The midsize lender's growth positions it as a likely tier-1 Nigerian bank, attracting wider investor interest and improving its capital raising ability.

In the current digital asset cycle, the narrative has pivoted. While prior bull markets were driven by speculation, memes, and cyclical hype, the projects now gathering momentum are those offering real-world applications and measurable market utility. Institutional capital, regulatory frameworks, and enterprise adoption have begun to demand more than just abstract roadmaps and inflated tokenomics—they’re […] The post The Best Crypto to Watch Now May Not Be What You Think—4 Underrated Contenders in Focus appeared first on Tekedia.

Robinhood Markets, Inc. has agreed to acquire WonderFi Technologies Inc., a leading Canadian cryptocurrency trading platform, for approximately C$250 million (around US$179 million) in an all-cash deal. The acquisition, announced on May 13, 2025, aims to expand Robinhood’s crypto footprint in Canada, giving it access to WonderFi’s client base and its regulated platforms, including Bitbuy […] The post Robinhood Acquires WonderFi for $179M In An All Cash Deal appeared first on Tekedia.

The Trump administration is reportedly considering a sweeping deal that would allow the United Arab Emirates (UAE) to import more than one million of Nvidia’s most advanced artificial intelligence chips, a decision that would significantly expand the Gulf nation’s AI infrastructure while dismantling a core piece of the Biden-era technology export framework. According to a […] The post Trump Administration to Allow UAE Import Over 1m Nvidia Chips, Igniting Security and Policy Debate Over Export Controls appeared first on Tekedia.

D.A. Davidson analyst Gil Luria is calling for a full-scale breakup of Alphabet Inc., urging the company behind Google to unlock shareholder value by dismantling its tech empire — a conglomerate that now faces intensifying antitrust scrutiny and growing competitive pressure from AI-driven rivals like OpenAI. In a report published Monday, Luria said investors “want […] The post Analyst Calls for Alphabet Breakup to Unlock Shareholder Value appeared first on Tekedia.

Nearly a year after President Bola Tinubu scrapped petrol subsidies, the World Bank has disclosed that the Nigerian National Petroleum Company (NNPC) Limited is remitting just 50 percent of the revenue generated from the subsidy removal to the federation account — a development that now raises fresh questions about the transparency of Nigeria’s most critical […] The post World Bank Reveals NNPC Remits Only Half of Subsidy Gains to Federation Account — As EFCC Probes Transparency in Oil Revenue appeared first on Tekedia.

Coinbase Global (COIN) is set to replace Discover Financial Services (DFS) in the S&P 500, effective before trading opens on Monday, May 19, 2025. This change reflects Coinbase’s growing prominence in the financial sector, particularly as the first cryptocurrency exchange to join the index, while Discover Financial Services is being removed following its acquisition by […] The post Coinbase’s Replacement of DFS in the S&P 500 is a Pivotal Moment appeared first on Tekedia.

On Tuesday, Google took the stage at the Android Show, just ahead of Google I/O, to unveil a transformative array of security and privacy enhancements for Android. These advancements, meticulously crafted to shield users from scams, secure stolen devices, and strengthen device-level defenses, mark a significant step forward in addressing the evolving landscape of cyber […] The post Google Bolsters Android with Cutting-Edge Security and Privacy Upgrades appeared first on Tekedia.

The U.S. Department of Commerce on Tuesday formally scrapped the Biden-era “Artificial Intelligence Diffusion Rule,” a sweeping regulation that would have placed tiered restrictions on the export of advanced American-made AI chips to dozens of countries. The rule was due to take effect on May 15, 2025. The reversal, announced just days before the implementation […] The post Trump Administration Rescinds Biden-Era AI Export Rule, Shifts Toward Country-Specific Negotiations appeared first on Tekedia.

Google Updates Its Iconic “G” Logo With a Gradient Design Google has quietly refreshed its iconic “G” logo marking the first major visual update in nearly ten years.… TechCity

What if the subsequent meme coin explosion starts with a cat, not a dog? Bitcoin continues its victory lap above $100K. Ethereum’s steady, and XRP is eyeing a breakout. But while top-tier cryptos hold strong, meme coins move with wild rhythm. Cat in a Dog’s World ($MEW) took a hit, down 12.22%, while Popcat ($POPCAT) […] The post Best New Meme Coins to Invest in Now: Troller Cat’s Stage 4 Ends Soon as Cat in a Dog’s World and Popcat Wobble appeared first on Tekedia.

