Business
Tomarket Launches $TOMATO Airdrop and Listing
Tomarket is set to launch its $TOMATO coin airdrop on September 2, 2024, distributing 350 billion tokens to over 12 million users. The airdrop will reward early adopters, active community members, and key supporters, with eligibility determined by account balances and activity levels. Tomarket’s tap-to-earn drop game on Telegram has played a significant role in attracting users, making this airdrop a crucial step in promoting fair token ownership and encouraging continued community engagement.
Following the airdrop, $TOMATO will be listed on the TON blockchain with an initial price prediction of $0.001, making it easier for users to trade the tokens. The listing is expected to boost Tomarket’s visibility and trading activity, though the token’s price will depend on user engagement and market conditions. Tomarket has experienced rapid growth, gaining over a million new users daily, which indicates strong interest in the $TOMATO coin and suggests rising demand as more users join the platform.
Business
MTN Advances IHS Holding Acquisition Following Shareholder Approval
MTN has moved closer to acquiring IHS Holding, following shareholder approval of the proposed takeover, marking another major milestone in the transaction.
The approval was secured during the Extraordinary General Meeting (EGM) held on 4 August, allowing the deal to progress to the next stage.
If completed, the acquisition is expected to strengthen MTN’s infrastructure capabilities by giving the company greater control over its telecommunications tower assets. Industry analysts believe the move could improve network efficiency, reduce long-term operating costs, and support MTN’s continued expansion across its markets.
The transaction is still subject to regulatory approvals and other closing conditions before it can be officially completed.
Business
Nigeria’s Top Cement Makers Generate ₦3.2 Trillion in Six Months
Nigeria’s three biggest cement manufacturers—Dangote Cement, BUA Cement, and HBM Nigeria—generated a combined ₦3.2 trillion in revenue during the first half of 2026.
The strong performance was driven by higher cement prices, increased demand from housing and infrastructure projects, and higher sales volumes across the country.
Compared to the same period in 2025, the companies recorded 26.5% revenue growth, showing that Nigeria’s construction sector continues to expand despite economic challenges. The companies also reported stronger profits and are investing further to increase production capacity to meet future demands.
Business
OPay Introduces New Security Features for Customers
Nigerian fintech company OPay has introduced new security features to improve the safety of its application.
The company unveiled the Emergency Lock and Safety PIN features to give customers better control over their funds and provide added protection against fraud and unauthorized transactions.
The Emergency Lock feature allows customers to instantly freeze their OPay account with a single tap whenever they sense a threat or believe their account may be at risk.
The newly launched Safety PIN introduces an additional layer of security, helping customers protect themselves in situations where they may be forced to make a transfer or payment against their will.
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