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Tips, information and tools for Nigerian Startups, Micro, Small & Medium Scale Businesses

Tech firm announces plan to launch payment service 

Tech firm announces plan to launch payment service 

Tech solutions company, Softcom has announced to launch Eyowo, a payment service. 
Twitter suspends 10,000 accounts globally 

Twitter confesses to illegally using users phone numbers and emails

Popular social media platform, twitter have tendered an apology after accidentally using phone numbers and email addresses for advertising.
Truecaller records 130% growth so far this year, Truecaller responds to breaching Nigerian’s privacy rights 

Truecaller responds to breaching Nigerians’ privacy rights 

Call filtering service, Truecaller has responded to NITDA’s probe on its alleged breach of privacy rights of Nigerians.
Facebook's cryptocurrency, Tech Hub, Here is why Facebook is under probe again, Facebook Accelerator Nigeria Opens with Season Two Bootcamp, Nigerian, Ghanian startups to participate in Facebook Accelerator Programme , Facebook acquires tech startup , Facebook deletes multiple accounts in Nigeria, others 

Facebook widens anti-fake news project to 10 more African countries 

Facebook has announced that it would expand its anti-fake news project aimed at combating fake news to 10 more countries.
FIRS could seal your office if you get these two notices

Withholding Tax: Beginners’ Guide For Small Businesses in Nigeria

Beginners' Guide For Small Businesses on Withholding Tax in Nigeria
financial security, Financing for Small Business, Financing for Small Business

Financing for Small Business

A small business is “small” with limited capitalization and fewer options to raise cash to finance operations.
Libra, Paypal drops out of partnership with Facebook’s Libra 

Paypal drops out of partnership with Facebook’s Libra 

Online payments company, Paypal has announced that it is no longer in partnership with Facebook’s Libra.
These 12 African startups selected for 2019 Series-A Venture Showcase 

12 African startups selected for 2019 Series-A Venture Showcase 

The Africa platform for startup funding, Venture Capital for Africa (VC4A) has selected the 12 startups that will be participating in its 2019 Series-A Venture Showcase. 
Facebook's cryptocurrency, Tech Hub, Here is why Facebook is under probe again, Facebook Accelerator Nigeria Opens with Season Two Bootcamp, Nigerian, Ghanian startups to participate in Facebook Accelerator Programme , Facebook acquires tech startup , Facebook deletes multiple accounts in Nigeria, others 

Facebook deletes multiple accounts in Nigeria, others 

Facebook has disclosed that it had deleted hundreds of pages, groups and accounts on its platforms for “coordinated inauthentic behaviour”.
Flutterwave emerges Y Combinator’s African most valuable startup 

Flutterwave emerges Y Combinator’s African most valuable startup 

Flutterwave has emerged as the most valuable company from Africa according to American seed accelerator, Y Combinator’s (YC) list.
Google, Google updates user tools after probe against privacy rights

Google updates user tools after probe against privacy rights

Google has updated privacy tools on its video streaming platform, YouTube and Google Maps.
CBN, Key lending rate, CBN to boost creative industry with N22 billion , CBN increases LDR to 65%, sets December deadline, External reserves drop by $3.2 billion in Q3’19 , Banks' loans to Oil and Gas, Power, other sectors drop by N411.8 billion 

CBN increases LDR to 65%, sets December deadline 

The CBN has issued a fresh circular mandating commercial banks operating in the country to lend out up to 65% of their customer deposits.
Tech founders raise funds to combat SARS’ extortion, harassment

Tech founders raise funds to combat SARS’ extortion, harassment

Following the harassment of a software developer by SARS officials, tech founders have resolved to raise funds to combat similar occurrences.
Facebook's cryptocurrency, Tech Hub, Here is why Facebook is under probe again, Facebook Accelerator Nigeria Opens with Season Two Bootcamp, Nigerian, Ghanian startups to participate in Facebook Accelerator Programme , Facebook acquires tech startup , Facebook deletes multiple accounts in Nigeria, others 

