Telecom
Mobile App Revenue to Soar as Smartphone Adoption Escalates

With roughly 5.3 billion mobile phone users worldwide − or 57% of the world’s population − using smartphones, global mobile app-generated revenue is expected to increase by 55%, reaching $613 billion by 2025.

This is according to a report compiled by fintech firm Mejores Apuestas, which notes the global mobile app market continues to surge and is expected to hit over $400 billion in value, by the end of 2021, growing by 25% year-on-year (YOY).
App revenue covers all revenue generation through mobile apps, including advertising, in-app purchases and subscriptions.
Before the COVID-19 pandemic, the global mobile apps industry was valued at around $255 billion; since then, annual revenue has been growing by around 25% each year. Statistics show this figure is forecast to increase by another $213 billion over the next four years, notes the report.
China, US, South Korea and Japan are expected to see the highest YOY revenue growth between 2021 and 2025.
“Over the years, mobile app developers have created an intensely competitive market, releasing millions of new apps and trying to capture the attention of an increasingly mobile society,” says Jastra Kranjec, research and report editor.
“Having a mobile presence has become imperative to companies across different sectors, and the COVID-19 pandemic has only speeded up this digital transformation.
“Since the pandemic hit, billions of people started using mobile apps not just for social networking, gaming, communication and entertainment, but also to educate, get medical advice and do business, providing additional value to their users – fuelling the growth of the entire industry.”
Referencing the Statista Digital Market Outlook, the report notes that mobile games will remain the largest revenue stream of the entire industry, bringing $387 billion in revenue by 2025 and 53% more than in 2021.
Far behind, social networking ranked as the second-largest app category, with $39.6 billion in revenue this year – this figure is projected to jump to $60.8 billion by 2025.
Entertainment and photo and video apps follow, with $41.2 billion and $25.1 billion revenue by 2025, respectively.
Although not among the top five app categories, education and business apps are also set to witness impressive growth in the following years.
Education apps are forecast to generate $10.1 billion in revenue by 2025, up from $6.4 billion in 2021, while business app revenue will grow by 68% and hit $4.2 billion in this same period.
“The surging demand for mobile app solutions and the growing number of smartphone users will continue driving the downloads growth. The total number of downloads will hit 220.5 billion in 2021 and then jump to 312.5 billion in the next four years,” adds Kranjec.
According to the App Annie State of Mobile Report 2021, consumers downloaded 218 billion apps in 2020 across iOS and Google Play, up 7% YOY. This growth was mainly pushed by the pandemic, which advanced the adoption rate to the equivalent of two to three years in 12 months, notes the App Annie report.
Telecom
WASPAN Drags Bello, FCCPB Boss to Court over Alleged Disobedience of Order

Wireless Application Service Providers Association of Nigeria (WASPAN) has dragged Tunji Bello, executive vice chairman, Federal Competition and Consumer Protection Commission (FCCPC), before the Federal High Court in Lagos over alleged disobedience of a subsisting court order in a legal dispute involving telecom-based lending services.

Tunji Bello, EVC, FCCPC
Wireless Application Service Providers Association of Nigeria initiated this in Suit No: FHC/L/CS/760/2026 pending before the court.
According to court documents, Bello was issued a Form 49 Notice to Show Cause, directing him to appear before the court on 22 May 2026 to explain why an order of committal should not be made against him for allegedly failing to comply with interim orders issued by Justice Ambrose Lewis-Allagoa on 15 April 2026.
The court had earlier granted interim injunctions restraining the FCCPC, its officers, agents and privies from enforcing provisions of the Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations 2025 against members of WASPAN, pending the determination of the substantive suit.
The restraining orders specifically barred the commission from interfering with services rendered by WASPAN members, including airtime lending, data advances and other mobile value-added services.
The orders also restrained the FCCPC from imposing sanctions, penalties or directives connected to the disputed regulations.
In the Form 49 notice dated 18 May 2026, WASPAN alleged that despite being aware of the court orders and having been served with Form 48 — the statutory notice warning against disobedience of court orders — the FCCPC and its Executive Vice Chairman allegedly continued actions contrary to the directives of the court.
The notice stated that the alleged contemnor refused to comply with the orders and had continued to deliberately defy the orders of the court.
An affidavit of service filed before the court disclosed that Form 48 was served on Bello at the FCCPC headquarters located at 23 Jimmy Carter Street, Asokoro, Abuja, on 6 May 2026.
The latest development followed earlier proceedings in which Justice Lewis-Allagoa declined an application by the FCCPC seeking to vacate the interim injunction.
The court instead directed that the substantive suit and the commission’s preliminary objection be heard together.
WASPAN is challenging the FCCPC’s authority to regulate telecom-based lending services, arguing that certain provisions of the DEON Regulations encroach on the statutory powers of the Nigerian Communications Commission to regulate telecommunications services in the country.
Wireless Application Service Providers Association of Nigeria, is the primary self-regulatory body and trade association for licensed Value-Added Service (VAS) providers and aggregators in Nigeria’s telecommunications sector
Telecom
Lagos Warns against Fake Emergency Calls, Says Rising Misuse Put Lives at Risk

Lagos State government has raised alarm over the growing misuse of its emergency hotlines, and warned that fake calls are delaying response times and putting lives at risk.

