Naija News Feed
Technology
US Department of Justice Launches Investigation into $2.6B Insider Trading Tied To Trump’s Announcements
The U.S. Department of Justice has reportedly launched an investigation into more than $2.6 billion worth of suspicious oil trades that occurred shortly before major announcements by President Donald Trump regarding the escalating conflict with Iran. The probe, which also involves the Commodity Futures Trading Commission (CFTC), is rapidly becoming one of the most politically […] The post US Department of Justice Launches Investigation into $2.6B Insider Trading Tied To Trump’s Announcements appeared first on Tekedia.
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Anthropic and SpaceX Partner to Expand Compute Capacity Available for Claude
The rapid rise of artificial intelligence has triggered an unprecedented race for computing power, and one of the latest developments in this competition is the reported partnership between Anthropic and SpaceX to expand the compute capacity available for Claude, Anthropic’s flagship AI model. The partnership reflects a growing reality in the AI industry: advanced language […] The post Anthropic and SpaceX Partner to Expand Compute Capacity Available for Claude appeared first on Tekedia.
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Microsoft Is Reconsidering Its Climate Goal As AI Expansion Forces Energy Reckoning
Microsoft is weighing whether to delay or potentially abandon one of the technology industry’s most ambitious clean-energy commitments, a sign of how the artificial intelligence boom is colliding with corporate climate targets across Silicon Valley. According to a Bloomberg report citing people familiar with the matter, Microsoft is reconsidering its goal of matching 100% of […] The post Microsoft Is Reconsidering Its Climate Goal As AI Expansion Forces Energy Reckoning appeared first on Tekedia.
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S&P 500 Surges to New ATH Above 7,350
The rise of the S&P 500 to a new all-time high above 7,350 marks another defining moment in the modern financial era. The benchmark index, widely regarded as the most important gauge of the American stock market, has continued its relentless climb despite years of economic uncertainty, inflation concerns, geopolitical tensions, and rapid technological disruption. […] The post S&P 500 Surges to New ATH Above 7,350 appeared first on Tekedia.
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Paga And Sui Forge Strategic Partnership to Advance Blockchain-Powered Financial Infrastructure in Africa
Paga, a Nigerian financial technology company offering a multicurrency payments ecosystem for individuals and businesses, has partnered with Sui, the blockchain network built by US-based Mysten Labs, to advance the development of next-generation financial infrastructure for Africa. The partnership between Paga and Sui is about building a new blockchain-powered financial infrastructure that expands what Paga […] The post Paga And Sui Forge Strategic Partnership to Advance Blockchain-Powered Financial Infrastructure in Africa appeared first on Tekedia.
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“Buy More Bitcoin Than You Sell” – Michael Saylor Says to Investors
As Bitcoin continues to cement its position in global finance, Michael Saylor, the Executive Chairman of Strategy, has once again doubled down on his bullish stance toward the crypto asset. Saylor, in a recent post on X, has urged investors to adopt a long-term accumulation mindset, saying, “Buy more Bitcoin than you sell.” Known for […] The post “Buy More Bitcoin Than You Sell” – Michael Saylor Says to Investors appeared first on Tekedia.
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GameStop CEO’s eBay Stunt Backfires: Ryan Cohen Said Account Suspended After He Launched Fundraising to Support $56bn Takeover Push
GameStop Chief Executive Ryan Cohen said his eBay account was suspended after he launched an unusual online fundraising stunt tied to his proposed $56 billion takeover bid for eBay, intensifying scrutiny around one of the market’s most unconventional acquisition attempts in recent years. Cohen revealed the apparent suspension on Thursday by posting a screenshot of […] The post GameStop CEO’s eBay Stunt Backfires: Ryan Cohen Said Account Suspended After He Launched Fundraising to Support $56bn Takeover Push appeared first on Tekedia.
