Naija News Feed
Technology
Uniswap’s UNIfication Proposal: Activating Fees and UNI Burns Amid Record 2025 Revenue
Uniswap, the leading decentralized exchange (DEX) on Ethereum, is at a pivotal moment as its protocol fees for 2025 approach the $1 billion mark. Year-to-date through October, the platform has generated over $985 million in fees, averaging nearly $93 million per month, with October alone exceeding $132 million—its highest since January. This surge, up 17% […] The post Uniswap’s UNIfication Proposal: Activating Fees and UNI Burns Amid Record 2025 Revenue appeared first on Tekedia.
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UBS Warns New Swiss Capital Rules Pose “Serious” Threat, as Ermotti Presses Bern for a Holistic Compromise
UBS chief executive Sergio Ermotti has intensified his pushback against Switzerland’s proposed capital overhaul, warning that the government’s plan risks weakening the country’s only global bank and could force UBS to rethink how — and where — it operates. Speaking at a finance conference in London on Thursday, Ermotti said the bank is committed to […] The post UBS Warns New Swiss Capital Rules Pose “Serious” Threat, as Ermotti Presses Bern for a Holistic Compromise appeared first on Tekedia.
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OpenAI Rolls Out Global Group Chats in ChatGPT, Deepening Its Push Toward a Social, Multi-User AI Platform
OpenAI has begun a full global rollout of group chats inside ChatGPT, allowing up to 20 people to collaborate with the chatbot in a shared conversation. The launch follows a quiet pilot earlier this month and marks one of the clearest signs yet that the company is steering ChatGPT toward something that increasingly resembles a […] The post OpenAI Rolls Out Global Group Chats in ChatGPT, Deepening Its Push Toward a Social, Multi-User AI Platform appeared first on Tekedia.
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Top Mistakes to Avoid When Betting on Cricket
Cricketer wagers pull in tons of enthusiasts since they mix insight with gut feelings and thrill. Yet super devoted watchers might still slip up badly once feelings override clear thinking. Each round, how the field plays, or shifts in team setup, influences results – while just one rash decision could flip a solid edge into […] The post Top Mistakes to Avoid When Betting on Cricket appeared first on Tekedia.
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From Dominance to Diversification: Stablecoins Surge Globally For A Variety of Use Cases
Stablecoins are entering a new era. Once dominated almost entirely by a few major players and primarily used for trading, the global digital asset is now undergoing a profound shift moving from concentration to diversification. Regulatory clarity in key jurisdictions, rising institutional participation, and expanding real-world applications have opened the door for a broader mix […] The post From Dominance to Diversification: Stablecoins Surge Globally For A Variety of Use Cases appeared first on Tekedia.
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Luma AI Raises $900m as Saudi-Backed Humain Leads Funding Push, Unveils Massive AI Supercluster Plan
Video-generation startup Luma AI has secured $900 million in fresh funding, a blockbuster round led by Humain, a new artificial intelligence company owned by Saudi Arabia’s Public Investment Fund. The move places both companies squarely in the race to build next-generation multimodal AI systems and the computing muscle needed to run them. The financing was […] The post Luma AI Raises $900m as Saudi-Backed Humain Leads Funding Push, Unveils Massive AI Supercluster Plan appeared first on Tekedia.
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Hyperliquid Treasury Merger Vote Delayed, Postponing $888 Million Deal
The shareholder vote on a proposed merger to create Hyperliquid Strategies—a digital asset treasury (DAT) focused on accumulating and holding HYPE tokens, the native asset of the Hyperliquid decentralized perpetuals exchange—has been postponed by two weeks. The delay, stems from insufficient voter turnout despite strong support from those who have participated. The deal, first revealed […] The post Hyperliquid Treasury Merger Vote Delayed, Postponing $888 Million Deal appeared first on Tekedia.
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OpenLedger Launches OPEN Mainnet to Revolutionize AI Data Attribution and Creator Compensation
OpenLedger—a blockchain infrastructure project backed by Polychain Capital—officially launched its OPEN Mainnet, marking a significant step toward addressing one of AI’s most pressing issues. The lack of fair attribution and compensation for data contributors. This launch introduces a decentralized network designed to trace AI data lineage on-chain, ensuring creators, researchers, and domain experts are automatically […] The post OpenLedger Launches OPEN Mainnet to Revolutionize AI Data Attribution and Creator Compensation appeared first on Tekedia.
