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Thursday, 11 September
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Top News

Nvidia-backed AI startup Perplexity secures $200 million in new funding at a $20 billion valuation, strengthening its position in the AI browser market against rivals like OpenAI.Perplexity Finalizes $20 Billion Valuation with $200 Million Funding Round
Licence terms should be at least 15 years, with modest reserve prices, and spectrum set-asides should be avoided in favour of sharing models like leasing.Cool Ideas Launches 5G Fixed Wireless to Expand High-Speed Internet Access in South Africa
Onafriq partners with Visa to launch Visa Pay in the Democratic Republic of Congo, bridging mobile money wallets with digital payments and boosting financial inclusion.Onafriq and Visa Launch Visa Pay to Bridge Mobile Money and Digital Payments in DRC
OpenAI has signed a record $300 billion cloud contract with Oracle, fueling AI infrastructure growth and propelling Larry Ellison past Elon Musk as the world’s richest person.OpenAI Signs $300 Billion Cloud Deal with Oracle as Larry Ellison Becomes World’s Richest Man
The Realme 12 Pro Plus and Redmi Note 13 Pro bring premium design, AMOLED displays, powerful cameras, and fast charging at mid-range prices. Here’s a full comparison to help you choose.Realme 12 Pro Plus vs Redmi Note 13 Pro: Which Mid-Range Phone Should You Buy?
Nvidia-backed AI startup Perplexity secures $200 million in new funding at a $20 billion valuation, strengthening its position in the AI browser market against rivals like OpenAI.Perplexity Finalizes $20 Billion Valuation with $200 Million Funding Round
Licence terms should be at least 15 years, with modest reserve prices, and spectrum set-asides should be avoided in favour of sharing models like leasing.Cool Ideas Launches 5G Fixed Wireless to Expand High-Speed Internet Access in South Africa
Onafriq partners with Visa to launch Visa Pay in the Democratic Republic of Congo, bridging mobile money wallets with digital payments and boosting financial inclusion.Onafriq and Visa Launch Visa Pay to Bridge Mobile Money and Digital Payments in DRC
OpenAI has signed a record $300 billion cloud contract with Oracle, fueling AI infrastructure growth and propelling Larry Ellison past Elon Musk as the world’s richest person.OpenAI Signs $300 Billion Cloud Deal with Oracle as Larry Ellison Becomes World’s Richest Man
The Realme 12 Pro Plus and Redmi Note 13 Pro bring premium design, AMOLED displays, powerful cameras, and fast charging at mid-range prices. Here’s a full comparison to help you choose.Realme 12 Pro Plus vs Redmi Note 13 Pro: Which Mid-Range Phone Should You Buy?

Crypto

This is a good sign for investors who have lost hope in the market’s trajectory. But caution needs to be applied to avoid an unforeseen loss. Thus, crypto investors are advised to monitor the market closely while it returns to its previously sophisticated ambience.

India Resists Full Crypto Regulation, Citing Systemic Risks: Government Document

India is unlikely to introduce a comprehensive cryptocurrency regulatory framework, opting instead for partial oversight to avoid potential systemic risks, according to a government document…

By: Ovie George

Gemini Raises IPO Price Range, Targets $3 Billion Valuation Amid Crypto Boom

Crypto exchange Gemini, backed by the Winklevoss twins, lifts IPO price range to $24–$26 per share, targeting a $3.08 billion valuation as investor demand for…

By: Ovie George

Conclusion With its $500 million Digital Asset Treasury fund, HashKey Group is setting a new benchmark in Hong Kong’s crypto sector. By focusing on Bitcoin, Ethereum, and Web3 ecosystem projects, the exchange aims to fuel the next wave of digital asset adoption and strengthen its role as a pioneer in the region’s crypto and blockchain landscape.

