Naija News Feed
Technology
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
TechCabal -
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, […]
IT News Africa -
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 […]
OgbongeBlog -
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 […]
IT News Africa -
How two high school sweethearts built an AI company for farmers
TechCabal -
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 […]
IT News Africa -
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 […]
IT News Africa -
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 […]
IT News Africa -
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 -
Bolt Business reports strong growth in Nigeria
Bolt Business (https://Bolt.eu/), the corporate mobility solution from Bolt, has recorded strong year-on-year growth in Nigeria, underscoring increasing demand from businesses seeking smarter, more efficient ways to manage employee transportation and business travel. Over the past 12 months, Bolt Business has delivered double-digit growth in Nigeria, driven by expanding adoption across multiple industries, growing demand […]
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Zedcrest Expands Global Payments Ambitions with Leatherback Takeover
Tech In Africa -
Digital platforms complicate Nigeria’s fight against human trafficking – AGF
Key points Main Story The Attorney-General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi, has warned that the growing use of digital platforms by human traffickers is complicating Nigeria’s legal and institutional efforts to combat human trafficking. Fagbemi made the disclosure on Thursday in Abuja during the commemoration of the 2026 World Day […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
BizwatchNigeria -
Quick Fire 🔥 with Omolara Dada
Meet Omolara Dada, a senior product marketing manager at Busha, where she is building the business-to-business (B2B) marketing function from the ground up.
TechCabal -
👨🏿‍🚀TechCabal Daily – More birr for Ethiopia’s Safaricom
TechCabal -
 
 
MTN Nigeria grows h1 profit 70.6%, declares ₦26 interim dividend
By Boluwatife Oshadiya | July 31, 2026 Key Points Main Story MTN Nigeria Plc reported a 70.6% year-on-year increase in profit after tax to ₦707.54 billion in the first half (H1) of 2026, supported by robust revenue growth across its core business segments and improved operating efficiency. According to the company’s unaudited financial statements, revenue […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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OpenAI Deepens AI Price War with Sharp GPT-5.6 Cuts As Race Shifts From Model Power To Cost Efficiency
OpenAI has significantly reduced the prices of two of its latest artificial intelligence models, escalating competition in the generative AI market as leading developers battle to deliver more computing power at lower cost and convince businesses that AI investments can generate measurable returns. The latest pricing overhaul is part of a growing industry shift that […] The post OpenAI Deepens AI Price War with Sharp GPT-5.6 Cuts As Race Shifts From Model Power To Cost Efficiency appeared first on Tekedia.
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Anthropic Scores Another Legal Win as Judge Questions Pentagon’s AI Supply Chain Risk Claims
A U.S. federal judge has cast significant doubt on the Trump administration’s justification for banning the federal government from using Anthropic’s artificial intelligence technology, marking a pivotal moment in a closely watched legal battle that could reshape how Washington regulates and procures advanced AI systems. During a hearing on Thursday, U.S. District Judge Rita Lin […] The post Anthropic Scores Another Legal Win as Judge Questions Pentagon’s AI Supply Chain Risk Claims appeared first on Tekedia.
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Meta Faces Wall Street Pressure as Kaito Bets on Creator Incentives
The latest developments surrounding Meta and Kaito highlight how quickly sentiment can shift across both traditional technology stocks and the crypto economy. While the two stories unfolded in different sectors, they share a common theme: investors are becoming increasingly demanding about execution, growth, and the ability to translate innovation into measurable financial results. A disappointing […] The post Meta Faces Wall Street Pressure as Kaito Bets on Creator Incentives appeared first on Tekedia.
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Indian Reliance Boosts Diesel Exports to Europe And Brazil As Global Supply Tightens Amid Middle East Conflict
India’s Reliance Industries has sharply increased diesel exports to Europe and Brazil in July, taking advantage of soaring global refining margins and helping ease a tightening fuel market strained by the U.S.-Iran conflict and Russia’s temporary diesel export ban. Shipping data and trade sources cited by Reuters show Reliance loaded between 4 million and 5 […] The post Indian Reliance Boosts Diesel Exports to Europe And Brazil As Global Supply Tightens Amid Middle East Conflict appeared first on Tekedia.
