Naija News Feed
Technology
OmniRetail launches OmniOne to digitise FMCG distribution and financing
OmniOne is the company’s attempt to extend that infrastructure to manufacturers by turning its distribution network into a system that also delivers data visibility and financial services.
TechCabal -
Sudden $150M Short Liquidations within an Hour on BTC
A sudden $150,000,000 wave of crypto short liquidations within a single hour underscores a recurring structural feature of digital asset markets: extreme leverage interacting with rapid price dislocations. While the headline figure captures attention, the underlying mechanics reveal a more important story about market design, trader behavior, and liquidity fragility. In crypto derivatives markets, shorting […] The post Sudden $150M Short Liquidations within an Hour on BTC appeared first on Tekedia.
Tekedia -
BlackRock in Talks with US OCC over Proposed Framework for Tokenized Reserve Assets 
BlackRock’s reported engagement with the Office of the Comptroller of the Currency (OCC) over its proposed framework for tokenized reserve assets under the GENIUS Act signals a broader structural negotiation between traditional asset managers and emerging digital financial infrastructure. At the center of the debate is the OCC’s suggested 20% cap on tokenized reserve assets […] The post BlackRock in Talks with US OCC over Proposed Framework for Tokenized Reserve Assets  appeared first on Tekedia.
Tekedia -
Gig Economy in 2026: Is It Better or Worse?
Gig Economy in 2026: Is It Better or Worse? The gig economy 2026 presents a mixed reality. On the surface, it offers flexibility, independence, and quick income… TechCity
Tech City NG -
BlackRock’s European Bitcoin ETP Crossed $1.1B in AUM in May
The rapid maturation of digital asset markets is increasingly reflected in the growing institutional footprint within the sector. A notable example is the recent milestone achieved by BlackRock, whose European Bitcoin exchange-traded product has surpassed $1.1 billion in assets under management backed by an accumulation of approximately 14,200 BTC. This development is more than a […] The post BlackRock’s European Bitcoin ETP Crossed $1.1B in AUM in May appeared first on Tekedia.
Tekedia -
Taiwanese Legislator Proposes Allocation of Portion of Foreign Reserves into Bitcoin
A recent proposal by a Taiwanese legislator to allocate a portion of the island’s substantial foreign exchange reserves into Bitcoin marks a notable moment in the evolving relationship between sovereign finance and digital assets. Crypto is legal but not legal tender. Oversight focuses on AML rules, securities laws, and virtual asset service providers (VASPs). The […] The post Taiwanese Legislator Proposes Allocation of Portion of Foreign Reserves into Bitcoin appeared first on Tekedia.
Tekedia -
Best Budget Smartphones for Creators: Top Picks for 2026
Best Budget Smartphones for Creators: Top Picks for 2026 This article breaks down the best budget smartphones for creators by focusing on the features that actually matter, like camera quality, stabilization, battery life, and storage. It also matches different phones to different creator needs, from short-form video to mobile editing. TechCity
Tech City NG -
Kenya’s best coffee was always for export. This founder kept it.
The first time he realised something was wrong with Kenya's coffee industry, he was drinking a cup in Brooklyn. The best lot of that harvesting season.
TechCabal -
Coinbase taps Egyptian-founded Kemet for institutional crypto derivatives expansion
The move underscores the growing significance of crypto derivatives, as more local and international institutions push into the asset class. 
TechCabal -
👨🏿‍🚀TechCabal Daily – MultiChoice, multiproblems
In today's edition: Nedbank gives deadline for share tender || SA regulator probes MultiChoice, Altech over 2014 deal || GlobalCorp, Egyptian finance company, for sale || Egypt aims to make 15 million phones in 2026
TechCabal -
AI Advancement Exerting Pressure on Global Labour Market
The rapid advancement of artificial intelligence is beginning to exert a profound and unsettling pressure on the global labor market, particularly among high-paying knowledge workers once considered insulated from automation. Lawyers, software engineers, financial analysts, consultants, and even medical professionals are increasingly finding aspects of their work replicated—or outright replaced—by highly capable AI systems. This […] The post AI Advancement Exerting Pressure on Global Labour Market appeared first on Tekedia.