Privacy Breach: Facebook wins legal battle against investors 

What looked like a fresh mess for Facebook is no more as the social media company has won the dismissal of the investor lawsuit. 
OPay's Country Manager reveals banks that will fizzle out to MTN, other Fintechs 

OPay’s Country Manager reveals banks that will fizzle out to MTN, other Fintechs 

The Country Manager for OPay in Nigeria has said traditional banks should be worried about the Fintechs and Telecos certified by the CBN.
NCC moves to track cybercriminals 

NCC moves to track cybercriminals 

NCC moves to track cybercriminals 
Facebook acquires tech startup 

Facebook acquires tech startup 

Facebook has announced the acquisition of CTRL-labs, a tech start-up which specializes in the mind-controlling of machines.
Facebook's cryptocurrency, Tech Hub, Here is why Facebook is under probe again, Facebook Accelerator Nigeria Opens with Season Two Bootcamp, Nigerian, Ghanian startups to participate in Facebook Accelerator Programme , Facebook acquires tech startup , Facebook deletes multiple accounts in Nigeria, others 

Nigerian, Ghanaian startups to participate in Facebook Accelerator Programme 

Some Nigerian and Ghanian startups and students have been shortlisted to participate in Season 2 of the annual Facebook Accelerator Nigeria
Techpreneur launches TrainQuarters 

Techpreneur launches TrainQuarters 

Stephanie Obi has launched TrainQuarters to solve an age-long problem faced by modern content providers. 
Stay ahead of your competitors with these tips

Stay ahead of your competitors with these tips

You will only achieve success if you run your business on your own terms, and not fall prey to chasing after rivals in your industry.
IE University launches first Digital Venture Day in Africa 

IE University launches first Digital Venture Day in Africa 

IE University has launched its first African Digital Venture Day on Friday in Lagos to aid innovation among entrepreneurs in Nigeria.
Twitter suspends 10,000 accounts globally 

Twitter suspends 10,000 accounts globally 

Twitter has suspended 10,000 accounts globally for sharing disinformation and causing political unrest.
Fintech firm expands services, gets CBN super-agent license 

Fintech: CBN issues new license

The CBN has approved a super-agent licence to another financial technology company, Itex Integrated Services Limited.
Sterling Bank, Temitayo Adegoke succeeds Justina Lewa at Sterling Bank as she retires, MSMEs get N50 billion business support from Sterling Bank

MSMEs get N50 billion business support from Sterling Bank

In a bid to provide support for MSMEs in Nigeria, Sterling Bank has set aside a sum of N50 billion in loans.
reducing expenses

Beginners’ Guide: How to compute capital gains tax in Nigeria

Beginners' Guide: How to compute capital gains tax in Nigeria
Walt Disney Studios partners with Microsoft Azure on cloud innovation lab 

Microsoft announces partnership with Walt Disney Studios

Microsoft Corporation has announced a five-year partnership deal with Walt Disney Studios.
Survey unveils Elon Musk as the most inspirational leader in tech 

Survey unveils Elon Musk as the most inspirational leader in tech 

A recent survey has unveiled Tesla’s Chief Executive Officer and Billionaire, Elon Musk as the most inspirational leader in the tech industry at the moment. 
Apple iPhone 11, Tax battle: Apple challenges $14 billion court case 

Tax battle: Apple challenges $14 billion court case 

Tax battle: Apple challenges $14 billion court case 
FairMoney secures EUR 10 million seed funding, to widen mobile banking services in Nigeria 

FairMoney secures EUR 10 million seed funding, to widen mobile banking services in Nigeria 

A Paris-based fintech, FairMoney has just secured the sum of 10 million euros in seed funding to widen the company’s online lending services to more customers with the aim of becoming a holistic financial platform for underserved customers, in Nigeria. 
MTN Group Limited, MTN Nigeria to raise N100 billion through commercial paper , Will October be a month not to remember for MTN Nigeria? 

MTN Nigeria to raise N100 billion through commercial paper 

MTN Nigeria is seeking to raise a N100 billion through Commercial Paper (CP). The company's Head, Frontier Research, EFG Hermes, Kato Mukuru disclosed this during an interview with CNBC.