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Category: Technology

Suitroh Partners with Banks to Launch X-Inventory, Boost SME Financing and Supply Chain Efficiency
BusinessLocalTechnology

Suitroh Partners with Banks to Launch X-Inventory, Boost SME Financing and Supply Chain Efficiency

Suitroh Nigeria Limited, a fintech-driven logistics company, has unveiled a new digital trade platform called X-Inventory, aimed at improving supply…

byEkeminiAugust 6, 2025August 6, 2025
Nigeria’s New Tax Reforms Aim to Boost Tech Sector but Raise Compliance Concerns
LocalTechnology

Nigeria’s New Tax Reforms Aim to Boost Tech Sector but Raise Compliance Concerns

President Bola Tinubu’s recent endorsement of comprehensive tax reforms signals a significant shift in Nigeria’s economic direction, particularly for the…

byEkeminiAugust 6, 2025August 6, 2025
Inside OpenAI’s Race for the Ultimate AI Agent: Reasoning Models, Reinforcement Learning & the Future of Automation
InternationalTechnology

Inside OpenAI’s Race for the Ultimate AI Agent: Reasoning Models, Reinforcement Learning & the Future of Automation

OpenAI’s quest for general-purpose AI agents began quietly with an internal team called MathGen. Their focus was improving mathematical reasoning…

byEkeminiAugust 4, 2025August 4, 2025
How AI and RegTech Are Transforming Compliance for Nigerian Startups – Expert Insight from Kayode Opeyemi
BusinessLocalTechnology

How AI and RegTech Are Transforming Compliance for Nigerian Startups – Expert Insight from Kayode Opeyemi

As Nigeria’s fintech industry matures, startups are experiencing increasing regulatory scrutiny from agencies like the Central Bank of Nigeria (CBN)…

byEkeminiAugust 4, 2025August 4, 2025
Malaysia Strikes $150 Billion Tech and LNG Deal with U.S. to Ease Tariff Pressure
InternationalTechnology

Malaysia Strikes $150 Billion Tech and LNG Deal with U.S. to Ease Tariff Pressure

Malaysia has agreed to spend up to $150 billion over the next five years on U.S. technology and infrastructure equipment in key…

byEkeminiAugust 4, 2025August 4, 2025
Meta to Invest $72 Billion in 2025 Amid AI Infrastructure Boom
BusinessInternationalinvestmentTechnology

Meta to Invest $72 Billion in 2025 Amid AI Infrastructure Boom

Meta Platforms Inc. announced it will increase its capital expenditure to as much as $72 billion in 2025, driven by…

byEkeminiAugust 1, 2025August 1, 2025
Africa’s Fintech Sector Dominates Startup Funding with $640 Million in H1 2025
BusinessLocalTechnology

Africa’s Fintech Sector Dominates Startup Funding with $640 Million in H1 2025

Africa’s fintech industry reclaimed its position as the continent’s leading startup funding recipient in the first half of 2025, securing…

byEkeminiAugust 1, 2025August 1, 2025
EU Signals Tighter Scrutiny on Big Tech “Acquihire” Deals to Preserve Competition
BusinessInternationalTechnology

EU Signals Tighter Scrutiny on Big Tech “Acquihire” Deals to Preserve Competition

The European Commission is ramping up scrutiny on Big Tech’s “acquihire” practices where companies hire start-ups’ key staff instead of…

byEkeminiAugust 1, 2025August 1, 2025
Microsoft Commits Record $30 Billion to AI and Cloud Growth in Q3 2025
BusinessInternationalTechnology

Microsoft Commits Record $30 Billion to AI and Cloud Growth in Q3 2025

Microsoft has announced a historic $30 billion capital expenditure for Q3 2025, marking its largest quarterly investment to date. This…

byEkeminiJuly 31, 2025July 31, 2025
OpenAI Reaches $12 Billion in Annualized Revenue Amid Rising User Base and Investor Confidence
BusinessInternationalTechnology

OpenAI Reaches $12 Billion in Annualized Revenue Amid Rising User Base and Investor Confidence

