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Friday, 19 December
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Friday, 19 December

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

Startup Review

Kofounda: Nigerian Founders Launch AI-Powered Voice Website Builder, Win Microsoft’s Generative AI Challenge

Kofounda: Nigerian Founders Launch AI-Powered Voice Website Builder, Win Microsoft’s Generative AI Challenge

Nigerian innovators Timothy Dake and Uduma Glory launch Kofounda, Africa’s first voice-powered website builder. The platform, backed by Microsoft’s $250,000 grant, lets users create websites…

By: Ovie George

Why It Matters Affinity Africa’s milestone underscores a growing demand for fair, inclusive, and digital-first banking solutions in Ghana. By removing barriers, reducing costs, and providing access to credit, Affinity is empowering individuals, households, and MSMEs to thrive in today’s economy. With its customer-driven growth model, Affinity Africa is not only redefining banking in Ghana but also setting a blueprint for digital banking innovation across Africa.

Affinity Africa Surpasses 100,000 Customers, Redefining Digital Banking in Ghana

Affinity Africa surpasses 100,000 customers in Ghana, driving financial inclusion with free accounts, affordable loans, and seamless digital banking for individuals and MSMEs….

By: Wura Obadare

Flutterwave has appointed new leaders in its risk, compliance, regulatory, and legal teams, including Prashant Kalia as Chief Risk and Compliance Officer, reinforcing its commitment to global standards and sustainable growth.

Flutterwave Announces New Leadership in Risk, Compliance, Regulatory, and Legal Functions

Flutterwave has appointed new leaders in its risk, compliance, regulatory, and legal teams, including Prashant Kalia as Chief Risk and Compliance Officer, reinforcing its commitment…

By: Cynthia Okafor

Availability Capitec Pay is available to merchants via dLocal’s single API integration, with no local entity required. Merchants interested in enabling Capitec Pay in South Africa can contact their dLocal representative for setup.

dLocal Expands South Africa Offering with Capitec Pay Integration

dLocal has integrated Capitec Pay into its South African payments offering, enabling secure, real-time open banking account-to-account (A2A) payments for global merchants and local consumers….

By: Cynthia Okafor

The Federal Government of Nigeria has announced plans to launch two new funding initiatives for startups in 2026 under its flagship Investment in Digital and Creative Enterprises (iDICE) programme. The move reinforces the government’s commitment to scaling up investment in technology and creative enterprises, empowering young Nigerians, and driving innovation-led economic growth. The announcement follows the federal government’s recent participation in the $64 million investment round by Ventures Platform, a pan-African venture capital firm that supports early-stage startups across Africa.

Egypt Selects 33 Startups for Third Cohort of Creativa Incubation Program

Egypt’s ITIDA has selected 33 startups for the third cohort of the Creativa Incubation Program, offering funding, mentorship, and resources to support innovation in edtech,…

By: Adamu Garba

A TLP Advisory report reveals Nigerian startups avoid NGX listings due to regulatory barriers, currency mismatch, undervaluation fears, and limited market liquidity, despite the launch of the NGX Technology Board in 2022.

African Startups Raise $187 Million in August 2025: Top 10 Deals

African startups raised $187.6 million in August 2025, with South Africa leading the pack through Ikhokha’s $93.3M acquisition. See the top 10 deals across fintech,…

By: Ovie George

African fintech giant Flutterwave has responded to the Bank of Ghana’s suspension of certain remittance services, assuring customers and stakeholders that its core financial operations remain unaffected.

Flutterwave Clarifies Bank of Ghana Suspension, Confirms Core Services Remain Operational

African fintech giant Flutterwave has responded to the Bank of Ghana’s suspension of certain remittance services, assuring customers and stakeholders that its core financial operations…

By: Author Africa

FuturePay Partners with Flutterwave to Simplify Payments Across Africa

FuturePay has partnered with Flutterwave to streamline cross-border payments in Africa, enabling faster collections, payouts, and B2B transactions across 34 countries….

By: Ovie George

Paystack and FAAN Modernize Airport Access with Cashless Payments

Paystack and FAAN have launched a new cashless payment system using prepaid NFC cards to simplify airport access fees in Lagos and Abuja, with nationwide…

By: Cynthia Okafor

Empowering Youth Innovation: Orange Summer Challenge Fuels Africa & Middle East’s Brightest Minds

Orange Summer Challenge nurtures young innovators, awarding top startups like Plastikoo, MEPS, and Leevlong for pioneering sustainable and impactful solutions….

By: IBK

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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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