Explainer

5 Articles
Elon Musk is worth nearly as much as every South African combined.
NewsExplainer

Elon Musk is worth nearly as much as 65 million South Africans

SpaceX is going public. Elon Musk is about to become the world's first dollar trillionaire. And the numbers are genuinely absurd. Elon Musk...

Why MTN just stopped airtime and data loans
NewsExplainer

Why MTN just stopped airtime and data loans

MTN paused Xtratime because Nigeria’s lending rules changed, and the company had to stop the service while it sorts out compliance with the...

See the full list of dangerous loan apps Nigerians are being warned about
Explainer

See the full list of dangerous loan apps Nigerians are being warned about

Nigeria's digital lending space may be facing another clean-up. Social media user Bolaji Fesomade says another batch of loan apps will be investigated...

Why Lateef bets his life savings on Chelsea – Blame Opay, Palmpay, and Nigeria's fintech trap!
Explainer

Why Lateef bets his life savings on Chelsea – Blame Opay, Palmpay, and Nigeria’s fintech trap!

Hey, meet Lateef from Agege, that guy always glued to his phone at the viewing centre, yelling "Cashout! Cashout!" as Chelsea claws back...

“I don’t have a business, so I don’t need to file tax” — That’s wrong, and it could cost you ₦100,000
Explainer

“I don’t have a business, so I don’t need to file tax” — That’s wrong, and it could cost you ₦100,000

A friend told me she doesn't need to file because she doesn't run a business. Thousands of Lagos residents believe this. The LIRS...