OpenAI, the creator of ChatGPT, has seen a major revenue surge in 2025, reaching an estimated $12 billion in annualized…

byEkeminiJuly 31, 2025July 31, 2025
NAICOM Restricts Use of AI, Blockchain in High-Risk Insurance Products
BusinessLocalTechnology

NAICOM Restricts Use of AI, Blockchain in High-Risk Insurance Products

The National Insurance Commission (NAICOM) has introduced new regulatory guidelines that limit the role of standalone Insurtech firms in handling…

byEkeminiJuly 31, 2025July 31, 2025
Microsoft and Meta Stocks Soar on Strong AI-Driven Earnings | Tech Shares Lead Market Rally
BusinessInternationalTechnology

Microsoft and Meta Stocks Soar on Strong AI-Driven Earnings | Tech Shares Lead Market Rally

Tech giants Microsoft and Meta Platforms saw their shares surge in European trading on Thursday following exceptional quarterly earnings released…

byEkeminiJuly 31, 2025July 31, 2025
Fintech Dominates Africa’s Startup Funding in H1 2025, Securing 45% Share
BusinessLocalTechnology

Fintech Dominates Africa’s Startup Funding in H1 2025, Securing 45% Share

Africa’s fintech sector asserted its dominance once again in the first half of 2025, capturing 45% of all disclosed startup…

byEkeminiJuly 30, 2025July 30, 2025
Yahoo Mail introduces $1.99/month 100GB plan
investmentTechnology

Yahoo Mail introduces $1.99/month 100GB plan

Yahoo Mail has announced a significant change to its storage policy, reducing the free email storage allowance from its previous…

byEkeminiJuly 30, 2025July 30, 2025
Petroleumprice.ng Launches Nigeria’s First Verified Digital Marketplace for Downstream Oil Trading
BusinessEnergyLocalTechnology

Petroleumprice.ng Launches Nigeria’s First Verified Digital Marketplace for Downstream Oil Trading

A Nigerian oil and gas tech firm, Petroleumprice.ng, has officially launched a first-of-its-kind digital marketplace tailored to streamline downstream petroleum…

byEkeminiJuly 30, 2025July 30, 2025
Google to Sign EU’s Voluntary AI Code Despite Concerns Over Innovation Risks
InternationalTechnology

Google to Sign EU’s Voluntary AI Code Despite Concerns Over Innovation Risks

Alphabet-owned Google has agreed to sign the European Union’s new voluntary AI Code of Practice, a framework aimed at helping…

byEkeminiJuly 30, 2025July 30, 2025
Nigeria’s AI Future at a Crossroads: Experts Urge Swift Regulation to Unlock Prosperity
LocalTechnology

Nigeria’s AI Future at a Crossroads: Experts Urge Swift Regulation to Unlock Prosperity

As Nigeria rapidly embraces Artificial Intelligence (AI), particularly generative models, experts warn that the country risks falling behind in safety…

byEkeminiJuly 30, 2025July 30, 2025
NCC Leads Push for MVNO Sustainability in Nigeria’s Telecom Sector
BusinessLocalTechnology

NCC Leads Push for MVNO Sustainability in Nigeria’s Telecom Sector

The Nigerian Communications Commission (NCC) is taking a leadership role in promoting the sustainable growth of Mobile Virtual Network Operators…

byEkeminiJuly 30, 2025July 30, 2025
Italy Investigates Meta Over AI Tool Integration in WhatsApp
BusinessInternationalTechnology

Italy Investigates Meta Over AI Tool Integration in WhatsApp

Italy’s antitrust authority has launched a formal investigation into Meta Platforms Inc. over its integration of an artificial intelligence assistant…

byEkeminiJuly 30, 2025July 30, 2025
African Fintechs Dominate H1 2025 Start-Up Funding, Attracting $640M – Fintech Leads with 45% Share
BusinessInternationalTechnology

African Fintechs Dominate H1 2025 Start-Up Funding, Attracting $640M – Fintech Leads with 45% Share

In the first half of 2025, African fintech startups led the continent’s start-up funding landscape, securing approximately $640 million and…

byEkeminiJuly 30, 2025July 30, 2025
Meta’s Bold Superintelligence Gamble Faces Profit Pressure Amid AI Spending Surge
BusinessInternationalTechnology

