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KuCoin, a leading cryptocurrency exchange, has announced that it will begin collecting a 7.5% Value Added Tax (VAT) on transaction fees for its users in Nigeria. The move follows a recent regulatory update in the country, which prompted KuCoin to introduce VAT. In a statement released on July 3, KuCoin confirmed that the VAT deduction will take effect from July …

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The protest escalated into violence after SRC management rejected its employees’ demand to be paid for the days they were off the job during the protests. By Kruah Thompson Monrovia, July 4, 2024: The Liberia National Police (LNP) has arrested and detained 13 persons following a violent incident at the Salala Rubber Corporation (SRC) in Weala, Margibi County. Police have also …

Tech startups in Nigeria, Kenya and other African countries saw a massive 57% drop in fundraising in the first half of 2024. Funding analysis firm Africa The Big Deal revealed this in a report released on Thursday. The report revealed that around $780 million will flow into African startups in the first half of 2024. However, the figure is 57% …

The Inter-Agency Strategic Policy Communications Committee (SCIPC) said on Thursday that troops deployed to various operational areas killed 857 suspected terrorists in the country last month. SCIPC is a committee of military, police, intelligence and response agency spokespersons established by the Office of the National Security Adviser (ONSA). Police Public Relations Officer (FPRO), Olumuyiwa Adejobi, delivered the update at a …

Jimoh Ibrahim, a senator representing Ondo South, says a software on his mobile phone, which detects the number of guns around him, detected over 277 guns in the Senate chamber. Ibrahim spoke on the Senate floor on Wednesday, July 3, while contributing to a motion sponsored by Ali Ndume, a senator representing Borno South. Ndume had been addressing the recent …