Naija News Feed
Technology
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.
Tekedia -
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.
Tekedia -
“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.
Tekedia -
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.
Tekedia -
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.
Tekedia -
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.
Tekedia -
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.
TechCabal -
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.
TechCabal -
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.
TechCabal -
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.
Tekedia -
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.
TechCabal -
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.
Tekedia -
 
 
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.
Tekedia -
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.
Tekedia -
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.
Tekedia -
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.
Tekedia -
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.
Tekedia -
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.
Tekedia -
Corporate VC in Africa Hits 3-Year High in H1 2025
Corporate venture funding in Africa rose 44% in H1 2025 to $1.4B across 26 deals, led by fintech, energy and healthcare, with more venture debt and local investors. The post Corporate VC in Africa Hits 3-Year High in H1 2025 appeared first on Tech In Africa.
Tech In Africa -
How Small Businesses Compete Globally Through Professional Web Presence
The internet promised to level playing fields between small businesses and large corporations, between emerging markets and established economies. That promise has partially delivered—but only for businesses that invest wisely in their digital presence. A company in Lagos can now serve customers in London. A startup in Nairobi can compete with established firms in New […] The post How Small Businesses Compete Globally Through Professional Web Presence appeared first on Tekedia.
Tekedia -
From Marrakech to Lagos: 20 of Africa’s biggest tech events in 2025
Cities like Marrakech, Lagos, Algiers, Kigali, and Cape Town played host to events that reflected the state of Africa’s tech ecosystem and its future.
TechCabal -
NCC Signals Shift To Direct-To-Mobile Satellite Connectivity In 2025–2030 Roadmap
The Nigerian Communications Commission (NCC) has signalled a significant policy shift towards satellite-enabled mobile connectivity, identifying Direct-to-Device (D2D) satellite services as a key technology for expanding network coverage between 2025 and 2030. The direction is contained in the Commission’s draft Spectrum Roadmap for the Communications Sector (2025–2030), which outlines Nigeria’s spectrum management and technology priorities […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
BizwatchNigeria -
Bitcoin Stuck in Extreme Fear as Analysts Warn of Prolonged Correction
Bitcoin investor sentiment has remained deeply pessimistic, with data from the Bitcoin Fear & Greed Index showing that the market has been locked in the extreme fear zone for 13 consecutive days. This prolonged stretch of fear highlights the intensity of FUD currently weighing on the crypto market. As Bitcoin (BTC) struggles to reclaim the […] The post Bitcoin Stuck in Extreme Fear as Analysts Warn of Prolonged Correction appeared first on Tekedia.
Tekedia -
Trump Administration Moves To Impose New China Chip Tariffs, Sets June 2027 Timeline to Ease Trade Tensions
President Donald Trump’s administration said on Tuesday it plans to impose tariffs on Chinese semiconductor imports, citing Beijing’s “unreasonable” drive to dominate the global chip industry, while pushing the effective date of the action out to June 2027. The tariff rate will be announced at least 30 days before it takes effect, according to a […] The post Trump Administration Moves To Impose New China Chip Tariffs, Sets June 2027 Timeline to Ease Trade Tensions appeared first on Tekedia.
Tekedia -
 
 
Italy Orders Meta to Suspend WhatsApp Ban on Third-Party AI Chatbots Amid Abuse Probe
Italy’s Competition Authority (AGCM) has issued an interim order forcing Meta to suspend its controversial policy prohibiting third-party companies from distributing general-purpose AI chatbots via WhatsApp’s Business API, citing preliminary evidence of abuse of dominant position that could cause “serious and irreparable harm” to competition in the AI services market. The decision, announced Wednesday (December […] The post Italy Orders Meta to Suspend WhatsApp Ban on Third-Party AI Chatbots Amid Abuse Probe appeared first on Tekedia.
Tekedia -
Inside Safaricom Ethiopia’s Data Price Hike and Its Impact on Affordability
Safaricom Ethiopia has introduced a sweeping revision to its mobile data pricing, implementing increases across daily, weekly, monthly, and long-validity bundles. The changes, which came into effect in late December, represent one of the most significant pricing adjustments since the operator entered the Ethiopian market. A review of the updated tariff structures shows that the […]
IT News Africa -
China Issues First 2026 Fuel Export Quotas, Holding Volumes Steady as Domestic Balance Takes Priority
China has issued 19 million tons of export quotas for refined oil products in the first batch of allowances for 2026, underscoring Beijing’s continued use of administrative controls to balance domestic fuel supply with its role as a major exporter in regional and global energy markets. According to three trade sources familiar with the allocations, […] The post China Issues First 2026 Fuel Export Quotas, Holding Volumes Steady as Domestic Balance Takes Priority appeared first on Tekedia.
Tekedia -
Google Takes on Nvidia With Public Launch of Ironwood, Its Most Powerful AI Chip Yet
Google is pushing deeper into the battle for control of the artificial intelligence infrastructure stack, announcing that its most powerful custom chip to date will soon be available for broad public use as it intensifies efforts to win over AI companies and large enterprise customers. The search giant said on Thursday that the seventh generation […] The post Google Takes on Nvidia With Public Launch of Ironwood, Its Most Powerful AI Chip Yet appeared first on Tekedia.
