Naija News Feed
Technology
Credit Direct wants a bigger role in how Nigerians access financial services
Credit Direct, the consumer lending subsidiary of FCMB Group, a Nigerian financial services group, is expanding beyond traditional lending into embedded finance as it seeks to make credit and other financial services more accessible to individuals and businesses.
TechCabal -
Strive’s $511M Bitcoin Purchase, BitMine’s Ethereum Accumulation, and Strategy’s STRC Repurchase
The digital asset market is witnessing another significant shift in corporate treasury strategies as Strive purchases $511 million worth of Bitcoin, BitMine adds 10,452 Ether to its holdings, and Strategy pauses its Bitcoin acquisitions while repurchasing its STRC preferred shares. These developments highlight how publicly traded companies are adjusting their cryptocurrency exposure, balancing long-term accumulation […] The post Strive’s $511M Bitcoin Purchase, BitMine’s Ethereum Accumulation, and Strategy’s STRC Repurchase appeared first on Tekedia.
Tekedia -
Anthropic’s Proposed ANT Nasdaq IPO Ticker and OpenAI’s AI-assisted Scientific Discoveries.
The artificial intelligence industry is entering a new phase as companies compete to transform technological breakthroughs into commercial opportunities. Anthropic has filed an S-1 registration statement for a proposed initial public offering on the Nasdaq stock exchange under the ticker symbol ANT, while OpenAI has announced three AI-assisted scientific discoveries spanning mathematics, complexity theory and […] The post Anthropic’s Proposed ANT Nasdaq IPO Ticker and OpenAI’s AI-assisted Scientific Discoveries. appeared first on Tekedia.
Tekedia -
“60 million Nigerians bet every day”? Nobody counted them
One of the most repeated numbers about betting in Nigeria is that 60 million people bet every day. In October 2025, the Director-General of the Securities and Exchange Commission told a stockbrokers’ conference that more than 60 million Nigerians engage in gambling daily. No source was given. The same figure appears in a News Agency […] The post “60 million Nigerians bet every day”? Nobody counted them appeared first on Tekedia.
Tekedia -
Cash Flow vs Profit and What Growing Businesses Need to Understand
A business can look incredibly successful on paper while struggling to pay its bills. It might be bringing in plenty of sales, attracting new customers, and reporting healthy profits, yet still find itself short of money when important payments are due. This is where understanding the difference between cash flow and profit becomes essential, particularly […] The post Cash Flow vs Profit and What Growing Businesses Need to Understand appeared first on Tekedia.
Tekedia -
White-Label Everything: Renting the Platform Doesn’t Mean Renting Out the Risk
Across fintech, payments and digital entertainment, the fastest way to launch is no longer to build. Companies license a ready-made core, put their own brand on top, and go to market in weeks. Regulators on three continents are now sending the same message to everyone in that chain: the license holder still owns the compliance […] The post White-Label Everything: Renting the Platform Doesn’t Mean Renting Out the Risk appeared first on Tekedia.
Tekedia -
Cybersecurity on a Budget: A Practical Guide for Startup Founders
Running a startup is expensive enough without adding a massive cybersecurity bill. But ignoring online security? That could cost you even more. From phishing emails and stolen passwords to unsecured Wi-Fi, cyber threats can hit businesses of any size. And when your team works remotely, keeping everyone protected becomes even trickier. The good news? You […] The post Cybersecurity on a Budget: A Practical Guide for Startup Founders appeared first on Tekedia.
Tekedia -
South Africa may check your fingerprint or face before you get a SIM. Here’s what the plan says
South Africa may check your fingerprint or face before you get a SIM. Here’s what the plan says ICASA's draft SIM rules add biometric checks and a five number limit per network. Here is what changes, when, and how to comment by Dec. 9. TechCity
Tech City NG -
GM will pay $220 million over selling driving data. Here’s how to see and delete yours
GM will pay $220 million over selling driving data. Here’s how to see and delete yours GM will pay $220 million over selling driving data. Drivers get no checks, but they get new rights. Here is how to see and delete yours. TechCity
Tech City NG -
Binance says it will cover a $6.3 billion hack. Here’s what to do with your account now
Binance says it will cover a $6.3 billion hack. Here’s what to do with your account now Binance says hackers took about $6.3 billion and it will cover every loss. Withdrawals are paused. Here is what to do and which scams to ignore. TechCity
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The Making of ContiSX Phones And Ergonomics Talent of Aba, PHC [video]
Kano: the latest batch of ContiSX Phones has arrived at the airport for you! Within the next 24 hours, our logistics partner will deliver your devices. Our updated commitment is simple: we will deliver ContiSX devices anywhere in Nigeria and internationally within 14 days of ordering. Let me also use this opportunity to celebrate something […] The post The Making of ContiSX Phones And Ergonomics Talent of Aba, PHC [video] appeared first on Tekedia.
