Naija News Feed
Technology
Transcorp Power Posts 62% (N32.637bn) PAT Q1 2025 Growth
Transcorp Power Plc (formerly Transcorp Power Limited) delivered a powerful first-quarter performance in 2025, reporting a pre-tax profit of N43.283 billion — a 50.43% rise from N28.772 billion in Q1 2024. Profit after tax soared even higher, climbing 62% to N32.637 billion. The strong results reflect not just Transcorp Power’s operational efficiency, but also broader […] The post Transcorp Power Posts 62% (N32.637bn) PAT Q1 2025 Growth appeared first on Tekedia.
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Benefits of IoT in Agriculture and Farming
Global agriculture must supply almost 70 percent more food before 2050, yet farmers face shrinking water resources, erratic weather, and rising input costs. Internet of Things (IoT) technology offers precise, real-time information that allows scientific management of crops and livestock. Sensors, low-power networks, and cloud analytics move agriculture from calendar-driven practice to evidence-based practice, improving […]
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CME Group to Launch XRP Futures Contract on May 19th
CME Group, the world’s leading derivatives marketplace, announced plans to launch XRP futures on May 19, 2025, pending regulatory approval. The futures will be cash-settled, based on the CME CF XRP-Dollar Reference Rate, calculated daily at 4:00 p.m. London time. Traders can choose between micro-sized contracts (2,500 XRP) and larger contracts (50,000 XRP), catering to […] The post CME Group to Launch XRP Futures Contract on May 19th appeared first on Tekedia.
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UBA to Raise N144.8bn to Meet Recapitalization Target, Expand Footprint into France and Saudi Arabia
United Bank for Africa Plc (UBA) has announced plans to raise N144.8 billion ($90.2 million) in additional capital this year as part of its strategy to meet the Central Bank of Nigeria’s new recapitalization requirements and drive expansion into new international markets. This latest capital raise comes on the heels of an N240 billion rights […] The post UBA to Raise N144.8bn to Meet Recapitalization Target, Expand Footprint into France and Saudi Arabia appeared first on Tekedia.
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Adobe Set to Launch Mobile Version of AI-Powered Image Generation Tool, Intensifies Rivalry With OpenAI
American computer software company Adobe is set to release a mobile version of its AI-powered image generation tool “Firefly”, escalating its competition with OpenAI. The Firefly mobile app aims to be a constant creative companion, enabling users to generate visuals on the go, such as sketching ad campaign ideas during a commute. Announcing the launch […] The post Adobe Set to Launch Mobile Version of AI-Powered Image Generation Tool, Intensifies Rivalry With OpenAI appeared first on Tekedia.
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Fantasy Pepe (FEPE) Price Prediction: What to Expect in H1 and H2 of 2025, 2026, and 2027
Fantasy Pepe ($FEPE) is a meme coin, but not just any meme coin. It’s powered by real utility, driven by football culture, fueled by AI-generated matches, and backed by token mechanics that make sense. AI tools like ChatGPT and DeepSeek manage clubs and Grok refereeing matches to ensure that the platform creates an ecosystem where […] The post Fantasy Pepe (FEPE) Price Prediction: What to Expect in H1 and H2 of 2025, 2026, and 2027 appeared first on Tekedia.
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Smuggled Rice Floods Nigerian Markets, Drives Prices to N58,000 Per 50kg
The price of a 50kg bag of rice has tumbled to as low as N58,000 in parts of Nigeria, especially in border communities, following an influx of smuggled rice from the Republic of Benin. A new report by S&P Global has confirmed that Nigeria’s staple food market has seen one of its sharpest price declines […] The post Smuggled Rice Floods Nigerian Markets, Drives Prices to N58,000 Per 50kg appeared first on Tekedia.
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Technology Enhancing Sport in Africa
Across the African continent, technology is revolutionising the world of sport. From grassroots development to elite performance, innovations are being harnessed to overcome long-standing barriers—such as access to equipment, infrastructure, and funding—while boosting visibility, performance, and inclusivity across multiple disciplines. Data and Performance Analytics One of the most impactful advancements in African football is the […] The post Technology Enhancing Sport in Africa appeared first on Tech In Africa.
