BusinessCabal

BusinessCabal is a digital publication telling clear, practical business, tech and money stories for Africans.

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from both traditional and emerging fraud threats without breaking the bank.
https://t.co/wMIbkzoHlX

[BusinessCabal @BusinessCabal]

Small businesses lose an average of $155,000 to fraud every year. Unfortunately, that figure is still rising.
Business Email Compromise scams have already cost companies tens of millions in a single incident.
Discover 12 successful strategies to protect your business

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Your VAT refund is now tied to an e-invoice you haven't learned to file yet. June 30 is the deadline. Here is what smart finance teams are doing right now.
https://t.co/XSmlYddIpK

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Africa's biggest e-commerce company, Jumia, just left another market.

Can Jumia stay profitable while Temu and Shein keep expanding at a low profit margin?

Full story 👇
https://t.co/W8VCJpE6pv

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Africa's best universities are out.

South Africa and Egypt dominate the top 10, but only 1 Nigerian university made the list.

Which school is flying Nigeria's flag on the continent?

Read more:
https://t.co/8mgPAfWBWD

#Education #Africa #UniversityRanking

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The metals powering EVs, AI, and smartphones are becoming some of the world's most valuable resources.

Can Nigeria turn them into its next economic opportunity?
Read more here:
https://t.co/3O3xhlb0BP

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Anthropic's shutdown of Fable 5 by the US has sparked a bigger debate: who really controls the future of AI? As billions flow into the industry, the race for dominance is far from settled.
https://t.co/NC94y2SSS6

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Global oil markets could be heading for a shift. If fuel prices ease after the US-Iran peace deal, will Nigerians finally feel relief at the pump — and in their wallets?
https://t.co/TjuewsMrCF

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Nigeria’s inflation fight faces a fresh test as May’s rate rises to 15.93%. Food costs and core prices continue to squeeze households, raising questions about what comes next for the average Nigerian to survive.
https://t.co/9A3arVLSzQ

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Nigeria's payment companies now have until January 1, 2027, to move all locally generated transaction data onto Nigerian servers.

The directive could force fintechs, banks, and payment companies to rethink their cloud infrastructure
https://t.co/TfnMoFmU8C

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Japan's new 1.02 petabit-per-second internet breakthrough could solve one of AI's biggest bottlenecks: moving massive amounts of data across the world instantly.

The implications for telecoms, cloud computing are enormous.

Read more: https://t.co/wDYRqJKNuT

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Japanese scientists have achieved something once thought impossible: removing the extra chromosome that causes Down syndrome using CRISPR.

The breakthrough could reshape the $3.4 billion gene-editing industry, unlock new treatments for genetic issues👇
https://t.co/BpA7uPJ7Jb

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A US visa denial cost Somali referee Omar Artan his World Cup debut.

Now, UEFA has handed him one of European football's biggest fixtures, a powerful vote of confidence after weeks of controversy.
https://t.co/Kna5oFn2g8

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What's changing, and who stands to win?
Read more: https://t.co/wH0okLv9KB

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Five years after restricting crypto-linked banking, the CBN is preparing to bring stablecoins into Nigeria's financial system. The plan could move stablecoin reserves into Nigerian banks and create a new battle for dollar liquidity among banks and fintechs.

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wallets, potentially bringing millions of Nigerians into the digital currency ecosystem.

What does this mean for workers, businesses, and the future of digital payments in Nigeria?

Read the full story 👇
https://t.co/DT6EmljbaT

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The eNaira has struggled to gain traction since its launch in 2021. Now, the CBN has a new plan: put it directly in people's hands.

Under a proposal in the Nigeria Payments System Vision 2028, government salaries, pensions, and welfare payments could be routed through eNaira

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https://t.co/P9izbzHSef

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Nigeria's agricultural exports fell 31% in Q1 2026, dropping to N1.17 trillion. Sesame generated N153.78 billion, second only to cocoa. China took nearly half of it. For anyone looking to start exporting, the NBS data names the crops buyers are actually paying for.

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The bet: local assembly can compete with Tokunbo on price.
https://t.co/FShjR98yb5

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A new Peugeot plant is operating in Kaduna. It belongs to Aliko Dangote.

Nigeria imports over $2 billion in vehicles annually. Most of them are used. DPAN, a joint venture with Stellantis, is now assembling the 301, Landtrek, and 3008 and 5008 SUVs locally.