Naija News Feed
Technology
Big Brother Naija 2026: 24 Housemates, 70 Days of Twists & a Massive ₦160 Million Grand Prize
Big Brother Naija 2026 is finally here, and fans across Nigeria and Africa are in for another thrilling season packed with drama, entertainment, strategy, friendships, rivalries, and unforgettable moments. Tagged “Show Ya Sef,” Season 11 promises to be the biggest edition of the reality TV show yet. This year’s competition features 24 carefully selected housemates […]
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Amazon Beats Earnings Estimates, Shares Surge 7% Overnight
Amazon delivered a strong quarterly performance, surpassing Wall Street expectations and sending its shares up roughly 7% in after-hours trading. The results reinforced investor confidence in the company’s ability to balance rapid growth across its e-commerce, cloud computing, advertising, and artificial intelligence businesses despite a challenging global economic environment. The earnings report highlighted Amazon’s continued […] The post Amazon Beats Earnings Estimates, Shares Surge 7% Overnight appeared first on Tekedia.
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Exxon, Chevron Profits Surge As Iran War Drives Oil Prices Higher
ExxonMobil and Chevron posted sharply higher second-quarter profits on Friday after the U.S.-Iran conflict pushed crude oil prices higher, boosting earnings across their upstream and refining operations. The results add to the spike in crude prices and tighter fuel markets that have strengthened the financial performance of the world’s largest oil producers, even as concerns […] The post Exxon, Chevron Profits Surge As Iran War Drives Oil Prices Higher appeared first on Tekedia.
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Nscale to Acquire Anyscale in $1.65bn AI Software Deal to Expand Cloud Infrastructure Platform
Cloud infrastructure provider Nscale has agreed to acquire AI software startup Anyscale in a deal reportedly valued at about $1.65 billion, marking another step in the rapid consolidation of the artificial intelligence infrastructure market as providers race to offer end-to-end platforms capable of powering increasingly complex AI workloads. The acquisition, announced on Thursday, combines one […] The post Nscale to Acquire Anyscale in $1.65bn AI Software Deal to Expand Cloud Infrastructure Platform appeared first on Tekedia.
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OpenAI Sparks AI Price War with Massive GPT-5.6 Cost Reductions
OpenAI has dramatically reduced the pricing of its GPT-5.6 family of artificial intelligence models, signaling an increasingly aggressive battle for dominance in the rapidly evolving AI market. The company announced an 80% price reduction for GPT-5.6 Luna, while lowering GPT-5.6 Terra pricing by 20%, bringing Terra’s cost down to just $2 per million tokens. The […] The post OpenAI Sparks AI Price War with Massive GPT-5.6 Cost Reductions appeared first on Tekedia.
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Strategy Reports $8.2 Billion Q2 Loss as Bitcoin Volatility Weighs on Financial Results
Strategy has reported an $8.2 billion net loss for the second quarter, highlighting the significant impact that Bitcoin price volatility can have on corporate financial statements. While the company remains the world’s largest corporate holder of Bitcoin, the quarterly loss underscores the accounting challenges associated with holding massive digital asset reserves, even as management continues […] The post Strategy Reports $8.2 Billion Q2 Loss as Bitcoin Volatility Weighs on Financial Results appeared first on Tekedia.
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US Economy Slows as Second-Quarter GDP Misses Forecasts While Inflation Continues to Ease
The United States economy expanded at an annualized rate of 1.5% in the second quarter, falling short of economists’ expectations and signaling that economic momentum has weakened despite continued resilience in key sectors. At the same time, the latest inflation data offered a more encouraging picture, with the June Personal Consumption Expenditures inflation rate meeting […] The post US Economy Slows as Second-Quarter GDP Misses Forecasts While Inflation Continues to Ease appeared first on Tekedia.
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Semiconductor Rally Accelerates as Apple Faces Slower Growth and Supply Challenges
The technology sector delivered a dramatic split performance as semiconductor stocks rallied sharply while Apple faced renewed pressure after issuing a cautious outlook for the coming quarter. Investors poured into chipmakers on expectations of sustained demand for artificial intelligence hardware, while concerns over slowing iPhone growth and mounting supply chain challenges weighed heavily on Apple […] The post Semiconductor Rally Accelerates as Apple Faces Slower Growth and Supply Challenges appeared first on Tekedia.
