Naija News Feed
Technology
China’s SMIC moves to consolidate domestic chipmaking as it buys out SMNC minority stake.
China’s largest contract chipmaker, Semiconductor Manufacturing International Corp (SMIC), is taking a decisive step to tighten its grip on a key manufacturing arm as Beijing pushes for deeper self-reliance in semiconductors amid sustained U.S. technology curbs. SMIC said on Monday it plans to acquire the remaining 49% stake in its subsidiary SMIC Ningbo (SMNC) for […] The post China’s SMIC moves to consolidate domestic chipmaking as it buys out SMNC minority stake. appeared first on Tekedia.
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Nigerian Corporations Turn to Short-Term Debt as SEC Approves N1.37tn Commercial Paper Programmes
Nigeria’s commercial paper (CP) market recorded rapid expansion in 2025, underscoring how corporates are reshaping their funding strategies amid persistently high borrowing costs in the banking system. Data from the Securities and Exchange Commission (SEC) show that CP programmes worth about N1.37 trillion had been approved as of October 23, 2025. Yet only about N753 […] The post Nigerian Corporations Turn to Short-Term Debt as SEC Approves N1.37tn Commercial Paper Programmes appeared first on Tekedia.
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Meta Advanced Its AI Infrastructure By Acquiring Manus to Accelerate Adoption
Meta Platforms has acquired Manus, a Singapore-based AI startup originally founded in China, specializing in general-purpose autonomous AI agents. Reports indicate around $2 billion or slightly more, up to $3 billion in some sources, though Meta has not officially disclosed terms. This makes it one of Meta’s largest acquisitions in recent years, behind WhatsApp ($19B) […] The post Meta Advanced Its AI Infrastructure By Acquiring Manus to Accelerate Adoption appeared first on Tekedia.
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Meta Expands AI Ambitions With Acquisition of Manus in Multi-Billion Dollar Deal
Tech giant and Facebook parent company Meta, has announced the acquisition of Manus, a Singapore-based developer of general-purpose AI agents as it deepens its aggressive push into Artificial Intelligence. Launched in 2025, Manus is a general AI agent that bridges the gap between conception and execution, delivering results. Since the launch, Manus has focused on […] The post Meta Expands AI Ambitions With Acquisition of Manus in Multi-Billion Dollar Deal appeared first on Tekedia.
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Key Implications of Iranian President Pezeshkian’s “Total War” Remarks
Iranian President Masoud Pezeshkian made highly escalatory remarks in a lengthy interview published on December 27-28, 2025, on the official website of Supreme Leader Ayatollah Ali Khamenei. He described Iran as being in a “full-scale war”, “total war”, or “full-fledged war” with the United States, Israel, and Europe. Key quotes from the interview, as reported […] The post Key Implications of Iranian President Pezeshkian’s “Total War” Remarks appeared first on Tekedia.
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Alleged Drone Attack on Putin’s Valdai Residence Might Derail Ongoing Peace Negotiations with Ukraine
Russian Foreign Minister Sergei Lavrov accused Ukraine of launching a large-scale drone attack involving 91 long-range drones targeting President Vladimir Putin’s state residence in the Novgorod region known as Valdai or Dolgiye Borody. Russian officials stated that air defenses intercepted and destroyed all drones, with no damage or injuries reported. Lavrov described the alleged incident […] The post Alleged Drone Attack on Putin’s Valdai Residence Might Derail Ongoing Peace Negotiations with Ukraine appeared first on Tekedia.
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Tokenized Stocks Hit ATH of $1.2B as Race for Fractional Ownership Deepens
The total market capitalization of tokenized stocks— on-chain representations of public equities like Tesla, Apple, Amazon, etc has hit a record all-time high of $1.2 billion, driven by strong growth in September and December. This milestone comes from surges in institutional adoption, new product launches like Backed Finance’s xStocks on Ethereum, and improved liquidity across […] The post Tokenized Stocks Hit ATH of $1.2B as Race for Fractional Ownership Deepens appeared first on Tekedia.
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U.S. Treasury Yields Hold Steady Ahead of Fed Minutes as Investors Seek Clarity on 2026 Rate Path
U.S. Treasury yields were largely unchanged on Tuesday as investors adopted a cautious stance ahead of the release of minutes from the Federal Reserve’s December policy meeting, one of the final major macro events before markets close out the year. The benchmark 10-year Treasury yield was flat at around 4.12% in early trading, while the […] The post U.S. Treasury Yields Hold Steady Ahead of Fed Minutes as Investors Seek Clarity on 2026 Rate Path appeared first on Tekedia.
