Asianet Pakistan Private Limited

Amidst initial challenges envisaged in its implementation, the Federal Airports Authority of Nigeria (FAAN) has officially launched the contactless and cashless payment system beginning with the Murtala Muhammed International Airport (MMIA), Lagos and the Nnamdi Azikiwe International Airport, Abuja.

The system unveiled during a press conference at the MMIA on Monday was described as a comprehensive cashless and contactless payment solution which effectively eradicates payment of physical cash at all strata of the airports.

These include all airports, airport access gates, car parks and VIP lounges.

The authority is projecting a 75 per cent increase in revenue from the deployment of the initiative, starting with 50 per cent from the pilot implementation and 75 per cent as the system extends to other airports across the country. ‘We project a 50 percent increase in revenue collection at this pilot stage, rising to 75 percent as we integrate more points, with the goal of tripling revenue within the first year of full implementation,’ said the Managing Director of FAAN, Olubunmi Kuku during the unveiling and demonstration of the payment solution at the MMIA, Lagos.ing Years of opaque revenue management

Over the decades, there have been complaints from stakeholders over what they called ‘opaque’ management system especially from non-aeronautical revenues.

The non-aeronautical revenues are revenues generated outside airline operations. FAAN has an enlarged revenue stream, generating money from different sources outside landing and parking, passenger services classified as the aeronautical revenues.

Some of the sources include access control (toll gates) at various airports especially Lagos and Abuja where over 300,000 vehicular movements are recorded monthly.

Move to ramp up revenue

Daily Trust reports that no fewer than 20 airports generated N382,149,252,045 from January to December 2024, in the country.

Out of these airports, Lagos alone accounted for 67% followed by the Nnamdi Azikiwe International Airport which accounted for 21.3 per cent.

The figure on percentage contribution on generation and collection by the Federal Airports Authority of Nigeria (FAAN) between January and December 2024 showed that MMA generated N256,067,290,722.42 followed by Abuja which generated N81,219,777,298.42.

With a projected 75 per cent increase in revenue with the deployment of the new automation system, the revenue could increase to over N500bn from both airports, according to analysts.

Represented by the Director of Public Affairs and Consumer Protection of FAAN, Henry Agbebire at the unveiling, the Managing Director of FAAN disclosed that the authority’s brand Ambassadors would be deployed at all airport access gates to assist customers in onboarding on the automated payment system.

She disclosed that the transition to cashless and contactless system was in response to the demand of customers for a modern and more transparent payment system.

With the system, she said, ‘We are building a system that is more transparent,’ adding this highlights the commitment of FAAN to national development through increased revenue generation.

Kuku added that the authority would systematically expand to other airports in a phased manner.

The MD said, ‘Let me be clear: by significantly reducing our reliance on physical cash, we are building a system that is inherently more transparent. Every transaction will be electronic, traceable, and secure.

‘This directly enhances our revenue assurance capabilities, ensuring that every Naira due to the Authority is duly collected and accounted for. This is not just good for FAAN; it is a testament to our commitment to national development and fiscal responsibility.

‘Furthermore, embracing these digital trends ensures that our airports remain competitive and aligned with global best practices. We are sending a clear message to the world that Nigeria is open for business, with infrastructure that meets international standards.’

Kuku further explained that the cashless card would be available at all airport access gates in Lagos and Abuja.

‘I encourage you to collect yours, and to activate and fund it immediately. This launch is a critical milestone, but it is not the final destination. FAAN remains steadfast in its commitment to continuous improvement. Following the successful implementation in Lagos and Abuja, we will systematically expand this cashless policy to all other airports nationwide in a phased manner,’ she added.

Director of Commercial and Business Development of FAAN, Adebola Agunbiade, disclosed that FAAN had set a target of the first quarter of 2026 for a complete phase out of cash transactions across all airports.

She stated that the new system is built on four pillars ‘to significantly enhance operational efficiency; to reduce congestion and delays for a smoother passenger experience; to improve revenue collection and accountability and to firmly align FAAN with global best practices for seamless airport access and service delivery.

