Naija News Feed
Technology
Kofa raises $8.1 million to expand battery-swapping energy network
Kofa will use the new funding, a mix of equity and debt, to expand its battery-swapping infrastructure across Ghana and Kenya.
TechCabal -
How AfCFTA Shapes Technology Transfer in Africa
AfCFTA is revolutionizing technology transfer across Africa by reducing barriers and promoting collaboration, impacting key industries. The post How AfCFTA Shapes Technology Transfer in Africa appeared first on Tech In Africa.
Tech In Africa -
MTN Nigeria Returns To Profitability, Declares N133.7bn Q1 Profit
MTN Nigeria Communications Plc has posted a profit after tax of N133.7 billion for the first quarter of 2025, marking its first return to profitability since 2023. The development signals a turnaround for Nigeria’s largest telecommunications operator, which had faced consecutive quarterly losses despite robust revenue performance. The company, which boasts a subscriber base of […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
BizwatchNigeria -
MTN, Kogi Resolve Dispute As Telecom Services Set To Resume Wednesday — ALTON
Telecommunication services disrupted in Kogi State are expected to be fully restored by Wednesday following the resolution of a compliance dispute between MTN Nigeria and the state government. Chairman of the Association of Licensed Telecom Operators of Nigeria (ALTON), Gbenga Adebayo, confirmed the development in an interview with PUNCH Online on Tuesday, stating that all […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
BizwatchNigeria -
Top Crypto to Watch in 2025: This One Just Got Backed by a $7.5M VC Deal
Every market cycle, traders and investors set out to identify the top crypto to watch for maximum gains and 2025 is no exception. While different projects compete for this top spot, RCO Finance (RCOF) is already setting the pace after the project secured a groundbreaking $7.5 million venture capital funding. This level of investment signals […] The post Top Crypto to Watch in 2025: This One Just Got Backed by a $7.5M VC Deal appeared first on Tekedia.
Tekedia -
5 Surprising Things You Can Do With ChatGPT’s New Shopping Feature
OpenAI has officially launched a shopping feature in ChatGPT, opening a world of possibilities for online shoppers looking for convenience, personalization, and smarter recommendations. Built into the ChatGPT interface, the tool leverages AI to streamline how users discover, compare, and decide on purchases — all in real-time. If you’re still picturing basic product searches, think […]
IT News Africa -
MTN Nigeria posts ₦133.7 billion Q1 profit in second straight positive quarter
This marks the telecom giant’s second consecutive profitable quarter, a significant rebound from the ₦392.7 billion loss recorded in Q1 2024, largely driven by foreign exchange losses and inflation.
TechCabal -
Immersion Cooling Systems: Advantages and Deployment Strategies for Data Centres Across Africa
The demand for data centres in Africa is growing, driven by several factors. These include government regulations for local data security, an increasing demand for cloud computing among small and mid-sized enterprises (SMEs), and growing investment by domestic players. In turn, as the data centre industry develops across the continent, furtherfuelled by the ongoing rise of artificial intelligence (AI) […]
IT News Africa -
What Does Agentic AI Mean for Cybersecurity?
If you’ve ever felt frustrated booking trips, finding troubleshooting information, coordinating complex supply chains, or managing any elaborate environment, you’ll be interested in what AI agents offer. AI agents are poised to reshape how we get things done. They stand in for us, managing and delegating numerous tasks towards an overarching outcome, giving people more […]
IT News Africa -
Growth Journey and Winning the Future | Ndubuisi Ekekwe
It is Tekedia Mini-MBA Graduation Week. Join us today for the first lecture titled “Growth Journey and Winning the Future ”. After our co-learning process over the last 13 weeks, it is now time for execution. When we execute, we grow our businesses and careers. Indeed, organizing and optimizing the pillars of people, processes and […] The post Growth Journey and Winning the Future | Ndubuisi Ekekwe appeared first on Tekedia.
