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…

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…

The attacker behind the Verus bridge exploit has returned 4,052 Ether, worth about $8.5 million, to the project’s team wallet after Verus offered a 1,350 ETH bounty for the recovery of most of the stolen funds.The return represents about 75%…

The Federal High Court in Abuja on Thursday granted leave to Malabu Oil & Gas Limited to apply for a judicial review against the Federal Government over the alleged splitting of Oil Prospecting Licence (OPL) 245. Delivering the ruling, Justice…

As Nigeria’s construction sector continues to evolve, industry players are intensifying calls for improved material quality and modern plumbing systems. This was evident in Lagos during a recent gathering of construction professionals, where Kazeem Royal Properties and Constructions Ltd. emphasised…

The US Securities and Exchange Commission’s move to allow third parties to list tokenized stocks could risk two structural disruptions with liquidity and revenue fragmentation, according to Tiger Research.Liquidity fragmentation may occur as capital disperses from centralized exchanges across multiple…

Minister of Solid Minerals Development, Dele Alake, says the economic reforms introduced by President Bola Tinubu are beginning to reposition the country’s mining sector and attract new investments into mineral processing and local value addition. Mr Alake disclosed this in…

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…

Two of the six men accused of attempting to kidnap the wife of Sébastien Borget, the co-founder of The Sandbox, were arrested after calling an Uber to flee the scene, according to local reports. One of the attackers, disguised as a…

Shareholders of BUA Cement Plc, Nigeria’s second largest cement company, have commended the company’s outstanding financial performance for the 2025 financial year, following the approval of a N10.00 dividend per share at its 10th Annual General Meeting held in Abuja…

The Minister of Aviation and Aerospace Development, Festus Keyamo, has outlined five key priorities he believes are critical to improving connectivity across Africa, warning that the continent can no longer afford to remain one of the least connected regions in…

A liquidity imbalance in Bitcoin (BTC) is building near $80,000, with more than $4 billion in short positions vulnerable to liquidation above that level. The setup strengthened after Bitcoin defended support near $76,100 for two days and formed bullish signals…