Premiere platform for digital tech news, business insights & expert analysis.

Category: Tech

Leo Stan Ekeh Speaks on Vision, Legacy and Tech Nation-Building
Visionary entrepreneur and Chairman of Zinox Group, Leo Stan Ekeh, has reaffirmed his enduring commitment to building Nigeria’s digital economy, revealing that the founding of Zinox was driven by a desire to inspire confidence, create infrastructure, and empower the next generation of digital leaders.

Speaking recently to a gathering of entrepreneurs and tech professionals, Ekeh reflected on his decades-long journey and what inspired his decision to return to Nigeria despite lucrative job offers from global tech giants like Apple after his studies in India and Ireland.

“I chose to come back and build from the ground up because I wanted to create faith in our digital economy,” Ekeh stated. “It was never about quick profit—it was about preparing Nigeria for the digital future.”

The Making of a Tech Titan

Ekeh’s career has been marked by disruptive innovations that have shaped Nigeria’s ICT landscape. In the early 1990s, he modernized Nigeria’s publishing and multimedia sectors by introducing desktop publishing and computer graphics, transforming operations in leading institutions like University Press, Punch, Daily Times, and Vanguard.

He then went on to pioneer major technological deployments in Nigeria’s energy, banking, and electoral systems—playing a historic role in digitizing Nigeria’s elections through a massive ICT rollout with INEC in 2010. This single project was one of the biggest digital deployments in Africa and brought credibility to Nigeria’s voting process.

Driving Global Partnerships & Local Impact

Through Zinox Group, Ekeh has facilitated strategic partnerships with leading global OEMs including HP, Dell, Microsoft, Apple, Cisco, Lenovo, Samsung, and more—laying the groundwork for a thriving digital ecosystem. Today, Nigeria benefits from an influx of technological expertise, local job creation, and increased competitiveness due to these global relationships.

His influence isn’t limited to Nigeria. In Gambia, he delivered the country’s largest e-library and wireless cloud infrastructure project. In Guinea Bissau, Zinox also led a successful nationwide digital rollout for the country’s elections.

Zinox Group: From Local Startup to Global Conglomerate

What began as a tech hardware company has evolved into a diversified business empire. Zinox Group now spans e-commerce, pharmaceuticals, real estate, entertainment, and ICT infrastructure, standing as one of Africa’s most impactful tech-driven conglomerates.

Despite challenges—ranging from financial loss, sabotage, and blackmail—Ekeh has remained unwavering. His legacy is now inseparable from Nigeria’s digital transformation story.

Impact in Numbers: Nigeria’s Digital Boom
- ICT now contributes 19.78% to Nigeria’s GDP
- Over 163 million internet users
- ₦611 trillion in fintech transactions processed in 2023
- E-commerce exceeding $13 billion annually
- Digital economy valued at over $700 billion
These milestones stand in stark contrast to the 1990s, when internet access was under 0.5%, and tech infrastructure was nearly nonexistent.

Empowering the Future: Women in Tech

In a major push for inclusion, Ekeh has championed female tech empowerment. In March 2024, he celebrated the graduation of 400 female tech professionals, unveiling an ambitious plan to train 10,000 women in tech within five years, addressing the gender gap in Nigeria’s tech space.

Message to Young Entrepreneurs: Purpose Over Profit

Ekeh’s advice to emerging founders is clear: focus, integrity, and nation-building should come before short-term gains. He cautioned against emulating corrupt elites and instead urged youth to build enduring systems that benefit Nigeria’s long-term development.

🟢 Bottom Line:

Leo Stan Ekeh’s journey—from rejecting Silicon Valley offers to becoming a cornerstone of Nigeria’s digital economy—is a blueprint in tech leadership, resilience, and patriotism. As Nigeria’s digital future accelerates, his legacy as a nation-builder continues to inspire a new generation of innovators.
June 23, 2025
Titans of Tech 2025 to Spotlight AI, Youth Innovation, Gender Equity & Digital Transformation
The stage is set for one of Africa’s most transformative tech gatherings as the Titans of Tech Conference & Expo 2025 enters its final countdown. Holding on July 25, 2025, at the Oriental Hotel, Lekki, Lagos, the highly anticipated event promises a dynamic convergence of innovators, policymakers, tech leaders and disruptors shaping the future of Africa’s digital economy.

