Author: TechtvNetwork

CAC Unveils AI-Powered Business Registration Portal, Targets 30-Minute Company Registration
The Corporate Affairs Commission (CAC) has launched a groundbreaking AI-powered registration portal aimed at revolutionizing the business registration process in Nigeria by reducing processing time to under 30 minutes.

Announced at the CAC 2025 Stakeholders Forum held in Port Harcourt, the Registrar-General/CEO, Hussaini Ishaq Magaji, SAN, described the new portal as a game-changer that delivers instant name reservation, real-time approvals, and seamless user experience.

“The new AI-driven portal marks a complete overhaul of the existing Company Registration Portal (CRP), built to provide instant name approvals and suggest intelligent alternatives when a name is already taken,” Magaji said.

With just a National Identification Number (NIN), business owners can now initiate registration, undergo real-time verification, and receive their certificate of registration via email within 30 minutes.

Overcoming Identity Verification Bottlenecks

Magaji noted that while NIN verification remains a potential bottleneck, AI-powered facial ID matching has been introduced to bypass delays caused by third-party systems like NIMC. This innovation allows CAC to maintain its promise of fast, smart, and reliable business services.

Enhanced Security & Future Upgrades

As part of the Commission’s digital transformation, Two-Factor Authentication (2FA) and OTP verification will soon be enforced across all user transactions, ensuring that only verified company directors can authorize changes to company data.

The CAC also announced plans to launch a dedicated Mobile App by Q4 2025, which will enable users to register businesses, monitor application progress, and access company records on the go.

Revised Service Fees & Stakeholder Engagement

Magaji revealed that a review of CAC service fees will take effect from August 1, 2025, to support the Commission’s growing investment in digital infrastructure and improved service quality.

The event featured goodwill messages from notable industry stakeholders including:
- Cordelia U. Eke, Chairman, NBA Port Harcourt
- Sir Sebastian Essien, Chairman, ICSAN
- Elder Dogala Sakpege, Chairman, NASME
- Dr. Mechi Brown, Director of Industry, Rivers State Ministry of Commerce
- Miema Akpa, representing the Chairman of ICAN Port Harcourt
With this strategic shift, the CAC is reinforcing its role as a key driver of Nigeria’s ease of doing business agenda and reaffirming its commitment to digital transformation.
July 1, 2025

Top 10 Largest Economies in the World And Their Leading GDP Contributors

The strength of a country’s economy is most commonly measured by its Gross Domestic Product (GDP), which represents the total value of all goods and services produced within a nation over a specific period—usually one year.

According to the International Monetary Fund (IMF), the top 10 largest economies in the world in 2025 continue to be dominated by countries with robust service sectors, showcasing a global shift towards service-driven economic models.

🌍 Top 10 Economies in the World by GDP (2025)

Rank	Country	GDP (USD)	Leading GDP Contributor	Contribution (%)
1	United States	$28.78 trillion	Services	77%
2	China	$18.53 trillion	Services	55%
3	Germany	$4.59 trillion	Services	63%
4	Japan	$4.11 trillion	Services	71%
5	India	$3.94 trillion	Services	50%
6	United Kingdom	$3.5 trillion	Services	73%
7	France	$3.13 trillion	Services	70%
8	Brazil	$2.33 trillion	Services	58.91%
9	Italy	$2.33 trillion	Services	64.3%
10	Canada	$2.44 trillion	Services	69.7%

🌐 Why the Services Sector Dominates

From financial services, education, healthcare, and retail to technology and digital communication, the services sector continues to be the backbone of modern economies.

According to Statista, between 2013 and 2023, the services sector consistently accounted for the largest share of global GDP.
The industry sector—which includes manufacturing, mining, and construction—follows as the second-highest contributor.
Agriculture—comprising farming, fishing, and forestry—comes in third, playing a significant but smaller role in overall GDP composition.

🔍 Africa’s Emerging Services Economy

Africa is not left behind in this trend. The continent’s services sector now contributes over 50% of its GDP, signaling a strong shift toward economic diversification.

Key contributors to this shift include:

Fintech & mobile money
E-commerce
Telecom & digital infrastructure
Urbanization and youth-driven innovation

Countries like Nigeria, Kenya, South Africa, Egypt, and Ghana are leading the way, driven by mobile connectivity and tech startups revolutionizing everything from banking to logistics.

📌 Final Thoughts

The IMF data highlights a global transition toward service-based economies. This shift has major implications for policy, investment, and workforce development, especially in emerging markets like Africa.

As nations evolve, the service sector’s role in shaping economic resilience and growth becomes even more vital—setting the pace for future prosperity.

— Powered by IMF data

June 26, 2025

The 7 Most Competitive University Courses in Nigeria in 2025 And Their Expected UTME Cut-Off Marks:
1. Medicine and Surgery

Medicine and Surgery continues to top the list as Nigeria’s most competitive course. With limited quotas and a high number of applicants annually, only the best-performing candidates secure admission.
- Expected UTME Cut-Off: 280+
- O’Level Requirements: Credits in English Language, Mathematics, Biology, Chemistry, and Physics.
2. Law

Law attracts thousands of aspirants due to the respect, prestige, and broad career opportunities it offers in both public and private sectors.
- Expected UTME Cut-Off: 270+
- O’Level Requirements: Credits in English Language, Literature-in-English, Government or History, and any other related subject.
3. Pharmacy

With increasing demand in both hospital and industrial sectors, Pharmacy stands out as a popular and competitive healthcare course.
- Expected UTME Cut-Off: 270+
- O’Level Requirements: Credits in English Language, Mathematics, Biology, Chemistry, and Physics.
4. Nursing Science

Nursing has emerged as one of the fastest-growing fields globally. Its strong job security and international mobility make it highly attractive.
- Expected UTME Cut-Off: 260+
- O’Level Requirements: Credits in English Language, Biology, Chemistry, Physics, and Mathematics.
5. Accounting

A versatile course with strong job market demand, Accounting also offers a pathway to professional certifications such as ICAN and ACCA.
- Expected UTME Cut-Off: 250+
- O’Level Requirements: Credits in English Language, Mathematics, Economics, Financial Accounting, and one other relevant subject.
6. Computer Science

Driven by the digital economy, Computer Science remains one of the most in-demand courses in Nigeria, offering career opportunities in software development, AI, and cybersecurity.
- Expected UTME Cut-Off: 250+
- O’Level Requirements: Credits in English Language, Mathematics, Physics, Computer Studies, and another science or social science subject.
7. Economics

Economics is widely pursued due to its applicability across banking, public policy, and business sectors. It remains a gateway to diverse careers in Nigeria and abroad.
- Expected UTME Cut-Off: 250+
- O’Level Requirements: Credits in English Language, Mathematics, Economics, and two other subjects like Government, Commerce, or Geography.
Conclusion
Admission into Nigeria’s most competitive university courses in 2025 will be fierce. Aspiring students must prepare thoroughly and meet both UTME and O’Level requirements to increase their chances of securing a spot in these highly coveted programmes.
June 26, 2025
Google Selects Six Nigerian AI Startups for 2025 Africa Accelerator Program
Google has unveiled its 2025 Google for Startups Accelerator: Africa Class 9, spotlighting 15 trailblazing tech startups across the continent. Among them, six Nigerian AI-powered startups have emerged as frontrunners—highlighting the country’s growing dominance in Africa’s innovation ecosystem.

