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FAAN Suspends Bolt Operations at Airport Pickup Zone Over Safety and Rule Violations
Nigeria's airport authority has suspended Bolt's airport operations at a major terminal. Read the reasons behind the decision and its impact on travellers.
GoLemon Shuts Down After Funding Efforts Fail, Leaving 33 Employees Without Jobs
Nigerian grocery delivery startup GoLemon has ended operations after unsuccessful fundraising efforts. The shutdown highlights the challenges facing e-commerce startups.
Africa Deep Tech Foundation Launches Laptop LLM Challenge
The Africa Deep Tech Foundation has opened applications for the Africa Deep Tech Challenge 2026, calling on engineers, researchers and startups to build AI language models that run fully offline on standard laptops. The competition offers over $20,000 in prizes and support to help winning teams grow
Naira Records Best Performance Against Pound in July
The naira posted its best level against the British pound this month, closing at N1,814 in the official market amid continued stability in Nigeria's foreign exchange market.
US Urges Nigeria, African Nations to Leave International Criminal Court
The United States has renewed its opposition to the International Criminal Court, calling on Nigeria and other African member states to withdraw as Washington increases pressure on the global war crimes tribunal.
Okonjo-Iweala and Cardoso to Lead Africa Emerging Markets Forum Amid Global Economic Uncertainty
Global and African economic leaders are set to meet in Abuja for two days of discussions focused on helping African economies navigate growing global uncertainty and create sustainable growth.
48 Nigerian Student Teams Advance in OPay Innovation Challenge
OPay selected 48 undergraduate teams from more than 2,200 applications for the next stage of its National Innovation Challenge. The teams enter a six-week virtual mentorship with OPay, Google and the federal 3MTT programme.
Nigeria Completes World-Class NTA Studio in Abuja Upgrade
Information Minister Mohammed Idris inspected the new NTA studio and National Press Centre renovations on July 27, 2026, calling them part of President Tinubu's modernization drive tied to the Digital Switch Over.
Developers gain open AI safety tools from Nvidia coalition
Nvidia launched the Open Secure AI Alliance on July 27, 2026 to share open tools for AI safety and cybersecurity. The move follows an OpenAI agent incident at Hugging Face.
AI spending fuels 120,000 tech job cuts in 2026
Global tech firms have eliminated roughly 120,000 roles this year, with AI infrastructure and restructuring cited as key drivers rather than financial distress.
Nigerian innovators gain Israel-backed i-FAIR slots from October 2026
Israel has secured funding for the fifth edition of its Innovation Fellowship for Aspiring Inventors and Researchers. The nine-month programme launches in October 2026 for Nigerian researchers and early-stage founders.
Nigerians can submit and track revenue ideas on new NRS portal
The NRS Ideas Gateway Portal launched on 24 July 2026, letting users submit ideas for the Nigerian Revenue Service and track every submission from start to finish.
Chimoney Founder Completes Payouts to All 31 After Exit
Uchi Uchibeke paid every investor, team member and backer following Chimoney's acquisition by CapitalSage, with four former colleagues securing UK Global Talent visas.
Herotel to launch Amazon Leo satellite internet in South Africa by 2027
Amazon Leo will enter South Africa through a partnership with Herotel, avoiding the 30% local ownership rules that have blocked Starlink. The service launches commercially in 2027 under the evry brand.
ALAT Business users gain Duplo tools to automate invoices and payments
Wema Bank has integrated Duplo’s finance software into ALAT for Business, letting Nigerian SMEs handle payments, expenses and compliant e-invoicing inside their banking app.
Musk predicts AI will exceed all human intelligence in 4 or 5 years
Elon Musk stated on X that AI probably exceeds the sum of all human intelligence in 4 or 5 years. The remark updates his earlier forecasts and reaches African tech audiences via local outlets.
US bars visas for cybercrime suspects and families
Secretary of State Marco Rubio announced a new global visa restriction policy on July 23, 2026, targeting those involved in cybercrime, cyberscams, and sextortion.
Patreon cuts 93 jobs in 20% workforce reduction
Patreon lays off 20% of staff, or 93 employees, in restructuring tied to AI shifts and cost adjustments.
Nigerian tech builders can apply for fourth NCC hackathon
The Nigerian Communications Commission opened calls for its Hackathon Live Show fourth edition, extending a series of regulator-run challenges that have awarded grants and accelerator spots to local startups.
Kogi youth gain digital skills training to steer clear of cybercrime
NITDA and Kogi State will collaborate on digital literacy, cybersecurity awareness and youth capacity building to direct young people toward productive digital careers instead of internet fraud.
Court Upholds Nigeria Digital Lending Rules, Bars FCCPC from Telecom Licensing
A Lagos court upheld the FCCPC's 2025 DEON Regulations but ruled the agency cannot license telecom firms or oversee airtime lending, restoring enforcement powers.
Migrant workers gain faster, cheaper transfers as LemFi adopts stablecoins
LemFi partners with BVNK to settle remittances on stablecoin rails, cutting costs for its two million users without changing how they send money.
Lagos electricity customers must still pay old debts despite new 12-month rule
LASERC clarified its 12-month billing limit targets future unmetered charges only and leaves all prior debts intact.
Elon Musk Calls Himself '(Former) Trillionaire' as SpaceX Shares Slide
Elon Musk posted '(Former) trillionaire' on X after SpaceX and Tesla stocks plunged, erasing over $130 billion from his net worth in one week and dropping him below $1 trillion.
Zuckerberg reclaims fifth-richest spot after Dell shares drop
Forbes data shows Mark Zuckerberg edging Michael Dell by roughly $1 billion in net worth as Dell Technologies stock falls 3.3 percent.