Foreign Cybercrime Cells Thrive in Nigeria The Economic and Financial Crimes Commission (EFCC) has issued a stark warning about the burgeoning presence of foreign-led cybercrime cells in Nigeria. According to the EFCC, the leniency in visa regulations and loose rental regulations have created a fertile breeding ground for these criminal syndicates to operate with impunity. […]
Nigeria’s Homecoming Festival Partners with Nike and Stüssy
Nigeria’s Homecoming Festival Teams Up with Nike and Stüssy Nigeria’s Homecoming Festival, an annual celebration of streetwear, music, and art in Lagos, is gearing up for an exciting collaboration with global powerhouse brands Nike and Stüssy. This partnership will see the creation of exclusive capsule collections and merchandise for the upcoming edition of the festival, […]
African Sneaker Brands Go Global
African Sneaker Brands Go Global The sneaker industry has long been dominated by big players from the West, but a new wave of African sneaker brands is making its mark on the global stage. From big hitters to scrappy start-ups, companies from Kenya, Nigeria, Senegal, and South Africa are vying for a piece of the […]
Fake video claims Nigeria is sending troops to Israel
Fake Video Claiming Nigeria is Sending Troops to Israel Exposed A recent viral video claiming that Nigeria is set to deploy troops to Israel has been debunked by Nigerian authorities. The video, which spread like wildfire on social media platforms, sparked widespread concern and speculation. However, the Nigerian government was quick to address the issue, […]
Advancing digital identity in Africa while safeguarding sovereignty
Advancing Digital Identity in Africa: Striking a Balance Between Innovation and Sovereignty In the digital age, the concept of identity has taken on new dimensions, particularly in Africa where technological advancements are rapidly reshaping traditional norms. As nations across the continent embrace digital transformation, the issue of digital identity has come to the forefront, presenting […]
Nigeria launches AI Scaling Hub with Gates Foundation
Nigeria Boosts Innovation with Launch of AI Scaling Hub in Collaboration with Gates Foundation Nigeria has taken a significant step towards advancing its technological landscape with the recent launch of an AI Scaling Hub in partnership with the Gates Foundation. This strategic move not only aligns with Nigeria’s draft National AI Strategy but also bolsters […]
FCC to enhance security on foreign communications equipment
FCC to Enhance Security on Foreign Communications Equipment The recent declaration by the Nigerian government, categorizing telecom infrastructure as critical national infrastructure, highlights the growing need for enhanced security measures in the telecommunications sector. This move comes in response to the escalating incidents of vandalism and theft targeting communication equipment in the country. As nations […]
Nigerian court postpones Binance hearing over jurisdictional challenge
Nigerian Court Delays Binance Hearing Amid Jurisdictional Challenge The recent postponement of the Binance hearing by a Nigerian court has sparked renewed interest and debate within the cryptocurrency community. The world-renowned digital asset exchange, Binance, is currently contesting the court’s approval of substituted service, citing concerns that Nigerian authorities may have circumvented essential judicial procedures […]
The Retailers Unlocking Africa’s Luxury Market
The Retailers Unlocking Africa’s Luxury Market The African continent has long been a target for global luxury brands looking to expand their reach and tap into the growing consumer market. Traditionally, these brands have focused on establishing a presence in key markets such as South Africa, Nigeria, and Morocco through multi-brand stores. However, a shift […]
Nigeria demands $81.5 billion from Binance over taxes and currency impact
Nigeria’s Lawsuit Against Binance: Unpacking the $81.5 Billion Demand Nigeria, a country at the forefront of cryptocurrency adoption in Africa, has recently made headlines by filing a lawsuit against the global cryptocurrency exchange, Binance. The lawsuit, brought by Nigeria’s Federal Inland Revenue Service (FIRS), demands a staggering $79.5 billion in damages for alleged economic losses, […]