Nigeria

VAT and new processing fees, what is really going on in Nigeria?
Business, FinTech, Government, Internet, News, Politics
20th September 2019

The news cycle in Nigeria has been dominated lately by several regulations introduced by varying financial institutions. First, the Federal Inland Revenue Service (FIRS) announced a new 5% Value Added Tax (VAT) on all online transactions from January 2020. Then the federal government unveiled plans to increase the VAT paid on all goods services to […]


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 […]

Government, Internet, News, Policy, Politics
6th September 2019

Xenophobic attacks have dominated the headlines this week after the latest wave of anti-immigrant violence rocked South Africa. Shops belonging to foreigners have been vandalised and looted with buildings also set ablaze. The unrest which began on Sunday in Johannesburg has since spread to Pretoria, leaving five people dead and at least 300 arrested, police […]


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