Telecom
22 Institutions, Others Set to Enjoy N16.7bn Broadband Access Projects
More than 22 institutions in the country, comprising 18 universities, and six polytechnics, Micro, Small and Medium Enterprises (MSME), drawn evenly from the six geopolitical zones in the country, have benefited from a Federal Government’s broadband infrastructure projects designed to accelerate the Nigeria Digital Economy efforts.
L-R: Prof. Muhammed Abubakar, Managing Director, Galaxy Backbone; Prof. Adeolu Akande, Chairman, Board of Commissioners, Nigerian Communications Commission (NCC); Prof. Isa Ali Ibrahim Pantami, Minister of Communications and Digital Economy; Prof. Umar Garba Danbatta, Executive Vice Chairman/CEO, NCC and Mr. Kashifu Abdullahi, Director General, National Information Technology Development Agency, at the launch of Information Technology infrastructure projects for small businesses and public presentation of a book by the Minister in Abuja on Thursday.
At the unveiling of the projects being driven by the Nigerian Communications Commission (NCC), which held at the Transcorp Hilton, Abuja, Minister of Communications and Digital Economy, Prof Isa Ali Ibrahim Pantami, who presided over the event, said the projects underscores the importance of broadband connectivity and access as central to the accomplishment of the targets of the National Digital Economy Policy and Strategy (NDEPS) 2020-2030 for a digital Nigeria, and that the project is in line with the mandates of President Muhammadu Buhari on job creation and economic diversification.
Pantami, who was joined by the Minister of Federal Capital Territory (FCT), Mallam Mohammed Bello at the event, disclosed that the key infrastructure being provided for the project, comprise of broadband infrastructure for tertiary institutions of learning; broadband infrastructure for MSME; distribution of 6,000 e-pad tablets, in addition to provision of broadband connectivity to 20 markets as a pilot.
He said the interest in supporting the MSMEs is justified by their current contribution of more than half of Nigeria’s Gross Domestic Product (GDP) prior to COVID-19 outbreak, and now constitute 96.7 per cent of entire businesses in the country, and therefore, “any effort to develop our economy without bringing such important sector into the equation will amount to efforts in futility.”
At the event, which had in attendance the Chairman of the Board of the NCC, Prof. Adeolu Akande; the Executive Vice Chairman of the Commission, Prof. Umar Danbatta; the Executive Secretary, National Universities Commission (NUC), Prof. Abubakar Rasheed; and the Executive Secretary, National Board for Technical Education (NBTE), Prof Idris Bugaje, a book authored by Pantami, titled “Skills Rather Than Just Degrees” with foreword written by Brad Smith, President of Microsoft Corporation, was unveiled for the industry.
Pantami said the book is his intellectual contribution to bridging skills gap to enable Nigerians to tap into the opportunities that exist in Information and Communications Technology (ICT) and other sectors of the economy.
The book was reviewed by three different Vice Chancellors – Prof. Muhammad Abdulazeez of Abubakar Tafawa Balewa University, Bauchi; Prof Owuanari Georgewill of University of Port Harcourt; and Prof. Sagir Adamu Abbas of Bayero University Kano, who commended the efforts of the Minister in putting his thoughts and experience to paper. They recommended the book, which they commended highly.
In their comments, NCC’s Akande and Danbatta, corroborated that the project will fast-track and enhance the ongoing efforts of the NCC’s to deepen connectivity towards achieving the targeted broadband penetration of 70 per cent by 2025.
NCC’s Chairman, Prof. Akande, assured of the commitment of the Commission in completing the projects, which will add the necessary fillip to achieving the major objectives spelt out in the NDEPS, 2020-2030.
The EVC of NCC, Prof. Danbatta, highlighted the Commission’s drive towards deepening broadband penetration in the country and the promotion of digital skills acquisition to improve service delivery in other sectors of the economy, including education, commerce, healthcare, agriculture, finance, transportation, governance, among others.
The event attracted so many stakeholders especially from the academia, as well as technology enthusiasts, including prospective start-up companies, fintech organisations and other interested sectors whose activities are billed to be energized through diligent implementation of the NDEPS and other extant policies guiding the digital economy agenda of the Nigerian government.