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EU Court Rejects Amazon’s Bid to Escape Strict “Very Large Online Platform” Rules Under Digital Services Act
The European Union’s General Court on Wednesday rejected Amazon’s attempt to overturn its designation as a “Very Large Online Platform” (VLOP) under the bloc’s Digital Services Act (DSA), reinforcing the EU’s power to impose its toughest obligations on the world’s biggest digital companies. Amazon had asked the court to nullify the provision that places platforms […] The post EU Court Rejects Amazon’s Bid to Escape Strict “Very Large Online Platform” Rules Under Digital Services Act appeared first on Tekedia.
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Bullish Q3 2025 Earnings Record Profits Amid Stock Dip
Bullish Inc, the crypto exchange backed by Peter Thiel and parent company of CoinDesk, reported its strongest quarter since going public in August 2025. For Q3 2025, the firm swung to a net income of $18.5 million, a dramatic turnaround from a $67.3 million loss in the prior-year period. This equated to earnings per share […] The post Bullish Q3 2025 Earnings Record Profits Amid Stock Dip appeared first on Tekedia.
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Zeeh Africa Unveils Enhanced Direct Debit Feature to Tackle Loan Repayment Challenges in Nigeria
Zeeh Africa, a Tekedia portfolio company that unlocks value in financial data for people and businesses in Africa, has relaunched its Direct Debit feature. The update aims to tackle one of Nigeria’s digital lending sector’s biggest challenges, ensuring timely loan repayments from borrowers. The revamped Direct Debit solution enables users to access secure, automated direct […] The post Zeeh Africa Unveils Enhanced Direct Debit Feature to Tackle Loan Repayment Challenges in Nigeria appeared first on Tekedia.
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Perplexity Escalates “Agentic” Commerce War with PayPal Partnership
In a strategic maneuver designed to capitalize on the upcoming holiday spending surge, artificial intelligence startup Perplexity announced on Wednesday that it will roll out a free “agentic” shopping product for U.S. users next week. This launch marks a significant escalation in the race to monetize AI search, moving beyond simple information retrieval to direct […] The post Perplexity Escalates “Agentic” Commerce War with PayPal Partnership appeared first on Tekedia.
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Which savings app offers the best interest rates in Nigeria in 2025?
But beyond interest, each savings has its own features and limitations, depending on your goals and lifestyle. Here are the Nigerian savings apps offering the best rates, and the key features to consider.
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Nokia Leans Heavily Into AI With New Strategy, Targets 60% Profit Surge by 2028
Nokia has laid out an ambitious reinvention plan centered on artificial intelligence, placing itself squarely in the escalating global race among the world’s biggest technology companies to dominate the next wave of digital infrastructure. The Finnish telecoms equipment maker said the shift marks a structural reset designed to simplify its business, expand beyond its traditional […] The post Nokia Leans Heavily Into AI With New Strategy, Targets 60% Profit Surge by 2028 appeared first on Tekedia.
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A Look At Kraken’s Major Funding Boost of $800M Raised at $20B Valuation
Crypto exchange Kraken announced that it has raised $800 million in fresh capital across two funding tranches, catapulting its valuation to $20 billion. This comes just ahead of the company’s planned initial public offering (IPO) targeted for early 2026. The news has generated significant buzz in both crypto and traditional finance circles, signaling strong institutional […] The post A Look At Kraken’s Major Funding Boost of $800M Raised at $20B Valuation appeared first on Tekedia.
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New Hampshire Pioneers Bitcoin-Backed Municipal Bonds
New Hampshire’s Business Finance Authority (BFA) approved the issuance of a groundbreaking $100 million conduit municipal bond backed by Bitcoin, marking the first such structure at the U.S. state level. This innovative financial instrument allows borrowers to raise capital by posting Bitcoin as collateral under traditional municipal bond regulations, without exposing the state or taxpayers […] The post New Hampshire Pioneers Bitcoin-Backed Municipal Bonds appeared first on Tekedia.
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MegaETH Mainnet Beta Announcement Amid Crypto Greed Index Plunging to Extreme Fear Zone
MegaETH, the Ethereum Layer-2 network designed for real-time performance boasting sub-millisecond latency and up to 100,000 TPS, has officially unveiled “Frontier”—its mainnet beta release. This phase kicks off in early December 2025 and runs for one month, targeting early adopters, experimenters, and Ethereum enthusiasts. The team plans to onboard a curated selection of partner applications […] The post MegaETH Mainnet Beta Announcement Amid Crypto Greed Index Plunging to Extreme Fear Zone appeared first on Tekedia.