Tekedia -
The Role of Security in Lottery Software
Lottery games have come a long way from paper tickets and weekly draws. Today, everything happens through advanced software – helping players buy tickets, draw numbers, and even claim prizes from anywhere in the world. Security isn’t just a feature in lottery software. It’s the foundation that keeps everything running smoothly and fairly. Why Security […] The post The Role of Security in Lottery Software appeared first on Tekedia.
Tekedia -
Omnichannel shopping is the future of retail in South Africa
The retail industry is shifting at an unprecedented pace, driven by evolving consumer expectations and technological advancements. While South Africa’s online retail sales accounted for just 6% of total retail sales in 2023, the figure remains significantly lower than markets like the United States (16.2%) and the United Kingdom (26.2%). If we are to harness […]
IT News Africa -
 
 
The $330M Bitcoin Hack and Subsequent 50% Monero (XMR) Spike Carry Significant Implications
On April 28, 2025, a suspected theft of 3,520 Bitcoin (BTC), valued at approximately $330.7 million, led to a 50% surge in Monero (XMR) prices, with the privacy coin reaching an intraday high of $339-$391, according to various sources. Blockchain investigator ZachXBT flagged the suspicious transfer from a potential victim’s wallet (address: bc1qcrypchnrdx87jnal5e5m849fw460t4gk7vz55g), noting that […] The post The $330M Bitcoin Hack and Subsequent 50% Monero (XMR) Spike Carry Significant Implications appeared first on Tekedia.
Tekedia -
Mastercard to Support Stablecoin Payments Globally
Mastercard announced a comprehensive global initiative to support stablecoin payments, enabling seamless transactions from digital wallets to merchant checkouts at over 150 million locations worldwide. This “360-degree approach” includes wallet enablement, card issuance, merchant settlement, and on-chain remittances. Key partnerships with crypto platforms like MetaMask, Kraken, Gemini, Bybit, Crypto.com, Binance, Monavate, Bleap, OKX, Nuvei, Circle, […] The post Mastercard to Support Stablecoin Payments Globally appeared first on Tekedia.
Tekedia -
Setting up your own AI supercomputer in South Africa just got much easier
South Africa is poised for an AI revolution. However, high costs, skills shortages and difficulty in sourcing hardware have made the ambition of building AI in South Africa, for South Africans, an elusive dream. Until now. Altron Arrow has secured the rights to distribute ASUS AI GPU hardware in South Africa. With the local AI […]
IT News Africa -
Meet the itel A90: The Only Colorful & Durable Smartphone You Can Get for Under 100,000 Naira.
Meet the itel A90: The Only Colorful & Durable Smartphone You Can Get for Under 100,000 Naira. In a world where smartphones are becoming increasingly expensive, the new itel A90 is a breath of fresh… TechCity
Tech City NG -
NEPC Reports $1.791bn Surge in Non-Oil Exports as Nigeria’s Economic Diversification Drive Gets Boost from PAPSS and AfCFTA
Nigeria’s push to diversify its economy away from oil dependency gained fresh momentum in the first quarter of 2025, with non-oil exports surging by nearly 25% compared to the same period last year. According to the Nigeria Export Promotion Council (NEPC), the country recorded $1.791 billion in non-oil exports between January and March 2025 — […] The post NEPC Reports $1.791bn Surge in Non-Oil Exports as Nigeria’s Economic Diversification Drive Gets Boost from PAPSS and AfCFTA appeared first on Tekedia.
Tekedia -
Nigeria’s open banking to launch in August after four-year wait
The CBN has approved the launch of open banking, making banks begin sharing customer data with financial institutions starting in August 2025.