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How To Vote In Big Brother Naija and Save Your Favourite Housemate
Knowing exactly how to vote in Big Brother Naija is crucial if you want to keep your favorite housemates in the bbnaija house. If you’re a fan of Big Brother Naija (BBNaija), then voting is one of the most exciting ways to support your favourite housemate. Every week, viewers across Africa rally behind their preferred […]
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EU expands AI infrastructure push with €10bn plan for seven gigafactories
The European Union will invest €10 billion ($11.5 billion) to build seven artificial intelligence gigafactories across the bloc, significantly expanding its efforts to develop sovereign AI infrastructure and narrow the technology gap with the United States and China. The initiative, announced on Thursday by the European Commission, represents one of Europe’s largest public investments in […] The post EU expands AI infrastructure push with €10bn plan for seven gigafactories appeared first on Tekedia.
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S&P 500 Surges 1.6% as Microsoft Posts Best Trading Day Since 2008
U.S. equities staged a powerful rally as the S&P 500 climbed more than 1.6% in a single trading session, adding over $1.1 trillion in market value. The broad-based advance reflected renewed investor confidence in corporate earnings, the resilience of the U.S. economy, and growing optimism that artificial intelligence will continue to drive the next wave […] The post S&P 500 Surges 1.6% as Microsoft Posts Best Trading Day Since 2008 appeared first on Tekedia.
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NYSE Owner ICE Strikes $5.7bn Deal For Marketaxess to Build Fixed-Income Powerhouse as Bond Trading Boom Gathers Pace
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has agreed to acquire electronic bond trading platform MarketAxess Holdings in a $5.7 billion all-cash deal, a move that significantly strengthens its position in the fast-growing fixed-income market and broadens its ambitions beyond traditional equity trading. The acquisition, announced on Thursday, shows that […] The post NYSE Owner ICE Strikes $5.7bn Deal For Marketaxess to Build Fixed-Income Powerhouse as Bond Trading Boom Gathers Pace appeared first on Tekedia.
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Amazon to Invest Over €300M in Germany as Deutsche Bahn Ends Seven-Year Profit Drought
Germany’s economic recovery gathered fresh momentum in the first half of 2026 as two major developments highlighted growing confidence in Europe’s largest economy. National rail operator Deutsche Bahn announced its first operating profit in its core business in seven years, while Amazon revealed plans to invest more than €300 million to expand its operations in […] The post Amazon to Invest Over €300M in Germany as Deutsche Bahn Ends Seven-Year Profit Drought appeared first on Tekedia.
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BNB Fights Back, ONDO Takes Off, But BlockDAG Emerges as 2026’s Next Big Crypto with Rising Utility and $0.00000015 Entry
The crypto market rarely hands out easy answers, and this week’s action across three projects proves it. Trading near $565, Binance Coin is fighting to hold the $563 support zone, with buyers eyeing $571 as the next hurdle before sentiment can truly turn bullish. Meanwhile, Ondo Finance has unveiled Ondo Network to address the execution […] The post BNB Fights Back, ONDO Takes Off, But BlockDAG Emerges as 2026’s Next Big Crypto with Rising Utility and $0.00000015 Entry appeared first on Tekedia.
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ContiSX Sage – Your Boardroom’s New Protocol
Meet your boardroom’s new protocol. ContiSX Sage is a fully offline, multi-lingual note-taking system built for cooperatives, circles and corporate boards. It sits in the room, records the meeting, interprets in Yoruba, Igbo, Hausa, Pidgin, or English, and seals the minutes on-chain. It is a pure Wazobia breed where any person can speak his or […] The post ContiSX Sage – Your Boardroom’s New Protocol appeared first on Tekedia.
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How the ContiSX Phone Can Attract Muslim Investors
How the ContiSX Phone Can Attract Muslim Investors Nigeria is home to one of Africa’s largest Muslim populations, yet participation in the country’s capital market remains relatively low. While several factors contribute to this gap, one of the most significant is the limited availability and visibility of investment products that align with Islamic financial principles. […] The post How the ContiSX Phone Can Attract Muslim Investors appeared first on Tekedia.
