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9mobile Assures Entrepreneurs, Tech Start-ups of Support

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By Dipo Olowookere

Acting Managing Director of 9mobile, Mr Stephane Beuvelet, has reaffirmed the company’s support for young entrepreneurs and technology start-ups in Nigeria.

Speaking recently at the launch of the Vatebra Tech Hub, Ajah, Lagos, Mr Beuvelet said 9mobile, known as an innovative and youth-focused telecommunications firm, will continue to assist entrepreneurs in the country to achieve their growth and development plans in a competitive global economy.

He said 9mobile remains committed to young entrepreneurs, start-ups and MSMEs, and will not relent in supporting their dreams and aspirations.

The Vatebra Tech Hub was created by Vatebra Limited, with funding from the Bank of Industry and network support from 9mobile. The hub was designed to host technology-driven start-ups and provide them with the resources, mentorship and support required to grow.

“9mobile is very proud to be associated with this transformative initiative because a tech-hub will enable Nigerian youth to unleash their potentials. We know there are talented people in Nigeria and this is one of the places that will allow ICT start-ups to flourish and deliver the level of innovation that they are capable of,” Mr Beuvelet said.

He added that as an enabler of individuals and enterprises, the platform’s goals align with those of 9mobile, stressing that, “Our core value is innovation and we express this by raising the bar and fulfilling the aspirations of young entrepreneurs.”

“We are here as enablers; providing best-in-class internet services, because what is important to young entrepreneurs is to be connected to the world 24-7, and be able to compete on a global scale,” he said, while pledging continued support for local content and ICT development in Nigeria,” Mr Beuvelet added.

Also speaking on the occasion, Managing Director of Bank of Industry, Mr Olukayode Pitan, disclosed that the tech-hub was “targeted at promoting skill development, youth entrepreneurship and job creation, using new technology and innovation. BOI’s mission is to transform Nigeria’s industrial sector so that new businesses will emerge as existing ones thrive.”

On his part, Lagos State Governor, Mr Babajide Sanwo-Olu, reiterated that technology development, a core pillar of his campaign, will receive the needed attention under his administration.

Mr Sanwo-Olu, who was represented by the Commissioner for Science and Technology, Mr Hakeem Fahm, thanked BOI, Vatebra Hub and 9mobile for partnering on the project while reaffirming his commitment to the development of technology in the state.

“Technology is right there in my front; it is in my heart because of its importance to this age and the future. We will empower people to drive Lagos State with technology. The future of our country is not oil, it is our young people, and when you give them the right education, they will move our country forward,” he said.

The Vatebra Hub, a Bank of Industry (BOI) Corporate Social Responsibility (CSR) initiative, provides tech developers and entrepreneurs with affordable access to facilities such as constant power, high speed internet and comfortable workspaces, which are essential to innovation and the development of world class tech solutions.

9mobile was selected by BOI to provide high speed and high capacity internet services at the hub in recognition of its superior quality of service.

In over 10 years of operation, 9mobile has leveraged technology to bolster knowledge and skill acquisition amongst Nigerians. Apart from providing cutting edge tech-based solutions for corporates, start-ups and individuals, 9mobile also contributes to local content development in the tech space across Nigeria.

A key ICT competency development initiative by 9mobile is the CodeLagos program which is offered in partnership with the Lagos State Government and seeks to train at least one million Lagos residents to write software code by 2020.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Nigeria to Launch NIGCOMSAT Satellites in 2028, 2029

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NIGCOMSAT Satellites

By Adedapo Adesanya

Nigeria has set 2028 and 2029 as the timeline for the deployment of its new satellites, NIGCOMSAT-2A and 2B, respectively.

The Managing Director of NIGCOMSAT, which is Nigerian Communications Satellite Limited and the premier satellite operator in Nigeria, Mrs Jane Nkechi Egerton-Idehen, disclosed this at the second Nigerian Satellite Week in Abuja on Monday. She noted that the development is expected to boost military intelligence, surveillance, and regional connectivity.

“For 2A and 2B, we have started the process. We have closed the tender and are now back into the financing and implementation stage. 2A is built to come up in 2028, and 2B for 2029.

“When they are up and running, they are expected to provide security within the borders and neighbouring countries. They will support the security agencies because data collection and intelligence in real time is important. Satellites like communication satellites allow that, irrespective of where they are,” she said.

In his remarks, the Minister of Communications and Digital Economy, Mr Bosun Tijani, said the satellites form part of the nation’s strategy to strengthen digital infrastructure.

Mr Tijani explained that the satellites will complement ongoing investments in 90,000 kilometres of fibre-optic cable and nearly 4,000 telecom towers, which are being rolled out nationwide and extended to neighbouring countries, including Cameroon, Niger, Chad, Burkina Faso, and the Republic of Benin.

He stressed that satellite technology is critical for national development, affecting education, agriculture, business, and emergency response.

