Telecom
Fez Delivery, Nigeria’s Techstars-backed Logistics Startup Raises $1m Seed Fund

Fez Delivery, a leading logistics and delivery company, announced its $1 million seed round today.

Ventures Platform led the funding round, with participation from Voltron Capital, Acasia Ventures (formerly Cairo Angels), and other angel investors. This funding announcement follows Fez Delivery’s acceptance as one of the only two logistics companies in Nigeria to have received investment from Techstars Toronto, an elite global tech accelerator.
Fez Delivery was founded in 2020 by Seun Alley, as a pivot from her previous company which offered janitorial services to businesses but suffered from absenteeism of the janitors because they were running errands for employees. “We launched a janitorial service company in 2016.
“The following year, we observed a trend of janitors being absent from their duty posts because they were on errands for employees.”, says Seun Alley.
“As a stop-gap, we introduced delivery services to the companies we were working with so that our janitors could focus on their work. It was wildly successful.
“This experience made us realise that last-mile logistics is a significant problem for SMEs and individuals.
“We decided to address this problem by creating a platform that allows businesses and individuals to easily track their items online in real-time, without using multiple logistics partners.”
The logistics industry is one of the fastest-growing industries in Nigeria, spurred by the meteoric rise in online shopping which generated an estimated revenue of $5 billion in 2019 with an expected CAGR of 20.5% from then till now. The size of this opportunity has led to the rise of many logistic businesses in the country. Yet, many struggle to differentiate themselves and run a sustainable business.
Fez Delivery distinguishes itself in the market by offering tailored and hybrid solutions that combine physical touchpoints with technology to serve its customers. “Our learnings over the last seven years have revealed that different business priorities exist regarding last-mile delivery”, says Seun Alley.
“For FinTech, reach is critical. For Pharma, the estimated delivery time is a big deal, and the pricing must be competitive for SMEs.
“Therefore, we have built an array of tech-enabled solutions; mobile and web apps (targeted at individuals), dashboards and APIs (for businesses) alongside a wide physical reach that spans all the 36 states in Nigeria, including the FCT ”.
The three-year-old startup makes money by charging individuals per delivery, and businesses a monthly subscription. In 2022, the logistics startup completed 200,000 trips and grew revenue by 20% month-on-month. Its clientèle includes the likes of Flutterwave, Kuda Bank, Moniepoint, OPay, Famasi Africa, and Red Bull.
Marketing Manager, Redbull Nigeria, Toheeb Azeez, says, “Fez Delivery has been a reliable and affordable delivery service for our company, since their inception. They have a wide reach across all the 774 local governments in Nigeria, which makes it easy for us to get our products to our customers quickly and efficiently. We are also impressed with their customer service, which is always prompt and helpful”.
Speaking on how they will deploy the capital, Seun Alley says that the company will continue its push towards leveraging technology to solve real problems. “With this funding, we are repositioning as a full-fledged tech company focused on last-mile deliveries. While the platform is currently in development, interested parties can sign up to join the waitlist”.
“The co-founder and CTO, Oluwafemi Jose adds that “our goal has always been to create something truly transformative. We’re excited to use this funding to accelerate our innovation; expand our team, deepen our development efforts and bring more value to our customers and partners.”
General Partner, Ventures Platform Fund, Dotun Olowoporoku says “We are excited to partner with Fez Delivery in their mission to bring efficiency to the logistics industry. This industry is characterised by high fragmentation, demand-supply mismatch, and lack of transparency, due to heavy manual processes.
“Seun, a second-time founder, is an excellent operator with a solid vision for the future of last-mile delivery. By developing technology to enable other market players to thrive, Fez Delivery is well-aligned with our investment thesis to support market-creating innovation in underserved industries.”
Fez Delivery will continue to deepen its work in Nigeria before considering other African markets. “We’re currently focused on the $10 billion transport and logistics market in Nigeria, where we still have room to grow. We plan to keep growing in Nigeria and expand to other markets starting in the last quarter of this year. Ghana, Kenya, and South Africa are on our list, but we haven’t decided on the order yet”, says Seun Alley.
Telecom
NCC Orders Telcos to Give Users Free Airtime for Poor Network Service

Nigerian Communications Commission (NCC), yesterday ordered telecom operators to begin compensation of subscribers for poor network quality with airtime credits.

