Japan’s largest banks are enjoying their strongest earnings cycle in years, buoyed by rising domestic interest rates, stronger corporate borrowing, and a revival in wholesale banking activity. But analysts warn that the record-breaking profit surge may prove difficult to sustain as credit costs rise, overseas rate cycles soften, and geopolitical tensions inject fresh uncertainty into […] The post Japan’s Banking Giants Ride Rate Revival to Record Profits, but Global Risks Threaten Momentum appeared first on Tekedia.

Paystack, Nigeria’s leading online payment gateway that enables businesses in Africa to accept credit card payments from their customer, has unveiled a completely redesigned dashboard, introducing an AI-native Command Centre that allows businesses to interact with their financial data using plain language queries. The launch marks the first major rebuild of the company’s Dashboard in […] The post Paystack Launches AI-Powered Dashboard to Transform Merchant Operations appeared first on Tekedia.

The possibility of an OpenAI IPO filing arriving as early as this Friday, combined with SpaceX officially filing for its long-anticipated public offering under the ticker SPCX, marks a pivotal moment in modern capital markets. These are not ordinary companies entering public markets. They are arguably the two most influential private technology firms of the […] The post OpenAI IPO Filing Arriving on Friday Amid SpaceX Filing for an IPO appeared first on Tekedia.

Billionaire businessman and philanthropist Femi Otedola has pledged to invest $100 million in the upcoming Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals, describing the move as a strategic reallocation of capital from power generation into what he views as one of the most transformative industrial assets on the continent. Otedola made the […] The post Femi Otedola Commits $100m to Dangote Refinery IPO As Dangote Confirms $2bn from Investors Already appeared first on Tekedia.

In a striking development that underscores how capital-intensive the AI industry has become, reports indicate that Anthropic is set to pay SpaceX approximately $1.25 billion per month through 2029 for computing and infrastructure-related services, while simultaneously projecting that the June quarter could mark its first period of operating profitability. The numbers are staggering. A commitment […] The post Anthropic to Pay SpaceX Approximately $1.25B monthly Through 2029 appeared first on Tekedia.

Gold prices edged lower on Thursday, remaining under pressure from elevated U.S. Treasury yields and a firmer dollar, even as diplomatic developments around the U.S.-Iran conflict provided some support and limited the downside. Spot gold fell 0.3% to $4,528.03 per ounce by 0611 GMT. The metal had rebounded more than 1% on Wednesday after sliding […] The post Gold Prices Hold Near Recent Lows as Rising Yields and Stronger Dollar Counter Geopolitical Safe-Haven Demand appeared first on Tekedia.

The global financial system is moving through two powerful transitions at the same time: the rapid expansion of stablecoin infrastructure and the renewed possibility of tighter monetary policy in the United States. Those two themes collided this week as payment giant MoneyGram announced a partnership with Tempo to expand stablecoin-based payment infrastructure, while minutes from […] The post Rapid Expansion of Stablecoin and Possibility of Tighter Monetary Policy in the United States appeared first on Tekedia.

The decentralized finance sector is once again confronting heightened security concerns following the reported exploitation of the Verus Ethereum bridge, which resulted in losses exceeding eleven million dollars. The incident adds to a growing list of cross chain vulnerabilities that have continued to challenge the integrity of interoperability protocols. At the same time, PRJX, a […] The post Verus Ethereum Bridge Exploited for over $11M As Cashdrop Event is Scheduled for May 22 appeared first on Tekedia.

U.S. President Donald Trump is preparing an executive order that could reshape how advanced artificial intelligence models are released in the United States, as mounting concerns over cybersecurity risks split his political allies and intensify pressure on the rapidly expanding AI industry. According to sources familiar with the matter cited by Reuters, Trump could sign […] The post Trump Weighs AI Cybersecurity Order as Mythos and GPT-5.5 Intensify Washington’s Fight Over AI Oversight appeared first on Tekedia.

The Centre for the Promotion of Private Enterprise (CPPE) has endorsed the Central Bank of Nigeria’s decision to retain key monetary policy parameters, describing the move as a calculated shift toward economic stability at a time when global geopolitical tensions and domestic inflation risks are colliding. In a policy brief released after the 305th Monetary […] The post CPPE Backs CBN’s Rate Pause as Nigeria Navigates Inflation Pressures, FX Stability, and Global Oil Shock appeared first on Tekedia.

SpaceX’s planned initial public offering is shaping up as a defining moment for global capital markets and for its founder, Elon Musk, whose ownership structure and cross-company empire could place him on a path toward becoming the world’s first trillionaire. The company confirmed in a securities filing on Wednesday that it intends to sell shares […] The post SpaceX IPO Could Catapult Elon Musk Toward Unprecedented Trillionaire Status appeared first on Tekedia.

