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Sunday, 21 December
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Sunday, 21 December

Top News

Google has unveiled Gemini 3 Flash, a fast and efficient AI model designed for coding, reasoning, and interactive applications, replacing Gemini 2.5 Flash across Gemini and Search.Google Launches Gemini 3 Flash, High-Speed AI Model for Coding and Real-Time Apps
Technology lawyer Oladipupo Ige cautions that Nigeria’s tax data could face indirect exposure under the FIRS–France MoU, despite official assurances that data sovereignty remains intact.FIRS–France Tax Pact Triggers Fresh Questions Over Nigeria’s Data Sovereignty
A TLP Advisory report reveals Nigerian startups avoid NGX listings due to regulatory barriers, currency mismatch, undervaluation fears, and limited market liquidity, despite the launch of the NGX Technology Board in 2022.African Startup Funding Surges to $590m in November 2025 on Back of Major IPOs
Final Details Await Trump-Xi Meeting Bessent noted that while the framework is in place, the final details of the deal will be determined during a scheduled meeting between U.S. President Donald Trump and Chinese Premier Xi Jinping on Friday. The outcome of the discussions could mark a turning point in both U.S.-China trade relations and the future of TikTok’s global operations, which have been closely watched by regulators, investors, and millions of users worldwide.TikTok Nears U.S. Compliance After Reaching Restructuring Deal With Oracle, Investors
Coursera and Udemy have entered a $2.5 billion all-stock merger to combine their global e-learning platforms, boost AI-driven innovation, and scale workforce education worldwide.Coursera to Merge With Udemy in $2.5bn All-Stock Deal to Expand AI-Powered Learning
Google has unveiled Gemini 3 Flash, a fast and efficient AI model designed for coding, reasoning, and interactive applications, replacing Gemini 2.5 Flash across Gemini and Search.Google Launches Gemini 3 Flash, High-Speed AI Model for Coding and Real-Time Apps
Technology lawyer Oladipupo Ige cautions that Nigeria’s tax data could face indirect exposure under the FIRS–France MoU, despite official assurances that data sovereignty remains intact.FIRS–France Tax Pact Triggers Fresh Questions Over Nigeria’s Data Sovereignty
A TLP Advisory report reveals Nigerian startups avoid NGX listings due to regulatory barriers, currency mismatch, undervaluation fears, and limited market liquidity, despite the launch of the NGX Technology Board in 2022.African Startup Funding Surges to $590m in November 2025 on Back of Major IPOs
Final Details Await Trump-Xi Meeting Bessent noted that while the framework is in place, the final details of the deal will be determined during a scheduled meeting between U.S. President Donald Trump and Chinese Premier Xi Jinping on Friday. The outcome of the discussions could mark a turning point in both U.S.-China trade relations and the future of TikTok’s global operations, which have been closely watched by regulators, investors, and millions of users worldwide.TikTok Nears U.S. Compliance After Reaching Restructuring Deal With Oracle, Investors
Coursera and Udemy have entered a $2.5 billion all-stock merger to combine their global e-learning platforms, boost AI-driven innovation, and scale workforce education worldwide.Coursera to Merge With Udemy in $2.5bn All-Stock Deal to Expand AI-Powered Learning

Industry Analysis

Lagos put together e-hailing regulations back in 2020 but those guidelines might be due for a review

Lagos has existing cab-hailing regulations but they do not favour all stakeholders- Uber/Bolt drivers say

Lagos put together e-hailing regulations back in 2020 but those guidelines might be due for a review…

By: IBK

Climate Tech is not so much a ‘sector’ per se as it covers a wide range of use cases

Climate tech edges fintech, attracts 45% of Africa startup funding in 2024 so far

Climate Tech is not so much a ‘sector’ per se as it covers a wide range of use cases…

By: IBk

Strong human technology: how LAPO survives Nigeria’s crunching digital lending space

The LAPO chief said the company has a strong human technology that helps with strong KYC…

By: IBK

“Crackdown on Binance is right but the approach is wrong”- A chat with Oladotun Akangbe of Flincap 

Oladotun thinks that the Nigerian government needs to set up committees to study the industry and dialogue with stakeholders to determine the best approach to…

By: IBK

What Lies Ahead The government’s current position suggests India may continue with limited oversight rather than full-fledged regulation, balancing innovation with systemic risk management. Both the finance ministry and the RBI have yet to issue public comments on the latest developments.

Over $22bn was laundered through cryptos in 2023, but that figure is still far below cash- Chainalysis Report

A report from blockchain analytics company, Chainalysis has revealed a worrying trend in money laundering through cryptos as a whopping $22.2 billion was transferred into…

By: IBK

Cisco to lay off over 4,000 workers globally

Network equipment maker, Cisco, has announced plans to lay off more than 4,000 workers, representing 5% of its 85,000 global workforce….

By: Wura Oba

Nigerians are looking for useful investment portfolios and platforms to preserve their hard-earned money in a macroeconomic environment currently witnessing one of its worst trends in the last decade based on useful economic indicators and indices.

N900 million minimum capital for IMTOs, here’s what the new CBN requirements mean for players

In a revised guidelines document released on Wednesday, the Central Bank of Nigeria (CBN) has established a minimum operating capital requirement for International Money Transfer…

By: IBK

One of the issues that have always plagued the burgeoning crypto industry is hacks and exploits. To cap off a memorable January of 2024, reports emerged yesterday that Ripple Executive Chairman, Chris Larsen suffered a $112 million exploit in his personal account. 

Global crypto community lost at least $210 million to hacks in January 2024

One of the issues that have always plagued the burgeoning crypto industry is hacks and exploits. To cap off a memorable January of 2024, reports…

By: Author Africa

As of 2021, the country has a total of 191.4 million bank accounts, with 133.5 million actively in use…

CBN lifting the crypto ban and what it means for Nigerian crypto users

The journey from the imposition of the crypto ban in February 2021 to its removal in December 2023 reflects the dynamic nature of the crypto…

By: IBK

Internet monitor NetBlocks confirms restricted access to X, YouTube, Instagram, TikTok, WhatsApp, and Facebook in Turkey amid opposition party rallies and heightened political tensions.

Global mobile app spending hits $171bn in 2023 fueled by social apps and creators

2023 witnesses a global surge in mobile app spending as the numbers reached a staggering $171 billion….

By: IBK

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Feature Posts

Technology lawyer Oladipupo Ige cautions that Nigeria’s tax data could face indirect exposure under the FIRS–France MoU, despite official assurances that data sovereignty remains intact.

FIRS–France Tax Pact Triggers Fresh Questions Over Nigeria’s Data Sovereignty

Detty December means more online activity—and higher data usage. Learn five effective ways to save mobile data, reduce spending, and stay connected throughout the festive season.

How to Save Mobile Data This Detty December: 5 Proven Tips to Cut Costs

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