Technology
Investors Pump $68b Into Nigeria’s Telecoms Industry

By Dipo Olowookere
A total of $68 billion has been injected into the Nigerian economy from the telecommunications sector despite economic downturn in the country.
From this amount, about $35 billion came from foreign direct investments (FDI).
According to the immediate past Secretary General of the International Telecommunications Union (ITU), Mr Hamadoun Toure, who was the keynote speaker at the Nigerian Telecoms Investment Forum at the just concluded ITU Telecom World 2016, Bangkok, Thailand, these figures recorded so far in Nigeria point to the fact that “the country is certainly a preferred destination for telecommunications investors in Africa”.
Mr Toure told the audience including Communications Minister, Mr Adebayo Shittu, Governor of Kaduna State, Malam Nasir El-Rufai, Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar G. Danbatta, members of the Diplomatic Corps, Chief Executives of agencies under the Ministry of Communications and major telecommunications companies from Nigeria, Thailand, Senators and Members of the National Assembly among others that Nigeria is the place to invest because the population is large, there is political stability and a very robust telecommunications regulatory regime.
He explained that within 15 years when Nigeria opened its telecoms sector to the global community, investments have grown in leaps and from a paltry 400,000 connected lines in 2001, the country now has over 150m connected lines and a teledensity of 107 percent.
“The next growth for voice communication is in Quality of Service
“The new oil in Nigeria is ICT and data transmission is the way to go,” he said.
Mr Toure was particularly excited that while he served as Secretary General of ITU, Nigeria occupied the number one position as the fastest growing telecoms sector for five consecutive years.
He told current and potential investors that the Nigerian Communications Commission (NCC) has done a very good job with the way it has managed regulatory activities transparently and by the fact that law makers from Nigeria were also part of the audience he spoke to at the venue, underscored the importance Nigeria attaches to this sector.
He said he is more Nigerian than his native Mali because Nigeria has always led the way, adding “Nigeria should share its experience with other African countries”.
While assuring existing and potential investors in Nigeria of Government support and protection at all times, Mr Shittu, who spoke on behalf of President Muhammadu Buhari, said since Nigeria was now navigating from resource based to knowledge based economy, “we want to encourage you (the investors) to renew your confidence in our country”. “Feel free to come to Nigeria and if visa is an issue let us know. Our doors are open and the ease of doing business in Nigeria is being improved upon”
Governor El-Rufai, who served as panellist at the forum alongside Mr Danbatta, EVC of NCC, Ms Funke Opeke of MainOne Cable, Mr Ibrahim Dikko of Etisalat said technology as an enabler has helped Kaduna State to reduce land fraud and tax payments are now done online thus reducing incidents of leakages.
Mr El-Rufai, a former Minister of Federal Capital Territory told the audience that Kaduna will soon launch Smart Kaduna initiative and has contacted a major Smart phone manufacturer to introduce pocket-friendly smart phones to Kaduna to boost the smart Kaduna Initiative.
NCC boss, Mr Danbatta told the audience that the regulator has begun digital transformation through the National Broadband Plan (NBP 2013 – 2018).
The NCC boss explained that since broadband is the catalyst for social and economic transformation, saying “we have come to let the global community know that investments are welcome in this area.”
He said the target is 30 percent by 2018 according to the NBP 2013 – 2018.
Although Nigeria has hit 21 percent so far, investments will be needed for 3G, 4G and to take services to underserved and unserved regions of Nigeria, “and we need to deploy infrastructure to those areas that have no services, we understand that and the strategy to address them hence we came out with the 8-point agenda to address this.”
Mr Danbatta told the audience that Nigeria has a very flexible regulatory environment and “we are fare, firm and forthright in our activities.”
CEO of MainOne Cable Company, Ms Funke Opeke, said MainOne Cable has keyed into the National Broadband Plan and hence investments in the Infrastructure Company (Infraco) licence for Lagos to take broadband services to Small and Medium Enterprises (SMEs), Corporate organisations through metropolitan fibre optic links.
“We are building over 1,000km of fibre optic in Lagos and this is part of the building block to encourage broadband penetration,” Mr Dikko, whose company, Etisalat, has over 20 million subscriber base said, adding that Etisalat was encouraged to invest in Nigeria because “laws are very clear, policy is good because the NCC hears us out all the time.”
