💼 Tantalizers Enters Entertainment

Today’s Menu ☕️

💼 Tantalizers Enters Entertainment Arena with Acquisition of Tade Ogidan’s Grand Media
🪙 Coinbase Breach Exposes Insider Threats as Exchange Offers $20m Bounty for Hackers
💵 Remita Sets Sights Beyond Nigeria in Pan-African Fintech Growth Push
🎮 Fortnite Faces New Ban on Apple Devices Despite Epic Games’ Court Victories
 🧬 Orange and IFC Join Forces to Bridge Africa’s Digital Divide

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💼 ACQUISITION

Tantalizers Enters Entertainment Arena with Acquisition of Tade Ogidan’s Grand Media

Expanding its footprint beyond food service, Tantalizers Plc, one of Nigeria’s leading quick-service restaurant chains, has made a bold move into the entertainment industry with the acquisition of Grand Media Projects Limited. The media company, founded by acclaimed filmmaker Tade Ogidan, is renowned for its impact on Nigeria’s film and television landscape.

The acquisition was officially disclosed in a notice submitted to the Nigerian Exchange (NGX) on May 17, 2025, and signed by the company’s secretary, Olamide Babawale-Mo. It marks a strategic diversification effort aimed at tapping into the lucrative digital content and media sector.

According to the filing, Tantalizers is positioning itself for growth beyond food service, aiming to tap into the growing opportunities in digital content development and entertainment. The company emphasized the importance of aligning with Nigeria’s globally expanding entertainment industry, describing the move as a natural evolution in a landscape where lifestyle, food, and content increasingly intersect...……continue reading

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🪙 CRYPTOCURRENCY

Coinbase Breach Exposes Insider Threats as Exchange Offers $20m Bounty for Hackers

In a cyberattack that has sent shockwaves through the cryptocurrency industry, Coinbase, one of the world’s largest crypto exchanges, has confirmed a data breach resulting from an insider threat. The attack, which affected less than 1% of its 9.7 million monthly users, has reignited concerns about the vulnerability of centralized crypto platforms—particularly to internal compromise.

According to a regulatory filing and public statements, Coinbase disclosed that several overseas support contractors were bribed by cybercriminals to extract sensitive customer data from internal systems. The attackers used this information to launch a social engineering campaign, impersonating Coinbase to defraud users and ultimately demanding a $20 million ransom to keep the stolen data private.

Rather than comply, Coinbase took a bold step: it refused the ransom and instead offered a $20 million bounty for information leading to the arrest and conviction of those responsible...…..…continue reading

💵 PAYMENTS

Remita Sets Sights Beyond Nigeria in Pan-African Fintech Growth Push

Remita, Nigeria’s leading digital payment platform developed by SystemSpecs, is ready to take on a larger stage. After establishing itself as a key player in Nigeria’s public and private payment ecosystems, the company is now actively exploring expansion beyond Nigeria’s borders, positioning itself as a contender in Africa’s fast-growing fintech space.

Remita is a versatile electronic payment platform that enables individuals, businesses, and government agencies to make and receive payments seamlessly. It supports a wide array of services, including bill payments, payroll management, and revenue collection, all accessible through multiple channels such as mobile apps, web portals, point-of-sale terminals, and bank branches .

One of Remita’s most notable contributions is its role in implementing Nigeria’s Treasury Single Account (TSA) policy. Since its selection in 2011, Remita has facilitated the consolidation of government revenues, enhancing transparency and reducing financial leakages. By 2024, the platform was processing approximately ₦65 trillion (about $42 billion) annually, underscoring its critical role in public finance management ...……continue reading

🎮 GAMING

Fortnite Faces New Ban on Apple Devices Despite Epic Games’ Court Victories

In a fresh twist to their long-running legal feud, Fortnite has once again been banned from iPhones and other Apple devices in both the United States and the European Union. The move comes despite Epic Games’ recent legal victories against Apple, reigniting the complex and high-stakes battle between the gaming giant and the tech titan over app distribution rights and marketplace fairness.

Epic Games made the announcement on its official Fortnite X account, stating that Apple had blocked its latest submission of the Fortnite app, preventing its release on both the U.S. App Store and Epic’s own Epic Games Store for iOS in the EU. As a result, the company confirmed that Fortnite will be offline worldwide on iOS until Apple lifts the block.

The current ban is the latest development in a bitter legal saga that began in 2020, when Apple first removed Fortnite from the App Store after Epic implemented an alternative in-app payment system, violating Apple’s strict policies. That move sparked multiple lawsuits, including an antitrust case where Epic accused Apple of maintaining an illegal monopoly over app distribution and payments on iOS devices....……continue reading

🧬 DIGITAL INFRASTRUCTURE

Orange and IFC Join Forces to Bridge Africa’s Digital Divide

In a significant move to accelerate digital inclusion across Africa, Orange Middle East and Africa (OMEA) has partnered with the International Finance Corporation (IFC) to expand access to sustainable digital infrastructure in eight underserved countries across West and Central Africa. The announcement was made during the Africa CEO Forum, held in Abidjan on May 12–13, 2025.

This strategic collaboration seeks to address persistent connectivity gaps by combining Orange’s on-ground telecom network and expertise with IFC’s development financing and advisory strength. The goal is clear: build the digital foundations that will enable millions of Africans in rural and underserved regions to access mobile services, broadband internet, and digital financial tools.

Orange MEA, which operates in 18 African and Middle Eastern countries and serves over 161 million customers, is no stranger to scale. The company’s mobile money service, Orange Money, is active in 17 countries and has over 100 million users. Now, it is doubling down on infrastructure, with IFC as a key ally.....……continue reading

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