ARCON Vetting Rules Squeeze Nigerian Businesses and Influencers

Nine months after ARCON tightened advertising vetting rules, businesses and influencers face delays, costs, and uncertainty. While aimed at curbing scams, the policy raises questions about enforcement effectiveness and stifles digital market agility.

EU Grants €22M for Nigeria's 90,000km Fibre Project

The European Union has approved a €22 million grant to support Nigeria's Project BRIDGE, a nationwide fibre-optic expansion initiative. The funding will complement an €86 million EBRD loan and expected support from World Bank and AfDB.

Top 10 Nigerian States With Highest Internet Users

NBS data reveals Nigeria's internet user distribution with Lagos dominating at 17.5 million subscribers, followed by Kano and Ogun states. Quarterly and yearly trends show mixed growth patterns across states.

FG Launches 2026 National Girls in ICT Competition

The Federal Ministry of Communications, Innovation and Digital Economy has opened applications for the 2026 National Girls in ICT Competition, targeting girls aged 10-16 nationwide to develop tech solutions and win prizes.

AfriChange UK Wins Best Fintech Website Award

AfriChange, a cross-border payments platform, has been honored with the Best Fintech Website/Platform award at the 2026 Fintech Awards in the UK, recognizing its innovation and impact on immigrant communities.

EU Investigates X Over Grok AI's Explicit Content

The European Union's privacy authority has initiated a formal investigation into Elon Musk's X platform concerning its Grok AI system generating sexualized content. The probe examines AI safety, user privacy violations, and compliance with EU digital regu

Nigerian Defence Startup Terra Industries Raises $34M

Nigerian defence technology startup Terra Industries has raised an additional $22 million, bringing its total funding to $34 million. Founded by young entrepreneurs, the company develops autonomous defence systems tailored for Africa's security needs.

Flutterwave Holds Over 50 Licenses Globally, CEO Says

Flutterwave CEO Olugbenga Agboola announced at the company's 10th anniversary that it is the world's most licensed non-bank entity, with over 50 licenses across 35+ countries and $50 billion in transactions processed.

Sanwo-Olu, Ndukwe Laud Flutterwave as Nigerian Global Fintech

Lagos Governor Babajide Sanwo-Olu and MTN Nigeria Chairman Dr. Ernest Ndukwe celebrated Flutterwave's 10th anniversary, hailing it as an international company made in Nigeria that has processed over $50 billion in transactions across 36 countries.

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