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Femi Otedola Exits Geregu Power in $750 Million Deal, Narrowing Focus to Banking Empire
Billionaire investor Femi Otedola has divested his controlling stake in Geregu Power Plc, Nigeria’s leading independent power producer, in a landmark transaction valued at approximately $750 million. The deal, executed through the sale of his 95% interest in Amperion Power Distribution Company Limited—Geregu’s majority shareholder—to MA’AM Energy Ltd, an Abuja-based integrated energy firm, marks one […] The post Femi Otedola Exits Geregu Power in $750 Million Deal, Narrowing Focus to Banking Empire appeared first on Tekedia.
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GM’s Breakout Year: Inside the Forces Powering General Motors to the Top of the U.S. Auto Market
General Motors is heading into the final days of 2025 as the strongest-performing U.S.-traded automaker, capping what has become its most consequential year in the equity markets since emerging from bankruptcy more than a decade ago. A powerful mix of earnings consistency, shareholder-friendly capital allocation, regulatory tailwinds, and a recalibration of the auto industry’s electric […] The post GM’s Breakout Year: Inside the Forces Powering General Motors to the Top of the U.S. Auto Market appeared first on Tekedia.
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Samsung to Bring Google Photos to TVs in 2026, Filling a Long-Standing Gap in the Living Room Screen
Google Photos, one of Google’s most widely used consumer services, has been available for years across smartphones, tablets, laptops, and the web. Yet it has remained absent from what is arguably the most prominent screen in many homes: the television. Even Google’s own Google TV platform does not offer a native Google Photos app, forcing […] The post Samsung to Bring Google Photos to TVs in 2026, Filling a Long-Standing Gap in the Living Room Screen appeared first on Tekedia.
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China to Pay Interest on Digital Yuan Holdings in Major Overhaul Aimed at Reviving Adoption
China’s central bank has unveiled a sweeping overhaul of its digital yuan framework, announcing that commercial banks will soon begin paying interest on digital yuan holdings — a significant policy shift designed to accelerate adoption of the country’s central bank digital currency after years of slow uptake. In an article published on Monday by state-owned […] The post China to Pay Interest on Digital Yuan Holdings in Major Overhaul Aimed at Reviving Adoption appeared first on Tekedia.
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U.S. Pledges $2bn in Humanitarian Aid After Dismantling of USAID Reshapes Foreign Assistance
The United States will commit $2 billion in life-saving humanitarian assistance next year to tens of millions of people facing hunger, disease, and displacement across dozens of countries, the State Department said on Monday. The move marks a significant recalibration of Washington’s aid architecture following the Trump administration’s decision to dismantle the U.S. Agency for […] The post U.S. Pledges $2bn in Humanitarian Aid After Dismantling of USAID Reshapes Foreign Assistance appeared first on Tekedia.
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Strategy Acquires More Bitcoin For $108.8M, Draws Heavy Criticism From Analysts
Strategy has acquired 1,229 BTC for $108.8 million at an average price of $88,568, increasing total holdings to 672,497 BTC acquired for $50.44 billion at $74,997 per coin, achieving 23.2% BTC yield year-to-date. According to a Form 8-K filed on Monday, the coins were acquired Dec. 22-28 and funded through at-the-market stock sales. This purchase […] The post Strategy Acquires More Bitcoin For $108.8M, Draws Heavy Criticism From Analysts appeared first on Tekedia.
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Are Real Human Influencers Set to Reign Supreme Over AI in 2026?
There’s been a notable rise in AI-generated content over the last year, with the technology now capable of creating highly realistic videos. People are finding it harder than ever to tell the difference between what’s real and what’s been AI-generated, and many are not happy about this new reality. In fact, it has led to […] The post Are Real Human Influencers Set to Reign Supreme Over AI in 2026? appeared first on Tekedia.
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Cross-Border Payments: How Stablecoins Are Reducing Volatility
Stablecoins cut cross-border fees, speed settlements, and reduce currency risk—enabling near-instant, low-cost international payments and greater financial inclusion. The post Cross-Border Payments: How Stablecoins Are Reducing Volatility appeared first on Tech In Africa.
