Naija News Feed
Technology
China Launches $21 Billion Venture Capital Push to Accelerate ‘Hard Tech’ Self-Reliance
China has taken another decisive step to deepen its push for technological self-reliance, launching three massive state-backed venture capital funds aimed squarely at “hard technology” sectors seen as critical to long-term economic and national security goals. State broadcaster CCTV reported on Friday that the capital contribution plans for the funds have been finalized, with each […] The post China Launches $21 Billion Venture Capital Push to Accelerate ‘Hard Tech’ Self-Reliance appeared first on Tekedia.
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Silver breaks $76 As Precious Metals Supercycle Gathers Pace on Fed Pivot Bets, Supply Stress and Geopolitical Risk
Silver’s surge past $76 an ounce on Friday marked a decisive escalation in what analysts increasingly describe as a broad-based precious metals supercycle, with gold, platinum and palladium all hitting record or multi-year highs as investors positioned for easier U.S. monetary policy, a weaker dollar and sustained geopolitical uncertainty. Spot silver jumped 6% to $76.24 […] The post Silver breaks $76 As Precious Metals Supercycle Gathers Pace on Fed Pivot Bets, Supply Stress and Geopolitical Risk appeared first on Tekedia.
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Nigeria Sees 11.78% Drop in Formal Remittance Inflows to $2.07bn in H1 2025, Despite CBN Reforms
Nigeria experienced an 11.78% decline in remittance inflows through International Money Transfer Operators in the first half of 2025, with total receipts falling to $2.07 billion from $2.34 billion in the same period of 2024—a shortfall of $275.93 million. The figures, drawn from the Central Bank of Nigeria’s latest Quarterly Statistical Bulletin released on December […] The post Nigeria Sees 11.78% Drop in Formal Remittance Inflows to $2.07bn in H1 2025, Despite CBN Reforms appeared first on Tekedia.
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China Tightens Rules on Overseas Listing Proceeds, Mandates Repatriation to Rein in Cross-Border Capital Risks
China has unveiled a far-reaching overhaul of the rules governing funds raised by domestic companies through overseas listings, signaling a renewed push by Beijing to tighten supervision of cross-border capital flows while still keeping global fundraising channels open. Under the new guidelines jointly issued on Friday by the People’s Bank of China (PBOC) and the […] The post China Tightens Rules on Overseas Listing Proceeds, Mandates Repatriation to Rein in Cross-Border Capital Risks appeared first on Tekedia.
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Google Quietly Rolls Out Long-Awaited Gmail Address Change Option, Offering Fresh Start Without Data Loss
Google appears to be quietly rewriting one of Gmail’s longest-standing rules, offering users a way to change their @gmail.com email address without losing data, history, or access to core services — a shift that could affect hundreds of millions of accounts worldwide if fully rolled out. According to an update spotted on Google’s account help […] The post Google Quietly Rolls Out Long-Awaited Gmail Address Change Option, Offering Fresh Start Without Data Loss appeared first on Tekedia.
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Asian stocks hit six-week high as year-end risk rally gathers pace, precious metals surge and yen keeps intervention fears alive
Asian markets extended their late-year rally on Friday, with regional equities climbing to their highest levels in six weeks as investors leaned into risk assets, encouraged by easing inflation pressures, expectations of eventual U.S. rate cuts and a renewed appetite for technology and growth stocks. At the same time, a relentless surge in precious metals […] The post Asian stocks hit six-week high as year-end risk rally gathers pace, precious metals surge and yen keeps intervention fears alive appeared first on Tekedia.
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Nvidia’s $20bn Groq Move Shows How Quietly Big Tech Now Buys Its Way Deeper Into AI Dominance
Two days after news surfaced that Nvidia had struck what amounts to a $20 billion deal with Groq, the most striking aspect of the transaction is not just its size, but how little noise accompanied it. There was no press release from Nvidia. No regulatory filing. No investor call. Instead, confirmation has come indirectly through […] The post Nvidia’s $20bn Groq Move Shows How Quietly Big Tech Now Buys Its Way Deeper Into AI Dominance appeared first on Tekedia.
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Google’s Parent Company Alphabet Wins Big Tech Stocks in 2025, at 61% YTD
Google’s parent company Alphabet, has emerged as the standout winner among Big Tech stocks in 2025, delivering a year-to-date gain of about 61%. While Artificial Intelligence hype shaped market winners and losers throughout the year, Alphabet did more than keep pace. It steadily pulled ahead of the competition. The surge in the tech company’s stock […] The post Google’s Parent Company Alphabet Wins Big Tech Stocks in 2025, at 61% YTD appeared first on Tekedia.