Tekedia -
Banks must become ‘invisible’ to compete in digital finance
Banks must anticipate customers’ needs and embed financial services into everyday transactions to compete with digital platforms, executives from Access Holdings and OPay told Moonshot by TechCabal in Lagos.
TechCabal -
 
 
From salary splits to loans: How Grey plans to turn FX paychecks into credit
Grey wants to turn foreign salary records into a path to credit for remote workers whose earnings traditional lenders struggle to assess.
TechCabal -
Madica Secures $6 Million from Flourish Ventures to Back 30 More African Startups
Tech In Africa -
Tunisia’s nextProtein Faces Major Setback Following Factory Fire and Regulatory Shutdown
Franco-Tunisian biotechnology startup nextProtein is facing a major operational crisis in Tunisia after a fire destroyed its new production facility and authorities suspended operations at its existing factory. The developments have disrupted the company’s expansion plans and raised concerns about regulatory uncertainty, environmental oversight, and the future of foreign-backed climate technology projects in the country. […] The post Tunisia’s nextProtein Faces Major Setback Following Factory Fire and Regulatory Shutdown appeared first on Tech In Africa.
Tech In Africa -
Angolan Fintech CYTO Secures $40,000 to Expand Financial Automation Solutions
Angolan financial technology startup CYTO has secured $40,000 in angel funding through Catalytic Africa’s co-investment programme to expand its financial automation platform and strengthen support for businesses managing invoices, transactions, and tax compliance. The funding combines $20,000 from investors affiliated with the African Business Angel Network (ABAN) and a matching $20,000 contribution from timbuktoo, a […] The post Angolan Fintech CYTO Secures $40,000 to Expand Financial Automation Solutions appeared first on Tech In Africa.
Tech In Africa -
Breet makes case for simpler crypto payments at Moonshot
TechCabal -
Grey’s next bet is making African trade less dependent on the dollar
Grey says it has built direct currency conversion routes to help African businesses pay suppliers without first changing their money into US dollars.
TechCabal -
Africa needs cheaper AI to reap economic gains, says Enzi’s Udezue
TechCabal -
👨🏿‍🚀TechCabal Daily – Acecore wins $10,000 at Moonshot
TechCabal -
?70,000 Allowance Sparks Debate Over Workers’ Welfare
The Federal Government’s proposed ?70,000 monthly transport allowance for federal workers has generated debate among labour organisations, public-sector stakeholders and economic analysts, with calls for broader interventions to address rising transportation costs and declining workers’ purchasing power. The debate centres on whether the allowance provides sufficient relief to workers or represents a temporary response to […] The post ?70,000 Allowance Sparks Debate Over Workers’ Welfare appeared first on Tekedia.
Tekedia -
Orange Cyberdefense Partners With Mistral AI to Expand European AI Security Capabilities
French telecom group Orange is partnering with Mistral AI to integrate a cybersecurity-focused version of the startup’s latest artificial intelligence model into its digital security business, as European companies seek to strengthen their defenses against sophisticated AI-assisted attacks. The agreement gives Orange Cyberdefense, one of Europe’s largest cybersecurity providers, access to a European-developed AI model […] The post Orange Cyberdefense Partners With Mistral AI to Expand European AI Security Capabilities appeared first on Tekedia.
Tekedia -
Michael Saylor Says AI Hacking Crypto Apps Is No Reason to Abandon Bitcoin
Michael Saylor, the prominent Bitcoin advocate and executive chairman of Strategy, recently pushed back against a growing concern in crypto circles that advances in artificial intelligence make holding Bitcoin too risky because AI could more easily hack crypto applications. In a post on X, Saylor wrote, “There’s no reason to own Bitcoin because AI can […] The post Michael Saylor Says AI Hacking Crypto Apps Is No Reason to Abandon Bitcoin appeared first on Tekedia.
Tekedia -
Samsung Shares Fall 6% Despite 15-Fold Jump in Chip Profit as SK Hynix Raises the Bar
Samsung Electronics reported a 15-fold increase in quarterly operating profit from its semiconductor business, driven by surging demand for chips used in artificial intelligence infrastructure. However, its shares fell sharply on Thursday as investors looked for stronger guidance on the duration of the memory-chip shortage and clearer commitments to shareholder returns. The market reaction highlighted […] The post Samsung Shares Fall 6% Despite 15-Fold Jump in Chip Profit as SK Hynix Raises the Bar appeared first on Tekedia.
Tekedia -
 
 
How the Latest MCP Server Enables AI Agents to Reconstruct Real-World Events
Artificial intelligence is expanding beyond traditional conversations and content generation, creating new opportunities for people to investigate events, analyze complex information, and reconstruct real-world scenarios. With the latest developments in the Model Context Protocol (MCP), users can increasingly ask AI agents to assist with building detailed reconstructions of events by connecting models to external tools, […] The post How the Latest MCP Server Enables AI Agents to Reconstruct Real-World Events appeared first on Tekedia.