Under the theme “Game Changers”, this year’s edition will spotlight bold conversations and cutting-edge solutions across AI, telecom infrastructure, grassroots finance, and gender equity in tech.

🔍 What to Expect:

From unlocking the power of artificial intelligence to fortifying national telecom infrastructure, the conference agenda is designed to challenge norms and spark game-changing impact:
- AI Unleashed: Powering Africa’s Next-Gen Ecosystem
  A critical look at how AI is revolutionizing education, security, agriculture, and the creative economy—while promoting ethical, inclusive innovation.
- NextGen Innovators: Empowering Digital Youth for a Smarter Africa
  A spotlight on Africa’s young digital natives who are building startups, gaming empires, and social tech platforms that are changing lives and economies.
- Women Who Code, Build and Lead
  A powerful panel featuring female trailblazers in STEM, startups, and boardrooms—exploring how to bridge the gender gap in Africa’s tech leadership.
- The Rise of Agency Banking
  How last-mile financial services are unlocking entrepreneurship and economic potential at the grassroots.
- Fortifying Telecom Infrastructure: Safeguarding National Assets
  A must-attend session for regulators and industry stakeholders focused on protecting critical digital infrastructure in a time of rising cyber threats.
- Digital Economy as Catalyst for Innovation, Investment & Inclusion
  Policy, capital, and platforms: how to build a truly inclusive African digital economy that leaves no one behind.
🎤 Key Highlights:
- World-class keynotes and panel sessions
- Product unveilings from top tech brands
- A dedicated Women in Tech showcase
- High-impact youth innovation sessions
- Media spotlight sessions and networking lounges
👉 The event will be rounded off the same day with the prestigious Titans of Tech Awards and Game Changers Gala Night. Aptly nicknamed “The Tech Grammy,” the Titans of Tech Awards is now in its 21st edition, making it the longest-running technology award ceremony in Sub-Saharan Africa. The gala night will celebrate exceptional individuals, companies, and public institutions driving innovation, digital transformation, and inclusive growth across the continent.

🗓️ Save the Date:

📍Date: July 25, 2025
📍Venue: Oriental Hotel, Lekki, Lagos
📍Theme: Game Changers: Powering the Future of Tech in Africa
June 23, 2025
SBM Report Slams Gaps in Bosun Tijani’s Telecom Strategy
A new report by policy think tank SBM Intelligence has spotlighted significant lapses in the handling of Nigeria’s telecommunications sector under the stewardship of Dr. Bosun Tijani, Minister of Communications, Innovation, and Digital Economy.

The report, titled “Signal Strength: The Past, Present, and Future of Nigerian Telecom,” critiques the disconnect between the Ministry’s digital ambitions and real-world execution, warning that despite bold initiatives like the 3 Million Technical Talent (3MTT) programme, critical issues plaguing the telecom industry remain unresolved.

While Dr. Tijani has championed innovation and a tech-forward vision for Nigeria, SBM noted his limited experience in core telecommunications infrastructure may be hampering progress in a sector vital to Nigeria’s digital transformation.

“A minister without a comprehensive understanding of core telco operations might find it difficult to translate broad digital goals into effective policies that genuinely support the underlying infrastructure,” the report stated.

Unfulfilled Policy Promises

One key area of concern is the implementation of the Critical National Information Infrastructure (CNII) Protection policy. Although President Tinubu officially designated telecom infrastructure as CNII in 2024, telcos continue to suffer attacks and vandalism.

Operators blame this on poor policy enforcement and the government’s failure to assign a dedicated security agency to oversee the protection mandate—exposing a widening gap between policy announcement and practical execution.

In addition, SBM highlighted persistent structural issues undermining the sector’s viability, including:
- Multiple taxation,
- Excessive Right-of-Way (RoW) charges,
- Macroeconomic challenges such as high inflation, diesel costs, and naira devaluation.
These hurdles continue to disincentivize private investment—even as the government aims for $3 billion in telecom infrastructure funding and 90,000km of fibre optic cable rollout.

Comparison with Past Leadership

The report also evaluated the tenure of former Minister Dr. Isa Pantami. While Pantami faced backlash for policies like the controversial NIN-SIM linkage and internet shutdown orders—which reportedly cost Nigeria $366.9 million in 2021 alone—he also oversaw key successes.

