NAFDAC has raised a red flag over a deadly counterfeit drug, Rosprazole (Rabeprazole Injection) 20mg, illegally imported into Nigeria by Rostrec Pharmacy, falsely labeled and dangerously misleading, the fake injection poses life-threatening risks to unsuspecting patients. Here’s what you must know about the fake product.
President Donald Trump has signed a proclamation banning nationals from 12 countries—including Libya, Chad, Iran, and Yemen—from entering the U.S., citing terrorism risks and security vetting failures.
It was 8:32 AM when my plane touched down in Lisbon. I had just flown in from Lagos for a 5-day fintech conference. Jet-lagged, hungry, and holding back a yawn, I did what most travelers do—reached for my phone. No service. Normally, I’d panic. I’ve done the SIM swap dance before: hunting for a kiosk, … Read more
There are several ways government agencies or private organizations check whether a business or company is compliant. One of them is through the Company Information Sheet (CIS). What is CIS? The Company Information Sheet (CIS) is not only used to verify if a business is still active or operational, but it also serves as a form of … Read more
Do you know that you can lose a multi-million naira or dollar contract simply by failing to file annual returns? Organizations abroad take business records seriously before signing any contract. Filing annual returns for your company or business is not only a way to generate revenue for the government, but it is also proof of … Read more
Blockchain technology has revolutionized the gaming industry. Blockchain game development companies have created new opportunities with innovative models like play-to-earn (P2E) games, which reward users with NFTs and cryptocurrency. Web3 gaming is transforming entertainment into a source of income. The blockchain gaming market is projected to reach around $65.7 billion by 2027. In 2025, several … Read more
Fixed Deposits (FDs) have been one of the safest and most predictable investment options for a long time. An FD is usually the default option for individuals who want stable returns and minimal risk. Many investors do not know that even basic investments such as fixed deposits need planning. One of the most common mistakes … Read more
For the first time since February, Bitcoin surged past $100,000 on Thursday and was trading above $103K at the time of publication 21:30, according to CoinMarketCap live price chart The new price is significant considering how it rose from April lows of $75,000 due to the volatile economic and tax war declared by the president of … Read more
Barely a year after awarding a $100,000 grant to BTCPay, Tether, the largest company in the digital asset industry, has again extended another $100,000 to the BTCPay Server Foundation. Recall that Tether first awarded $100K to BTCPay on April 2, 2024. Today, Thursday, May 8, 2025, the company announced another $100K grant, bringing the total to … Read more
Foreign exchange markets move fast, with different currencies traded in various ways to meet the needs of businesses, investors, and individuals. It represents the biggest financial market in the world because of its speed and simplicity, aided by the method called spot transaction. This article explains what a spot sale is, how it functions in … Read more
Spot purchase happens when you buy something and pay for it immediately, receiving the item right away or within a very short time. The transaction happens right “on the spot”.
Tether announced in a statement on Wednesday, April 30, 2025, that it has acquired a 70% controlling stake in Adecoagro, a leading agro-industrial and sustainable production company in South America. Tether revealed that discussions about the acquisition began in September 2024 with a $100 million investment for a 9.8% stake, signalling the company’s interest in … Read more
Aisha Adole Achimugu is a popular name in Nigeria’s corridors of power, particularly in the oil and gas sector. But she became known to the majority of Nigerians on January 22, 2024, when she marked her 50th birthday in the Caribbean island of Grenada. She logged at the Caribbean island’s resort that reportedly costs $150,000 per … Read more
Tether, a global stablecoin firm, has published its first official attestation report for the first quarter of 2025 and disclosed that Tether Gold (XAU₮) has witnessed astronomical growth, with more than 7.7 tons of physical gold backing the XAU₮ in circulation. In its independent auditor’s report, the company says that apart from XAU₮ being regulated … Read more
One of the six Crypto Bridge Exchange (CBEX) promoters, Adefowora Abiodun, has voluntarily turned himself in to the Economic and Financial Crimes Commission (EFCC). CBEX, which described itself as a cryptocurrency trading platform, vanished after allegedly defrauding investors of over $1 billion, amounting to more than a million naira from individuals who were lured by … Read more