HashKey to Launch $500 Million Digital Asset Treasury Fund in Hong Kong

Hong Kong’s largest licensed crypto exchange, HashKey, announces a $500 million Digital Asset Treasury fund focusing on Bitcoin, Ethereum, and Web3 ecosystem growth….

By: Ovie George

Chainalysis’ 2025 Global Crypto Adoption Index ranks India first and the U.S. second, while Nigeria falls to sixth amid growing institutional adoption and regulatory shifts.

Nigeria Slips to 6th as India and U.S. Lead in Chainalysis 2025 Global Crypto Adoption Index

Chainalysis’ 2025 Global Crypto Adoption Index ranks India first and the U.S. second, while Nigeria falls to sixth amid growing institutional adoption and regulatory shifts….

By: Emeka Nwachukwu

Conclusion: EU Pushes for Stronger Global Crypto Rules Christine Lagarde’s warning highlights the urgent need for tighter oversight of stablecoins to safeguard Europe’s financial system. By pushing for equivalence regimes and cross-border cooperation, the ECB aims to ensure that both EU and non-EU issuers play by the same rules. As stablecoins grow in adoption, the EU’s stance signals its determination to maintain financial security, investor trust, and the primacy of the euro in the digital economy.

ECB’s Lagarde Calls for Closing Loopholes in EU Stablecoin Regulation

European Central Bank President Christine Lagarde urges EU lawmakers to tighten stablecoin rules, calling for global equivalence standards to prevent financial risks from foreign issuers….

By: Wura Obadare

SEC warns Nigerians against unregistered trading platform CMTrading 

The Securities and Exchange Commission (SEC) has issued a public warning against CMTrading, a cryptocurrency and commodities trading platform, over concerns of fraudulent activities in…

By: IBK SEUN

Regulatory clarity is critical for Nigeria to fully capitalise on its Web3 potential,” the report states. Ultimately, the “Nigeria Web3 Landscape” report concludes that Nigeria’s Web3 ecosystem is on a strong growth trajectory, but its success depends on alignment between regulators, global protocols, and local talent. Hashed Emergent remains bullish on Nigeria, viewing it as a critical hub for Web3 innovation in Africa. The firm’s investment strategy focuses on early-stage founders, offering capital, strategic support, and access to a global network of investors and developers. “Nigeria’s momentum in Web3 adoption will not only shape the future of digital innovation locally but also serve as a catalyst, leapfrogging Africa to the forefront of the global Web3 economy,” Lee said.

Despite global distress, over 80 Nigerian web3 startups have raised $130m – report

Nigeria has solidified its position as Africa’s leading hub for Web3 innovation, with over 80 startups collectively raising $130 million and contributing 4% of the…

By: Emeka Nwachukwu

Chainalysis’ 2025 Global Crypto Adoption Index ranks India first and the U.S. second, while Nigeria falls to sixth amid growing institutional adoption and regulatory shifts.

Despite clampdown, Nigeria emerges 2nd in global crypto adoption – Chainalysis

African countries behind Nigeria in the top 30 are Ethiopia, Kenya, and South Africa…

By: IBK

Tigran Gambaryan has been in detention since February

Tigran Gambaryan: Nigerian authorities drop all charges against Binance executive after 8 months

Tigran Gambaryan has been in detention since February…

By: IBK

‘We witness all-time high Bitcoin trading whenever govt tries to suppress us’ – Nigerian crypto leader

Right from the initial proliferation of Bitcoin, the government has always initiated policies aimed at stifling crypto adoption….

By: IBK

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Feature Posts

Constant tech use can lead to burnout, stress, and social media addiction. Learn how a digital detox can help you regain balance, boost mental health, and improve real-life connections.

Digital Detox: Why Taking a Break From Technology is Essential for Mental Health

Fresh allegations reveal that some NIMC agents in Abuja are charging up to N45,000–N55,000 for illegal NIN date of birth changes, despite the official correction fee being N28,574.

NIMC Agents Accused of Extorting Applicants for NIN Date of Birth Corrections in Abuja

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