YouTube’s New Policy Requires Creators to Disclose AI-Generated Content

To combat the rising issue of AI-generated content masquerading as reality, YouTube on Monday, announced a new requirement for creators. This announcement follows YouTube's previous commitment in November to implement…

Uche Nkenta By Uche Nkenta 3 Min Read

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How to update your JAMB subject combinations for UTME 2024

Are you gearing up for the 2024 Unified Tertiary Matriculation Examination (UTME)? If so, ensuring that your subject combination aligns flawlessly with your academic aspirations is paramount. Here’s a game-changing update you won’t want to miss: From March 14 to March 15,…

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Flutterwave appoints former CBN director, Dipo Fatokun as its new board chairman

Flutterwave, Africa's leading startup, has fortified its commitment to regulatory excellence by appointing Dipo Fatokun, a former director at the Central Bank of Nigeria (CBN), as its new board chairman. Fatokun brings a wealth of experience to his new role, with a…

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Binance is taking a Proactive approach to mend its relationship with Nigeria

Binance, the leading global cryptocurrency exchange, is taking proactive steps to mend its relationship with Nigerian regulatory authorities in light of recent government directives aimed at overseeing crypto transactions and regulating the dollar-naira exchange. Last month, the Nigerian authorities ordered the arrest…

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Nigeria, Ghana, South Africa, Ivory Coast, Liberia, and Burkina Faso hit with major internet outages

Several countries across Africa are currently experiencing a major internet disruption, causing inconvenience and hindrances to various sectors. Countries including; Nigeria, Ghana, South Africa, Ivory Coast, Liberia, and Burkina Faso have reported outages, raising concerns about the stability of internet infrastructure on…

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Guide on How to Join the Nigerian Customs Online Auctions

The Nigerian Customs Authority has created an e-Auction platform to dispose of overdue seized import items such as electronics, cars, and much more. This is a directive to combat the lack of land space to contain already seized goods and more imported…

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Empowering Women in the Digital Era: Oluremi Tinubu’s Vision for National Progress

As part of the national progress, the importance of technology in fostering gender equality cannot be overstated. Oluremi Tinubu, the wife of the Nigerian President, emphasizes the important role of technology in ensuring women's full participation in the digital revolution, a crucial…

3 Min Read

Youverify Secures $2.5 Million Investment to Fuel Expansion and Strengthen AML Compliance

Nigerian-based identity verification and anti-money laundering (AML) solutions provider, Youverify, has recently announced a new investment milestone. Elm, a leader in digital solutions based in Saudi Arabia, has committed $2.5 million to support Youverify's growth initiatives and enhance its AML capabilities. This…

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Access Bank PLC appoints Aigboje Imoukhuede as Non-Executive Chairman

The Access Corporation, Nigeria's leading banking entity, has appointed Aigboje Imoukhuede, the distinguished former CEO as the Non-Executive Chairman. This appointment follows the recent passing of Herbert Wigwe, Imoukhuede's esteemed colleague and former Group CEO, marking a poignant return to the institution…

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Nigeria demands Binance disclose its top 100 users in the country

Nigeria has intensified its efforts to regulate cryptocurrency activities within its borders, with recent reports indicating a focus on Binance, one of the world's largest crypto platforms. The Financial Times reported that Nigeria is actively seeking information from Binance concerning its top…

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Interswitch-M-Kudi Merger Paves the Way for Innovative Payment Solutions in Nigeria

Interswitch, the prominent Nigerian payments company backed by Visa, has officially merged with M-Kudi, a leading mobile money provider. The objective behind this strategic move is to secure a payment service bank (PSB) license from the Central Bank, marking a significant expansion…

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Former US agent and Binance executive detained in Nigeria

Tigran Gambrayan, a former US federal agent and American citizen, along with Nadeem Anjarwalla, Binance's regional manager for Africa based in Kenya, have been detained by the Nigerian government since February 26. Gambaryan, leading Binance's criminal investigations team, and Anjarwalla, Binance's regional…

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NIgeria to lose ₦1.8 trillion in tax debt if Canal+ buys MultiChoice

During a meeting at the Nigerian House of Representatives, Saidu Abdullahi announced to the congregation that there was a motive by a foreign entity to purchase the MultiChoice group and its subsidiaries in a mandatory takeover. The issue with this transaction to…

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SA Regulators: Canal+ Must Bid for MultiChoice Shares with 35.01% Stake

Although Canal+ has a 35.01% stake in the Pay-TV company, MultiChoice, the South African regulators have ordered the French media giant to acquire more shares of MultiChoice. The 35.01% stake owned by Canal+, makes the company the largest shareholder in the company…

1 Min Read

Nigeria Bolt drivers to get fuel and insurance discounts via Reward program

The ride-hailing platform Bolt Nigeria announced that as part of its updated rewards program, drivers will now receive discounts on fuel and insurance bills. This stems as a result of the rising cost of fuel in Nigeria affecting the operations of the…

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MTN Nigeria announces a ₦177.8b loss in 2023 record

MTN Nigeria Plc has just released its financial reports for the 2023 fiscal year, highlighting a ₦177.8 billion loss before tax. A report that shows the decline from the previous year’s ₦518.8 billion profit before the task. According to the report by…

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Nigerian Network Providers Block NIN Unregistered Sims

The Nigerian Communications Commission (NCC) has ordered all telecom companies in Nigeria to block the SIM cards of all users who have not linked their National Identification Number (NIN) to their line, starting from 28 February 2024. However, this is not the…

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LemFi Secures $33 Million in Series A Funding

Previously known as Lemonade Finance, LemFi has successfully raised $33 million in Series A funding to push its aim for global expansion. This was led on March 8, 2024, by Left Lane Capital, attracting investors like Zrost, Y-Combinator, Olive Tree, Global Founders…

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LemFi Appoints Ex OPay COO, Allen Qu, as Vice President of Growth

The Nigerian Co-founded financial tech company, LemFi, in an announcement today, appoints OPay’s ex-CO, Allen Qu as its Vice President of Growth. According to the FinTech company, Qu’s directive is to ensure the company’s Chinese expansion in the coming years. Having over…

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