According to Dr Aminu Maida, executive vice chairman, NCC, the measure is part of renewed efforts to improve service delivery, protect consumers, and hold operators accountable for persistent lapses in network performance across the country.
Maida, also outlined his commission’s latest compliance and enforcement strategies.
He said the compensation directive followed verified failures by operators to meet established minimum quality of service standards in several locations.
“It is not a refund from the regulator but a compliance obligation placed on service providers,” he said, stressing operators must bear full responsibility.
He explained that the framework relies on detailed monitoring at local government level, enabling the commission to pinpoint exact areas and periods of poor service.
This granular approach, he said, allows regulators to move beyond general complaints and focus on measurable, location-specific service deficiencies affecting subscribers.
According to him, the compensation specifically covers service failures recorded between November 2025 and January 2026 across multiple network providers.
“Eligible subscribers will receive airtime credits with notifications explaining the cause and value of the compensation,” he said.
He added that notifications would improve transparency and help users understand why compensation was applied to their accounts.
Maida noted the commission has significantly strengthened its monitoring systems to capture real-time, location-specific service performance data.
“These systems ensure enforcement reflects actual user experience rather than generalised industry averages,” he said, highlighting improved regulatory precision.
He added that operators are required to implement the compensation directly, while the NCC provides oversight to ensure compliance.
“Independent checks will confirm that affected subscribers are properly credited,” he said, noting sanctions for non-compliance may follow.
Maida said the initiative formed part of broader reforms aimed at improving accountability and service standards within the telecommunications sector.
“Operators failing to meet obligations will face stricter enforcement measures,” he warned, signalling tougher regulatory action ahead.
He stressed that improving service quality required both sustained infrastructure investment and stronger operational discipline by network providers.
“Service providers must maintain performance standards consistently across all regions, including underserved and rural areas,” he said.
Maida reiterated the NCC’s commitment to balancing consumer protection with industry sustainability and long-term sector growth.
“Operators must take responsibility for the quality of experience delivered to subscribers,” he said, urging greater corporate accountability.
He added that the commission remained committed to ensuring Nigerians received value for money spent on telecom services nationwide.
“Persistent poor service quality is no longer acceptable under current regulatory direction,” he said, emphasising zero tolerance for continued lapses.
Telecom
NCC Tasks Nigeria IPv6 Council to Drive Adoption Beyond 5% in 3 Years

Dr. Aminu Maida, executive vice chairman, Nigerian Communications Commission – NCC has urged the newly inaugurated Nigeria IPv6 Council to develop a credible pathway to raise Nigeria’s IPv6 adoption from approximately 5% today to a level that places us among Africa’s leading nations within the next three years.

