Google, Facebook, others Pay N3.8tn Tax to FG – Report
Google, Netflix, Facebook, and other foreign companies operating in Nigeria paid N3.85tn in taxes to the Federal Government in the first nine months of 2024,[more...]
Top 10 Loan Apps in Nigeria And Their Interest Rates As of December 2024
The digital lending market in Nigeria continues to attract new players driven by the large pool of underbanked Nigerians seeking quick and collateral-free loans. Aside[more...]
CBN Sets Daily Cash Limit for POS Transactions at N100,000 Per Customer
The Central Bank of Nigeria (CBN) has introduced a daily transaction limit of N100,000 per customer for cash-out transactions conducted by Point of Sale (POS)[more...]
Nigeria Tops Global Online Dating Fraud Chart
Online dating fraud is a global issue, and now we have new data to back it up. A new study by the University of Bristol,[more...]
MTN Set To Secure Banking License
MTN has announced plans to secure a banking license once the South African Reserve Bank (SARB) opens up its national payments system to fintech and[more...]
Largest Crypto Bust: EFCC Nabs 600 Nigerians, 192 Foreigners
The Economic and Financial Crimes Commission (EFCC) has arrested 792 suspects for their alleged crimes of cryptocurrency investment fraud and online romance scams. The suspects[more...]
Lagos Tops List of African Cities With The Highest Rate of Children’s Online Harassments
In Lagos, 56% of teenagers 13-17 reported meeting people in person whom they had initially encountered online—a statistic that outpaced Lusaka (33%) and Juba (54%).[more...]
Real Reason Telegram Blocked 15.4 Million Groups, Channels
Messaging platform, Telegram, said it has blocked 15.4 million groups and channels in 2024 as part of an intensified crackdown on harmful content, including fraud,[more...]
Nigeria’s Inflation Rate Rises to 34.6% in November 2024, Highest in 26 years
Nigeria’s headline inflation rose to 34.60% in November 2024 reflecting a further surge in the costs of goods and services across the country. This is[more...]
CBN Slams ₦150 Million Fine On Banks Selling Mint Naira Notes To Hawkers
Nigeria’s Central Bank (CBN) has imposed a ₦150 million fine on deposit money banks and financial institutions caught selling newly minted banknotes to currency hawkers.[more...]
Amid Frosty Relationship; Mark Zuckerberg Donates $1m To Trump’s Inauguration
Meta owner, Mark Zuckerberg has dedicated $1 million to the inauguration funds of United States President-elect Donald Trump. Following the election, the tech giant’s boss,[more...]
Turkey Fines Google $75 Million Over Violations
Turkey’s competition authority has imposed a $75 million(2.61 billion lira) fine on Alphabet Inc.’s Google, accusing the company of abusing its dominant position in the[more...]
Top 5 Richest Film Producers in The World
The film industry is more than just storytelling; it is also a big business with some of the richest producers as key players. Some producers[more...]
Why TikTok is One Step Away From Being Banned
TikTok has lost its bid to strike down a law that could result in the platform being banned in the United States. A US appeals[more...]
Global Advertising Revenue Hits $1.1 Trillion in 2025
The global advertising industry is set for significant growth, with revenue projected to reach $989.8 billion in 2024 and surpass $1 trillion in 2025, a[more...]
Regulatory Breach: CBN Fines Opay, Moniepoint N1 Billion Each
The Central Bank of Nigeria has fined Opay and Moniepoint N1 billion each over compliance issues, sources told TechCabal on Tuesday. The CBN wielded the[more...]
Nigerian Police To Arrest Bank Customers Linked To Flutterwave’s ₦11 Billion Fraud
Nigerian police recently arrested several bank customers linked to fraudulent activities on Flutterwave’s platform and plan to apprehend 601 others suspected of receiving proceeds from[more...]
U.S. Elections, National Grid Top Nigerians’ Google Search in 2024
Google on Tuesday released its 2024 Year in Search for Nigeria showing the search for the U.S. elections, the new national anthem, and the national[more...]
Five African Countries With the Highest Number of Refineries
Africa is celebrated for its wealth of natural resources, yet their utilization remains a challenge, as many nations struggle to establish refineries capable of supporting[more...]
Countries That Has Imposed Strict Regulations on Children’s Social Media Use
Governments around the world are beginning to recognize the need to intervene in the digital space to protect children from the negative effects of social[more...]