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Solo Phone Leverages Digital Contents & Services for Growth- Ogundipe

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Tayo Ogundipe, is co-founder of Solo,
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Tayo Ogundipe, is co-founder of Solo, an experience-driven digital content and smartphone company focused on delivering the best content and services on the mobile platform to African consumers.
Ogundipe, a Nigerian-born, former senior global executive with HTC and Sony Ericsson together with other Solo management team bring an unusual blend of global sector expertise and deep knowledge of African markets that enable the team to conceive and implement a market-leading, mobile consumer proposition uniquely suited to African markets.
Solo, among other things, is packaged with competitive data bundles from mobile operator partners, content and service offerings, to create a revolutionary, new customer-centred user experience, never before been seen on the African continent, he told peter ugwu in this interview.   

Concept of Solo Phone
The very premise of Solo, is a belief that the digital contents and services huge, obviously, globally, and incredibly huge in the emerging markets, because Solo, is really an emerging market player. Probably, we started in Nigeria, but the vision is to go across the emerging markets.
The way we look at it is that the digital contents are not enough to have them, especially in the value added services (VAS) are, they will have life-changing and transformative impacts on our quality of live, how we executive services and will hopefully increase quality of live in the emerging markets.
We believe that the direction to digital contents and services is set; nothing is going to stop that, but how quickly the adoption happens is a function of who the players are in the space.
And Solo Phone hopes to be one of the catalysts to help in the adoption of those digital contents and services in this market in the ways that create wealth, profitable and valuable to the end users.
So, we look at it from the point of view of contents first, value added services later.
Contents are around entertainment: music, movies; we will be talking about games very soon, to complete the entertainment side of the content.
On the VAS area, we are actually looking at it becoming the most interesting part in the coming years; where there will be incredible innovative solutions on digital platform around critical sectors like health, banking & finance, education, commerce, and other significant aspects of our economy or way of life.
In those cases, we believe that the mobile platform will be the primary media through which these things will be consumed. We feel strongly about that.
We see Nigeria and other country on this continent leapfrogging the personal computer, laptop world into smartphone world, because of the economics of it; it is cheaper to buy it, the mobility, ubiquity that makes it possible to go anywhere and do a lot with it.
It could be your voice, internet, music, mobile Tv device; there is just a lot one can do within the smartphone arena. It is going to enable a lot of things and digital content and services are going to play a big role.
The whole idea of Solo is to be a key player in that help to accelerate the directions it go. As a local pedigree, we will help speed up the process.

Market Penetration
The way to look at Solo is, we are primarily in the digital content and services business. What we do on the hardware side is driven by the need to provide the platform for consuming the contents.
So, in the device side of the business, we are barely one year in the market. For us, it is about setting the foundation for success.
This is a long time play. We are not going to sell and disappear like many do. A huge chunk of our time, last year, was on building that foundation: establishing brand presence, distribution partners with critical players like Slot, Micro Station and other big names, establishing regional presence and of course, establishing our digital apps around music.
So, the actual sells and penetration didn’t kick off till the second half of last year, but in terms of how it works, were we have distribution we do extremely well.
It is a sign of how far we are going. Although, we are new, we are present in every regional chain. And the retailers are happy to carry us along as they expand nationwide.
We are on the process of growing that distribution. Clearly, the preposition is resonating with the consumers; they are willing to work with us and embrace the platform.

Solo View Application
Like I said earlier, it is part of the continuum of our entertainment package in the digital platform. We started with Solo music, which is at this point limited to solo phones, because we have some exciting things coming down the pipe.
The way we started that, we entered into agreement with the top three global labels that offer us access to millions music catalogues and they keep getting better by the day.
When you benchmark Solo music with other platforms out there, it sets itself apart both on the depth of our offering, experience and everything that is done around it.
At the moment, you have to buy Solo smartphone phones to enjoy it. Beyond music, everything we are doing is available on Android platform.
So in Solo View we moved from music to movies. The way we look at it is this: mobility is the core of the preposition; the ability to take these stuffs to the subscribers.
If we look at the quality of our lives coupled with busy-engagements of the day; traffic, running from one place to another, we spend more time outside than at home.
To add insult to injury, not all time we spend on the road are productive. So, the ability to take entertainment with you has value anywhere in the world, here, it has magnifying value. To us, entertainment is the combination of music, movies, games and other interesting things that get people excited.
What prompted Solo View was the urge to set ourselves apart in the market. We looked at the market and saw people trying to do amazing things, but they have fundamental limitations often dictated by infrastructure.
Most solutions, before we came were streaming based, which was tied to protecting the intellectual property right of the company.
That affected the consumer experience. Well, the operators have done magnificent job by investing in the 3G network, but the truth of the matter is that growth in usage and demand is still outpacing investment in the networks. So, the customer experience is still lagging in so many areas.
If it is hard to make a call, you can imagine trying to stream a movie on such network, probably, while you are traveling.
That is a challenge and a limitation to the consumer. When we came into the space, we asked ourselves the pertinent question as what we can do to differently.
Therefore, we decided that one essential thing for good customer experience is a download solution; the ability to sit at a place, download as much content into the device or any Android Device that you have.
One, the experience is better. Two, it is more predictable. And that affects our pricing model. For us, the idea it is about that optimal experience for an average customer to enjoy the device, even on the go.
Solo view is a rental service. If it were a Nigerian content, it gives you 15 days window to watch it as many times as you want. It expires on its own.
If it were a Hollywood movie, for instance, it stays on your phone for 30 days. So, we don’t just make it easy for download, the pricing model enables the subscriber to enjoy the content. At the expiration, you delete and create more space for the next one.

