Telecom
How NECLive’s ₦1.3 Billion Investment Bolstered Nigeria’s Entertainment Industry
Nigerian Entertainment Conference (NECLive) has released its highly anticipated report on the growth, trends, and opportunities in the Nigerian creative and entertainment industry.
It sheds light on the development and economic boom in Nigeria’s entertainment sector over the last ten years, as well as the prospects for the future of one of the continent’s fastest-growing industries.
According to the report produced by ID Africa and BHM Research & Intelligence, a startling ₦1.3 billion investment over ten years has stimulated the industry and helped it reach previously unheard-of heights.
Known for convening the most significant gathering of entertainment professionals, the NECLive report offers an extensive analysis of the extraordinary strides made in Nigeria’s entertainment and creative industries. Within this report, the conference also highlights its pivotal role and contributions in driving progress and advancement within the entertainment sector.
The report underscores how NECLive, through its ₦1.3 billion investment, has played a crucial part in shaping and propelling the industry forward, leaving a profound impact on Nigeria’s entertainment landscape, and significantly influencing its global standing.
Ayeni Adekunle, the conference’s convener, reflected on the journey and future plans, stating, “The inception of NECLive was rooted in the belief that the realm of possibilities knows no bounds; that with the right blend of education, networks, and determination, we have the power to accomplish anything we set our minds to.
“As Nigerian entertainers continue to shatter barriers and achieve unprecedented milestones, NECLive stands as a steadfast companion, guiding, inspiring, and reminding us that our potential is limitless.
“As we embark on the next transformative decade, be rest assured that NECLive has a renewed mission to embrace.”
Over the past decade, NECLive has emerged as a pioneering force, leading the charge in advocating for crucial matters within the entertainment industry.
Its unwavering commitment to driving positive change has encompassed key areas such as fostering talent development, combating piracy, advocating for enhanced regulations within the industry, ensuring access to global opportunities, and facilitating international collaborations.
Similarly, the Nigerian entertainment and creative industry has witnessed significant growth. According to the International Monetary Fund (IMF), the entertainment industry now accounts for 1.45% of Nigeria’s GDP.
Femi Falodun, a director at BHM and committee member of NECLive, emphasised the significance of the impact report by stating, “NECLive has consistently served as the go-to platform for spotlighting critical issues within the entertainment industry.
“Over the past 10 years, NECLive has brought together key stakeholders, including policymakers, investors, creatives, and technical experts, to collaborate and devise effective solutions.
“It is now time to unveil the remarkable impact that NECLive has made in driving positive change and advancement within the entertainment sector.”
One significant area of impact has been talent development within the entertainment industry, supporting workshops, training programs, mentorship opportunities, and nurturing the next generation of creative professionals.
Recognizing the growing significance of digital platforms in the entertainment landscape, it has also provided a platform for conversations that promoted digital streaming and profitable distribution of content. Since its inception, NECLive has remained at the forefront of driving progress and innovation in the entertainment sector.
Overall, NECLive’s investments have been comprehensive and diverse, covering film, music, comedy, and fashion. With over 100,000 participants and a reach of over 1 million people, NECLive’s initiatives, including conferences, workshops, advocacy efforts, and more, have driven positive change and remarkable growth in Nigeria’s entertainment landscape.
These initiatives have contributed to the remarkable growth and economic boom in Nigeria’s entertainment landscape, elevating its global standing and leaving a profound impact on the industry as a whole.
With the introduction of Travel Saga, a premium, fast-paced gaming experience that is currently live and accessible to customers on its network, Globacom has lifted the bar for mobile entertainment in the country.
Travel Saga is a story-driven, intricately connected role-playing game designed to provide the thrill, complexity, and competitive intensity of some of the most well-known action games in the world.
The game, which has been painstakingly optimized for mobile devices, redefines mobile gaming as a full-fledged digital battlefield by translating a console-grade experience onto data-enabled handsets.
Fundamentally, Travel Saga takes users on quick virtual journeys against recognizable international landscapes. In a dynamic, ever-evolving gaming environment, players are thrown into furious missions, fierce fights, and ever-expanding tales where talent, strategy, and endurance determine who rises through the ranks to become a true war hero.
In addition to the excitement of fighting, users are encouraged to go to various locations, take part in thrilling challenges, and participate in intense competition for in-app rewards like points and victory badges. With each encounter and accomplishment, the immersion increases with each level, maintaining momentum and excitement.
Flexible subscription plans with one-time or auto-renewal choices are available to subscribers for the service, which costs ₦100 per day and ₦250 per week. By dialing *70021#, customers can quickly subscribe and gain instant access to the action.
With Travel Saga, Glo reaffirms its dedication to innovation and high-end digital experiences, making top-notch gaming easily accessible to its customers. The game offers uninterrupted action, adventure, and competition, all smoothly supported by the Glo network.
SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.
SHELT
The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.
SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.
“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”
The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.
Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.
Dina Powell McCormick
The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.
A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.
Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.
The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions
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