Naija News Feed
Technology
Japan Moves to Internalize Digital Assets and Traditional Finance
Japan is entering a new phase of institutional crypto integration, as major financial and technology conglomerates move to internalize digital asset product development. According to a report by Nikkei, both SBI Holdings and Rakuten Group are advancing plans to build cryptocurrency investment trusts in-house rather than relying on external fund structures. The move signals a […] The post Japan Moves to Internalize Digital Assets and Traditional Finance appeared first on Tekedia.
Tekedia -
Forsage’s Cofounder Extradited from Thailand to the United States on Crypto-linked Pyramid Schemes 
The extradition of an alleged co-founder of Forsage from Thailand to face charges in the United States marks one of the most consequential enforcement actions yet against large-scale crypto-linked pyramid schemes. The defendant, identified by prosecutors as a central figure in the $340 million fraud case, has pleaded not guilty in federal court, setting the […] The post Forsage’s Cofounder Extradited from Thailand to the United States on Crypto-linked Pyramid Schemes  appeared first on Tekedia.
Tekedia -
Bitcoin Depot Files for Chapter 11 Protection 
The filing of Chapter 11 bankruptcy protection by US-based crypto ATM operator Bitcoin Depot marks a significant inflection point for the physical on-ramp segment of the digital asset economy. Once considered one of the most visible bridges between cash-based retail users and cryptocurrencies, Bitcoin ATMs symbolized the early phase of crypto adoption in the United […] The post Bitcoin Depot Files for Chapter 11 Protection  appeared first on Tekedia.
Tekedia -
As SpaceX Pre-IPO Perp Intensifies, Attention Shifting to Crypto-native Derivatives 
As speculation around a potential public listing of SpaceX intensifies, attention is shifting beyond traditional equity markets into crypto-native derivatives. The question is no longer only how much SpaceX might be worth, but whether traders will be able to express that view through pre-IPO perpetual futures. In cryptocurrency markets, perpetual contracts have already become the […] The post As SpaceX Pre-IPO Perp Intensifies, Attention Shifting to Crypto-native Derivatives  appeared first on Tekedia.
Tekedia -
Trump says U.S. should have taken bigger Intel stake as chipmaker becomes centerpiece of America’s AI strategy
U.S. President Donald Trump has stated that Washington should have demanded a larger ownership stake in Intel Corporation, underscoring how central the once-struggling chipmaker has become to America’s industrial and artificial intelligence ambitions. Speaking in an interview with Fortune published Monday, Trump revisited last year’s landmark government intervention that resulted in the U.S. taking a […] The post Trump says U.S. should have taken bigger Intel stake as chipmaker becomes centerpiece of America’s AI strategy appeared first on Tekedia.
Tekedia -
Kenya appoints Adan Mohamed as tax chief amid revenue pressure 
Kenya has appointed Adan Abdulla Mohamed as Commissioner General of the Kenya Revenue Authority (KRA), in a major leadership reshuffle as President William Ruto’s government faces growing pressure to raise revenue.
TechCabal -
Africa Bitcoin Corporation upgrades listing to Johannesburg Stock Exchange Main Board
The move is the latest step in Africa Bitcoin Corporation’s multi-exchange expansion across Africa, as it seeks to bring Bitcoin exposure to institutional investors through publicly traded stock exchanges.
TechCabal -
MoneyHash hires Hwan Lee as Africa regional director in continental expansion
The appointment aligns with MoneyHash’s ambition of building what it previously described as a fully agnostic payments infrastructure layer.
TechCabal -
Preserving Their Light: Elegant Choices for Custom Memorial Gifts
Grief is not a linear journey with a neat finish line. When we lose someone vital to our universe, the initial shock eventually transitions into a quiet, long-term desire for remembrance. We look for ways to weave their memory into the daily tapestry of our lives, ensuring that their laughter, their wisdom, and their presence […] The post Preserving Their Light: Elegant Choices for Custom Memorial Gifts appeared first on Tekedia.
Tekedia -
Is the Weltrade Forex Trading Website a Scam or Legit Platform? A Complete Review for Beginners
Online forex trading has become one of the fastest-growing industries worldwide. Thousands of people now explore currency pairs trading, synthetic indices, commodities, and cryptocurrency markets on Weltrade’s global brokerage site as a way to diversify their investment opportunities. While the forex trading industry has been growing exponentially in recent years, concerns about the proliferation of […] The post Is the Weltrade Forex Trading Website a Scam or Legit Platform? A Complete Review for Beginners appeared first on Tekedia.
