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Pi network sets date for open Mainnet launch

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Pi Network is set to officially transition to its Open Network period of Mainnet at 8:00 AM UTC on February 20, 2025.

The launch is coming after years of anticipation and delays even as participants kept hope alive and continued with mining activities on the network.

The launch marks a significant milestone in the platform’s development, a testament to the dedication of the entire Pi community. After six years of hard work, the Pi community is now one step closer to realizing its vision of creating the world’s most inclusive peer-to-peer ecosystem.

The platform’s native token, Pi, is now ready to power a real-world utility-driven ecosystem where millions of identity-verified Pioneers can engage with the cryptocurrency in meaningful ways.

Pi Network has exceeded expectations, reaching 10.14 million Mainnet migrations, surpassing the original goal of 10 million. This milestone demonstrates the commitment of the community and sets the stage for the next phase of the network, with over 19 million verified Pioneers. As Pi prepares to open its utilities-driven ecosystem, the network will allow these Pioneers to utilize Pi in real-world applications, enhancing the platform’s utility and global reach.

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On the launch day, the Pi Network team will provide further details about the Open Network. For now, the community is encouraged to reflect on the progress Pi has made over the years. The journey to the Open Network has been marked by important phases, with each one building on the previous to ensure the network’s growth and sustainability.

The Mainnet Phase 3, which began in December 2021, started with the launch of the Enclosed Network period. During this time, Pi was live, but a firewall prevented external connectivity. This phase provided essential time for Pioneers to complete their Know Your Customer (KYC) process, developers to build apps, and the Core Team to release updates and improve network features.

A crucial milestone came in March 2022, when a new mining rewards issuance formula was introduced. This formula employed a declining exponential model designed to ensure a balance between network growth, scarcity, and rewarding Pioneers for their contributions. In July 2024, the Grace Period was enacted, offering more time for Pioneers to complete their KYC while maintaining urgency for migration. During this period, verified Pioneers who obtained Pi on Mainnet were able to engage in transactions within the network, which was further showcased during PiFest 2024. The event saw more than 27,000 sellers and 28,000 test merchants from 160 countries, with over 950,000 Pioneers participating.

The Open Network launch will introduce external connectivity, enabling Pi to interact with other compliant systems and networks. This will open up new opportunities for Pioneers and businesses. As part of this transition, Pioneers will be able to engage in transactions beyond the Pi ecosystem, further increasing Pi’s reach. Initially, only select Pioneers with strong historical contributions and high reliability scores will be invited to migrate their nodes from Testnet to Mainnet. Node rank data will be made public in due course.

To maintain a secure ecosystem, participation in the Mainnet blockchain will require KYC verification for individuals and KYB (Know Your Business) verification for businesses. Pi Network aims to be a safe Web3 space where verified individuals and businesses can interact seamlessly. Businesses will be able to apply for KYB verification, and once the Open Network launches, Pioneers can view a list of verified businesses on the Pi website.

As Pi Network enters the Open Network period, several conditions must be met. These include the completion of all necessary tech, product, business, and legal work. The network has successfully met all the required conditions, including surpassing the goal of 15 million identity-verified Pioneers, with 19 million Pioneers now verified. Additionally, over 10.14 million Pioneers have already migrated to Mainnet, and more than 100 Mainnet-ready apps are now available, exceeding the 100-app goal set for the launch.

Pi Network has officially reached all the conditions needed for the Open Network launch, and there will be no further delays due to external factors. Pioneers are encouraged to complete the KYC and Mainnet migration processes and to engage with Pi apps through the Pi Browser to help foster the development and utility of the ecosystem. Community developers are also urged to create new apps and refine existing ones to meet the network’s standards and contribute to Pi’s long-term success.

The Open Network period will bring new opportunities for both Pioneers and developers. Pioneers are urged to continue mining and making contributions to the network. They should also engage with Pi apps and support local commerce by using Pi for peer-to-peer transactions. Developers are encouraged to improve their existing Mainnet apps and develop new solutions that address the needs of the Pi community. As Pi Network enters this exciting new phase, all members are invited to collaborate to drive innovation and ensure the platform’s sustainability and growth.

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Dollar to Naira exchange rate today, September 23, 2026

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Naira rebounds to 1,275/$ at parallel market
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The Nigerian naira is trading at different rates against the United States dollar across the official Nigerian Foreign Exchange Market (NFEM) and the parallel market on Wednesday, September 23, 2026.

The latest available data show that the naira strengthened to N1,327.78 per dollar at the NFEM on Tuesday, from N1,329.80 recorded on Monday.

The latest movement represents a N2.02 appreciation by the naira against the dollar on a day-to-day basis.

In the parallel market, the dollar was quoted at about N1,389 on Tuesday, down from N1,390 recorded the previous day.

The parallel-market rate puts the gap between the official NFEM rate and the street-market selling rate at about N61.22 per dollar.

At the parallel market rate of N1,389, customers buying $100 would need approximately N138,900, while $1,000 would cost about N1.389 million.

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The exchange rate available to individuals and businesses may vary depending on the dealer, location, transaction size and prevailing market conditions.

The naira’s recent performance has come amid developments in Nigeria’s foreign exchange market, including changes in dollar liquidity and monetary policy.

