Shell pays $5.34bn to FG in 2024, highest globally
Shell Plc paid $5.34 billion to the Nigerian government in 2024, making it the largest payment the company made to any government globally that year, despite its ongoing divestment from
Quantum computing offers rare opportunity to reshape humanity – Expert
The CEO of Global Quantum Intelligence LLM, André M. König, has said that quantum computing is not
Business
Reforms position Nigeria as emerging investment hub – Envoy
Nigeria’s ongoing economic reforms are positioning the country as a prime destination for foreign investment, according to the British Envoy, Richard Montgomery. Speaking at a press briefing
Mamuda Beverages invests $50m in new industrial facility in Ogun
Mamuda Group Nigeria Limited, via its subsidiary Mamuda Beverages, is investing $50 million in a new industrial
Banking
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Oil and gas
Crypto
Hackers bribed our staff to access customer data – Coinbase
Coinbase, a leading cryptocurrency exchange, disclosed on Thursday that cybercriminals bribed overseas customer support agents to steal sensitive customer data,
Dubai govt enters partnership to accept crypto payments for services
Dubai’s Department of Finance has partnered with Crypto.com to enable residents to pay government service fees using cryptocurrencies. This collaboration
Bitcoin reclaims $100,000 milestone on renewed trade agreement optimism
Bitcoin soared to its highest level since February on Thursday, breaking above the $100,000 mark for the first time in
Mastercard adopts digital assets with new stablecoin payment option
Mastercard has officially integrated stablecoin settlement support, allowing users and merchants to conduct transactions using stablecoins like USDC. This move
Startup
API startup Thepeer shuts down, returns capital to investors
The Nigeria-based API startup, Thepeer, which raised a $2.1 million seed round in June 2022, has announced the closure of
Nigerian payment startup, Zone raises $8.5 million in seed funding
Payment infrastructure company, Zone, has raised $8.5 million in an oversubscribed seed funding round led by VC firms Flourish Ventures
Israeli startup Vesttoo names Ami Barlev as interim CEO
Israeli fintech company, Vesttoo, has announced the appointment of Ami Barlev as interim CEO, stepping in for Yaniv Bertele, who
Kenyan startup FarmWorks secures $4m pre-series A funding
Fast-rising agritech startup in Kenya, FarmWorks, has successfully closed a remarkable $4 million Pre-Series A funding round to bolster its
Finnair launches world’s first ‘Native Order’ system with Amadeus technology
Finnair has made aviation history by becoming the first airline globally to implement a ‘Native Order’ system, a
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API startup Thepeer shuts down, returns capital to investors
The Nigeria-based API startup, Thepeer, which raised a $2.1 million seed round in June 2022, has announced the closure of
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