Tekedia -
As DFI money dries up, AFC is doubling down on African VC with $100 million
Begna Gebreyes, the head of AFC’s technology division, is leading this pivot into tech investing for one of the largest Africa-focused development financial institutions. 
TechCabal -
Sports Gambling Is Quietly Becoming a Tech Industry
Sports gambling used to be considered an industry in which casino operators or underground bookies offered simple odds to weekend gamblers before matches. However, in today’s reality, that perception of the industry can hardly hold ground. Indeed, as the number of online betting operations increases, the industry is starting to resemble technology ventures. With the […] The post Sports Gambling Is Quietly Becoming a Tech Industry appeared first on Tekedia.
Tekedia -
 
 
A Look into VanEck and Grayscale Amendment in its BNB ETF Filings
The latest synchronized amendments from VanEck and Grayscale to their respective BNB ETF filings mark more than routine regulatory housekeeping—they signal that the U.S. altcoin ETF pipeline is shifting from theoretical expansion into a structured, competitive rollout phase. With both issuers refining their applications in parallel, Binance Coin (BNB) has moved to the front of […] The post A Look into VanEck and Grayscale Amendment in its BNB ETF Filings appeared first on Tekedia.
Tekedia -
Showmax is gone. MultiChoice’s future is now premium streaming and payments
DStv Stream reflects Canal+’s effort to streamline MultiChoice’s overlapping streaming bets after years of heavy losses and rising platform costs at Showmax, in a market where subscriber scale never matched the level of investment. Rather than exiting streaming, MultiChoice is consolidating around higher-margin businesses as it seeks more capital-efficient sources of growth.
TechCabal -
Publicis to Acquire U.S.-based Data Company, LiveRamp, for $2.2 billion
Publicis Groupe is doubling down on its transformation into a data and artificial intelligence-driven marketing powerhouse after agreeing to acquire U.S.-based data collaboration company LiveRamp in a $2.2 billion all-cash transaction. The deal, announced Sunday, marks one of the advertising industry’s most significant technology acquisitions in recent years and underscores how global agency groups are […] The post Publicis to Acquire U.S.-based Data Company, LiveRamp, for $2.2 billion appeared first on Tekedia.
Tekedia -
CBN’s Tight CRR Policy May Be Costing Nigerian Banks Trillions, Chapel Hill Denham Warns
Nigeria’s banking sector may be sacrificing trillions of naira in earnings each year under the Central Bank of Nigeria’s aggressive cash sterilization policy, according to a new report by Chapel Hill Denham. The firm believes that the country’s lenders remain among the most undervalued in Africa largely because of restrictive monetary regulations and persistent macroeconomic […] The post CBN’s Tight CRR Policy May Be Costing Nigerian Banks Trillions, Chapel Hill Denham Warns appeared first on Tekedia.
Tekedia -
China to Purchase $17bn Worth of Agriculture Products from U.S. – White House
China has committed to purchasing at least $17 billion worth of U.S. agricultural products annually between 2026 and 2028, according to a White House fact sheet released Sunday, signaling a fresh attempt by Washington and Beijing to stabilize economic relations after years of tariff battles. The agreement emerged from meetings last week between Donald Trump […] The post China to Purchase $17bn Worth of Agriculture Products from U.S. – White House appeared first on Tekedia.
Tekedia -
Banks and Financial Corporations Exploring a Parallel Stablecoin Economy
The global financial system is quietly undergoing one of the most significant transformations since the rise of online banking. While much of the public conversation around cryptocurrency has focused on speculative trading, memecoins, and volatile markets, institutions are building something far more consequential: a parallel stablecoin economy. Banks, payment companies, fintech firms, asset managers, and […] The post Banks and Financial Corporations Exploring a Parallel Stablecoin Economy appeared first on Tekedia.
Tekedia -
AFC enters African VC with $40 million backing for Future Africa, Lightrock
AFC has invested $40 million in Future Africa and LightRock Africa II. Another $60 million is queued for African tech VC fund managers.