Promotion of Local Digital Content
That is the goal and we are achieving it. On the music side we are getting good traction on the local content.
The basic assumption is that 70% of the content is local. For us at Solo, we believe that when you have a movie or video platform, like the Solo View, you actually optimize the platform with the richness of the offering.
When it comes to richness of offering it has to be tied to relevance with the target market which makes local content very compelling. We have huge Hollywood stuffs; they are compelling, current, good quality of 2014 movies of SD/HD option, we are very proud of them.
We get it faster than any other person in this market does. But as we still look at how to enrich the overall experience, we still think the local part is going to be critical. We believe that in not too distant future we will work with the content generating platforms-the publishers, writers, directors, even the artistes; probably, to engage on production of custom-made proprietary content to be deployed on our platform, maybe redistribute afterwards.
We will look beyond the traditional movies. Ours is a society that has some defined segments-religion, finance, et cetera.
The bottom-line is: we are looking at multiple ways to generate contents. It goes to show that this is a customer-centric business.

Solo View and Other Online Content Providers
Obviously, we have the download option. The depth of our offering expands to Nollywood, Hollywood, and others.
And we have to consider the vision. We see are just starting, but in the next three to six months, people will get more abreast with the concept. We see the foundations we are laying as critical in the business continuum.
To us, it not just an isolated movie offering, rather an entertainment offering. For us, we are not a one-shop-movie play station rather a digital entertainment company that is trying to maximize what we have for customer satisfaction.
You cannot take away our commitment to constantly search for that content that makes sense for the people.
Our goal is to build Solo Loyalists to trust us and be at the forefront of innovation around the entire digital content spectrum.

Connectivity Challenge
That is an excellent observation, but that is the principal thing that sets us apart. We deploy our own Solo Hotspots.
Others don’t! The primary deployments were done around our retail locations. We have more than 100 hotspots deployed nationwide and on the second phase to deploy at non-retail location, like where people congregate.
Therefore, aside the arrangements we have made, we are still looking at solving the data issue. It is expensive to pay for data to be able to access contents. We decided that music is more data-friendly, and even went ahead to partner operators to offer free data at some points.
For instance, if you buy Solo phone you get 500mgbyte of data for a period of time from either Etisalat or Airtel.
On the movie side, even with the download solution, it is still expensive. So, we came into the market with our hotspots. At any point of sale, you use Solo phone or any Android device, go to the playstore, download our application and download movies as you like.
The speed is unbelievable. You can download a full length of Nollywood movie in less than two minutes.
The bigger catch is: it is free data. We are using that to solve connectivity problem. So, for the movie, you are just paying for the content and should not the data.
If there is no hotspot close-by, it gets to the next level which is click to use either the WiFi or 3G network. So, we go through that three-stage progression to make sure connectivity experience is optimized and the reduction in the cost.

Solo’s Preparedness towards Digital Migration
The design of our devices (the hardware part of the business) is critical when you talk about the digital era in Nigeria and the experience.
We have our 5” product and still looking at tablets and others. We try to optimize the experience to the consumer with power banks, ear-phones, and other features.
In terms of opportunities beyond the mobile platforms, in the content business, the key is finding ways of monetizing the services. Good enough, we are not limited in any way, to a particular content.

Solo In 2015
A lot of people see Solo as just a device company, which is cool; we are proud of that too. However, in 2015, we are going to emerge more in the digital content space. We have the roadmap on how to revolve our experience.
Like I said earlier, in music, we will be leading the way. We will be making more noise in the digital content and services business. So, we start filling-in the true picture of Solo; what it represents to every segment of the society.  
                       


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Mutual Benefits Decries Nigeria’s Credit Gap, Offers Solutions

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A recent study – Nigeria’s Credit Landscape Report 2025 – has revealed a striking paradox in the nation’s financial ecosystem, revealing that while more Nigerians are becoming financially included, only about 6% of adults currently access credit through formal financial institutions.

