Business
Former Nigerian Chapter President of the African Shipowners Association, Captain Ladi Olubowale, has described Nigerian seafarers as more than just participants in the maritime industry, stressing that they are strategic national assets whose skills and…
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…
NEAR Protocol (NEAR) displayed strength on Friday, rising 34% over the last 24 hours to $2.32, leading artificial intelligence-based tokens in a rally fueled by NEAR’s network upgrades and NVIDIA’s bullish revenue forecast. NEAR is trading 50% higher than its price…
The Federal High Court in Abuja on Friday, issued an order permanently restraining a company, eNaira Payment Solutions Ltd, from parading itself as the registered proprietor of the trademark, “eNaira.” In his judgement, Judge James Omotosho also granted a counter-claim…
Maritime leaders, port authorities, shipping companies, logistics operators, and technology innovators across Africa are set to participate in the upcoming Global Aviation, Maritime and Mobility Access and Tech Summit 2026, a continental summit focused on transport integration, connectivity, and trade…
Institutional adoption continued to reshape the digital asset market this week, even as geopolitical tensions reminded investors that crypto remains sensitive to broader macro conditions.Digital asset funds suffered more than $1 billion in outflows as traders reduced risk exposure amid…
Eterna Plc has announced a reshuffle of its leadership setup after appointing Jude Nwaulune as the Managing Director/Chief Executive Officer of the Company, effective from 14 May. The company also announced the retirement of Phoebean Ifeadi as Executive Director, Corporate…
The World Bank Group has unveiled an ambitious financial plan to mobilise about $23bn in private capital for Africa through a massive scaling up of its risk mitigation instruments over the next four years. According to a statement issued by…
Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), is working with crypto exchange OKX to launch trading of oil-linked perpetual futures.OKX said Friday it plans to introduce perpetual futures based on ICE’s Brent crude and West…
Mutual Benefits Assurance reported on Friday a 45 per cent increase in net profit for the 2025 financial year, receiving a major boost from its insurance business. Shares in the insurer had gone up by 9.5 per cent on Lagos’…
The Chairman of SIFAX Group, Taiwo Afolabi, has asserted that African countries must deliberately dismantle economic borders and foster larger corporate entities if the continent is to achieve meaningful, long-term economic independence and competitiveness on the global stage. Speaking on…
XRP Ledger has seen a spike in new addresses over the last 24 hours, but overhead resistance at $1.40 kept the XRP (XRP) price in check.Key takeaways:XRP Ledger added 4,300 new wallets in 24 hours, marking the fourth-largest growth spike…
Wireless operator Airtel Africa kicked off a share repurchase programme on Friday, aiming to buy back up to 1 per cent of its issued share capital as part of plans to return cash to shareholders. The move is a major…
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