Tekedia -
Europe Bristles as U.S. Imposes Visa Bans on Architects of Tech Regulation, Deepening Transatlantic Digital Rift
A sharp diplomatic row has erupted between Washington and European capitals after the United States imposed visa bans on five prominent European figures linked to efforts to regulate American technology companies, prompting accusations of “coercion and intimidation” from leaders including French President Emmanuel Macron. The bans, announced on Tuesday, target Thierry Breton, the former EU […] The post Europe Bristles as U.S. Imposes Visa Bans on Architects of Tech Regulation, Deepening Transatlantic Digital Rift appeared first on Tekedia.
Tekedia -
India Eases Import Quality Checks in Bid to Streamline Trade and Advance U.S. Deal
India has unveiled a series of reforms aimed at simplifying and accelerating its import quality control procedures, including reduced paperwork, shorter approval timelines, fewer physical inspections, and greater reliance on technology-driven systems like digital certifications and risk-based sampling. The announcement, made on Wednesday by the Ministry of Commerce and Industry, directly addresses longstanding U.S. complaints […] The post India Eases Import Quality Checks in Bid to Streamline Trade and Advance U.S. Deal appeared first on Tekedia.
Tekedia -
S&P 500 Hits Fresh Intraday Record as AI Rally Reignites and Rate-Cut Bets Return
U.S. stocks pushed into uncharted territory on Wednesday, with the S&P 500 notching its first intraday record in more than a month as investors returned aggressively to artificial intelligence-linked stocks and renewed bets that the Federal Reserve will cut interest rates again next year. The benchmark index rose as much as 0.2% to 6,920.88 points, […] The post S&P 500 Hits Fresh Intraday Record as AI Rally Reignites and Rate-Cut Bets Return appeared first on Tekedia.
Tekedia -
BP Sells 65% Stake in Castrol to Stonepeak for $6bn, Advancing $20bn Divestment Plan
British Petroleum has agreed to sell a 65% stake in its iconic Castrol lubricants business to U.S.-based infrastructure investor Stonepeak in a deal generating approximately $6 billion in net proceeds, valuing the unit at an enterprise value of $10.1 billion, including debt. The transaction, announced on Christmas Eve, represents BP’s largest asset sale to date […] The post BP Sells 65% Stake in Castrol to Stonepeak for $6bn, Advancing $20bn Divestment Plan appeared first on Tekedia.
Tekedia -
$50M Crypto Heist: Binance Ex-CEO Changpeng Zhao Proposes Blacklists to Combat Address Poisoning Scams
In recent years, cryptocurrency scams have become increasingly personalized, directly targeting individual wallet holders with alarming frequency and devastating consequences. While these scams have already cost victims billions of dollars, another type of crypto scam is also on the rise, address poisoning attacks. A fresh wave of concern is rippling through the crypto industry after […] The post $50M Crypto Heist: Binance Ex-CEO Changpeng Zhao Proposes Blacklists to Combat Address Poisoning Scams appeared first on Tekedia.
Tekedia -
Hyperliquid’s Foundation formal Burning of HYPE Tokens Signals Continued Scarcity for HYPE
The Hyper Foundation officially announced that the governance vote has passed, formally recognizing all HYPE tokens held in the Assistance Fund as permanently burned. The vote was stake-weighted: 85% in favor, 7% against, and 8% abstaining. This removes approximately 37–37.5 million HYPE tokens worth around $900 million to $1 billion at recent prices from both […] The post Hyperliquid’s Foundation formal Burning of HYPE Tokens Signals Continued Scarcity for HYPE appeared first on Tekedia.
Tekedia -
Key Implications of Upexi’s $1 Billion Shelf Registration Filing
Upexi Inc. (NASDAQ: UPXI), a Nasdaq-listed company originally focused on consumer brands and e-commerce, has pivoted heavily into cryptocurrency. It adopted a Digital Asset Treasury (DAT) strategy centered on Solana (SOL), holding approximately 2–2.1 million SOL tokens (valued at around $250–260 million at current prices near $124 per SOL). This makes it the fourth-largest corporate […] The post Key Implications of Upexi’s $1 Billion Shelf Registration Filing appeared first on Tekedia.
Tekedia -
Ripple’s (XRP) $10 Dream in 2025 Dies as New Coin Below $0.003 Takes Over as the Best Crypto to Buy Now
The crypto market is entering a brutal phase for altcoins, and XRP is at the center of the breakdown. Its long-awaited push toward $10 looks more distant than ever, especially after today’s decisive crack below the $2.00 support.  Meanwhile, a new presale coin, Little Pepe (LILPEPE), priced under $0.003, is capturing market attention as a […] The post Ripple’s (XRP) $10 Dream in 2025 Dies as New Coin Below $0.003 Takes Over as the Best Crypto to Buy Now appeared first on Tekedia.
Tekedia -