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Truebit Token Plunges 99.9% After $26.6 Million Ethereum Exploit Wipes Out Liquidity

Truebit’s TRU token has crashed nearly 100% following a smart contract exploit that drained $26.6 million in Ethereum, triggering a liquidity collapse across decentralised markets….

By: Ovie George

Lagos Court Throws Out ₦1bn Case Against MTN Nigeria, Awards ₦3m in Legal Costs

A Federal High Court in Lagos has dismissed a ₦1 billion lawsuit against MTN Nigeria over alleged copyright and trademark infringement, awarding ₦3 million in…

By: Wura Obadare

Nigeria’s Telecom Sector in 2025 Shows Mixed Results as Industry Targets Better Network Quality in 2026

Nigeria’s telecom industry recorded broadband growth and infrastructure upgrades in 2025 but struggled with outages and vandalism. With NCC reforms underway, consumers anticipate improved service…

By: Wura Obadare

Flutterwave Says Mono Deal Accelerates Profitability Strategy and IPO Preparation

Flutterwave says acquiring Nigerian open-banking startup Mono will reduce costs, lift margins, and strengthen its business as it prepares for a possible IPO, according to…

By: Ovie George

NCC, CBN Roll Out 30-Second Refund Rule for Failed Airtime and Data Purchases

Nigeria’s NCC and CBN have unveiled a joint refund framework guaranteeing near-instant refunds for failed airtime and data transactions, enhancing consumer protection across telecoms and…

By: Wura Obadare

China Scrutinises Meta’s $2bn Manus AI Acquisition Over Technology Export Rules

Chinese regulators are reviewing Meta’s $2 billion purchase of AI startup Manus to determine compliance with foreign investment laws and restrictions on advanced AI technology…

By: Adamu Garba

FG to Launch Nigeria’s First National AI Centre of Excellence at University of Jos

Nigeria’s Federal Government has announced plans to establish its first National Artificial Intelligence Centre of Excellence at the University of Jos to boost local AI…

By: Adamu Garba

OpenAI Unveils ChatGPT Health With Privacy-First Medical Data Connections

OpenAI has launched ChatGPT Health, a secure, privacy-focused feature that links medical records and wellness apps to deliver personalised health insights without replacing clinical care….

By: Adamu Garba

Nigeria’s BVN Database Grows to 67.8 Million by End of 2025 on Strong Regulatory Push

Nigeria’s Bank Verification Number (BVN) enrolments climbed to 67.8 million by December 2025, driven by CBN enforcement measures and expanded NRBVN access, NIBSS data shows….

By: Wura Obadare

African Startup Funding Drops 41% in December 2025 as Investors Double Down on Big Deals

Startup funding in Africa fell 40.8% in December 2025 to $349.1 million, with over 92% of capital concentrated among the top 10 deals, led by…

By: Ovie George

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