Naija News Feed
Technology
Paying Rent for Sunlight: Solar Subscription Plans Are Just Another NEPA Bill in Disguise
Tech City NG -
Africa Via, AXIAN, PIDG and FMO Sign €50 Million Financing Agreement for the Kong Solaire Project
Tech In Africa -
What Happens When Someone You Love Becomes Unreachable?  
What Happens When Someone You Love Becomes Unreachable?   S Someone says they are on their way home. An hour passes. Then another. Calls go straight to voicemail, messages do not deliver, and connectivity drops. At that moment, the anxiety shifts from “Where are they?” to “Are they safe?”  It is a scenario many people recognise, and it is the exact problem driving SafX, […] TechCity
Tech City NG -
The Mathematics of Luck: Understanding Variance and RTP in Online Gaming
The evolution of digital entertainment has transformed online gaming from simple virtual recreations of classic casino games into sophisticated, algorithmically driven experiences. Across Europe, and specifically within Hungary’s expanding digital entertainment sector, millions of active users engage daily with digital titles ranging from modern video slots to live-dealer table games. While the visual design, immersive […] The post The Mathematics of Luck: Understanding Variance and RTP in Online Gaming appeared first on Tekedia.
Tekedia -
Modern Fortresses: How Regulatory Bodies Prevent Fraud Across Entertainment Platforms
The rapid digitization of the global economy has fundamentally altered how consumers engage with interactive media. Today, digital platforms seamlessly combine high-speed connectivity with advanced digital payment gateways, allowing millions to access immersive experiences from anywhere in the world. However, this unprecedented level of convenience has triggered a parallel surge in digital fraud. As virtual […] The post Modern Fortresses: How Regulatory Bodies Prevent Fraud Across Entertainment Platforms appeared first on Tekedia.
Tekedia -
Eva Ngigi Sarwari, Equity’s head of payments, dies on business trip to China
TechCabal -
Nigeria’s Inflation Rate Falls to 14.63% in September 2026 as Price Growth Slows
Nigeria’s headline inflation rate declined to 14.63% year-on-year in September 2026, down from 15.39% recorded in August, according to the National Bureau of Statistics (NBS). The latest figures indicate a continued easing of inflationary pressures, offering a potentially encouraging signal for households, businesses and policymakers seeking greater economic stability. The decline was driven primarily by […] The post Nigeria’s Inflation Rate Falls to 14.63% in September 2026 as Price Growth Slows appeared first on Tekedia.
Tekedia -
AI Neolabs Are Raising Huge Sums, but Have Little to Show for It
The artificial intelligence boom is attracting enormous amounts of investment, with emerging AI laboratories raising billions of dollars on promises of revolutionary technology, commercial breakthroughs, and unprecedented productivity gains. However, beneath the excitement lies a growing concern: many of these companies have little tangible progress to demonstrate, while unreliable financial figures and exaggerated performance claims […] The post AI Neolabs Are Raising Huge Sums, but Have Little to Show for It appeared first on Tekedia.
Tekedia -
Taiwan Blocks Coinbase and Kalshi Over Suspected Election Betting
Taiwan has reportedly blocked access to cryptocurrency exchange Coinbase and prediction market platform Kalshi over suspicions that their services could facilitate election betting, highlighting growing concerns about the influence of digital platforms on political processes. The move reflects the challenges governments face in regulating emerging financial technologies while protecting electoral integrity and enforcing domestic laws. […] The post Taiwan Blocks Coinbase and Kalshi Over Suspected Election Betting appeared first on Tekedia.
Tekedia -
OpenAI Races to Raise $30bn Ahead of Anthropic IPO as AI Valuations Face Market Pressure
OpenAI is accelerating efforts to secure investor commitments for a funding round of about $30 billion that could value the ChatGPT developer at more than $1.4 trillion, seeking to lock in capital before rival Anthropic’s expected stock market debut in mid-November, people familiar with the matter told Reuters. The unusually compressed fundraising timetable highlights intensifying […] The post OpenAI Races to Raise $30bn Ahead of Anthropic IPO as AI Valuations Face Market Pressure appeared first on Tekedia.