Selected from a highly competitive pool of nearly 1,500 applicants, the startups span sectors including fintech, digital health, compliance automation, logistics, and enterprise software—all leveraging Artificial Intelligence (AI) to solve pressing African challenges.

Participants from Ghana, Ethiopia, Kenya, Nigeria, Rwanda, Senegal, and South Africa will benefit from:
- $350,000 worth of cloud support and technical resources
- Mentorship from Google engineers and experts
- Access to Google’s global network of partners and investors
Running from June 23 to August 22, the accelerator is a pivotal opportunity for scaling impact-driven solutions across Africa.

🇳🇬 Meet the Six Nigerian Startups Leading Africa’s AI Charge:
- E-doc Online – Uses real-time banking data to streamline compliance, accelerate credit checks, and enhance smart lending.
- GoNomad – Empowers African businesses and solopreneurs to operate globally with seamless invoicing and international payments.
- Middleman – AI-powered sourcing and payment platform that simplifies and secures cross-border trade between Africa and China.
- Myltura – A digital health solution enabling remote consultations, test access, and health data management.
- Pastel – Provides AI-driven fraud detection and AML tools tailored to African financial institutions.
- Scandium – Offers an AI-powered Quality Assurance suite that ensures bug-free software delivery with automated testing.
A Legacy of Impact

Since its inception in 2018, Google for Startups Accelerator Africa has supported 153 startups from 17 countries, helping them raise over $300 million and create 3,500+ jobs. Google’s direct non-equity contributions now exceed $5 million.

“African startups are at the forefront of solving critical challenges across the continent, and their work with AI is truly transformative,” said Folarin Aiyegbusi, Head of Startup Ecosystem, Africa, Google. “When AI is developed with local context, it becomes a powerful catalyst for inclusive growth.”

Other Startups in the 2025 Class 9 Cohort:
- AFRIKABAL (Rwanda)
- Apexloads (Kenya)
- Rapid Human AI
- Regulon (Ghana)
- Shamba Records (Kenya)
- Smartel Agri Tech (Rwanda)
- TOLBI (Senegal)
- YeneHealth (Ethiopia)
- Zerone Analytiqs (Ghana)
These startups are pioneering solutions in agriculture, health, logistics, and digital governance—demonstrating the transformative power of AI in Africa’s development journey.
June 25, 2025
U.S. House Bans WhatsApp on Official Devices Over Data Privacy and Security Concerns

In a significant move aimed at tightening cybersecurity protocols, the U.S. House of Representatives has officially banned the use of WhatsApp on all government-issued devices. The popular messaging app, owned by Meta Platforms, was flagged as a “high-risk” application by the House’s Office of Cybersecurity.

According to a memo released by the Office of the Chief Administrative Officer, the decision stems from serious concerns about data privacy, transparency, and encryption standards on the platform. The document, first reported by Reuters, cited WhatsApp’s lack of end-to-end encryption for stored data and other potential security vulnerabilities.

Lawmakers Ordered to Delete WhatsApp

House members and their staff have been instructed to immediately uninstall WhatsApp from all official devices and transition to more secure alternatives such as Microsoft Teams, Amazon Wickr, Signal, Apple iMessage, and FaceTime.

Meta Pushes Back

Meta responded strongly to the ban, saying, “We disagree with this decision in the strongest possible terms,” and claimed that WhatsApp offers better security features than many of the approved alternatives.

The ban comes amid heightened scrutiny of tech platforms by U.S. lawmakers, following recent incidents involving spyware threats. In January, WhatsApp confirmed that Israeli spyware company Paragon Solutions targeted select users, including journalists and civil society activists.

TikTok Ban Set a Precedent

This isn’t the first time the U.S. government has acted over app security concerns. In 2022, TikTok was also banned from federal devices, with officials citing national security risks linked to data harvesting by foreign entities.

Despite Concerns, WhatsApp Hits 3 Billion Users

Security concerns aside, WhatsApp continues to dominate the global messaging market. During Meta’s Q1 2025 earnings call, CEO Mark Zuckerberg revealed that WhatsApp now boasts over 3 billion monthly active users, joining Facebook in an elite class of social platforms.

Originally launched in 2009 and acquired by Meta in 2014 for $19 billion, WhatsApp has seen exponential growth — from 2 billion users in 2020 to 3 billion in 2024 — all without advertising or subscription fees.

As Meta shifts toward integrating artificial intelligence across its platforms, WhatsApp’s immense user base is likely to play a central role in that strategy.

June 25, 2025
MTN Nigeria Commits ₦3 Billion to FG’s 3MTT Tech Talent Development Initiative
MTN Nigeria has reaffirmed its commitment to Nigeria’s digital future by investing ₦3 billion in the Federal Government’s 3 Million Technical Talent (3MTT) program. This announcement was made by the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, on Tuesday.

The Minister emphasized the critical role of public-private partnerships in accelerating Nigeria’s digital transformation. According to him, MTN has been a long-standing supporter of the 3MTT initiative, contributing significantly to the growth of a skilled, tech-ready workforce.

“I acknowledge MTN Nigeria’s long-term support for the 3MTT Nigeria program, with a cumulative investment of ₦3 billion since inception,” said Dr. Tijani.

MTN: A Pioneer in Digital Skills Support

Dr. Tijani hailed MTN as one of the early backers of the 3MTT program, playing a pivotal role in democratizing access to digital skills training for thousands of young Nigerians nationwide.

“This kind of sustained collaboration is what drives our vision of building a future-ready workforce and positioning Nigeria as a net-exporter of technical talent,” he noted.

“As we scale the 3MTT program, we look forward to deepening our partnerships with the private sector to unlock more opportunities for our people and economy.”

Momentum Builds Across the Private Sector

The announcement follows recent contributions from other corporate partners. In March 2025, Airtel Africa Foundation pledged a ₦1 billion grant to the 3MTT program. Additionally, IHS Towers has signed a ₦1 billion deal to fund digital learning communities across Nigeria, including covering the salaries of 37 Learning Community Managers over a three-year period.