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Tekedia Capital Portfolio Startup, Corgi, Rings NASDAQ Opening Bell Today
Good People, join me in congratulating Tekedia Capital portfolio company, Corgi, one of the world’s fastest-growing startups, as it rings the opening bell at NASDAQ today. As Corgi visits the Nasdaq MarketSite in Times Square to launch the Founder-Led ETF (Nasdaq: FDRS), an investment vehicle that offers a simple way to invest in the top […] The post Tekedia Capital Portfolio Startup, Corgi, Rings NASDAQ Opening Bell Today appeared first on Tekedia.
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iPhone 17 Series Breakdown: Full Specs, Price and Best Value Picks 
The iPhone 17 Series is Apple’s latest flagship device in 2025, succeeding the iPhone 16 launched last year. With the series, Apple discontinued the Plus model and introduced the iPhone 17 Air, marketed as the thinnest iPhone.  Users get a 6.3-inch display on the base iPhone 17 and Pro, a 6.5-inch display on the Air, […]
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9 Ways to Prevent Return Fraud and Protect Your E-Commerce Business
Return fraud is one of the fastest-growing challenges facing e-commerce retailers today. From wardrobing and item switching to false “item not received” claims, abuse of return and refund policies quietly eats into margins and operational efficiency. The goal for retailers is not to eliminate returns, but to prevent abuse without damaging customer trust. Here are […]
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SoftBank Acquires DigitalBridge for $4bn to Bolster AI Infrastructure
SoftBank Group has agreed to acquire DigitalBridge Group, a leading global digital infrastructure investment firm, in an all-cash transaction with an enterprise value of approximately $4 billion. The deal, announced Monday, represents a major escalation in founder Masayoshi Son’s aggressive push to dominate the physical backbone of artificial intelligence, securing critical data center capacity, connectivity, […] The post SoftBank Acquires DigitalBridge for $4bn to Bolster AI Infrastructure appeared first on Tekedia.
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Tinubu Approves Cancellation of $1.42bn, N5.57 Trillion NNPC Debts to Federation Account
President Bola Tinubu has approved the cancellation of about $1.42 billion and N5.57 trillion in outstanding debts owed by the Nigerian National Petroleum Company Limited (NNPC Ltd) to the Federation Account, a move that significantly reshapes the fiscal relationship between the state-owned oil firm and the federal government. The approval was contained in a document […] The post Tinubu Approves Cancellation of $1.42bn, N5.57 Trillion NNPC Debts to Federation Account appeared first on Tekedia.
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Verisk Abandons $2.35bn AccuLynx Acquisition After FTC Review Delay, Setting Stage for Legal Dispute
Verisk has terminated its planned $2.35 billion acquisition of roofing software firm AccuLynx after U.S. antitrust regulators failed to complete their review by the deal’s final deadline. The development pinpoints how prolonged regulatory scrutiny continues to reshape the calculus for large technology and data-driven transactions. The data analytics company said on Monday that it pulled […] The post Verisk Abandons $2.35bn AccuLynx Acquisition After FTC Review Delay, Setting Stage for Legal Dispute appeared first on Tekedia.
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China Announces Tariff Cuts on Key Commodities and Medical Products Starting 2026
China will implement tariff reductions on a range of imported products beginning January 1, 2026, including resource-based commodities and medical supplies, as part of ongoing adjustments to its trade policy. The cuts, detailed in a statement from the Customs Tariff Commission of the State Council on Monday, aim to lower costs for critical inputs, support […] The post China Announces Tariff Cuts on Key Commodities and Medical Products Starting 2026 appeared first on Tekedia.
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Nvidia Completes $5bn Intel Share Purchase, Offering Key Lifeline to Struggling Chipmaker
Nvidia has completed a $5 billion investment in Intel, finalizing a closely watched transaction that underscores both Intel’s financial strain after years of strategic missteps and Nvidia’s growing influence across the global semiconductor ecosystem. In a filing on Monday, Intel confirmed that Nvidia purchased more than 214.7 million Intel common shares at a price of […] The post Nvidia Completes $5bn Intel Share Purchase, Offering Key Lifeline to Struggling Chipmaker appeared first on Tekedia.
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Trump’s ‘One Big Beautiful Bill’ Sets the Stage for a Tax-Driven U.S. Growth Push in 2026
In mid-2025, when the U.S. president Donald Trump presented his sweeping tax package dubbed “One Big Beautiful Bill, it swiftly became a subject of controversy – even from his close allies. Now, Reuters reports that economists are increasingly pointing to the tax package as a central force shaping the trajectory of the U.S. economy in […] The post Trump’s ‘One Big Beautiful Bill’ Sets the Stage for a Tax-Driven U.S. Growth Push in 2026 appeared first on Tekedia.