Under Pantami, Nigeria launched its National Digital Economy Policy and Strategy (NDEPS), facilitated the rollout of 5G technology, and generated over N1 trillion in sector revenue.

Roadmap for Recovery

To reposition the telecom sector for growth, SBM Intelligence issued a number of urgent recommendations:
- Prioritize the telecom sector in CBN’s forex allocations;
- Assign a specific security agency to protect telecom infrastructure;
- Reduce right-of-way and taxation bottlenecks to attract private investment;
- Institutionalize public consultations on tariff hikes via the Nigerian Communications Commission (NCC);
- Promote stronger coordination among government agencies, industry players, and civil society to ensure sustainable telecom policy.
As Nigeria pushes forward with its digital transformation agenda, SBM’s report underscores the need for a more grounded and collaborative approach—one that aligns high-level vision with operational reality.
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
5 Reasons to Attend the 2025 Digital PayExpo – June 17–19

The countdown has begun for Digital PayExpo 2025, one of Africa’s leading fintech and digital payment events, set to hold from June 17 to 19, 2025 at the prestigious Eko Hotel Convention Centre, Victoria Island, Lagos, with the theme: “Beyond Borders – Digital Trade and Payment”.

Now in its 25th edition, this year’s expo promises to be bigger, bolder, and more transformative, bringing together innovators, regulators, banks, startups, and global tech brands shaping the future of digital finance in Africa.

Here are five compelling reasons why you should not miss #DigitalPayExpo2025:

1. Meet Fintech Innovators

The expo will host over 70 thought leaders and keynote speakers across financial technology, AI, cybersecurity, blockchain, and digital identity. Gain firsthand insights into the trends, disruptions, and investment opportunities shaping the future of digital commerce.

2. Explore a Dynamic Tech Exhibition

More than 100 top brands and startups will showcase cutting-edge solutions—from payment infrastructure and APIs to insurtech, mobile wallets, and embedded finance. It’s the ultimate playground for product demos, tech discovery, and strategic partnerships.

3. High-Impact Networking Opportunities

Connect with over 2,500 delegates including C-level executives, regulators, developers, fintech founders, and digital payment professionals from across Africa, Europe, and the Middle East. Whether you’re closing deals or forging partnerships, the networking is unrivaled.

4. Actionable Insights Through Masterclasses & Panels

This year’s theme—“Beyond Borders – Digital Trade and Payment”—will be explored through engaging breakout sessions, panel discussions, and industry-led masterclasses. Learn how to scale your solutions, manage compliance, and leverage AI for next-gen finance.

5. Lagos Vibes Meets Tech Excellence

Hosted in the vibrant city of Lagos, the Digital PayExpo blends the best of African hospitality, tech brilliance and cultural experience.

About Digital PayExpo
Digital PayExpo is West Africa’s leading conference and exhibition focused on digital payment, fintech, and financial innovation. Held annually by Intermarc Consulting in Lagos, the event serves as a hub for knowledge sharing, product showcases, and cross-sector collaboration.

June 16, 2025
FG, Meta Launch AI Accelerator to Drive Innovation in Nigeria

In a strategic move to advance artificial intelligence (AI) innovation in Nigeria, the Federal Government has partnered with global tech giant, Meta, to launch the Llama Impact Accelerator—a program aimed at supporting early-stage startups building impactful AI solutions.

The initiative, announced through the Federal Ministry of Communications, Innovation & Digital Economy (FMCIDE) in collaboration with the National Centre for Artificial Intelligence and Robotics (NCAIR) and the National Information Technology Development Agency (NITDA), is an eight-month accelerator programme designed to empower innovators using Meta’s open-source Llama models.

Startups will focus on solving national challenges across four priority sectors: agriculture, healthcare, security & safety, and a wild card category, encouraging groundbreaking applications of AI in any other high-impact domain.

The programme includes an intensive six-week incubation phase offering technical training and mentorship from leading AI experts. This will be followed by six months of extended support, giving teams access to resources, expert guidance, and exposure opportunities to scale their solutions.

