Author: Press Room

Ethereum co-founder Vitalik Buterin says decentralized finance (DeFi) has reached a turning point, one where on-chain savings are not only viable but beginning to rival traditional banks.Speaking in a pre-recorded address at a Dromos Labs event on Wednesday, Buterin said he’s “encouraged” by how far DeFi on Ethereum has come in terms of security, maturity, and usability.“We’ll be seeing, I think, a growth in more and more cases of people, institutions, and all kinds of users around the world actually using this as their primary bank account,” he said. “DeFi as a form of savings is finally viable.”Can DeFi Become…

In SummaryNigeria leads as the continental giant, with a projected $3.6 billion market in 2025, driven by its massive youth population, mobile adoption, and intense passion for football.South Africa and Kenya represent mature, high-value markets, characterized by sophisticated digital ecosystems, high per-user spending, and deep mobile money integration, respectively.East African nations show high growth potential, fueled by very high participation rates and the deep integration of mobile payments, despite smaller overall revenue than the top markets.Deep Dive!!!Wednesday, 12 November 2025 – The African sports betting industry has solidified its status as one of the world’s most dynamic and rapidly expanding…

The International Organisation for Standardisation (ISO)-certified diagnostic and research centre (EL-LAB) has announced its successful transition to the ISO 15189:2022 standard, the highest international benchmark for medical laboratories. The company’s Quality Assurance Manager, Blessing Nwakobi, said the accreditation came marking this year’s World Quality Week, with the theme ‘Quality: Think differently’. According to her, the centre, which was established in 1998 (27 years ago), has provided advanced medical testing services across Lagos State and continues to contribute significantly to the development of the Nigerian health sector. She said the successful transition to the ISO 15189:2022 standards demonstrates EL-LAB’s unwavering commitment…

In Summary:The article highlights a continent-wide shift, where homegrown tech firms are building digital infrastructure to solve entrenched supply chain challenges.The companies are evaluated on concrete 2024/2025 data including scale, technological innovation, and market influence.These leading companies are portrayed as critical drivers of a new, more efficient, and transparent economic era for Africa. Their work is creating more resilient, formalized, and inclusive value chains that power commerce and improve livelihoods.Deep Dive!!Thursday, 13 November 2025 – the The African supply chain is undergoing a profound transformation, moving from a landscape historically defined by fragmentation, informality, and logistical bottlenecks to one increasingly…

The All Progressives Congress (APC) in Zamfara State has raised an alarm that the Peoples Democratic Party (PDP) in the state is making frantic efforts to disrupt the welcome ceremony for the Minister of State for Defence, Hon. Bello Mohammed Matawalle, to Zamfara State. This was disclosed in a press briefing by the State Publicity Secretary of the APC, Mallam Yusuf Idris Gusau, who stated that his party has finalised all necessary arrangements to welcome the minister today, Thursday. According to him, party leaders, supporters, and youths have prepared to receive the former government of the State at Yankara, a…

The National Agency for Food and Drug Administration and Control (NAFDAC) destroyed counterfeit, expired, banned, and substandard products worth ₦20 billion on Thursday at its South-West Zonal Destruction Flag-off Ceremony, held at the Moniya Dumpsite in Ibadan, Oyo State. Director General of the agency, Professor Mojisola Adeyeye, who led the exercise, stated that the destruction was part of NAFDAC’s ongoing efforts to safeguard the health of Nigerians and prevent the reintroduction of unsafe and falsified products into circulation. Adeyeye was represented by Pharmacist Uba Florence N, Deputy Director Pharmaceuticals Investigation and Enforcement, NAFDAC, Apapa, Lagos. The DG described the event…

Bitcoin (BTC) is consolidating within a mild bearish phase, trading between $97,000 and $111,900. The resistance stands near $116,000 “marked by top-buyers’ supply cluster,” according to the latest report by the blockchain data provider Glassnode.Notably, significant factors like ETF outflows, low leverage, and persistent put demand portray a highly cautious market that’s currently waiting for “renewed conviction.”Market in a State of ConsolidationBitcoin has dipped below $100,000 in the seven-day timeframe. While brief, the slip proved a continuation of the broader downtrend that began in early October.It pushed the market into what the report calls “a mild bearish regime.” Prices are…

Dismisses rumours of Akpabio’s impeachment A raging controversy over the delineation of Warri Federal Constituency by the Independent National Electoral Commission (INEC) sparked a tense confrontation in the Senate yesterday, with two Delta State lawmakers at the centre of the dispute. The uproar began during deliberations on a motion moved by Simon Lalong, Chairman of the Senate Committee on Electoral Matters, who sought the Senate’s intervention following a petition from the Itsekiri Ethnic Nationality. Lalong explained that the delineation exercise allegedly marginalised the Itsekiri Community by reducing the number of wards in its areas while favouring two Ijaw communities. He…

Two members of the House of Representatives from Kano State have officially resigned from the New Nigeria People’s Party (NNPP) to join the ruling All Progressives Congress (APC). The lawmakers, Sagir Koki, representing Kano Municipal Federal Constituency and Abdulmumin Jibrin, representing Kiru/Bebeji Federal Constituency, cited persistent internal crises and divisions within the NNPP. Speaker of the House, Abbas Tajudeen, read letters of defection from the lawmakers during Thursday’s plenary. Present at the chambers to receive the lawmakers into the APC is National Chairman of the party, Professor Nentawe Goshwe Yilwatda, former chairman of the APC, Abdullahi Umar Ganduje, Former Kano…

Africa’s digital revolution has moved far beyond basic connectivity. What was once a continent limited by infrastructure is now a dynamic frontier of mobile-first innovation. From fintech ecosystems to entertainment super apps, Africa’s consumers are shaping new habits that combine finance, commerce, and digital culture in a single, connected ecosystem. This transformation—powered by affordability, accessibility, and creativity—is redefining how people work, play, and spend.Overview of Africa’s Mobile-Driven Digital TransformationOver the past decade, Africa’s digital growth has accelerated exponentially. According to the GSMA, mobile penetration across the continent reached 495 million unique subscribers by 2024, representing 46% of the total population.…