She said, ‘For FAAN, we project a 50% increase in revenue collection at this pilot stage, rising to 75% as we integrate more points, with the goal of tripling revenue within the first year of full implementation. These additional funds will be strategically reinvested into further infrastructural development across our airports.

‘For Airport Users, you will enjoy greater convenience, faster transactions, and reduced risk of theft. This policy also promotes financial inclusion, extending services to those with limited access to traditional banking.’

She explained that for businesses, the authority had ensured that transaction costs are kept low to protect the profit margins of our business partners, and reliable internet services will be available to support seamless operations.

‘An initiative of this magnitude does not succeed without a comprehensive awareness campaign. We have already begun engaging stakeholders through forums, such as the one held at the Sheraton Hotel, and will intensify efforts with billboards, social media assets, radio jingles, and posters at access gates to drive adoption,’ she added.

She reiterated that there would be full implementation across all FAAN-operated airports by the first quarter of 2026.

‘Furthermore, following the success at the access gates, we intend to expand this cashless policy to other areas, including casual flights, VIP lounges, car parks, and car hire operations.

‘Every month, our access gates in Lagos and Abuja recorded over three hundred thousand vehicular entrances respectively. Our VIP and Protocol lounges serve thousands yearly and we believe we can improve the quality of service to our customers when we can receive payments conveniently and transparently,’ she added.

What experts are saying?

As the implementation begins, experts say there is the need for the authorities to ensure a seamless transition without hitches.

Also, some passengers who spoke with our correspondent expressed fear over network glitches which might cause unnecessary delay and long queues especially at access gates.

Speaking with our correspondent, General Secretary of the Aviation Roundtable, Mr. Olumide Ohunayo said it is long overdue.

‘This is long overdue and expected with the rate at which the minister and his team are moving, right from the regulator to all agencies, they are moving from manual to IT and infotech and this is to improve service delivery.

‘And the beauty is that they are even looking at the regulations again to see how it can be fine-tuned. I am happy that FAAN has taken up this position regarding the toll, and I think it will be the most effective.

‘It is ridiculous when you drive past those toll booths and you see officers and senior staff of FAAN sitting in the booths when they are supposed to be in the office developing policies and working out how to improve revenue generation, they are there struggling to collect N500. Even at a stage I began to wonder, because that’s about the only tolling booth I have seen in the world whereby the person sitting in there is stretching his hands and asking cars to start coming.’

Another aviation analyst, Group Capt. John Ojikutu said, ‘If you don’t know what you are looking for, you may not or cannot get it. There was Avitech before now doing cashless services from FAAN allied services and operators to FAAN. How has that been?

‘When you sell eggs daily for a price but don’t know the number sold, you cannot know how much to expect. Check the passengers’ traffic figures from the NCAA, NAMA and FAAN to know if they are the same or corresponding to one another.’

I shared many interests with the late Mouftahu Baba-Ahmad. I met him on the platform of Nahnu Muslimum – a WhatsApp group formed by late Alhaji Bashir Othman Tofa. We agreed on many issues on the socioeconomic development of northern Nigeria, especially on the role our religious heritage may play in shaping the future of the region. We had a couple of private phone conversations. But, I never met him – face-to-face. When he was hospitalised, all members of Nahnu Muslimum eagerly followed his health progress through his son and his direct messages. His last message-about his recovery, travel to Medina, and eventual plan to recuperate at Baze University Hospital-was very reassuring. Then, suddenly, the news of death was broken on September 17, 2025. We were all shocked. On September 21, I joined other members of NM on a condolence visit to his family. Due to torrential rainfall, I stayed longer than planned. During that time, I observed the diversity of visitors-a former governor, a former minister, a poor university professor, etc. Their presence reflected his wide influence across different strata of society. I used the opportunity to reflect about life in general and the place of Mouftahu Baba-Ahmad (MBA).