Tekedia -
US Senate’s Move to Unblock Crypto Market Structure Bill is a Pivotal Moment in Digital Asset Regulations
The U.S. Senate’s decision to unblock the long-awaited crypto market structure bill marks a pivotal moment in the evolution of digital asset regulation. For years, the industry has operated in a gray zone—caught between innovation and enforcement, with regulators struggling to define jurisdiction and market participants navigating uncertainty. This legislative breakthrough signals a shift toward […] The post US Senate’s Move to Unblock Crypto Market Structure Bill is a Pivotal Moment in Digital Asset Regulations appeared first on Tekedia.
Tekedia -
 
 
Leading German Institute Chief Warns of Recession due to US Tariffs, as Germany Sees Rise in Battery Storage System Capacity
A leading voice in Europe’s economic policy community has issued a stark warning: escalating tariffs from the United States could tip Germany—Europe’s largest economy—into recession. The concern reflects not only the direct impact of trade barriers on German exports, but also the broader fragility of a global economic system already strained by geopolitical tensions, supply […] The post Leading German Institute Chief Warns of Recession due to US Tariffs, as Germany Sees Rise in Battery Storage System Capacity appeared first on Tekedia.
Tekedia -
Pridesdate Security Review: What Measures Does the Platform Use?
Dating can be tough, especially online, where conversations stay text-based. That’s why strict security measures matter. They help support a pleasant experience from the moment you sign up. So, how does Pridesdate hold up when it comes to member safety? This in-depth security review breaks down the platform’s protection measures. You’ll learn about the common […] The post Pridesdate Security Review: What Measures Does the Platform Use? appeared first on Tekedia.
Tekedia -
Overview of DateWithRomance for New Users: Getting Started and What to Expect
DateWithRomance is an online dating platform that provides users with a convenient space for finding meaningful connections. The DateWithRomance review shows that the service is designed for those who want to go beyond surface-level communication and build deeper relationships through meaningful conversations. The platform offers clear functionality, a transparent safety system, and a well-thought-out design […] The post Overview of DateWithRomance for New Users: Getting Started and What to Expect appeared first on Tekedia.
Tekedia -
US Government is Up $40B on its Ownership Stake in Intel Corporation
The reported claim that the U.S. government is now up $40 billion on its 10% ownership stake in Intel Corporation (INTC) represents more than a simple mark-to-market gain. It signals a deeper shift in how states may increasingly interact with strategic technology firms in an era where industrial policy, national security, and capital markets are […] The post US Government is Up $40B on its Ownership Stake in Intel Corporation appeared first on Tekedia.
Tekedia -
GameStop Tables a $56B Acquisition Offer for eBay
In a hypothetical and highly disruptive market development, GameStop has reportedly tabled a $56 billion acquisition offer for eBay, signaling an aggressive strategic pivot from its traditional retail and meme-stock identity toward becoming a dominant force in digital commerce and platform infrastructure. While the plausibility of such a transaction would face substantial regulatory, financial, and […] The post GameStop Tables a $56B Acquisition Offer for eBay appeared first on Tekedia.
Tekedia -
Iran Demands Sanctions Relief, Hormuz Overhaul in 14-point Peace Proposal – But Trump Casts Doubt on Deal
Iran has presented the United States with an expansive 14-point proposal aimed at ending the war that has shaken global energy markets, disrupted shipping flows, and revived fears of another inflationary shock to the world economy. But early reactions from Donald Trump suggest Washington remains far from accepting Tehran’s terms. The proposal, submitted through mediators […] The post Iran Demands Sanctions Relief, Hormuz Overhaul in 14-point Peace Proposal – But Trump Casts Doubt on Deal appeared first on Tekedia.