Meta’s Head of Public Policy for Anglophone West Africa, Sade Dada, said the initiative underscores Meta’s commitment to nurturing local innovation:

“We’re excited to partner with the Ministry to launch this AI Accelerator in Nigeria. By making open-source AI more accessible and relevant to local challenges, we aim to enable the development of solutions that can drive real impact in communities.”

Minister of Communications, Innovation & Digital Economy, Dr. Bosun Tijani, described the partnership as a key milestone in building a vibrant AI ecosystem in Nigeria.

“We see AI as a crucial enabler for national development, and this collaboration with Meta equips our innovators with the tools and support needed to address critical challenges,” he said.

Also speaking, Meta’s Safety Policy Manager for Africa, Middle East & Turkey, Sylvia Musalagani, highlighted the importance of digital safety:

“We’re proud to bring these resources to Nigeria to help families navigate online spaces more safely while fostering innovation.”

The Llama Impact Accelerator stands as a significant step toward localizing AI development and positioning Nigeria as a leader in tech-driven solutions across Africa.

June 14, 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
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
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
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
How Nigerian Government Agencies Are Driving Tech Innovation and Economic Growth
From January 2024 to May 2025, Nigeria witnessed an unprecedented surge in technology-driven initiatives, led by federal government agencies under the leadership of President Bola Ahmed Tinubu. With a renewed vision for a digitally inclusive and innovation-powered economy, Ministers Dr. Bosun Tijani (Communications, Innovation and Digital Economy) and Uche Nnaji (Innovation, Science and Technology) spearheaded nationwide reforms that touched on digital infrastructure, cybersecurity, identity systems, scientific research, and startup support.

USPF Leads Nationwide Digital Access Push

In May 2025, the Universal Service Provision Fund (USPF) launched the USPF Impact Alliance, deploying:
- 1,259km of optical fibre
- 682 base stations
- 3,785 institutions connected with aggregated bandwidth
- Broadband access in 72 underserved communities
It also delivered an Emerging Technologies Centre to OGITECH in Ogun State, expanding access to computers, digital tools, and connectivity.

NCC Safeguards Telecoms and Consumers

The Nigerian Communications Commission (NCC):
- Partnered with IXPN to protect fibre infrastructure
- Mandated data transparency, simplified tariffs, and SIM/NIN integration (153M SIMs linked)
- Advanced telecom Quality of Service (QoS) and Data Protection with NDPC
- Launched rural connectivity projects, research grants, and digital literacy training
NIPOST Goes Cashless, Boosts Revenue

NIPOST recorded a 275% revenue increase in 2024 by curbing leakages and digitising payment systems. Key milestones include:
- Full transition to cashless operations by July 1, 2025
- Launch of Easy Life Account to drive financial inclusion
- New licenses for logistics firms (Q2 2025)
- Partnerships with KLM Airlines, CBN, Benin/Togo, and Lagos State to improve delivery and cross-border payments
NIMC’s New National ID and Cybersecurity Suite

NIMC launched NINAuth, a secure identity verification suite. Highlights:
- Planned launch of a new National Identity Card usable for payments, services, and financial access
- 250 million-capacity database upgrade
- Reduced NIN fraud by 40%
- New collaborations with Agriculture Ministry (for farmer registry) and UBEC (for school identity integration)
AI, Research, and Startup Ecosystem Expansion

CPN set out to train 1.5M Nigerians with digital skills, launching a Digital Skill Trainer Certification Programme.

NDPC teamed up with IOM to strengthen immigration data and privacy compliance.

SHESTCO developed an AI-powered hemoparasite detection system that won a silver AI award and started building a cutting-edge Applied Mathematics & Simulation Centre.

Agricultural Innovation and Local Tech Production

NBRDA (formerly NABDA) commercialised TELA Maize, while developing biotech variants of cassava, rice, and sorghum.

NASENI powered industrial-scale innovation:
- Launched Innovate Naija to fund and scale local prototypes
- Produced Made-in-Nigeria laptops, phones, solar systems, and diagnostic kits
- Built Nigeria’s first Rapid Diagnostic Kit factory
- Offered EVs, tricycles, and CNG-powered vehicles (in partnership with Pi-CNG)
Other initiatives:
- Irrigate Nigeria for solar-powered farming
- DELT-Her Phase II to double women engineers
- NABTEB partnership to digitise exams
Startups, Tech Hubs, and Incubation Projects

NOTAP and NBTI launched Project NOVA and NextGen Innovation Challenge 2025 respectively, building hubs in all geopolitical zones and supporting grassroots innovators with funding and patents.

