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Friday, 19 December
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Top News

SpaceX has reportedly entered a regulatory quiet period, a key signal that the Elon Musk-led company is advancing plans for a potential 2026 IPO that could become the largest in history.SpaceX Enters IPO Quiet Period, Fueling Expectations of Landmark 2026 Public Listing
Nigeria’s National Identification Number enrolments climbed to 123.9 million in October 2025, NIMC data shows, as Lagos and Kano remain the leading states amid efforts to reach 95% national coverage.Nigeria’s NIN Database Grows to 123.9 Million Registrations as Lagos, Kano Top List
Nigeria Expands National Digital Skills Efforts Nigeria’s digital skills ecosystem has expanded significantly in 2025, with multiple federal initiatives aimed at preparing citizens for future jobs. Recently, the Federal Ministry of Education partnered with Amazon Web Services to roll out free digital skills training for students and educators across tertiary institutions. The programme focuses on cloud computing, artificial intelligence, and machine learning and is already active in more than 40 universities and polytechnics nationwide.Microsoft, FG Digital Skills Partnership Trains Over Four Million Nigerians Since 2021
Starlink, a satellite internet service by SpaceX, has announced a price reduction for its hardware in Nigeria. The cost of the Starlink kit, essential for accessing the service, has been slashed by 21%, dropping from ₦378,000 to ₦299,000, effective this October.Airtel Africa Signs SpaceX Deal to Deploy Starlink Direct-to-Cell Services in 14 African Countries
FCMB’s digital business—spanning lending, payments, and wealth management—rose 54% year-on-year to N113.6 billion in its 2025 nine-month results, driven by higher digital adoption, strong loan disbursements, and its proprietary core banking platform.FCMB’s Digital Business Grows 54% YoY, Delivers N113.6 Billion in 2025 Nine-Month Earnings
SpaceX has reportedly entered a regulatory quiet period, a key signal that the Elon Musk-led company is advancing plans for a potential 2026 IPO that could become the largest in history.SpaceX Enters IPO Quiet Period, Fueling Expectations of Landmark 2026 Public Listing
Nigeria’s National Identification Number enrolments climbed to 123.9 million in October 2025, NIMC data shows, as Lagos and Kano remain the leading states amid efforts to reach 95% national coverage.Nigeria’s NIN Database Grows to 123.9 Million Registrations as Lagos, Kano Top List
Nigeria Expands National Digital Skills Efforts Nigeria’s digital skills ecosystem has expanded significantly in 2025, with multiple federal initiatives aimed at preparing citizens for future jobs. Recently, the Federal Ministry of Education partnered with Amazon Web Services to roll out free digital skills training for students and educators across tertiary institutions. The programme focuses on cloud computing, artificial intelligence, and machine learning and is already active in more than 40 universities and polytechnics nationwide.Microsoft, FG Digital Skills Partnership Trains Over Four Million Nigerians Since 2021
Starlink, a satellite internet service by SpaceX, has announced a price reduction for its hardware in Nigeria. The cost of the Starlink kit, essential for accessing the service, has been slashed by 21%, dropping from ₦378,000 to ₦299,000, effective this October.Airtel Africa Signs SpaceX Deal to Deploy Starlink Direct-to-Cell Services in 14 African Countries
FCMB’s digital business—spanning lending, payments, and wealth management—rose 54% year-on-year to N113.6 billion in its 2025 nine-month results, driven by higher digital adoption, strong loan disbursements, and its proprietary core banking platform.FCMB’s Digital Business Grows 54% YoY, Delivers N113.6 Billion in 2025 Nine-Month Earnings

Industry Analysis

A new Omdia report shows Nigeria’s smartphone shipments jumped 29% in Q3 2025, driven by Naira stability, increased imports, and stronger demand for sub-$150 devices. Africa also saw a major rebound in smartphone sales.

Nigeria Records 29% Smartphone Shipment Growth in Q3 2025 as Stable Naira Boosts Demand — Omdia

A new Omdia report shows Nigeria’s smartphone shipments jumped 29% in Q3 2025, driven by Naira stability, increased imports, and stronger demand for sub-$150 devices….

By: Emeka Nwachukwu

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.

