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Saturday, 1 November
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Top News

PayPal faces a new wave of fake invoice scams just days after announcing its partnership with OpenAI. Cybercriminals are using real PayPal email accounts in a sophisticated TOAD attack to steal user credentials and payment details.Fake Invoice Alert: PayPal Hit by TOAD Cyberattack Days After OpenAI Partnership
MTN partners with Microsoft to launch EVA 3.0, a next-generation cloud analytics platform built on Microsoft Azure. The upgrade enhances customer experience, boosts operational efficiency, and supports responsible AI in South Africa and beyond.MTN Completes Major Cloud Modernisation with Microsoft, Launches EVA 3.0 in South Africa
The SEC has revealed that Nigerians lost ₦300.2 billion to Ponzi schemes like MMM, MBA Forex, and Famzhi Interbiz Ltd. The commission warns that actual losses may be higher due to unreported cases and online scams.Nigerians Lost Over ₦300 Billion to Ponzi Schemes in Recent Years – SEC Reveals
PayPal is integrating with ChatGPT through the Agentic Commerce Protocol (ACP) to enable seamless in-chat payments by 2026. Here’s how Nigerians can benefit — and the major limitations they still face.PayPal Adopts Agentic Commerce Protocol to Power Payments in ChatGPT by 2026 — What It Means for Nigerians
The Digital Runway: Fashion in the Age of Search The surge in Google fashion searches demonstrates how Nigerians are using digital platforms to explore, create, and share their evolving sense of style. With fashion inspiration just a search away, the country’s youthful and connected population is driving a digital fashion renaissance — one that bridges the past and future, tradition and innovation. As Lagos Fashion Week unfolds, one thing is clear: Nigeria’s fashion story is being rewritten — online, on the runway, and in everyday wardrobes.Nigerians Are Reviving Heritage Fashion: New Google Search Trends Reveal Vintage and Cultural Comeback
PayPal faces a new wave of fake invoice scams just days after announcing its partnership with OpenAI. Cybercriminals are using real PayPal email accounts in a sophisticated TOAD attack to steal user credentials and payment details.Fake Invoice Alert: PayPal Hit by TOAD Cyberattack Days After OpenAI Partnership
MTN partners with Microsoft to launch EVA 3.0, a next-generation cloud analytics platform built on Microsoft Azure. The upgrade enhances customer experience, boosts operational efficiency, and supports responsible AI in South Africa and beyond.MTN Completes Major Cloud Modernisation with Microsoft, Launches EVA 3.0 in South Africa
The SEC has revealed that Nigerians lost ₦300.2 billion to Ponzi schemes like MMM, MBA Forex, and Famzhi Interbiz Ltd. The commission warns that actual losses may be higher due to unreported cases and online scams.Nigerians Lost Over ₦300 Billion to Ponzi Schemes in Recent Years – SEC Reveals
PayPal is integrating with ChatGPT through the Agentic Commerce Protocol (ACP) to enable seamless in-chat payments by 2026. Here’s how Nigerians can benefit — and the major limitations they still face.PayPal Adopts Agentic Commerce Protocol to Power Payments in ChatGPT by 2026 — What It Means for Nigerians
The Digital Runway: Fashion in the Age of Search The surge in Google fashion searches demonstrates how Nigerians are using digital platforms to explore, create, and share their evolving sense of style. With fashion inspiration just a search away, the country’s youthful and connected population is driving a digital fashion renaissance — one that bridges the past and future, tradition and innovation. As Lagos Fashion Week unfolds, one thing is clear: Nigeria’s fashion story is being rewritten — online, on the runway, and in everyday wardrobes.Nigerians Are Reviving Heritage Fashion: New Google Search Trends Reveal Vintage and Cultural Comeback

Crypto

Conclusion: EU Pushes for Stronger Global Crypto Rules Christine Lagarde’s warning highlights the urgent need for tighter oversight of stablecoins to safeguard Europe’s financial system. By pushing for equivalence regimes and cross-border cooperation, the ECB aims to ensure that both EU and non-EU issuers play by the same rules. As stablecoins grow in adoption, the EU’s stance signals its determination to maintain financial security, investor trust, and the primacy of the euro in the digital economy.

ECB’s Lagarde Calls for Closing Loopholes in EU Stablecoin Regulation

European Central Bank President Christine Lagarde urges EU lawmakers to tighten stablecoin rules, calling for global equivalence standards to prevent financial risks from foreign issuers….

