Starlink Launches in Bangladesh, Offering High-Speed Satellite Internet Nationwide
SpaceX’s satellite internet service, Starlink, has officially launched in Bangladesh, marking a major milestone in the country’s push for reliable and uninterrupted internet access. The service, owned by tech billionaire Elon Musk, is now available nationwide, aiming to bridge connectivity gaps, especially during times of political unrest
SeedFi and Winich Farms Launch Produce-Backed Loans to Boost Farmers’ Access to Credit
SeedFi has teamed up with agri-tech company Winich Farms to introduce a new produce-collateralised loan initiative aimed at empowering Nigerian farmers. The innovative financial solution allows farmers to use their stored agricultural produce as collateral to access flexible loans, effectively breaking down traditional barriers to credit.
Apex Group Appoints Tom Bennett as Global Head of Fintech to Drive Digital Strategy
Apex Group, a global financial services provider with approximately $3.1 trillion in assets under management (AUM), has named Tom Bennett as its new global head of fintech. Bennett will oversee the firm’s fintech strategy, focusing on expanding digital capabilities across private markets, capital markets, and digital assets.
Honda Scales Back EV Investment to Focus on Hybrids Amid Slowing Demand
Honda Motor, Japan’s second-largest automaker after Toyota, is shifting its strategic focus from electric vehicles (EVs) to hybrid models as global demand for EVs slows. On Tuesday, the company announced it would reduce its planned investment in electrification and software by 30%, cutting the budget to 7 trillion yen ($48.4 billion) by the 2030 fiscal year.
Nike Lays Off Employees in Tech Division Amid Restructuring Efforts
Nike Lays Off Employees in Tech Division Amid Restructuring Efforts
JPMorgan, Ukraine, and Institutional Strategy Fuel Bitcoin’s Surge Near Record High
Bitcoin is approaching its all-time high as institutional interest and geopolitical developments drive renewed momentum. The cryptocurrency market saw a boost following major announcements from JPMorgan Chase, MicroStrategy, and other global players.
Nigeria, BAIC Motor Discuss Battery Swap Technology to Advance Clean Energy and E-Mobility
The Federal Government of Nigeria has initiated talks with BAIC Motor Corporation Limited, a leading Chinese automaker, to explore the integration of battery swap technology into Nigeria’s energy and transportation sectors. This effort is part of Nigeria’s broader plan to accelerate its sustainable energy transition under the Renewed Hope Agenda, which focuses on economic growth, environmental responsibility, and innovation..
MicroStrategy Buys 7,390 Bitcoin Worth $764.9 Million Amid Growing Institutional Adoption
MicroStrategy, a top business intelligence company, has further deepened its commitment to Bitcoin by acquiring an additional 7,390 BTC between May 12 and May 18, 2025. The acquisition, valued at approximately $764.9 million, was made at an average purchase price of $103,498 per Bitcoin, according to the latest company disclosure.
How Artificial Intelligence Can Revolutionize Agriculture in Nigeria – Expert Insight
Artificial intelligence (AI) has the potential to revolutionise Nigeria’s agricultural sector by improving crop yields and minimising losses, according to Chioma Okoro, chief operating officer (COO) of Wootlab Innovations. In a recent interview with the News Agency of Nigeria (NAN) in Abuja, Okoro discussed the critical role AI can play in transforming farming practices across the country.
