Nigerian Insurers Launch 2025 Innovation Lab to Drive Digital Transformation
The Nigerian Insurers Association (NIA) has launched its 2025 Innovation Lab, a six-week accelerator to drive digital transformation in Nigeria’s insurance sector, focusing on AI, blockchain, eKYC, and customer experience.
Nigeria Leads Africa’s Stablecoin Market with $22 Billion in Transactions
Nigeria leads Africa’s stablecoin market with $22B in transactions, as Yellow Card report highlights their role in trade, FX hedging, and financial inclusion. SEC eyes Naira stablecoin.
Nigerian Startups Raise $4.8 Million in July 2025, Led by Bfree and Moove
Nigerian startups raised $4.8M in July 2025, led by Bfree’s $3M debt financing and Moove’s $500K venture round, with strong activity in energy, fintech, and logistics.
Japan’s JPYC to Launch First Yen-Pegged Stablecoin Backed by JGBs
Japanese startup JPYC will launch the first yen-pegged stablecoin in autumn 2025, backed by savings and government bonds, with plans for global adoption.
Nearly 90% of Video Game Developers Now Use AI Agents, Google Study Reveals
A Google Cloud study finds 87% of videogame developers use AI agents to cut costs and boost creativity, though concerns over jobs and IP remain.
71% of Americans Fear AI Could Permanently Displace Workers
A poll shows 71% of Americans fear AI could permanently displace workers, with concerns also rising over deepfakes, energy use, and military risks.
Nvidia Developing New AI Chip for China Based on Blackwell Architecture
Nvidia is developing a new AI chip for China, the B30A, based on Blackwell architecture. The chip will outperform the H20 but faces U.S. approval hurdles.
Lenovo to Establish Regional Headquarters in Saudi Arabia, Expands Middle East Presence
Lenovo will set up a regional headquarters in Saudi Arabia and build a local factory by 2026 to produce PCs, laptops, smartphones, and servers.
Xiaomi Q2 Revenue Rises 30.5% on Strong Smartphone Shipments
Xiaomi Q2 2025 revenue jumped 30.5% to 116B yuan, driven by strong smartphone sales in Southeast Asia and growing EV deliveries.
OpenAI Launches ChatGPT Go at $4.6 in India, Its Cheapest Subscription Plan Yet
OpenAI launches ChatGPT Go in India at just ₹399 ($4.6) per month, its cheapest plan yet. Discover features, pricing, and why India is key to OpenAI’s growth.