TechCabal -
Alibaba Unveils Qwen3 Next-Generation Open-Source Large Language Model, Intensifies China’s AI Advancement
Alibaba, China’s largest e-commerce company, has introduced Qwen3, the latest iteration of its open-source Qwen family of large language models. According to a blog post, Qwen3 delivers significant advancements in reasoning, instruction following, tool usage, and multilingual capabilities, positioning it as a strong competitor to leading models like DeepSeek’s R1, o1, o3-mini, Grok-3, and Gemini-2.5-Pro […] The post Alibaba Unveils Qwen3 Next-Generation Open-Source Large Language Model, Intensifies China’s AI Advancement appeared first on Tekedia.
Tekedia -
CBN Orders Banks to Adopt PAPSS for Cross-Border Transactions, Targets Boost in Intra-African Trade
In a bold step aimed at improving cross-border payment efficiency and deepening regional trade integration, the Central Bank of Nigeria (CBN) has directed all banks operating within the country to commence the use of the Pan-African Payment and Settlement System (PAPSS) for originating transactions. The directive, which took effect through a circular issued on April […] The post CBN Orders Banks to Adopt PAPSS for Cross-Border Transactions, Targets Boost in Intra-African Trade appeared first on Tekedia.
Tekedia -
Ethereum’s Next Upswing Could Push It to $5.7K, But XRP and This $0.20 Altcoin Will Have Cleared the $8 Barrier Long Before That
After a forgettable Q1 performance, the cryptocurrency market is poised for a breakout. Ethereum’s (ETH) next leg up is positioned at $5.7K. However, two altcoins, Ripple (XRP) and a fast-rising token trading at barely $0.20, Rexas Finance (RXS), are poised to take the spotlight first. Ethereum Price Action Signals a Bullish Run After months of […] The post Ethereum’s Next Upswing Could Push It to $5.7K, But XRP and This $0.20 Altcoin Will Have Cleared the $8 Barrier Long Before That appeared first on Tekedia.
Tekedia -
A Look Into OKX’s MPC Pay Wallet
The OKX Pay Wallet is set to launch, aiming to bring cryptocurrency to one billion users. It’s a private keyless wallet using MPC technology, splitting keys into three shares for enhanced security without seed phrase risks. Running on OKX’s Ethereum Layer 2 (X Layer), it focuses on US fairies and USDC payments with low gas […] The post A Look Into OKX’s MPC Pay Wallet appeared first on Tekedia.
Tekedia -
Duolingo Plans To Replace Contractors With AI
Duolingo Plans To Replace Contractors With AI Duolingo, the world’s most popular language-learning app, is taking a bold leap into the future by adopting an… TechCity
Tech City NG -
Tekedia Capital Congratulates Revna Biosciences for AstraZeneca Partnership
Tekedia Capital congratulates our portfolio company, Revna Biosciences, for a groundbreaking collaboration between AstraZeneca, a global biopharmaceutical company, and the sub-Saharan African leader in precision medicine and advanced diagnostics. This strategic partnership will deepen Epidermal Growth Factor Receptor (EGFR) biomarker testing in Africa, significantly enhancing early diagnosis and personalized treatment for patients with non-small cell […] The post Tekedia Capital Congratulates Revna Biosciences for AstraZeneca Partnership appeared first on Tekedia.
Tekedia -
 
 
9mobile claims SIM porting is active, but users say otherwise
“Our customers can still port out of our network if they choose to, and we comply fully with regulatory guidelines to ensure a smooth process,” said Chineze Amanfo, 9mobile’s Public Relations Lead.
TechCabal -
Dear Entrepreneur, You’re the Product!
Yes, the best time to audition for a job is when there is no job. And the best time for an entrepreneur to raise money is when he/she is not actively raising money. What you did ten years ago can prevent your classmate or co-worker or uncle or anyone, who may have money to spare, […] The post Dear Entrepreneur, You’re the Product! appeared first on Tekedia.
