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Economy

NNPC Adopts AspenOne to Boost Refinery Operations

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By Modupe Gbadeyanka

The Nigerian National Petroleum Corporation (NNPC) has adopted the ‘AspenOne Engineering’ Software to optimize its engineering operations as part of efforts to keep the nation’s three refineries up and running.

AspenONE software is an American product which enables process industry companies to optimize their engineering, manufacturing, and supply chain operations, giving AspenTech customers the benefit to achieve, increase capacity, improve margins, reduce costs, become more energy efficient, and achieve excellence in operational goals.

Group General Manager, Engineering and Technology Division of the NNPC, Engr. Farouk Sa’id, made this disclosure during a four-day AspenOne Engineering Software awareness workshop at the NNPC Towers in Abuja.

Represented by the General Manager, Capital Projects, Dr Adewale Ajayi, Mr Sa’id stated that the software would go a long way in stabilizing and optimizing the operations of the Corporation in the upstream, midstream and downstream sectors.

“The collaboration between NNPC and ApenOne Technology is geared towards exposing our engineers to the vast engineering processes in AspenOne Engineering Software and the knowledge would optimize the refineries and all the other Corporate Service Units (CSUs) and Autonomous Business Units (ABUs) of the Corporation,” Mr Sa’id noted.

He said the software was made up of 66 modules, adding that it offers engineering project process design, simulation, trouble shouting, optimization, and project management which when applied to the processes of the NNPC would enable profit maximization.

Participants at the workshop, drawn from the Corporation’s subsidiaries, were urged to take advantage of the session to develop their engineering capacity and ensure high utilization of the software for the benefit of the Corporation.

On his part, representative of AspenOne Technology and Software Licensor, Julian Cazenave, said his firm was focused on process engineering and optimization, stressing that most of the leading global Oil and Gas Companies use the software for their operations.

Meanwhile, the House of Representatives Committee on Petroleum Resources (Downstream) has commended the NNPC for a seamless supply of petroleum products during the last Yuletide and New Year festive period.

The Committee, in an interactive session with top management of the agency in Abuja, said that for the first time in recent memory, the Yuletide and the New Year were celebrated without fuel queues.

The Committee, which has Mr Joseph Akinlaja as Chairman, urged NNPC Management to continue to work hard and ensure uniformity in prices of petroleum products, particularly in the northern part of the country.

“This interactive session would be a continuous one to update relevant industry stakeholders on the development in the industry”, the Chairman said.

Speaking at the session, NNPC GMD, Dr Maikanti Baru, who was represented by the Chief Operating Officer, COO, Downstream, Mr Henry Ikem-Obih, thanked members of the House Committee for their support to the corporation, assuring it that relevant government agencies would be alerted to take appropriate actions on the disparity noticed in products prices in parts of the country.

Dr Baru told the Committee that NNPC would continue to cooperate with it in respect of its oversight functions, among others.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Economy

26 Equities Gain Weight in One Week on Local Stock Exchange

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Local Stock Exchange

By Dipo Olowookere

The local stock exchange recorded a 0.12 per cent week-on-week expansion last week as a result of the gains achieved by 26 equities on the platform. The number of price advancers, however, was lower than the 33 posted in the preceding week.

In the five-day trading week, there were 63 price losers, higher than 56 of the previous week, while 58 stocks closed flat versus 58 stocks of the earlier week.

The price advancers were led by AVA Capital, which grew by 33.33 per cent to N11.00. FCMB gained 13.10 per cent to trade at N12.95, First Holdco appreciated by 12.23 per cent to N145.40, Fortis Global Insurance soared by 11.11 per cent to N2.60, and Linkage Assurance went up by 10.63 per cent to N1.77.

On the flip side, Thomas Wyatt shed 26.71 per cent to close at N3.21, Trans-Nationwide Express crashed by 23.76 per cent to N2.15, CMFC dropped 22.68 per cent to settle at N3.00, Ecobank stumbled by 18.94 per cent to N71.20, and Consolidated Hallmark lost 16.51 per cent to N6.98.