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EY’s AI Routing Technology Could Transform Enterprise Generative AI Costs
As enterprises rapidly integrate artificial intelligence into their daily operations, one of the biggest challenges has become managing the soaring costs associated with running large language models. Every AI prompt consumes computational resources, often measured in tokens, and as businesses scale AI adoption across thousands of employees, token usage can translate into significant operational expenses. […] The post EY’s AI Routing Technology Could Transform Enterprise Generative AI Costs appeared first on Tekedia.
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Russia Extends Fuel Export Curbs Through January 2027, Creating Fresh Opportunities for Refiners Such as India
Russia has extended restrictions on exports of diesel, gasoline and other refined petroleum products until January 31, 2027, bolstering its plan of prioritizing domestic fuel security over export volumes and potentially creating new opportunities for rival fuel exporters, particularly India, to expand their presence in global diesel markets. The Russian government said on Thursday that […] The post Russia Extends Fuel Export Curbs Through January 2027, Creating Fresh Opportunities for Refiners Such as India appeared first on Tekedia.
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South Africa’s Nedbank taps MTN executive to lead technology transformation
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Stonk Broker NFTs on Robinhood Poised to Overtake Pudgy Penguins as Robinhood Delivers Record Earnings
Robinhood has once again captured the attention of both traditional finance and the crypto industry after reporting what CEO Vlad Tenev described as the company’s best quarter ever. The online brokerage posted net income of $573 million on $1.31 billion in revenue, demonstrating the strength of its expanding financial ecosystem despite broader market volatility. Robinhood […] The post Stonk Broker NFTs on Robinhood Poised to Overtake Pudgy Penguins as Robinhood Delivers Record Earnings appeared first on Tekedia.
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Unitree Warns U.S. Restrictions Could Curb Global Expansion As Chinese Robotics Leader Heads For $7bn Shanghai IPO
Chinese robotics company Unitree Technology has warned that expanding U.S. restrictions on foreign-made robots could weigh on its overseas growth, highlighting mounting geopolitical risks for Chinese technology firms as the company prepares for a high-profile listing on Shanghai’s STAR Market next month. The Hangzhou-based maker of humanoid and quadruped robots disclosed in its initial public […] The post Unitree Warns U.S. Restrictions Could Curb Global Expansion As Chinese Robotics Leader Heads For $7bn Shanghai IPO appeared first on Tekedia.
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Trump-Iran Conflict, Fed Rate Decision, and Oil Price Surge
Trump’s pledge to respond after Iran reportedly launched a strike on a U.S. airbase in Jordan has reignited fears of a broader Middle East conflict, sending shockwaves through global financial markets. Oil prices surged 7% in a single trading session as investors rushed to price in the possibility of supply disruptions across one of the […] The post Trump-Iran Conflict, Fed Rate Decision, and Oil Price Surge appeared first on Tekedia.
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Bitcoin Posts Strong Gain in July After Consecutive Declines – Will the Momentum Continue in August?
Bitcoin has delivered a notable rebound in July, rising 9.82% for the month and ending a stretch of consecutive losses. The surge follows a 3.41% decline in May and a sharp 20.48% drop in June, according to monthly returns data from Coinglass. However, the recent recovery has brought Bitcoin back into positive territory for the […] The post Bitcoin Posts Strong Gain in July After Consecutive Declines – Will the Momentum Continue in August? appeared first on Tekedia.
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Amazon’s AWS Posts Fastest Growth in Nearly Five Years As AI Demand Accelerates Cloud Expansion
Amazon delivered a stronger-than-expected performance from its cloud computing business in the second quarter, with Amazon Web Services (AWS) recording its fastest revenue growth since 2021 as surging demand for artificial intelligence infrastructure continues to reshape the global cloud market. The results reinforce the view that hyperscale cloud providers remain among the biggest beneficiaries of […] The post Amazon’s AWS Posts Fastest Growth in Nearly Five Years As AI Demand Accelerates Cloud Expansion appeared first on Tekedia.
