Telecom
Samsung Unveils Gifts Package, Premium Warranty for Galaxy S5 Users
In further demonstration of its commitment to customer loyalty, Samsung Electronics West Africa is offering users of the new Galaxy S5 free gifts via the new Galaxy Gifts application.
The Galaxy Gifts package comes pre-installed on all Galaxy S5 smartphones and offers a wide collection of premium mobile services and tools designed to make consumer experience more enjoyable and more productive.
Mr. Brovo Kim, managing director of Samsung Electronics West Africa, described Galaxy Gifts as part of Samsung’s unique ecosystem that seeks to offer the company’s customers additional value for their purchase. “For the first time in this market, users of the new Samsung Galaxy S5 smartphone stand to get amazing gifts every day.
“The Galaxy S5 was designed to offer consumers the most advanced tool to help improve their everyday lives. The Galaxy Gifts application perfectly complements this mission with a comprehensive offering of some of the world’s best mobile resources to suit Nigerians’ lifestyles.”
To facilitate consumer access to its suite of Galaxy Gifts applications, Samsung has partnered with some of the country’s leading mobile content and service providers including DoBox, Spinlet, Hello Foods and Easy Taxi, among others.
In addition to discounts on meals, movies, books and music purchased from these partners via the application, users of the Galaxy S5 also automatically receive three free movies from DoBox, a Spinlet premium voucher worth one thousand Naira and twenty-five percent off their first order via Hello Foods.
Consumers also get 50 percent off their first taxi ride when they use the package’s Easy Taxi application alongside seven N700 worth of books from Okada Books.
The Galaxy S5 smartphone features Samsung Premium, an advanced version of the company’s original 24-month accidental damage from handling (ADH) warranty.
Under the Samsung ADH Premium package, consumers will receive a substitute device in the event of screen or liquid damage to their Galaxy S5, at no extra charge.
According to Mr. Emmanouil Revmatas, the company’s Director of Information Technology and Mobile, the premium ADH warranty is a demonstration of Samsung’s commitment to providing innovative, consumer-oriented service.
“With the original ADH warranty, our consumers got to take their Galaxy S4 for charge-free and no-questions-asked repairs for screen and liquid damage, not once but twice during the first two years of the life of their device. For the Galaxy S5, we have raised the bar. With the Samsung Premium warranty, instead of two repair claims, users of the device will now get two instant phone substitutions over the 24-month warranty period, at no extra charge. This value-add represents our commitment to anticipating the needs of our consumers and providing them with superior service towards making their lives worry-free,” Revmatas explained.
Customers that purchase the Galaxy S5 from Samsung stores and accredited dealers can access the premium warranty service by downloading the ADH Premium application from Samsung’s App Store and registering their devices within the first 30 days of purchase.
Samsung is also offering a trade-in and upgrade programme for consumers who purchase the Galaxy S5, guaranteeing the future value of the device by up to 25%, to be used on the purchase of consumers’ next premium Samsung Galaxy device.
Customers who purchase the Galaxy S5 will be able to get 25% back within 12 months, to be used as a discount on their next premium purchase.
In addition to the above, the company also announced its new Smart Trade programme towards providing Nigerians with the opportunity of becoming proud owners of the new Galaxy S5.
Under the programme, consumers can trade in a variety of smartphones for the Galaxy S5 at a discounted rate. The offer is currently available at Samsung’s Ikeja City Mall Experience Store in Lagos and selected branded stores across the country.
A full list of mobile devices that have been selected as part of the Smart Trade programme is available on Samsung Electronics’ website.
Devices to be exchanged for the Galaxy S5 will be graded based on their current condition and also evaluated and discounted based on three grading categories including “perfect, good and non-functional.”
Once the device has been graded and its monetary value determined by Samsung, the customer will receive a coupon reflecting this value. As a special offer, an additional N8,100 will be inputed to the value on the coupon towards making the acquisition of the Galaxy S5 easier. The coupon can be redeemed immediately against the purchase of the Galaxy S5.