About the 3MTT Program

The 3 Million Technical Talent (3MTT) program is a cornerstone of the Renewed Hope Agenda, designed to build Nigeria’s digital economy and position the country as a global hub for tech talent.

The initiative launched with 30,000 participants (1% of its target), and has since expanded with a second cohort of 270,000 trainees — reaching 10% of the goal.

Training areas include:
- Digital Marketing
- Data Analysis & Visualization
- Cloud Platform Navigation
- Project Management Software
- CRM Management
- Accounting Software
- SEO (Search Engine Optimization)
- UX/UI Design
- Graphic Design
Participants are being trained on tech-enabled roles, helping to bridge the digital skills gap and boost employability in emerging industries.
June 25, 2025
Top Fintech Apps in Nigeria with Over 10 Million Downloads (Updated May 2025)
Nigeria’s fintech industry is experiencing explosive growth, fueled by innovative digital platforms and mobile technology. As financial inclusion deepens across the country, millions of Nigerians are embracing fintech apps that make banking, payments, savings, and loans more accessible than ever.

According to data from the Google Play Store, several Nigerian fintech applications have crossed the 10 million download milestone, indicating widespread adoption and trust. One app—OPay—has soared past 50 million downloads, cementing its position as a market leader in digital finance.

This boom is driven by faster, cheaper, and mobile-first alternatives to traditional banking. The European Investment Bank’s 2024 Finance in Africa Report reveals that fintech services in Africa are up to 80% cheaper than traditional banks and offer interest rates on savings up to 3x higher.

Additional drivers of fintech adoption in Nigeria include:
- Affordable smartphones
- Widespread 4G/5G connectivity
- A youthful, tech-savvy population
- Urbanization and formal economic participation
Fintech now contributes an estimated 10–12% of revenue in Nigeria’s financial services industry.

Top Fintech Apps in Nigeria by Download Volume (As of May 2025)

1. OPay – 50 Million+ Downloads

OPay dominates the Nigerian fintech space with over 50 million downloads. Known for its user-centric design, strong KYC/AML compliance, and high-level security, OPay is more than a payment app—it’s a digital trust fortress.
- Rating: 4.6★ (Highest on this list)
- Reviews: 802,000+
- Key Features: Payments, loans, savings, transfers, financial literacy
2. Kuda – 10 Million Downloads

Kuda Bank, often called “the bank of the free,” offers zero maintenance fees, free monthly transfers, budgeting tools, and instant notifications. It is especially popular among Nigeria’s youth.
- Rating: 4.5★
- Reviews: 343,000+
- Key Features: Digital banking, budgeting, free transfers, debit card
3. Moniepoint – 10 Million Downloads

Moniepoint, one of Nigeria’s fintech unicorns, offers a blend of digital banking and lending solutions with enterprise-grade security.
- Rating: 4.5★
- Reviews: 48,000+
- Key Features: Business banking, digital payments, security-first
4. PalmPay – 10 Million Downloads

Since launching in 2018, PalmPay has become a trusted name in digital transactions. In 2024, it paid out over ₦4 billion in savings returns to 10 million users.
- Rating: 4.5★
- Reviews: 1 million+
- Key Features: Transfers, bill payments, cashback, savings
5. Okash – 10 Million Downloads

Okash, operated by Blue Ridge Microfinance Bank, offers quick loans with a fast, low-documentation process.
- Rating: 4.5★
- Reviews: 275,000+
- Key Features: Instant loans, digital onboarding
6. Palmcredit – 10 Million Downloads

Palmcredit specializes in unsecured digital loans and device financing, appealing to low- and mid-income earners.
- Rating: 4.4★
- Reviews: 199,000+
- Key Features: Nano loans, device credit, fast disbursement
7. FairMoney – 10 Million Downloads

FairMoney provides fast access to loans of up to ₦3 million (personal) and ₦5 million (SMEs), all processed in minutes without collateral.
- Rating: 4.4★
- Reviews: 823,000+
- Key Features: Instant personal/SME loans, financial services
Final Thoughts

Nigeria’s fintech revolution is not just about digital convenience—it’s reshaping the country’s financial landscape. These apps are empowering millions to save, borrow, transfer, and invest with ease, fueling economic participation and digital inclusion.

As smartphone adoption grows and the regulatory environment matures, these fintech leaders are set to define the future of finance in Africa.
June 25, 2025
Revealed: The 10 Biggest Employers Powering Nigeria’s Workforce

Despite economic headwinds, some of Nigeria’s biggest corporations sustained impressive workforce numbers in 2024. The top 10 publicly listed Nigerian companies by employee count collectively hired 84,491 workers across sectors including financial services, industrial goods, and consumer goods, according to data sourced from their official 2024 financial statements.

These corporate giants not only boosted job creation but also spent a staggering ₦1.695 trillion on employee compensation in the same year—cementing their role in cushioning Nigeria’s rising unemployment rate.

The report—compiled by Nairametrics Research using disclosures from the Nigerian Exchange (NGX)—reveals that Nigeria’s youth (ages 15-24) accounted for 55.3% of the labor force in 2024. Alarmingly, 14.4% were not in employment, education, or training (NEET)—a jump from 13.7% the previous quarter.

Below is a breakdown of the Top 10 Employers in Nigeria (2024) and their workforce trends:

1. Dangote Cement – 20,910 Employees

CEO: Arvind Pathak
Africa’s largest cement manufacturer retained its crown as Nigeria’s largest private employer, growing its staff by 10% from 19,073 in 2023.
Salary Expense: ₦232.78 billion (+77% YoY)
Gender Breakdown: Not disclosed

2. First HoldCo Plc – 9,950 Employees

GMD: Adebowale Oyedeji
Parent company of First Bank increased its workforce by 13%. Males (7,065) continued to dominate over females (2,885).
Salary Expense: ₦229.10 billion (+72% YoY)

3. Julius Berger Nigeria Plc – 9,419 Employees

CEO: Dr. Peer Lubasch
Despite a 20% workforce reduction, the construction giant doubled down on compensation.
Salary Expense: ₦154.08 billion (+94% YoY)
Gender Breakdown: Not disclosed

4. UBA – 9,323 Employees

CEO: Oliver Alawuba
With 5,007 males and 4,316 females, UBA saw a 7% decline in staff strength but increased pay significantly.
Salary Expense: ₦297.60 billion (+71% YoY)

5. Access Bank – 8,939 Employees

CEO: Mr. Roosevelt Ogbonn
Employee count surged by 18%. Gender composition flipped to a male-dominated workforce.
Salary Expense: ₦357.62 billion (+123% YoY)