MTN Uganda is seeking input from stakeholders on a plan to structurally separate its mobile money service, MoMo, from its core telecoms business.
According to the company, the proposed change will be discussed at the upcoming extraordinary general meeting on July 2.
If approved, the telco’s fintech business will be run by a new company controlled by MTN Group Fintech Holdings B.V. and a trust benefiting minority shareholders following a merger.
Additionally, the restructuring also aligns with MTN Group’s ambition 2025 strategy which aims to unlock value, attract new investors, and strengthen regulatory compliance by creating standalone fintech entities in Uganda, Ghana, and Nigeria.
The company’s fintech division has over 13 million customers, with an 18.4% revenue increase in the first quarter of 2025, driven by 19.0% growth in mobile money services, 19.8% growth in transaction volumes, and a 31.4% increase in transaction value.
Reports say the decision is part of the telco’s compliance with the National Payment Systems Act 2020, which mandates mobile money businesses to operate as standalone entities, and to align with MTN Group’s regional fintech strategy.
MTN Uganda, which is led by CEO Sylvia Mulinge, highlighted that the implementation of the proposed transaction will be subjected to a number of conditions and regulatory procedures.
“The implementation of the proposed transaction shall be subject to a number of conditions, including the company and MTN MoMo receiving all required regulatory approvals and no-objections and complying with any regulatory conditions,” said MTN Uganda in notice.
Netflix has announced plans to invest more than €1 billion in Spanish film and television productions over the next four years, reinforcing its commitment to Spain as a key creative hub in Europe.
The announcement was made by co-chief executive Ted Sarandos at an event held at Netflix’s production studios near Madrid, celebrating the company’s 10-year presence in the country.
Sarandos emphasized that the investment would contribute significantly to Spain’s economy, create jobs, and enable the streaming platform to produce more local content. He was joined by Spanish Prime Minister Pedro Sánchez in unveiling the initiative.
Netflix first established its international production studios in Madrid in 2019, following the success of the Spanish-language hit series Money Heist.
Since then, its 22,000-square-meter facility has become one of Netflix’s major production centers within the European Union.
The company currently supports over 20,000 jobs in Spain, highlighting the nation’s growing influence in global entertainment.
The investment reflects Netflix’s ongoing strategy to expand its presence in European markets through original content and local talent.
Nigeria Computer Emergency Response Team (ngCERT) has raised alarms over a new wave of advanced cyberattacks targeting Android mobile phones through a malware campaign dubbed Tria Stealer.
The malicious software is designed to infiltrate Android devices, hijack messaging accounts, intercept One-Time Passwords (OTPs), to steal sensitive personal and financial data.
According to ngCERT, Tria Stealer spreads primarily through deceptive tactics, such as fake event invitations distributed via popular messaging platforms like WhatsApp and Telegram.
Unsuspecting users are enticed to download an infected (APK) file, often disguised as a harmless system application, to evade detection.
Once installed, Tria Stealer requests extensive permissions, including access to SMS, call logs, and app notifications.
It immediately commences data harvesting activities, sending stolen information to a Command and Control (C2) server operated via Telegram bots.
This trojan spreads through fake links, usually disguised as wedding or event invites, and tricks users into downloading malicious APK files
“Account takeover of messaging platforms. Impersonation of victim for fraudulent money transfer requests. Compromise of banking and financial applications. Identity theft and credential harvesting.”
In plain terms, if your phone is compromised, the consequences could be catastrophic.
Your financial apps are vulnerable, your reputation could be ruined by impersonation and even simple personal messages could be twisted into tools for scams.
Here’s what users should be doing now:
Don’t download apps outside the official Play Store.
Be suspicious of random invites or links, even from people you know.
Turn on 2FA for everything—banking, emails, social platforms.
Get a reputable antivirus and keep it updated.
If you run an organisation, you should already be taking this seriously.
ngCERT’s guidance says you should raise awareness, monitor mobile devices, and not let your team click on unverified links.
“Deploy network monitoring for suspicious outbound connections to known C2 domains,” it said, meaning, keep an eye on every digital door in and out.
This isn’t one of those cases where you wait to see if it affects you. By the time you realise it, it may already be too late.
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