TechCabal -
Read Before Investing in SpaceX IPO
Comment in Tekedia Capital WhatsApp Group: “Nd, I hope we can participate in the [SpaceX] IPO. Pls, I would like to know how. Thanks”. [From Fortune Magazine: “The company [SPACEX] had already filed confidentially and is seeking to raise up to $75 billion at a valuation of $1.75 trillion. That would surpass the current record […] The post Read Before Investing in SpaceX IPO appeared first on Tekedia.
Tekedia -
Read Before Investing in Tesla IPO
Comment in Tekedia Capital WhatsApp Group: “Nd, I hope we can participate in the [Tesla] IPO. Pls, I would like to know how. Thanks”. [From Fortune Magazine: “The company [Tesla] had already filed confidentially and is seeking to raise up to $75 billion at a valuation of $1.75 trillion. That would surpass the current record […] The post Read Before Investing in Tesla IPO appeared first on Tekedia.
Tekedia -
Kenya’s ride-hailing drivers abandon apps as fuel strike cripples Nairobi
A spot check by TechCabal in over 10 bus stops across Nairobi found thousands of stranded commuters unable to get into the city for work as public transport operators kept vehicles off the roads. 
TechCabal -
👨🏿‍🚀TechCabal Daily – GoTyme employees to receive stocks
In today's edition: GoTyme employees to receive stock options || Vumatel to acquire 100% Herotel fibre business || a16z backs Stitch, a Saudi-based fintech || NCBA signs EV asset financing deal
TechCabal -
What Makes News in a VUCA Nigeria?
The media environment in Nigeria has never been more dynamic, pressured, or unpredictable. For journalists and editors navigating today’s information ecosystem, understanding how news values operate within a VUCA environment, defined by Volatility, Uncertainty, Complexity, and Ambiguity, has become increasingly important. Newsrooms are no longer simply selecting stories based on traditional editorial judgment. They are […] The post What Makes News in a VUCA Nigeria? appeared first on Tekedia.
Tekedia -
 
 
Registration-Free Casinos and the UX Shift Driving Their Growth
The friction of account creation has become one of the most studied problems in digital product design. Research consistently shows that conversion rates drop significantly with every additional step in a sign-up flow. The online casino industry, which has always been acutely aware of the gap between player intent and player action, has responded with […] The post Registration-Free Casinos and the UX Shift Driving Their Growth appeared first on Tekedia.
Tekedia -
Prudential Bets Bigger On India, To Acquire A 75% Stake In Bharti Life Insurance Company
Prudential plc is deepening its push into India’s fast-growing insurance market after agreeing to acquire a 75% stake in Bharti Life Insurance Company in a deal that marks a major restructuring of the British insurer’s operations in the country. The Hong Kong and London-listed insurer said Sunday it would buy the controlling stake from Bharti […] The post Prudential Bets Bigger On India, To Acquire A 75% Stake In Bharti Life Insurance Company appeared first on Tekedia.
Tekedia -
German Blue-chip Companies Demonstrating Resilience Despite Slow Economic Growth
Germany’s leading blue-chip companies are demonstrating a striking level of resilience in the face of slowing economic momentum across Europe. Despite weaker sales figures, many of the country’s largest corporations have managed to lift profits through cost discipline, efficiency gains, automation, and strategic restructuring. The development highlights how major firms are adapting to a challenging […] The post German Blue-chip Companies Demonstrating Resilience Despite Slow Economic Growth appeared first on Tekedia.
Tekedia -
OpenAI Puts Greg Brockman in Charge of Product Strategy as Company Refocuses on ChatGPT and AI Agents
OpenAI co-founder Greg Brockman is formally taking control of the company’s product strategy in a move that signals a deeper restructuring inside the artificial intelligence firm as it intensifies focus on ChatGPT, coding tools, and AI agents. According to a report by Wired, Brockman will now officially oversee OpenAI’s product direction, solidifying a transition that […] The post OpenAI Puts Greg Brockman in Charge of Product Strategy as Company Refocuses on ChatGPT and AI Agents appeared first on Tekedia.