6. Zenith Bank – 7,704 Employees

CEO: Dame (Dr.) Adaora Umeoji OON
Women outnumbered men among staff. The bank’s salary spending jumped by 49%.
Salary Expense: ₦137.69 billion (+49% YoY)

7. GTCO – 5,803 Employees

Group CEO: Segun Agbaje
Marginal increase in headcount with a nearly equal gender split.
Salary Expense: ₦88.69 billion (+83% YoY)

8. Flour Mills of Nigeria – 5,404 Employees

CEO: Omoboyede Olusanya
Despite a 9% drop in staff numbers, the company increased its wage bill.
Salary Expense: ₦57.14 billion (+15% YoY)
Gender Breakdown: Not disclosed

9. FCMB Group – 3,796 Employees

CEO: Ladi Balogun
A steady 6.8% rise in workforce size. Men accounted for 58% of the staff.
Salary Expense: ₦58.54 billion (+72% YoY)

10. Stanbic IBTC – 3,243 Employees

CEO: Wole Adeniyi
Balanced gender split with 47% female and 53% male.
Salary Expense: ₦81.72 billion (+33% YoY)

Conclusion

These companies are not just business powerhouses—they are key engines of employment in Nigeria’s economy. As youth unemployment continues to pose a national challenge, the role of large corporations in job creation and skills development cannot be overstated.

Their growing salary budgets also suggest a positive trend in employee compensation, despite inflation and operational cost pressures.

June 23, 2025
TD Africa, HP Deepen Strategic Alliance to Power Africa’s Digital Future

In a renewed push to accelerate digital transformation across the continent, TD Africa, Sub-Saharan Africa’s leading technology distributor, has strengthened its long-standing partnership with HP Inc. through a high-level strategic meeting held in Ikoyi, Lagos.

The exclusive session brought together senior executives from both organisations to reaffirm a nearly 30-year collaboration focused on deepening tech adoption and fostering innovation across Nigeria and the wider African market.

Dr. Leo Stan Ekeh, Chairman of Zinox Group (parent company of TD Africa), highlighted the historical bond between the two tech giants while calling for a more intentional, future-focused synergy.

“The partnership between TD Africa and HP transcends commerce; it represents a unified mission to deploy technology as a driver for national and continental progress. Technology is the new oil, and we must invest in the right infrastructure to power a 21st-century Africa,” Dr. Ekeh stated.

Mrs. Chioma Chimere, Coordinating Managing Director of TD Africa, reinforced the company’s unwavering focus on digital inclusion and capacity-building at the grassroots.

“We are committed to ensuring that every community, business, and institution in Africa is equipped with the tools to thrive in the digital age. Our vision is an IT-enabled Africa that’s globally competitive,” she said.

Representing HP, Kingsley Osuala, Distribution Business Manager for Central Africa, expressed gratitude for the sustained collaboration with TD Africa and highlighted the growing need for local tech readiness.

“TD Africa has been instrumental in empowering communities through technology. As the pace of digital evolution accelerates, embracing innovation and high-performance tech is essential for Nigeria and Africa to remain globally relevant,” he said.

The meeting concluded with both companies pledging to deepen collaboration, drive digital access, and build a future powered by innovation, infrastructure, and inclusive technology.

June 16, 2025
USSD Billing Update: Telcos Still Testing, No Start Date Yet Despite Banks’ Notice

Contrary to claims by several Nigerian banks that Unstructured Supplementary Service Data (USSD) transaction charges would now be deducted from customers’ airtime starting June 3, 2025, sources from the Nigerian Communications Commission (NCC) have clarified that the process is still in the testing phase.

According to NCC insiders who spoke anonymously due to lack of authorization, the implementation of the End-User Billing (EUB) model has not yet begun, as technical integration and end-to-end testing between banks and telecom operators are still ongoing.

“The process is not yet live. Once testing is complete, banks will officially notify customers of the commencement date,” an NCC source told TechTV.

Banks Jump the Gun

Earlier in June, commercial banks including UBA and FCMB issued notices to customers announcing a shift in USSD charges from bank account deductions to airtime deductions, allegedly in line with an NCC directive.

“Effective June 3, 2025, USSD banking service charges will no longer be deducted from your bank account but from your mobile airtime balance,” one of the notices read.

However, this announcement appears to have caused confusion, especially among telecom operators.

Telcos Dispute Banks’ Claims

Reacting to the banks’ announcements, the Association of Licensed Telecom Operators of Nigeria (ALTON) criticized the communication as misleading.

“There was never a unilateral directive from the NCC. What exists is a joint regulatory agreement between the NCC and the CBN,” said ALTON Chairman, Engr. Gbenga Adebayo.

He explained that the agreement allows banks to migrate to end-user billing only after settling outstanding USSD debts, which amount to billions of naira.

“The telcos insisted on a transparent billing system to avoid double charges—where customers are billed from both airtime and bank accounts. Yet, many banks are yet to fully clear their debts,” Adebayo added.

Background to the Crisis

The prolonged dispute over USSD charges stems from a N250 billion debt owed by Deposit Money Banks (DMBs) to telecom operators. The debt arose from past USSD transactions for which banks collected fees from customers but failed to remit to telcos.

Efforts by the Central Bank of Nigeria (CBN) and the NCC to resolve the impasse date back to December 2024. In January 2025, the NCC even threatened to suspend USSD services and publicly name defaulting banks. By late February, MTN Nigeria confirmed it had received N32 billion of a N72 billion USSD debt from the banks.

The Bottom Line

Despite announcements, Nigerian banks and telcos are yet to commence the end-user billing model for USSD services. Full implementation hinges on the resolution of outstanding debts and the completion of technical testing—both of which are still in progress.

Stay tuned for verified updates on when airtime-based USSD billing will officially begin.

June 16, 2025
#DigitalInclusion: NCC Partner Stakeholders to Boost Rural Connectivity in Nigeria

In a decisive push to bridge Nigeria’s rural connectivity gap, the Nigerian Communications Commission (NCC) has partnered with the Association for Progressive Communications (APC) and other key institutional stakeholders to develop policies that support community network initiatives across underserved regions.

The collaboration culminated in a two-day workshop held in Abuja from June 3–4, 2025. The forum focused on establishing an inclusive policy and regulatory framework to empower community-led networks, promote digital equity, and drive socio-economic development in unserved and underserved communities.

The event attracted diverse participants, including government regulators, community leaders, technical experts, and potential foreign investors. Discussions centered on removing policy bottlenecks, implementing sustainable energy solutions, exploring innovative funding models, and promoting infrastructure development to enhance connectivity in rural Nigeria.

