Naija News Feed
Technology
Sam Altman-Backed World Raises $52.5m Through Crypto Token Sale To Expand Digital Identity Network
World, the digital identity and online verification project co-founded by OpenAI Chief Executive Sam Altman, has raised $52.5 million through a private sale of its WLD cryptocurrency token, securing fresh capital as it seeks to expand a platform designed to distinguish humans from AI-generated accounts in an increasingly automated internet. The fundraising was completed through […] The post Sam Altman-Backed World Raises $52.5m Through Crypto Token Sale To Expand Digital Identity Network appeared first on Tekedia.
Tekedia -
Anthropic Launches Cheaper Claude Opus 5 As AI Pricing War Intensifies
Anthropic on Friday unveiled Claude Opus 5, its newest flagship artificial intelligence model, positioning it as its strongest balance of performance and affordability as competition among leading AI developers increasingly shifts from raw capability to commercial value and cost efficiency. The San Francisco-based AI startup said Opus 5 outperforms its previous flagship, Claude Fable 5, […] The post Anthropic Launches Cheaper Claude Opus 5 As AI Pricing War Intensifies appeared first on Tekedia.
Tekedia -
Executive Briefing: The Executive’s Guide to Rapid Upskilling in the Age of AI Disruption
There is a shift taking place within the boardrooms and executive suites of organizations across the globe. For decades, the primary focus of senior leaders has been on developing and executing a solid strategic plan. They would spend countless hours poring over data and crafting a three-year plan to achieve the company’s objectives. The majority […] The post Executive Briefing: The Executive’s Guide to Rapid Upskilling in the Age of AI Disruption appeared first on Tekedia.
Tekedia -
Verizon Lands Over $1bn Google Fiber Deal, Expands Push Into AI Infrastructure Boom
Verizon Communications has signed a dark fiber agreement worth more than $1 billion with Alphabet’s Google, marking one of its largest artificial intelligence infrastructure contracts to date and positioning the U.S. telecom giant to capitalize on the multitrillion-dollar investment wave reshaping the technology sector. The agreement, announced Friday during Verizon’s second-quarter earnings call, will see […] The post Verizon Lands Over $1bn Google Fiber Deal, Expands Push Into AI Infrastructure Boom appeared first on Tekedia.
Tekedia -
The $120 Billion LLM Economy Faces Its Biggest Test Yet
The rapid rise of large language models has transformed artificial intelligence from a research frontier into one of the world’s fastest-growing commercial industries. According to economist Callum Williams, the global LLM market is now generating revenue at an estimated annualized run rate of approximately $120 billion. The figure underscores just how quickly AI has evolved […] The post The $120 Billion LLM Economy Faces Its Biggest Test Yet appeared first on Tekedia.
Tekedia -
Europe’s Diversified Energy Strategy Shields It from Iran War Disruptions
The stability of oil supplies across Europe has become one of the most closely watched economic issues following the sharp escalation of the conflict involving Iran. Although crude oil prices have surged as markets react to geopolitical uncertainty, economists in Germany argue that Europe is not currently facing an immediate supply crisis. Instead, the continent’s […] The post Europe’s Diversified Energy Strategy Shields It from Iran War Disruptions appeared first on Tekedia.
Tekedia -
Anduril Reportedly Targets $100bn Valuation As AI-Driven Defense Boom Fuels Investor Demand
Defense technology startup Anduril Industries is reportedly seeking fresh capital in a funding round that could value the company at approximately $100 billion, underscoring investors’ growing appetite for companies developing artificial intelligence, autonomous weapons and next-generation military systems. According to Reuters, citing people familiar with the matter, the company is in discussions to raise new […] The post Anduril Reportedly Targets $100bn Valuation As AI-Driven Defense Boom Fuels Investor Demand appeared first on Tekedia.
Tekedia -
Oil Rally Triggers Heavy Losses as Traders Double Down on Bearish Bets
Volatility has returned to the global oil market with remarkable force, leaving leveraged traders scrambling as crude prices continue their upward climb. Fresh data shared by blockchain analytics platform Lookonchain highlights just how costly the latest rally has become for traders attempting to bet against oil. One of the most notable casualties is a trader […] The post Oil Rally Triggers Heavy Losses as Traders Double Down on Bearish Bets appeared first on Tekedia.
Tekedia -
Until the Referee Calls It, It Ain’t a Foul – Crime, State Capture and Sustainable Development in Africa
by Chux Gervase Iwu1 & Nnamdi O. Madichie2  1University of The Western Cape, South Africa 2Woxsen University, Hyderabad, India  In any organised sport, players do not stop playing until the referee blows the whistle – whether because of a foul, an injury or the end of the game. Basically, the referee decides when to blow […] The post Until the Referee Calls It, It Ain’t a Foul – Crime, State Capture and Sustainable Development in Africa appeared first on Tekedia.
