Tag Archives: Nigeria

Google clamps down on illegal loan apps in Kenya, Nigeria • TechCrunch

Google clamps down on illegal loan apps in Kenya, Nigeria • TechCrunch

Google is requiring loan apps in Kenya to submit proof of license to operate in the country, failure to which they risk removal from Play Store, its digital distribution service. Those that have applied for licensing by Central Bank of Kenya, and can produce evidence of the same, may also be spared. Google’s action has, however, been sluggish, coming two months after the Digital Credit Providers Regulations took effect to protect borrowers from rogue apps, many… Source link

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Yahoo-Yahoo: NYSC reacts as court jails Corps member for two years over cybercrime – Daily Post Nigeria

Yahoo-Yahoo: NYSC reacts as court jails Corps member for two years over cybercrime – Daily Post Nigeria

The Management of the National Youth Sevice Corps, NYSC, has reacted to the conviction of one Christopher Adetuberu, over cybercrime-related issues. In a statement signed by Eddy Megwa, the NYSC Director, Press and Public Relations, Adetuberu’s action is disappointing and antithetical to what the NYSC stands for. The NYSC backed the court ruling, insisting that it would serve as a deterrent to other members of the Scheme and Nigerian youths in general, who may want to engage in such… Source link

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EFCC rescues 17-year-old abducted Yahoo apprentice from ritualists – Daily Post Nigeria

EFCC rescues 17-year-old abducted Yahoo apprentice from ritualists – Daily Post Nigeria

Operatives of the Economic and Financial Crimes Commission, EFCC, on Friday rescued an alleged kidnapped Yahoo-Yahoo apprentice, Destiny Peter, 17, from an apartment in Mpape, Abuja. EFCC in a statement said Peter was rescued after he reached them on its official Twitter handle, on July 1, reporting how some internet fraudster kidnapped him and intended to use him for rituals. He was asked to send his location and the anti-graft agency immediately mobilized a team of detectives to the area… Source link

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Nigeria looks to Europe for funding as Chinese lenders move away from costly projects in Africa

Nigeria looks to Europe for funding as Chinese lenders move away from costly projects in Africa

Nigeria is looking to Europe for funding to complete infrastructure projects such as railways, with a senior official in the West African nation saying Chinese loans are drying up. Analysts say Nigeria’s situation reflects a broader Chinese move away from funding these expensive projects in Africa, where China has provided hundreds of billions of dollars in loans to develop infrastructure as part of its Belt and Road Initiative. Last weekend, Transport Minister Rotimi Amaechi told Nigerian… Source link

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