Wednesday, February 4

Business

Nigeria Prizes 2026 opens with AI, poetry

The organisers of The Nigeria Prizes have announced the commencement of the 2026 competition cycle, highlighting artificial intelligence, information and communication technology, poetry, and documentary filmmaking. In a statement issued on Sunday, the organisers said…

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Interswitch’s Adedamola wins NITA DevOps award

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…

Iran Cuts Off Internet, Solutions To Still Use Crypto

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…

SBI Media drives CSR projects

SBI Media, a top advertising and marketing communications agency, has reaffirmed its ability to create meaningful impact by successfully executing TECNO’s youth and community-focused CSR project, which involved building and unveiling two state-of-the-art football pitches in Lagos State. In a…

Stablecoin Payment Flows Could Hit .6T by 2030

Stablecoin payment flows could tap $56.6 trillion by 2030, according to Bloomberg Intelligence, a rise that would make stablecoins one of the most important payment tools in global finance.Stablecoin payment flows was $2.9 trillion in 2025, according to Bloomberg. Hitting…

Free zones drive 0m exports, 20,000 jobs – FG

The Federal Government has stated that Nigeria’s Special Economic Zones generated over $500m in export revenues and created more than 20,000 direct jobs in 2025. The SEZs contributed to the country’s efforts to drive export-led growth, industrialise and provide employment.…

Bitcoin Mining’s Environmental Benefits Backed By Science

More than 56% of the Bitcoin network is now powered through sustainable means and is set to rise further as Bitcoin mining brings more green energy projects online, according to tech investor and ESG expert Daniel Batten.“Bitcoin mining could be…

Busha expands services with brand refresh

Licensed cryptocurrency exchange Busha has announced its evolution from a crypto trading platform into a full-service digital money app with a brand refresh. According to a statement from the crypto exchange, the brand refresh includes a new logo, a redesigned…

Zcash Developers Launch CashZ Wallet After Leaving ECC

Developers of privacy-focused Zcash have announced they’re already working on a new wallet for the cryptocurrency, less than a day after their high-profile exit from Electric Coin Company (ECC).“The team from the Electric Coin Company that launched Zcash, and created…

Sanctions Drive Illicit Crypto Address Flows to Record High in 2025

Ongoing sanctions against nation-states last year pushed the total value of crypto received by illicit addresses to its highest in history, as blacklisted entities sought to evade sanctions at scale.Throughout 2025, there were “unprecedented volumes associated with nation-states’ on-chain behavior,”…

Stanbic Insurance gets A, A1 ratings from Agusto

The credit rating company, Agusto & Co., has assigned a Long-Term Rating of ‘A’ and a Short-Term Rating of ‘A1’, both with a stable outlook, to Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings. This new rating was announced…

New York Reintroduces Bill Restricting Prediction Markets

New York Assemblyman Clyde Vanel has reintroduced legislation to the US state’s lower house that aims to restrict what event contracts prediction markets such as Kalshi and Polymarket can offer.Vanel resubmitted the Oversight and Regulation of Activity for Contracts Linked…

Dangote refinery, marketers fuel deal crashes as imports surge

The fuel supply arrangement between the Dangote Petroleum Refinery and 20 major petroleum marketers, under which the parties agreed to offtake 600 million litres of petrol monthly, has collapsed over pricing disagreements, The PUNCH has exclusively learnt. It was also…

Popular actress drags UNA over flight cancellation

Popular Nollywood actress and filmmaker Bolaji Ogunmola has called out United Nigeria Airlines over the alleged cancellation of her Ekiti-Lagos flight without prior notification, a situation she said disrupted her film production and caused heavy financial losses. Ogunmola took to…

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