Business
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has stated that Nigeria achieved a major investment breakthrough in 2025 with the signing of 28 new field development plans, valued at $18.2bn, which carry…
Rain, a US stablecoin infrastructure provider and a principal member of the Visa payment network, has secured major funding to expand its global presence.The platform raised $250 million in a Series C funding round led by the global investment firm…
The Chairman of Dangote Industries, Aliko Dangote, through his legal representative, has filed a formal corruption petition against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, at the headquarters of the Economic and…
Developer activity linked to the privacy-focused cryptocurrency Zcash has fallen to its lowest level in years, as a governance dispute and a prolonged price decline weigh on the project’s ecosystem.Data from market intelligence company Santiment shared in a Thursday X…
The Federal Government has budgeted the sum of N1.7tn in the 2026 Appropriation Bill to settle outstanding debts owed to contractors for capital projects executed in 2024. A breakdown of the proposed 2026 national budget shows that the amount is…
A newly disclosed software flaw in the Bitcoin staking protocol Babylon may allow malicious validators to disrupt parts of the network’s consensus process, potentially slowing block production during key periods, according to developers.The vulnerability affects Babylon’s block signature scheme, known…
The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, on Monday charged officers of the Customs Intelligence Unit to place intelligence at the centre of their professional conduct. This is even as he advised that no modern security or revenue…
United States spot Bitcoin and Ether exchange-traded funds (ETFs) shed over $1 billion in combined outflows since Tuesday, marking an early-year pullback after a brief rebound to start 2026. SoSoValue data shows spot Bitcoin (BTC) ETFs recorded roughly $1.13 billion in…
In line with the consumer-focused objectives of the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators have drawn up a framework to address consumer complaints arising from unsuccessful airtime and data transactions during network…
The Federal Government, in partnership with the International Fund for Agricultural Development and the Ondo State Government, is set to empower a total of 14,800 youths in agricultural production. The programme, tagged IFAD/FG/Livelihood Improvement Family Enterprise-Niger Delta Project, will take…
The Optimism Foundation has floated a major shakeup to the dynamics of the layer 2’s OP token, proposing to allocate 50% of its Superchain revenue to regular buybacks of the asset. Optimism Grants council member Michael Vander Meiden shared the proposal…
Jigawa State has aligned with other Nigerian states to domesticate Nigeria’s tax reform laws, following the passage of the Harmonised Taxes and Levies Bill, as the country begins the implementation its new tax regime in 2026. This is coming after…
Cavista Holdings has reaffirmed its commitment to long-term investment, sustainable value creation, and community development across Nigeria and Africa as the company enters 2026. In a New Year message, Chairman of Cavista Holdings, Niyi Olajide, stated that the group would…
The massive crypto crash in October decimated market makers, ending an era where crypto traders were able to make easy money, says crypto exchange BitMEX.The crash between Oct. 10 and 11 wiped out $20 billion in the “most destructive event…
DevOps and Platform Engineer at Interswitch Group, Adedamola Ajibola, has been honoured with the Excellence in DevOps & Infrastructure Automation Professional of the Year award at the recently concluded 11th Nigeria Technology Awards 2025, held in Lagos. The award recognises…
Internet access in Iran was cut on Thursday by the government as protests spread across the Middle Eastern country, raising the question: Can its citizens still use crypto? Around seven million people, out of the country’s 92 million population, are…
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