The cryptocurrency industry received another reminder this week that regulation and politics remain deeply intertwined with the future of digital assets. Two seemingly unrelated developments — the U.S. Securities and Exchange Commission closing its probe into the Zcash Foundation with no enforcement action, and Truth Social withdrawing its proposed Bitcoin ETF filing. The SEC’s decision […] The post Closes Zcash Foundation Investigation as Truth Social Withdraws ETF Filing appeared first on Tekedia.

The passage of a bill in the United States House of Representatives barring large investment firms from purchasing single-family homes marks one of the most consequential interventions in the U.S. housing market in decades. Framed as a response to escalating affordability pressures, the legislation directly targets institutional capital flows into residential real estate—an area that […] The post US House Passes Bill Barring Large Investment Firm from Buying Single-family House appeared first on Tekedia.

The rapid evolution of crypto derivatives markets has created an environment where traders can gain exposure to nearly any asset with extraordinary leverage and around-the-clock liquidity. Yet the same infrastructure that enables opportunity also magnifies operational mistakes. A recent incident involving a trader on Hyperliquid demonstrated how a single execution error can instantly transform a […] The post Hyperliquid’s User Losses $400k in a Single Trade after Shorting Gold appeared first on Tekedia.

Online gambling is changing rapidly, but the true revolution no longer comes solely from jackpots or graphics. Today, the industry is adapting above all to a new way of consuming digital content: fast, vertical, emotional and ultra-mobile. TikTok has profoundly changed digital habits worldwide. Users swipe from one video to the next in seconds, seek […] The post Instant Games in Senegal: how the TikTok format transformed mobile gambling appeared first on Tekedia.

The United States Securities and Exchange Commission (SEC) is preparing what could become one of the most important regulatory shifts in modern financial markets: an innovation exemption designed to support the growth of tokenized stocks and blockchain-based securities infrastructure. The proposal signals that regulators are beginning to acknowledge that financial markets are rapidly evolving beyond […] The post US SEC Prepping a Groundbreaking Regulatory Approach to Digital Assets appeared first on Tekedia.

Online gambling is a technology business first. Operators who understand that early – who make sound infrastructure decisions before spending a dollar on marketing – tend to build businesses that last. Those who treat the platform as an afterthought, something to sort out once the licence comes through, spend years managing technical debt they didn’t […] The post Leading Turnkey Casino Software Providers for Seamless Platform Deployment appeared first on Tekedia.

The University of Ibadan has elevated Dr Babatunde Ojebuyi to the rank of full professor in the Department of Communication and Language Arts, recognising a career that has combined methodological rigour with social relevance across nearly two decades of scholarship. His promotion underscores the institution’s role as a leading centre for communication research in Africa […] The post UI Promotes Ojebuyi to Full Professor appeared first on Tekedia.

The reported selection of SpaceX choosing Goldman Sachs as a lead underwriter for its anticipated IPO marks a pivotal moment in the long arc of private-to-public capital transitions in the aerospace and defense sector. If confirmed and executed, the move signals not only SpaceX’s maturation as a commercial enterprise but also the increasing convergence of […] The post The SpaceX’s Choice of Goldman Sachs as Lead Underwriter appeared first on Tekedia.

VVV begins trading on Robinhood, marking another step in the gradual convergence between retail brokerage infrastructure and emerging crypto-native assets. The listing of VVV signals continued appetite among retail platforms for expanding token access beyond major-cap assets, especially as liquidity fragmentation across exchanges pushes issuers to seek broader distribution channels. V1 Punks or V1 CryptoPunks […] The post VVV Begins Trading on Robinhood As Many V1 Punks Sell for 6 Figures appeared first on Tekedia.

American multinational technology company NVIDIA has delivered another historic quarter, reporting record revenue of $81.6 billion for the first quarter of fiscal 2027, ended April 26, 2026. The AI giant chip maker historic report, comes as surging global demand for artificial intelligence infrastructure continued to fuel unprecedented growth across its business. Nvidia significantly surpassed Wall […] The post Nvidia Posts Record $81.6 Billion Q1 Revenue as AI Infrastructure Boom Accelerates appeared first on Tekedia.

Infinix NOTE 60 SERIES Garners Red Dotand iF Awards, Redefining Premium Smartphone Design Infinix today announced that the NOTE 60 SERIES has received a series of world-renowned design recognitions, reinforcing Infinix’s… TechCity

Screen Readers on Websites: What They Actually See and Why Most Fail Most people judge a website by how it looks. They notice layouts, colors, animations, and images. However, screen… TechCity

Nigeria has begun reviewing its 26-year-old telecommunications policy, proposing 15 major changes that could affect everything from mobile tariffs and internet competition to network quality

The move reflects a broader shift among Nigerian fintechs that are increasingly acquiring microfinance banking licences to gain direct access to deposits and cheaper capital. 