Tekedia -
Nvidia’s Changing Leadership and Its Impact on AI Market Dominance
Nvidia, the semiconductor giant at the center of the artificial intelligence revolution, is experiencing a changing of the guard within its sales and marketing leadership as new faces gain influence. The transition reflects the company’s rapid expansion, evolving business priorities and growing need to strengthen relationships with customers across an increasingly competitive technology industry. As […] The post Nvidia’s Changing Leadership and Its Impact on AI Market Dominance appeared first on Tekedia.
Tekedia -
Strategy Posts Record $21 Billion Operating Income as Bitcoin Holdings Drive Massive Q3 Gains
Strategy, the world’s first Bitcoin Treasury Company and largest institutional holder of Bitcoin, reported third-quarter (Q3) 2026 results that were dominated by unrealized gains on its digital asset holdings. Operating income reached $20.91 billion for the three months ended September 30, 2026, compared with $3.89 billion a year earlier. Nearly the entire figure came from […] The post Strategy Posts Record $21 Billion Operating Income as Bitcoin Holdings Drive Massive Q3 Gains appeared first on Tekedia.
Tekedia -
Inside Nigeria’s $7.5M Gates-backed AI scaling hub 
At Moonshot by TechCabal 2026, the Nigeria AI Scaling Hub (NAISH) showcased five organisations developing artificial intelligence solutions for healthcare, agriculture, and local languages, underscoring how shared digital infrastructure and institutional partnerships can transition local research into widespread commercial adoption. The initiative brought together digital health provider mDoc, agritech platform Extension Africa, research enterprise Data […]
TechCabal -
How Browser-Based 3D Tools Can Help Small Manufacturers Prepare Models for Prototyping
For a small manufacturer, hardware startup, or local fabrication shop, preparing a 3D model for prototyping can involve more friction than the design itself. A supplier may send a STEP file while the local print shop asks for STL. A customer may provide a mesh that opens correctly but contains the wrong scale. A prototype […] The post How Browser-Based 3D Tools Can Help Small Manufacturers Prepare Models for Prototyping appeared first on Tekedia.
Tekedia -
Wallet Tracker for Crypto: Track Any Wallet, Then Copy Its Trades on Banana Gun
A wallet tracker watches a crypto address and alerts you after it trades, while a copy trade places the same buy for you at your own size. Banana Gun turns a tracked Solana or Robinhood Chain wallet into a copy trade with your size and your exit. Tracking is the cheap part: four tools below […] The post Wallet Tracker for Crypto: Track Any Wallet, Then Copy Its Trades on Banana Gun appeared first on Tekedia.
Tekedia -
Cirquu opens AI business platform with subscriptions from $7 a month
Cirquu has opened its AI-powered business management platform to public sign-ups, offering African companies tools for sales.
TechCabal -
Raenest wants users to earn from their money, not just receive it
Raenest wants users to do more than receive money from abroad, its co-founder and CEO, Richard Oyome, said at Moonshot 2026.
TechCabal -
Interswitch says more banks are ready for tap-to-pay, but consumers need convincing
Interswitch says consumer education is the biggest hurdle to making tap-to-pay a mainstream payment method in Nigeria.
TechCabal -
Africa’s creator economy needs more than talent to turn creativity into money
Africa’s creative industries have no shortage of talent or stories to tell. What they lack is the commercial infrastructure to distribute their work, reach audiences and get paid for it. That was the central argument at a Creative Economy Stage panel at Moonshot by TechCabal on Thursday where executives from film, live entertainment, payments and […]
TechCabal -
Tencent and Visa Expand China Payments Partnership as Beijing Opens Financial Sector to US Firms
Tencent and Visa are expanding their partnership in cross-border payments and artificial intelligence-powered commerce, as the US payments company moves closer to entering China’s domestic bank card market following fresh regulatory approvals. The agreement, announced on Thursday, will focus on improving payment services for international travelers, expanding cross-border money transfers and exploring new ways to […] The post Tencent and Visa Expand China Payments Partnership as Beijing Opens Financial Sector to US Firms appeared first on Tekedia.
Tekedia -
DeepSeek, Moonshot AI Reportedly Used OpenAI’s GPT-6 Astra to Train Latest Models
Chinese artificial intelligence developers DeepSeek and Moonshot AI relied heavily on outputs from OpenAI’s GPT-6 Astra model to train their latest systems, according to a report by The Information, intensifying concerns among leading AI companies over the use of model distillation to replicate advanced capabilities at a lower cost. The report, published on Wednesday and […] The post DeepSeek, Moonshot AI Reportedly Used OpenAI’s GPT-6 Astra to Train Latest Models appeared first on Tekedia.
Tekedia -