Mutual Benefits Decries Nigeria's Credit Gap, Offers Solutions

Published by Credit Direct in June 2026, the report highlights that although more than 64% of Nigerian adults are financially included, formal credit penetration remains significantly low. Credit to the Nigerian private sector stands at just 13.1% of GDP, well below peer African economies such as Kenya and South Africa. The findings point to persistent barriers to credit access for households, entrepreneurs and small businesses, despite improving economic conditions and growing business activity across key sectors of the economy.

The report also notes that Nigeria’s real sector recorded sustained expansion throughout 2025, with manufacturing, services and agriculture posting positive growth indicators, creating increased demand for working capital and business financing.

Reacting to the findings, Mutual Benefits Assurance Plc said the report reinforces the urgent need for a more holistic approach to financial inclusion, one that combines access to finance with savings, insurance protection and long-term financial planning.

The leading insurer noted that while access to credit remains important for economic growth, financial protection mechanisms are equally essential in helping individuals and businesses withstand economic shocks.

Through its diverse portfolio of solutions, Mutual Benefits continues to provide Nigerians with tools to build, preserve and protect wealth. These include education-focused protection plans, life assurance products, savings-oriented solutions, motor and property insurance and business protection products designed to safeguard livelihoods and future goals.

According to the Managing Director, Mutual Benefits Assurance Plc, Femi Asenuga: “The conversation around financial inclusion must go beyond opening bank accounts and accessing loans. True financial empowerment is achieved when individuals and businesses can access financing opportunities while also protecting their income, assets, families and future aspirations from unforeseen risks.

“For many Nigerian families and business owners, a single unexpected event such as a medical emergency, fire incident, business disruption or loss of income, can erase years of financial progress. This is why insurance and disciplined savings remain critical pillars of long-term financial resilience.”

The report further reveals that Microfinance Banks account for only 5.4% of Nigeria’s total loan book, underscoring the need for stronger support for SMEs and underserved communities that often struggle to access conventional bank financing.

As part of its commitment to advancing financial inclusion, Mutual Microfinance Bank continues to deliver accessible financing solutions tailored to the needs of small businesses, traders, salary earners, entrepreneurs and emerging enterprises across Nigeria. As at December 31, 2025, the Bank had disbursed loans totaling N1.372 billion, further strengthening access to formal credit for individuals and businesses across its target segments. This growth trajectory continued into 2026, with the loan portfolio rising to N1.558 billion by the end of Q1 2026, reflecting sustained momentum in supporting productive economic activity

Asenuga added: “Small businesses remain the backbone of Nigeria’s economy, yet many continue to face significant barriers in accessing affordable financing. Through Mutual Microfinance Bank, we are helping to bridge this gap by providing flexible financial solutions that enable entrepreneurs to grow, create jobs and contribute meaningfully to economic development.

“At the same time, we encourage individuals and businesses to think beyond borrowing by adopting a culture of saving, risk management and financial protection. Sustainable prosperity is built not only by generating income but also by protecting it.”

With economic activity expected to strengthen further and demand for financing projected to increase across several sectors, Mutual Benefits believes that the future of financial inclusion in Nigeria will depend on creating an ecosystem where access to credit, savings and protection work together to improve financial well-being.

The company reaffirmed its commitment to supporting Nigerians through innovative insurance solutions and accessible financial services that empower individuals, families, and businesses to build resilience, pursue opportunities confidently, and achieve lasting financial security.

Mutual Benefits Assurance Plc is one of Nigeria’s leading insurance companies with over 30 years of experience in providing reliable and innovative life and non-life insurance solutions to individuals, families and businesses. Through innovation, customer-centricity and a commitment to financial inclusion, the company continues to deliver value, protection and peace of mind to customers across Nigeria.

On its part, Mutual Microfinance Bank is committed to expanding access to financial services for individuals, micro-enterprises and small businesses through innovative savings products, accessible financing solutions and customer-focused banking services that promote economic empowerment and financial inclusion.


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Trashverse Recycling Technology Emerges Winner as MTN’s The Gathering on 100 Pitchathon Concludes with N5m Awarded in Aba

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MTN Nigeria has successfully concluded the Aba leg of its youth cultural and creative movement, The Gathering on 100. The 18-hour event marks a significant milestone for entrepreneurship in Eastern Nigeria.

Trashverse Recycling Technology Emerges Winner as MTN’s The Gathering on 100 Pitchathon Concludes with ₦5 Million Awarded in Aba

The event, which took place at the Prime Time Event Centre in Osisioma from June 14 to 15, 2026, transformed the venue into a tech hub for young innovators in Aba.