Last week, the All-Share Index (ASI) of the Nigerian Exchange (NGX) Limited rose by 0.12 per cent to 245,573.60 points, and the market capitalisation also chalked up 0.12 per cent to finish at N158.513 trillion.

Similarly, all other indices finished higher apart from the main board, insurance, consumer goods, energy, Lotus II, industrial goods, growth, sovereign bond, and commodity indices, which depreciated by 0.83 per cent, 3.31 per cent, 1.75 per cent, 0.03 per cent, 0.46 per cent, 0.17 per cent, 2.14 per cent, 0.09 per cent and 0.01 per cent, respectively.

In the week, market participants transacted 5.359 billion shares worth N139.053 billion in 261,869 deals compared with the 5.119 billion shares valued at N404.762 billion traded in 285,223 deals a week earlier.

Data showed that the Financial Services space led the activity chart with 3.469 billion shares sold for N73.013 billion in 117,509 deals, contributing 64.73 per cent and 52.51 per cent to the total trading volume and value, respectively. The energy counter followed with 1.023 billion shares worth N18.900 billion in 17,680 deals, and the ICT sector recorded a turnover of 232.368 million shares worth N14.624 billion in 31,866 deals.

Japaul, Fortis Global Insurance, and FCMB accounted for 2.562 billion units valued at N14.173 billion in 6,645 deals, contributing 47.80 per cent and 10.19 per cent to the total trading volume and value, respectively.

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Economy

Trump Earned over $1 billion Through Cryptocurrency; How Can an Ordinary Investor Earn $17,700?

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SHRMiner

Trump publicly criticized Bitcoin in 2021 but rapidly shifted his stance during the campaign, proposing to make the United States the “global cryptocurrency capital.”

After returning to the White House, he signed an executive order supporting the development of the digital asset industry. Meanwhile, reports indicate that Trump and his associated businesses have generated over $1 billion in gains through cryptocurrency.

As we enter 2026, cloud mining is emerging as a new area of ​​interest amidst the continued development of computing infrastructure and digital asset markets. For the average investor, the question arises: how can one generate $17,700 in passive income—or even more—despite constant market volatility?

Cloud mining: represented by platforms like SHRMiner, is rapidly gaining market attention. By providing rentable computing power services and earning mining rewards, it allows users to access the complete cloud mining process and earn passive BTC income without purchasing expensive equipment or specialized skills.

Recently, SHRMiner, a UK-based cloud mining platform, officially launched a new “free cloud mining service.” This service is designed for holders of mainstream cryptocurrencies such as BTC, XRP, DOGE, LTC, and EHT, providing users with a new opportunity to participate in cryptocurrency mining without any entry barriers.

How to earn passive income from BTC through SHEMiner cloud mining

Start earning returns in just three simple steps: 

  1. Register an account

By visiting the official SHRMiner website, users can register for a free account in less than two minutes and receive a $15 sign-up bonus; this bonus allows them to quickly experience the platform’s services and earn a daily return of $0.60 from a complimentary trial contract. 

  1. Select a cloud mining plan

Choose a cloud mining plan that suits your needs and budget. The platform offers flexible plans ranging from $100 to $200,000 to meet the investment goals of different users.

  1. Start earning returns

After purchasing a contract, earnings are automatically settled within 24 hours without requiring additional management or action; users can withdraw their earnings to their cryptocurrency wallet addresses at any time or reinvest the profits to benefit from the compounding effect.

The primary advantage of this model is that it significantly lowers the barrier to entry. Users do not need to research specific mining hardware models or hashrate configurations, nor do they need to set up their own system environments; simply by registering an account, depositing assets, and selecting a mining plan, they can start earning returns.