In his contribution, Vice President, New Consumers at MasterCard, Mr Anand Menon praised Nigeria’s ICT sector for creating an enabling environment for business to grow.
“We at MasterCard believe in Nigeria,” Mr Menon submitted.
Technology
NCC Grants Three Satellite Licences to Boost Broadband Services
By Adedapo Adesanya
The Nigerian Communications Commission (NCC) has licensed three additional global internet service providers, Amazon’s Project Kuiper, BeetleSat-1, and and Germany-based Satelio IoT Services, as part of efforts to strengthen internet connectivity via satellite and to boost competition among existing internet service providers in the country.
Amazon Leo, formerly Project Kuiper, is Amazon’s Low Earth Orbit (LEO) satellite network, designed to provide fast, reliable internet to customers and communities beyond the reach of existing networks, while BeetleSat (formerly NSLComm) is an international company with strong ties to both Israel and Spain, and its corporate structure involves multiple countries, building a Low Earth Orbit (LEO) constellation of 250 satellites to provide high-throughput, low-latency, satellite internet, cellular backhaul, and mobility services globally, and Satelio IoT was approved for its planned 491-satellite IoT system, though only one satellite is currently in orbit.
NCC granted the global internet operators seven-year licences to each to operate in Nigeria from February 28, 2026, to February 28, 2033.
These operators were granted Ka-Band for their frequency band operations, and the licence is renewable after the seven years expiration, according to the regulator.
The NCC’s landing permit authorises Project Kuiper to operate its space segment in Nigeria as part of a global constellation of up to 3,236 satellites.
According to the NCC, the approval aligns with global best practices and reflects Nigeria’s willingness to open its satellite communications market to next-generation broadband providers.
The permit positions Project Kuiper to provide satellite internet services over Nigerian territory and sets the stage for intensified competition with Starlink, currently the most visible Low-Earth Orbit (LEO) satellite internet provider in the country.
The permit also gives Amazon LEO and BeetleSat-1, the legal certainty to invest in ground infrastructure, local partnerships, and enterprise contracts, while giving Nigeria a wider market opportunity to play in space internet service delivery, where Starlink currently operates.
Amazon’s Kuiper will offer three categories of satellite services in Nigeria: Fixed Satellite Service (FSS), Mobile Satellite Service (MSS), and Earth Stations at Sea (ESAS).
FSS enables broadband connectivity between satellites and fixed ground stations, such as homes, enterprises, telecom base stations, and government facilities. This is the core service behind satellite home internet and enterprise backhaul; MSS, by contrast, is designed for mobility and resilience; and ESIM extends high-speed satellite broadband to moving platforms, including aircraft, ships, trains, and vehicles.
These systems rely on sophisticated antennas that can track satellites in real time while in motion, making them critical for aviation and maritime connectivity as well as logistics and transport sectors.
BeetleSat was founded in Israel, where its groundbreaking antenna technology was developed and supported by the Israel Space Agency.
In 2021, it formed a strategic alliance with the Spanish technology group Arquimea, which is now BeetleSat’s largest shareholder and main industrial partner.
Technology
The Evolution of Digital Communication: How Modular Platforms Are Changing Business Efficiency
In today’s corporate world, the lines between personal communication and professional production have been blurred into non-existence. As working remotely becomes the norm, not the exception, businesses are seeking ways of making their workflows streamlined in the Apps that their employees are already using.
This change has led to the appearance of powerful third-party clients like Nicegram, which allow users to fill in the gap between simple message brokers and elaborate task managers. By scraping the cream of the crop into interfaces that we’re familiar with, these tools are not only changing the way that we chat, but they are fundamentally changing the ROI of digital communication.
The History of the Super-App Philosophy
The technosphere has been pursuing the vision of the so-called Super-App – one ecosystem where a user can bank, shop, work, and be social. Where the Western market has been lagging behind the Eastern in devoting itself to a single monolithic App, we are witnessing a new form of evolution, that of the modular development of existing ones.
It is becoming apparent to the business leaders that there is fatigue that results when you attempt to make your employees cross a series of fifteen tabs (CRM systems up to project management boards). Such a mental burden may lead to a 40% loss of 40%. The solution? Taking the tools to the conversation instead of making the conversation compatible with the tools.
