Naija News Feed
Technology
BYD’s July EV Sales Hit 2026 High as Overseas Demand Offsets Weak China Market
Chinese electric vehicle giant BYD delivered its strongest monthly sales performance of 2026 in July, with surging overseas demand helping offset continued weakness in its home market as the company gradually emerges from production disruptions that weighed on deliveries earlier this year. BYD sold 419,211 new energy vehicles (NEVs) in July, a 21.76% increase from […] The post BYD’s July EV Sales Hit 2026 High as Overseas Demand Offsets Weak China Market appeared first on Tekedia.
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AMD Raises AI Accelerator Market Forecast to $1.4 Trillion as Investors Brace for Market Swings
At the Advancing AI event, AMD Chief Executive Lisa Su presented one of the most ambitious forecasts yet for the artificial intelligence industry. She projected that the total addressable market (TAM) for AI accelerators could reach an astonishing $1.4 trillion by 2030, while the market for server CPUs would exceed $200 billion. The projections were […] The post AMD Raises AI Accelerator Market Forecast to $1.4 Trillion as Investors Brace for Market Swings appeared first on Tekedia.
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Bitcoin Falls Back Under $63,000 as $125 Million Gets Liquidated in One Hour
Bitcoin has slipped below $63,000, triggering roughly $125 million in liquidations across the crypto market in a 60-minute window. The move was captured in real time by market-tracking accounts, with price charts showing a sharp red candle that briefly pushed Bitcoin down to the mid-$62,000 range. The sudden drop reflects ongoing volatility that has kept […] The post Bitcoin Falls Back Under $63,000 as $125 Million Gets Liquidated in One Hour appeared first on Tekedia.
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Google, AI, and the New Battle for Internet Discovery
For more than two decades, Google defended its dominance with one central argument: users chose Google because it offered the best search experience. Every antitrust challenge, every criticism of its market power, and every accusation of monopolistic behavior was met with the same response—competition was only a click away. If another search engine was better, […] The post Google, AI, and the New Battle for Internet Discovery appeared first on Tekedia.
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What an Old MTN SIM Pack Reveals About New Rules of Brand Communication
When MTN recently shared a picture of one of its earliest Nigerian starter packs on Facebook with the simple caption, “We’ve come a long way,” it was not advertising a product. It was reminding millions of Nigerians about a shared past. The yellow package, once an ordinary container for a SIM card, suddenly became something […] The post What an Old MTN SIM Pack Reveals About New Rules of Brand Communication appeared first on Tekedia.
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Nvidia and Tesla Sell-Off Tests the AI Trade as Blockchain Fundamentals Remain a Long-Term Institutional Catalyst
The artificial intelligence investment narrative is facing one of its toughest stress tests in recent months. Nvidia (NVDA), widely regarded as the backbone of the AI revolution, fell 10.4%. While Tesla (TSLA) declined an even steeper 16.4%. The sharp losses have reignited concerns that the technology sector’s extraordinary rally may be entering a period of […] The post Nvidia and Tesla Sell-Off Tests the AI Trade as Blockchain Fundamentals Remain a Long-Term Institutional Catalyst appeared first on Tekedia.
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Weekly Market Recap: US-Iran Conflict, Bitcoin Decline, Oil Rally, and Equity Sell-Off
The market landscape underwent a sharp reversal over the past week as geopolitical tensions and macroeconomic uncertainty combined to trigger a broad risk-off move across global financial markets. After several weeks of relative stability, investor sentiment deteriorated rapidly following a dramatic escalation in the conflict between the United States and Iran. A surprise missile attack […] The post Weekly Market Recap: US-Iran Conflict, Bitcoin Decline, Oil Rally, and Equity Sell-Off appeared first on Tekedia.
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Border Wars, Broken Beats: How Africa’s Diplomatic Failures are Crushing the Creative Economy
The highly anticipated headline performance by South African superstar Tyla in Lagos has been abruptly wiped from her world tour itinerary. This came on the heels of intense social media backlash and threats of physical boycotts from Nigerian fans. The controversy erupted right as a quiet diplomatic row leaked to the public: West African phenom […] The post Border Wars, Broken Beats: How Africa’s Diplomatic Failures are Crushing the Creative Economy appeared first on Tekedia.