Tekedia -
Foxconn’s Space Push Signals Taiwan’s Expanding Ambitions in the New AI and Satellite Economy
Taiwanese electronics giant Foxconn has taken another step into the burgeoning commercial space sector, successfully launching two second-generation low-Earth orbit satellites aboard a SpaceX Falcon 9 rocket from California. The company seeks to reposition itself beyond its traditional role as the world’s largest contract manufacturer of consumer electronics. The satellites, PEARL-1A and PEARL-1B, successfully entered […] The post Foxconn’s Space Push Signals Taiwan’s Expanding Ambitions in the New AI and Satellite Economy appeared first on Tekedia.
Tekedia -
Tether’s over $1B Remarkable First Q1 Profit Bolsters its $8.2B Reserve Base 
Tether, the issuer of the world’s largest stablecoin USDT, has reported a remarkable financial performance in the first quarter, posting over $1 billion in profit while expanding its reserve buffer to a record $8.2 billion. This development underscores the company’s growing financial strength and highlights the evolving role of stablecoins in the broader global financial […] The post Tether’s over $1B Remarkable First Q1 Profit Bolsters its $8.2B Reserve Base  appeared first on Tekedia.
Tekedia -
Why more exits don’t mean more liquidity for Africa’s tech ecosystem
A new report from Stears and Ventures Platform reveals that Africa’s tech ecosystem is producing more exits than ever.
TechCabal -
Moonshot by TechCabal returns to Lagos for fourth edition in October
Moonshot by TechCabal, the pan-African technology conference, will return for its fourth edition on October 28 and 29, 2026, at the National Theatre Nigeria in Lagos, Nigeria. 
TechCabal -
MTN Nigeria says it saved $5.89 million on gas as diesel dominates energy mix
In 2025, diesel made up 58.11% of MTN Nigeria’s total energy consumption, far exceeding gas-powered Independent Power Producers (23.63%) and electricity from the national grid (18.04%), the sustainability report noted. 
TechCabal -
Sabou Capital secures Mastercard Foundation Africa Growth Fund investment to back SMEs
The investment is a boost for Sabou Capital, which targets a gap in Africa’s funding landscape where revenue-generating SMEs are locked out of growth capital.
TechCabal -
 
 
South Africa’s Secha Capital Reaches Second Close on $40M Growth Fund
Secha Capital, the Johannesburg-based growth equity firm, has reached a second close on its $40 million Fund II, with E Squared Investments — the impact investment vehicle founded by Allan Gray — joining as a new backer. Existing investors include RMB Ventures, the SA SME Fund and 27four Investment Managers. Secha is targeting a final […] The post South Africa’s Secha Capital Reaches Second Close on $40M Growth Fund appeared first on Tech In Africa.
Tech In Africa -
South Africa’s Shiprazor Raises $2.65M to Fix E-Commerce Logistics Fragmentation
Shiprazor, a Cape Town-based e-commerce logistics startup, has raised $2.65 million in seed funding to expand its fulfilment platform and tackle one of African e-commerce’s most persistent problems: fragmented and costly delivery infrastructure. The round was led by pan-African VC firm Norrsken22, with participation from AAIC, E4E, Tremis Capital and angel investors including senior Google […] The post South Africa’s Shiprazor Raises $2.65M to Fix E-Commerce Logistics Fragmentation appeared first on Tech In Africa.
Tech In Africa -
Congrats Taiwo Oyedele, Nigeria’s Minister of Finance and Coordinating Minister of the Economy
The finest moment in any career is when one is called to serve their country. Ultimately, the true measure of career success is not titles or achievements, but what one has done for their community, their people, and their nation. On that premise, I extend my heartfelt congratulations to our nation’s new Minister of Finance […] The post Congrats Taiwo Oyedele, Nigeria’s Minister of Finance and Coordinating Minister of the Economy appeared first on Tekedia.
Tekedia -
56 Startups From Nigeria, Ghana and Ethiopia Join SIA Startup Foundry 3.0
SIA Startup Foundry 3.0 has launched its latest cohort, bringing together 56 early-stage startups from Nigeria, Ghana and Ethiopia for a one-month intensive bootcamp focused on business model refinement, product development and market validation. The program, which kicked off on April 7, will narrow participants down to 10 finalists for a physical demo day, with […] The post 56 Startups From Nigeria, Ghana and Ethiopia Join SIA Startup Foundry 3.0 appeared first on Tech In Africa.