The Dynamics of Messaging Infrastructure to Business
The last competitive advantage in the year 2026 will be the speed of information. Agile startups tend to be too slow on traditional email, whereas specialized enterprise software can be too strict to facilitate creativity. Instant messaging networks have bridged this divide and emerged as a trade-off in the relationships between immediate, persistent, and available.
Nevertheless, in many situations, off-the-shelf messaging Apps lack the scalability and controls to be used professionally. This is the point of intersection of business and tech, and this is where the interesting part appears. Improved client access is beginning to be exploited by modern companies:
- State-of-the-art multi-accounting. Important to social media managers and consultants who are involved with various clients.
- Built-in translation tools. Enabling transnational communication between localised teams without turning off the chat interface.
- Encryption layers and privacy. Securing confidential proprietary information during transit.
The Security Imperative
The more business logic we include in our channels of communication, the greater the risk of security increasing. Cybersecurity is no longer the business of the IT department; it is a fundamental building block of business. In adopting digital tools, organisations are making a statement regarding transparency and sovereignty of the information.
The tendency is in favor of open source foundations and API based enhancements. This enables the businesses to authenticate the security measures of the business communication tools and yet access the custom functionality to enhance productivity daily.
With platforms being set upon enforced and dependable protocols, the firms can always have the best of both worlds: reliability of a worldwide giant combined with the adaptability of a niche, productive package.
Artificial Intelligence integration: the Best Frontier
AI is a vital part of tech and business that cannot be discussed. The biggest advancement in the history of communication technology in the recent past has been the inclusion of the Large Language Model (LLM) on chat windows. To illustrate this, suppose that the manager of a project was endowed with a complicated brief that was brought to him by a message. AI-boosted clients can now type a summary of it or make a calendar appointment instead of doing it manually:
- Write long lines into lists that you can;
- create expert replies depending on the distinct tone of the user;
- program the scheduling with natural language.
The tools that we employ to encrypt our information, to generate our daily reminders, and even the way we are automating our lives through the tools that we consume, determine how rapidly we are maturing. With the adoption of the strength of the improved messaging ecosystem, companies may assist in building a more connected, effective, and secure future.
Technology
Interswitch Supports Early-Stage Entrepreneurs in Kano
By Aduragbemi Omiyale
Some budding entrepreneurs in Kano State recently received the backing of a leading integrated and digital commerce firm, Interswitch, at the maiden Kano Startup Weekend (KSW) themed Igniting Innovation & Empowering Entrepreneurs.
The event, which held on December 14 and 15, 2025, saw Interswitch providing practical insights, exposure to developer-friendly platforms, and guidance on building scalable digital businesses.
KSW 2025 is the flagship entrepreneurship and innovation event hosted by the Kano State Government through the Kano State Information Technology Development Agency (KASITDA).
Aligned with the Kano State Digital Transformation Agenda (2025–2030), the event aimed to ignite Kano’s startup ecosystem, foster collaboration, and position the state as a leading hub for technology and innovation in Nigeria and beyond.
The weekend featured pitch presentations from startups across technology, education, agriculture, mobility, and digital services, complemented by expert-led sessions on product development, funding readiness, customer acquisition, and scaling strategies. These engagements equipped founders with tools to refine their ideas while connecting with partners capable of supporting their next stage of growth.
Giving his keynote speech, the Chief Information Officer of Interswitch, Mr Patrick Okebu, emphasised the strategic importance of supporting regional innovation ecosystems. He said:
“Kano Startup Weekend reflects the depth of entrepreneurial potential emerging from Northern Nigeria. At Interswitch, we recognise that innovation thrives when founders have access to the right platforms, mentorship, and enabling infrastructure.
“Our support for this event aligns with our commitment to empowering startups with payment and digital commerce solutions that help them build confidently, scale sustainably, and compete effectively in today’s economy,” he said.
Beyond individual mentorship and the pitch sessions, KSW 2025 created opportunities for meaningful collaboration between the public sector, private organisations, investors, and the startup community, demonstrating how strong partnerships can accelerate innovation and drive inclusive economic growth.
The success of the inaugural Kano Startup Weekend highlighted the growing momentum within Kano State’s technology ecosystem and the increasing role of strategic partnerships in driving inclusive innovation. Interswitch noted that initiatives such as KSW are critical to expanding economic opportunity, nurturing local talent, and strengthening Nigeria’s broader digital economy.
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