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Why the Senate’s Crypto Bill Delay Could Reshape the U.S. Digital Asset Industry
The momentum behind comprehensive U.S. cryptocurrency regulation has suffered another setback after Senate Majority Leader John Thune declined to schedule a floor vote on a major crypto bill, leaving the legislation stalled until at least September. The delay has fueled concerns across the digital asset industry that the window for passing meaningful legislation in 2026 […] The post Why the Senate’s Crypto Bill Delay Could Reshape the U.S. Digital Asset Industry appeared first on Tekedia.
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From What AI Can Do to How AI Should Be Governed
For much of the past decade, the global conversation about artificial intelligence has been driven by one central question: What can AI do? The answers have been impressive. AI can generate content, analyse vast datasets, detect fraud, assist doctors, automate customer service, screen job applications, accelerate legal research, and even support scientific discovery. Every week […] The post From What AI Can Do to How AI Should Be Governed appeared first on Tekedia.
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Japan Positions Itself as a Global Crypto Hub with Sweeping Regulatory Changes
Japan’s decision to reclassify cryptocurrencies as regulated financial products marks one of the most significant policy shifts in the global digital asset industry. The move signals that the country is transitioning from treating cryptocurrencies as largely speculative assets to recognizing them as legitimate financial instruments subject to the same regulatory standards that govern traditional securities. […] The post Japan Positions Itself as a Global Crypto Hub with Sweeping Regulatory Changes appeared first on Tekedia.
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Top Crypto Gainers Exposed: Can BlockDAG Outshine Ethereum, BNB, and Solana in Today’s Massive Market Shakeup?
Digital asset markets continue to evolve rapidly, driving investor focus toward established networks and emerging infrastructure projects alike. Traditional market heavyweights like Ethereum, BNB, and Solana maintain foundational roles across decentralized finance, exchange ecosystems, and high-frequency trading applications. Meanwhile, major operational milestones, scalable network upgrades, and rapidly expanding ecosystem activities place BlockDAG under serious consideration […] The post Top Crypto Gainers Exposed: Can BlockDAG Outshine Ethereum, BNB, and Solana in Today’s Massive Market Shakeup? appeared first on Tekedia.
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Ethereum ETFs Overtake Bitcoin ETFs in July Inflows as Institutional Investors Rotate Capital
The latest U.S. spot crypto ETF flows suggest that investors are not abandoning digital assets but are instead reshuffling capital within the market. While Bitcoin remains the largest and most established cryptocurrency. July marked a notable shift in institutional preferences as U.S. spot Ether exchange-traded funds (ETFs) attracted $337.7 million in net inflows, comfortably surpassing […] The post Ethereum ETFs Overtake Bitcoin ETFs in July Inflows as Institutional Investors Rotate Capital appeared first on Tekedia.
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How Timing and Conviction Shaped Diverging Crypto Fortunes
The cryptocurrency market has always rewarded conviction, but it also punishes poor timing. Two whale wallets highlighted by on-chain analytics platform Lookonchain demonstrate how vastly different investment outcomes can emerge even among investors with the patience and capital to weather market volatility. While one whale turned strategic accumulation into millions in unrealized gains, another endured […] The post How Timing and Conviction Shaped Diverging Crypto Fortunes appeared first on Tekedia.
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BoJ Holds Interest Rates at 1% as Japan’s Yen Intervention Loses Momentum
The Bank of Japan has opted to keep its benchmark interest rate unchanged at 1%, signaling a cautious approach as policymakers continue to navigate a complex economic environment. The decision comes amid slowing inflationary pressures, lingering global uncertainties, and renewed weakness in the Japanese yen. Although Japanese authorities have previously intervened in currency markets to […] The post BoJ Holds Interest Rates at 1% as Japan’s Yen Intervention Loses Momentum appeared first on Tekedia.