According to the company, each grading category has clear definitions that allow for an accurate value to be attributed to the device that is being traded.
Ms. Olajumoke Okikiolu, head of Product Marketing for the company’s Information Technology and Mobile Division, describe the Smart Trade programme as an initiative that will further offer much needed relief for customers who wish to move to Samsung’s wave-making Galaxy S5 at the earliest possible opportunity.
Samsung is also providing customers who buy the Galaxy S5 from any of its Experience Stores and accredited dealers nationwide with a free power bank. Customers who buy the company’s wearable fitness band, the Gear Fit, alongside the Galaxy S5 will receive up to 10 percent discount on their purchase while those that purchase the Gold Colour Rush edition of the device stand to get a special Galaxy 11 battery cover upon their purchase from select stores.
The need for Nigeria to think outside the box in its need to drive towards global relevance with innovations and scientific developments will be on the front burner at the NITRA Innovative & Scientific Conference scheduled to hold on Thursday July 23, 2026 in Ikeja, Lagos.
NITRA
The Nigerian Communications Commission (NCC) will lead other delegates to discuss and take far-reaching decisions at the event, which has its theme as “Bridging Nigeria’s Digital Divide With Scientific Innovation”.
Other companies that have indicated interest in partnering with NITRA include mobile communications company, Tecno; Africa’s premier end-to-end AI solutions company, Hyperspace; and telecommunications data infrastructure company, Digital Realty.
Speaking on the proposed event, the Chairman, Nigeria Information Technology Reporters Association (NITRA), Chike Onwuegbuchi noted that the event will seek to create a platform for government and private organisations to deliberate on policies around scientific innovations in Nigeria, challenges, place of indigenous and foreign collaboration, roles of each stakeholder, and grassroots development in that regard, among others.
According to him: “The Federal government, with series of programmes and partnerships, has established the urgent need to create an ecosystem that thrives on scientific innovation, breeding institutions and individuals with a target of placing the country at the fore-front of Next-Gen development.
It is a known fact that digital and scientific innovations are crucial, not only to the survivability of a nation, but also to the sustainability of its growth and development, with significant effect on economic strength, global image, defense and security, government capabilities to function, and public health and safety, communication and digital footprint, among others.
The federal government is actively driving scientific innovation to foster economic diversification and build a $1 trillion economy by 2030. Efforts are heavily focused on commercializing research, establishing massive research funds, and funding strategic infrastructure, particularly in technology, biotechnology, and healthcare. Core government initiatives and policies include the newly instituted National Research and Innovation Development Fund (NRIDF), which aims to mobilize about $500 million annually to support research and the commercialization of scientific outputs; and the Nigeria Genomic City, a multi-ministerial initiative aimed at transforming Nigeria into a leading hub for genomics, precision medicine, and biotechnology. It is designed to protect indigenous data, stimulate artificial intelligence in health, and develop a highly skilled scientific workforce.
According to the General Secretary of NITRA, Mr. Chidiebere Nwankwo, the forum will also be a vehicle to propagating the views of decision makers to the public, thereby furthering the cause of public awareness and information dissemination on the topic.
The focus, he said will be on how Nigeria can sustain digital innovative growth and scientific development in Nigeria
The board of global payments company, PayPal, says a 53 billion dollars takeover offer from financial technology firm, Stripe, and private equity company, Advent International, does not adequately reflect the company’s long-term value.
PayPal
According to reports, the proposed acquisition, valued at 60.50 dollars per share, remains under consideration, with the board yet to formally respond to the offer.
The directors are said to be evaluating not only the financial value of the proposal but also the structure of the financing, the timeline for completing the transaction and the likelihood of obtaining regulatory approvals.
They are also considering the possibility of competing bids emerging.
