizens were enduring severe hardship under policies that have deepened poverty and insecurity across the country. In a Sallah message issued on Wednesday ahead of…

Crypto exchange Kraken has launched a non-custodial Bitcoin product, giving a 2.5% yearly yield, adding to the company’s yield product offerings amid a rising investor demand for crypto reward products.Kraken unveiled the product on Wednesday with the support of crypto…

The African Development Bank has appointed Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, as the African champion for its newly unveiled Integrated Aviation Transformation Programme for Africa, a $7bn initiative aimed at repositioning the continent’s aviation industry. According…