News
Facebook Supports TechCrunch Startup Battlefield 2018 in Lagos

In line with its commitment to growing Africa’s technology start-up ecosystem and its passion for developing diverse, young talent, Facebook is returning as the headline sponsor of TechCrunch Startup Battlefield Africa 2018. The event, taking place in Lagos, Nigeria — will search for Sub-Saharan Africa’s best innovators, makers and technical entrepreneurs.
TechCrunch Startup Battlefield Africa sees start-ups compete across three categories: social good; productivity and utility; and gaming and entertainment. It profiles the founders and entrepreneurs leading Africa’s next wave of technology innovation and highlights new ideas, businesses and applications with disruptive potential.
On December 11, TechCrunch Startup Battlefield supported by Facebook, will bring together the strongest start-ups from across Sub-Saharan Africa, where they will pitch to a live audience of 500 people ranging from VCs, investors, government officials and developers.
Facebook representatives from Africa and beyond will be on the ground to celebrate, where they will be connecting, listening and learning from various communities as well as taking part in an exciting series of workshops, networking sessions and talks between 6th and 11th December.
“Following the great success of the inaugural TechCrunch Startup Battlefield event in 2017, we are delighted to return as the headline sponsor for this year’s event,” says Emeka Afigbo, Facebook’s Head of Developer Programs. “Given our passion for connecting people and helping developers and entrepreneurs to thrive, we can’t wait to see how this year’s entrants are using technology to engage and empower people across the continent.”
Events Facebook will host over the week include:
Developer Circle Leads Summit (6-7 December):A two-day summit for more than 65 Developer Circles Leads across Sub-Saharan Africa, representing a growing community of over 42,800 members across 31 cities in 15 countries across Sub-Saharan Africa.
Instagram Inspire Action Lagos – Women and Small Business Event (6 December): A workshop to inspire, educate and train 70-80 entrepreneurs and women working in tech with a panel featuring special guests.
Startups and Developers Summit 2018 by Developer Circle Nigeria (8 December):Bringing together 600 attendees, and hosted by Facebook Developer Leads, the Summit will run trainings and workshop sessions on specialist deep-tech subjects, such as Messenger Bot
Aspiring Entrepreneurs — Digital Pitch Competition (10 December): Winners from seven Nigerian states who participated in the Aspiring Entrepreneurs: Digital 2018programme will pitch their businesses to a panel of judges for a chance to win support and prizes from Facebook and Fate Foundation.
NG_Hub Start-up Mixer (10 December): A social gathering bringing together Start-ups from across the ecosystem, including NG_Hub start-ups (Start-ups using Facebook’s Community Hub) and those taking part in the TechCrunch Startup Battlefield event
Student Hack (11 December):In partnership with Re:Learn by CC_Hub, Facebook will bring together 50 local high school students from Lagos to take part in Hack-a-Day and other activities that highlight the difference developers can make in the world using computer science skills.
News
SEC Probes Ponzi Scheme Linked to FF Tiffany

The Securities and Exchange Commission has revealed plans to commence investigation into the activities of an entity operating under FF Tiffany, allegedly running a fraudulent investment scheme that has defrauded citizens.
A statement by the SEC on Tuesday in Abuja said preliminary information revealed that the scheme, which promised investors unusually high and unrealistic returns, had resulted in the loss of several billions of naira.
The SEC said it viewed the activity as a threat to investor confidence and the overall integrity of the financial system.
The commission assured the public that it was working closely with law enforcement agencies and other relevant bodies to bring everyone involved in the unlawful operation to justice.
According to SEC, those found culpable will be prosecuted in accordance with the Investment and Securities Act and regulatory provisions.
SEC reiterated its earlier warnings to the general public to desist from engaging in Ponzi or unregistered investment schemes that promised guaranteed or exaggerated returns.
“These schemes are not registered with the SEC and do not offer investor protection under the law.
“The commission is currently investigating 79 schemes and will make a statement on its findings at the conclusion of the investigation,” the SEC said.
The commission encouraged investors to conduct due diligence and verify the registration status of any investment firm or product by visiting the SEC website or contacting the commission directly through official channels.
SEC said it remained committed to its mandate of protecting investors, ensuring fair practices, and maintaining confidence in Nigeria’s capital market.
News
US Launches ‘Window on America’ @ Ogun Tech Hub

The Ogun Tech Hub in Abeokuta, Nigeria received a significant step towards increasing digital access and empowering young people as US Embassy in Nigeria launched the ‘Window on America’ facility.
The newly opened centre will offer free high-speed internet, computer access, and targeted programs to help young Nigerians build essential skills in technology, entrepreneurship, and leadership.
In a post on X (previously Twitter), the US Embassy described the hub as a modern ICT and resource centre meant to promote digital inclusion and provide youths with skills.
“Hello Abeokuta! We’re thrilled to announce the opening of the Ogun Tech Hub Window on America. This dynamic space offers free high-speed internet, computers, and programs to help young people gain tech, leadership, and entrepreneurial skills,” the Embassy wrote.
The facility was established in collaboration with the Ogun State and GFA Technologies, a software solutions provider for startups and SMEs.
The Embassy said the facility is part of its wider network of 29 American hubs across Nigeria, designed to empower youth and broaden access to global knowledge and opportunities.
Speaking during the launch, Ogun State governor Dapo Abiodun urged young people to use the ICT industry for self-sufficiency and competitiveness globally.
He lauded the program as a public-private cooperation that connects Nigerian youngsters with global innovations.
The governor said: “The Ogun Tech Hub serves as a collaborative space for technologists, startups, and social entrepreneurs to develop tech-driven solutions for societal challenges. The partnership is aimed at positioning Ogun State as a leading tech hub in Africa, supporting creative problem-solving and commercial innovation.”
With the ‘Window on America’ program fully operational, Ogun State is well-positioned to boost youth empowerment and digital literacy.
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