Tekedia -
Airport Maintenance Bays Are Upgrading Power Safety With Ground-Level Busway Drops
In the airline industry, aircraft maintenance is vital to both safety and reliability. As demand grows for efficient air travel, airports are rethinking how power is delivered within their maintenance bays—spaces that keep operations moving without delays. One major shift involves replacing overhead cabling with ground-level busway drops. This approach reduces hazards, clears up work […] The post Airport Maintenance Bays Are Upgrading Power Safety With Ground-Level Busway Drops appeared first on Tekedia.
Tekedia -
Futures Trading in Cryptocurrency
Introduction Cryptocurrency has transformed the financial world, offering new ways for investors and traders to engage with digital assets. One of the more advanced and sophisticated methods of trading in this space is futures trading. Unlike spot trading, where assets are bought and sold instantly, futures trading involves agreements to buy or sell an asset […] The post Futures Trading in Cryptocurrency appeared first on Tekedia.
Tekedia -
Coronation Wealth wants the average Nigerian to invest in the capital markets
Despite a population of more than 200 million, fewer than 1% of Nigerians invest in collective investment schemes like mutual funds, according to the company.
TechCabal -
Automated Crypto Trading Bots: A Comprehensive Guide
The rise of cryptocurrency has transformed the financial landscape, offering opportunities for traders to profit from its volatility. However, the 24/7 nature of the crypto market can be overwhelming for those unable to monitor price movements constantly. This is where automated crypto trading bots come in, revolutionizing how traders operate by executing trades based on […] The post Automated Crypto Trading Bots: A Comprehensive Guide appeared first on Tekedia.
Tekedia -
China is Considering Exempting Irreplaceable U.S. Goods From Its 125% Tariff
China is considering exempting certain U.S. goods from its 125% tariffs, driven by concerns over the economic fallout of the ongoing trade war with the United States. According to reports, Beijing has already granted exemptions for some U.S. imports, particularly those deemed “irreplaceable,” such as certain semiconductors and healthcare products, to protect its industries and […] The post China is Considering Exempting Irreplaceable U.S. Goods From Its 125% Tariff appeared first on Tekedia.
Tekedia -
A southeast Nigerian startup wants to become the “Netflix of documentaries”
When the COVID-19 pandemic forced the world indoors in 2020, streaming audiences went hunting for more than sitcoms and Marvel reruns. Documentaries—long a second-class citizen in the streaming world— moved quietly to the front row. Now, a startup out of Aba, southeastern Nigeria—once an  epicenter of Nollywood’s DVD distribution boom—thinks it has the answer for the […]
TechCabal -
Lendsqr develops AI to assess Nigerian borrowers by face and voice
Lendsqr is building an artificial intelligence model that analyses borrowers’ voices and faces to determine if they qualify for a loan.
TechCabal -
Telecom Battle Intensifies in Kogi as Glo, Airtel Target 1.5M MTN Subscribers
Following the suspension of MTN operations in Kogi State, rival telecom giants Globacom and Airtel have intensified efforts to capture an estimated 1.5 million displaced subscribers, triggering a fierce competition for market dominance in the state. The development stems from an ongoing dispute between MTN Nigeria and the Kogi State Government, which culminated in a […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
BizwatchNigeria -
Traders Hesitate To Pull Trigger On Dogecoin and Cardano, But This Altcoin’s Volume Is Skyrocketing
As traders grow cautious around Dogecoin and Cardano due to stagnant price action and unclear short-term momentum, a new altcoin is making waves with surging trading volume—Lightchain AI. Currently in Stage 15 of its presale and priced at $0.007, Lightchain AI has already raised $18.3 million, drawing the attention of investors seeking high-growth potential. While […] The post Traders Hesitate To Pull Trigger On Dogecoin and Cardano, But This Altcoin’s Volume Is Skyrocketing appeared first on Tekedia.
Tekedia -
Landmark ruling on unequal pay puts Kenyan startups, SMEs on notice
Kenya’s Employment and Labour Court has declared that paying workers different salaries for the same role is unlawful, in a ruling that could have far-reaching implications for tech startups and SMEs. 
TechCabal -