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Tradefada Bags ‘Blockchain Services Platform Provider of the Year (Crypto)’ Award @ BoICT 2022

Tradefada, a One-Stop Cryptocurrency exchange platform on Saturday 28th of May won the ‘Blockchain Services Platform Provider of the Year (Crypto)’ award at the Beacon of ICT Awards, organized by Communication Week Media Limited, publishers of Nigeria CommunicationsWeek.

Mr. Seun Dania, founder and CEO of tradefada, with a staff (Center) flanked by Engr. Ike Nnamani, President, Association of Telecommunications Companies of Nigeria (ATCON), (Left) and Ken Nwogbo, Editor In-Chief of Nigeria Communications Week, organizers of the awards (Right) during the award presentation, held on Saturday, May 28, 2022.
Announcing Tradefada as the winner, the organizer said the company pulled the highest votes to emerged in the category, stressing that the award was keenly contested by four other companies.
“We are pleased to have the honour to announce Tradefada as a winner of this year’s Beacon of ICT Awards having gathered the highest votes in the ‘Blockchain Services Platform Provider of the Year (Crypto)’, it said at the award night, which attracted stakeholders from various segment of the ICT industry.
The organizer added that the award is a testament to Tradefada’s talents, innovations, contributions and commitments to the growth of the ICT industry.
Receiving the award on behalf of the company, an excited Chief Executive Officer of Tradefada, Mr. Seun Dania noted that the award is a display of the fact that stakeholders have come to the realization that Tradefada has become a house-hold brand in the industry, adding that it is happy that Nigerians have recognized its hard work, sincerity and dedication towards the development of ICT industry.
“We are excited to have received ‘Blockchain Services Platform Provider of the Year (Crypto)’ award. For us, it is exciting and a challenge to us to do more because to whom much is given, much is also expected,” he said.
While dedicating the award to its customers and dedicated staff, Mr. Seun promised that Tradefada will continue to provide innovative platform that will allow most Africans to partake and adopt cryptocurrencies from their mobile devices and web browsers.
“We will also be exploring the new waves in the crypto space i.e. Metaverse and NFTs. We will also be providing a staking platform where our customers can safely stake their crypto and earn yearly % returns,” he assured.
Tradefada is a One-Stop Cryptocurrency exchange that combines the reliability and swiftness of a web-based exchange with the convenience and portability of a mobile app. Tradefada offers the ability to buy into the crypto market through various local Fiat currencies and trade on over 100 pairs of the top and most reliable cryptocurrencies.
Founded in 2017 by a duo of experienced digital currency traders with a vision to see Africa benefit immensely and achieve economic freedom by leveraging on cryptocurrencies, Tradefada provides solutions to all levels of cryptocurrency trader’s needs.
Tradefada services extends to over 30 countries, providing easy access to buy and sell crypto for various fiat currencies. made possible through strategic partnerships with excellent third-party service providers.
News
DBN Awards N13m in Grants to Tech Startups

Development Bank of Nigeria (DBN) has awarded a total of N13 million in grants to three standout tech startups at the 2025 Techpreneur Summit held in Lagos, reinforcing its commitment to innovation and inclusive growth among Nigeria’s micro, small, and medium enterprises (MSMEs).
The winners include: BuyScrap, a digital marketplace for recyclable materials – N6 million; Qiqi Farms, which connects local farmers to hospitality and export markets – N4 million; Eco-Cyclers, a youth-led recycling initiative based in Enugu – N3 million
Alongside the grant awards, DBN also launched a new digital data asset, a first-of-its-kind platform aimed at enabling data-driven decisions within the MSME ecosystem.
The platform offers deep insights into business trends, sector-specific challenges, and growth opportunities—supporting smarter policymaking and targeted investments.
In his keynote address in Lagos, Tony Okpanachi, managing director/ CEO, DBN, described the event’s theme, “CTRL + SHIFT: Tech Empowered Movement for Naija,” as a strategic call to reimagine enterprise development in Nigeria.
“This isn’t just a keyboard shortcut,” he said. “It’s a mindset reset—powered by technology—to build a more inclusive, innovative, and resilient business landscape. From financing to innovation, DBN remains committed to enabling MSMEs to thrive.”
Okpanachi emphasized that the Summit aligns with DBN’s AMPLIFI Strategy, which integrates digital transformation, sustainability, and scalability into its core programs.
He highlighted initiatives such as the Digital Shift Workshops and the Eco-Innovation Challenge as key steps toward embedding innovation in Nigeria’s MSME sector.
Encouraging young innovators, he added: “The future belongs to those bold enough to imagine and build it. DBN is proud to support the ideas that will shape tomorrow.”
A major highlight was the unveiling of the DBN Data Asset—a digital platform designed to provide real-time, evidence-based insights into Nigeria’s MSME landscape.
The platform combines DBN’s proprietary data with external sources like the National Bureau of Statistics (NBS) to offer a comprehensive view of MSME performance by region and sector.
Jeremy Dan Okayi, DBN’s Head of Strategy, Policy & Innovation, described the platform as: “A reservoir of insight, potential, and direction—built on two years of collaboration and shared vision. This tool will support informed decision-making across the public and private sectors.”
News
FCCPC Shuts France, Belgium, and Italy Visa Centres in Abuja Over Alleged Consumer Rights Violations

