Thursday, June 25

Business

ipNX highlights risks of poor AI adoption

Technology company, ipNX Nigeria, has warned industries against excessive dependence on artificial intelligence without first putting in place reliable systems, quality data, and sustainable digital infrastructure. The caution was given during the 2026 edition of the IoT West Africa Conference…

Customs tackles airport clearance delays with new system

In a move aimed at tackling clearance delays and improving passenger clearance compliance, the Nigeria Customs Service has officially launched the Simplified Customs Advanced Declaration System at the International Wing of the Nnamdi Azikiwe International Airport, Abuja. The National Public…

MARA Spent .3M on CEO Security as Crypto Attacks Rise

Bitcoin miner MARA Holdings spent $4.3 million on personal security for CEO Fred Thiel in 2025, including $430,780 to armor a vehicle, as crypto companies respond to rising physical attacks on industry executives and investors.MARA, the seventh-largest Bitcoin mining company…

Bitcoin Sell Off Poses Risk To Nascent Altcoin Season

Key points:Bitcoin has dipped below $77,000, signaling that the bears are poised to seize control.Altcoins are a mixed bag, with some attempting to push through the overhead resistance while others struggle to hold on to the support.Bitcoin (BTC) has dipped…

FCCPC seals Ochacho Real Estate, TI’Bilon Construction offices

The Federal Competition and Consumer Protection Commission (FCCPC) has sealed the business premises of Ochacho Real Estate and TI’Bilon Construction and Facility Management Company in Abuja over alleged non-compliance with regulatory directives and consumer complaints. The enforcement action, carried out…

Regional ports adopting global best practices – Oyetola

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has reiterated the commitment of the ports in the West and Central African region to position themselves to respond effectively to the evolving demands of global trade and logistics. Oyetola stated…

NIMASA partners hydrographic agency on maritime safety

As part of efforts to advance maritime safety in Nigeria, the Nigerian Maritime Administration and Safety Agency said it will collaborate with the National Hydrographic Agency to explore avenues to enhance the use and patronage of locally developed nautical charts…

Nigeria handles 70% of regional cargo, says NPA

The Managing Director of the Nigerian Ports Authority, Dr Abubakar Dantsoho, has stated that Nigeria accounts for more than 70 per cent of all cargo arriving in the West and Central African sub-region. Dantsoho disclosed this on Wednesday in Lagos…

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