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DoorDash Enters the Drone Delivery Race, Intensifying Competition in Last-Mile Logistics
DoorDash is taking a major step into the future of food and retail logistics by launching its own competing drone delivery service, marking a significant escalation in the race to redefine last-mile delivery. The move positions the company alongside industry pioneers such as Amazon, Walmart, and Alphabet’s Wing, all of which have spent years investing […] The post DoorDash Enters the Drone Delivery Race, Intensifying Competition in Last-Mile Logistics appeared first on Tekedia.
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Why Enterprise Cyber Resilience Requires More Than Backup Alone
If your organization still relies on backups as its primary defense against cyberattacks, it is taking a bigger risk than many leaders realize. Modern ransomware, insider threats, and software vulnerabilities can interrupt operations long before backup files are restored, making a broader cyber resilience strategy essential. A successful recovery plan is no longer about getting […] The post Why Enterprise Cyber Resilience Requires More Than Backup Alone appeared first on Tekedia.
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Saviynt Exceeds $300 Million in ARR and Launches Zuma the Enterprise AI Identity Security Platform
Saviynt, a leading provider of identity security solutions, announced significant business momentum, surpassing $300 million in annual recurring revenue while growing bookings by more than 80% and maintaining a leading 96% customer retention rate. It also launched Zuma, a complete AI identity security platform that provides organizations with an innovative, agile, and effective solution to adopt, […]
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Empowering the Future: How the Oprah Winfrey Leadership Academy for Girls Is Expanding Its Phenomenal Impact
Oprah Winfrey Leadership Academy for Girls (OWLAG) is embarking on a monumental new chapter to redefine educational empowerment in South Africa. After two decades of transforming lives and graduating over 1,000 extraordinary young women, the elite institution is strategically transitioning from its flagship residential campus into a nationwide scholarship model designed to double its reach […]
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How PayBox ChatGPT Claude Integration Unleashes Instant, Effortless AI Payments Direct From Your Chat!
Imagine typing a quick prompt to your favorite AI assistant—“Book my flight to London,” “Swap $100 of PYUSD to SOL,” or “Reserve a table for two tonight”—and having the transaction completed in seconds without ever opening another tab or app. This isn’t a distant tech vision for the future. PayBox ChatGPT Claude integration is officially […]
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How China’s Used Car Boom Is Reshaping Ghana’s Import Market
Ghana’s used car market sits at the center of a wider shift in global vehicle trade. For many households and small businesses, imported secondhand vehicles remain the most realistic path to private mobility, commercial transport, and ride-hailing income. At the same time, changing supply patterns in China, tighter import documentation, and Ghana’s own rules on […]
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How two high school sweethearts built an AI company for farmers
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South Africa’s digital future depends on cyber resilience
South Africa’s data centre sector is expanding rapidly. New investment is creating opportunities for economic growth, digital innovation and regional connectivity, while positioning the country as a strategic hub for Africa’s digital economy. The country now hosts nearly half of Africa’s data centre capacity, with the local market projected to grow from US$2.16 billion in […]
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How to Cover a Cash Gap Before Payday
You know the feeling. It’s the Tuesday before payday, the fridge is looking sad, the car needs petrol, and your bank balance has that uncomfortable habit of turning red before the month is even done. This gap between what you owe and what you have — the “cash gap” — is one of the most […]
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Kaspersky uncovers new Mirage Kitten malware used in cyber-espionage campaign
Kaspersky Global Research and Analysis Team (GReAT) has discovered a previously undocumented malware set used by Mirage Kitten APT. The findings were revealed at its annual Kaspersky Cyber Security Weekend for the Middle East, Turkiye and Africa (META). The malicious tools were used in a targeted campaign aimed at maintaining long-term access to victim networks […]
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The value of advisory services for critical infrastructure in West Africa
As West Africa’s industrial and digital landscape expands at pace, organisations are facing a new reality: infrastructure is no longer just an operational asset, it is a strategic determinant of performance, resilience, and competitiveness. Against a backdrop of ageing infrastructure, skills shortages, and energy constraints, organisations must balance growing operational demands with reliability and efficiency. […]
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MTN Nigeria’s fintech revenue slumps after airtime lending pause
TechCabal -