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News from the tech and telecoms sector in Nigeria

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.
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.
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”.
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.
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. 
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.
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. 
Huawei to rival Android with new operating system amidst US ban, Huawei

Huawei competes with Apple, announces release date for new smartwatch

Barely days after Tech Company, Apple released its new line of products, ranging from the iPhone 11 series to the Apple Watch Series 5, Huawei has announced the release date of its smartwatch. 
French Government addresses the danger of Facebook’s Libra

French Government addresses the danger of Facebook’s Cryptocurrency

Since Facebook’s cryptocurrency, Libra was announced about three months ago, it has faced a lot of distrust from several governments, bankers, politicians and regulators.
Google, Google updates user tools after probe against privacy rights

Just like Facebook, Google is under investigation 

Similar to what Facebook is again under probe for, emerging reports have it that Google is currently under antitrust investigations by the United States Government. 
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 

Here is why Facebook is under probe again

Facebook is entangled in another controversy as it is facing antitrust investigations by the United States Department of Justice.  
FBI's arrest of Invictus' Obinwanne Okeke stirs controversy

Caught in the buzz: The economics of Nigeria’s “Yahoo Yahoo”

Osaz, a former yahoo boy familiar with the operations of internet fraudsters, explained the sequence of activities to Nairametrics.
Cashless Policy, This is when CBN will cut Monetary Policy Rate – Emefiele, Nigeria’s External Reserves depleted by $2.9 billion, hit 10 months low , CBN to fight piracy in Creative Industry 

CBN seeks standard practice from fintech operators 

The Central Bank of Nigeria (CBN) has sought standard practice from financial technology companies (fintechs).
Another Yahoo downtime breeds fear 6-years after data breach affected 3 billion accounts 

Another Yahoo downtime breeds fear 6-years after data breach affected 3 billion accounts 

Yahoo Services have been down for hours today, Thursday. The technology company is currently experiencing a technical issue that has affected all its mail users globally, including Nigeria.
Accion Venture offers 30% of investment fund to African Fintechs driving financial inclusion

Accion Venture offers 30% of investment fund to African Fintechs driving financial inclusion

Another credit opportunity has been created for Fintech startups driving financial inclusion in Africa. The new credit facility worth $23 million was set up by Accion Venture Lab
Truecaller records 130% growth so far this year, Truecaller responds to breaching Nigerian’s privacy rights 

Truecaller records 130% growth so far this year 

Swedish mobile app, Truecaller’s subscribers' base has grown by 130% this year. The call identity app added one million subscribers globally to its paid subscription service, Truecaller Premium.