Space, Satellites, and Digital Broadcasting

NASRDA fast-tracked satellite replacements and is preparing the first Nigerian in space (with Blue Origin). With NGN20 billion in funding, it launched its licensing framework in May 2025.

NIGCOMSAT:
- Rolled out DSO Big Picture satellite-TV to 5 million homes
- Started N2a/N2b satellite projects
- Partnered with Eutelsat and Hotspot Network to deepen broadband access
NITDA Scales Literacy, Blockchain, and Cybersecurity

NITDA trained 270,000 citizens under 3MTT, built 222 ICT centres, and planned 1,600 more. Key policies and initiatives include:
- AI roadmap, Blockchain policy, and National Public Key Infrastructure (NPKI)
- NGN11M digital innovation competition
- Commissioning of cybersecurity and IT hubs across states
NACETEM, Space-Tech and Sectoral Research

NACETEM partnered with NITT on transport technology, trained women and youth in welding, ICT, and leather technology. It also launched a Remote Data Centre for STI Statistics and supported hospital tech digitisation.

Final Thoughts: Nigeria’s Future Is Digital

President Tinubu’s second year in office marks a historic acceleration of Nigeria’s transition to a digital-first, innovation-led economy. With over a dozen government agencies firing on all cylinders — from identity to space tech, broadband to biotech — the foundation is firmly laid for a more connected, secure, and economically empowered Nigeria.

🇳🇬 The tech revolution is no longer coming — it is here.
June 6, 2025
Elon Musk’s Tesla Suffers $150 Billion Loss Amid Explosive Feud with Donald Trump

Tesla Inc. has taken a significant hit, losing over $150 billion in market value, after a public spat between CEO Elon Musk and former U.S. President Donald Trump rattled investor confidence.

The electric vehicle giant’s shares plunged by more than 14% on Thursday, closing at $284.70, bringing Tesla’s valuation below $900 billion. The decline also impacted the broader tech sector, with the Nasdaq Index dropping by 0.8%.

The tension erupted after Musk, former head of the Department of Government Efficiency (DOGE), publicly criticized a Republican-supported tax bill as a “disgusting abomination,” while also asserting that Trump’s 2016 election victory was partly due to his support. Musk later announced his resignation from the department.

In retaliation, Trump threatened to revoke federal subsidies and government contracts associated with Musk’s companies, including Tesla and SpaceX.

The fallout has raised concerns about Tesla’s future, especially its highly anticipated autonomous robotaxi launch set to begin in Austin, Texas, later this year, with plans to expand nationwide by 2026.

Compounding Tesla’s challenges, recent reports indicate slowing sales in Europe, while scrutiny intensifies around the company’s Autopilot system, following the resurfacing of a fatal 2023 crash allegedly linked to the software.

The share price slump also slashed Elon Musk’s net worth by nearly $27 billion, though he still holds the title of the world’s richest person.

Stay tuned for updates as this high-stakes tech-politics standoff unfolds.

June 6, 2025
Anambra State Cracks Down on Illegal Internet Providers to Sanitize Digital Infrastructure

The Anambra State Government has commenced a statewide crackdown on illegal Internet Service Providers (ISPs) operating without regulatory approval, as part of efforts to streamline and secure the state’s digital infrastructure.

This decisive action was announced in a joint statement by Mr. Chike Maduekwe, Managing Director of the Anambra State Physical Planning Board (ANSPPB), and Mr. Chukwuemeka Fred Agbata, Managing Director of the Anambra State ICT Agency.

According to the officials, the enforcement drive comes in response to widespread reports of unauthorized sidewalk and road excavations, as well as illegal erection of poles by unlicensed ISPs.

“This initiative aims to sanitize the digital landscape by ensuring only certified and duly registered ISPs, licensed by the Nigerian Communications Commission (NCC), are allowed to operate,” the statement read.

The move aligns with Governor Chukwuma Soludo’s vision to promote responsible technology use while safeguarding public infrastructure and enhancing service delivery.