America reminds that you are nobody’s kid when you see how they hire and fire: “Microsoft has begun laying off about 3% of its global workforce, amounting to thousands of jobs across different levels, teams, and geographies — even as the company continues to post strong earnings and sees its share price climbing to historic […] The post Poor Labour as Microsoft Fires 6,000 Workers! appeared first on Tekedia.

Tech giant Microsoft has begun laying off about 3% of its global workforce, amounting to thousands of jobs across different levels, teams, and geographies — even as the company continues to post strong earnings and sees its share price climbing to historic highs. The company, which had 228,000 employees worldwide as of the end of […] The post Microsoft Lays Off 3% of Global Workforce Despite Soaring Profits, Record Share Price appeared first on Tekedia.

Apple’s carefully cultivated image as a champion of consumer privacy is once again facing a dent. The tech giant has agreed to pay $95 million to settle a class-action lawsuit accusing its Siri voice assistant of eavesdropping on private conversations and sharing them with third parties for targeted advertising. With this case, Apple is now […] The post Apple’s $95m Siri Settlement Opens the Door for Users to Claim Payouts — But It’s One of Many Privacy Lawsuits the Company Faces appeared first on Tekedia.

If you’re building a fintech startup in Nigeria, one of the first things you’ll need to figure out is this: what CBN licences do we need to operate legally, and how much will it cost? Whether you plan to launch a digital wallet, a mobile money app, a savings platform, or a full-scale digital bank, […]

Mystocks Africa, a unified brokerage app, offers real-time trading across five African stock exchanges—Nigeria, Kenya, Ghana, Botswana, and South Africa—with plans to add Egypt, Morocco, and Tunisia later this year. Users can open an account in 24 hours and begin investing with as little as $10. Beyond equities, the platform supports trading in government bonds, money market funds, and ETFs.

Infinix Redefines Everyday Tech with Launch of Smart Accessory Ecosystem Infinix, a global brand known for pushing boundaries in mobile innovation, has officially launched a comprehensive new lineup… TechCity

Jumia is now offering its logistics infrastructure as a service to third-party businesses, including traders who operate solely on social media platforms.

Cardano founder Charles Hoskinson predicts Bitcoin could hit $250,000 in 2025, signaling a big crypto bull run ahead. If you are an investor seeking returns that can change your life, now is the time to look for potential altcoins. While Bitcoin leads the rally, altcoins like Rexas Finance (RXS), Dogecoin (DOGE), and XRP generate serious […] The post 3 Altcoins to Buy, Ride the Momentum, and Become a Millionaire as Cardano’s Charles Hoskinson Says Bitcoin Will Hit $250,000 in 2025 appeared first on Tekedia.

In 2024, the off-grid solar market attracted $299 million across 158 global deals, signaling robust investor interest amid a year of operational discipline, model refinement, and consolidation. Scale-up companies continued to dominate the funding, securing $229 million, with 77% through securitizations, reflecting a shift toward structured, risk-aligned financing. A key move was Ignite Power’s acquisition […] The post Off-Grid Solar Market Secured $299M in 2024, Signaling Robust Investor Interest appeared first on Tekedia.

Microsoft has provided its financial report for the first quarter of 2025, and the results were again better than expected. This is the fourth consecutive quarter in which Microsoft stock has outperformed expectations. The main driver is artificial intelligence, which Microsoft has been investing in for several years. Investments in OpenAI, the integration of AI […] The post Microsoft Reports Strong Q1 2025 Results appeared first on Tekedia.

Introduction Have you ever wondered how you could jumpstart your career while still in college? Becoming a Service Cloud Consultant is one of the best ways to gain real-world experience, build a strong network, and set yourself up for success after graduation. Whether you’re interested in technology, customer service, or business strategy, this path offers […] The post 5 Surprising Benefits of Becoming a Service Cloud Consultant While Still in College appeared first on Tekedia.