“The president’s approval of NIGCOMSAT-2A and 2B demonstrates a clear commitment to building the future. These satellites will enhance security, connect remote communities, and extend our fibre-optic network into neighbouring countries,” he said.

“Some of these neighbouring countries pay up to ten times more for internet capacity than Lagos. Extending our fibre network will not only improve connectivity but also enhance border security and regional collaboration.

“Satellite technology affects everything, from how a child in a rural community accesses the internet to how farmers make critical decisions and how businesses operate across distance,” the Minister said.

Also speaking, the Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, welcomed the development, saying the military will leverage the satellites for operational efficiency.

“The Nigerian Army will continue to use space assets to improve intelligence gathering, surveillance, and operational coordination across all theatres of operation,” he said at the event, represented by Major General Kennedy Osemwegie, Commander of the Nigerian Army Cyber Warfare Command (NACWC).

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Interswitch, KCB Group to Deliver Innovative Financial Solutions in East Africa

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Interswitch KCB group

By Modupe Gbadeyanka

A partnership to advance digital payments and financial inclusion across East Africa has been strengthened between Interswitch and KCB Group.

Both parties have agreed to expand digital payment infrastructure and deliver innovative financial solutions that meet the evolving needs of individuals, businesses, and institutions across the region.

The aim is to accelerate seamless, secure, and inclusive digital payments in East Africa, where the leading Africa-focused integrated payments and digital commerce enabler, Interswitch, recently announced an expansion of Verve card acceptance footprint, leveraging its consolidated partnership with KCB Group, Kenya’s largest financial services group by assets, following a similar move in Uganda through the local KCB Franchise in February 2022.

During a recent executive engagement at KCB Group headquarters in Nairobi, the chief executive of Interswitch, Mr Mitchell Elegbe, held high-level discussions with KCB leadership, including its chief executive, Paul Russo.

At the core of the strengthened collaboration is the integration of Interswitch’s robust payment rails, card scheme, and emerging digital token solutions with KCB Group’s expansive regional footprint and trusted banking franchise.

This integration enables the acceptance of Verve cards and tokenised payment solutions across KCB’s extensive merchant point-of-sale network in Kenya and Uganda, significantly enhancing everyday usability for customers while strengthening KCB’s digitally driven retail payments offering.

The consolidated partnership is expected to drive increased merchant acquisition, improve interoperability across payment ecosystems, and expand access to secure, cashless transactions. It also reinforces both organisations’ shared objective of deepening financial inclusion and accelerating digital commerce across East Africa.

“Our collaboration with KCB Group represents a powerful alignment of vision and capability. By combining our technology-driven payment solutions with KCB’s strong regional presence, we are unlocking new opportunities to scale access, drive innovation, and deliver greater value to customers across East Africa,” Mr Elegbe stated.

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Telcos to Compensate Customers for Service Disruptions—NCC

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NCC

By Adedapo Adesanya

The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) to provide compensation to subscribers whose network quality of service experience is below specified targets within specific locations.

In a Sunday statement, the commission noted that its position is that customers should not be made to bear the full burden of service disruptions where operators fail to meet prescribed standards of service delivery.

Under this directive, NCC said erring operators would compensate affected users directly for breaches of Quality of Service (QoS) Key Performance Indicators (KPIs).

Mobile Network Operators (MNOs) will be required to pay these compensations for instances of poor quality of service recorded within specified time frames.

“The compensation will be provided in the form of airtime credits, calculated based on subscribers’ average spending patterns and their presence within Local Government Areas where service failures occur”, according to the statement.

The directive is rooted in the agency’s broader regulatory philosophy that places the consumer at the centre of Nigeria’s telecommunications ecosystem.

“Telecommunications services today underpin economic activity, social interaction, and access to digital opportunities. When service quality is poor, the consequences affect productivity, commercial activities, and even public confidence in our communications system.

“While regulatory fines have traditionally served as a deterrent against poor service delivery, the Commission is adopting a more consumer-focused approach that strengthens accountability within the industry”.

The commission explained that it has designed this measure to complement existing and ongoing efforts to strengthen service quality monitoring and enforce performance standards.

Further to this directive by the commission to MNOs on compensation to consumers, the regulator has mandated Tower Companies that own the critical infrastructure, such as masts, for Quality of Service delivery, to invest in infrastructure with measurable outcomes using sums that it has fined these companies, in addition to other financial fines the Commission will deem appropriate.

“The commission will continue to reinforce the obligation of operators to invest consistently in network resilience, capacity expansion, and infrastructure upgrades to meet the growing demand for telecommunications services.

“At the same time, it will deploy regulatory tools that promote fairness, transparency, and accountability across the sector, ensuring that every subscriber receives the quality of service they deserve while sustaining a telecommunications industry capable of powering Nigeria’s digital future”, the statement added.

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