Although the offer represents a premium of about 28 per cent above PayPal’s recent share price, the board believes the company could deliver greater value to shareholders if its ongoing turnaround strategy succeeds.
Following reports of the bid, PayPal shares gained about two per cent to close at 56.73 dollars.
Sources familiar with the discussions said Stripe and Advent have secured approximately 50 billion dollars in debt financing from JPMorgan and Morgan Stanley, while both firms would jointly contribute 17 billion dollars in equity.
Under the proposal, the two companies would jointly own PayPal instead of dividing its operations.
PayPal, Stripe, Advent International, JPMorgan and Morgan Stanley have all declined to comment on the proposed transaction.
The discussions come as PayPal seeks to strengthen its business after years of increasing competition from rivals including Apple Pay, Google Pay and emerging financial technology firms.
The company, which was valued at about 360 billion dollars in 2021, now has a market capitalisation of approximately 36 billion dollars.
Since assuming office as Chief Executive Officer in March 2026, Enrique Lores has embarked on a restructuring programme aimed at improving operational efficiency and restoring growth.
The restructuring includes the creation of three business divisions comprising Checkout, Venmo and Consumer Financial Services, and Payments and Crypto.
The company is also targeting 1.5 billion dollars in cost savings through the deployment of artificial intelligence technologies.
PayPal’s latest financial results indicated signs of recovery, with first-quarter revenue rising seven per cent year-on-year to 8.35 billion dollars, while total payment volume increased by eight per cent to 464 billion dollars.
If approved, the transaction would combine two of the world’s largest digital payments companies.
The combined business would process an estimated 3.7 trillion dollars in annual payment volume, significantly strengthening its position in the global online payments market.
However, analysts expect the proposed acquisition to face intense regulatory scrutiny because of the companies’ combined market share in merchant payment services.
To address possible antitrust concerns, the bidders have reportedly considered options, including separating PayPal’s Braintree business or other assets if required by regulators.
Sources said Stripe and Advent remain interested in pursuing the acquisition despite the board’s reservations, although negotiations are expected to continue.
Market observers are also awaiting PayPal’s earnings report scheduled for July 28 for further indications of the company’s financial recovery and future growth prospects.
Concerns over network reliability and its impact on Nigeria’s growing creator economy took centre stage at MTN Nigeria’s Data on Trial event, where content creator and streamer, Jarvis, challenged telecommunications operators to improve connectivity for digital creators.
Speaking during the event, Jarvis asked whether there were locations in Nigeria where uninterrupted internet connectivity could support real-life (IRL) streaming without network disruptions.
“Are there places where there is no breakage when streaming IRL?” she asked.
Her question highlighted the challenges faced by content creators who depend on stable internet services for live streaming, content uploads and real-time engagement with audiences.
Responding, MTN Nigeria’s Chief Technical Officer, Mr Yahaya Ibrahim, said network performance depends on several factors, including location, network coverage, device capability and the number of users connected to a particular base station.
He noted that operators continue to invest in expanding network capacity to meet the growing demand for data services.
Earlier, MTN’s General Manager, Network Performance and Quality Assurance, Mr Michael Ndukwe, explained the evolution of mobile network technology in Nigeria, from first-generation (1G) services to the current fifth-generation (5G) technology.
According to him, each phase of technological advancement has significantly increased network capacity and enabled new digital services.
Ndukwe cited Nigerian Communications Commission (NCC) data showing that Nigerians consumed about 13.2 million terabytes of data in 2025.
He added that data usage reached approximately 4.06 million terabytes in the first quarter of 2026, reflecting the country’s increasing reliance on digital platforms and online services.
According to him, the growth is being driven by wider adoption of 4G and 5G networks, increased smartphone penetration, the proliferation of smart devices and expanding use of social media platforms.
Participants at the event noted that as more Nigerians build businesses and careers around digital content, access to reliable and high-speed internet has become critical to sustaining the country’s digital economy and creator ecosystem.
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