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Stablecoin Payments Enter a New Era as Financial Giants Compete for Customer Ownership
Stablecoins have evolved from a niche cryptocurrency innovation into one of the fastest-growing payment technologies in global finance. With daily transaction volumes now reaching approximately $195.6 billion. These digital assets are reshaping how money moves across borders, between businesses, and within consumer payment ecosystems. Their rapid adoption has sparked intense competition among payment networks, fintech […] The post Stablecoin Payments Enter a New Era as Financial Giants Compete for Customer Ownership appeared first on Tekedia.
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Coinbase Shares Fall After Third Straight Quarterly Loss As Crypto Slump Persists, But Analysts See Stronger Long-Term Fundamentals
Shares of Coinbase Global fell 5.6% in premarket trading on Friday after the cryptocurrency exchange reported its third consecutive quarterly loss, highlighting the pressure that prolonged weakness in digital asset markets continues to exert on one of the industry’s largest trading platforms. The results come at a time when the cryptocurrency market is grappling with […] The post Coinbase Shares Fall After Third Straight Quarterly Loss As Crypto Slump Persists, But Analysts See Stronger Long-Term Fundamentals appeared first on Tekedia.
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MTN Nigeria Posts Record N1.09tn Pre-Tax Profit as Data Boom, Lower Debt And Stronger Cash Flow Drive Stellar H1 Earnings
MTN Nigeria Communications Plc delivered its strongest half-year financial performance on record, posting a profit before tax of N1.09 trillion for the six months ended June 30, 2026, as surging demand for data services, improved operating efficiency, lower finance costs and sustained subscriber growth powered earnings. The telecommunications giant reported a 75.4% year-on-year increase in […] The post MTN Nigeria Posts Record N1.09tn Pre-Tax Profit as Data Boom, Lower Debt And Stronger Cash Flow Drive Stellar H1 Earnings appeared first on Tekedia.
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Analysis: Trump’s Financial Disclosure Sheds New Light on Banks Managing His Investment Portfolio, While Raising Governance Questions
President Donald Trump’s 2025 annual financial disclosure has provided the clearest picture yet of the financial institutions connected to his personal investment portfolio, revealing relationships with several of Wall Street’s biggest firms while highlighting the governance and compliance challenges of managing the wealth of a sitting U.S. president. A CNBC analysis of Trump’s filing with […] The post Analysis: Trump’s Financial Disclosure Sheds New Light on Banks Managing His Investment Portfolio, While Raising Governance Questions appeared first on Tekedia.
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Brookfield Explores $5bn Sale of NorthRiver Midstream as Investor Appetite for Energy Infrastructure Grows
Brookfield Infrastructure is exploring the potential sale of NorthRiver Midstream in a transaction that could value the Canadian natural gas pipeline and processing operator at approximately C$7 billion ($5 billion), as surging investor demand for energy infrastructure continues to drive dealmaking across North America. According to sources cited by Reuters, the infrastructure investment giant has […] The post Brookfield Explores $5bn Sale of NorthRiver Midstream as Investor Appetite for Energy Infrastructure Grows appeared first on Tekedia.
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China Tightens Exit Controls, Can Bar Citizens from Leaving Over Technology Security Risks
China has unveiled sweeping new exit-and-entry regulations that will allow authorities to prevent citizens from leaving the country if they are deemed a potential threat to national technology security. The new rules underline Beijing’s aggressive efforts to safeguard strategic technologies, intellectual property and high-value talent amid intensifying geopolitical competition. The regulations, published Friday by the […] The post China Tightens Exit Controls, Can Bar Citizens from Leaving Over Technology Security Risks appeared first on Tekedia.