Tekedia -
AI as a Tool, Place and Way of Being in Transport Systems
Artificial intelligence (AI) has become the dominant narrative in discussions about the future of transport. Across aviation, logistics, maritime shipping, autonomous vehicles, road safety and even space transportation, AI is portrayed as the technology that will optimise routes, predict maintenance, improve safety, automate decisions and redefine mobility. This narrative is particularly visible on professional social […] The post AI as a Tool, Place and Way of Being in Transport Systems appeared first on Tekedia.
Tekedia -
How to Add a Website Link to the Start Menu
Below is a trick for you to add a favorite website link to the start menu in Windows 7. Right click on START and click on EXPLOREAfter Windows Explorer opens, in the wide right pane, RIGHT CLICK and select NEW/SHORTCUT In the “Type the location of the item” box, enter the Website URL you want […]
OgbongeBlog -
INEC Recruitment Requirements 2026 : Urgent Deadline & How To Apply Successfully
INEC recruitment requirements 2026 have officially been released by the Independent National Electoral Commission (INEC) as the agency opens its application portal to hire qualified Nigerians across multiple cadres. The recruitment portal opened on Monday, July 20, 2026, and applications will remain open through Monday, July 27, 2026. This recruitment exercise aims to strengthen the […]
OgbongeBlog -
 
 
Moody’s Warns AI Spending Boom Threatens Big Tech’s Finances as Trillion-Dollar Infrastructure Race Raises Credit Risks
The race to build artificial intelligence infrastructure is fundamentally changing the financial profile of the world’s largest technology companies, with the industry’s unprecedented spending spree eroding free cash flow, increasing leverage and introducing new balance-sheet risks, according to Moody’s Ratings. In a research note published this week, the ratings agency warned that the shift toward […] The post Moody’s Warns AI Spending Boom Threatens Big Tech’s Finances as Trillion-Dollar Infrastructure Race Raises Credit Risks appeared first on Tekedia.
Tekedia -
Kaito Partners With X as Phantom Expands Through Robinhood Chain Integration
The blockchain and digital asset industry continues to evolve through strategic partnerships that improve accessibility, data availability, and user experience. Two recent developments highlight this trend. Kaito has secured a data agreement with X to unlock a new generation of AI-powered crypto applications, while Phantom has integrated the Robinhood Chain into its wallet ecosystem. These […] The post Kaito Partners With X as Phantom Expands Through Robinhood Chain Integration appeared first on Tekedia.
Tekedia -
Why Stablecoins Are Becoming the Backbone of Modern Finance
For decades, the global financial system has relied on traditional banks to move money, provide savings, facilitate cross-border payments, and connect businesses with customers. While this infrastructure has powered economic growth. It has also exposed significant weaknesses. High transaction fees, slow settlement times, limited banking access, and outdated payment rails have left billions of people […] The post Why Stablecoins Are Becoming the Backbone of Modern Finance appeared first on Tekedia.
Tekedia -
“Former Trillionaire”: Elon Musk Reacts After Losing Over $130 Billion in A Week
Tesla CEO Elon Musk made headlines recently after his net worth dropped significantly, leaving him out of the Trillionaire club. After sharp declines in Tesla and SpaceX shares, which erased more than $130 billion from his net worth in a single week, Musk humourously wrote about it in a post on X. He wrote, “(Former) […] The post “Former Trillionaire”: Elon Musk Reacts After Losing Over $130 Billion in A Week appeared first on Tekedia.
Tekedia -
IPOs Have Underperformed the Market Since 2019 – Apollo Reports
According to data from Apollo Global Management, an American asset management firm, IPOs have underperformed the broader market since 2019, marking one of the weakest periods on record for newly public companies. A chart compiled by Apollo’s chief economist Torsten Sløk illustrates this trend clearly. While IPO performance has fluctuated over decades, the post-2019 cohort […] The post IPOs Have Underperformed the Market Since 2019 – Apollo Reports appeared first on Tekedia.
Tekedia -
Tunde Onakoya AltSchool Scholarship Fund – Everything You Need To Know
The Tunde Onakoya AltSchool Scholarship Fund is a major initiative designed for National Youth Service Corps (NYSC) members, prospective corps members and recent graduates looking to break into the tech industry. Chess in Slums Africa founder, Tunde Onakoya, has joined forces with Jobs59 founder, Sam Otigba, and AltSchool Africa co-founder, HackSultan, to launch this ₦250 […]
OgbongeBlog -
“The problem was much bigger than we anticipated it to be”: Day 1-1000 of Mida
TechCabal -
Trump Targets EU Over Google Fine, Threatens New Tariffs and Trade Probe Into Big Tech Penalties
President Donald Trump on Friday announced that his administration will launch a trade investigation into the European Union, escalating transatlantic trade tensions after Brussels imposed a €890 million ($1 billion) fine on Google for violating the bloc’s landmark Digital Markets Act (DMA). Trump said the probe could ultimately lead to the reversal of European penalties […] The post Trump Targets EU Over Google Fine, Threatens New Tariffs and Trade Probe Into Big Tech Penalties appeared first on Tekedia.