Clampdown Not Targeting Legitimate Businesses

The government emphasized that the operation is not meant to stifle genuine business activities. Instead, it aims to enforce compliance with national regulatory standards and protect the investments of legitimate ISPs.

“Any business intending to offer internet services in Anambra must follow due process,” the agencies noted.

To support this initiative, the government has activated two hotlines — 08062533672 and 02014143039 — through which residents can report illegal or suspicious ISP activities.

Backing for Compliant Tech Enterprises

The statement also reaffirmed Anambra’s commitment to supporting tech businesses that adhere to regulatory guidelines and contribute to the state’s digital transformation goals.

Why It Matters

Industry reports show that Nigeria’s ISP ecosystem is under pressure. In June 2024 alone, 12 licensed ISPs voluntarily gave up their licenses, bringing the total number of active ISPs to 242 by July — down from 252 in May.

The Nigerian Communications Commission (NCC) attributes this trend to factors such as high bandwidth costs, limited spectrum access, burdensome right-of-way fees, and unfair competition from major mobile network operators like MTN, Airtel, and Glo.

Independent ISPs, most of whom are indigenous providers, play a vital role in Nigeria’s broadband penetration goals but face significant regulatory and financial challenges.

As such, Anambra’s latest move is being seen as part of a broader effort to create a fair, secure, and enabling environment for responsible broadband providers.

June 6, 2025
NIMC Refutes Claims of Blocking Police Access to NIN Verification Platform

The National Identity Management Commission (NIMC) has dismissed reports suggesting that the Nigeria Police Force (NPF) or the Police Service Commission (PSC) is unable to access its National Identification Number (NIN) verification platforms, calling the claims “misleading and inaccurate.”

In a statement issued by Dr. Kayode Adegoke, Head of Corporate Communications at NIMC, the Commission assured Nigerians that all its identity verification platforms remain fully operational and accessible to authorized government agencies, including security institutions.

“The NIMC granted verification access to all Nigerian Police formations for the verification of the National Identification Number (NIN),” the statement said, adding that “the NPF, PSC, and other security agencies have been enjoying uninterrupted verification services for over five years.”

Long-Standing Collaboration with Police

The Commission emphasized its longstanding partnership with the Police and the PSC, noting that its verification platform has played a key role in recruitment exercises and law enforcement operations.

NIMC clarified that it has never received complaints from either the NPF or the PSC regarding system inaccessibility. It also stated that the Nigeria Police ICT Department continues to manage the technical integration enabling real-time NIN verification across all police formations.

The agency explained that recent updates to its verification framework—carried out in conjunction with the Office of the National Security Adviser (ONSA)—were intended to improve standardization and enhance service delivery across board.

“Any service interruption experienced by the PSC may be due to internal matters,” NIMC noted.

Commitment to National Security

Reiterating its commitment to national security and seamless identity verification, NIMC said it will continue supporting partner agencies in the areas of recruitment, cybercrime control, and national intelligence mapping.

The Commission urged all authorized agencies to adhere strictly to agreed terms and conditions to ensure continued, uninterrupted access.

Background

The controversy began earlier this week when the Chairman of the Police Service Commission, retired DIG Hashimu Argungu, expressed concerns over the Commission’s inability to access the NIMC database during a courtesy visit to the Nigeria Data Protection Commission (NDPC).

According to a PSC statement, Argungu appealed to the National Commissioner of the NDPC, Dr. Vincent Olatunji, to help facilitate database access, stressing that it is crucial for verifying the identities of applicants in the 2025 police recruitment exercise.

June 6, 2025
Top 7 Most-Downloaded Loan Apps in Nigeria as of May 2025 — Who’s Leading the Digital Lending Race?

Digital lending platforms—commonly known as loan apps—have become a major force in Nigeria’s fast-evolving credit ecosystem. Despite ongoing scrutiny around their interest rates and recovery tactics, millions of Nigerians continue to rely on these apps for fast, collateral-free loans.

The rise in demand has spurred massive growth in the number of licensed digital lenders. As of May 2025, Nigeria boasts 425 licensed digital lending firms—up from 320 in the previous year—according to data from the Federal Competition and Consumer Protection Commission (FCCPC) and the Central Bank of Nigeria (CBN). Of these, 362 lenders have received full approval, 42 hold conditional licenses, and 21 are CBN-certified.

