🇳🇬NigeriaWest Africa
Bitnob launches new infrastructure platform with Bitnob Enterprise and next-generation Bitnob Business
via Punch Nigeria3 min read
Bitnob has announced the evolution of its infrastructure platform with the introduction of Bitnob Enterprise, a new non-custodial infrastructure stack, and the next generation of Bitnob Business, its managed platform for businesses. This development marks a significant step in Bitnob's growth from a single infrastructure platform to a broader ecosystem supporting businesses, developers, fintechs, and financial institutions in building and moving money globally. Since its launch as a consumer Bitcoin app in 2021, Bitnob has built infrastructure offering wallets-as-a-service, payments, card programs, collections, payouts, and stablecoin settlement products, facilitating over $4.5 billion in transaction volume. The updated Bitnob Business expands treasury capabilities, deepens integrations, improves stablecoin swap functionality, and broadens on-ramp and off-ramp coverage to over 110 countries. Bitnob Enterprise offers greater control over financial product building and operation for organizations and developers. Both products are powered by the same underlying infrastructure, with Bitnob Business providing a managed experience and Bitnob Enterprise allowing customers to retain control of their custody architecture and operational workflows. Bernard Parah, Founder and CEO of Bitnob, noted that this evolution supports customers who desire either a managed platform or greater ownership and flexibility. This launch comes as global demand for modern financial infrastructure accelera
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This summary was AI-generated from a story originally published by Punch Nigeria.
Must ReadThe Coroner's Court in Lagos has adjourned the inquest into the death of 21-month-old Nkanu Adichie-Esege, son of author Chimamanda Ngozi Adichie and Dr. Ivara Esege, until October 8, 2026. This decision follows an order from the Lagos State High Court for a stay of proceedings. Euracare Multi-Specialist Hospital, represented by Prof. Taiwo Osipitan, filed a judicial review application challenging the Coroner's Court's jurisdiction, arguing that the child's body was allegedly cremated before the inquest began. The High Court granted leave for judicial review and ordered a stay of proceedings pending the determination of the substantive suit, which is adjourned to June 8, 2026. Counsel for the deceased's family, Kemi Pinheiro, confirmed that four witness statements have been filed, including from Dr. Ivara Esege and medical experts. Pinheiro acknowledged the High Court's order but insisted the inquest should eventually proceed, stating that inquests can be conducted even without a body. Counsel for Atlantis Pediatric Hospital, Efe Ize-Iyamu, confirmed receipt of the High Court order. Magistrate Atinuke Adetunji set the new date after hearing all parties.
The sister and twin children of Adebayo Adelabu, former Minister of Power and All Progressive Congress governorship aspirant in Oyo State, were kidnapped on Wednesday in the Challenge area of Ibadan South-West Local Government Area. A video from the scene shows a red sedan with open doors and visible damage, including a smashed driver's side window. Onlookers gathered around the vehicle. A media aide to the former minister, Femi Awogboro, confirmed the incident, stating that Adelabu's younger sister and her twins, Peter and Paul, were attacked by unknown gunmen at Elewura, Challenge, Ibadan, while on their way to the expressway. The Oyo State Police Public Relations Officer, Olayinka Ayanlade, stated he could not independently verify the incident at the time. This abduction follows other recent incidents in the state, including the reported kidnapping of over 40 teachers and students in May 2026 and the abduction of APC chieftain Wale Oriade in December 2025.
Must ReadNigeria has repeatedly implemented various reforms in its public sector, including policy, monetary, tax, and civil service reforms, yet significant change remains elusive. A key argument suggests that the one reform not yet fully attempted is the reformation of public sector boards. These boards, which oversee ministries' parastatals, regulators, development finance institutions, and other government entities, are theoretically responsible for strategic direction, accountability, and performance monitoring. However, in most cases, they function as ceremonial bodies for political appointments rather than effective governance structures. The author contends that no public institution in Nigeria performs above the level of its board, asserting that the board sets the ceiling for an institution's potential. To fix the boards, changes are needed in how directors are selected, prioritizing competence over political alignment, and establishing clear performance indicators. Furthermore, boards must shift from rubber-stamping management decisions to providing genuine strategic steering, and the role of the board Chair needs to be re-evaluated for its critical impact on effectiveness. Ultimately, the author argues that fixing public sector boards is the most impactful reform Nigeria can undertake, as it is a precondition for the success of all other reforms.
The sister of former Minister of Power Bayo Adelabu, who is also an All Progressives Congress 2027 gubernatorial aspirant in Oyo State, has been kidnapped along with her twin children in Ibadan. An eyewitness reported that the incident occurred on Wednesday in the Challenge area of Ibadan South West Local Government Area. Femi Awogboro, a media aide to Adelabu, confirmed that Adelabu’s younger sister and her twin children, Peter and Paul, were abducted by unknown gunmen at Elewura, Challenge, Ibadan, while leaving their home to access the expressway. This incident follows other recent kidnappings in the state, including over 40 teachers and students on May 15, 2026, in Ahoro-Esiele, and an APC chieftain, Wale Oriade, in December 2025 in Ibadan. The state Police Public Relations Officer, Olayinka Ayanlade, stated that she could not independently verify the current incident but asked for patience.