Indeed, the passing of MBA has left a deep void in Northern Nigeria. Known for his integrity, foresight, and relentless pursuit of progress for his people, Mouftahu embodied the quiet strength of a statesman who influenced not only through wealth or power, but through wisdom and vision. He was one of the youngest executive directors of NEPA. Later, he chaired the board of NAL Merchant Bank. He was the chairman of the board of Noble Hall Girls Academy – a premier day and boarding secondary school in Abuja. Recently, he founded the Nigeria Collective – an elite discussion group that draws members across Nigeria. As an ardent supporter of our traditional institutions, I remain deeply grateful to him for his role in attempts to reconcile the different factions in the Kano emirship tussle. He belonged to a generation that understood the delicate balance between tradition and modernity, faith and pragmatism, unity and diversity. His lifelong concern was the future of Northern Nigeria-a future he believed could be transformed if its brightest minds and strongest leaders could set aside differences and work together for the common good.

One of Mouftahu’s most enduring wishes was the unity of four towering figures in the region: Nasiru El-Rufai, Sheikh Ahmad Gumi, Nuhu Ribadu, and Muhammadu Sanusi II. Each of them carries unique strengths; together, they could form a formidable force for renewal. In Nasiru El-Rufai, MBA saw a bold reformist. El-Rufai is widely regarded for his ability to take tough decisions. Though often controversial, his record demonstrates an unwavering drive to modernise institutions, demand accountability, and confront entrenched interests. In Sheikh Ahmad Gumi, MBA saw a respected Islamic scholar and cleric, who represented the moral and religious voice of conscience in the region. Though his views have sometimes sparked debate, he symbolizes dialogue, reconciliation, and the persistent call to address grievances through peaceful engagement. Nuhu Ribadu, Nigeria’s pioneer chairman of the Economic and Financial Crimes Commission (EFCC), carved a reputation as a fearless anti-corruption crusader. His name is synonymous with integrity and the belief that public life must be anchored in transparency and justice. His current position as National Security Adviser gives him special leverage to get things done. Muhammadu Sanusi II, Emir of Kano, a globally respected intellectual, combines scholarship, vision, and courage. He has consistently spoken truth to power, challenging societal complacency and advocating for economic reform, and the modernisation of Muslim society in line with its best traditions. Sanusi’s PhD thesis clearly demonstrates his vision for such modernization. It needs political will to germinate.

Mouftahu Baba-Ahmad understood that while these four men differ in temperament, style, and even worldview, they represent complementary pillars of leadership. In his eyes, El-Rufai’s technocratic boldness, Gumi’s moral voice, Ribadu’s fight against corruption, and Sanusi’s intellectual clarity could-if united-redraw the destiny of Northern Nigeria. He envisioned a coalition that transcends politics, religion, and ethnicity, guided only by the urgent need to rescue a region burdened by poverty, insecurity, illiteracy, and fractured leadership. Imagine such unity that may lead to: (i) A political blueprint led by reformists with the courage to confront vested interests. (ii) A moral and religious consensus that counters extremism with compassion and wisdom. (iii) An economic agenda rooted in accountability, equity, and the empowerment of youth and women. And, (iv) a social reawakening that restores confidence in education, entrepreneurship, and justice. This was Mouftahu’s dream-not for himself, but for generations yet unborn. In fact, among the quadripartite, MBA was closed to only one of them. His vision was never about individual greatness; it was about collective strength.

As we mourn his departure, we must also celebrate the clarity of his thought. He reminds us that true legacies are not built on material wealth, but on the seeds of ideas planted in fertile hearts. In urging unity among these figures, he called all of us to transcend narrow interests and embrace the higher duty of service to humanity.

Today, Northern Nigeria stands at a crossroads. In honouring Mouftahu Baba-Ahmad, let us not allow his vision to die with him. As Thomas Campbell, beautifully put it, ‘To live in hearts we leave behind is not to die’. Let us keep MBA alive. Let El-Rufai, Gumi, Ribadu, and Sanusi-and indeed all leaders-take to heart his call for unity. For in unity lies the strength to heal wounds, unlock potential, and guide Northern Nigeria toward a future of peace, prosperity, and dignity. MBA believed deeply that ‘we are only as strong as we are united, and as weak as we are divided.’

May Allah forgive his shortcomings, reward his good deeds, and make his vision a reality for the benefit of all.

The Commandant Nigeria Security and Civil Defence Corps (NSCDC), Federal Capital Territory (FCT) Command, Olusola Odumosu PhD, has ordered the deployment of 4500 personnel across the nook and crannies of the FCT ahead of this year’s Independence Day celebration.

