Facebook bans organization using fake accounts to post ‘news’ about Nigeria, other countries

Israeli firm, Archimedes Group, has been banned by Facebook. The company received the ban for using fake accounts and pages to post political news about Nigeria. Archimedes Group is a political consulting and lobbying firm that boasts of its ability of wining elections worldwide. In a post, Nathaniel Gleicher, Facebook’s head of cybersecurity policy,  explained that […]

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Facebook set to host 2018 TechCrunch Startup Battlefield Africa

The 2018 TechCrunch Startup Battlefield Africa, a competition amongst sub-Saharan startups, will be hosted by Facebook. Facebook said the event will hold for five days and comprise of trainings for women, high school students, developers and aspiring entrepreneurs. On December 11, TechCrunch Startup Battlefield supported by Facebook will bring together the strongest start-ups from across […]

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Facebook and CcHub unveil Online Youth Safety Programme for Nigerian schools

Facebook says it has partnered Co-Creation Hub (CcHub) and Junior Achievement Nigeria to launch an Online Safety Programme for students in Nigerian secondary schools across the country. Facebook’s Policy Programmes Manager, Sub-Saharan Africa, Sherry Dzinoreva said in a statement on Wednesday in Lagos, that the schools were in Lagos, Abuja, Kano, Ibadan and Kaduna. In […]

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UBA’s Leo launched on WhatsApp

Pan-African Financial Institution, United Bank for Africa (UBA) who recently clinched the Euromoney awards as the Best Digital Bank in Africa, is once again asserting itself as a pace setter, moving in leaps and bounds in unchartered territory. UBA’s chat banker, Leo has launched in pilot mode on WhatsApp and will be fully available to […]

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Facebook in financial mess, loses $16b in 24 hours

Facebook is in deep financial difficulty after its Chief Executive Officer (CEO), Mark Zuckerberg lost more than $16 billion in less than 24 hours. The company reported weaker-than-expected second-quarter results and issued guidance that its financial future is not as rosy as some investors thought it might be. Set against this backdrop, one activist investor […]

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Mark Zuckerberg overtakes Warren Buffett, becomes third richest man

Facebook co-founder, Mark Zuckerberg has overtaken Warren Buffett as the world’s third richest person, according to Bloomberg Billionaires Index. Zuckerberg, who is behind Amazon.com Inc. founder Jeff Bezos and Microsoft Corp. co-founder Bill Gates, surpassed Buffett on Friday when Facebook shares climbed 2.4 percent. According to the Bloomberg Index, it is the first time the three […]

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Facebook relax ban on crytocurrency ads

Facebook said on Tuesday it was easing a ban on ads for cryptocurrencies while keeping a prohibition on initial coin offerings to raise assets. The move comes five months after the leading social network said it was banning all ads related to cryptocurrencies like bitcoin as a way to curb scams. To place ads on […]

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