Internet fraudsters

FBI announces arrest of 167 alleged fraudsters in Nigeria in anti-fraud operation

Business, ecosystem, FinTech, Government, Internet, Mobile, News, Policy, Technology

11th September 2019

The Federal Bureau of Investigation (FBI) has arrested 281 individuals, including 167 in Nigeria, for their involvement in fraudulent business email compromise (BEC) schemes, the agency announced recently. Working with over 12 agencies across multiple countries, the FBI disclosed that the latest arrests are part of Operation reWired, a four-month international operation “designed to intercept […]

More From TC

Artificial Intelligence: how are the smartest African companies using it?

Developers, ecosystem, Gadgets, Mobile, News

Abubakar Idris

24th February 2020

Artificial intelligence(AI) is one of the most trendy topics in the global tech scene today. AI combines data and algorithms to make decisions and solve problems. In terms of aspiration, AI is supposed to model the human brain and how we think, feel and approach issues.

Is the coast clear for Lagos’ bus-hailing startups?

Features, Logistics & Transport

Kay Ugwuede

24th February 2020

Transport in Lagos is big business. With its 21 million people always crisscrossing for work and play, every vehicle that carries Lagosians from point A to point B is potentially a money spinning venture both for the business owner and the state. With its consortium of transport mediums—buses, private cars, kekes, taxis, motorcycles, skating boots, […]

Is Africa the next frontier for emerging technologies?

ecosystem, startups

Kay Ugwuede

21st February 2020

For every bad rep the African continent gets in terms of its politics, infrastructure shortcomings and poor socioeconomic systems, its technology industry gets a double dose of the opposite. From a gamut of technology startups innovating for some of the continent’s dire infrastructure challenges to a constantly growing community of hubs and enabling programmes, even […]

How businesses and governments should embrace AI and Machine Learning

Technology

Alexander O. Onukwue

21st February 2020

The ability to make good decisions is literally the reason people trust you with responsibilities. Whether you work for a government or lead a team at a private company, your decision-making process will affect lives in very real ways. Organisations often make poor decisions because they fail to learn from the past. Wherever a data-collection […]

Nigerian non-profit accelerator, DevCareer gets $6,000 boost from Jack Dorsey to train developers

Features

Olumuyiwa Olowogboyega

20th February 2020

DevCareer, a nonprofit tech company supporting the rising tech ecosystem in Africa has raised $20,000, with a $6,439 donation from Twitter’s Jack Dorsey.

Artificial Intelligence: the urgency for Africa

African Tech Roundup

Alexander O. Onukwue

20th February 2020

With more than 2000 spoken languages, Africa’s linguistic diversity is second only to Asia. A third of the world’s languages is spoken by the 1.2 billion people living within her 54 countries. But the language of artificial intelligence is yet to gain fluency. It has become hackneyed to weave AI into every conversation about technology […]

How Paystack and Flutterwave crashed the Racksterly ponzi scheme in Nigeria

Business, ecosystem, FinTech, News, startups

Abubakar Idris

19th February 2020

Here’s the Racksterly story: a ponzi scheme that grew quietly on Facebook during the last half of 2019. It collapsed in January after Flutterwave and Paystack blocked it from accepting payments from subscribers.

The Asian example: how to regulate okada in Lagos

Business, ecosystem, Government, Mobile, News

Abubakar Idris

19th February 2020

The bike hailing innovation is not unique to Lagos. The service originated from Southeast Asia, an emerging market that shares many characteristics with Lagos and Nigeria. In this region, bike hailing faces similar regulatory challenges. But things are more progressive.

internet fraudsters