A statement by the spokesperson of the Command, DSC Monica Ojobi, on Monday, said the deployment is in a bid to ensure security of lives and property as well as Critical National Assets and Infrastructure in the FCT and its environs before, during and after the celebration.

The deployment of officers and men cuts across specialised departments and units such as Female Strike Force, Arms Squad, Operation Adakasu, Critical National Assets and Infrastructure (CNAI), and Chemical, Biological, Radiological, Nuclear and Explosives (CBRNE).

According to the statement. There is also a massive deployment to vulnerable locations and soft targets such as shopping malls, recreational centres, prayer grounds, markets, motor parks, amusement parks, City Gate, 3 Arms Zone, government buildings and areas housing Critical National Assets and Infrastructure.

‘In a bid to ensure proactiveness and prevent emergency or unforeseen circumstances, men of our undercover unit have already been deployed for covert operations and surveillance.

‘Black spots like uncompleted buildings that harbour criminals are also covered to avert security breaches,’ it added.

Dr Odumosu gave matching orders to all Area Commanders and Divisional Officers to ensure their respective area councils are on top of their game and ensure their presence is felt to avoid security hitches, according to the statement.

Best Agency Ad Account Providers

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This guide on the Best Agency Ad Account Providers takes you through the top providers trusted by marketers worldwide. Each offers something unique, from cashback perks to risk-free guarantees.

Let’s dive straight into the list that helps advertisers focus more on scaling campaigns and less on solving problems.

Uproas

Most ad accounts come with limits, but Uproas changes the game by offering the best ad agency accounts with unlimited spend limits. From faster approvals to whitelisted access, this is where campaigns reach their full potential without roadblocks. These advantages aren’t just features, they’re tools designed to maximize your results. They make sure to run add smartly and safely.

Here’s what you can access with these features: You can have these services with a full suite of guarantees that reflect their confidence. You receive live ad approval or a fee refund, account replacement within 24 hours, locked lifetime rates, and unused ad spend returned. The biggest highlight? A 60-Day Money-Back Guarantee if you find their service inconvenient, which ensures zero risk when you test their system.

With all these features and strong guarantees, Uproas makes scaling ads both powerful and stress-free. It’s a risk-free way to grow, knowing your investment is always protected.

Orange Trail

Orange Trail counts among the top choices for advertisers who want stability with scale. It offers everything you need to run campaigns with fewer risks, faster approvals, and direct support from platform reps.

For brands tired of sudden bans or waiting weeks for account warming, Orange Trail provides whitelisted agency ad accounts for Facebook and other global platforms with unlimited spend from day one. Onboarding is quick, with accounts shared in just 24 hours, which is pretty fast compared to most competitors.

The Osun State House of Assembly has warned commercial banks operating in the state against granting access to unauthorised signatories to allocations meant for local government areas.

The warning was part of the resolutions adopted by the Assembly at its sitting on Monday.

The Chief Press Secretary to the Speaker, Olamide Tiamiyu, in a statement, said the lawmakers stressed that only duly authorised officers employed by the Local Government Service Commission are permitted to be signatories to local government accounts.

The resolutions said: ‘Any attempt by unauthorised persons to access local government funds is unlawful, unconstitutional, and of no legal effect. That all commercial and other financial institutions operating in Osun State are directed to comply strictly with this resolution, while government agencies are to ensure close monitoring and enforcement; ‘That any violation of this directive will be treated as aiding and abetting financial fraud and will attract full legal consequences under the law; and that this step is taken in the public interest to safeguard the resources of our local governments, ensure accountability, and guarantee that funds meant for grassroots development are protected from abuse or diversion.’

The Osun State chapter of the Nigeria Union of Local Government Employees had on Sunday alleged that the federal government disbursed six months’ allocations due to the state’s local governments into accounts opened by chairmen and councillors elected during the October 15, 2022, local government elections.

CBN, Accountant General deny release of withheld Osun LG funds

The Central Bank of Nigeria (CBN) and the office of the Accountant General of the Federation (AGF) have denied reports of the release of the withheld Osun State local government funds to the chairmen and councillors elected on the platform of the All Progressives Congress (APC) in 2022.