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Next Crypto to Explode: Little Pepe (LILPEPE) Could Follow Bitcoin’s (BTC) Path
The emerging blockchain, Little Pepe (LILPEPE), the Layer 2-based blockchain (that incorporates meme culture and high-performance decentralized finance), is already beginning to be felt in the world of cryptocurrencies. Since its release, LILPEPE has already demonstrated outstanding presale dynamics and a high degree of community involvement, indicating that the project has the potential to become […] The post Next Crypto to Explode: Little Pepe (LILPEPE) Could Follow Bitcoin’s (BTC) Path appeared first on Tekedia.
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Oracle’s New CEOs Face Turbulent Start as Stock Plunges 30% Amid AI Infrastructure Doubts
Oracle’s newly appointed co-CEOs, Clay Magouyrk and Mike Sicilia, are grappling with a rocky beginning to their leadership, as shares have tumbled approximately 30% this quarter—on track for the steepest decline since the 2001 dot-com bust—with only four trading days left, according to a CNBC report. Closing Wednesday at $197.49, the stock has erased 43% […] The post Oracle’s New CEOs Face Turbulent Start as Stock Plunges 30% Amid AI Infrastructure Doubts appeared first on Tekedia.
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West China Cement targets AfriSam in latest Chinese push into Africa’s cement market
Chinese cement producer West China Cement has moved to acquire South Africa’s AfriSam, highlighting the accelerating drive by Chinese industrial groups to expand across African markets as construction demand weakens at home. Details of the proposed transaction surfaced in a notice published on December 18 by Botswana’s Competition and Consumer Authority, which invited stakeholders to […] The post West China Cement targets AfriSam in latest Chinese push into Africa’s cement market appeared first on Tekedia.
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U.S. Stock Index Futures Steady after Christmas as Rate-cut Hopes and Earnings Optimism Keep Stocks Near Record Highs
U.S. stock index futures traded quietly in a thin post-Christmas session on Friday, as investors largely stayed on the sidelines while maintaining a broadly optimistic outlook for the year ahead, driven by expectations of interest rate cuts and continued strength in corporate earnings. The subdued tone followed a strong pre-holiday performance. Both the benchmark S&P […] The post U.S. Stock Index Futures Steady after Christmas as Rate-cut Hopes and Earnings Optimism Keep Stocks Near Record Highs appeared first on Tekedia.
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Syria to Begin Replacing Assad-Era Banknotes in 2026 as New Government Tries to Stabilize Currency
Syria will begin swapping old banknotes for newly issued ones from January 1, 2026, in a major currency overhaul aimed at stabilizing the Syrian pound and signaling a clean break from the Assad era, Central Bank Governor Abdelkader Husrieh said on Thursday. The move is part of a broader effort by Syria’s new government, led […] The post Syria to Begin Replacing Assad-Era Banknotes in 2026 as New Government Tries to Stabilize Currency appeared first on Tekedia.
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U.S. Launches Strikes on Terrorists in Northwest Nigeria, Trump Says
The United States has carried out a military strike targeting Islamic terrorists in northwest Nigeria, President Donald Trump said on Thursday, marking a rare publicly acknowledged U.S. military action in that part of the country and sharpening Washington’s focus on Nigeria’s security crisis. “Tonight, at my direction as Commander in Chief, the United States launched […] The post U.S. Launches Strikes on Terrorists in Northwest Nigeria, Trump Says appeared first on Tekedia.
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How to Improve Your Streetwear Style Trends | PixPretty AI Clothes Changer
Streetwear has always been about attitude, creativity, and self-expression,while AI outfit generators are changing how people plan, shop for, and experiment with their looks.  In this guide, we review the best AI outfit generators which focusing on to explore streetwear aesthetics while staying sustainable and intentional. What Is an AI Outfit Generator for Streetwear aesthetics […]
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Best 10 Pokemon GO Spoofers: Reddit Feedback, Risks, and How to Choose Safely
Pokémon GO spoofing remains a controversial but widely discussed topic among players. Reddit, especially subreddits like r/PokemonGoSpoofing and r/PoGoAndroid, has become one of the most valuable sources of real user feedback on spoofing tools, ban risks, and long-term account safety. This article summarizes Pokemon Go Spoofing Reddit user experiences, compares the 10 most discussed Pokémon […]
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How Social Media Creators Use AI Clothes Changers to Update Personal Style
In the age of Instagram, TikTok, and YouTube, personal style is no longer just about clothing,it is a core part of your online identity. With an AI clothing swap tool,  creators can change clothes in photos within seconds,trying new outfits no longer requires a fitting room. In this guide, we review the best AI clothes […]
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Nigeria & Kenya Lead as Africa’s Big 4 Dominate 2025 Funding
Africa’s Big Four drove $3.5B+ in 2025 startup funding as cleantech overtook fintech and debt financing surged, signaling a shift to infrastructure-led investment. The post Nigeria & Kenya Lead as Africa’s Big 4 Dominate 2025 Funding appeared first on Tech In Africa.