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Somalia Launches Smartphone Financing Model Targeting Low-income Users
Hormuud Telecom, Somalia’s telecom operator, has partnered with Mogadishu-based Get-Phone to launch a smartphone financing programme aimed at helping low-income users access smartphones for the first time. In many low-income markets, both smartphone devices and data are expensive relative to incomes, limiting uptake even where developed networks exist. This programme is designed to address this […]
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“UCT and HyperionDev in Partnership to Expand Access to Future-Focused Skills”
The University of Cape Town (UCT) has teamed up with HyperionDev, an online tech education company, in a strategic partnership to offer a range of high-impact, career-focused online programs aimed at equipping students with sought-after digital and leadership skills. The collaboration marks a significant step forward in bridging the gap between higher education and industry, […]
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Nigeria and South Africa Are Pulling the Continent’s Crypto Future Forward
The story of crypto in Africa is often described in general terms, as though the entire continent were progressing at the same rate for the same reasons. As a matter of fact, the few major markets are driving the momentum most and are helping define the next step in adoption as it will appear. Today, […]
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Breaking News: The Premier Cloud Mining Platform, BTC Ecosystem, Generates Daily Passive Income of Up to $39,800!
Amidst the ever-evolving global financial landscape, a new wealth trend is rapidly emerging: the clean energy-driven cloud computing power economy. Credentials Verified: BTC Ecosystem BTCEcosystem is operated by ADAPT ECOSYSTEM PTY LTD, a company incorporated in Australia and regulated by the Australian Securities and Investments Commission (ASIC). Established in October 2022, the platform specializes in […] The post Breaking News: The Premier Cloud Mining Platform, BTC Ecosystem, Generates Daily Passive Income of Up to $39,800! appeared first on Tekedia.
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How Fintech Platforms Like OneFunded Are Democratising Access to Institutional Trading Capital in Emerging Markets
In most accounts of Africa’s fintech revolution, the focus falls on payments: M-Pesa in Kenya, Flutterwave and Paystack in Nigeria, mobile money penetration across the continent. These are real and consequential innovations. But there is a parallel story that receives less attention – the emergence of infrastructure that allows skilled African traders to access institutional-scale […] The post How Fintech Platforms Like OneFunded Are Democratising Access to Institutional Trading Capital in Emerging Markets appeared first on Tekedia.
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Nigeria now Airtel Africa’s second-largest market by revenue per subscriber
ARPU measures how much telecom operators earn per subscriber and is a key indicator of whether revenue is sufficient to cover operating costs and fund network investments. 
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Lovable AI Launches Mobile App for Android and iOS (iPhone, iPad) – Download Now!
Have you ever had a million-dollar app idea strike you at the most inconvenient time, while waiting in line for coffee, riding the bus or wide awake at 2 AM? Usually, you’d jot it down in your notes app and forget about it. But what if you could start building that app right then and […]
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Opera-backed stablecoin app MiniPay rides Africa demand to 15 million wallets
It underscores how Africa has become one of the world's most active testing grounds for crypto payments and dollar savings products.
TechCabal -
Maersk Warns Energy Crisis Will Not Automatically End if Iran War Ends
Danish shipping giant Maersk warned Thursday that the Iran war is inflicting mounting damage on global trade economics, with soaring fuel prices adding nearly $500 million to the company’s monthly costs and raising fears that a prolonged energy shock could eventually choke consumer demand worldwide. The warning from one of the world’s largest container shipping […] The post Maersk Warns Energy Crisis Will Not Automatically End if Iran War Ends appeared first on Tekedia.
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Tesla’s China-Made EV Sales Jump 36% in April, Extending Recovery Streak Amid Fierce Local Competition
Tesla posted its sixth consecutive month of year-over-year sales growth in China in April, with deliveries of vehicles produced at its Shanghai Gigafactory rising 36% from a year earlier, according to data released Thursday by the China Passenger Car Association. The company delivered 79,478 units of the Model 3 and Model Y built in Shanghai […] The post Tesla’s China-Made EV Sales Jump 36% in April, Extending Recovery Streak Amid Fierce Local Competition appeared first on Tekedia.
