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Jumia Boss in Police Net over Fraud Petition

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Guy Futi, managing director, Jade Internet E-Services Nigeria Limited (Jumia Food), has been arrested over allegations of fraudulent diversion/conversion of funds made against him by Castle Logistics Services Limited, a logistics services providing company and a Jumia vendor.

 

Confirming the arrest, Adewumi Adegoke, member of the anti-fraud unit, said a case of diversion of funds running into millions of naira was lodged against Jumia Food and Guy Futi by Castle Logistics.

 

His words: “I can confirm that the Managing Director of Jumia Food was arrested and is in our custody. Investigations are ongoing on the allegations levelled against him and the company.”

 

However, Olukayode Kolawole, spokesperson for the company, told Vanguard that Guy Futi was not arrested, but honoured a Police invitation, after which he left the Police station.

He said: “Jumia Food MD neither misappropriated the company’s funds nor converted them for personal use.

 

“If this had happened, Jumia would have taken a legal action against him and probably involved the press. I say, unequivocally, that Jumia Food MD was never involved in any fraudulent act.

 

“If truly this happened, why would Jumia cover up for him? Is an outside source more credible to tell an alleged story of fraud within Jumia than the company management? Again, there’s no basis for hiding an employee’s fraudulent act if truly the employee committed such act.

 

“Jumia has an outstanding court case against a vendor (3PL) partner, who owes the company and has refused to pay. It is on the basis of the court case filed against the vendor that Jumia Food MD, Guy Futi, was invited by the Police for questioning.

 

“Guy Futi was never detained by the Police. He was invited for questioning and left the station after the interrogation same day. The Police should provide a physical evidence of him in detention or else the information you were supplied with was completely false and has a malicious intent.

 

“A visit to the supposed station where he’s alleged to be waiting for bail will add so much credibility to your story.

 

“Guy Futi had not joined Jumia as an employee at the time the vendor’s debts started accumulating. He’s barely new at Jumia Food. The allegations are completely untrue and appear to be a cheap effort by a third party to distract the public from the main issue and malign Jumia’s image.”

 

The petition Castle Logistics, in a petition dated December 24, 2018 by one Mrs. Catherine Azubuike, to Nigerian Police, Zone II, Lagos, had alleged false presence, fraudulent conversion and diversion of N214.695 million by Jumia Food.

 

The petitioner alleged that they entered into a Service Level Agreement in August 2016, wherein they were to provide personnel services and equipment to Jumia Food for delivery of food supply requests made online by its customers, adding that it also involves the collection of monies and consequent remittance of same to Jumia.

 

It was alleged that on May 2018, Jumia was said to have been able to pay for only August 2016 to March 2018, and fell short of the payment of N214,695,445.49, and upon a thorough investigation into the payment collection system, they found out that Jumia, without Castle’s consent and permission, gave to some of the riders Jumia Food’s personal POS for collection of payments from customers, and effectively those payments were rendered directly into Jumia Food designated accounts, adding that Jumia stole and converted the said sum for own use.

 

According to the petition, Castle demanded Jumia Food to provide it with complete bank reports of the transactions on those POS machines, but Jumia refused.

 

It read: “Jumia Food refused, but rather chose to randomly estimate a percentage of the total funds received from those POS machines as funds related to orders handled by Castle. This resulted in huge monthly shortfalls on orders handled by Castle and Jumia Food kept demanding Castle to remit funds for those shortfalls without providing the POS reports.”

 

Castle also alleged that further findings showed diversion of funds and Jumia deceived them into remitting funds to its bank account with clear intention to permanently deprive them of its use.

 


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E-Business

Meta to Charge Location Fees on Ads to Six Countries from July 1, 2026

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Meta, a multinational technology company, has informed advertisers that it will begin applying new location-based fees to certain advertisements delivered in six selected jurisdictions starting July 1, 2026, as the company moves to offset costs linked to digital services taxes and other regulatory charges.

Meta to Charge Location Fees on Ads to Six Countries from July 1, 2026

In an email sent to advertisers, the company explained that the new charges will apply to ad impressions delivered to audiences in specific countries, regardless of where the advertiser’s business is based.

“Meta will soon apply new location fees to ads delivered in specific jurisdictions to cover digital service taxes (DST) and other location-based fees imposed on Meta in those jurisdictions,” the company said in the mail.

According to the notice, the fees will be applied to ads delivered in Austria (5%), France (3%), Italy (3%), Spain (3%), Türkiye (5%), and the United Kingdom (2%).

The company added that these rates and jurisdictions could change over time.