Meta’s Bold Superintelligence Gamble Faces Profit Pressure Amid AI Spending Surge

Meta Platforms is facing heightened scrutiny as CEO Mark Zuckerberg doubles down on a high-risk, high-cost bet to lead the…

byEkeminiJuly 29, 2025July 29, 2025
Cybercriminals Exploit Google Forms in Sophisticated Crypto Phishing Scam — Kaspersky Warns
InternationalTechnology

Cybercriminals Exploit Google Forms in Sophisticated Crypto Phishing Scam — Kaspersky Warns

Cybercriminals have begun using Google Forms, a trusted Google tool, to launch an elaborate phishing scheme aimed at cryptocurrency holders,…

byEkeminiJuly 29, 2025July 29, 2025
Microsoft Unveils AI-Powered “Copilot Mode” in Edge Browser to Rival Google and OpenAI
InternationalTechnology

Microsoft Unveils AI-Powered “Copilot Mode” in Edge Browser to Rival Google and OpenAI

Microsoft has officially launched a new AI-driven feature called “Copilot Mode” in its Edge browser, aiming to enhance user experience…

byEkeminiJuly 29, 2025July 29, 2025
AI Data Labeling Startup Micro1 Eyes $500M Valuation in Series A Fundraising
BusinessInternationalTechnology

AI Data Labeling Startup Micro1 Eyes $500M Valuation in Series A Fundraising

Micro1, a rising competitor to Scale AI, is reportedly nearing completion of a Series A funding round that would value…

byEkeminiJuly 29, 2025July 29, 2025
Chams Corporation Reports 42% Revenue Surge and Strategic Restructuring for Fintech Growth
BusinessinvestmentLocalTechnology

Chams Corporation Reports 42% Revenue Surge and Strategic Restructuring for Fintech Growth

Chams Holding Company PLC announced a 42% increase in revenue, reaching ₦14.93 billion for the financial year ended 2024. The…

byEkeminiJuly 29, 2025July 29, 2025
OpenAI CEO Raises Alarm Over Lack of Legal Privacy in ChatGPT Conversations
InternationalTechnology

OpenAI CEO Raises Alarm Over Lack of Legal Privacy in ChatGPT Conversations

OpenAI CEO Sam Altman has issued a stark warning that interactions with ChatGPT are not legally protected and could potentially…

byEkeminiJuly 28, 2025July 28, 2025
Chinese AI Firms Unite to Build Homegrown Ecosystem Amid U.S. Export Curbs
InternationalTechnology

Chinese AI Firms Unite to Build Homegrown Ecosystem Amid U.S. Export Curbs

Chinese artificial intelligence companies have formed two new alliances aimed at creating a robust domestic AI ecosystem, reducing reliance on…

byEkeminiJuly 28, 2025July 28, 2025
Fintech Experts Launch Investor‑Link Platform at NFW25
investmentLocalTechnology

Fintech Experts Launch Investor‑Link Platform at NFW25

Fintech experts in Nigeria, through the Fintech Association of Nigeria (Fintech NGR), have developed a dedicated platform under the banner…

byEkeminiJuly 28, 2025July 28, 2025
Cashless Surge: Nigerians Push E-Payments to N317.2 Trillion in Q1 2025
BusinessFinanceLocalTechnology

Cashless Surge: Nigerians Push E-Payments to N317.2 Trillion in Q1 2025

Nigeria’s adoption of digital finance continues to surge as electronic payment transactions rose by 24% year-on-year (YoY) to ₦317.2 trillion…

byEkeminiJuly 28, 2025July 28, 2025
Intel’s Chipmaking Future Hinges on Securing Key Customers for Next-Gen 14A Technology
InternationalTechnology

Intel’s Chipmaking Future Hinges on Securing Key Customers for Next-Gen 14A Technology

Intel has issued a stark warning to investors: without securing large external customers for its next-generation chip manufacturing process known…

byEkeminiJuly 25, 2025July 25, 2025

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