Thousands of fans are expected to attend the World Cup 2026, and many are already handling their travel logistics, purchasing their flights and other transport tickets, booking accommodation, and arranging everything they need to reach the host cities. As interest grows, so does the number of fraudulent schemes that exploit the fact that fans are […]

Nvidia delivered another blockbuster quarter on Wednesday, underscoring how the artificial intelligence boom continues to reshape the global technology industry, even as the chip giant signaled that the pace of growth may begin to moderate after two years of explosive expansion. The company reported revenue of $81.6 billion for the quarter ended April 26, up […] The post Nvidia Reports Another Record Quarter, Authorizes Massive $80bn Buyback Program appeared first on Tekedia.

Anthropic has struck one of the largest infrastructure agreements yet in the artificial intelligence race, committing to pay more than $40 billion over four years for computing capacity from xAI, according to disclosures contained in SpaceX’s S-1 filing. The agreement gives Anthropic access to 300 megawatts of compute capacity at xAI’s Colossus 1 data center […] The post Anthropic Strikes $40bn Infrastructure Deal with xAI’s, Turning Musk’s AI Ambitions Into a Compute Landlord Business appeared first on Tekedia.

SpaceX has unveiled the clearest picture yet of a sprawling technology empire that has evolved far beyond reusable rockets, as the company prepares for what could become the largest stock market debut in history. The company’s long-awaited S-1 filing, released after markets closed Wednesday, reveals a business increasingly driven by satellite internet, artificial intelligence infrastructure, […] The post SpaceX Releases IPO Filing, Reveals Costly Bet on AI, Starship, and Musk’s Vision for a Space-Based Economy appeared first on Tekedia.

OpenAI is preparing to confidentially file draft paperwork for an initial public offering as soon as Friday, setting the stage for what could become one of the largest and most closely watched stock market debuts in modern corporate history. The move comes as the artificial intelligence company accelerates efforts to formalize its structure, deepen relationships […] The post OpenAI Reportedly Moves To File Historic IPO in Coming Days appeared first on Tekedia.

At this year’s, the headlines were dominated by familiar themes. The industry obsessed over agentic AI, benchmark wars, and whether Gemini Flash 3.5 justified the expectations surrounding Google’s latest generation of models. Yet beneath the noise of chatbot demos and productivity assistants, Google DeepMind may have quietly unveiled one of the most important breakthroughs in […] The post The Fusion of Gemini Flash 3.5 with Google Maps appeared first on Tekedia.

China on Wednesday confirmed an agreement to purchase 200 aircraft from Boeing, alongside engines and spare parts, marking Beijing’s largest publicly acknowledged order from the U.S. aerospace giant in years and a significant breakthrough in strained trade relations between the world’s two biggest economies. The announcement gives Boeing a badly needed commercial and geopolitical win […] The post China Confirms 200 Boeing Mega-Order in Major Signal of Stabilizing U.S.-China Trade Ties appeared first on Tekedia.

Singapore has taken a significant step forward in its ambition to become a leading global center for artificial intelligence, signing major agreements with OpenAI and Google on Wednesday that promise to accelerate AI adoption across critical sectors, including public services, healthcare, education, and enterprise. The deals, unveiled during the city-state’s flagship ATxSummit technology conference, come […] The post Singapore Strengthens Its Bid as Asia’s Premier AI Hub with Landmark Deals from OpenAI and Google appeared first on Tekedia.

The legal confrontation between the Commodity Futures Trading Commission and the state of Minnesota over a statewide ban on prediction markets reflects a deeper structural tension in U.S. financial regulation: the boundary between federal derivatives oversight and state-level consumer protection authority. Markets—platforms that allow users to trade contracts based on the outcome of real-world events, […] The post CFTC Sues State of Minnesota Over Statewide Ban on Prediction Markets appeared first on Tekedia.

Global AI chip leader Nvidia is opening its first research center in Singapore as the city-state accelerates efforts to position itself as a regional hub for artificial intelligence deployment, robotics, and next-generation automation. The new Nvidia lab, unveiled on Wednesday during Singapore’s ATxSummit technology conference, will focus on embodied AI, a fast-emerging segment of artificial […] The post Nvidia Expands Asia AI Push With Singapore Research Hub as City-State Bets on Robotics and Embodied AI appeared first on Tekedia.

European Commission President Ursula von der Leyen on Wednesday welcomed a provisional agreement on legislation to remove tariffs on U.S. imports, moving the European Union closer to ratifying a politically sensitive transatlantic trade accord aimed at preventing a fresh tariff confrontation with President Donald Trump. The breakthrough followed more than five hours of overnight negotiations […] The post EU Moves to Finalize U.S. Trade Deal as Bloc Seeks to Avoid New Trump Tariff Escalation appeared first on Tekedia.