Tech In Africa -
Stitch enters South Africa’s BNPL market with merchant-first model
South African merchants on Stitch can now offer customers the buy-now-pay-later option for online and in-store purchases.
TechCabal -
Cybervergent Stacks Q1 Wins With v3.0 Launch And Expands Into Kenya, Ghana, and South Africa
Cybervergent Stacks Q1 Wins With v3.0 Launch And Expands Into Kenya, Ghana, and South Africa Why We Built Cybervergent: The Future of AI-Native Posture Management. For years, the global tech narrative viewed Africa… TechCity
Tech City NG -
Kaspersky Spots Rising Scam Activity around the 2026 World Cup
Millions of football fans around the world are gearing up for the World Cup, and cybercriminals are seizing the moment to exploit the heightened interest. Experts at Kaspersky have uncovered various types of scams that mimic official tournament resources or leverage the event for unsafe purposes, putting users’ data and finances at significant risk. In […]
IT News Africa -
Alberta Investment Management Corporation Bought the Dip on Strategy’s Stock
The recent move by Alberta Investment Management Corporation (AIMCo) to buy the dip in Strategy stock underscores a growing institutional conviction in Bitcoin-adjacent equities as a strategic allocation rather than a speculative trade. Sitting on an estimated $69 million in unrealized gains, AIMCo’s position reflects both timing discipline and a broader shift in how large, […] The post Alberta Investment Management Corporation Bought the Dip on Strategy’s Stock appeared first on Tekedia.
Tekedia -
Brazil’s Ban on Digital Assets for Cross-border Settlement is an Emblematic Inflection Point in Global Finance
Brazil’s decision to prohibit the use of stablecoins and cryptocurrencies for cross-border settlement marks a significant intervention in the evolving architecture of global finance. Announced by Banco Central do Brasil and set to take effect on October 1, the policy reflects a growing tension between financial innovation and regulatory control. At its core, the move […] The post Brazil’s Ban on Digital Assets for Cross-border Settlement is an Emblematic Inflection Point in Global Finance appeared first on Tekedia.
Tekedia -
ClawBank Manfred AI Agent Reportedly Formed its Own Corporation in the US
ClawBank Manfred AI agent has autonomously formed its own corporation in the United States—complete with an IRS Employer Identification Number (EIN), an FDIC-insured bank account, and a crypto wallet—marks a provocative and potentially transformative moment in the evolution of artificial intelligence and financial infrastructure. Whether interpreted as a breakthrough, a publicity experiment, or a legal […] The post ClawBank Manfred AI Agent Reportedly Formed its Own Corporation in the US appeared first on Tekedia.
Tekedia -
Jensen Huang Posits that the Global Race for AI Dominance has Become Entangled with Geopolitics
The global race for artificial intelligence dominance has increasingly become entangled with geopolitics, and few episodes illustrate this tension more clearly than recent remarks by Jensen Huang, the CEO of Nvidia. Huang’s statement that Nvidia’s market share of AI accelerators in China has effectively fallen to zero underscores a profound shift in the technological and […] The post Jensen Huang Posits that the Global Race for AI Dominance has Become Entangled with Geopolitics appeared first on Tekedia.
Tekedia -
Polymarket’s Trading Volume Surges from $1.2B in 2025 to over $20B in Early 2026, BTC Gains 12.7% Gains in April
The rapid expansion of prediction markets has been one of the more striking developments in the broader digital asset ecosystem, and few platforms illustrate this trend better than Polymarket. In a remarkably short span, the platform’s monthly trading volume has surged from approximately $1.2 billion in 2025 to over $20 billion in early 2026. At […] The post Polymarket’s Trading Volume Surges from $1.2B in 2025 to over $20B in Early 2026, BTC Gains 12.7% Gains in April appeared first on Tekedia.
Tekedia -