Abiola

Lekki Port Operations Threatened as Traffic Gridlock Worsens

Operations around Nigeria’s Lekki Deep Seaport are facing growing pressure as worsening traffic congestion along the Lekki-Epe corridor continues to disrupt the movement of trucks and other vehicles serving the port. Stakeholders operating around the Lekki port axis say the persistent gridlock is beginning to affect cargo evacuation and could further undermine port operations if…

UK FCA Publishes Crypto Rulebook Ahead of September Authorisation Window

The UK Financial Conduct Authority (FCA) has published final guidance explaining which cryptocurrency activities will require regulatory authorisation under the country’s incoming cryptoasset regime. The guidance was released on September 16, just two weeks before the FCA’s new authorisation gateway opens on September 30, 2026. The new regulatory framework is scheduled to come fully into…

Aave Plans RWA Lending Market on Avalanche for Institutional Borrowers

Decentralized finance protocol Aave is expanding deeper into institutional finance with plans to launch a dedicated real-world asset (RWA) lending market on Avalanche, allowing institutions to use eligible tokenized assets as collateral to borrow stablecoins. The planned Aave V4 RWA Hub would give institutional investors a way to unlock on-chain liquidity from tokenized financial assets…

Mark Zuckerberg Pushes for Faster AI Development, Rejects Calls for Industry Slowdown

Meta CEO Mark Zuckerberg is pushing back against calls for the artificial intelligence industry to slow down, arguing that AI companies should continue developing the technology while taking responsibility for making their systems safe. Zuckerberg’s position comes as a growing divide emerges among major technology leaders over how quickly advanced AI should progress. In a…

Tinubu Assures Investors: Nigeria Is Open for Business, Working to Improve Business Environment

President Bola Ahmed Tinubu has assured local and international investors that Nigeria remains open for business, saying his administration is working to make the country’s business environment more predictable, competitive and supportive of investment. The President made the statement on Monday in Abuja during the 75th anniversary celebration of Nigerian Bottling Company Limited (NBC), where…

Novogratz Warns Crypto Regulation Could Be Delayed for Years as CLARITY Act Stalls

Galaxy CEO Mike Novogratz has warned that the United States could be left without comprehensive cryptocurrency regulation for years after the Senate failed to advance the proposed CLARITY Act. Novogratz issued the warning ahead of Tuesday’s crucial Senate vote, saying that if the legislation failed to move forward, the United States might not get meaningful…