Universal Music Partners Nvidia to Transform Music Creation and Discovery With AI
Universal Music Group has announced a landmark partnership with Nvidia to deploy advanced AI tools for music discovery and creation, signalling a shift in how the music industry embraces artificial intelligence.
MultiChoice’s Tax Payments Fell to $538 Million in 2025 on VAT Refund Impact
MultiChoice reported $538.4 million in tax payments for 2025, a 23% year-on-year drop, citing VAT refunds in South Africa and losses across its Rest of Africa operations.
Starlink Surpasses 9 Million Users Globally as Satellite Internet Demand Accelerates
SpaceX’s Starlink has crossed 9 million global users across 155 countries, driven by rising satellite internet demand and rapid growth in Nigeria and Africa.
Starlink to Lower 4,400 Satellites in 2026 to Reduce Collision Risks and Improve Space Safety
Elon Musk’s Starlink plans to lower about 4,400 satellites in 2026, cutting deorbit times and reducing collision risks as solar minimum conditions approach.
Airtel Africa Repurchases 40.93 Million Shares Under $100 Million Buyback Programme
Airtel Africa has repurchased 40.93 million shares worth about ₦122.7 billion under its $100 million share buyback programme, supporting per-share metrics and investor value.
Flutterwave Acquires Open Banking Startup Mono in $25–$40 Million All-Stock Deal
Flutterwave has acquired Nigerian open banking startup Mono in an all-stock deal valued at $25–$40 million, strengthening its payments, data, and identity infrastructure across Africa.
TikTok Reaches Deal With Oracle, U.S. Investors to Restructure American Operations and Avert Ban
TikTok has secured an agreement with Oracle and U.S. investors to restructure its U.S. operations, significantly reducing the risk of a nationwide ban ahead of the January deadline.
Coursera, Udemy Announce $2.5bn Merger to Create Global AI-Driven Learning Platform
Coursera and Udemy have signed a definitive $2.5 billion all-stock merger agreement to combine their e-learning platforms, accelerate AI innovation, and expand global workforce training.
FCMB’s Digital Business Surges 54% YoY, Contributing N113.6 Billion to 2025 Nine-Month Revenue
FCMB’s digital business—covering lending, payments, and wealth management—grew 54% year-on-year to N113.6 billion in its 2025 nine-month results, driven by strong digital lending, increased platform usage, and the rollout of its proprietary core banking system.
Chowdeck Surpasses 2 Million Users as Nigerian Food Delivery Startup Hits Major Milestone
Nigerian food delivery platform Chowdeck crosses 2 million registered users and 1 million orders, highlighting rapid growth in Nigeria’s digital food delivery market and record-breaking Big Black Friday sales.