Speaking at the workshop, Dr. Aminu Maida, Executive Vice Chairman of NCC—represented by Abraham Oshadami, Executive Commissioner for Technical Services—emphasized the significance of the initiative.

“This workshop offers a valuable platform to engage diverse stakeholders on critical challenges such as access to affordable devices, licensing, spectrum allocation, and sustainability,” Maida said. “At NCC, we’re committed to advancing digital inclusion, especially in rural areas, through support for community network models.”

Maida noted that such forums play a key role in shaping policies that will guarantee equitable access to digital opportunities for all Nigerians, regardless of socio-economic background.

Also speaking, Kathleen Diga, Co-Manager of the APC’s Local Networks (LocNet) initiative, highlighted the importance of bottom-up approaches to digital inclusion.

“This is a moment to explore community-led solutions—small enterprises, cooperatives, and local initiatives—that are already bridging digital gaps in the global south,” Diga said. “These networks are a strategic response to digital exclusion and deserve recognition and support.”

According to a statement signed by Mrs. Nnenna Ukoha, Acting Head of Public Affairs at NCC, the workshop featured expert presentations from NCC, APC, the Central Bank of Nigeria (CBN), and the Rural Electrification Agency (REA), all focused on developing a unified national framework for expanding rural broadband access.

The Association for Progressive Communications, a 35-year-old global network, continues to advocate for equitable internet access, particularly across the Global South. Through its LocNet initiative, it is working with regulators to drive inclusive, sustainable, and community-centric internet solutions in Nigeria.

June 13, 2025
MultiChoice Nigeria Loses 1.4 Million Subscribers Amidst Repeated DStv Price Hikes
MultiChoice Nigeria, the leading Pay-TV operator in the country, has lost a staggering 1.4 million subscribers over the past two years, largely due to recurring price hikes and worsening economic conditions.

The data was revealed in the MultiChoice Group’s audited financial results for the year ending March 31, 2025, released on Wednesday. According to the report, Nigeria accounted for 77% of the total subscriber losses across the Group’s Rest of Africa (RoA) operations between 2023 and 2025.

Key Takeaways:
- Total RoA subscriber base dropped from 9.3 million in 2023 to 7.5 million in 2025 — a loss of 1.8 million subscribers.
- Nigeria alone contributed 1.4 million to that figure.
- The company implemented three price hikes within two years — in April 2023, November 2023, and May 2024 — affecting both DStv and GOtv users.
- Economic pressure, high inflation (over 30% in Nigeria), power grid collapse, and fuel shortages were blamed for reduced customer activity.
Subscriber Loss Slowing in 2025

While 2024 saw a sharp drop of 1.2 million subscribers (13%) across RoA, the pace slowed in 2025 with a 7% year-on-year drop, falling from 8.1 million to 7.5 million. However, the figures remain alarming, especially in Nigeria, MultiChoice’s largest African market outside South Africa.

In its earnings report, the company noted:

“Inflation across key markets remained high (around 20% on a weighted average basis, above 30% in Nigeria and Angola) and caused pressure on customer spending.
Subscriber activity was further affected by power shortages across Zambia, Zimbabwe and Malawi, ongoing power and fuel shortages in Nigeria, and civil unrest in Mozambique.”

Group-Wide Financial Struggles

MultiChoice Group admitted that the last two years have been tough due to macroeconomic headwinds, piracy, the rise of streaming platforms, and shifting consumer behavior. These factors have significantly impacted its bottom line.

For the 2025 financial year:
- Revenue dropped by ZAR5.2 billion (9%) to ZAR50.8 billion.
- Subscription revenue fell by 11%, driven by declining subscriber numbers and currency devaluation.
- Trading profit plummeted by ZAR3.8 billion (49%), settling at ZAR4.0 billion.
- Losses were compounded by ZAR2.3 billion in Showmax trading losses and ZAR5.2 billion in foreign exchange revenue losses.
What Lies Ahead?

With Nigeria’s inflationary pressure showing no sign of easing, and with MultiChoice’s subscriber base shrinking, the company’s next move remains unclear. Whether another round of price hikes is on the horizon is yet to be confirmed. However, consumer sentiment suggests the tipping point may already have been reached.

As alternative entertainment options like Netflix, YouTube, and local streaming services gain ground, MultiChoice faces increasing pressure to revise its pricing and content strategies or risk further erosion of its customer base in Africa’s largest economy.
June 13, 2025
A Call for Digital Justice – By Don Pedro Aganbi
In today’s digitally connected world, access to reliable, fair and transparent telecommunications services is no longer a luxury—it is a fundamental right. Yet, millions of Nigerian telecom consumers continue to suffer in silence under the weight of hidden charges, poor service quality and a lack of accountability.

Digital justice means more than access—it means equity. It demands that telecom providers treat consumers not as data points or revenue sources, but as king and as stakeholders in the digital economy. It means ensuring that every consumer, regardless of location or income level, is treated as a king with dignity, fairness and transparency.

For far too long, telecom subscribers in Nigeria have been at the mercy of dropped calls, vanishing data, unsolicited messages and customer service systems that offer little recourse. We are told to “wait,” to “understand,” to “be patient”—while we pay full price for half-delivered services.

Consumers are billed for services they didn’t request, enrolled into promotions they never opted into and penalized by silence when they lodge complaints. The systems designed to protect them often respond too slowly—or not at all.

This is not just a service failure. It is a justice failure.

We must hold service providers accountable—but we must also demand more from the regulator. The Nigerian Communications Commission (NCC) is already strengthening its consumer protection frameworks, enforcing penalties for breaches, and pushing for transparent billing systems across all networks.

Regulation should no longer be reactive. It must be proactive, preventive and people-centric. The NCC seems to be on the right track in this regard.

A digitally just Nigeria will ensure:
- Transparency in data usage and billing
- Swift, accessible complaint resolution channels
- Protection from unsolicited and paid content
- Automatic compensation for service failures or disruptions
- A regulatory system that listens to and prioritizes the consumer voice
Digital justice also means putting systems in place to protect the most vulnerable—low-income users, rural dwellers and those unfamiliar with complex service terms or digital platforms.

This call is not just a critique; it is a call for advocacy groups, legal minds, tech entrepreneurs, the media and everyday Nigerians to rise in defense of the consumer.

Let us no longer normalize the abnormal. Let us demand fairness in how we connect, communicate and contribute to the digital space. The digital economy must not be built on consumer frustration—but on consumer trust.

As we look ahead to a future powered by artificial intelligence, 5G, digital banking and virtual platforms, we must not forget the basics: respect, transparency and fairness.

Digital justice is not a request. It is a right.