Tekedia -
South Africa wants every ATM to serve every bank’s customers. Here is the plan
South Africa wants every ATM to serve every bank’s customers. Here is the plan The Reserve Bank wants one shared, unbranded ATM network by 2027 and 2028. What would change at the machine, and what it could mean for your fees. TechCity
Tech City NG -
How to wipe your phone before you sell it or trade it in
How to wipe your phone before you sell it or trade it in Erase your data and sign out of your accounts in the right order, so your old iPhone or Android phone is clean and ready for its next owner. TechCity
Tech City NG -
 
 
How to stop your smart TV from tracking what you watch
How to stop your smart TV from tracking what you watch Your TV can log what you watch, even from a cable box. Here is the off switch on Roku, Vizio, Samsung, LG and Google TV, and what it does not stop. TechCity
Tech City NG -
The US government is removing DeepSeek from federal computers. Here is what that means for you
The US government is removing DeepSeek from federal computers. Here is what that means for you DHS ordered DeepSeek products off federal civilian systems. It does not ban the app for you, but it is a good reason to check what you share. TechCity
Tech City NG -
Gabon’s first angel network is building more than a portfolio
TechCabal -
A data centre is not a cloud platform: Why the distinction matters
TechCabal -
NCC’s device verification tool exposes vulnerabilities in Nigeria’s mobile imports
The NCC’s new device verification tool helps buyers identify unapproved phones. But Nigeria’s import-dependent mobile market and fragmented distribution networks could complicate enforcement and leave consumers without clear refund options.
TechCabal -
Elon Musk Pledges One SpaceX Share to Every U.S. Child Next Year
Elon Musk has announced he will give one of his personal SpaceX shares to every child in America next year, calling it “the first of many.” In a post on X, the SpaceX CEO and world’s richest person wrote: “Next year, I will give one of my SpaceX shares to every kid in America. This […] The post Elon Musk Pledges One SpaceX Share to Every U.S. Child Next Year appeared first on Tekedia.
Tekedia -
Anthropic IPO Will Be a ‘very speculative investment’, But AI Chipmakers Remain Key Beneficiaries – Analyst
Anthropic’s anticipated initial public offering could become a defining event for the artificial intelligence industry, testing investor appetite for fast-growing AI companies at a time when questions about revenue growth, infrastructure spending and profitability are intensifying. However, longtime technology analyst Gil Luria believes investors may be better served by focusing on the companies supplying the […] The post Anthropic IPO Will Be a ‘very speculative investment’, But AI Chipmakers Remain Key Beneficiaries – Analyst appeared first on Tekedia.
Tekedia -
Nasdaq Rallies 1.1% as Chip Stocks Rebound After Selloff, but AI Financing Concerns Persist
Wall Street’s technology-heavy Nasdaq Composite led gains on Monday as investors returned to semiconductor companies and other artificial intelligence-related stocks following last week’s sharp selloff, although concerns over borrowing costs, AI infrastructure spending and rising oil prices continued to cloud the market outlook. The Nasdaq Composite rose 290.85 points, or 1.11%, to close at 26,430.89, […] The post Nasdaq Rallies 1.1% as Chip Stocks Rebound After Selloff, but AI Financing Concerns Persist appeared first on Tekedia.
Tekedia -
Strategy Continues Bitcoin Buying Spree with $22.1 Million Purchase, Holdings Exceed 4% of Total Supply
Strategy, the Bitcoin treasury company led by Michael Saylor, has purchased another 267 bitcoins for approximately $22.1 million. The acquisition took place between October 12 and October 18 at an average price of about $82,900 per bitcoin, according to a recent SEC filing. The latest buy lifts Strategy’s total holdings to 848,517 bitcoin. The company […] The post Strategy Continues Bitcoin Buying Spree with $22.1 Million Purchase, Holdings Exceed 4% of Total Supply appeared first on Tekedia.