Meta described location fees as additional charges tied to where ads are delivered rather than where the advertiser operates.

“Location fees are additional charges that may apply to ads delivered in selected jurisdictions to cover part of the costs associated with doing business in those jurisdictions,” the company said.

The company noted that the charges will be calculated after ads are delivered and will not be deducted from campaign budgets.

Meta gave an example in the email: if an advertiser spends $100 on ads delivered in Italy, where the location fee is 3%, the final cost would be $103, excluding any applicable value-added tax.

Explaining the reason for the change, the company pointed to regulatory developments affecting technology platforms.

“The cost of delivering ads in specific jurisdictions is changing due to the evolving regulatory landscape, including digital services tax legislation. Until now, Meta has covered these additional costs,” the company said.

The company added that the move aligns with broader industry practices, noting that other digital platforms may introduce similar charges linked to digital service taxes.

Meta said the location fees will apply to all ad formats, including image and video ads, as well as campaigns such as WhatsApp click-to-message ads that are billed together with advertising.

The fees will appear on invoices with clear descriptions by jurisdiction, such as “Italy digital services,” the company said, adding that taxes like VAT will still be applied on top of the total amount.

Advertisers were advised to review the affected ad accounts and share the update with their finance, procurement and marketing teams to prepare for the changes.


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Tizeti Tests Ad-Funded Internet Access Model in Nigeria and Ghana

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Tizeti Network Limited, West African broadband provider, has launched an advertising-supported internet platform across its hotspot network in Nigeria and Ghana, allowing users to watch short video adverts in exchange for data access.

Tizeti Tests Ad-Funded Internet Access Model in Nigeria and Ghana

The system converts advertising engagement into internet connectivity, offering users the option to view a short video advertisement to unlock data without paying upfront.

Tizeti said the platform is now active across all its hotspot locations in the two countries, covering residential areas, campuses, commercial districts and other high-traffic urban locations.

The service runs on Google Ad Manager’s rewarded web advertising technology, which allows users to voluntarily watch advertisements and receive data rewards once the video is completed.

At a hotspot location, users connect to the network as usual but are given the option to watch a short advert in exchange for a defined amount of data. Those who choose to participate can repeat the process to earn additional internet access.

The company said the approach creates a value exchange between users, advertisers and network providers.

Users gain internet access without immediate payment, while advertisers reach audiences who have actively chosen to view their messages.

“Internet access is a fundamental driver of opportunity,” said Nsikak Asuquo, West Africa manager at Tizeti Network Limited.

“By rolling out reward-based internet access across Nigeria and Ghana, we are expanding connectivity without financial barriers while offering brands a high-engagement platform to reach more than 2.5 million active users,” he added.

Tizeti said participation in the advertising programme is voluntary and operates under its privacy policies, with data handled in compliance with the Nigeria Data Protection Act and Ghana’s Data Protection Act.

The launch comes as Africa’s digital advertising market expands rapidly. Industry projections suggest programmatic advertising spending could exceed $5 billion on the continent by 2028 as brands increasingly shift marketing budgets online.

By integrating Google’s advertising infrastructure directly into its hotspot network, Tizeti aims to turn public Wi-Fi locations into scalable digital advertising channels while widening access to the internet.

Advertisers will be able to buy ad placements through Google Ad Manager’s ecosystem, including open auctions, private deals and programmatic guaranteed campaigns.

Tizeti said its hotspot network serves more than 2.5 million active users across Nigeria and Ghana.

The company provides broadband services using a mix of fibre infrastructure and public Wi-Fi networks, targeting communities, schools and businesses across the region.


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NITDA, Nkenne AI Seek to Localise AI for Nigerians

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National Information Technology Development Agency (NITDA) is partnering with Nkenne AI, a local artificial intelligence (AI) company, to develop language translation technologies tailored to the country’s diverse linguistic landscape.

There are more than 500 languages spoken nationwide, however many digital systems in Nigeria still operate primarily in English, leaving millions underserved.

NITDA and Nkenne AI have partnered with the ambition to improve accessibility and inclusion across Nigeria’s digital economy.

Nkenne AI’s chief executive, Michael Odokara-Okigbo, said the company is building localised AI translation tools designed for critical sectors, including healthcare, financial services and public administration.

According to him, these tools should enable users to interact with digital platforms in indigenous languages, thus improving accessibility and trust.

It’s not just a Nigerian challenge however, language barriers remain one of the biggest obstacles to technology adoption across Africa.

Beyond translation, the partnership between NITDA and Nkenne AI also seeks to strengthen Nigeria’s startup ecosystem by promoting responsible data practices and supporting emerging AI ventures.


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