By: Wura Obadare

SEC warns Nigerians against unregistered trading platform CMTrading 

The Securities and Exchange Commission (SEC) has issued a public warning against CMTrading, a cryptocurrency and commodities trading platform, over concerns of fraudulent activities in…

By: IBK SEUN

Regulatory clarity is critical for Nigeria to fully capitalise on its Web3 potential,” the report states. Ultimately, the “Nigeria Web3 Landscape” report concludes that Nigeria’s Web3 ecosystem is on a strong growth trajectory, but its success depends on alignment between regulators, global protocols, and local talent. Hashed Emergent remains bullish on Nigeria, viewing it as a critical hub for Web3 innovation in Africa. The firm’s investment strategy focuses on early-stage founders, offering capital, strategic support, and access to a global network of investors and developers. “Nigeria’s momentum in Web3 adoption will not only shape the future of digital innovation locally but also serve as a catalyst, leapfrogging Africa to the forefront of the global Web3 economy,” Lee said.

Despite global distress, over 80 Nigerian web3 startups have raised $130m – report

Nigeria has solidified its position as Africa’s leading hub for Web3 innovation, with over 80 startups collectively raising $130 million and contributing 4% of the…

By: Emeka Nwachukwu

Nigeria’s crypto market surged to ₦75 trillion ($50 billion) in transactions between July 2023 and June 2024, far outpacing traditional investments and highlighting waning confidence in the capital market.

Despite clampdown, Nigeria emerges 2nd in global crypto adoption – Chainalysis

African countries behind Nigeria in the top 30 are Ethiopia, Kenya, and South Africa…

By: IBK

Tigran Gambaryan has been in detention since February

Tigran Gambaryan: Nigerian authorities drop all charges against Binance executive after 8 months

Tigran Gambaryan has been in detention since February…

By: IBK

‘We witness all-time high Bitcoin trading whenever govt tries to suppress us’ – Nigerian crypto leader

Right from the initial proliferation of Bitcoin, the government has always initiated policies aimed at stifling crypto adoption….

By: IBK

This isn’t the first time Nigerian young people would be adopting cryptocurrency for a national cause. In the wake of the #EndSARS protests of October 2020, a youth-led campaign against police brutality in Nigeria, donations were accepted through bitcoin, the world’s most prominent cryptocurrency. The Nigerian authorities, of course, kicked, insisting that cryptocurrency could be used to fund the insurgency in the Northern part of Nigeria. But for the young and Internet-savvy Nigerians, cryptocurrency offers the opportunity to bypass the troubles of the government-controlled traditional monetary systems. Basking with energy and a strong desire to change the country — which Peter Obi represents in their view — it will be no surprise if cryptocurrency is again embraced for political donations to make the Obi presidency a reality come 2023.

Court orders crypto company to pay N140m to EFCC for illegal USDT/Naira transaction

Last month, EFCC secured an order to freeze N548.6 million belonging to suspected crypto users…

By: IBK

ESET responds to EFCC’s arrest of 792 cryptocurrency fraud suspects in Lagos

During the raid, the EFCC seized computers, mobile phones, and vehicles…

By: IBK

Nigeria’s A&D Forensics become 1st African crypto firm to join global coalition

Notable blockchain and crypto investigation company A&D Forensics has joined the Crypto Market Integrity Coalition (CMIC). The company is the first African firm to join…

By: IBK

Two crypto exchanges refund N160 million over unathorised USDT deals in Nigeria

Two Nigerian crypto companies, Paparaxy Global Ventures Limited and Lemskin Technologies Limited have agreed to refund a sum of 160 million naira to the Nigerian…

By: IBK

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Feature Posts

The Digital Runway: Fashion in the Age of Search The surge in Google fashion searches demonstrates how Nigerians are using digital platforms to explore, create, and share their evolving sense of style. With fashion inspiration just a search away, the country’s youthful and connected population is driving a digital fashion renaissance — one that bridges the past and future, tradition and innovation. As Lagos Fashion Week unfolds, one thing is clear: Nigeria’s fashion story is being rewritten — online, on the runway, and in everyday wardrobes.

Nigerians Are Reviving Heritage Fashion: New Google Search Trends Reveal Vintage and Cultural Comeback

If your iPhone shows a “Slow Charger” warning after the iOS 26 update, don’t panic. Here are 8 key things to know about what it means, why it happens, and how to fix slow charging on your iPhone.

8 Things to Know About iPhone’s “Slow Charger” Warning — and How to Fix It

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