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Not the boring tech stuff · Jul 20, 2026

The Taxman vs. the Creative Economy

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Towobola · Not the boring tech stuff

Hello Reader!

The World Cup has been won by Spain!!

Sunday’s final wasn’t the most action-packed game, but it was a showcase of several wins that brought them to that moment and immense hardwork and discipline.

Many times , that is how progress looks. A lot of work that will bring you to that moment.

Now, let’s catch up on everything that happened in tech last week.

To view the full content of this newsletter, please click View More at the bottom of the email.

  1. Apple has sued OpenAI, accusing the company of trade secret theft and breach of contract.

  2. Nigerian AI startup Decide has launched Decide for Work, a new enterprise solution that brings its AI spreadsheet assistant to workplaces, universities, and co-working spaces.

  3. Nigerian fintech Gigbanc is shutting down after three years in business. The startup has asked customers to convert any remaining balances to Naira and withdraw their funds to Nigerian bank accounts by July 31.

  4. Starlink, SpaceX’s satellite internet service, has officially launched in Côte d’Ivoire.

REMOTE JOB OPPORTUNITIES

  1. Belyfted is looking to hire a Graphic Designer.

  2. Limitless Lab is looking to hire a Full Stack Engineer .

  3. Orbits is looking to hire a Product Manager.

  4. Moniepoint is looking to hire a Full Stack Engineer.

  5. Trust Wallet is looking to hire a Smart Contract Engineer.

To view the full content of this newsletter, please click View More at the bottom of the email.

1… Douglas Kendyson, founder of Selar, has publicly raised concerns over aggressive LIRS tax enforcement on creator royalties.

The CEO of Selar noted that LIRS is demanding a 5% royalty fee despite the platform earning only a 4% transaction commission

The Tax Man vs. Creator Economy

Critical Issue: Whether payments passing through Selar legally constitutes royalties

Another perspective

2… Na God be the truest Author and Finisher

3… A little update for you

A regulatory Sandbox for virtual assets will be created

“virtual assets are here to stay”

4…. Design leads, they said you shouldn’t be afraid to be seen as the bad guy

But first you must prove to be that guy

5… E-commerce Temu came into Nigeria with full force but at the time, a lot of Nigerians had doubts.

Now I guess that doubt has been cleared especially with this thread on X

And the suit is fine ohhh

This is niceee

Be careful of You Know Who

Why?😭😭

6…. Interesting data

Middle class should grow in size and our spending pool will increase

Interesting times

We apologize sir, for not knowing sir

7… Way to go!!!

8… Customers are definitely a different breed of humans

But it’s Ponmo x3 you put😭😭

And they always leave reviews

Can’t laugh

9… Let’s learn about Opay a bit

Question for us still

Per the article, to launch in Nigeria, OPay acquired a controlling stake in PayCom (a fintech founded by Telnet Nigeria that held a payment license but faced pressure from stricter CBN requirements).

We have stories already but it’s not bad if it’s told again

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Read the original on ntbts.substack.com

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