The Pitchathon had 10 standout startups compete for a total prize pool of ₦5 million. The competition showcased the immense potential of Aba’s youth, encouraging them to live life to the fullest through technological and creative excellence.

The participating startups, representing a cross-section of Aba’s burgeoning innovation ecosystem, impressed judges with solutions ranging from logistics to artisanal tech. Among the finalists were Trashverse Recycling Technology Limited founded by Charles Ikechukwu, Yadah Food, founded by Deborah Enyinnaya and Utytrends Global Ventures led by Utibe Akwa.

After a rigorous evaluation by judges Chiemela Anosike, Dr. Chime Chimezie-Uche, and Justina Nwokedi, the winners were officially announced. Trashverse Recycling Technology Limited, led by Charles Ikechukwu, claimed the first-place prize of ₦2.5 million.

Ikechukwu, founder of Trashverse Recycling Technology Limited, shared his excitement “Winning this pitchathon is a dream come true for our team. The support from The Gathering on 100 and MTN validates our vision and provides the financial backing we need to scale our production and serve more customers in Aba and the global stage.”

Utytrends Global Ventures secured the second-place prize of ₦1.5 million, while Yadah Food took home ₦1 million. These founders showcased solutions that blended local ingenuity with scalable technological frameworks, reinforcing Aba’s reputation as a powerhouse of Nigerian manufacturing and entrepreneurial spirit.

The Gathering on 100’s Pitchathon provided a platform for these early-stage founders to validate their business ideas before an audience of investors and industry stakeholders. For the winners, the funding serves as a catalyst to scale their operations and fulfill market demands, effectively bridging the gap between innovative concepts and industrial-scale production.

Reflecting on the Pitchathon, the Regional Manager, Operations, Southern Region, MTN Nigeria, Ifeanyichukwu Odom, said “Aba has always been a city of creators, innovators, and dreamers. Today, we witnessed young people expressing their passions across business, creativity, culture, and technology. The Gathering is about giving them a platform to be seen, heard, and celebrated.”

She noted that the Pitchathon had showcased the depth of talent and innovation emerging from the region, with participants presenting solutions capable of creating meaningful impact in their communities. “The Pitchathon winners made one thing clear, the Eastern Nigeria startup ecosystem is not waiting to be discovered. It is already forming, and it is ready when structure and support meet ambition. Through the power of connectivity and digital innovation, MTN remains committed to helping young Nigerians unlock their potential and Live It 100.”

This Aba edition built on the momentum of the Lagos edition held at the National Stadium, Surulere, in April, where eight startups received ₦45 million in funding. With its Aba execution, MTN has deepened access to opportunity and visibility for the next generation of business leaders.

 


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KidsCook Showdown 2.0 Set to Empower Public School Pupils with Culinary, Life Skills

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Dominion Consultancy Concepts has officially announced the second edition of the KidsCook Showdown, a unique educational and creative cooking competition designed to foster leadership, teamwork, creativity and accountability among children ages 6 to 8.

Following its successful debut in 2025, this latest edition marks a significant milestone by securing the official approval of the Lagos State Universal Basic Education Board (LASUBEB). For the first time, the initiative will shine a spotlight on public education, featuring 20 children within the ages of 6 to 8 years old, selected from 10 public primary schools across the Kosofe Local Government Area.

The KidsCook Showdown is far more than a typical cooking contest. Under the close guidance of professional chefs, the young participants will work in teams to tackle fun, high-energy culinary challenges.

Rather than focusing solely on the final dish, a panel of judges will evaluate the children on essential life skills: teamwork, confidence, time management, communication, and hygiene.

Speaking about the vision behind the program, Enitan Tanimowo, Director of Dominion Consultancy Concepts, emphasised the importance of introducing children to household chores early.

“Our goal is to inspire children to see cooking not just as a chore, but as a fun, creative way to develop themselves, learn discipline, and build confidence and these skills help them into the future,” Tanimowo stated.

“By expanding into our public schools with LASUBEB’s vital support, we are ensuring that children from all backgrounds get an equal opportunity to develop leadership and accountability in a structured, inspiring environment.”

Tanimowo added that the initiative directly aligns with the United Nations Sustainable Development Goals—specifically SDG 3 (Good Health and Well-being) and SDG 4 (Quality Education)—by using hands-on, practical learning to promote balanced nutrition and social development. The event is bringing together parents, teachers, and professionals to champion the next generation.

The grand scale of this edition is made possible through the robust corporate and media backing of industry-leading brands. This year’s KidsCook Showdown is proudly supported by Zuri Seasoning, Ribena, Channels TV, Integrated Indigo Limited, and other partners committed to youth development and impactful community engagement in Nigeria.

Together, these partners are helping transform the kitchen into a classroom where future leaders are shaped, one recipe at a time.

 


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