FairMoney Launches FlexiCredit, Offering Nigerians Up to ₦5 Million in Instant Credit Access
FairMoney has introduced FlexiCredit, a new premium credit line that offers eligible Nigerians up to ₦5 million with flexible withdrawals, daily interest-only billing, and instant access through the FairMoney app. Learn how it works, who qualifies, and how to apply.
Nigeria Leads Discussions at TikTok West Africa Safety Summit in Dakar
Nigerian officials and digital safety experts played a key role at TikTok’s West Africa Safety Summit in Dakar. The summit focused on AI-driven content moderation, proactive safety measures, and regional collaboration to protect users online.
Argentina’s President Javier Milei Indicted Over Alleged $LIBRA Crypto Fraud
Argentina’s President Javier Milei faces indictment over alleged fraud tied to the $LIBRA meme coin. Congressional investigators accuse Milei and his sister of political responsibility after the token’s sudden collapse led to massive investor losses.
Safaricom Secures $308 Million Bond Approval to Upgrade Kenya and Ethiopia Infrastructure
Safaricom gains regulatory approval to raise $308 million through a corporate bond to fund infrastructure upgrades in Kenya and Ethiopia. The move aims to strengthen the telecom giant’s market leadership and bridge the digital divide.
CBN Survey: Secured Loan Defaults Rise in Q3 2025 as Banks Expand Lending
Nigeria’s secured loan defaults increased in Q3 2025 even as banks expanded lending, according to the CBN Credit Conditions Survey. Unsecured loan performance improved, and corporate borrowers recorded lower default rates across all segments.
Elon Musk’s xAI in Advanced Talks to Raise $15 Billion, Eyes $230 Billion Valuation
xAI is reportedly negotiating a $15 billion funding round that could value the company at $230 billion. The raise positions Elon Musk’s AI startup as a major rival to OpenAI, Anthropic, and Google DeepMind amid intensifying global competition.
Cordros Raises MTN Nigeria Target Price to N616, Projects Strong 2025 Earnings and N15.50 Dividend
Cordros Securities has increased its year-end target price for MTN Nigeria to N616 per share, citing strong nine-month results, robust data growth, and improved 2025 earnings forecasts. Analysts also project a N15.50 total dividend for 2025.
Meta Completes 2Africa Subsea Cable, Set to Deliver High-Speed Internet to 3 Billion People
Meta and global telecom partners have completed the 2Africa subsea cable, the world’s longest open-access system. The project will improve connectivity for over 3 billion people across Africa, the Middle East, South Asia, and Europe.
Google Launches AI Skilling Blueprint to Accelerate Africa’s Digital Workforce Transformation
Google has unveiled its AI Skilling Blueprint for Africa, a comprehensive roadmap to help governments build AI-ready talent. The initiative includes $2.25 million to support trustworthy, AI-ready public data sets across the continent.