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Foxtron Launches Bria EV in Taiwan, Marking Island’s First Globally Exported Electric Model
Foxtron Vehicle Technologies, the electric vehicle joint venture between iPhone assembler Hon Hai Precision Industry (Foxconn) and Taiwanese automaker Yulon Motor, officially unveiled its Bria electric crossover on Thursday, positioning it as Taiwan’s first domestically produced EV designed for global export. The launch event in Taipei highlighted the model’s role in elevating Taiwan’s automotive industry […] The post Foxtron Launches Bria EV in Taiwan, Marking Island’s First Globally Exported Electric Model appeared first on Tekedia.
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China Accuses U.S. of Distorting Its Defense Policy, Warns Against Linking Border Easing With India to Washington’s Strategic Goals
China on Thursday accused the United States of distorting Beijing’s defense policy in a bid to obstruct improving relations between China and India, pushing back against a recent Pentagon assessment that linked easing border tensions to broader U.S.-India strategic competition. Foreign ministry spokesperson Lin Jian made the remarks at a regular press briefing in Beijing […] The post China Accuses U.S. of Distorting Its Defense Policy, Warns Against Linking Border Easing With India to Washington’s Strategic Goals appeared first on Tekedia.
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“Prepare For A Historic Economic Collapse”, Peter Schiff Says as Gold Threatens Dollar Supremacy
Peter Schiff, a prominent gold advocate and critic of fiat money, warns of the US dollar’s impending loss of reserve status to gold. According to Schiff, the reign of the dollar as the world’s primary reserve currency is coming to an end, as he forecast a crash against other currencies and a resulting economic collapse […] The post “Prepare For A Historic Economic Collapse”, Peter Schiff Says as Gold Threatens Dollar Supremacy appeared first on Tekedia.
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Trust Wallet Hacked as Users Lose $7 Million in Security Breach
In a major security breach shaking the crypto community, popular non-custodial wallet Trust Walletconfirmed that hackers exploited a critical vulnerability in its browser extension, draining roughly $7 million worth of digital assets from hundreds of users across multiple blockchain networks. The incident, linked to version 2.68 of the Trust Wallet extension, saw unauthorized transactions and […] The post Trust Wallet Hacked as Users Lose $7 Million in Security Breach appeared first on Tekedia.
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Foreign-Branded Smartphone Shipments Surge in China, Reclaiming Market Share in November
Shipments of foreign branded mobile phones in China more than doubled in November, rising to 6.93 million units, according to government-affiliated data released on Dec. 25 by the China Academy of Information and Communications Technology (CAICT). Reuters calculations based on the CAICT release show the figure represents a 128.4 percent jump from a year earlier, […] The post Foreign-Branded Smartphone Shipments Surge in China, Reclaiming Market Share in November appeared first on Tekedia.
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Beyond Buses, Governor Alex Otti Is Building A Platform for Commerce in Abia State
Question: “Sir, I read a post where someone in the diaspora criticized Abia State for buying 20 EV buses and still funding Abia Line Network, even though the state transporter is losing money. What is your view?” My Response: Let me speak in my personal capacity and offer a perspective that may help. I am […] The post Beyond Buses, Governor Alex Otti Is Building A Platform for Commerce in Abia State appeared first on Tekedia.
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Nigeria’s digital free zone experiment: Can Itana succeed where others failed?
When Nigeria’s currency began stabilising this year after months of volatility, many observers were cautious about calling it a turning point. But for Itana, a privately-run digital special economic zone designed to attract tech startups, services companies, and foreign investors, the shift became a timely catalyst for investor commitment.
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The power problem at the heart of Spiro
Spiro electric boda bodas spark debate in Kenya over ownership, control and power, after claims bikes can be disabled, raising fears about livelihoods and dependency.
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Africa’s most notable tech deal collapses in 2025
Africa’s tech scene saw fundraising jump 33% to $3 billion in 2025 as deals and acquisitions returned. Yet many transactions stalled quietly and never closed.
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Tariffs Jolt U.S. Leather Industry, Pushing Bootmakers and Luxury Brands Toward Higher Prices
When President Donald Trump imposed sweeping tariffs on imports in April, the shock rippled quickly through the U.S. leather industry. At Twisted X, a Texas-based bootmaker known for its Western footwear, the disruption hit with major impact, according to a CNBC report. Import costs on finished work boots surged almost overnight. Shipments already en route […] The post Tariffs Jolt U.S. Leather Industry, Pushing Bootmakers and Luxury Brands Toward Higher Prices appeared first on Tekedia.