Don Pedro Aganbi is a technology journalist, broadcaster and digital rights advocate, committed to advancing consumer protection and digital inclusion across Africa.
June 13, 2025
Leo Stan Ekeh: “You Need Tinubu, Obi & Atiku Combined to Succeed as an Entrepreneur in Nigeria”

To build a successful business in Nigeria, you need more than just innovation—you need the combined strengths of Tinubu, Obi, and Atiku. That’s the message from Africa’s most decorated tech entrepreneur, Leo Stan Ekeh, during a recent mentorship session in Ikoyi, Lagos.

Speaking to a group of young business leaders, the Zinox Group Chairman offered a compelling and practical blueprint for entrepreneurial success in Nigeria’s complex economic terrain.

“To survive and thrive as a Nigerian entrepreneur, you need Tinubu’s capacity and courage, Atiku’s determination and fairness, and Obi’s humility and frugality,” Ekeh said.

Breaking Down the Entrepreneurial Formula

In a country where entrepreneurs face shifting policies, tough infrastructure, and intense market pressure, Ekeh drew inspiration from three of Nigeria’s most influential political leaders:

🧠 Tinubu: Strategy, Capacity & Bold Leadership

Ekeh praised President Bola Ahmed Tinubu for his resilience, political foresight, and ability to build strategic coalitions. From surviving the 2003 PDP wave as Lagos governor to declaring “Emi Lo Kan,” Tinubu exemplifies audacity and long-term planning—qualities Ekeh says are essential for entrepreneurs navigating uncertainty.

“Tinubu wasn’t the richest or the most brilliant, but he had the courage to claim his turn,” Ekeh noted. “Entrepreneurs must have the same mindset—declare your place in the market and build capacity.”

💪 Atiku: Bravery, Fairness & Persistence

Citing former Vice President Atiku Abubakar, Ekeh emphasized tenacity and fearlessness in the face of bureaucracy and systemic challenges. Atiku’s legal battles during his time in office—and his refusal to give up on democratic reforms—mirror what business owners must often endure.

“Entrepreneurs must stand firm against unfair policies and keep pushing forward, no matter how hard the system pushes back,” Ekeh advised.

🤲 Obi: Humility, Prudence & Moral Clarity

According to Ekeh, Peter Obi’s disciplined, ethical leadership style holds key lessons for startups. Obi’s frugality and spiritual values reflect the importance of ethical business, cost control, and long-term sustainability.

“Credibility is credit-worthy,” Ekeh said. “If your business has integrity, investors will come.”

Entrepreneurship in Nigeria: Not for the Faint-Hearted

Ekeh knows the terrain well—he pioneered digital publishing in Nigeria, launched the country’s first internationally certified computer brand, and built one of Africa’s most respected tech conglomerates.

Still, he admits the journey came with persecution, blackmail, and resistance.

“Success will attract enemies, but stay focused. Nigeria rewards bold, ethical, strategic entrepreneurs.”

The Bottom Line

Ekeh’s powerful analogy underscores a deep truth: entrepreneurship in Nigeria requires a rare combination of traits—strategic brilliance, relentless tenacity, and moral discipline. With these, entrepreneurs can survive the volatility and harness Nigeria’s vast potential.

“To succeed here, you must be a tactician like Tinubu, a reformer like Atiku, and a moral visionary like Obi,” Ekeh concluded.

For aspiring entrepreneurs in Nigeria, the message is clear: learn from the nation’s political heavyweights—not just for politics, but for business survival and excellence.

June 10, 2025
Most Powerful Tech-Enabled Countries in the World (2025 Ranking)

As the digital age evolves, only a select group of nations are setting the pace in reshaping how the world lives, works, and connects. These countries aren’t just catching up with trends — they’re defining them.

From AI to robotics, renewable energy to smart infrastructure, these tech powerhouses integrate innovation into everyday life — transforming public services, education, mobility, and the economy.

Here’s a closer look at the 15 most technologically advanced countries driving global progress in 2025:

🇰🇷 1. South Korea

With nationwide internet speeds averaging over 120 Mbps and some homes enjoying 10 Gbps, South Korea is a digital leader. Seoul’s AI-powered public transport and Samsung’s semiconductor innovations reflect a country where 4.8% of GDP is invested in R&D — among the highest globally.

🇯🇵 2. Japan

Japan blends high-tech convenience with quiet efficiency — from robotic hospital assistants to autonomous drone deliveries. It owns more than 20% of all industrial robots, showing how deeply automation is woven into its economic fabric.

🇩🇪 3. Germany

Germany’s “Industry 4.0” is revolutionizing factories with AI and IoT. The country leads in hydrogen fuel research and autonomous vehicle development, thanks to global automotive giants like Audi and Mercedes-Benz.

🇺🇸 4. United States

Home to Silicon Valley, NASA, and thousands of tech unicorns, the U.S. invests over $700 billion annually in research. With powerhouse universities like MIT and Stanford, America leads in AI, quantum computing, space exploration, and patent ownership.

🇨🇳 5. China

From facial recognition payments to quantum breakthroughs, China’s tech influence is vast. It produces 90% of the world’s solar panels and has launched BeiDou, a GPS rival. Billions go into AI and 5G, powering the next wave of global disruption.

🇸🇬 6. Singapore

This smart city-state uses AI-driven street lamps, real-time traffic sensors, and digital ID systems that give access to over 1,000 public services. Singapore also pioneers urban testing grounds for biotech and autonomous vehicles.

🇸🇪 7. Sweden

Beyond Spotify, Sweden leads in climate tech, digital governance, and public e-services. A nearly cashless society and early investments in digital literacy have created a digitally inclusive and sustainable innovation ecosystem.

🇮🇱 8. Israel

Known as the “Startup Nation,” Israel boasts over 6,000 tech startups. Cybersecurity thrives, many spun off from elite IDF units. Innovations like Mobileye’s driver-assist systems have reshaped autonomous vehicle technology worldwide.

🇫🇮 9. Finland

Finland pilots AI-managed basic income and builds 6G frameworks through university-industry partnerships. Its all-in-one city apps make government services accessible, while its public welfare leverages cutting-edge AI.

🇨🇭 10. Switzerland

CERN’s home turf, Switzerland excels in physics, biotech, and medtech. With 3.4% of GDP going to R&D, cities like Zürich and Lausanne drive machine learning breakthroughs. It’s also a leader in biotech patent filings.

🇨🇦 11. Canada

Canada’s early investment in deep learning is now paying global dividends. Toronto and Montreal are AI hubs, supported by institutions like the Vector Institute. Its visa and grant programs attract top international tech talent.