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Flat6Labs and Tamwilcom Launch Accelerator to Fuel Morocco’s Tech Startup Ecosystem
Morocco’s startup ecosystem is gaining momentum, and the entry of Flat6Labs, one of the most active early-stage investors in the Middle East and North Africa (MENA) region, could be a game-changer. In collaboration with Tamwilcom, a Moroccan public financial institution, the venture capital firm has introduced a new accelerator program aimed at driving innovation in […] The post Flat6Labs and Tamwilcom Launch Accelerator to Fuel Morocco’s Tech Startup Ecosystem appeared first on Tech In Africa.
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Guide to Rural Telecom Infrastructure in Africa
Explore innovative strategies and technologies to enhance telecom infrastructure in rural Africa, bridging the digital divide for underserved communities. The post Guide to Rural Telecom Infrastructure in Africa appeared first on Tech In Africa.
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UGFS-VC Launches New Era Fund I to Fuel Tunisia’s Tech Startups in AI, Biotech, and Green Tech
Tunisia’s venture capital landscape is making significant strides as United Gulf Financial Services Venture Capital (UGFS-VC) announces the first close of its early-stage investment fund, New Era Fund I. The fund has successfully secured €7 million (approximately $7.5 million) toward its €15 million ($17 million) target. This milestone is bolstered by a €3.5 million commitment […] The post UGFS-VC Launches New Era Fund I to Fuel Tunisia’s Tech Startups in AI, Biotech, and Green Tech appeared first on Tech In Africa.
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Meta Unveils Llama 4 to Challenge AI Giants
The AI race is intensifying, and Meta has just made a bold move with the release of Llama 4. Aimed at challenging industry giants such as OpenAI’s GPT-4.5 and Google’s Gemini, Meta’s Llama 4 models push the limits of AI performance, efficiency, and accessibility. Meta’s Llama models have undergone significant evolution. While Llama 2 and […] The post Meta Unveils Llama 4 to Challenge AI Giants appeared first on Tech In Africa.
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Trump’s Gamble: Scaramucci Reacts to Nigeria and China’s Digital Currency Move
In an exclusive interview, conducted by Saxo Bank, a global trading and investment platform,  Anthony Scaramucci, former White House communications director and prominent financier, shared his candid thoughts on the evolving global financial dynamics, particularly regarding Nigeria’s recent move to embrace a digital currency deal with China—one that bypasses the US dollar. The deal, which […] The post Trump’s Gamble: Scaramucci Reacts to Nigeria and China’s Digital Currency Move appeared first on Tech In Africa.
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Crypto Market Plunges Again—Will Bitcoin and Altcoins Recover, or Is This Coin Will Be Safe?
The crypto market is once again facing a sharp downturn, with Bitcoin leading the slide and dragging most altcoins into the red. Volatility has returned in full force, raising fresh concerns about whether this is a temporary correction—or the start of a deeper crash. As investors react to macroeconomic uncertainty, regulatory noise, and shifting market […] The post Crypto Market Plunges Again—Will Bitcoin and Altcoins Recover, or Is This Coin Will Be Safe? appeared first on Tekedia.
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The Best Crypto Presales to Invest in for 2025
With the crypto market constantly evolving, early-stage opportunities can deliver some of the highest returns for forward-thinking investors. Presales—where tokens are offered before public launch—remain a powerful way to access projects with significant upside potential. As we look ahead to 2025, a fresh crop of innovative crypto presales is capturing attention, offering unique features, strong […] The post The Best Crypto Presales to Invest in for 2025 appeared first on Tekedia.
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The Tech Behind Smarter Car Rentals: Automation, Apps, and Data
The prestige car rental industry is evolving. Different tools are used to ensure its functions. Trinity car rental https://trinityrental.com/ uses innovative solutions to optimize the luxury car rental process. Trinity Rental is an example of how the use of data, automation, and modern solutions can completely optimize the car rental process with flexible payment options, […] The post The Tech Behind Smarter Car Rentals: Automation, Apps, and Data appeared first on Tekedia.
