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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...]
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...]
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...]
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...]
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...]
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...]
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 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...]
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...]
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’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...]
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...]
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 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...]
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...]
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...]
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...]