Business
The Association of Bureaux De Change Operators of Nigeria has strongly condemned terrorism financing, declaring its full support for recent domestic and international enforcement efforts aimed at safeguarding the integrity of Nigeria’s financial system. The…
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…
The Nigerian Maritime Administration and Safety Agency said it has graduated 492 advanced combat personnel and conducted the capability presentation of the Deep Blue Project Task Group. This is even as the Minister of Marine and Blue Economy, Adegboyega Oyetola,…
Key takeaways:Top traders boosted their Bitcoin long-to-short ratios, strengthening the $76,000 support floor.Macroeconomic pressures and persistent Bitcoin ETF outflows are capping immediate Bitcoin breakout potential to $82,000.Bitcoin (BTC) flirted with $78,000 on Thursday but failed to sustain its bullish momentum…
United Bank for Africa (UBA) Plc has unveiled a healthcare investment platform to mobilise diaspora capital for hospitals and medical infrastructure development in Nigeria. The bank, in a statement on Wednesday, said it introduced the initiative at the 2026 ANPA…
ExxonMobil affiliates in Nigeria, in collaboration with Junior Achievement Nigeria, have launched the third edition of the Science, Technology, Engineering, and Mathematics Africa Initiative in Abuja. The programme, organised by the ExxonMobil Foundation and Junior Achievement Nigeria, aims to build…
A political action committee (PAC) that claimed to “support candidates working to advance digital asset and blockchain policy in the United States” announced its picks for the 2026 election cycle, potentially influencing key races with money from the crypto industry.In…
BUA Cement Plc has attributed the high cost of cement in Nigeria to rising energy, transportation, and foreign exchange-related expenses, saying the industry continues to face significant production cost pressures despite recent improvements in exchange rate stability. Speaking at the…
Founder of The Discovery Centre, Mfon Ekpo, has been announced as a member of the 2026 faculty for the Elevate Africa Fellowship, a pan-African leadership programme bringing together mid-career leaders from across the continent. In a statement on Tuesday, it…
Crypto services company Blockchain.com confidentially filed for a US initial public offering (IPO), becoming the latest digital asset player to pursue a public listing as crypto firms return to equity markets.The company said it submitted a draft S-1 registration statement…
The Managing Director of the Niger Delta Power Holding Company (NDPHC), Jennifer Adighije, has announced the restoration of the 450 megawatts Alaoji Open Cycle Power Plant in Abia State. The restoration took place after it was shut down in 2023…
Electricity distribution companies have faulted the Lagos State Government’s proposed plan to phase out electricity customer band classification, warning that the move could trigger consumer unrest, worsen market distortions, and lead to blackouts if implemented prematurely. Officials of the power…
Bitcoin (BTC) focused on $77,000 on Thursday as analysis eyed a minimum 5% BTC price move.Key points:Bitcoin waits for a breakout move as it circles the $77,000 mark.Analysis sees risk in shorting price at current levels, with bears in the…
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