The first 2x leveraged XRP exchange-traded fund (ETF) debuts in the United States. Launched by Teucrium Investment Advisors, the Teucrium 2x Long Daily XRP ETF (ticker: XXRP) began trading on the NYSE Arca exchange. This ETF aims to deliver twice the daily performance of XRP, the cryptocurrency associated with Ripple, using financial instruments like swaps […] The post First 2x Leveraged XRP ETF Debuts in the United States appeared first on Tekedia.

The world needs markets and a large population is strategic. Many centuries ago, India was the world’s most dominant economy. Then, China came on and ruled the earth economically. In the last 10 centuries, China has run the show at least six times. The Tang dynasty. The Song dynasty. All transformed currency and the core […] The post Nigeria’s Opportunity in the Age of De-globalization appeared first on Tekedia.

By noon on Wednesday, the United States had officially launched its most punishing round of tariffs against Chinese goods, with an unprecedented 104% cumulative duty taking effect. It marks a dramatic escalation in what has become a volatile and ideologically charged trade war, one that economists warn could reshape global commerce for years. U.S. President […] The post Trump Announces 104% Tariff Against China, Deepening Global Economic Concerns As Beijing Vows to “Fight to the Very End” appeared first on Tekedia.

PayTic is part of a quieter infrastructure push: building back-end tools that automate day-to-day operations for banks, card issuers, payment processors, and fintechs.

The G7 Foreign Ministers, representing Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, along with the High Representative of the European Union, issued a joint statement expressing “deep concern” over China’s recent large-scale military drills around Taiwan. They described these actions as “provocative” and noted that the increasingly frequent and destabilizing […] The post The G7’s Express “Deep Concern” Over China’s Military Drills Around Taiwan appeared first on Tekedia.

Recent trends in the German electric vehicle (EV) market show Volkswagen (VW) taking a strong lead while Tesla experiences a decline in sales. In the first quarter of 2025, Volkswagen has emerged as the top-selling electric car brand in Germany, with its vehicles dominating new registration figures. Data from Germany’s Federal Motor Transport Authority (KBA) […] The post Dominance of Volkswagen (VW) in the German EV Market and Tesla’s Declining Sales Carry Significant Implications appeared first on Tekedia.

Clothing oneself is as essential as food for sustaining the body and prolonging life. However, clothing production is typically divided into two categories: fast fashion and sustainable fashion. Fast fashion involves the use of materials that are not environmentally friendly, along with consumers’ irresponsible use and disposal of clothing. In contrast, sustainable fashion prioritizes eco-friendly […] The post UK MARKET: How Personal Values Shape Our Views on Fast Fashion and Sustainability appeared first on Tekedia.

INFINIX NOTE 50 SERIES: REDEFINING MID-RANGE SMARTPHONES WITH PREMIUM DESIGN In a market where mid-range smartphones often compromise on materials and design, the Infinix Note 50 Series emerges… TechCity

In today’s edition: MTN Group says it wants to build a complementary streaming service, not compete with Netflix || President Trump cuts USADF funding for African SMEs || Nigerian banks invest big billions on IT upgrades

The European Union, led by European Commission President Ursula von der Leyen, offered the United States a “zero-for-zero” tariff deal on industrial goods. This proposal aims to eliminate tariffs on items like cars, chemicals, pharmaceuticals, rubber, plastic machinery, and other industrial products, mirroring agreements the EU has successfully implemented with other trading partners. The offer […] The post Exploring the European Union’s Zero-For-Zero Tariffs Offers to the U.S. appeared first on Tekedia.

Hong Kong’s Hang Seng Index plummeted by 13.2% on April 7, 2025, marking its worst single day drop since the 1997 Asian financial crisis. The index closed at 19,828.30, shedding 3,021.51 points, as a wave of panic selling gripped the market. This steep decline erased significant market capitalization and reflected a broader collapse in investor […] The post Plunge of Hong Kong’s Hang Seng Index Marks A Turning-Point on Tariff Tussles appeared first on Tekedia.

Nigeria’s long-standing import ban on 25 product categories has drawn fresh criticism from the United States, which accuses Africa’s largest economy of erecting unfair barriers that hurt American exporters. The U.S. Trade Representative (USTR), in its latest annual report on foreign trade barriers, listed Nigeria among the top ten nations whose trade practices are costing […] The post U.S. Slams Nigeria’s Import Ban After 14% Tariff: Says It Creates Trade Barrier, Revenue Loss for U.S. Businesses appeared first on Tekedia.