The Central Bank of Nigeria has continued to monitor conditions in the foreign exchange market as the naira trades around the N1,300-per-dollar level at the official market. Reuters also reported in September that the naira had remained relatively stable, supported by central bank dollar sales and subdued import demand.

For Wednesday, September 23, the latest confirmed figures put the dollar at N1,327.78 at the NFEM and around N1,389 in the parallel market.

The rates could change during the day as demand and supply conditions shift across both markets.

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Enugu Air Launches New Website

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…moves online services to www.enuguairlines.ng

Enugu Air has announced the launch of its new official website, enuguairlines.ng, as part of efforts to provide passengers and customers with a better, safer and more convenient digital experience.

The airline said the migration to the new website is designed to improve how passengers connect with Enugu Air and access its services online, including flight bookings, schedules and the latest updates.

Announcing the development, the airline said: “We’ve moved! We’re innovating! We’ve migrated to a better, safer and convenient website to connect you to the world.”

Passengers can now access Enugu Air’s online services through its new web address, enuguairlines.ng, which the airline described as its new digital home.

The airline urged passengers and prospective travellers to save the new web address and use it for flight bookings, checking schedules and obtaining the latest information about its operations.

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“Same Enugu Air. New web address,” the airline stated, emphasising that the change represents an improvement in its digital platform while retaining the Enugu Air brand and services.

The airline further encouraged customers to visit, www.enuguairlines.ng for all flight-related information and online services.

It further stated that the old website, enuguairlines•com has been discarded and no longer in use.

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Nigeria records 8.51m terabytes of data use in first half of 2026

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Nigerian Communications Commission
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Nigerians consumed a record 8.51 million terabytes of data in the first half of 2026, underscoring the country’s accelerating shift toward a digital-first economy.

Data from the Nigerian Communications Commission (NCC) confirmed this. Specifically, in January, consumption was 1.385 million terabytes; February, 1.260 million terabytes and March, 1.422 million terabytes.

In April, consumption was 1.414 million terabytes. It climbed to 1.504 million terabytes in May and 1.532 million terabytes in June.

In 2025 alone, Nigerians consumed over 13.2 million terabytes of data, a 35 per cent increase from 2024, reflecting how connectivity has become essential for daily life.

The surge in consumption was driven largely by the twin giants of the telecom sector, MTN Nigeria and Airtel Nigeria, whose half-year reports revealed data services have firmly overtaken voice as the primary revenue stream.

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According to industry figures, average monthly data usage per subscriber rose sharply, reflecting the growing reliance on mobile broadband for work, entertainment, and commerce.

Streaming platforms, social media, fintech apps, and remote work tools have all contributed to the spike in demand.

MTN Nigeria reported that its 55.7 million active data subscribers consumed an average of 14.8 gigabytes per month, representing a 15.2 per cent increase year-on-year. Overall, MTN’s data traffic surged by 25.8 per cent across its network in the period.

This translated into a massive N1.70 trillion in data revenue, a 38.4 per cent jump compared to the same period in 2025. Data now accounts for more than half of MTN’s total service revenue, dwarfing its voice earnings of N993.5 billion, which grew at a modest 12 per cent.

Airtel Nigeria also posted strong numbers, recording N691 billion in data revenue ($507 million). While Airtel’s voice services contributed to a combined N1.42 trillion in voice earnings alongside MTN, the clear trend is that data has become the dominant driver of growth.

Together, MTN and Airtel generated N2.4 trillion from data services in H1 2026, cementing their role as the backbone of Nigeria’s digital economy.

MTN invested N620.5 billion in capital expenditure during the period, focusing on expanding 4G coverage, scaling 5G rollout, and strengthening fibre infrastructure. The company’s aggressive push into next-generation networks is aimed at meeting the surging demand for high-speed connectivity.

Airtel, meanwhile, faced challenges with fibre cuts and vandalism, forcing reinvestments to stabilize its network. The operator is blending 5G expansion with satellite partnerships to extend coverage into rural and semi-urban areas, where demand for reliable Internet is rising.

Despite these investments, many consumers continue to express dissatisfaction with service quality. Complaints of slow speeds, unstable connections, and high costs remain widespread, highlighting the gap between consumption growth and infrastructure capacity.

The NCC has repeatedly urged operators to deepen investments in fibre, towers, and spectrum to sustain the country’s digital transformation. Analysts note that the sector is undergoing a structural shift from voice-first to data-led growth, with internet connectivity now central to economic activity.

Industry experts predict that Nigeria’s data consumption will continue to rise exponentially as smartphone penetration increases and more services migrate online. The rollout of 5G is expected to further accelerate usage, enabling innovations in fintech, e-commerce, healthtech, and entertainment.

The consumption of 8.51 million terabytes in H1 2026 marks a historic high for Nigeria’s telecom industry. It reflects not only the appetite of a digitally hungry population but also the broader transformation of the economy.

With MTN and Airtel leading the charge, the challenge now lies in improving service quality, expanding infrastructure, and ensuring affordable access for millions of Nigerians. As data becomes the lifeblood of communication and commerce, the telecom sector’s ability to keep pace with demand will determine how effectively Nigeria harnesses the opportunities of the digital age.

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