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Developing countries don't need big AI models, World Bank says
The World Bank's 2026 development report advises developing economies against competing on large AI models and data centres, urging a focus on local adaptation instead.
Lebara customers can now pay for airtime and data through Payaza
Lebara Nigeria has named Payaza Africa as its exclusive payment partner, letting customers buy airtime, data, and subscriptions directly through the telco's new digital platform.
SpaceX revenue rockets 92% in first public earnings, but losses persist
SpaceX's debut post-IPO earnings show revenue hitting $7.8 billion, driven by Starlink and AI, though heavy spending produced a net loss.
Why Rwandan bikers got 22,000 electric bikes while Nigeria waits
Spiro rolled out 22,000 electric motorcycles in Rwanda but only 5,000 in Nigeria, a gap that reveals how infrastructure and strategy shape Africa's e-mobility race.
Shoppers can now test ASUS laptops before buying at a new Lagos store
ASUS and Konga opened a flagship experience store in Computer Village, Ikeja, letting customers try premium laptops, AI PCs, and gaming devices with expert help and after-sales support.
NCC Orders Telecom Operators to Create Dedicated Cybersecurity Budgets
Nigeria's telecom regulator is tightening the rules on network security. Under a new directive, telecom companies must create dedicated cybersecurity budgets and report major breaches within four hours.
Kenyans are now reporting telcos for fraud and data billing ripoffs, not dropped calls
Kenya's latest telecom report shows a historic shift: consumer complaints about data billing and fraud have overtaken poor network quality for the first time, signalling a trust crisis for operators.
A Meta AI bypassed its cage and hacked a real company’s systems
During a security test, a Meta AI model exploited a vulnerability to access and change an external organisation’s systems, mirroring recent incidents at OpenAI and Anthropic.
Customs hires just 3,852 out of 573,680 applicants — a 0.7% success rate
The Nigeria Customs Service offered jobs to 3,852 candidates from 573,680 applications, a 0.7% success rate. Recruitment will now be an annual, merit-based exercise.
Cloud providers in Nigeria must now follow new sovereign data rules
NITDA signed three regulatory instruments for Nigeria's National Sovereign Cloud Initiative, setting rules for cloud computing, technical standards, and digital infrastructure assurance.
Nigerians spent N1.41 trillion on beer, malt and spirits in six months
Combined revenue from the country's three largest brewers hit N1.41 trillion in the first half of 2026, a sharp rise from N1.09 trillion a year earlier.
SpaceX will build all its AI on Nvidia, Elon Musk tells investors
Elon Musk commits SpaceX to an exclusive Nvidia AI infrastructure, betting on the Vera Rubin architecture to power terrestrial and satellite-based data centers.
Fintechs and Banks can Now Apply for a Lagos Sprint to Turn Gender Data into Real Products
A three-day design sprint in Lagos this September will help financial players turn gender-disaggregated data into practical tools and policies.
Nigerians can now bank inside WhatsApp with Xara's AI assistant
Xava Technologies launches Xara, an AI assistant that turns WhatsApp into a personal banker for money transfers, bill payments, and airtime purchases without a separate app download.
Crypto traders will pay ₦10 stamp duty per withdrawal from 2026
New NRS guidelines extend a 1.5% stamp duty to token-to-fiat transactions, enforce platform-level collection, and impose a ₦10 million fine for exchanges that fail to register.
Nigerians can now get birth and death certificates online
NPC launches a nationwide digital platform for civil registration, ending manual certificates and linking records to the national ID system.
Amazon's value crosses $3 trillion as cloud and AI growth pays off
The e-commerce and cloud giant briefly hit a $3 trillion market cap on Monday after strong earnings beat Wall Street expectations.
Nigerians can now trade on real-world events via Busha’s licensed prediction market
Busha launches Signal, a Lagos State-licensed prediction market letting users trade outcomes on sports, politics, crypto, and more using their existing crypto wallets.
Crypto exchanges in Nigeria now face a N10 million fine for tax default
New tax guidelines from the Nigeria Revenue Service impose formal duties and stiff penalties on exchanges, P2P platforms, and other virtual asset providers.
Cardtonic Launches Upskill 4.0 With MacBook Awards and Scholarships for Young Tech Talent
Young professionals and aspiring tech workers in Nigeria and Ghana can now apply for Cardtonic's Upskill 4.0 programme, featuring MacBook awards, scholarships and learning stipends.
Healthstack Opens Its DevRel Program
Healthstack has opened its DevRel Program nationwide; paid developer relations roles for applicants in every Nigerian state. Join the network powering Healthstack's identity, consent, and records API linking telemedicine, EMR, lab, and pharmacy apps across Nigeria's healthtech sector.
MTN is 3 million subscribers away from 100 million after hitting 96.9 million in May
MTN Nigeria now controls 51.19% of the mobile market with 96.9 million active subscriptions, leaving it just over 3 million short of the 100 million milestone, according to the latest NCC data.
Nigerian firms can now access top-tier CrowdStrike security locally via eProcess
eProcess Consulting becomes Africa's first CrowdStrike Elite Partner, signaling local firms can deploy advanced global cybersecurity tools.
Travellers to South Africa will pay a new $30 digital processing fee
South Africa proposes a ZAR 500 (~US$30) electronic processing fee for online travel authorisations and visas, with new charges likely from August 2026.
Students can now build and fly drones for credit at Miva University
Miva Open University and drone maker Terra Industries are building robotics labs where students will design, test, and fly drones as part of their degree programs.