Tekedia -
Tezos Privacy-focused Technologies Complement Recent Quest for Safer DeFi Rails
Privacy has long been one of the most debated and technically difficult frontiers in blockchain development. While many networks spent years discussing how to integrate confidential transactions without sacrificing decentralization, scalability, or regulatory flexibility, Tezos quietly deployed production-grade shielded transactions as early as 2021. Today, in 2026, as competing ecosystems race to introduce privacy primitives […] The post Tezos Privacy-focused Technologies Complement Recent Quest for Safer DeFi Rails appeared first on Tekedia.
Tekedia -
Wall Street Wants Tokenization Due to Efficiency and Prompt Settlements
For decades, Wall Street has operated on financial infrastructure built long before the internet era reached its full potential. Traditional stock trading may appear instantaneous to retail investors, but behind the scenes, settlement systems, clearinghouses, brokers, custodians, and banks create layers of complexity that slow down transactions and increase costs. Tokenization is emerging as Wall […] The post Wall Street Wants Tokenization Due to Efficiency and Prompt Settlements appeared first on Tekedia.
Tekedia -
Ronin Completes its Migration as an Ethereum Layer 2 Infrastructure, as Whales Control 67.47% of Cardano’s ADA Token Supply
Ronin’s completion of its migration from a standalone Layer 1 blockchain to an Ethereum Layer 2 marks a defining moment in the evolution of blockchain infrastructure. The network, originally engineered to support the explosive growth of the blockchain gaming ecosystem surrounding Axie Infinity, has now repositioned itself within Ethereum’s broader scalability framework. By describing the […] The post Ronin Completes its Migration as an Ethereum Layer 2 Infrastructure, as Whales Control 67.47% of Cardano’s ADA Token Supply appeared first on Tekedia.
Tekedia -
GitHub Officially Releases the AI Software Engineering Certification Program
In 2026, the software engineering labor market is undergoing another structural shift as GitHub has introduced an official certification program targeting one of the most in-demand developer roles of the decade. The move reflects the growing need for standardized validation of skills in an ecosystem increasingly shaped by AI-assisted development, distributed teams, and rapid deployment […] The post GitHub Officially Releases the AI Software Engineering Certification Program appeared first on Tekedia.
Tekedia -
BlackRock weighs up to $10bn investment in SpaceX IPO as Elon Musk’s rocket company targets record-breaking listing
BlackRock has discussed investing between $5 billion and $10 billion in the upcoming initial public offering of SpaceX, according to a report by The Information. The reported discussions come as SpaceX prepares for what could become the largest stock market flotation in history, with the company targeting a fundraising of roughly $75 billion at a […] The post BlackRock weighs up to $10bn investment in SpaceX IPO as Elon Musk’s rocket company targets record-breaking listing appeared first on Tekedia.
Tekedia -
Tokenization and Event Ticketing Will Kickstart Next NFT Bull Run
The non-fungible token market has gone through several dramatic phases since exploding into mainstream consciousness in 2021. What began as a frenzy around profile pictures, digital art, and speculative collectibles has gradually matured into a broader discussion about ownership infrastructure on the internet. According to executives at OpenSea, the next major wave of NFTs may […] The post Tokenization and Event Ticketing Will Kickstart Next NFT Bull Run appeared first on Tekedia.
Tekedia -
Tesla Raises Model Y Prices in U.S. as EV Giant Tests Pricing Power Amid Slowing Demand
Tesla has raised prices for several versions of its Tesla Model Y in the United States, signaling a fresh attempt by the electric-vehicle maker to protect margins after years of aggressive discounting reshaped the global EV market. According to updates on Tesla’s website on Saturday, the company increased the price of the Model Y Premium […] The post Tesla Raises Model Y Prices in U.S. as EV Giant Tests Pricing Power Amid Slowing Demand appeared first on Tekedia.
Tekedia -
Bitcoin Plunges Below $78,000 as Over $500 Million in Long Positions Are Liquidated Amid Macro Headwinds
Bitcoin has experienced a sharp decline, briefly dipping below the psychologically important $78,000 level. The cryptocurrency fell roughly 3–3.5% in the 24 hours, completely erasing its gains from the previous week when it had surged above $82,000 on Thursday. This move triggered a significant liquidation cascade, with over $500 million in cryptocurrency long positions wiped […] The post Bitcoin Plunges Below $78,000 as Over $500 Million in Long Positions Are Liquidated Amid Macro Headwinds appeared first on Tekedia.
Tekedia -