The two federal government agencies insisted that the claim of the release of the funds to the disputed chairmen and councillors whose tenure would expire on October 22 was at the realms of rumour.

CBN and OAGF made the denial when a lawyer to the Osun State Government, Musibau Adetunbi (SAN), told Justice Emeka Nwite of a Federal High Court in Abuja on Monday that the funds, which are a subject of litigation before his court, had been surprisingly released between Thursday and Friday last week, unlawfully to the APC chairmen, through the UBA.

In their reactions, Murtala Abdulrasheed and Tajudeen Oladoja, both SANs and representing CBN and OAGF respectively, denied that their clients have effected the release of the money to the APC local government chairmen as alleged by the Osun State Government.

Meanwhile, the court has fixed October 16 for ruling on the jurisdiction to hear the suit seeking to stop payment of Osun State local government funds to candidates elected under the All Progressives Congress (APC).

Justice Nwite on Monday adjourned the matter after taking arguments from lawyers.

Hoodlums suspected to be kidnappers have reportedly abducted two people between Akpanya and Magajia villages along the Lokoja-Abuja highway in the Kogi Local Government Area of Kogi State.

Locals said the suspected kidnappers invaded the town of Akpanya in the late hours of last Thursday and kidnapped two people, a man and a woman, after shooting sporadically to scare people away.

‘The gunmen invaded the house of a Gbagi business man at Akpanya around 8pm, shooting heavily into the air, making villagers scamper for safety. The Gbagi man is into cassava business in the community.

‘In the process, they overpowered him and took him along with a woman who is heavily pregnant into their vehicle and zoomed off. ‘On their way out of his compound, the Gbagi man ‘disappeared’ into a nearby gutter. They searched unsuccessfully to get him back. Frustrated, they dropped the kidnapped pregnant woman because of her condition and left.

‘While on their way, the hoodlums sighted two men and forcefully abducted them at gun point to an unknown location,’ said Danladi Abubakar from Magajia, a neighbouring Akpanya village.

Another source from the community said one of the victims, identified as Jimoh Adewale, works at a cassava processing company at Jamata, Koton-Karfi.

He was said to be on his way to resume night duty at the company with another person when the hoodlums intercepted, and whisked them away.

‘News making the rounds in the community is that their abductors are demanding more than N60m ransom for their freedom,’ said another person who simply wants to be identified as Idris from Akpanya village.

Efforts were made to reach the state’s police command’s Police Public Relations Officer (PPRO), SP William Aya, but he failed to respond to an inquiry in texts and calls as of press time.

The All Progressives Congress (APC) has fixed prices for its expression of interest and nomination forms for the governorship election in Osun State.

The form goes for N10 million and 40 million respectively.

Recall that the Independent National Electoral Commission (INEC), has fixed August 8, 2026, for off-season governorship election.

Following this, political parties have commenced preparations to field candidates for the election.

The APC in its schedule of activities and timetable for the election signed by its national organising secretary, Sulaiman Argungu, disclosed that delegates congress would hold on December 9, while the party’s primary poll will hold on December 13, 2025.

The party said the sale of expression of interest and nomination forms would commence on November 12 and end on November 26.

It said female aspirants and People With Disability (PWD) would purchase the expression of interest form, while the nomination form would be issued to them at no cost.

Youths between the ages of 25 and 40 were also given a preference of 50 percent discount for the nomination form.

Maxi doge (MAXI) price prediction keeps running into the same problem, with hype-driven speculation outpacing real fundamentals. PEPENODE updates show solid presale momentum, but questions remain on whether its mining-game setup can hold long-term attention. So here’s the question: what happens when a project isn’t just marketing features but is actually chosen by a global performance brand that lives on precision?

That’s where BlockDAG comes in. Unlike the others, it’s proving itself in real-world tech environments where only speed and scalability matter. With its presale already raising over $410 million and recognition from BWT Alpine F1® Team, BlockDAG is moving beyond noise into measurable results. For anyone scanning the market for the best crypto presale, this is the kind of validation that counts, showing why it looks far stronger than meme-fueled or gamified tokens.

