Uber Exits Nigeria After 12 Years as Investment Priorities Shift
Uber’s 12-year Nigeria run is over. The exit leaves competitors, drivers and policymakers confronting what comes next in one of Africa’s largest consumer markets...
digital economy
HOUSE OF REPS WARNS EFCC: STOP PROFILING CRYPTO TRADERS AS FRAUDSTERS
The Nigerian House of Representatives has issued a direct warning to law enforcement agencies, telling them to stop profiling cryptocurrency traders as fraudsters. Lawmakers at Monday’s crypto regulation hearing said the era of “innovation by suspicion” must end — urging the EFCC and NFIU to evolve from intimidation to intelligent oversight....
HOUSE OF REPS WARNS EFCC: STOP PROFILING CRYPTO TRADERS AS FRAUDSTERS
Nigeria’s House of Representatives has warned security agencies against profiling cryptocurrency traders as fraudsters. At a landmark hearing in Abuja, lawmakers said innovation must be nurtured, not criminalised, urging regulators and law enforcement to balance vigilance with inclusion as the nation drafts its first legal framework for digital assets...
NIGERIA’S DIGITAL CURRENCY MOMENT — WHO REALLY WINS IN THE CASHLESS ECONOMY?
As Nigeria accelerates its cashless revolution — from POS caps and airport e-payments to fintech regulation and MSME funding — a deeper question emerges: Who really wins in this new digital order? For every leap in innovation, there’s a ripple in inclusion. And at the heart of it lies the balance between control and opportunity....
Telecom Shock: Nigerians to Pay More for Calls and Data as Senate Revives 5% Tax
Just months after a 40% tariff hike, Nigerians now face a fresh 5% tax on calls and data. Operators and consumer groups sound the alarm....