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OpenAI Unveils Curated Prompt Packs for Sales, IT, HR, Government and More
OpenAI has unveiled a broad suite of curated “Prompt Packs” designed to transform ChatGPT from a general-purpose chatbot into a default productivity tool for professionals across industries. These Prompt Packs are structured libraries of ready-to-use prompts tailored to specific roles — such as sales, engineering, product management, HR, IT, leadership, education, nonprofits, and government — […]
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DDoS Attacks in MENA Up 163%, Attacks on Retail at a Historical All-Time-High
StormWall, a cybersecurity company specializing in DDoS protection, analyzed attack patterns across the Middle East and North Africa throughout the third quarter of 2025 and shared their findings in a new report. Here are the most important trends. DDoS attacks in MENA were up 163% year over year in Q3 2025, StormWall data shows, mostly […]
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Half of Africa’s Biggest ‘Startup Rounds’ in 2025 Were Actually Bank Loans
After two years of decline, African tech funding crossed $3 billion in 2025—a 36% jump from 2024’s $2.2 billion. Publications across the continent celebrated the “remarkable comeback,” pointing to mega-rounds exceeding $50 million as proof that investor confidence had returned. But scan the list of 2025’s top 10 largest capital raises and something unusual appears: […] The post Half of Africa’s Biggest ‘Startup Rounds’ in 2025 Were Actually Bank Loans appeared first on Tech In Africa.
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In 2025, cyber breaches in Africa became harder to hide
Cybersecurity breaches remained a constant threat for African institutions in 2025, but the defining shift was visibility. Tougher breach-reporting rules, public leak tactics, and mounting financial losses stripped organisations of the ability to handle incidents quietly. From healthcare and telecoms to power utilities and tax authorities, breaches that might once have been patched and buried were forced into public view, turning cyber incidents into regulatory events, reputational crises, and, increasingly, measurable financial damage.
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Nigeria Should Pursue My 25% Budgetary Suggestion on Defence and Law Enforcement
At a time when it was easy to move around Nigeria without constant concerns over security, I visited more than 100 universities across the country. From Usman Dan Fodio University to OAU Ile-Ife, and of course my alma mater, FUTO, I ran workshops, taught microelectronics programs, and worked closely with faculty to deepen electronics and […] The post Nigeria Should Pursue My 25% Budgetary Suggestion on Defence and Law Enforcement appeared first on Tekedia.
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Finsea24.com Reviews: Revolutionizing Your Trading Experience
The current trading requires speed, transparency and control. Today, traders cannot be satisfied with access to markets only, as they require smart tools, easy execution, and trusted insights. It is in this regard that the Finsea24 trading platform is distinguished. It is based on the needs of new and experienced traders and is designed to […] The post Finsea24.com Reviews: Revolutionizing Your Trading Experience appeared first on Tekedia.
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Binance CEO Richard Teng Highlights Massive Crypto Growth Adoption – 300M Users Worldwide And Counting
Crypto adoption is no longer moving at a steady pace, it is accelerating. Binance CEO Richard Teng, in a post on X, highlights accelerating global crypto adoption, with global users growing at an unprecedented pace. He noted that users grew from 0 to 170 million over 6.5 years, then surged to 300 million in just […] The post Binance CEO Richard Teng Highlights Massive Crypto Growth Adoption – 300M Users Worldwide And Counting appeared first on Tekedia.
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Follow the Money (Wrapped): Tax laws, ATMs’ return, and where money went in 2025
In 2025, TechCabal published about 21 editions of Follow the Money, tracking how Nigerians earned, spent, saved, and lost money in a year shaped by policy shifts, fintech power plays, and tightening government oversight.
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Africa’s 2025 tech dictionary
Rather than one defining headline, the year was shaped by a set of recurring words. Here is the 2025 African tech dictionary.
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TechCabal’s most definitive stories of 2025
A lot happened in Africa's technology industry in 2025. Here are TechCabal’s 15 most definitive stories of the year.
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Ethiopia Telecom Data Prices Under Scrutiny as Operators Adjust Tariffs
Ethiopia’s telecommunications sector is entering a new phase of pricing recalibration as operators respond to rising infrastructure costs, foreign exchange pressures, and broader macroeconomic realities. Industry data shows that mobile broadband prices in Ethiopia have declined sharply in recent years, with entry-level data packages now below regional averages and approaching internationally recognised affordability benchmarks measured […]
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