E-Business
1Market.ng to Create 500,000 Jobs in Five Years

To help in growing Nigerian economy and create jobs by closing the gap between Manufacturers of Made-In-Nigeria products and Global buyers, 1market.ng is shopping for one million manufacturers and distributors of made-in-Nigeria products across the country through its affiliate partners program.
1Market is a pioneering B2B, B2C online marketplace, specializing in bridging the gap between global buyers and Nigerian suppliers as well as creating an accessible ecosystem for showcasing, marketing and selling exclusively Made-in-Nigeria Products.
The scheme gives the participants the opportunity convenient to work from any location with Smart Phone, Tablet or computer system and earn a living.
The project manager of 1market.ng, Enyika Iheanyichukwu who spoke at the unveiling of the program in Lagos yesterday told newsmen that it is a scheme that gives freedom of working at your pace and convenience while having guaranteed payment.
According to him, the affiliate program is a channel through which individual and companies can get paid by signing up vendors for 1market or selling 1market.ng products.
“The scheme has created the largest Made in Nigeria e-Commerce platform and is signing up over 1,000,000 manufacturers and distributors of Exclusively Made-in-Nigeria Products across the 36 states of Nigeria and Abuja”, he explained.
By registering a Made-in-Nigeria Manufacturer/Distributor, the scheme, according to him, gives many benefits which includes getting paid for registering manufacturers, earning commission by selling 1Market’s products, support from professional team, product catalogue with more than 5,000,000 selling products, among other benefits.
He said that once a partner completes form for pre-selection, a date would be communicated accordingly for training via a registered email.
Noting that the program would create jobs for Nigerians, he said that, “Nigerian people spending Nigerian Naira on Nigerian products equals Nigerian jobs. These jobs are the foundation of a thriving economy.
“If every Nigerian spent an extra N3.33 on Nigerian-made products, it would create almost 10,000 new jobs. And, if every builder used just 5 percent more Nigerian-made products, it would create 220,000 jobs.
“When you buy Nigerian-made products, the proceeds remain in the Nigeria economy. The money you spend then pays the workers, that directly or indirectly created the product you purchased. When workers spend their money on Nigeria-made products, the Naira continue to be recycled. Every Nigerian worker also pay taxes on wages earned in Nigeria.
“Importing countries have little or non-existent regulations or standards for working conditions. By keeping our Naira in Nigeria, we are not supporting these horrible working conditions, especially long hours, exploitation of children, extremely low wages, among others.
E-Business
Global Crypto Heists Surge to $2.1Bn in H1 2025 as Digital Assets is Weaponised

In a sobering revelation of the evolving threat landscape facing the digital asset ecosystem, blockchain intelligence firm TRM Labs has disclosed that over $2.1 billion worth of cryptocurrency was stolen in the first half of 2025 alone, spanning at least 75 high-profile hacks and exploits.
This staggering figure marks a 10 per cent surge over the previous first-half record set in 2022 and nearly eclipses the total stolen in all of 2024.
But beyond the monetary scale, the report reveals a deeper concern: a growing trend of state-sponsored cyber aggression weaponising crypto assets for strategic and geopolitical purposes.
The most devastating breach to date occurred in February when Dubai-based exchange Bybit lost $1.5 billion—the largest crypto heist in history.
TRM Labs attributes the attack to North Korean state actors, noting that the incident alone accounted for nearly 70 percent of total losses during the period and doubled the average hack size to $30 million.
“The Bybit hack redefined the threat landscape,” the report stated.
“It exemplifies how digital asset theft has transcended criminal opportunism and morphed into a tool of statecraft.”
Indeed, North Korea-linked entities were responsible for an estimated $1.6 billion of the total stolen, further entrenching Pyongyang’s status as the most prolific nation-state threat actor in the crypto sphere.
Yet the menace is diversifying. On June 18, Iranian crypto exchange Nobitex was breached for over $90 million by a group reportedly linked to Israel, Gonjeshke Darande (Predatory Sparrow).
Unusually, the stolen funds were routed to unusable vanity addresses, underscoring symbolic and political motives rather than financial gain.
TRM Labs flagged this as a “disturbing shift,” with digital asset theft increasingly deployed as a weapon in asymmetric geopolitical conflict.
The report also found that more than 80 percent of losses stemmed from infrastructure breaches, including private key theft, seed phrase leaks, and front-end compromises— attacks typically ten times costlier than other vectors.
Meanwhile, DeFi exploits such as flash loan manipulations accounted for 12 percent of losses, reflecting persistent smart contract vulnerabilities despite years of scrutiny.
As digital currencies become enmeshed in global rivalries, TRM Labs warns that conventional cybersecurity approaches are now inadequate.
“Massive breaches, often tied to nation-state operations, require a new defence paradigm,” the firm asserted, urging industrywide adoption of advanced safeguards and cross-border collaboration among regulators and law enforcement.
E-Business
CAC Launches AI-powered Business Registration Portal

Corporate Affairs Commission (CAC) has inaugurated the pilot take-off of its new Artificial Intelligence (AI)-powered registration portal.
A statement issued by the commission explained that Malam Hussaini Magaji, registrar-general of the CAC, made the announcement during the 2025 Stakeholders Forum in Port Harcourt.
According to him, “the initiative is a major milestone in Nigeria’s business facilitation drive.”
The Registrar further explained that the upgraded portal marks a complete overhaul of the Company Registration Portal (CRP), saying that it comes with advanced features designed to simplify and speed up business registration.
The new system, according to him, allows for instant name reservation approvals, likening the ease to creating an email account, and stressing that the AI-powered platform could suggest available alternatives to business names and approve them immediately.
Another innovation, he stated, is the ability to register a business using only the National Identification Number (NIN) of a director or proprietor, pointing out that there is an ambitious target of completing business registration and certificate generation within 30 minutes, subject to real-time NIN validation.
E-Business
Bitget Launches Institutional Services to Empower Fintech Innovation

Bitget has launched its institutional services in Nigeria, offering fintech companies a robust platform to build innovative solutions on top of Bitget’s suite of institutional-grade offerings.
Gracy Chen, CEO, Bitget, in a statement said, “Our goal is to empower Nigerian businesses to innovate and leverage blockchain for wealth creation opportunities, hence, the institutional services empower fintech leaders with tailored solutions, as the offerings designed to cater for the unique operational needs of institutional clients, enabling businesses to embed trading functionalities like spot and futures markets, wallet management, and more, directly into their platforms.
“The Key services include White-label Broker Services which enabled Fintech companies to deploy customized crypto exchanges using Bitget’s infrastructure while managing branding and users independently. There is also API Solutions that can make the Developers to integrate trading functionality via APIs for spot, margin, and derivatives markets, ensuring fast execution and seamless experiences for end users.”
Chen added, “The ND Broker Model provides clients with complete autonomy over user-facing platforms, offering exclusive front-end flexibility while relying on Bitget for back-end market liquidity. Clients are able to employ Protection Fund and Proof of Reserves of over $600million secured in the Bitget Protection Fund and real-time Proof of Reserves, which gives clients assurance of maximum transparency and security.”
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