BlockDAG’s F1® Partnership Turns Tech Into Proof

When a Formula 1® team like BWT Alpine chooses a team partner, it is not about logos on cars; it is about proving the tech can meet unforgiving performance standards. BlockDAG has crossed that line. Its architecture is being recognized for speed, scalability, and precision, the very qualities F1 engineering demands. That makes this deal far more than a sponsorship; it is confirmation that the network is ready for real-world deployment where failure is not an option.

This kind of recognition changes how holders should look at presales. Many tokens are fueled by marketing pushes, but few have technology robust enough to integrate into one of the world’s most advanced sports. BlockDAG’s validation in Formula 1® puts it ahead of competitors, showing why it deserves attention as the best crypto presale instead of just another speculative play.

The numbers back it up. The BDAG coin is priced at just $0.0013 for a limited time, while its presale has already raised over $410 million. More than 312,000 holders have joined in, and $40 million has been poured in during the past month alone, averaging $1 million a day. On top of that, over 20,000 X-Series miners have been sold, and the X1 app has onboarded more than 3 million users mining daily. These are not promises; they are working systems.

For holders, that means entry at presale is not just about hype; it is about getting in before recognition like this propels valuations higher.

Maxi Doge (MAXI) Price Prediction and Current Standing

Maxi Doge is priced at just $0.00000028 USD on Coinbase-Singapore, with a circulating and max supply of roughly 420.69 billion MAXI. Its 24-hour trading volume is small, around S$65.59, while the market cap sits near S$116,860. When compared to projects like BlockDAG’s presale, Maxi Doge lacks large-scale partnerships or technology validation. That makes it more of a high-risk meme play than a serious contender for the best crypto presale category. Still, meme coin investors sometimes bet on small catalysts, viral trends, influencer mentions, or sudden retail activity to create short bursts of upside. If such triggers occur, the Maxi doge (MAXI) price prediction could point upward, though the risk of stagnation remains equally strong.

PEPENODE Updates and Presale Growth

Recent PEPENODE updates show the project raising more than $1.2 million in its presale, with tokens priced around $0.001066 each. The supply sits at 210 billion tokens, with a structure where about 70% of tokens spent on node upgrades and in-game refinements get burned, tightening circulation. This ‘mine-to-earn’ setup lets users purchase and upgrade virtual mining nodes, turning gameplay into a deflationary loop.

The question is whether these mechanics make PEPENODE one of the best crypto presale choices or just a speculative gamble. With staking rewards offering attractive APYs and growing community engagement, PEPENODE updates give reasons for optimism, but sustainability depends on user retention beyond presale hype.

Why BlockDAG Leads the Best Crypto Presale Race

The latest on Maxi Doge (MAXI) price prediction shows a token with ultra-low value and thin trading volume, leaving it vulnerable to volatility without a strong support base. Meanwhile, fresh PEPENODE updates confirm more than $1.2M raised in presale with tokens at $0.001066, showing traction but still relying on gamified mechanics to keep interest alive. Both have potential in niche areas, but they face questions around stability and sustained growth.

BlockDAG is different. Backed by a live partnership with BWT Alpine F1® Team, its recognition is built on proven speed, precision, and scalability rather than hype. With more than $410M raised, 312,000 holders, and hardware plus mobile mining already operational, it looks less like a gamble and more like infrastructure in action. For those hunting the best crypto presale, BlockDAG is the project showing why real validation matters.

Hon Oyetunde Ojo, Chairman Board of Directors, FHA Mortgage bank Ltd, and the Managing Director; Federal Housing Authority, on Tuesday 30th September, 2025, commissioned the head office complex of the bank, located at at plot 52, 3rd Avenue, Gwarimpa Estate, Abuja.

In his address during the ceremony, the Managing Director of the bank, Dr. Hayatudeen Atiku Awwal, described the building as not just a structure, but a symbol of what FHAMB has become.

In his words ‘This purpose – built edifice provides everything a modern mortgage bank requires’. According to the MD, the bank complied with all FHA Development Control Checklist and secured approval, and comprises of a contemporary banking hall and service center, Executive suites and Boardroom, cutting – edge IT infrastructure, Staff welfare facilities and self-sufficient energy – dependent Hybrid Solar Powered System.’