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Happy Girlfriend Day
Happy Girlfriend Day is a wonderful opportunity to celebrate the special woman who brings love, happiness, and support into your life. Observed every year on August 1, this unofficial celebration has become increasingly popular around the world as couples take time to appreciate their relationships. Whether you’ve been dating for a few months or have […]
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Digital Nomads: How a Nigerian tutor relocated to Thailand on a $500 visa
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Download Access SME App by Access Bank & Efficiently Manage Your Business On The Go
Access SME App is a mobile application from Access Bank Plc that combines digital banking with smart business management tools in one platform. Built specifically for Small and Medium-sized Enterprises (SMEs), the app helps business owners manage finances, monitor inventory, track sales, oversee staff activities, and access banking services from anywhere. Unlike many business management […]
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DStv Stream Subscription: Unlock Unlimited Entertainment Anywhere, Anytime
DStv Stream Subscription is one of the easiest ways to enjoy live TV, blockbuster movies, premium sports, kids’ shows, documentaries, and local entertainment without installing a decoder or satellite dish. As long as you have a stable internet connection and a compatible device, you can start streaming your favourite content within minutes. Whether you’re always […]
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Big Brother Naija 2026: 24 Housemates, 70 Days of Twists & a Massive ₦160 Million Grand Prize
Big Brother Naija 2026 is finally here, and fans across Nigeria and Africa are in for another thrilling season packed with drama, entertainment, strategy, friendships, rivalries, and unforgettable moments. Tagged “Show Ya Sef,” Season 11 promises to be the biggest edition of the reality TV show yet. This year’s competition features 24 carefully selected housemates […]
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How To Vote In Big Brother Naija and Save Your Favourite Housemate
Knowing exactly how to vote in Big Brother Naija is crucial if you want to keep your favorite housemates in the bbnaija house. If you’re a fan of Big Brother Naija (BBNaija), then voting is one of the most exciting ways to support your favourite housemate. Every week, viewers across Africa rally behind their preferred […]
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South Africa’s Nedbank taps MTN executive to lead technology transformation
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Saviynt Exceeds $300 Million in ARR and Launches Zuma the Enterprise AI Identity Security Platform
Saviynt, a leading provider of identity security solutions, announced significant business momentum, surpassing $300 million in annual recurring revenue while growing bookings by more than 80% and maintaining a leading 96% customer retention rate. It also launched Zuma, a complete AI identity security platform that provides organizations with an innovative, agile, and effective solution to adopt, […]
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Empowering the Future: How the Oprah Winfrey Leadership Academy for Girls Is Expanding Its Phenomenal Impact
Oprah Winfrey Leadership Academy for Girls (OWLAG) is embarking on a monumental new chapter to redefine educational empowerment in South Africa. After two decades of transforming lives and graduating over 1,000 extraordinary young women, the elite institution is strategically transitioning from its flagship residential campus into a nationwide scholarship model designed to double its reach […]
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How PayBox ChatGPT Claude Integration Unleashes Instant, Effortless AI Payments Direct From Your Chat!
Imagine typing a quick prompt to your favorite AI assistant—“Book my flight to London,” “Swap $100 of PYUSD to SOL,” or “Reserve a table for two tonight”—and having the transaction completed in seconds without ever opening another tab or app. This isn’t a distant tech vision for the future. PayBox ChatGPT Claude integration is officially […]
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How China’s Used Car Boom Is Reshaping Ghana’s Import Market
Ghana’s used car market sits at the center of a wider shift in global vehicle trade. For many households and small businesses, imported secondhand vehicles remain the most realistic path to private mobility, commercial transport, and ride-hailing income. At the same time, changing supply patterns in China, tighter import documentation, and Ghana’s own rules on […]
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How two high school sweethearts built an AI company for farmers
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South Africa’s digital future depends on cyber resilience
South Africa’s data centre sector is expanding rapidly. New investment is creating opportunities for economic growth, digital innovation and regional connectivity, while positioning the country as a strategic hub for Africa’s digital economy. The country now hosts nearly half of Africa’s data centre capacity, with the local market projected to grow from US$2.16 billion in […]
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How to Cover a Cash Gap Before Payday
You know the feeling. It’s the Tuesday before payday, the fridge is looking sad, the car needs petrol, and your bank balance has that uncomfortable habit of turning red before the month is even done. This gap between what you owe and what you have — the “cash gap” — is one of the most […]
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Kaspersky uncovers new Mirage Kitten malware used in cyber-espionage campaign
Kaspersky Global Research and Analysis Team (GReAT) has discovered a previously undocumented malware set used by Mirage Kitten APT. The findings were revealed at its annual Kaspersky Cyber Security Weekend for the Middle East, Turkiye and Africa (META). The malicious tools were used in a targeted campaign aimed at maintaining long-term access to victim networks […]
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