The Nikkei 225 index has experienced a significant drop recently. On April 7, 2025, reports indicated that it fell nearly 8% in early trading, reaching its lowest level since October 2023. This sharp decline was part of a broader global market reaction, largely triggered by concerns over U.S. tariff hikes and fears of a potential […] The post Factors Fuelling Nikkei 225 Index Decline appeared first on Tekedia.

Vaping has changed how many people enjoy nicotine and flavours, offering a chance to explore many different tastes and experiences. Each bottle of vape juice is more than just a mix of propylene glycol and vegetable glycerin; it opens the door to various flavours that can excite your taste buds and improve your vaping experience. […] The post How to Choose the Right Vape Juice Flavours            appeared first on Tekedia.

Apple is reportedly ramping up shipments of India-made iPhones to the United States, a major strategic shift aimed at softening the blow of sweeping new tariffs imposed by the Trump administration on goods from China. The move marks a significant pivot for the company, which has long depended on China as the center of its […] The post Apple Leans on India to Sidestep Trump Tariffs on China-made Goods as U.S. Consumers Brace for iPhone Price Shock appeared first on Tekedia.

Billionaire hedge fund manager Bill Ackman has put forward what he calls a more practical and strategic alternative to the Trump administration’s sweeping tariff policy, warning that the current path could drag the global economy into a “self-induced, economic nuclear winter.” In a lengthy social media post titled “How’s this for a simple approach?”, the […] The post 90-Day Pause and Trade Rethink: Bill Ackman Proposes Alternate Approach to Trump’s Tariffs appeared first on Tekedia.

Nigeria faces a double whammy: potential oil crash, and insecurity which has cut-off most activities in the rural areas. These two vectors could potentially expire the 2025 budget and soon-to-be crafted 2026 budget even before they go mainstream. If oil price crashes, and people cannot even enter farms due to insecurity, what next? We’re getting […] The post The Nigeria’s Double Whammy And Need for Urgency appeared first on Tekedia.

The prospect of global oil prices tumbling to below $40 per barrel has triggered alarm far beyond Wall Street, with fresh fears mounting in Nigeria over the fate of its fragile economy. In a Monday note that underscores the vulnerability of oil-dependent nations, analysts at Goldman Sachs warned that Brent crude — the international benchmark, […] The post Goldman Sachs Warns Oil Could Sink Below $40 — Nigeria Faces Renewed Budget & Economic Crisis appeared first on Tekedia.

In a landmark step toward expanding its access to global capital, the African Export-Import Bank (Afreximbank) has raised $299.90 million (2.2 billion renminbi) through its debut Chinese Panda bond issuance, becoming the first African multilateral financial institution, and only the second African entity, to tap into China’s onshore bond market. Issued with an interest rate […] The post Afreximbank Breaks New Ground with $299.9m Chinese Panda Bond, Opens Door for African Issuers appeared first on Tekedia.

U.S. Treasury Secretary Scott Bessent on Tuesday declared the United States holds a clear advantage in the increasingly fraught trade dispute with China, brushing off Beijing’s retaliation and portraying the latest escalation as a bluff in a game it cannot win. “I think it was a big mistake, this Chinese escalation, because they’re playing with […] The post U.S. Treasury Secretary Bessent Says China Has More to Lose As Tariff War Escalates, Investors Disagree appeared first on Tekedia.

The U.S. oil market staggered on Monday as West Texas Intermediate (WTI) briefly plunged below $60 per barrel, a psychologically and economically critical threshold for American producers. It marked the first time in four years, since the peak of the pandemic in April 2021 that prices slipped this low. Though the market clawed back some […] The post Crude Oil Crash Sparks Panic in U.S. Market, Spells Trouble for Nigeria’s Fragile 2025 Budget appeared first on Tekedia.

On 7 May 2025, the continent’s most influential cybersecurity event for financial services returns to Sandton, Johannesburg. The BFSI Security Summit – Radisson Blu Gautrain 2025, themed “Fortifying BFSI: Cybersecurity Across Africa’s Financial Future”, is a must-attend for leaders in banking, insurance, and fintech. With Africa’s financial sector rapidly digitizing, BFSI institutions face a perfect […]

GiG claims it is changing how event ticketing in Kenya by transforming one-time ticket purchases into lasting communities.