Speaking further, Dr. Hayatudeen described the complex not only comprising of concrete glass and still but represents hope and stability.

He said, ‘This building is not solely comprised of concrete, glass, and steel. It also represents concepts such as hope, stability and trust. It is a tangible expression of FHAMB’s journey from humble beginnings to a strong, credible and impactful mortgage institutions.’

He asserted more that the structure is a foundation for operational efficiency, customer confidence, and future expansion.

According to him, ‘most importantly, it is a statement that FHAMB is here to stay, to serve, and to build’.

Enumerating some of the achievements of the bank, the MD noted that its customer base has grown exponentially, with thousands of families reached through mortgage financing, with loan approvals running into billions of Naira.

Through the National Housing Fund (NHF) window, the Bank the MD stated was able to secure approval N27 Billion on behalf of 3427 eligible Nigerians who are contributors to the sheme to own their own houses across the 36 states of the Federation, including the FCT, Abuja.

He noted also that through PENCOM RSA Window, the bank facilitated access to mortgages for over 6000 Nigerians within 24 months of its commencement, and through collaboration with Family Homes Funds (FHF) have assisted Nigerians to own houses in Asaba; Delta State, Gandun Sarki in Kano State, Gidan Iyali Millenium City in Kaduna State, Makun City in Ogun State, and Coal City View Estate; Enugu, in Enugu State.

For the bank’s future outlook, Dr. Hayatudeen stated FHAMB is targeting to be a National Licensed Primary Mortgage Bank, expand to at least 20 branches nationwide in the next two years, grow an active customer base of 100,000 families, scale loan portfolio to N100 billion in the medium term, launch diaspora mortgage products; giving Nigerians abroad the opportunity to own homes, back home.

In his remarks, The Chairman Board of Directors of the bank, and the Managing Director/Chief Executive of Federal Housing Authority, Hon Oyetunde Ojo commended the MD of the bank. Hon Ojo declared that Dr.Hayatudeen has lived up to all expectations.

In the words of Hon. Ojo, ‘he has not disappointed Mr. President, he has not disappointed the Minister and he has not disappointed me. He described Hayatudeen as a workaholic, ready and passionate to work, likening him as his twin brother.

Hon Ojo noted that the complex he was about to commission was one of the stalled projects he inherited as the MD of FHA and Chairman of the bank. He recalled that few weeks on assumption of duties, he directed the bank’s MD that he would be commissioning the building in the next one and half year, and today, that optimism has become a reality.

The Chairman stated that his coming as the Chair of the Board of the bank is not to take away its resources but to inject funds and leave a legacy for posterity.

Part of the bank’s success story. he said is freedom to operate, noting that he does not interfere with the running and operations of the bank to only act as a check and to provide help and direction when needed.

Hon Ojo stated that all efforts are been made to secure a national license for that bank and with FHA planning to commence nation wide housing construction, the bank would have branches in all the states the Authority have estates.

The Chairman also commended the efforts and dedication to duty of all the staff of the bank.

He noted that all what the bank had achieved were without Federal Government funding, but 100% funding by itself and FHA.

Dignitaries that graced the occasion include Representative of Federal Mortgage Bank of Nigeria (FMBN), Institute of Mortgage Brokers and Lenders, President Mortgage Banking Association of Nigeria and many others.

FHA Mortgage Bank was incorporated in 1997 as a wholly subsidiary of Federal Housing Authority.

It has branches in Wuse; Zone 5, Lugbe, Gwarinpa and Asokoro, all in Abuja

The crypto market continues to shuffle as the top crypto coins right now react to surging volumes, shifting sentiment, and key technical levels. XRP price declines have added pressure despite higher liquidity, while the latest Cardano (ADA) price drop underscores ongoing volatility across major altcoins. For many traders, these swings signal profit-taking and repositioning ahead of bigger moves.