Nigeria’s 5G Adoption Stalls at 3% as High Costs and Infrastructure Gaps Slow Progress — NCC, GSMA

Despite major investments by telecom operators, only 3% of Nigerian internet users are on 5G. NCC and GSMA data reveal affordability barriers, infrastructure challenges, and…

By: Wura Obadare

Several investors and venture capitalists are still showing significant interest in the African continent

Africa’s AI Funding Slumps to $14 Million in Q3 2025 as Global Investment Surges

AI startups in Africa raised just $14 million in Q3 2025—only 0.03% of global investment. Discover why the continent lags behind, how other regions are…

By: Ovie George

Nigeria’s inflation eased to 16.05% in October 2025, offering fintech companies new opportunities in payments, microloans, and savings solutions. Explore how regional variations and consumer confidence could shape digital finance growth.

Nigeria’s Inflation Falls to 16.05%: What It Means for Fintech Growth

Nigeria’s inflation eased to 16.05% in October 2025, offering fintech companies new opportunities in payments, microloans, and savings solutions. Explore how regional variations and consumer…

By: Ovie George

African startups secured $441.9 million in October 2025, a 217% jump from September. Mega-rounds, securitization deals, and strong fintech and clean energy investments drove the rebound across Nigeria, Kenya, Egypt, and South Africa.

African Startups Raised $441.9 Million in October 2025, Recording a 217% Funding Surge

African startups secured $441.9 million in October 2025, a 217% jump from September. Mega-rounds, securitization deals, and strong fintech and clean energy investments drove the…

By: Ovie George

Nigeria’s telecom operators cut 383 jobs in 2024 as operating expenses rose 85% to N5.85 trillion. NCC reports subscriber losses, rising CAPEX, and continued pressures from energy costs, inflation, and multiple taxes.

Telecom Operators Cut 383 Jobs as Operating Costs Surge 85% in Nigeria – NCC Report

Nigeria’s telecom operators cut 383 jobs in 2024 as operating expenses rose 85% to N5.85 trillion. NCC reports subscriber losses, rising CAPEX, and continued pressures…

By: Wura Obadare

Nigeria’s national ID verification system has suddenly changed as the NIMC MWS portal goes offline and its mobile app disappears, raising concerns over transparency, disruptions to banks and telecoms, and unanswered questions about the new NINAuth platform.

Nigeria’s ID Verification System Changes Abruptly as NIMC Shuts Down MWS Portal Without Explanation

Nigeria’s national ID verification system has suddenly changed as the NIMC MWS portal goes offline and its mobile app disappears, raising concerns over transparency, disruptions…

By: Wura Obadare

IHS Towers delivered strong Q3 2025 results with revenue up 8.3% to $455.1 million and profits surging to $147.4 million. The company raised its full-year outlook, citing robust demand, improved cash flow, and expansion across key markets.

IHS Towers Reports Strong Q3 2025 Growth, Raises Full-Year Outlook on Solid Demand

IHS Towers delivered strong Q3 2025 results with revenue up 8.3% to $455.1 million and profits surging to $147.4 million. The company raised its full-year…

By: Adamu Garba

The SEC has revealed that Nigerians lost ₦300.2 billion to Ponzi schemes like MMM, MBA Forex, and Famzhi Interbiz Ltd. The commission warns that actual losses may be higher due to unreported cases and online scams.

Nigerians Lost Over ₦300 Billion to Ponzi Schemes in Recent Years – SEC Reveals

The SEC has revealed that Nigerians lost ₦300.2 billion to Ponzi schemes like MMM, MBA Forex, and Famzhi Interbiz Ltd. The commission warns that actual…

By: Ovie George

Vodacom Group forecasts a 40%–45% rise in earnings for the half-year ended September 2025, reflecting strong growth under its Vision 2030 strategy. The telecom giant credits favourable cost movements and recovery from prior one-off impacts in the DRC and Ethiopia.

Vodacom Forecasts Up to 45% Earnings Surge for Half-Year 2025

Vodacom Group forecasts a 40%–45% rise in earnings for the half-year ended September 2025, reflecting strong growth under its Vision 2030 strategy. The telecom giant…

By: Ovie George

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Feature Posts

Detty December means more online activity—and higher data usage. Learn five effective ways to save mobile data, reduce spending, and stay connected throughout the festive season.

How to Save Mobile Data This Detty December: 5 Proven Tips to Cut Costs

More than 200,000 candidates failed the CDCFIB online CBT exam for Nigeria’s paramilitary recruitment. See updated score breakdown, top states by applications, technical complaints, and details on the next screening stage.

Over 200,000 Candidates Fail CDCFIB Online Recruitment Exam as Technical Issues Persist

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