Business
Wallets with identifiable links to sanctioned Iranian entities have moved over $3.84 billion through cryptocurrency exchange CoinEx since 2019, making it one of the main channels used to bypass US economic sanctions, according to blockchain…
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…
Elon Musk’s rocket and satellite company SpaceX is planning a $75 billion IPO in June, which could make it the largest near-term public listing with a major Bitcoin treasury. Key takeaways:A Nasdaq 100 fast entry could expand Bitcoin exposure among…
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…
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…
The Director General of the Budget Office of the Federation, Tanimu Yakubu, has defended the foreign engagement strategy of President Bola Tinubu, describing recent criticisms by the former Anambra State Governor, Peter Obi, as a “populist simplification” of Nigeria’s economic…
Fresh concerns have emerged over the proposed sale of a 40 per cent stake in the Amukpe–Escravos Pipeline, with calls on the Federal Government to halt the process. This comes amid growing concerns over the asset’s valuation and the possible…
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…
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…
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…
Bitcoin (BTC) faced familiar selling pressure on Friday as US stock markets began setting fresh record highs.Key points:Bitcoin and crypto markets diverge from US stocks, with the Dow Jones pushing into price discovery at the Wall Street open.Analysis sees further…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has accused Dangote Petroleum Refinery of attempting to monopolise Nigeria’s fuel market through a lawsuit challenging import licences granted to rival marketers. In court documents, the state oil company argued that granting…
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…
The chair of the US House of Representatives’ Oversight and Government Reform Committee sent letters to the CEOs of Kalshi and Polymarket, questioning the companies’ response to incidents of insider trading on the platform.In a Friday X post, Committee Chair…
The federal government has launched GovGuideNigeria, an AI-powered platform designed to make access to government information simpler, faster, and more inclusive for every Nigerian. The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, disclosed the launch on his X…
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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