He stated this at the inauguration of Nigeria IPv6 Council in Lagos yesterday. Quoting APNIC’s 2026 global measurements, “Nigeria’s IPv6 adoption stands at approximately 5% while leading economies have surpassed 40%. Global IPv4 reserves are exhausted, while the rapid expansion of 5G networks, the Internet of Things, cloud services, and AI-driven applications has pushed the limits of legacy internet addressing.
“At the same time, the cyber-threat landscape continues to intensify. In this context, IPv6 is a strategic necessity for national competitiveness, security, and economic sovereignty.”
Dr. Maida urged the Council to drive collaboration between stakeholders to ensure alignment with the National IPv6 Deployment Strategy.
“To our operators, government colleagues, and enterprise partners, the time for the adoption of, and prioritisation of IPv6 deployment across your networks and platforms is now. Invest in training your technical teams,and ensure that your infrastructure and procurement pipelines are IPv6-ready by default. The investments you make today will determine Nigeria’s digital competitiveness tomorrow.”
The commission mandated the Council to establish a monitoring and reporting framework; Including providing quarterly progress updates to the Commission and an annual State of IPv6 Deployment report to the nation.
More so, drive capacity building and certification by partnering with AFRINIC, academic institutions, and professional bodies to train a critical mass of IPv6-certified engineers across Nigeria.
Champion public sector leadership by working with MDAs to migrate government networks, websites, and e-services to dual-stack or IPv6-native configurations, so that the public sector leads by example.
Engage industry players and the private sector, working with operators, ISPs, data centres, content providers, and financial institutions to remove deployment barriers and unlock private investment in IPv6 infrastructure.
They were also urged to advise on policy and regulation, recommending to the Commission the incentives, standards, and procurement guidelines required to accelerate nationwide adoption.
Mr. Muhammed Rudman, chairman of the Nigeria IPv6 Council in his presentation said that With IPv4 addresses exhausted worldwide, continued reliance on legacy resource creates scalability bottlenecks.
“Our growing digital economy is projected to reach $18.3 billion in revenue by 2026—requires modern addressing capabilities. Without urgent IPv6 transition, Nigeria risks being left behind as emerging technologies like 5G, IoT, and cloud services demand the expanded address space only IPv6 can provide
“IPv6 is essential for Nigeria’s digital transformation, providing the foundation for unlimited connectivity, enhanced security, and next-generation technologies that will drive economic growth and innovation.
“IPv6 provides 340 undecillion IP addresses, ensuring every device in Nigeria can connect directly to the internet without costly workarounds or address sharing.
“Built-in IPsec encryption improves network security. Enables IoT, cloud computing, AI, and smart city initiatives critical to Nigeria’s digital economy, he added.
As a catalyst for National Development, he said IPv6 enables expansion of digital services, e-commerce platforms, and fintech solutions, driving economic diversification and job creation across Nigeria.
“Expanded internet access reaches underserved communities while seamless device integration connects millions of Nigerians to the digital economy.
IPv6 provides the foundation for IoT deployments, smart city initiatives, and AI-powered services that will transform Nigeria’s technological landscape,” he stated.
Telecom
DG NITDA Calls for Urgent Action on AI-Driven Cyber Threats, Announces More Stakeholder Engagements

Kashifu Inuwa CCIE, Director General of the National Information Technology Development Agency (NITDA), has raised concerns over the rapidly evolving cybersecurity risks driven by artificial intelligence, urging immediate and coordinated national action.

Kashifu Inuwa CCIE, Director General of the National Information Technology Development Agency (NITDA).
Speaking ahead of the formal inauguration of a proposed cybersecurity advisory council, Inuwa disclosed that the Ministry of Communications, Innovation and Digital Economy plans to convene at least two additional stakeholder engagement sessions.
According to him, the move underscores a deliberate commitment to inclusivity and transparency, mirroring the collaborative framework adopted in developing Nigeria’s National AI Strategy.
He explained that the increasing integration of artificial intelligence into everyday systems has significantly altered the cybersecurity landscape, introducing more complex and unpredictable threats.
“AI is changing the game and elevating the threat landscape. The more we integrate AI into our lives, the more we need to change the way we look at cybersecurity. There are two fundamental issues we need to think about,” he said.
The NITDA boss highlighted the dual nature of emerging threats, noting that cyberattacks are now being carried out both on AI systems and through AI technologies, thereby expanding the scope and scale of vulnerabilities.
He further warned about the rise of advanced AI-driven social engineering tactics, particularly the growing use of deepfake technology.
“We are also witnessing increasingly sophisticated AI-driven social engineering. The emergence of deepfakes makes it difficult to distinguish between AI-generated audio or video and authentic content.
“There have even been instances where such technology is used during virtual calls,” he noted.
“This is the reality of the world we live in today, and it is not a challenge any single entity can address in isolation. The only way forward is to strengthen collaboration and deepen synergy between governments and the private sector,” he added.
Inuwa stressed that cybersecurity resilience depends heavily on collective responsibility, cautioning that weaknesses within any single organisation could expose entire networks to risk.
“We are only as strong as our weakest link. If one entity is compromised, it creates risks for others within the network,” he stated, referencing recent incidents in which financial institutions were exploited to gain access to broader payment systems and even government infrastructure.
Commending the Minister for initiating the cybersecurity advisory council, the NITDA DG described it as a crucial platform for enhancing cooperation, facilitating information sharing, and building a more resilient national digital ecosystem.
He reaffirmed the agency’s commitment to supporting the council and collaborating with stakeholders across sectors to strengthen Nigeria’s cybersecurity framework in the face of evolving AI-driven threats.
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