Tekedia -
Grok 4.5 Launches as Tech Stocks Lose $820 Billion Amid Mixed AI Earnings
The technology sector experienced one of its most volatile trading sessions of the year as xAI officially launched Grok 4.5, its newest frontier artificial intelligence model, while disappointing earnings from major technology companies erased approximately $820 billion in stock market value. The sharp market reaction highlighted the increasingly complex relationship between AI innovation, corporate profitability, […] The post Grok 4.5 Launches as Tech Stocks Lose $820 Billion Amid Mixed AI Earnings appeared first on Tekedia.
Tekedia -
Brent Crude Hits Two-Month High Amid Houthi Strikes on Saudi Tankers
Brent crude has surged above $100 per barrel for the first time in two months, sending a fresh wave of concern through global financial markets as geopolitical tensions in the Middle East continue to escalate. The move follows reports that Houthi militants struck two Saudi oil tankers, raising fears that critical energy infrastructure and shipping […] The post Brent Crude Hits Two-Month High Amid Houthi Strikes on Saudi Tankers appeared first on Tekedia.
Tekedia -
AFX Trade’s Arbitrum Perpetual DEX Suffers $24.15 Million Exploit as Hacker Offered 30% Bounty
The decentralized finance sector has once again been reminded of the persistent security risks that accompany permissionless financial protocols. AFX Trade, a perpetual decentralized exchange (DEX) operating on the Arbitrum network, recently suffered a devastating exploit that resulted in the loss of approximately $24.15 million in digital assets. The attack has sent shockwaves through the […] The post AFX Trade’s Arbitrum Perpetual DEX Suffers $24.15 Million Exploit as Hacker Offered 30% Bounty appeared first on Tekedia.
Tekedia -
US Economy Shows Resilience with Lowest Jobless Claims in Decades
The United States labor market has once again demonstrated remarkable resilience as initial jobless claims fell to 187,000, marking one of the lowest weekly readings in nearly six decades. The latest figure signals that layoffs remain exceptionally rare despite elevated interest rates, global economic uncertainty, and ongoing concerns about inflation. For investors, policymakers, and businesses […] The post US Economy Shows Resilience with Lowest Jobless Claims in Decades appeared first on Tekedia.
Tekedia -
 
 
OpenAI Introduces Health Mode in ChatGPT for Trusted Wellness Guidance
OpenAI has introduced a new Health feature for ChatGPT, marking another major step in the integration of artificial intelligence into everyday healthcare experiences. The feature is designed to help users better understand health-related questions, navigate symptoms, access reliable wellness information, and prepare for conversations with healthcare professionals. While it is not intended to replace licensed […] The post OpenAI Introduces Health Mode in ChatGPT for Trusted Wellness Guidance appeared first on Tekedia.
Tekedia -
Okin Biscuits: Revitalising a Legacy, Rebranding for the Future
When a product disappears from the shelves, it often fades quietly into memory. Yet some products linger, not just as snacks or commodities, but as cultural touchstones. Okin Shortcake is one of those rare names that has lived on in the hearts of Nigerians long after its absence. Its return is not simply a business […] The post Okin Biscuits: Revitalising a Legacy, Rebranding for the Future appeared first on Tekedia.
Tekedia -
Digital Nomads: Eseandre Otomiewor built a $100,000 business. Then started over in the US.
TechCabal -
Kenya finalises crypto licencing framework for exchanges, digital asset firms
TechCabal -
Why Vodacom is taking its AI talent search back to university
TechCabal -
Why Africa’s growth-stage companies need more than capital to scale sustainably 
TechCabal -
Mercy Erhiawarien left Africa. She returned convinced it is the future
TechCabal -
“I’m an African”: Why MTN says migration matters to South Africa’s digital future
TechCabal -
Why Nigerian fintech Duplo is turning to banks to distribute its software
TechCabal -
How Breet Financed Its First 1,000 Days Without Venture Capital
Tech In Africa -
South African VC Exits Are Finally Catching Up, and a New R10bn Raise Is Betting on More
Tech In Africa -
Uber Is Taking Over Glovo and Talabat’s African Operations in a €14.8bn Delivery Hero Deal
Tech In Africa -