Author: Adefemola Akintade
Crypto scams: SEC targets Nigerian celebrities, influencers with new guidelines
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The Securities and Exchange Commission (SEC) in Nigeria has introduced stricter regulations to address the role of celebrities…
U.S. Judge reverses bail decision for alleged fraudster Bobo Chicago over concerns he will flee to Nigeria
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U.S. District Judge John F. Heil III has overturned the previous ruling granting bail to Bolanle Bombata, also…
First Bank sacks 100 high-ranking staff amid Nigeria’s economic woes
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First Bank has reportedly terminated the employment of 100 senior staff members, a move that underscores the worsening…
Tyme Group’s $250 million funding round makes it Africa’s newest unicorn
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Following the completion of its most recent investment round, which brought in a total of $250 million, the…
BCP Group partners Mastercard to enhance cross-border payment
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Through a partnership with Mastercard, the BCP Group will use the money movement capabilities offered by Mastercard Move…
Kenyans to enjoy easy grocery shopping from Bolt
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With the opening of Bolt Market, a new grocery delivery service in Nairobi, Bolt, a mobility platform well-known…
Cauris Finance partners with U.S. investor to unlock Africa’s economic potential
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Cauris Finance has closed a $40 million financing debt facility with an institutional investor headquartered in the United…
FBI traces Bobo Chicago’s $2.8m scam to African Shrine; Wale Ogundana’s nightclub licence revoked
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Agents of the U.S. Federal Bureau of Investigation have exposed a web of fraud connecting suspected Nigerian scammer…
Nigeria’s currency crisis forces MVX to suspend operations, highlighting strain on tech startups
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MVX, a digital goods and trade financing company based in Nigeria, has suspended operations, further highlighting the growing…
VunaPay clinches top prize at Latitude59 in Nairobi, set to represent Kenya in Estonia
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Kenyan fintech company VunaPay, which facilitates quick and seamless payments for farmers, emerged victorious at the Latitude59 Pitch…