According to the state, fake emergency calls or prank calls, account for a massive majority of distress communications—nearly 70 per cent.
This severe misuse dangerously delays response times for real emergencies like fires, crimes, and medical crises, and wastes critical first-responder resources
Olugbenga Oyerinde, commissioner for Special Duties, called the numbers (nearly seven out of every 10 calls made to Lagos emergency hotlines) deeply troubling.
The scale of the disruption has significantly affected emergency response operations, with the government disclosing that 5.47 million incoming calls went unanswered during the period under review.
The abandoned call rate climbed sharply from 9.3 per cent in January 2025 to 37.6 per cent by April 2026, suggesting worsening pressure on operators handling emergency traffic.
Officials warned that if the current trend continues, more than 7.2 million calls could go unanswered before the end of 2026
The Lagos State Command and Control Centre serves as the central coordination hub for emergency response agencies across the state, including the fire service, ambulance services, traffic management authorities and neighbourhood safety operatives.
According to the report, the sheer volume of fake and misdirected calls has forced the system to devote significant operational resources to filtering non-emergency traffic before genuine distress cases can be handled.
To address the growing burden, the ministry said it plans to introduce artificial intelligence-driven call screening technology designed to detect and filter nuisance calls before they reach human operators.
The proposed system, expected to be introduced before the end of 2026, is projected to reduce operator handling time by 35 per cent.
Other reforms outlined in the ministry’s strategic response plan include expanding agent capacity by 40 per cent, deploying automated callback systems for abandoned calls and establishing a real-time analytics dashboard for emergency response monitoring.
Yet one of the most striking figures in the report was not the 16.39 million nuisance calls, but the fact that only 39 calls were officially categorised as hoax calls requiring legal follow-up during the same period.
Telecom
Google, Blackstone Invest in AI Cloud Venture to Meet Data Centre Demand

Google and Blackstone (BX.N), said they will form an artificial intelligence cloud business venture aimed at capitalising on an insatiable demand for AI computing services.

Blackstone, the world’s largest alternative asset manager, will invest an initial $5 billion in equity to help bring 500 megawatts of data centre capacity online in 2027, with further expansion planned over time.
The U.S.-based venture will provide data centre capacity along with Google’s custom AI chips, known as Tensor Processing Units, or TPUs, through a compute-as-a-service model.
The total investment value could reach $25 billion, including leverage, according to Bloomberg News.
Both companies did not immediately respond to a request for comments on the Bloomberg report. Blackstone has appointed Benjamin Sloss, a long-time Google executive, as CEO of the new venture.
Thomas Kurian, chief executive of Google Cloud, said the venture would help address growing demand for TPUs by offering organisations additional ways to access computing capacity.
Analysts and investors have said Google is taking a sizeable share of new AI-driven computing demand, supported by its business tools and custom chips that have attracted customers such as Anthropic.
“This isn’t the biggest headline number we’ve seen. But it’s a high-quality bet on sustainable growth in AI infrastructure,” said Brittain Ladd, AI and supply chain consultant at Florida-based Chang Robotics.
Blackstone has stepped up investments in AI-related infrastructure, including data centres, power generation and transmission assets.
Those investments are valuable as the AI boom pushes operators to secure long-term energy supply deals.
The new partnership reflects rising demand for AI infrastructure and the need for large-scale capital deployment, Blackstone President Jon Gray said.
General News2 days agoXenophobic Attacks: Anonymous Nigeria Threatens to Leak South African Stolen Data
Telecom2 days agoMTN Targets 8m Homes in Fibre Expansion Drive
E-Financial2 days agoChapel Hill Denham Says Banks Lose N2.5 Trillion Annually to High CRR in New Report
E-Financial2 days agoLagos Sanctions 15 Money Lending Firms for Operational Violations
Telecom2 days agoGBB Says Cross-border Partnerships Key to Africa’s Digital Transformation
E-Financial2 days agoAfDB Approves $200m for BoI to Support MSMEs
News2 days agoWHO Says Ebola Outbreak Worse than Reported
E-Financial2 days agoFirstBank, Visa Launch Multicurrency Signature, Naira Debit Cards