In a bold enforcement action, the Federal Competition and Consumer Protection Commission (FCCPC), supported by the Nigeria Police Force and the Nigeria Security and Civil Defence Corps (NSCDC), has sealed off the visa application centres of France, Belgium, and Italy in Abuja over alleged consumer protection breaches and obstruction of regulatory investigations.
The affected centres—located at Mukhtar El-Yakub House in the Central Business District and operated by TLS Contact, a Teleperformance Company—were shut down following reports that they refused to accept formal correspondence from the FCCPC regarding a consumer complaint. The Commission cited further infractions, including obstruction of investigation and alleged assault of its officers during lawful duties.
Speaking to journalists at the scene, Mrs. Boladale Adeyinka, Director of Surveillance and Investigations at the FCCPC, explained: “This is an enforcement operation against TLS. On March 25, 2025, we served them a letter to address a consumer complaint, which they refused to accept. Instead, TLS officers assaulted our team, and in a subsequent visit on June 17, they also allegedly assaulted uniformed police officers.”
Citing Section 33 of the Federal Competition and Consumer Protection Act (FCCPA), Mrs. Adeyinka emphasized that failure to comply with Commission directives constitutes a criminal offense, punishable by imprisonment, fines of up to ₦20 million, or both.
TLS has been ordered to appear before the Commission on June 20, 2025, to provide testimony, submit evidence, and make formal depositions. The company may be held liable for any financial losses suffered by applicants due to the disruption of visa services.
Despite multiple requests for comment, management at TLS Contact declined to respond as of press time.
News
How and Why N210 Trillion is Missing in NNPCL – CFO

Adedapo Segun, chief financial officer (CFO), Nigerian National Petroleum Company Limited (NNPC), has explained why there is a missing sum of N210 trillion in the company’s audited financial statement spanning from 2017 to 2023.
According to Segun, the missing funds are cash calls requested by joint venture (JV) partners and settlement to the JVs.
He spokeat a session of the Senate Committee on Public Accounts chaired by Aliyu Wadada.
Segun was responding to an alarm raised by the committee over missing N210 trillion in NNPCL’s audited financial statement.
Recall that Wadada issued a one-week ultimatum to NNPCL to account for the missing N210 trillion.
Reacting, Segun said, “The N103 trillion and N107 trillion are made up of joint venture cash calls that have been requested by the JV operators and JV cash call payments made by NNPCL, which are yet to be reconciled because governance procedures were not done at that time.
“That is why you see the description reflecting those two items would be washed out because they are two sides of the same transaction, which is the cash calls by JV partners and the settlement by NNPCL.”
However, Habu Sadeik, a financial analyst, in a post on X on Thursday, said Segun’s response was unsatisfactory.
Saidik faulted NNPCL’s response about the fund discrepancies, noting that something is not right with the audited financial statement.
“Forget about the senators’ lack of knowledge.
“The CFO’s response is not satisfactory. Are you saying that cash calls worth hundreds of trillions are just appearing on your FS only in 2024 without 31 disclosure?
“If it’s a cash call, why hasn’t the disclosure said so?
“Which cash call is over 100 trillion?
“Something is definitely not right, and I hope they retrospectively correct that FS.
“Someone somewhere did a chef’s work,” he wrote on X.
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