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Google Rewrites Tech Recruitment, Plans To Let Software Engineers Use AI Assistants In Job Interviews
Google is beginning to dismantle one of Silicon Valley’s oldest traditions: the idea that elite software engineers should solve coding problems entirely on their own. The company is piloting a new interview process that will allow software engineering candidates to use artificial intelligence assistants during portions of the hiring process, a major acknowledgment that the […] The post Google Rewrites Tech Recruitment, Plans To Let Software Engineers Use AI Assistants In Job Interviews appeared first on Tekedia.
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Kalshi Doubles Valuation to $22 Billion as Wall Street Rushes Into Prediction Markets
Prediction market platform Kalshi has raised $1 billion in a new funding round that values the startup at $22 billion, marking the explosive growth of event-based trading markets as institutional investors increasingly treat them as a new financial asset class. The Series F round, announced Thursday, doubles Kalshi’s valuation from the $11 billion mark it […] The post Kalshi Doubles Valuation to $22 Billion as Wall Street Rushes Into Prediction Markets appeared first on Tekedia.
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U.S. Oil Inventories Fall Sharply as America Steps Up as Global Supplier Amid Iran War Disruptions – EIA
U.S. crude oil and refined product inventories saw significant draws last week as the country continued to ramp up exports to offset major supply disruptions caused by the ongoing war with Iran, according to the latest weekly data from the Energy Information Administration (EIA) released on Wednesday. Crude oil stocks fell by 2.3 million barrels […] The post U.S. Oil Inventories Fall Sharply as America Steps Up as Global Supplier Amid Iran War Disruptions – EIA appeared first on Tekedia.
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AI in Responsible Gambling: Enhancing Safety and Security in Online Casinos
Online gambling operators are quietly accelerating their adoption of artificial intelligence to detect harmful play, prevent fraud and tighten security across their platforms — a shift industry analysts say is being driven less by altruism than by regulators who increasingly expect operators to spot at-risk customers before financial damage is done. Major behavioural-analytics suppliers including […] The post AI in Responsible Gambling: Enhancing Safety and Security in Online Casinos appeared first on Tekedia.
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NDPC, NGF sign MoU to Deepen Data Protection, Privacy at State Level
By BizWatch Nigeria Desk | May 8, 2026 Main story The Nigeria Data Protection Commission (NDPC) has signed a Memorandum of Understanding (MoU) with the Nigeria Governors’ Forum (NGF) to strengthen data protection and privacy frameworks across all states of the federation. The agreement, formalised at the NGF Secretariat, marks a key step in extending […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Nvidia Deepens AI Infrastructure Push With Multibillion-Dollar Bet on Data Center Operator IREN
Nvidia is tightening its grip on the artificial intelligence infrastructure boom, striking another strategic partnership designed to extend its influence far beyond semiconductors and deeper into the physical backbone powering the global AI economy. Shares of Australian data center operator IREN surged 13% in extended trading on Thursday after the company announced a sweeping infrastructure […] The post Nvidia Deepens AI Infrastructure Push With Multibillion-Dollar Bet on Data Center Operator IREN appeared first on Tekedia.
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FTMining Launches Mining Service for BTC, ETH, XRP, & DOGE Holders 
FTMining’s new free mining service allows BTC, ETH, XRP and DOGE holders to easily earn passive income without expensive equipment or specialized technical skills.  As cryptocurrencies gain popularity worldwide, more and more investors are beginning to focus on how to earn stable passive income without the need for expensive equipment or specialized skills.  Recently, UK-based […]
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Vercel Breach via Compromised AI Tool Sparks NITDA Warning to Nigerian Organisations
By Boluwatife Oshadiya | May 8, 2026 Key Points Main Story Cloud platform Vercel has disclosed a cybersecurity breach that began with the compromise of a third-party artificial intelligence tool, exposing non-sensitive customer environment variables and highlighting vulnerabilities in AI supply-chain integrations. The incident, publicly detailed in April 2026, stemmed from attackers compromising Context.ai, an […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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WayaWaya founder Teddy Ogallo lived a sheltered life, then had to rebuild everything
Our conversation moves between those personal aspirations and what it takes to build something that lasts. For Ogallo, the two are not separate. They rarely are.
