Naija News Feed
Technology
Rapid Expansion of Stablecoin and Possibility of Tighter Monetary Policy in the United States
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.
Tekedia -
Verus Ethereum Bridge Exploited for over $11M As Cashdrop Event is Scheduled for May 22
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.
Tekedia -
Trump Weighs AI Cybersecurity Order as Mythos and GPT-5.5 Intensify Washington’s Fight Over AI Oversight
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.
Tekedia -
CPPE Backs CBN’s Rate Pause as Nigeria Navigates Inflation Pressures, FX Stability, and Global Oil Shock
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.
Tekedia -
SpaceX IPO Could Catapult Elon Musk Toward Unprecedented Trillionaire Status
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.
Tekedia -
Closes Zcash Foundation Investigation as Truth Social Withdraws ETF Filing
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.
Tekedia -
US House Passes Bill Barring Large Investment Firm from Buying Single-family House
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.
Tekedia -
Hyperliquid’s User Losses $400k in a Single Trade after Shorting Gold
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.
Tekedia -
Instant Games in Senegal: how the TikTok format transformed mobile gambling
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.
Tekedia -
US SEC Prepping a Groundbreaking Regulatory Approach to Digital Assets
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.
Tekedia -
Leading Turnkey Casino Software Providers for Seamless Platform Deployment
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.
Tekedia -
UI Promotes Ojebuyi to Full Professor
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.
Tekedia -
 
 
The SpaceX’s Choice of Goldman Sachs as Lead Underwriter
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.
Tekedia -
VVV Begins Trading on Robinhood As Many V1 Punks Sell for 6 Figures
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.
Tekedia -
Nvidia Posts Record $81.6 Billion Q1 Revenue as AI Infrastructure Boom Accelerates
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.
Tekedia -
Infinix NOTE 60 SERIES Garners Red Dotand iF Awards, Redefining Premium Smartphone Design
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
Tech City NG -
Screen Readers on Websites: What They Actually See and Why Most Fail
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
Tech City NG -
Nigeria reviews 26-year telecom policy as networks face mounting pressure
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
TechCabal -
Nigerian fintech Sycamore wants $29 million in deposits after MFB acquisition
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. 
TechCabal -
Kaspersky Warns about Scammers Targeting World Cup 2026 Travelers
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 […]
IT News Africa -
Nvidia Reports Another Record Quarter, Authorizes Massive $80bn Buyback Program
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.
Tekedia -
Anthropic Strikes $40bn Infrastructure Deal with xAI’s, Turning Musk’s AI Ambitions Into a Compute Landlord Business
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.
Tekedia -
SpaceX Releases IPO Filing, Reveals Costly Bet on AI, Starship, and Musk’s Vision for a Space-Based Economy
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.
Tekedia -
OpenAI Reportedly Moves To File Historic IPO in Coming Days
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.
Tekedia -
 
 
The Fusion of Gemini Flash 3.5 with Google Maps
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.
Tekedia -
China Confirms 200 Boeing Mega-Order in Major Signal of Stabilizing U.S.-China Trade Ties
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.
Tekedia -
Singapore Strengthens Its Bid as Asia’s Premier AI Hub with Landmark Deals from OpenAI and Google
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.
Tekedia -
CFTC Sues State of Minnesota Over Statewide Ban on Prediction Markets
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.
Tekedia -
Why Virtual Accounting Firms Are Replacing Traditional CPAs
The accounting industry is undergoing a quiet revolution. Across the country, small businesses, nonprofits, and entrepreneurs are moving away from traditional brick-and-mortar CPA offices and embracing virtual accounting firms that deliver the same expertise with greater speed, flexibility, and accessibility. This shift isn’t just a pandemic-era trend — it reflects a fundamental change in how […]
IT News Africa -
Nigeria reviews outdated telecoms policy to accelerate digital access and public services
Key points Main story The Federal Government has emphasized the urgency of reviewing Nigeria’s National Telecommunications Policy 2000, arguing that the framework, developed 26 years ago, can no longer adequately guide a sector that has undergone profound transformation. The call was made during a telecoms policy review workshop in Lagos, organized by the Nigerian Communications […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
BizwatchNigeria -
Paystack Rebuilds Its Dashboard for the AI Era
Paystack announced the launch of a new Dashboard, rebuilt from the ground up for the first time in 10 years. The redesigned product introduces an AI-native Command Centre that allows businesses to ask questions in plain language and receive answers grounded in their own Paystack data. “Businesses don’t come to their dashboard because they want […]
IT News Africa -
Ecentric Introduces a New Product to South Africa’s Till Vendors
Ecentric has announced the launch of POSPay, a semi-white-label payment enablement solution that allows South Africa’s till vendors to offer payment services under their own brand. Through POSPay, till vendors integrate once into Ecentric’s certified acquiring and processing infrastructure and then offer their entire merchant base a fully integrated card payment solution. It is branded […]
IT News Africa -
Paystack’s first Dashboard rebuild in a decade brings AI into merchant operations
Paystack has launched the first full rebuild of its Dashboard in a decade, introducing simplified navigation structure, mobile parity, and an AI-powered Command Centre.
TechCabal -
MTN Nigeria celebrates media excellence at inaugural MIP alumni awards
MTN Nigeria on Sunday, May 17, 2026, celebrated outstanding alumni of its Media Innovation Programme (MIP) at the MIP Alumni Award Night held at the MTN Event Centre, Falomo, Ikoyi, Lagos. The event brought together fellows, media professionals, innovators, and industry stakeholders to recognise impactful storytelling, innovation, and contributions to media development across Africa. The […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
BizwatchNigeria -
Gmail Live: Stop Typing, Just Ask Your Inbox
Gmail Live: Stop Typing, Just Ask Your Inbox Searching Gmail is about to change. At I/O 2026 on Tuesday 19th of May 2026, Google announced Gmail… TechCity
Tech City NG -
👨🏿‍🚀TechCabal Daily – New tax chief, old problem
In today's edition: Kenyans file petitions to block new tax chief || Lagos targets 250MW data centre capacity || US backs West Africa 1,500 base station study || Kenya Airways to use AI
TechCabal -