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Crypto wallet market to hit $48.27bn by 2030

Crypto wallet market to hit $48.27bn by 2030

The cryptocurrency wallet market will reach $48.27 billion by 2030, according to research from Researchand- Markets.com. In a new report, the firm also predicted that the cryptocurrency wallet market will grow at a compound annual…

All-Share Index erodes gains, down 0.49%

Nigerian equities yesterday erased most of previous day’s gains as the benchmark index shed 0.49 per cent to close at 51,448.53 points. The market’s loss was primarily driven by the decline in telco heavyweight, AIRTELAFRI…

Prudential returns compliance level boosted by 96%

The Securities and Exchange Commission said it had continued to employ its compliance tool to ensure that only fit and proper capital market operators practice in the market. This, the Commission said, had resulted to…

Ella Lakes outperforms Nigeria’s average soybeans production

Ellah Lakes Plc has signed a seed production and technical support agreement between Adani Staple Crop Processing Zone Food Company Limited, a subsidiary of Ellah Lakes, and International Institute for Tropical Agriculture (“IITA”) on a…

Operators face insurance, loan predicaments over 1m TEUs

Barge Operators Association of Nigeria (BOAN) are currently facing challenges to secure loan to acquire new vessels to ferry containers from mother ports to the various terminals. Also, the Nigerian Ports Authority had said that…

Stakeholders hold night of tributes for former PCC chairman

Stakeholders in the maritime industry have decided to hold night of tributes for a former Chairman, Nigerian Ports Consultative Council (NPCC), Otunba Kunle Folarin. Folarin died on November 8, 2022, few weeks to his 82nd…

Sahara Foundation partners LSETF, Wecyclers to promote environmental sustainability

Sahara Foundation and Lagos State Employment Trust Fund (LSETF) have announced a strategic partnership geared towards rolling out a series of recycling exchange hubs across 12 local government areas in Lagos state. According to a…

GTB UK reaches settlement with FCA on historical AML controls

GTB UK reaches settlement with FCA on historical AML controls

Guaranty Trust Bank UK Limited (GTBank UK) has reached settlement with the FCA, accepting findings in relation to historical Anti-Money Laundering (AML) controls in its operations in the period October 2014 to July 2019. A…

Disney boss calls for workers to return to office

Disney boss calls for workers to return to office

      Disney’s boss has called on employees who are currently working from home to start going into the office for four days a week from the start of March. Chief executive Bob Iger…

UK space launch ends in failure

UK space launch ends in failure

      The first ever satellite mission launched from UK soil has ended in failure. A jumbo jet operated by the American Virgin Orbit company carried a rocket out of Newquay, Cornwall, to release…