While this boom has improved financial access, it has also fueled concerns about over-indebtedness, as borrowers often juggle multiple loans across different apps. Still, some apps stand out as consumer favorites based on sheer download volume on the Google Play Store.

Here are the Top 7 Most-Downloaded Loan Apps in Nigeria as of May 2025:

1. Branch – 10 Million+ Downloads

Branch leads the pack with over 10 million downloads. It offers fast, unsecured personal loans from ₦2,000 to ₦1,000,000. Loan eligibility is determined via smartphone data and user history. Monthly interest rates range from 17% to 40%, with disbursement typically within 12 hours.

2. FairMoney – 10 Million+ Downloads

FairMoney is another crowd favorite with over 10 million downloads. It promises quick loans within five minutes, without documentation or collateral. Users can access ₦1,500 to ₦3 million, repayable over 61 days to 18 months. Monthly interest rates range from 2.5% to 30%.

3. Palmcredit – 10 Million+ Downloads

Palmcredit has gained traction with over 10 million downloads. It provides loans up to ₦300,000 in under three minutes—no collateral needed. APR ranges from 24% to 56%. For instance, borrowing ₦100,000 for six months at 4% monthly interest brings a total repayment of ₦124,000.

4. OKash – 10 Million+ Downloads

Owned by Blue Ridge Microfinance Bank, OKash offers quick online loans ranging from ₦3,000 to ₦1,000,000. With over 10 million downloads, it features daily-calculated interest rates between 3% and 15%, which translates to an APR of 36.5% to 360%.

5. Carbon – 5 Million+ Downloads

Carbon is a full-service digital finance platform with over 5 million downloads. Loans range from ₦2,500 to ₦1 million, repayable over 61 days to 12 months. Monthly interest rates vary between 4.5% and 30%. A ₦1 million loan over 12 months totals ₦1.54 million repayment.

6. Newcredit – 5 Million+ Downloads

Newcredit offers AI-driven personal loans without collateral, up to ₦300,000. The app analyzes bank transaction SMS and credit history for eligibility. Loans span 91 to 365 days, with a 4% monthly interest rate. It has exceeded 5 million downloads.

7. EaseMoni – 5 Million+ Downloads

Also operated by Blue Ridge Microfinance Bank, EaseMoni has crossed the 5 million download mark. The platform serves over 6 million users, offering loans from ₦3,000 to ₦2 million with APRs ranging from 60% to 120%. Monthly interest rates sit between 5% and 10%.

Final Note

While many other loan apps in Nigeria have surpassed the 1 million download milestone, these seven stand out for surpassing the 5 million mark—with some already doubling that figure. As digital credit continues to evolve, these platforms are shaping how Nigerians access short-term financing.

June 5, 2025
Nigeria’s Internet Subscribers Drop to 141.9 Million, Data Consumption Declines

Nigeria’s internet landscape is witnessing a slowdown, as the latest data from the Nigerian Communications Commission (NCC) reveals a drop in internet subscriptions and data usage.

According to the NCC’s industry report, internet subscribers fell to 141.98 million in April 2025, a slight decrease from 142.16 million in January. This represents a 0.12% decline, or 176,202 fewer users, within the first quarter of the year.

The breakdown shows that the GSM network segment accounted for 141.47 million of these users, while fixed wired and Voice over Internet Protocol (VoIP) platforms made up the remainder.

MTN and Airtel Gain, Glo and 9mobile Lose Ground

A deeper look into the numbers indicates mixed performances among Nigeria’s leading telcos. MTN Nigeria added 2.24 million internet subscribers, growing from 73.7 million in January to 75.95 million in April. Airtel Nigeria also saw growth, adding 445,854 new subscribers to reach 48.93 million.

However, Globacom and 9mobile recorded a decline in internet subscriptions over the same period, contributing to the overall dip in national figures.

Broadband Penetration Sees Uptick

Despite the drop in overall internet users, Nigeria’s broadband penetration improved, rising from 45.61% in January to 48.15% in April. This indicates a steady expansion of high-speed internet access across the country.