🇫🇷 12. France

France innovates with autonomous trains, 3D-printed homes, and drone-inspected nuclear plants. Backed by over $60 billion in R&D funding, Paris is a hotspot for green tech, aerospace, and defense innovation.

🇬🇧 13. United Kingdom

London leads in fintech, while Oxford and Cambridge shape Europe’s AI ethics and quantum computing agendas. The UK’s national strategy is attracting billions in space tech and next-gen artificial intelligence.

🇳🇱 14. Netherlands

Home to ASML, the only maker of photolithography machines essential for chip manufacturing, the Netherlands powers global semiconductors. Its smart cities and green data centers merge sustainability with technological excellence.

🇦🇺 15. Australia

Australia may fly under the radar, but its innovations — from AI-powered climate prediction to remote satellite healthcare — are world-class. Melbourne and Sydney are rapidly scaling as clean energy and robotics hubs.

Conclusion:
These countries are not only embracing new technologies but are embedding them into the fabric of society. From AI and automation to smart cities and green energy, these 15 tech-forward nations are shaping the future — one breakthrough at a time.

June 10, 2025
Wike Moves to Shut Down 34 Embassies in Abuja Over Rent Debt
Federal Capital Territory (FCT) Minister Nyesom Wike is poised to take action against 34 embassies in Abuja over their failure to pay ground rent dating as far back as 2014. The embassies, along with thousands of private and public property owners, face enforcement measures for defaulting on their statutory land use charges.

According to the FCT Administration, the diplomatic missions collectively owe ₦3.66 million in unpaid ground rent. Ground rent is a legal payment property occupiers must make to the government for using allocated land.

The affected embassies reportedly include those of Ghana, Russia, Turkey, Germany, Ireland, Venezuela, Zambia, Indonesia, Equatorial Guinea, Egypt, China, India, South Africa, Sudan, Kenya, and others.

FCT Director of Lands, Chijioke Nwankwoeze, disclosed that penalty fees ranging from ₦2 million to ₦3 million will apply based on location and the length of default.

On May 26, Wike directed the enforcement of payment against 4,794 properties with unpaid rent spanning 10 to 43 years. However, President Bola Tinubu intervened, offering a 14-day grace period which expired on Monday, June 3.

Some high-profile organisations initially named as defaulters—such as the Peoples Democratic Party (PDP), the Federal Inland Revenue Service (FIRS), and the National Agency for the Prohibition of Trafficking in Persons (NAPTIP)—have since cleared their debts.

However, multiple embassies have denied the FCTA’s claims.
- Russia’s Embassy maintained it has always paid its rent on time and has proof of payment.
- Turkey stated it had not received any formal notice and would investigate any listing.
- Germany confirmed that all its obligations were fully settled as of the end of 2024.
- Ghana’s High Commission said it had not been officially contacted and would liaise with Nigeria’s Ministry of Foreign Affairs.
Despite the denials, the FCTA says enforcement action will commence immediately on confirmed defaulters unless payments are made or disputes are resolved through official channels.

This development underscores the FCT’s renewed drive to recover billions in ground rent arrears as part of broader fiscal reforms and land administration enforcement.
June 9, 2025
EFCC Arraigns Wema Bank Staff, 4 Others Over ₦8.5 Billion Cyber Fraud Scandal
The Economic and Financial Crimes Commission (EFCC) has arraigned three Wema Bank employees alongside four other individuals in connection with a massive cyber-enabled fraud scheme that allegedly siphoned over ₦8.5 billion from the bank’s system.

The accused — Samuel Asiegbu, Fabian Onyeimachi, and Kingsley Kejim, all staff of Wema Bank — were brought before Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos. They were arraigned alongside Hannah Okunlola Adesokan, Hamza Zakariya, Achionu Ubaku, and Sunday Osademe.

According to a statement by EFCC spokesperson Dele Oyewale, the fraud was allegedly carried out in January 2025 through the manipulation and alteration of internal banking data, resulting in the loss of ₦8,568,090,500.

“The defendants conspired amongst themselves to cause the loss of funds in Wema Bank accounts in a manner intended to confer unlawful economic benefits,” the EFCC said.

The suspects face an eight-count charge bordering on cybercrime and conspiracy to defraud under Section 27(1)(a) of the Cybercrimes (Prohibition, Prevention, etc.) Act, 2015.

One of the charges reads:
“That you, Samuel Ihechukwu Asiegbu, Ejim Kingsley Kelechi, and other persons at large, sometime in January 2025, conspired amongst yourselves to cause loss of property to bank accounts domiciled in Wema Bank Nigeria Plc in order to confer economic benefit to yourselves.”

Nigeria’s Banking Sector Faces Mounting Cybercrime Threat

This latest incident highlights the growing cybersecurity challenges in Nigeria’s financial sector. Data from the Financial Institutions Training Centre (FITC) shows that Nigerian banks lost over ₦2.72 billion to cyber fraud in just the first half of 2022.

Breakdown of 2022 cybercrime losses includes:
- ₦196 million lost to mobile fraud
- ₦59.5 million from computer and web-based fraud
Phishing, ransomware, insider threats, and data breaches remain top concerns for financial institutions. Cybersecurity experts are calling for urgent reforms, including stronger digital risk management frameworks, enhanced employee background checks, and cross-bank collaboration to combat escalating financial cyber threats.
June 9, 2025
Top 5 Most Influential Restaurant Chains Shaping Africa’s Fast-Food Boom

With a booming population of over 1.5 billion and a median age under 20, Africa is rapidly emerging as the next frontier for global fast-food growth. The continent’s $2.8 trillion GDP, coupled with a tech-savvy, urbanizing youth population, is fueling unprecedented demand for quick-service restaurants (QSRs).

From Lagos to Nairobi, international giants and homegrown heroes alike are transforming how Africans eat — blending convenience, affordability, and global flavor in the heart of bustling cities. As franchising accelerates and digital delivery platforms thrive, these five restaurant chains are leading the charge and redefining Africa’s food culture.

1. KFC – The Colonel’s African Expansion

Presence: 25+ African countries
Origin: United States

KFC, the global fried chicken powerhouse, has established a stronghold in Africa, with over 1,300 outlets across 25 countries. From Nigeria to Kenya and Zambia to Botswana, the brand’s “finger lickin’ good” promise resonates with Africa’s growing urban middle class. CEO Scott Mezvinsky continues to prioritize Africa as a key market, with consistent expansion driven by franchising and localized menus.

2. Pizza Hut – Spreading the Slice Across the Continent

Presence: 10+ African countries
Origin: United States

Owned by Yum! Brands, Pizza Hut is making strategic inroads across Africa, now operating in markets like Egypt, Nigeria, Kenya, and South Africa. Known for its pan pizza and casual dining feel, Pizza Hut caters to Africa’s fast-growing appetite for global cuisine and social dining experiences. Its franchising model has enabled steady growth in urban centers where international brands are increasingly in demand.

