E-Business
MainOne, First Large Network to Integrate New IPv6 on IXPN

West Africa’s leading connectivity and Data Center solutions provider, MainOne has successfully integrated to the new Internet Protocol Version 6 (IPv6), on the network of the Internet Exchange Point of Nigeria (IXPN) and it is the largest network in Nigeria to connect to IXPN via IPv6. .
In a statement issued by the company, Mr. Chidinma Iwe, head of Managed Services and IP, said the integration to IPv6 addresses on the network of the Internet Exchange Point of Nigeria (IXPN) was borne out of the desire to create more robust and inexhaustible wholesale Internet connectivity and avert the possible blockade from the exhaustion of Internet Protocol Version Four (IPv4) addresses.
“Nigeria can no longer afford to delay the deployment of an effective and robust IPv6 network. IPv6 is the future of networks globally and a key communication enabler for the future Internet of Things (IoT). Operators that use only IPv4 networks will soon face difficulties in expanding their activities on the internet, which will result in reduced coverage and business opportunities. West Africa must leapfrog in IPv6 development, to enable us to catch up with other more advanced regions such as South Africa.
“MainOne has led IPv6 connections in Nigeria with adjacency to over 73 IPv6 networks. However, we decided to do this evolutionary upgrade to IPv6 at the Internet Exchange as part of our effort to grow the local internet ecosystem in Nigeria. This ties into our commitment to mitigate the routing of Nigeria’s traffic abroad, which incurs expensive transit costs, increases service latency and compromises the user experience. With our upgrade to IPv6 at the IXPN, Nigeria can begin to exchange international IPv6 traffic in-country”, he said.
In his comments, Mr. Muhammed Rudman, the managing director of IXPN, posited the migration of operators such as MainOne would significantly accelerate IPv6 traffic growth within Nigeria and enhance the country’s posture on the global internet landscape. “Apart from giving our members the platform to experience enhanced interconnectivity, the implementation of IPv6 on our network places IXPN among the first set of IXPs in Africa to offer IPv6 Peering,” he asserted.
Rudman, who is also the Chairman of the Nigeria IPv6 Council, encouraged other service providers in the country to adopt IPv6 in their networks. “Nigeria need IPv6 to get our huge population online, we need it urgently as we embrace advancements such as Internet of Things (IOT) and the Smart city initiatives. More networks are required to migrate to place Nigeria on the international map where other countries that have implemented IPv6 are,” he urged.
The Internet Assigned Numbers Authority (IANA) had officially announced the depletion of the Internet Protocol Version Four.
This led to the setting up of an IPv6 council in Nigeria whose sole responsibility was to ensure that the operators and Nigeria as a whole migrates to the use of IPv6.
To mitigate this, the Internet Exchange Point of Nigeria announced a few months ago that it had successfully migrated its network to the Internet Protocol Version 6, saying the migration and subsequent implementation of IPv6 on the network follows the official announcement of the depletion of the Internet Protocol Version Four (IPv4).
It is believed that IPv6, which was designed as an evolutionary upgrade to the Internet Protocol will open a pool of internet addresses that is a billion-trillion times larger than the total pool of IPv4 addresses which is about 4.3billion. This means that the total number of IPv6 addresses is virtually inexhaustible in the foreseeable future.
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.”
- E-Financial3 days ago
Access ARM Pensions Advocates Ways to Boost Civil Servants’ Retirement
- E-Business3 days ago
Firm Warns as Social Media Scams Put Users’ Data at Risk
- Telecom3 days ago
MTN Nigeria Launches “Mega Billion Promo” to Reward Customer Loyalty and Drive Financial Inclusion
- Telecom2 days ago
AVEVA Highlights Climate Impact Gains in 2024 Sustainability Report
- General News2 days ago
AfCFTA Opens Opportunity for Logistics Sector
- E-Business3 days ago
Nigeria Ranks 3rd in Africa for Ransomware Threats –INTERPOL
- Telecom2 days ago
ALTON Explains SIM-related Services Disruption Across Mobile Networks
- General News3 days ago
NELFund Warns Students Against Fake Loan Portal