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OpenAI Debuts ChatGPT for Teachers as It Races to Claim New Ground in a Rapidly Expanding AI Market
OpenAI has introduced ChatGPT for Teachers, a new version of its chatbot built specifically for K-12 educators and school districts, in one of its clearest attempts yet to tailor AI tools to niche professional communities as competition in the industry heats up. The company said the platform will let teachers securely manage student information, get […] The post OpenAI Debuts ChatGPT for Teachers as It Races to Claim New Ground in a Rapidly Expanding AI Market appeared first on Tekedia.
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Tech Sentiment Rebounds on Nvidia Q3 Result Strength as “Data Fog” Complicates Fed Outlook
Stock futures pushed higher Wednesday night as investors digested Nvidia’s latest quarterly beat, a development that appears to be restoring confidence in major technology stocks and providing a significant boost to the broader market. Leading the pre-market rally, Nasdaq 100 futures jumped 1.4%, while S&P 500 futures rose 0.8%. Futures tied to the Dow Jones […] The post Tech Sentiment Rebounds on Nvidia Q3 Result Strength as “Data Fog” Complicates Fed Outlook appeared first on Tekedia.
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South African AI Energy Startup Plentify Raises $15M to Export Load-Shedding Solutions Globally
South African electrotech startup Plentify has successfully closed an oversubscribed Series A round, bringing its total funding to nearly USD 15 million (ZAR 256 million) as it expands its AI-powered home-energy platform. This funding round, following last year’s successful raise, was led by Secha Capital, Buffet Investments, and a South African family office, with participation […] The post South African AI Energy Startup Plentify Raises $15M to Export Load-Shedding Solutions Globally appeared first on Tech In Africa.
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Coinbase Push into Prediction Markets As OCC Eases Backend Infrastructure for Banks
Coinbase is accelerating its expansion beyond traditional crypto trading, with recent developments pointing to an imminent launch of a regulated prediction markets platform. This aligns with the company’s July 2025 announcement to build an “everything exchange” that includes on-chain assets like tokenized stocks, derivatives, and event-based betting. The prediction markets feature, teased for U.S. users […] The post Coinbase Push into Prediction Markets As OCC Eases Backend Infrastructure for Banks appeared first on Tekedia.
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Kenya Orders Uber and Bolt to Raise Fares by 50% Following Driver Protests and Union Threats
Kenya’s ride-hailing customers are expected to pay higher fares soon, as Uber and Bolt are likely to follow the government’s new pricing and payment regulations. This follows a directive from Kenya’s Ministry for Roads and Transport after the Transport Workers Union-Kenya (TAWU) threatened legal action against the companies, accusing them of “exploitative and unfair labour […] The post Kenya Orders Uber and Bolt to Raise Fares by 50% Following Driver Protests and Union Threats appeared first on Tech In Africa.
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Standard Bank Becomes First African Bank to Integrate China’s Payment System, Bypassing US Dollar
Standard Bank, the largest bank in South Africa by assets, has made a historic move by becoming the first African bank to directly integrate with China’s Cross-Border Interbank Payment System (CIPS). This groundbreaking step offers African companies a more efficient way to pay Chinese suppliers in Renminbi (RMB), China’s currency, bypassing the US dollar. Traditionally, […] The post Standard Bank Becomes First African Bank to Integrate China’s Payment System, Bypassing US Dollar appeared first on Tech In Africa.
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Africa’s Startup Exit Activity Rises with 37 Exits in 2025, but Liquidity Remains Constrained
evidenced by an uptick in secondary deals and smaller-scale mergers and acquisitions. According to a new African liquidity index, there have been 37 startup and scale-up exits by fund managers in 2025, with 22 of these exits resulting from trade sales and 40.5% involving international buyers. Presented by the African financial data firm Stears at […] The post Africa’s Startup Exit Activity Rises with 37 Exits in 2025, but Liquidity Remains Constrained appeared first on Tech In Africa.
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G20 African Energy Investment Forum Set to Shape Africa’s Investment Agenda
The program features a full day of keynotes, fireside conversations and technical panels offering practical guidance for investors navigating Africa’s energy markets. South Africa’s Minister of Energy and Electricity, Kgosientsho Ramokgopa, will deliver opening remarks outlining South Africa’s policy direction as G20 host. A fireside conversation with Wale Tinubu, CEO of Oando, will explore corporate […] The post G20 African Energy Investment Forum Set to Shape Africa’s Investment Agenda appeared first on Tech In Africa.