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Fitch Upgrades Ratings of Kaduna, Kogi, Lagos, and Oyo States Following Nigeria’s Sovereign Upgrade
Fitch Ratings has upgraded the Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) of Kaduna, Kogi, Lagos, and Oyo states from ‘B-’ to ‘B’. According to information on the agency’s website, the outlook for all four states remains Stable. The upgrade follows the recent elevation of Nigeria’s sovereign rating to ‘B’ from ‘B-’ on April […] The post Fitch Upgrades Ratings of Kaduna, Kogi, Lagos, and Oyo States Following Nigeria’s Sovereign Upgrade appeared first on Tekedia.
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Kraken’s CFO Predicts Corporate Bitcoin’s Boom Due to Many Key Factors
Executives predict a corporate Bitcoin adoption boom due to several key factors. Bitcoin’s fixed supply of 21 million coins makes it an attractive store of value, protecting corporate cash reserves from fiat currency devaluation caused by inflation. Over 80 public companies, including MicroStrategy and Tesla, hold Bitcoin as a treasury asset, with a 142% increase […] The post Kraken’s CFO Predicts Corporate Bitcoin’s Boom Due to Many Key Factors appeared first on Tekedia.
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Mobile gaming options at SpeedAU Casino – full review
The mobile gaming experience at Speed AU pokies is designed with convenience and quality in mind, making it a top choice for players on the go. With a robust selection of over 300 games, including popular pokies, table games, and live dealer options, users can enjoy seamless gameplay on their smartphones and tablets. The casino […] The post Mobile gaming options at SpeedAU Casino – full review appeared first on Tekedia.
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ISO 31000 Lead Risk Manager Certification: The Gold Standard for Risk Management Education
ISO 31000 is an international standard for risk management that provides a framework for identifying, assessing, and managing risks across an organization. The ISO 31000 Lead Risk Manager Certification is considered the gold standard for risk management education and training, and for good reason. In this article, we will explore why the ISO 31000 Lead […]
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Data-Driven Hospitality: How Analytics and AI Are Reshaping Customer Service, Marketing, and Operational Excellence
The rise of big data, analytics and artificial intelligence (AI) is fundamentally reshaping the hospitality industry, enabling hotels and resorts to refine their operational and marketing strategies. So says Renee Hill, MD of the IIE School of Hospitality & Service management (IIEHSM) who adds: “By leveraging vast amounts of data and advanced technologies, hoteliers can […]
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What’s Fueling Nexchain’s Momentum? AI, Blockchain, and a $0.022 Token You Can Still Catch
Linking AI and Blockchain for a Smarter Tomorrow Blockchain is getting better, and exciting new ideas are changing the scene. A key development is adding artificial intelligence (AI) to blockchain systems. Nexchain.ai, a leading Layer-1 blockchain, is pushing this change by bringing together AI and decentralization. This creates a fast, advanced network. With its current […] The post What’s Fueling Nexchain’s Momentum? AI, Blockchain, and a $0.022 Token You Can Still Catch appeared first on Tekedia.
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Is This Presale Token the Next Big Hit Like Shiba Inu (SHIB)?
Shiba Inu (SHIB) took the crypto world by storm, delivering one of the most dramatic rallies in history and turning early adopters into millionaires. Its extraordinary rise was driven by community enthusiasm, strategic exchange listings, and an expanding range of use cases. While such explosive success is rare, the crypto market is always on the […] The post Is This Presale Token the Next Big Hit Like Shiba Inu (SHIB)? appeared first on Tekedia.
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UAE Pioneers Revolutionary AI-Powered Legislative System
The United Arab Emirates is taking a forward-looking step, positioning itself as a global pioneer by formally integrating artificial intelligence into the foundational processes of its government: the creation and management of law. Announced by Sheikh Mohammed bin Rashid Al Maktoum, this initiative marks a deliberate move to harness advanced technology for drafting, amending, and […]
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BoxCommerce enters UAE to tap SME e-commerce boom
The move positions BoxCommerce among a wave of African startups setting shop in the Middle East’s commercial capital.
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South Africa’s BoxCommerce enters UAE to tap SME e-commerce boom
The move positions BoxCommerce among a wave of African startups setting shop in the Middle East’s commercial capital.