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Germany Introduces AI to Streamline Immigration Services and Public Administration
Germany is taking significant step toward modernizing its immigration system by embracing artificial intelligence to streamline the processing of asylum, visa, and residence permit applications. Chancellor Friedrich Merz’s Cabinet approved legislation that would permit immigration authorities to use AI as a supporting tool in handling applications, with the goal of reducing processing times, improving efficiency, […] The post Germany Introduces AI to Streamline Immigration Services and Public Administration appeared first on Tekedia.
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JPMorgan Warns That Failure to Pass The Clarity Act Will Hurt Crypto Markets
American multinational banking institution JPMorgan, has issued a stark warning to US lawmakers, stating that continued delays in passing the Digital Asset Market Clarity Act, commonly known as the Clarity Act, pose an increasing threat to the country’s crypto industry and broader financial innovation. In a recent statement highlighted across financial and crypto circles, the […] The post JPMorgan Warns That Failure to Pass The Clarity Act Will Hurt Crypto Markets appeared first on Tekedia.
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Luno Lays Off 20% of Global Workforce as Crypto Exchange Shifts to Institutional Clients
Luno’s decision to cut roughly 20% of its global workforce marks another significant moment in the ongoing restructuring of the cryptocurrency industry. CEO James Lanigan confirmed that the Digital Currency Group-owned exchange is reducing its headcount as it shifts its strategic focus away from retail trading and toward institutional clients and business-to-business services. While layoffs […] The post Luno Lays Off 20% of Global Workforce as Crypto Exchange Shifts to Institutional Clients appeared first on Tekedia.
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Tech Stocks Under Pressure as SanDisk Erases $220 Billion in Value
SanDisk has suffered one of the most dramatic market reversals of the year, with its shares plunging nearly 58% from their June peak and wiping out an estimated $220 billion in market value. The steep decline has sent shockwaves through technology and financial markets, raising fresh questions about the sustainability of AI-driven rallies, investor leverage, […] The post Tech Stocks Under Pressure as SanDisk Erases $220 Billion in Value appeared first on Tekedia.
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India’s Gold Smuggling Rebounds After Import Duty Hike, WGC Warns Grey Market Is Hurting Formal Trade
India is witnessing a sharp resurgence in gold smuggling after the government raised import duties earlier this year, creating lucrative opportunities for illegal traders while weighing on the country’s formal bullion market, according to the World Gold Council (WGC). The warning exposes the unintended consequences of New Delhi’s decision to increase import tariffs in an […] The post India’s Gold Smuggling Rebounds After Import Duty Hike, WGC Warns Grey Market Is Hurting Formal Trade appeared first on Tekedia.
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Oil Tops $92, Thirty-Year Treasury Yield Hits 19-Year High as ME Tensions Rattle Markets, Stoking Inflation Risks
Renewed Middle East conflict lifts crude prices, pushes Treasury yields to multi-year highs and stokes fears that energy-driven inflation could complicate the Federal Reserve’s path while investors reassess the AI investment boom. Oil prices rose on Thursday after the United States launched a heavy wave of airstrikes against Iran in retaliation for Tehran’s missile attacks […] The post Oil Tops $92, Thirty-Year Treasury Yield Hits 19-Year High as ME Tensions Rattle Markets, Stoking Inflation Risks appeared first on Tekedia.
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OpenAI CFO Reveals Explosive Growth Fueled by GPT-5.6 and ChatGPT Work
The release of OpenAI’s latest artificial intelligence products appears to be accelerating the company’s commercial momentum, with executives revealing that July’s annualized recurring revenue had already surpassed the company’s total revenue for the entire second quarter. The update, shared internally by Chief Financial Officer Sarah Friar, highlights how rapidly enterprise demand for advanced AI tools […] The post OpenAI CFO Reveals Explosive Growth Fueled by GPT-5.6 and ChatGPT Work appeared first on Tekedia.
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