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 association’s stance follows recent targeted…

Japan’s SBI Holdings has signed agreements to acquire full control of crypto exchange Bitbank through a 46.7 billion Japanese yen ($289 million) transaction, advancing a deal first disclosed in May that would create the country’s biggest crypto exchange.On Thursday, SBI…

Access Holdings Plc has announced the retirement of Bolaji Agbede as Executive Director, Business Support, effective 30 June, following the expiration of her term. Ms Agbede served the Access Group with distinction for over two decades, making significant contributions to…

Stakeholders in the banking and auditing sectors have called for the use of technology to strengthen the sector. These stakeholders made the call on Wednesday in Ikoyi, Lagos, during the 6th Quarterly General Meeting of the Association of Chief Audit…

Decentralized finance (DeFi) protocol Spark has deployed approximately $150 million in stablecoin liquidity across two Uniswap v4 pools on Ethereum as part of a collaboration aimed at creating shared liquidity and exchange infrastructure for stablecoin issuers.A Spark spokesperson told Cointelegraph…

The Special Adviser to the Lagos State Governor on Climate Change and Circular Economy, Titilayo Oshodi, has said the proposed deployment of 80 million green cookstoves across Nigeria could significantly improve public health, create jobs, reduce carbon emissions, and accelerate…

Stablecoin issuer Circle and Japan’s largest investment bank Nomura have reportedly partnered to enable instant foreign exchange settlement for Japanese companies as early as 2027.The service would enable companies to convert yen into dollar-denominated stablecoins for cross-border transactions and instant…

For years, discussions about small and medium-sized businesses in Nigeria have focused on access to finance. While funding remains important, money alone will not drive the next stage of SME growth. We need to look beyond funding. Entrepreneurs across Nigeria…

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 expertise are critical to economic…

Kanga, a crypto exchange founded in Poland, said it has obtained a Markets in Crypto-Assets Regulation (MiCA) license in Latvia, allowing it to provide services across the European Union in accordance with the cross-border notification procedure under the framework.SIA AlphaRoute,…

It was a sunny Wednesday in early June. Yet the persistent buzzing from the Heirs Energies gas plant in Oyigbo Local Government Area of Rivers State and the intense heat radiating from its flare stack shrouded the atmosphere in a…

The Nigerian Ports Authority has concluded plans to rally stakeholders within the Nigerian port corridor to tackle some of the challenges affecting ease of doing business. The Managing Director of the NPA, Dr Abubakar Dantsoho, while speaking during a stakeholders’…

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 analytics company TRM Labs.About 60…

The Federal Government has announced the discovery of what it described as a world-class polymetallic mineral province in Kaduna State containing deposits of platinum group metals, gold, nickel, copper, lithium and rare earth elements. The Minister of Solid Minerals Development,…

The Chairman of the House of Representatives Ad-hoc Committee investigating airport and seaport concession agreements, Kolawole Akinlayo, has explained why the panel is yet to submit its report to the House, saying it is still carrying out extensive investigations into…