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Safe and Easy Pokemon Go Cheats & Hacks【Free Trial】
Tired of grinding miles to hatch eggs or catch region-exclusive Pokémon? Discover risk-free Pokémon GO hacks that let you dominate the game without leaving your couch. From Pokémon GO joystick controls to teleportation tricks, we’ll show you how to level up fast and farm Stardust—all while avoiding bans. Section 1:Why Pokémon GO Cheats Are Game-Changers Niantic’s anti-spoofing systems are […]
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👨🏿‍🚀TechCabal Daily –  Kenya goes for gold
In today’s edition: Kenya wants to add gold to its reserve || Nigeria upholds $220 million fine against Meta || MTN suffers cybersecurity attack, says your data is fine and kept under a tight leash
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MTN Nigeria’s stock activity surges amid profit recovery hopes
On April 15, MTN Nigeria's trading volume exceeded 11 million units, the highest single-day trading volume for the telco on the Nigerian Exchange.
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Ethio telecom and Siinqee Bank Launch New Mobile Financial Services and Device Financing
Ethio telecom, in partnership with Siinqee Bank, has launched a new range of mobile financial services and smartphone financing solutions aimed at accelerating Ethiopia’s journey toward financial and digital inclusion. Leveraging the success of telebirr, Ethio telecom’s digital payment platform with over 52.5 million subscribers, the new services will offer rural and urban citizens access […]
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AI Video Editors in Sports Broadcasting: Capturing & Highlighting Game-Changing Moments Instantly
Sports broadcasting has come a long way—from old-school radio updates to high-definition, interactive coverage that keeps fans hooked from anywhere in the world. These days, people expect instant replays, real-time highlights, and expert breakdowns at their fingertips, whether they’re watching live or scrolling through social media. But creating high-quality sports content on the fly isn’t […]
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TradeGrid – Tekedia Capital Commends You For Great Q1 2015 Numbers
TradeGrid: Just to thank the Team for a GREAT Q1 2025 despite the challenges in the Nigeria market. Great companies separate themselves even during paralysis. I have read your shareholders’ note and I commend everyone. Absolutely brilliant execution: “…A culmination of these factors saw us record a 928% Year-on-Year growth in Q1 platform transactions, establishing […] The post TradeGrid – Tekedia Capital Commends You For Great Q1 2015 Numbers appeared first on Tekedia.
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Implications of Tether’s 10.12% Stake in Juventus Football Club on Blockchain Sports
Tether, the issuer of the USDT stablecoin, increased its stake in Juventus Football Club to 10.12% of the issued share capital, with 6.18% voting rights, as announced on April 24, 2025. This follows an initial 8.2% stake acquired in February 2025. The move positions Tether as the second-largest shareholder in the Serie A club, surpassing […] The post Implications of Tether’s 10.12% Stake in Juventus Football Club on Blockchain Sports appeared first on Tekedia.
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The AT&T and Helium Partnership Carries Several Implications
AT&T has partnered with Helium, a decentralized wireless network, to expand Wi-Fi coverage for its subscribers across the U.S. Announced on April 24, 2025, this collaboration allows AT&T customers to automatically connect to Helium’s community-built network of over 93,000 hotspots, primarily in the U.S., using Passpoint Wi-Fi authentication for seamless access. These hotspots, operated by […] The post The AT&T and Helium Partnership Carries Several Implications appeared first on Tekedia.
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Grand Masters of Branding And How Hero Become #1 Beer in Southeast Nigeria [video]
Brand engineering and how Hero lager beer* became the #1 beer brand in Southeast Nigeria. This hours-long lecture on consumer branding and marketing in Tekedia Mini-MBA has shaped how I see mechanics of branding even for non-drinkers like yours truly. As our faculty taught, it was like an economic transfiguration on what brand masters do. […] The post Grand Masters of Branding And How Hero Become #1 Beer in Southeast Nigeria [video] appeared first on Tekedia.
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Solana Has Tightened Its Validator Strategy to Boost Network Efficiency and Decentralization
Solana Foundation has tightened its validator strategy to boost network decentralization and reduce dependency on its support. As of April 2025, the Foundation implemented a policy where, for every new validator added to its Delegation Program (SFDP), three existing validators are removed if they meet specific criteria: they’ve been in the program for over 18 […] The post Solana Has Tightened Its Validator Strategy to Boost Network Efficiency and Decentralization appeared first on Tekedia.
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