In recent years, South Africa’s payment ecosystem has experienced a drastic shift. The landscape is more dynamic, more complex, and, most importantly, more interconnected than ever before. As a result, our financial system has seen significant changes aimed at enhancing financial inclusion, lowering payment costs, and improving accessibility. But with these advancements, we must also […]

The global mobile money industry reached major milestones in 2024, exceeding two billion registered accounts and over 500 million active monthly users for the first time. This rapid growth, highlighted in the State of the Industry Report on Mobile Money 2025 by the GSMA, underscores the technology’s pivotal role in expanding financial inclusion across underserved […]

South African digital payments gateway, Peach Payments, has announced the acquisition of PayDunya, a West African payment platform, marking its first entry into Francophone Africa. This move follows Peach Payments’ earlier expansions into Eswatini (2024), Mauritius (2021), and Kenya (2018). The digital payments gateway, known for enabling online payments for businesses of all sizes across […] The post South African Payments Gateway Peach Payments, Acquires PayDunya Expanding Into Francophone Africa appeared first on Tekedia.

Artificial Intelligence is in a strange spot. With the explosion of AI tools and applications, we find ourselves teetering between two inseparable yet intertwined paths – the promise of extraordinary capability, and the peril of unmitigated risk. This precarious balance gives rise to the question: Are we building something truly enduring, or are we rushing […]

Due to volatility in the cryptocurrency market in 2025, Ripple and Rexas Finance have emerged as potential titans. While the market is anticipating a breakout surge from XRP, Dogecoin looks weak and shows signs of struggle. Let’s take a closer look at these tokens. XRP Showing Overwhelming Bullish Signals and Breakouts Analysts such as Ali […] The post Ripple (XRP) and Rexas Finance (RXS) Heat Up, While Dogecoin (DOGE) Might Experience a Slow Q2 2025 appeared first on Tekedia.

Siemens Digital Industries Software has completed the acquisition of DownStream Technologies, a prominent provider of PCB manufacturing data preparation solutions. The move broadens Siemens’ offerings in the small and medium-sized business (SMB) electronics market, enhancing its end-to-end capabilities from design through to manufacturing readiness. “This acquisition marks a key milestone for Siemens EDA in serving […]

The cuts, announced by the Department of Government Efficiency (DOGE)–a temporary agency created by President Donald Trump and led by Elon Musk–will leave dozens of initiatives without funding, including $48,406 for a WhatsApp marketing chatbot for small businesses in Kenya and a $84,059 for a wellness incubator in Nigeria.

The STABLE Act, formally known as the Stablecoin Transparency and Accountability for a Better Ledger Economy Act, advanced through the U.S. House Financial Services Committee with a 32-17 vote on April 2, 2025. This bipartisan support included six Democrats voting in favor alongside Republicans. The bill, introduced by Representatives French Hill and Bryan Steil, aims […] The post A Foray Into the STABLE and GENUIS Acts Advancing in the U.S. House/Senate appeared first on Tekedia.

In today’s hyper-connected digital ecosystem, communication is no longer just about exchanging information — it’s about making an impact. Businesses operate in a world overflowing with data, content, and constant notifications. Amidst this noise, getting your message across clearly and memorably is a challenge. Whether you’re a startup pitching to investors, a corporate team sharing […] The post How Visual Storytelling Enhances Business Communication in the Digital Age appeared first on Tekedia.

A legend departs from the solid bounds of the earth to the ecclesiastical heaven where cymbals, tapestries and flutes, with cherubic melodies welcome a man who raised a generation of young people, pushing them into the path of prosperity and abundance. In November 2023, a phone rang, and I picked it. And from the other […] The post Pascal Dozie: A Banking Legend Departs appeared first on Tekedia.

Gemini’s Live Camera and Screenshare Features Are Rolling Out on Pixel 9 and Galaxy S25 Google is expanding the capabilities of its Gemini Live AI assistant with real-time camera and screenshare features. These… TechCity

MTN Group has partnered with Synamedia, a global video software provider, to roll out a new streaming service tailored to mobile and broadband users across Africa. It’s a move that aims to drive digital inclusion and enhance content accessibility.

Alabama has introduced legislation to allow state investment in Bitcoin. In March 2025, House Bill 482 (HB482) was introduced in the Alabama House of Representatives, followed by its companion, Senate Bill 283 (SB283), filed in early April 2025 by Senator April Weaver. These bills propose that the Alabama State Treasurer be permitted to invest up […] The post Exploring Alabama’s Legislation on Bitcoin Investments appeared first on Tekedia.