Nigerian Senate Calls for Responsible Innovation in Fintechs, Tightens Regulatory Oversight
Stakeholders in Nigeria’s fintech sector have been urged to innovate responsibly as the Senate looks to strengthen regulatory oversight in…
Category: Technology
SERAP Urges Zuckerberg and Meta to Pay $220M Fine and Compensate Victims for Privacy Violations in Nigeria
The Socio-Economic Rights and Accountability Project (SERAP) has called for Mark Zuckerberg, the CEO of Meta Platforms, to immediately pay…
FG Raises Alarm Over Rising Cyber-Slavery Threats in West Africa
The Federal Government of Nigeria has issued a strong warning about the growing threat of cyber-slavery in West Africa, particularly…
FBI Reports $5.8 Billion in Crypto Investment Scam Losses in 2024, Elderly Most Affected
The FBI’s latest Internet Crime Complaint Center (IC3) report paints a dire picture of the growing threat of cryptocurrency-related scams.…
Zap Africa and Paystack: Trademark Dispute Sparks Debate on IP Awareness in Nigeria’s Fintech Scene
A brewing trademark dispute between crypto startup Zap Africa and fintech heavyweight Paystack is raising eyebrows and prompting questions about…
Nigerian Banks Redefine Profitability Through Digital Innovation and Non-Interest Income
In the face of Nigeria’s turbulent economic climate marked by inflation, currency devaluation, and regulatory shifts, leading banks are successfully…
MTN Tops Inward Porting Chart as 9mobile Bleeds Subscribers — NCC Report
The latest data from the Nigerian Communications Commission (NCC) shows a clear trend in Nigeria’s telecom space, MTN is winning…
Google Launches 2025 Startups Accelerator for AI Innovations in Africa
Google has announced the opening of applications for its 2025 Google for Startups Accelerator Africa program. This three-month initiative is…
NITDA Collaborates with Tech Stakeholders to Launch National Start-up Council
In a bid to foster a more robust entrepreneurial ecosystem, the National Information Technology Development Agency (NITDA) has announced a…
EU Slaps €700 Million Fine on Apple and Meta for Breaching Digital Competition Laws
In a significant move on April 23, 2025, the European Union fined Apple and Meta a total of €700 million…
OpenAI Eyes Chrome Acquisition Amid Google Antitrust Trial, Cites AI Competition Stakes
OpenAI has expressed interest in potentially acquiring Google’s Chrome browser if regulators force its sale, according to testimony from ChatGPT…
Flutterwave and Yellow Card Join Circle’s Global Payments Network to Boost Cross-Border Transactions with Stablecoins
Flutterwave and Yellow Card have officially joined the Circle Payments Network (CPN), a major step in transforming how cross-border payments…
Nigerian Insurance Sector Experiences 61% Growth in 2024, with Focus on Claims Innovation and Expansion
The Nigerian insurance industry has witnessed an impressive 61% growth as of the third quarter of 2024, as reported by…
Legend Internet Set to List 2 Billion Shares on NGX, Paving Way for Digital Growth in Nigeria
Legend Internet Plc is making headlines as it prepares to list 2 billion shares on the Nigerian Exchange (NGX) through…
Legend Internet to List Two Billion Shares on NGX, Marking Major Milestone for Nigerian Tech Sector
Legend Internet Plc is set to list two billion shares on the Main Board of the Nigerian Exchange Limited (NGX)…
Nigeria’s $630 Million Investment in Data Centres to Meet Surge in Internet Usage
As internet usage continues to soar, data centre operators in Nigeria are investing over $630 million to expand their facilities…
C2FO Secures $30 Million Funding to Expand into Emerging Markets with IFC Support
C2FO, a US-based working capital platform, has raised $30 million in funding to enhance its technology and expand its services…
SEC Cracks Down on Unregistered Investment Promotions by Influencers, Enforces New Securities Act
In a strong move to protect Nigerian investors, the Securities and Exchange Commission (SEC) has issued a stern warning to…
QED Investors Leads Stitch’s $55 Million Series B
Stitch just secured a massive $55 million Series B funding round, led by major global investors like QED Investors, Flourish…
Google Blocks 5.1 Billion Harmful Ads, Calls for Global Collaboration Against Online Threats
In its 2024 Ads Safety Report, Google revealed its significant efforts to combat online threats, blocking 5.1 billion harmful ads…
Nvidia Defends AI Chip Sales After Suspension of H20 Exports to China, Faces Congressional Investigation
Nvidia has stated that it follows U.S. government export laws “to the letter” after announcing a $5.5 billion loss due…
Nigeria and South Africa Sign Mining MoU to Drive Industrialization and Job Creation
Nigeria and South Africa have entered into a Memorandum of Understanding (MoU) to strengthen their mining sectors, aiming to accelerate…
Trump Signals New Tariffs on Smartphones, Computers, and Electronics
President Donald Trump has announced plans to impose new tariffs on imported semiconductors, with an announcement expected later this week.…
Google Cloud Stakes Its Claim in Enterprise AI at Next ’25 with Tools, Partners & Power Moves
At Google Cloud Next ’25, Google made it clear, it’s not chasing in the AI race anymore, it’s setting the…
Frustration grows amid prolonged network glitch
Since the federal government approved a 50% tariff hike in January 2025 to supposedly improve telecom services, Nigerians have been…
CBEX Collapse Triggers Urgent Calls for Stronger Regulation of Digital Asset Trading in Nigeria
The collapse of the CBEX digital asset trading platform has sparked widespread calls for more stringent government regulation of digital…
Google Launches Veo 2 AI Video Generator for Gemini Advanced Subscribers, Challenging OpenAI’s Sora
Google has officially launched Veo 2, an AI-powered video generation tool, available to subscribers of its premium Gemini Advanced plan.…
Nigeria and Sweden Launch EPICENTRE Innovation Hub to Boost Green, Digital Transformation
Nigeria is taking a big step toward a more sustainable, tech-driven future through a new partnership between 21st Century Technologies…
Nigerians Fear Losses as CBEX Investment App Locks Users Out Amid Crash Fears
In a distressing turn of events, Nigerian users of the digital investment platform CBEX are voicing their fears and frustrations…
Africa Sees 14% Surge in Spyware Attacks Amid Rising Cyber Threats — Kaspersky
Africa witnessed a 14% year-on-year increase in spyware detections targeting businesses between 2023 and 2024, according to new data from…