SHRMiner cloud mining plan

SHRMiner Platform Advantages: 

  • Supports daily automatic settlement
  • No additional electricity or maintenance costs required
  • Utilizes advanced ASIC mining hardware, powered by renewable energy sources including hydropower, wind power, and solar power
  • Supports mining for multiple currencies: earn mainstream cryptocurrencies such as BTC, XRP, ETH, DOGE, USDC, USDT, SOL, LTC, and BCH.
  • Equipped with SSL encryption and DDoS protection, a real-time earnings dashboard for easy monitoring of mining performance
  • 100% remote access, fully accessible via the SHRMiner application or browser without hardware requirements, and 24/7 online technical support.

⦁Affiliate Program: The Affiliate Program allows you to earn up to 4.5% commission by referring friends, with the opportunity to earn an additional bonus of up to 30,000.

Examples of common contracts:

Contract Name Price Profit Days Principal + Total Return
New User Experience Agreement $100 $4 2 $100+$8
Bitdeer Sealminer A2 Pro $500 $6.25 5 $500.00 + $31.25
Litecoin Miner L9 $1000.00 $13.00 10 $1000.00 + $130
Bitcoin Miner S21 XP Imm $5000.00 $70.00 25 $5000.00 + $1750
Bitcoin Miner S21e XP Hyd $10000.00 $150.00 35 $10000.00 + $5250
ANTSPACE HW5 $50000.00 $900.00 45 $50000.00 + $40500

After purchasing a contract, earnings will be automatically credited to your account within 24 hours. Upon contract expiration, your principal will be returned in full. You may withdraw the principal or reinvest it to benefit from compound returns; please click here for more details regarding the mining contract. 

Unimaginable money-making opportunities

What sets SHRMiner apart is its extraordinary daily passive income; users have the opportunity to earn $10,700 or even more each day, turning the dream of online wealth into reality. Imagine generating substantial income without the need for ongoing investment or complex setups—that is exactly what SHRMiner offers.

Safety and Sustainability

In the mining sector, trust and security are paramount; SHRMiner fully recognizes this and prioritizes user safety above all else. Committed to transparency and legitimacy, SHRMiner ensures your investment is protected, allowing you to focus on profitability. All mining facilities utilize clean energy, making this a carbon-conscious cloud mining operation. Renewable energy protects the environment from pollution while providing a powerful energy source.

In short

If you are looking for ways to generate passive income, cloud mining is an excellent choice. When approached correctly, these opportunities allow you to effortlessly build cryptocurrency wealth on “autopilot” with minimal time investment. At the very least, they are far less time-consuming than any form of active trading. Passive income is the ultimate goal for every investor and trader, and with SHRMiner, maximizing your passive income potential is easier than ever.

To learn more about SHRMiner, please visit the official website: https://shrminer.com

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Economy

Top Crypto Platforms in Nigeria

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Nosh App

Complete List Of The Top Crypto Platforms in Nigeria: Where to Trade Safely

As a Nigerian just getting started in crypto trading, or someone trying to rebuild their confidence after a bad trading experience, the fear of losing your hard-earned money is valid. This is why choosing a reliable crypto platform to carry out your trading is very important.

The good news here is that there are several trusted crypto platforms built to serve Nigerian traders, offering secure trading, fast withdrawals, and competitive fees.

In this guide, you will discover the top crypto platforms in Nigeria, what makes each one stand out, and how to choose the best option based on your trading goals.

Top 4 crypto platforms in Nigeria

NOSH

Nosh is one of the top platforms in Nigeria and Ghana with the best crypto trading services, offering the best rates for crypto trading, allowing you to get good value for your digital assets. With its user-friendly interface and 24/7 customer support, it is a very good option whether you are a new or experienced crypto trader.

With Nosh, you get:

  • Instant payouts on every transaction, no unnecessary waiting.
  • Advanced fraud protection with two-factor authentication to keep your account and transactions secure.
  • Easy and direct conversion of crypto to Naira or Cedis within a few minutes; no need for third-party apps whenever you are ready to cash out.
  • High exchange rates.
  • Transparent rates with a rate calculator to know how much you will be getting.