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5 African startups rethinking waste as raw material, job hunting, and cross-border payments
Startups On Our Radar spotlights African startups solving African challenges with innovation. This week, we explore five African startups in the agritech, fintech, HRTech, cleantech, and artificial intelligence sectors and why they should be on your watchlist.
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Brazil Forces Apple to Open iOS Ecosystem: Alternative App Stores, External Payments, and New Fees Approved in Landmark Settlement
Brazil’s competition authority, the Administrative Council for Economic Defense (CADE), has ratified a groundbreaking settlement with Apple that mandates sweeping changes to the App Store’s operations on iOS devices within the country. The agreement, finalized through a Termo de Compromisso de Cessação on December 23, 2025, concludes a protracted antitrust investigation launched in December 2022 […] The post Brazil Forces Apple to Open iOS Ecosystem: Alternative App Stores, External Payments, and New Fees Approved in Landmark Settlement appeared first on Tekedia.
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2025: The Year AI Minted Over 50 New Billionaires Amid Record Funding and Infrastructure Boom
Artificial intelligence dominated headlines, investments, and wealth creation in 2025 like no other sector, transforming entrepreneurs into billionaires at an unprecedented pace and solidifying AI’s role in everyday work and life. According to Forbes, more than 50 new billionaires emerged from the AI ecosystem this year, driven by explosive valuations, massive funding rounds exceeding $200 […] The post 2025: The Year AI Minted Over 50 New Billionaires Amid Record Funding and Infrastructure Boom appeared first on Tekedia.
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Ozak AI Continues Its Meteoric Rise — $5.12M Raised and Counting as Retail and Whale Investors Load Up Ahead of Listing
Ozak AI, or $OZ, has rapidly become one of the most exciting AI-powered crypto projects this year, putting together high-performance predictive intelligence with a DePIN-driven decentralized infrastructure model. Situated at the crossroads of AI automation and tokenized network growth, Ozak AI has managed to gain the interest of both retail traders and large-scale investors. As […] The post Ozak AI Continues Its Meteoric Rise — $5.12M Raised and Counting as Retail and Whale Investors Load Up Ahead of Listing appeared first on Tekedia.
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Guangzhou Futures Exchange Tightens Trading Rules for Platinum and Palladium Futures to Rein in Speculation
China’s Guangzhou Futures Exchange (GFEX) has announced a fresh set of trading curbs for selected platinum and palladium futures contracts, tightening position requirements and daily trading limits as part of broader efforts to manage volatility and curb speculative activity in the niche precious metals market. In a statement issued on Thursday, the exchange said the […] The post Guangzhou Futures Exchange Tightens Trading Rules for Platinum and Palladium Futures to Rein in Speculation appeared first on Tekedia.
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Nigeria Hits 50.58% Broadband Penetration Milestone in November 2025, But Misses 70% National Target
Nigeria’s broadband penetration crossed the 50% threshold for the first time in November 2025, reaching 50.58%—a historic milestone reflecting gradual improvements in digital infrastructure amid economic challenges. However, this achievement underscores the country’s failure to meet the ambitious 70% target outlined in the National Broadband Plan (NBP) 2020-2025, which expires at the end of December […] The post Nigeria Hits 50.58% Broadband Penetration Milestone in November 2025, But Misses 70% National Target appeared first on Tekedia.
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China Urges Law-Compliant, Balanced Resolution as TikTok Moves to Hand Over U.S. Operations
China’s commerce ministry has said Beijing wants companies involved in the restructuring of TikTok’s U.S. operations to reach solutions that comply with Chinese laws and regulations and balance the interests of all parties. This underscores its first substantive public comment as a long-negotiated deal to avert a U.S. ban on the app moves toward completion. […] The post China Urges Law-Compliant, Balanced Resolution as TikTok Moves to Hand Over U.S. Operations appeared first on Tekedia.
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BOJ Signals Steady Path to Further Rate Hikes as Inflation Nears 2% Target
Bank of Japan Governor Kazuo Ueda said Japan’s underlying inflation is gradually accelerating and moving closer to the central bank’s 2% target, reinforcing the case for further interest rate increases as the country continues its cautious exit from decades of ultra-loose monetary policy. Speaking on Thursday to Keidanren, Japan’s most influential business lobby, Ueda said […] The post BOJ Signals Steady Path to Further Rate Hikes as Inflation Nears 2% Target appeared first on Tekedia.
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