Technext24

16 Posts
Technext24
Technext24
· May 20

Online scam: Nigerian arrested in India for alleged N250 million fraud 

Gabriel Onyeka, a Nigerian national, was arrested in Kalyan, Maharashtra, India, for orchestrating an online scam that defrauded an Indian businessman of approximately ₹1.25 crore (₦250.88 million) through fake pharmaceutical product deals. Onyeka posed as a senior executive from a pharmaceutical company to convince the victim to make multiple payments...
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Crime
Technext24
Technext24
· May 20

China eyes Nigeria for EV boom

China is targeting Nigeria as a key market for its electric vehicle (EV) expansion, aiming to capitalize on Nigeria’s growing demand for clean and sustainable transportation. Chinese companies are exploring partnerships and investments to introduce EV technology and infrastructure within Nigeria’s automotive sector. This move aligns with Nigeria’s increasing emphasis...
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Autos
Technext24
Technext24
· May 16

Over 80% of TikTok forex advice misleading – new study finds

A study by BrokerChooser found that up to 80% of forex trading advice on TikTok is potentially misleading, lacking transparency and proper trading context. Only 6% of videos encouraged research and due diligence, while many promoted lavish lifestyles without explaining the risks or how wealth was attained. One in five...
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Business
Technext24
Technext24
· May 6

Nigerian Box Office records ₦1.29bn revenue in April 2025 driven by ‘Sinners’ and ‘Ori: The Rebirth’

The Nigerian box office generated ₦1.29 billion in April 2025, a 62.5% revenue increase from April 2024, driven by over 240,000 admissions across 47 films. International blockbuster “Sinners” and Nigerian film “Ori: The Rebirth” were major contributors, with “Sinners” grossing ₦445.9 million and “Ori” debuting at ₦78.3 million. The growth...
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Business
Technext24
Technext24
· May 5

SEC flags new crypto exchange

The U.S. Securities and Exchange Commission (SEC) has raised concerns about a newly launched cryptocurrency exchange. The SEC’s scrutiny highlights regulatory challenges that new crypto platforms face in ensuring compliance with financial laws. The flagged exchange is under review for potential violations related to investor protection and transparency. This development...
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Business