Telephony Services on the Rise

The report also showed that telephony service subscriptions climbed to 172.94 million in April, up from 169.31 million in January — a gain of over 8 million users in just three months.

Data Consumption Falls Amid Tariff Hike

The NCC also noted a drop in total data consumption across the country. Between January and April, data usage fell by 17,647 terabytes, from 1,000,930.6 TB in January to 983,283.43 TB in April — marking a 1.76% decline.

This reduction follows the January 20 tariff adjustment, which allowed telecom providers to increase prices by up to 50%, likely prompting consumers to cut back on data usage.

4G Dominates, 5G Usage Still Nascent

In terms of network generation, 4G technology accounted for 49.2% of total internet usage, while 3G made up 8.25%. 5G, still in its early stages, contributed just 2.81% to national usage.

June 5, 2025

hacklink setrabet setrabet giriş setrabet güncel giriş setrabet güncel betbigo betbigo betbigo giriş betbigo güncel giriş betbigo güncel betlike betlike giriş betlike güncel giriş grandbetting grandbetting giriş grandbetting güncel grandbetting güncel giriş betlike güncel betlike betlike giriş betlike güncel betlike güncel giriş timebet timebet giriş timebet güncel timebet güncel giriş tlcasino tlcasino giriş tlcasino güncel giriş tlcasino güncel wbahis wbahis giriş wbahis güncel wbahis güncel giriş atlasbet atlasbet giriş atlasbet güncel giriş atlasbet güncel betticket betticket giriş betticket güncel betticket güncel giriş royalbet royalbet giriş royalbet güncel giriş royalbet güncel setrabet setrabet giriş setrabet güncel setrabet güncel giriş lordbahis lordbahis giriş lordbahis güncel lordbahis güncel lordbahis güncel giriş bahislion bahislion giriş bahislio güncel bahislion güncel giriş masterbetting masterbetting giriş masterbetting güncel giriş masterbetting güncel roketbet roketbet giriş roketbet güncel giriş maksibet maksibet giriş maksibet güncel maksibet güncel giriş nitrobahis nitrobahis giriş nitrobahis güncel nitrobahis güncel giriş betkolik betkolik giriş betkolik güncel betkolik güncel giriş betoffice betoffice giriş betoffice güncel giriş betoffice güncel casival casival giriş casival güncel giriş casival güncel tlcasino tlcasino giriş tlcasino güncel giriş casinolevant casinolevant giriş casinolevant güncel giriş bets10 bets10 giriş bets10 güncel giriş bahiscasino bahiscasino giriş bahiscasino güncel bahiscasino güncel giriş royalbet royalbet giriş royalbet güncel giriş royalbet güncel betmarino betmarino giriş betmarino güncel betmarino güncel giriş palacebet palacebet giriş palacebet güncel palacebet güncel giriş betlike betlike giriş betlike güncel giriş betnis betnis giriş betnis güncel betnis güncel giriş betoffice betoffice giriş betoffice güncel giriş parmabet parmabet giriş parmabet güncel parmabet güncel giriş tlcasino tlcasino giriş tlcasino güncel giriş winxbet winxbet giriş winxbet güncel winxbet güncel giriş gobahis gobahis giriş gobahis güncel gobahis güncel giriş betticket betticket giriş betticket güncel giriş betticket güncel wbahis wbais giriş wbahis güncel wbahis güncel giriş casival casival giriş casival güncel giriş jojobet jojobet giriş jokerbet jokerbet giriş masterbetting masterbetting giriş masterbetting güncel giriş betkolik betkolik giriş casinolevant casinolevant giriş casinolevant güncel casinolevant güncel giriş wbahi wbahis giriş wbahis giriş wbahis güncel wbahis güncel giriş setrabet setrabet giriş setrabet güncel setrabet güncel giriş lordbahis lordbahis giriş lordbahis güncel lordbahis güncel giriş bahislion bahislion giriş bahislion güncel bahislion güncel giriş vidobet vidobet giriş vidobet güncel vidobet güncel giriş romabet romabet giriş romabet güncel romabet güncel giriş betmabet betmabet giriş betmabet güncel betmabet güncel giriş oslobet oslobet giriş oslobet güncel oslobet güncel giriş betpipo betpipo giriş betpipo güncel betpipo güncel giriş