But one project is growing as more than just another presale headline: BlockDAG (BDAG). With $415M raised at $0.0013 in Batch 30, confirmed miner shipments across the globe, its Awakening Testnet, and a multi-year BWT Alpine F1 sponsorship, BlockDAG is capturing attention beyond crypto circles. Buyers are now viewing it not only as one of the top crypto coins right now but as a competitor for long-term growth, with a realistic path toward the $20 target.

XRP’s Price Declines Among Rising Volumes

The spotlight remains on Ripple after XRP price declines saw it fall 6.32% in just 24 hours, sliding from $3.01 to $2.82. This pullback came even as daily trade volume surged nearly 94% to $6.52 billion, suggesting heavy profit-taking or strategic repositioning by traders. Despite this drop, XRP has still posted a 7.39% gain over the past week, proving resilience in a rough market.

XRP’s market capitalization currently sits at $168.3 billion, keeping it among the largest digital assets. Yet analysts warn that XRP price declines coupled with sharp volume spikes often signal instability, raising questions about whether buyers or sellers will control the next move.

Still, XRP maintains its reputation as one of the top crypto coins right now, with consistent institutional interest and cross-border utility.

Cardano Struggles With Heavy Selloff

Alongside XRP’s struggles, the Cardano (ADA) price drop has drawn significant attention. ADA plunged nearly 12% in a single day, falling to $0.7936, its steepest one-day loss since April. The move pulled Cardano’s market cap down to $30.3 billion, well off its all-time high of $94.8 billion.

In the past 24 hours, ADA traded between $0.7921 and $0.8875, with volumes at $1.36 billion, about 1% of the entire market’s liquidity. Over the past week, Cardano lost another 6.05%, cementing its reputation for volatility. Currently, ADA sits 74% below its all-time high of $3.10 from September 2021.

This Cardano (ADA) price drop reinforces that even top-tier altcoins are not immune to sharp selloffs. For ADA holders, maintaining support near $0.79 will be critical to preserving confidence among market roughness.

Full Throttle: BlockDAG’s F1® Edge and Miner Shipments Rev Up Adoption

While XRP price declines and the Cardano (ADA) price drop dominate short-term news, BlockDAG is busy proving its long-term credibility. The project has raised $415M in presale, currently priced at $0.0013 in Batch 30 with a confirmed $0.05 listing price, showing strong market sentiment.

The most powerful driver of momentum is BlockDAG’s multi-year BWT Alpine F1 sponsorship. As BWT Alpine’s Exclusive Layer One Blockchain Partner, BlockDAG branding will feature on F1® race cars, team merchandise, and fan simulators. Beyond visibility, the deal includes interactive fan zones, hackathons, and Web3 integrations, giving the project global cultural reach. CEO Antony Turner called it a showcase of DAG technology for billions, while BWT Alpine’s Flavio Briatore praised its transformative potential.

BlockDAG’s adoption extends beyond branding. Miner shipments are already rolling out worldwide, with X-Series devices supporting decentralization alongside over 3M X1 app miners. This hybrid Proof-of-Work and Proof-of-Engagement ecosystem strengthens scalability and security. On top of that, the Awakening Testnet has activated core blockchain functions, streamlined ledger upgrades, and introduced real-time explorer tools, demonstrating technical readiness before mainnet launch.

Together, these milestones position BlockDAG far ahead of many presale projects. With real adoption, institutional partnerships, and cultural integration, BlockDAG is now viewed as one of the most compelling top crypto coins right now, and its $20 target doesn’t look out of reach.

Final Word!

The latest volatility shows that even the top crypto coins right now face challenges. XRP price declines highlight short-term instability despite rising volumes, while the Cardano (ADA) price drop underlines how quickly sentiment can reverse. Both assets remain influential, but they are fighting to prove resilience in a choppy market.

BlockDAG, however, is pulling ahead with substance. With $415M raised, miner shipments already underway, a live Awakening Testnet, and its high-profile BWT Alpine F1 sponsorship, it is combining technology with mainstream visibility. This rare mix of adoption, credibility, and cultural integration is why traders see BlockDAG not only as one of the top crypto coins right now but as a project with a real chance at hitting $20.

For buyers, the message is clear: while XRP and Cardano go through price roughness, BlockDAG is already racing on the fast track to leadership.