The Trialogue Business in Society Conference 2025 is set to be a battleground for ideas, and Telkom SA SOC Limited is bringing its A-game to tackle South Africa’s stubbornly persistent youth unemployment crisis. The numbers are brutal. With 34.2% of young South Africans (18-34 years) currently not in employment, education, or training, the need for […]

Spar Group, the South African retail giant, has entered the mobile space with its newly launched mobile virtual network operator (MVNO), Spar Mobile. 

The bill is part of President Bola Ahmed Tinubu’s broader push to reform Nigeria’s tax system by streamlining the number of levies businesses must pay.

Safaricom has partnered with iXAfrica Data Centre, Kenya’s hyperscale-ready data center operator, to provide enterprise and cloud solutions clients with East Africa’s first AI-ready data center services. The collaboration will provide end users, such as corporations and governments, with scalable, cost-effective solutions for data storage, backup, and computing resources that suit their evolving needs. Furthermore, […]

Opera hopes to compete more aggressively in Africa’s fast-growing digital currency market, where stablecoins accounted for 43% of crypto transactions in 2024.

Testing phones manually is time-consuming. It’s also probable that you will make errors. That’s where NSYS Diagnostics comes in. This tool makes it faster for companies to purchase, sell, fix, or recycle used phones. This tool inspects devices, detects issues rapidly, and improves individuals’ performance. Whether you’re a refurbisher, wholesaler, or phone reseller, NSYS Diagnostics […]

The United States is the world’s biggest defense spender. That shouldn’t come as a surprise for a nation with over 120 foreign military bases spread across 50+ countries. Perhaps the more jaw-dropping bit is the sheer amount allocated towards defense spending annually. In 2024, the US spent a whopping $997 billion on defense. The figures […]

Apex Group (“the Group”), a financial services firm, has named Christophe Beelaerts as its new Super Regional Head MEIAM (Middle East, India, Africa, and Mauritius). Based in Abu Dhabi, this strategic role reinforces Apex Group’s commitment to investing in the region’s growth, creating opportunities for its employees, and reinforcing its position as the leading provider […]

Good People, let us have a conversation on engineering, national development and industrial competitiveness. The Engineering of Nation is the Wealth of Nations because all market frictions are resolved through products and services. The time and zoom link noted in the banner from the Nigerian Society of Engineers. The post Ndubuisi Ekekwe to speak at The Nigerian Society of Engineers Event on Saturday appeared first on Tekedia.

Chinese officials, influencers, and state-run media on Monday cast the new trade agreement with the United States — including a 90-day suspension of tariffs — as a major diplomatic and strategic win for Beijing, praising what they describe as the effectiveness of China’s firm stance and refusal to capitulate to pressure from the administration of […] The post Beijing Hails Trade Deal as a Victory — and Some U.S. Business Leaders Agree appeared first on Tekedia.

Artificial intelligence (AI) is often cast as a disruptive force, raising concerns about job displacement across multiple sectors. In healthcare, however, the narrative is shifting. Rather than replacing clinicians, nurses, radiologists and administrators, AI is starting to augment their roles, reshaping rather than removing them. This is particularly relevant for South Africa, where human resources […]

The Milken-Motsepe Prize in FinTech, a $2 million initiative by the Milken Institute and Motsepe Foundation, entices over 3,000 entrepreneurs from 126 countries. Launched in May 2024, the prize saw 400 applications narrowed to 10 semifinalists who presented their innovations at the Milken Institute Middle East and Africa Summit in December 2024. The prestigious $1 […]

The Central Bank of Kenya (Amendment) Bill, 2025, sponsored by Suba South Member of Parliament Caroli Omondi, would make it illegal for businesses operating in physical locations to reject cash for transactions under $775. Omondi said the bill is about protecting everyday Kenyans who are being left behind as more businesses go digital.

The Interledger Foundation is pleased to announce the launch of the NextGen Higher Education Grant, an initiative focused on promoting financial inclusivity through digital payment innovation. This grant initiative, which began in February, offers up to $50,000 USD to higher education institutions that are committed to empowering students to advocate, champion, and develop solutions for […]