Tekedia -
AI Stocks Rebound After $2tn Semiconductor Rout, Goldman Sachs Upgrades CoreWeave to “Buy”
AI-linked stocks rebounded on Monday as falling government bond yields and easing crude oil prices offered relief after a bruising selloff last week, but renewed gains did little to resolve investor concerns about the debt burden of AI infrastructure companies, rising financing costs and the valuations attached to the sector. CoreWeave rose 2.4% in volatile […] The post AI Stocks Rebound After $2tn Semiconductor Rout, Goldman Sachs Upgrades CoreWeave to “Buy” appeared first on Tekedia.
Tekedia -
China’s CXMT Shares Fall 7.8% Despite Forecast $19.6bn Profit as AI Chip Boom Faces Supply Risks
Shares of Chinese memory chipmaker ChangXin Memory Technologies (CXMT) fell 7.8% on Monday, despite the company forecasting a dramatic return to profitability for the first nine months of 2026, as investors weighed strong demand for memory chips against growing concerns over the sustainability of the artificial intelligence investment boom. CXMT said in a filing on […] The post China’s CXMT Shares Fall 7.8% Despite Forecast $19.6bn Profit as AI Chip Boom Faces Supply Risks appeared first on Tekedia.
Tekedia -
Anthropic’s Jack Clark Says AI Could Lift US GDP to $44 Trillion by 2030
Artificial intelligence could dramatically reshape the United States economy over the next four years, potentially lifting gross domestic product to $44 trillion by 2030, according to Anthropic co-founder Jack Clark. The projection highlights growing expectations that AI-driven productivity gains could transform industries, accelerate economic growth and change how businesses operate across the country. Clark, who […] The post Anthropic’s Jack Clark Says AI Could Lift US GDP to $44 Trillion by 2030 appeared first on Tekedia.
Tekedia -
 
 
Barclays Says CoreWeave’s Debt Troubles Do Not Signal a Wider AI Spending Crisis
Barclays has warned investors against interpreting CoreWeave’s mounting debt pressures as evidence that the broader artificial intelligence investment boom is approaching a breaking point, arguing that the infrastructure provider’s financing difficulties are too limited in scale to derail spending by the industry’s largest technology companies. The warning follows a sharp decline in CoreWeave’s shares last […] The post Barclays Says CoreWeave’s Debt Troubles Do Not Signal a Wider AI Spending Crisis appeared first on Tekedia.
Tekedia -
Yuga Labs Launches Mudwater as Qubic Halts Mainnet and Pump.fun Expands Into Perpetual Futures
The cryptocurrency industry continues to evolve as blockchain companies explore new ways to connect digital assets with physical products, strengthen network security, and expand trading opportunities. Three developments highlight these changes: Yuga Labs has launched Mudwater, a collection of physical Bored Ape Yacht Club cards paired with onchain Solana non-fungible tokens; Qubic has halted its […] The post Yuga Labs Launches Mudwater as Qubic Halts Mainnet and Pump.fun Expands Into Perpetual Futures appeared first on Tekedia.
Tekedia -
a16z Crypto Unveils Aerie as OpenCode Reports Security Breach Affecting Console Users
The cryptocurrency and artificial intelligence industries are confronting two important developments involving digital security, as a16z Crypto introduces Aerie, an open-source system designed to support post-quantum signature aggregation. While OpenCode reports a security breach that may have exposed sensitive provider keys belonging to some Console users. These developments highlight the growing importance of cryptographic resilience […] The post a16z Crypto Unveils Aerie as OpenCode Reports Security Breach Affecting Console Users appeared first on Tekedia.
Tekedia -
Reliance Worldwide Reaffirms Brookfield’s $2.53bn Takeover Support After No Rival Bid Emerges
Reliance Worldwide has reaffirmed its unanimous recommendation for shareholders to approve Brookfield’s proposed $2.53 billion acquisition of the Australian plumbing supplies manufacturer after no competing offer emerged during a designated period for attracting alternative bidders. The company said on Monday that it had engaged extensively with potential buyers during the “go shop” process but received […] The post Reliance Worldwide Reaffirms Brookfield’s $2.53bn Takeover Support After No Rival Bid Emerges appeared first on Tekedia.