TechCabal -
Paga enters crypto through partnership with blockchain network Sui
It marks Paga's first formal move into crypto since Tayo Oviosu transitioned to Group Chief Executive Officer (CEO) in April.
TechCabal -
Dis-Chem Unvelis Health Hub In Melrose Arch
Getting healthcare in South Africa can often feel complicated, time-consuming and expensive.  Dis-Chem is aiming to change that with the launch of its new Melrose Arch Health Hub. Located in Melrose Arch, the new Health Hub is more than just a store. It brings together a clinic, pharmacy and health cover services under one roof, creating a one-stop destination […]
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NITDA warns Nigerians over AI-powered deepLoad malware attacks
By Boluwatife Oshadiya Key Points Main Story The National Information Technology Development Agency has issued a fresh cybersecurity alert warning Nigerians about a dangerous AI-powered malware known as DeepLoad, which is actively targeting organisations and individuals across the country. In a critical advisory issued through the Computer Emergency Readiness and Response Team, the agency disclosed […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Safaricom is pushing M-PESA deeper into Kenya’s retail investing market
Safaricom, Kenya’s largest telecom operator, is expanding M-PESA's presence in retail investing after assets in its money market fund, Ziidi, more than doubled.
TechCabal -
Quick Fire 🔥 with Sarah Wahinya
Meet Sarah Wahinya, a Web3 and fintech growth strategist and East Africa Lead for Stellar, where she operates at the intersection of partnerships, market expansion, and developer ecosystems.
TechCabal -
👨🏿‍🚀TechCabal Daily – IHS says tchau to fibre
In today's edition: Quick Fire 🔥 with Sarah Wahinya || IHS exits Brazil's fibre market || Safaricom users now buy more data || Who secured the bag? 💰
TechCabal -
Roche Bets Bigger on AI-Driven Cancer Diagnosis With $1 Billion PathAI Deal
Swiss pharmaceutical and diagnostics giant Roche is deepening its push into artificial intelligence-powered healthcare, agreeing to acquire U.S.-based PathAI in a transaction valued at up to $1.05 billion, as global drugmakers race to embed AI deeper into disease detection and personalized medicine. Under the agreement announced Thursday, Roche will pay $750 million upfront for the […] The post Roche Bets Bigger on AI-Driven Cancer Diagnosis With $1 Billion PathAI Deal appeared first on Tekedia.
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EU Moves to Curb Reliance on U.S. Cloud Giants in Major Push for Digital Sovereignty
The European Union is preparing a significant escalation in its drive for technological independence, with officials considering new rules that could restrict governments across the bloc from using American cloud providers to process sensitive public-sector data. The discussions, now taking place inside the European Commission ahead of a major “Tech Sovereignty Package” expected later this […] The post EU Moves to Curb Reliance on U.S. Cloud Giants in Major Push for Digital Sovereignty appeared first on Tekedia.
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Yuan Strengthens to Strongest Level in Over Three Years as Beijing Accelerates Currency Internationalization
China’s central bank has fixed the yuan at its strongest rate against the US dollar in more than three years, underscoring Beijing’s determination to internationalize its currency and reduce reliance on the dollar amid growing global skepticism toward US assets. According to SCMP, the People’s Bank of China (PBOC) set the yuan’s daily midpoint fixing […] The post Yuan Strengthens to Strongest Level in Over Three Years as Beijing Accelerates Currency Internationalization appeared first on Tekedia.
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Peloton Returns to Profit as Subscription Growth and New Partnerships Fuel Turnaround Push
Peloton delivered a modest but symbolically important quarter on Thursday as the connected fitness company returned to profitability, beat Wall Street revenue expectations, and signaled that its long-running turnaround effort may finally be gaining traction after years of declining demand and financial pressure. The company reported fiscal third-quarter revenue of $630.9 million for the period […] The post Peloton Returns to Profit as Subscription Growth and New Partnerships Fuel Turnaround Push appeared first on Tekedia.
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