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Loan apps with the best interest rates for Nigerians in 2025
You were probably short on cash, payday is still some days or a week away, and you were beating yourself up for the jollof rice and ice cream you “splashed” your money on three days after getting paid— and at that moment, an ad popped up on your screen while watching YouTube. “Borrow ₦50,000 instantly! […]
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Implications of Saudi Arabia’s $1 Trillion Investment Pledge in the US
Saudi Crown Prince Mohammed bin Salman (MBS) announced during an Oval Office meeting with US President Donald Trump that Saudi Arabia would increase its committed investments in the United States from $600 billion to nearly $1 trillion. This pledge builds on prior discussions and aligns with Saudi Arabia’s Vision 2030 economic diversification strategy, emphasizing sectors […] The post Implications of Saudi Arabia’s $1 Trillion Investment Pledge in the US appeared first on Tekedia.
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Standard Bank pioneers direct China payments for African businesses
Cutting out the dollar middleman means faster, simpler, and potentially cheaper cross-border deals with Africa’s biggest trading partner.
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Vox Introduces Kiwi Wireless to Bring Fiber-like Broadband to South African Homes
Vox, a specialist provider of top-class internet and voice solutions for homes and businesses, has announced the launch of Vox Kiwi Home Wireless, a new consumer broadband service that delivers a fiber-like experience without the need for trenching or cabling. Designed for South African households that don’t have access to fiber and where installation is […]
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Flapmax Collaborates with IBM to Enable Quantum Computing Innovation in Ghana
Flapmax, an AI infrastructure company, through its research and education hub—FAI Institute—today announced a collaboration with IBM to advance quantum science and AI innovation in Ghana. As part of the initiative, Palm University College will host Ghana’s first quantum-AI summit, held alongside IBM Qiskit Fall Fest, featuring industry keynotes, academic workshops, hands-on quantum computing sessions, […]
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As loan defaults rise, Zeeh relaunches Direct Debit for Nigeria’s digital lenders
Zeeh launched a beta version of the product in February, onboarding 20 businesses, including digital lenders, school-financing platforms, and subscription-based service providers, to test the feature. The company says the relaunched product is now powering 22 businesses. Across its product lines, including ID verification, access to customer bank data, credit-risk analysis, and automated loan-recovery tools, Zeeh serves 150 enterprises.
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Tekedia Capital Welcomes Frekil, Scale AI for Medical Scans
Tekedia Capital invests in India-based Frekil. Frekil accelerates how healthcare AI teams procure and annotate medical scans such as X-rays, CT scans, fundus images, and more making the process up to 10x faster with AI-assisted workflows. The company partners with radiology networks to access large-scale imaging datasets and operates a global marketplace of certified radiologists […] The post Tekedia Capital Welcomes Frekil, Scale AI for Medical Scans appeared first on Tekedia.
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Microsoft Turns to Architect of Its Cloud Revolution as Nadella Prepares a Full Reboot for the AI Era
Microsoft is gearing up for what CEO Satya Nadella sees as a once-in-a-generation transformation, and he is bringing back one of the company’s most influential strategists to help drive it. Nadella has tapped Rolf Harms, the economist and strategist behind Microsoft’s pivotal “Economics of the Cloud” paper in 2010, to serve as his advisor on […] The post Microsoft Turns to Architect of Its Cloud Revolution as Nadella Prepares a Full Reboot for the AI Era appeared first on Tekedia.
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Adobe to Acquire Semrush for $1.9bn in Strategic Move to Expand AI Marketing and Analytics Tools
Adobe announced on Wednesday that it will acquire digital marketing software platform Semrush for $1.9 billion, a deal that reflects the company’s ambition to deepen its presence in AI-powered marketing solutions. Adobe will pay $12 per share in cash, representing a premium of approximately 77.5% over Semrush’s last closing price, sending Semrush shares soaring 74% […] The post Adobe to Acquire Semrush for $1.9bn in Strategic Move to Expand AI Marketing and Analytics Tools appeared first on Tekedia.
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Nigeria’s AI bill puts control first, but at what cost to innovation?
Will Nigeria's AI Bill, arriving at a pivotal moment in the country's technological landscape, empower local builders or create the very barriers that push them out of the ecosystem?
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Bitcoin Plunge Sparks Fear, But Coinbase UK CEO Keith Grose Calls it Short-Term Drama
Bitcoin’s latest plunge has rattled investors, sparked red-hot debates across financial markets, and reignited fears of a deeper crypto meltdown. The world’s largest digital asset has slipped firmly below key psychological levels after it traded as low as $88,573 last week, wiping out billions in market value and sending shockwaves through an already jittery tech […] The post Bitcoin Plunge Sparks Fear, But Coinbase UK CEO Keith Grose Calls it Short-Term Drama appeared first on Tekedia.
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