Tekedia -
👨🏿‍🚀TechCabal Daily – Nedbank checks into Nairobi
TechCabal -
High spectrum costs squeeze African telecom investment and digital growth
TechCabal -
China’s Economic Growth Expected to Edge Up to 4.4% as Export Boom Masks Weak Domestic Demand
China’s economic growth is expected to have accelerated slightly in the third quarter, supported by resilient exports, demand for high-tech products and fresh government stimulus, although persistent weakness in domestic consumption and investment is likely to keep pressure on Beijing to introduce further measures to sustain the recovery. Gross domestic product (GDP) is forecast to […] The post China’s Economic Growth Expected to Edge Up to 4.4% as Export Boom Masks Weak Domestic Demand appeared first on Tekedia.
Tekedia -
JPMorgan Launches JPM Coin on Ethereum as Wall Street Embraces Blockchain Payments
JPMorgan Chase has expanded its blockchain strategy by bringing JPM Coin, its US dollar-denominated deposit token, to the Ethereum network. The move extends the bank’s digital payment infrastructure and strengthens the connection between traditional banking and public blockchain technology. The expansion allows eligible institutional clients to use JPM Coin identified by the ticker JPMD, on […] The post JPMorgan Launches JPM Coin on Ethereum as Wall Street Embraces Blockchain Payments appeared first on Tekedia.
Tekedia -
Sweden’s EQT Agrees to Acquire Australia’s Cleanaway Waste Management in A$9.3bn Deal, Shares Surge 20%
Swedish private equity group EQT has agreed to acquire Australian waste management company Cleanaway Waste Management in a transaction valuing the business at approximately A$9.3 billion ($6.5 billion), including debt, as the infrastructure investor moves to take control of one of Australia’s major waste and environmental services providers. Cleanaway shares surged nearly 20% to A$2.960 […] The post Sweden’s EQT Agrees to Acquire Australia’s Cleanaway Waste Management in A$9.3bn Deal, Shares Surge 20% appeared first on Tekedia.
Tekedia -
Crypto ETFs Record $610.7 Million in Weekly Outflows as Nasdaq 100 Suffers Biggest Decline Since April 2025
The US financial markets experienced a difficult week from October 12 to 16, as cryptocurrency investment products recorded substantial withdrawals while technology stocks suffered a sharp decline. US crypto exchange-traded funds posted $610.7 million in net outflows during the week, reflecting weakening investor demand amid broader market uncertainty. At the same time, the Nasdaq 100 […] The post Crypto ETFs Record $610.7 Million in Weekly Outflows as Nasdaq 100 Suffers Biggest Decline Since April 2025 appeared first on Tekedia.
Tekedia -
Microsoft Cancels Nscale Essex Data Center Deal, Scraps Plans for 23,000 Nvidia Chips
Microsoft has reportedly cancelled its deal to anchor Nscale’s Essex data center in the United Kingdom, abandoning plans that involved approximately 23,000 Nvidia chips. The development represents a significant shift in the companies’ artificial intelligence infrastructure plans and raises questions about the pace of investment in large-scale computing facilities amid rapidly changing demand for AI […] The post Microsoft Cancels Nscale Essex Data Center Deal, Scraps Plans for 23,000 Nvidia Chips appeared first on Tekedia.
Tekedia -
Cost-of-Living Protests Turn Violent in Paris as Unrest Spreads Across Europe
Cost-of-living protests turned violent in Paris over the weekend, raising concerns about social stability, economic confidence and the growing pressure on European governments to address household financial struggles. The unrest reportedly spread to other European cities, highlighting widespread frustration over rising living costs and declining purchasing power. As businesses face disruption and political leaders confront […] The post Cost-of-Living Protests Turn Violent in Paris as Unrest Spreads Across Europe appeared first on Tekedia.
Tekedia -