The US House of Representatives bill, which has imposed a 5% tax on remittances sent abroad by non-citizens, could significantly impact African countries, according to Techpoint Africa. “The One Big Beautiful Bill” was passed on May 22, 2025, by the US House of Representatives, backed by President Donald Trump, which includes a provision imposing a 5% excise tax on remittances sent abroad by non-citizens. The bill intends to create revenue and highlight immigration concerns by targeting outbound money transfers from non-citizens, including people with green cards and temporary visas. How the
Three Nigerian students from Caleb University have built an app to detect ripe Fruit. Harmony Abayomi, Frida Efod, and Chibuzor Nwachukwu have developed Valor, an AI-powered app designed to detect fruit ripeness, as BBC Africa stated. The Hackathon Abayomi, Efod, and Nwachukwu recently represented the Computer Science, Cybersecurity, and Software Engineering departments and took first place at Bell’s University Hackathon with their app, Valor. Writing on LinkedIn, Abayomi said, “My team from Caleb University took home the top prize with our web and mobile app, Valor. Our app uses the
Meta is facing backlash in Nigeria after a user found an in-app notification that was described as discriminatory. Techpoint reported that Nigerian Instagram user Daniel Adebowale shared a screenshot of his conversation partner on social media, telling him that the user “appeared to be in Nigeria” and urged the user to avoid sharing personal information unless they knew the person. The post caused an uproar on social media, as several Nigerian users accused Meta of unfairly targeting the country. Meta, however, denied the allegation, explaining that the alert was part
Meta is threatening to shut down Facebook and Instagram in Nigeria after losing a court appeal over $290 million in fines tied to regulatory and data privacy violations, the BBC reports. $290M in fines The showdown began in 2021 when Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) launched an investigation into WhatsApp’s updated privacy policy. The agency, along with the Nigerian Data Protection Commission (NDPC) and the national advertising regulator, accused Meta of multiple infractions. These include sharing user data without authorization, discriminating against Nigerian users compared to other
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has imposed a fine of $220 million on Meta and WhatsApp for breaching the country’s data protection and consumer rights laws. The fine was issued following a comprehensive investigation, which the Competition and Consumer Protection Tribunal upheld on Friday, 25 April 2025. It must be paid within 60 days, as stated by TechPoint. Why Meta must pay a $220 million fine? The FCCPC and the Nigerian Data Protection Commission (NDPC) identified several violations, including the unauthorized sharing of Nigerian users’ data, inadequate
The National Human Rights Commission (NHRC) of Nigeria has announced new plans to collaborate with technology companies to reduce potential harm from AI. NHRC’s Executive Secretary, Tony Ojukwu SAN, spoke about the duality of AI at a recent webinar hosted by the International Network for Corporate Social Responsibility (IN-CSR) and the National Information Technology Development Agency (NITDA). Nairametrics reported that Ojukwu, the leader of Nigeria’s human rights agency, said, “the NHRC will leverage tech companies to protect Nigerians from harm and discrimination associated with AI usage.” Working with tech companies
Adeniyi Abiodun, co-founder and CPO at Mysten Labs, announced that he and his wife, Gloria, are launching a $1.3 million endowment fund to help upskill aspiring tech talent in Nigeria. “It’s a milestone we’ve dreamed of, and now it’s real,” he wrote on X. “By 2040, Africa is set to have half the world’s working-age population. To really unleash that power, young people need access to quality training and opportunities, especially in fast-growing fields like AI and blockchain,” he adds. Helping young Nigerians upskill Nigeria is currently experiencing a shortage
The Nigerian parliament recently passed a resolution banning pornographic websites with immediate effect. The decision follows a motion presented by lawmaker Dalhatu Tafoki, who raised concerns about the accessibility of explicit content and its perceived impact on societal values, particularly among youth. Concerns over moral decline According to Peoples Gazette, Tafoki highlighted the psychological and social risks he believes are linked to exposure to pornography, citing global research by psychologists and sociologists. “Renowned psychologists and sociologists worldwide have issued strong warnings about the psychological, sociological, and mental consequences of consuming pornographic content,”
LoftyInc Capital Management has announced the first close of its third fund at $43 million. The LoftyInc Alpha Fund focuses on investments that will expand Africa’s most talented startups across key areas like Nigeria, Egypt, Kenya, and Francophone Africa. It has previously invested in notable startups such as Flutterwave, Andela, Wave Mobile, and RelianceHealth. This comes at a pivotal time, as investors were less active in Africa last year. In 2022, 28 were involved in over ten $100,000 deals, but this number dropped to 8 in 2024. LoftyInc has over
Nigeria is suing Binance for $79.5 billion in economic losses, which it alleges were caused by the cryptocurrency exchange’s actions in the country, and $2 billion in unpaid taxes, according to court documents seen by Reuters. Nigerian officials condemned Binance for Nigeria’s currency problems and detained two of its executives in 2024 following cryptocurrency websites emerging as preferred platforms for trading the local naira currency. Binance is one of the most significant crypto exchange currencies globally but is not registered in Nigeria. It did not respond to a request for
