E-Business
Kuda’s Upgraded App Consistent with Improving Customer Experience

Kuda recently upgraded its app with new features for customers to have more access to financial products and services to enable its customers to do more including investments and UK-to-Nigeria transfers.
The newly-launched money app for Africans in Nigeria and the UK offers convenient, easy access to frictionless and affordable financial services for users as transactions can be done faster and seamlessly.
To enjoy the new service, all an existing account holder needs to do is to upgrade their Kuda App by going to the Play Store or App Store on their smartphone to download the new version of the Kuda App.
Then sign in to the app with their registered email address and their old Kuda password once, then create a new password. Once this is done, the old version of the Kuda App would be disabled automatically and the upgraded version with the new features installed.
New customers can also onboard by downloading the Kuda App from Play Store or App Store and register by following the registration prompts on the App.
It is important to note that the old app will no longer be supported after January 9, 2023, so updating / downloading the new App is crucial to having continued access to the Kuda range of services. Below are some of the new features on the Kuda App. Some of these features are currently not available in the older App:
- Investment opportunities. Users of Kuda in Nigeria can now buy stocks in some of the world’s most successful companies and rising startups at a fraction of the usual cost. In a few minutes, customers can take a step away from local inflation toward financial freedom.
- The easiest ways to save; Kuda has made saving easier with Pockets, the improved version of its automated savings plans for Nigeria. Spend+Save, a popular feature of the Kuda app, now automatically saves a preset fraction of card payments.
- A straightforward UK account. With a valid government-issued UK ID and proof of a UK address, anyone in the UK can open a Kuda UK account to send money to any UK bank account (and receive money) directly.
- Transfers to Nigeria from the UK. Kuda users in the UK can also send up to £10,000 to Nigeria daily at a transaction fee of just £3, and their Nigerian beneficiaries can receive the money as a transfer or pick up cash at one of several banks in Nigeria.
With the upgraded app and added bouquet of benefits, the new milestone attained by the fintech is salutary.
E-Business
FG Partners UK to Combat Cross-border Cyber-crime

The federal government and the United Kingdom signed an agreement Tuesday to combat the growing threat of cyber-crime. The Memorandum of Understanding was signed following a courtesy visit by David George Hanson, minister of the home office, UK, to the Nigeria Police Force headquarters, Louis Edet House in Abuja.
Transnational crime is a big problem for both the UK and Nigeria, so the governments intend to strengthen existing collaboration efforts to crack down on cyber-criminals and protect their industries from unlawful activities.
Offences such as online fraud, identity theft, digital extortion, and ransomware , operate across many jurisdictions, and frequently necessitate sophisticated cooperation efforts, according to the two governments during a press conference.
Furthermore, Lateef Fagbemi, Nigeria’s attorney-general and minister of justice, established the Joint Case Team on Cybercrime, which aims to address the need for a coordinated and robust approach to combating cybercrime, as stated in the Cybercrimes Act of 2015, which criminalises cyber-related offences.
Hanson underlined the importance of ongoing cooperation efforts to combat international crime in a number of areas, affecting vulnerable individuals.
He said: “We need to look again at how we can build cooperation between the Federal Government, the federal police, and our police forces and National Crime Agency to take action against these international criminals, who are exploiting vulnerable people in a whole range of areas. The National Crime Agency, the Home Office Fraud Department, and the High Commission need to make sure we make a big impact on this transnational crime.”
“The collaboration between the Nigerian Police Force and National Crime Agency continues to serve as a model in international law enforcement cooperation. We have successfully conducted joint operations into many cases of cybercrimes and online fraud. With your [UK government] cooperation, we have continued to bust other criminal networks around the world,” added inspector-general of Nigerian Police Force, Kayode Adeolu Egbetokun.
E-Business
CAC to Prosecute Business Owners Operating Without Registration

Corporate Affairs Commission (CAC) has reaffirmed its commitment to enforcing business registration laws in Nigeria, warning that individuals and organizations operating unregistered businesses will face prosecution.
In a statement, the CAC emphasized that conducting business without proper registration violates the Companies and Allied Matters Act (CAMA) 2020, undermining transparency and accountability in the corporate sector.
The commission stressed that registration is not only a legal requirement but also a gateway to formal business opportunities, including access to bank loans, government grants, and partnerships.
The enforcement drive will be nationwide, targeting small and medium-sized enterprises (SMEs), online vendors, and informal traders who have failed to comply despite previous awareness campaigns and registration amnesty windows.
The CAC disclosed that enforcement teams, in collaboration with security agencies, will be deployed to identify and prosecute defaulters.
The commission urged business owners to take advantage of its simplified registration platform to regularize their status, noting that compliance will boost investor confidence and improve Nigeria’s ease of doing business. It warned that ignorance of the law will not be accepted as an excuse.
Business owners are advised to act promptly to avoid legal consequences, as the CAC moves to ensure a more structured and regulated business environment in Nigeria.
E-Business
NCC Vows to Tackle Online Infringement, Block Illegal Music Websites

Nigerian Copyright Commission (NCC) has pledged to enforce its legal obligations to combat online intellectual property infringement and urged commercial music users to obtain proper licences from rights holders or their representatives.
The Commission stated that this ensures creators are fairly compensated, supporting the music industry’s sustainable growth.
In a statement commemorating the 2025 World Intellectual Property Day, themed “IP and Music: Feel the Best of IP,” the NCC announced plans to enforce the Copyright Act 2022, which allows for the takedown of infringing materials and blocking of websites hosting illegal content.
Signed by Mrs Ijeoma Egbunike, director of Public Affairs, the statement outlined an aggressive anti-piracy campaign in collaboration with the private sector, targeting the online environment.
Egbunike affirmed the NCC’s commitment to establishing enforceable standards for transparency, digital audits, and real-time royalty reporting to protect creators’ rights. She stated, “The NCC will continue to champion policies that support the growth of the music industry, improve the livelihoods of Nigerian musicians, and foster a culture of creativity and respect for intellectual property.”
Despite the global success of Afrobeats and other Nigerian genres, the NCC noted that many musicians face low royalty returns due to rampant digital piracy.
To address this, the Commission revised its Collective Management Regulations to enhance transparency and accountability among Collective Management Organisations (CMOs).
The NCC emphasised that proper licensing is a legal obligation and vital for Nigeria’s creative economy, stating, “Music must feel the beat of intellectual property for the full potential of creativity to be realised.”
The Commission highlighted that creators’ livelihoods depend on fair royalty compensation.
Recent enforcement measures include the NCC’s designation by the Attorney-General of the Federation as an authority under the Proceeds of Crime (Recovery and Management) Act 2022.
This, combined with the Copyright Act 2022, empowers the NCC to order takedowns and block illegal music distribution websites.
- News3 days ago
NBC Loses Appeal as Tribunal Upholds ₦190m Fine for Misleading Packaging
- Telecom3 days ago
MTN’s Talent Hunt Returns: A Stage for Nigeria’s Next Creative Stars
- E-Financial19 hours ago
CBN Slams ₦250m Fine on Paystack Over Zap Wallet Operations
- E-Business2 days ago
CAC to Prosecute Business Owners Operating Without Registration
- Telecom2 days ago
Emerging Technologies, Cybersecurity, Others Form Key Focus of NCA 2003 Review
- E-Financial3 days ago
CBN Urges Banks to Source FX for PAPSS Settlement Through NFEM
- News3 days ago
US Identifies Corruption as Key Barrier to Trade and Investment in Nigeria
- General News3 days ago
Wanted CBEX Promoter Surrenders to EFCC Amid $1 Billion Fraud Probe