Nosh supports a variety of cryptocurrencies such as Bitcoin, Dogecoin, USDC, USDT, Ethereum, Tron, Litecoin, and Binance Coin.

KUCOIN

KuCoin is another popular crypto platform known for its P2P (peer-to-peer) marketplace. With KuCoin, you can trade your crypto directly with a buyer or sell your crypto directly with a seller. KuCoin holds the crypto in escrow until the seller accepts that they have received the payment; this is done to avoid fraud from the buyer or seller of the crypto.

With KuCoin, you get:

  • To carry out P2P trading with escrow protection.
  • To use multiple payment method options like bank transfer, USSD, and mobile-money-linked options.
  • Offers competitive and relatively low trading fees, especially if you’re holding KCS (KuCoin’s native token).
  • Gives you access to spot trading, futures/derivatives, staking, and other earn products

KuCoin supports stablecoins such as USDT, USDC, and TUSD.

COINCOLA

Coincola is also a top platform ranked as one of the best P2P trading platforms for Nigerians. With Coincola, you get to buy and sell your Bitcoin and USDT with real-time price tracking.  Coincola is your go-to platform if you need one that offers flexible funding options like cash deposit and bank transfers. However, there have been reports of withdrawal delays.

With Coincola, you get;

  • A P2P marketplace to buy/sell Bitcoin and other coins directly from vendors, with their completed-trade counts shown upfront so u can trade with caution.
  • Instant BTC conversion with real-time price tracking
  • To use multiple local funding options like bank transfer, cash deposit, and gift cards
  • An escrow system that holds your money until a trade is confirmed.

Coincola supports cryptocurrencies like USDT and TRON.

YELLOWCARD

Yellowcard is another popular crypto platform that offers not only P2P trading but also allows you to buy and sell assets like USDT, USDC, PYUSD, BTC, and ETH with regional payment options like mobile money, bank transfers, and cash deposit. However, in 2025 they announced they no longer offer crypto-to-cash retail services.

With Yellowcard, you get:

  • Direct access to buy and sell crypto rather than waiting to match with individual P2P counterparties.
  • To use multiple funding methods like bank transfer, mobile money, and cash deposits.
  • Free local and cross-border transfers via “Yellow Pay” to 20 different countries in Africa.

Factors to consider when choosing a crypto platform

  • Don’t just look at the advertised trading fee. Some platforms hide the extra cost, so your actual rate ends up higher than expected. Do a small test trade first and see what you actually receive.
  • The best platform in the world is useless to you if it doesn’t support how you actually move money, whether it’s bank transfer or mobile money. Check that before you even sign up, not after.
  • Some platforms convert instantly; others, especially P2P ones, need you to wait for a counterparty to show up. If you need your money fast, that difference matters a lot.
  • If you specifically need USDC or another less-common stablecoin, don’t assume it’s there on the platform. Double-check the coin list before you commit to one.
  • Support should not be silent when something goes wrong. Look for evidence people actually got helped, not just a “24/7 support” badge.
  • If a platform can’t tell you clearly how they protect your money, that’s a red flag on its own. Always go for one that prioritizes security.

FAQs

  • Which crypto platform is best in Nigeria?

The best crypto platform in Nigeria is Nosh. Nosh offers the best rates for selling crypto with direct crypto-to-naira conversion to easily change your crypto to cash when needed.

  • Can I teach myself crypto trading?

Yes, you can. There are many platforms and tutors with tutorial videos and lessons on how to start crypto trading on your own.

  • What is the most popular crypto in Nigeria?

The most traded cryptocurrency in Nigeria is Bitcoin, making it the most popular.

Conclusion

When you trust the right platform, your journey in crypto trading is safe and secure. Always look out for crypto trading platforms that meet your needs alongside keeping things like payment options, a good list of coins they support, and other factors mentioned in this article before committing to one.

Always start with a small test trade first to see what you are getting; it will help you get a better idea of how the platform works so you don’t fall victim to hidden charges not included in price tags by some platforms.

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