3. Burger King – The King Lands in Africa

Presence: 10+ African countries
Origin: United States

Burger King entered Africa with a bang, launching in South Africa in 2013 and now present in countries like Egypt, Morocco, Kenya, and Nigeria. With over a dozen outlets in Lagos alone, Burger King is now Nigeria’s largest burger chain. The brand’s global reputation and localized marketing strategies have helped it capture a loyal customer base in highly competitive markets.

4. Domino’s Pizza – Tech-Driven and Delivery-Ready

Presence: 5+ African countries
Origin: United States

Domino’s, operated in Africa by Eat ‘N Go, has redefined pizza delivery with a tech-forward approach. First arriving in Nigeria in 2012, the brand now serves South Africa, Kenya, Egypt, and Mauritius, offering fast, reliable service through digital platforms. Competing directly with Debonairs, Domino’s leverages innovation and consistency to meet Africa’s growing appetite for quick, high-quality food delivery.

5. Debonairs Pizza – Africa’s Homegrown Champion

Presence: 13+ African countries
Origin: South Africa

Founded in 1991, Debonairs Pizza is one of the continent’s most successful QSR stories. With over 700 outlets in 15 countries, including Nigeria, Kenya, and Zimbabwe, the brand leads Africa’s pizza market. Born from a student startup in Pietermaritzburg, Debonairs pioneered pizza delivery in South Africa and remains a cultural staple thanks to its bold flavors and deeply localized menu.

Africa’s QSR Revolution is Just Beginning

The growth of these five powerhouse brands reflects more than just a hunger for fast food — it signals a broader economic and cultural shift. Africa’s youthful population, rising incomes, and digital connectivity are driving a fast-food renaissance. As competition heats up, these brands are not just serving meals — they’re shaping the future of food across the continent.

June 9, 2025
CANAL+ and Netflix Expand Strategic Partnership to 24 Francophone African Countries

French media giant CANAL+ and global streaming leader Netflix have expanded their strategic partnership to cover 24 Francophone African countries, marking a major milestone in Africa’s rapidly evolving digital entertainment landscape.

Starting July 2025, subscribers in these countries will gain seamless access to Netflix content through CANAL+ bundles, enhancing user convenience and broadening access to top-tier global and local content. This development positions CANAL+ as the first operator to distribute Netflix as part of its offering in Sub-Saharan Africa.

“A few years after our distribution agreement in France and Poland, I am delighted to extend our historic partnership with Netflix to Africa,” said Pascale Chabert, Chief Content Acquisition Officer of CANAL+. “This agreement strengthens CANAL+’s super-aggregation model and brings unmatched entertainment value to millions of African subscribers.”

The alliance underscores Africa’s growing importance in the global streaming economy, as both companies target the continent’s youthful population, expanding internet access, and appetite for diverse content.

For Netflix, the partnership creates an opportunity to deepen its market penetration amid economic pressures and rising subscription prices in regions like Nigeria and South Africa. By leveraging CANAL+’s strong regional distribution, Netflix aims to reach more households across French-speaking Africa.

“We’re thrilled about this extension with CANAL+, which will allow us to reach even more people in Francophone Africa,” said Emma Lloyd, VP Partnerships EMEA at Netflix. “It’s a big win for fans and part of our mission to deliver an even better entertainment experience.”

CANAL+ currently offers over 400 live channels, including 28 tailored for African audiences, and its latest move enhances its content portfolio with Netflix hits such as Stranger Things, Lupin, La Casa de Papel, and popular African originals like Blood & Water, Young, Famous & African, Blood Sisters, and Anikulapo.

Between 2016 and 2022, Netflix invested over $175 million in African productions, working with creators like Kunle Afolayan and Mo Abudu to bring authentic African stories to a global audience.

This strategic expansion comes as CANAL+ aggressively consolidates its footprint across Africa, with recent moves including a stake in Senegal’s Marodi TV and a takeover bid for MultiChoice. As competition heats up with local entrants like MTN’s planned streaming service, this partnership positions both CANAL+ and Netflix at the forefront of Africa’s streaming revolution.

June 7, 2025
MTN Nigeria Sets Gender Diversity Benchmark with 41.4% Female Workforce

MTN Nigeria Communications PLC has announced a remarkable leap in gender diversity, with women now making up 41.4% of its workforce—an impressive rise from 38.7% in 2023. This achievement more than doubles the industry average, positioning the telecom giant as a trailblazer in workplace inclusion within Nigeria’s ICT sector.

According to the company’s recently published 2024 Annual Report, female representation within the executive management team has also climbed to 46.7%, underlining MTN’s dedication to fostering inclusive leadership. This progress aligns with the company’s broader “Ambition 2025” strategy, which prioritizes talent development, innovation, and sustainability.

MTN Nigeria attributes its success in gender inclusion to impactful initiatives like the “Women in Tech” programme, designed to equip women with in-demand skills in Cloud Computing, Software Engineering, Artificial Intelligence, Machine Learning, Data Science, and Cyber Security. Another standout initiative is the “MTN Y’ello Mums Internship Programme”, which supports new mothers returning to the workforce after career breaks.

The company’s efforts have not gone unnoticed. Odunayo Sanya, Executive Director of the MTN Foundation, was named CSI Personality of the Year at the Nigeria Tech Innovation & Telecoms Awards (NTITA), while Company Secretary Uto Ukpanah received the Global Corporate Secretary of the Year Award from the Corporate Secretaries International Association (CSIA).

Speaking at a recent conference, Sanya underscored the company’s commitment to responsible business practices:

“Businesses today need to be purpose-driven. While the soul of business is profitability, it is not profitability alone that should matter to stakeholders.”

Ukpanah added:

“Showcasing our corporate values and ethos to the world opens the door for greater collaboration. Governance is evolving, and today’s expectations around accountability are much higher than a decade ago.”

MTN Nigeria’s diversity and corporate responsibility initiatives have earned it multiple recognitions, including the Corporate Responsibility Award and the prestigious Employer of the Year title at the 4th Nigeria Employers’ Consultative Association (NECA) Employers’ Excellence Awards.

Commenting on the company’s cultural evolution, CEO Karl Toriola stated:

“Since launching our culture transformation journey in 2021, employee engagement and organisational cohesion have soared. This transformation fuels not just performance, but also long-term sustainable value creation for all stakeholders.”

As MTN Nigeria continues to advance its inclusive growth strategy, it sets a strong example for corporate Nigeria and the global ICT industry.

June 7, 2025