General News
Globaltouch to Revolutionize Satellite Communications–Mohammed

Engr. Isaiah A. Mohammed, managing director, Globaltouch West Africa is a known personality in the telecommunications industry in the country. He started his career in Nigerian Telecommunications Limited (Nitel) where he retired in 1996 as executive director. He thereafter, was appointed into the board of Nigerian Communications Commission (NCC), it was after leaving NCC that he started Globaltouch. He spoke to chike onwuegbuchi and funmi ilesanmi on the roll out plans of his company and other issues in the industry.
Unique Feature of Global Touch Tracking System
The difference is in coverage. Our coverage is ubiquitous because since our satellite hovers at 1500km, so we are able to cover the whole country. GSM operators delivering data services use bandwidth stations invariably there is always black spot. Subscribers will always have to contend with lack of coverage but in our case, data is always available so we have full coverage all over the country and beyond.
Accessing the Service
What you will purchase are modems which you programme and put on your handset and you can track the web. We are going into voice service later, when we start selling our voice phones, we will always have the same universal coverage. Presently, we can program our modems to send SMS messages on existing GSM phones, so, if we could do that on GSM phones, we can also do it on our phones certainly.
Launching Voice Service
We cover the whole country from day one. From our gateway in Kaduna, we access the whole country so we are not going from village to village. When we started in November, the whole country was covered. We are looking at connectivity between our gateway and the rest of the networks. Nitel unfortunately which we would have connected to in Kaduna is now a little bit narrow band, so we are now looking at the licensed carrier to carry our voice service. When this is sorted out, we will roll out voice service. We cannot loose hope on Nitel because it is a national asset and I am sure it will bounce back but of course we have to continue offering services until that time comes.
How your Data Service Works
We have standard lamp modem, electric powered with batteries that can last up to seven years. So if you put it on your remote asset you can sit down in the comfort of your office and see the performance of that asset. If it is a moving asset, you can see it as it gets boosted or integrates you to be monitored by you remotely.
Monitoring Information
Oil companies can use it to monitor let’s say pipelines. Anybody can also use it to control their data acquisition. Our platform is suitable to provide that service because people can sit down in their offices and see what happens with their assets. They can monitor the condition of their pipelines, warehouse, tankers and everything else.
Relationship with Global Star
With over 350,000 subscribers, Globalstar is the world’s largest provider of mobile satellite voice and data services. Globalstar offers these services to commercial and recreational users in more than 120 countries around the world. The Company’s products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.
Globalstar is the owner of the constellation of which there are 48 satellites hovering around at lower orbit. This means1500 kilometres above the earth, so if you imagine a tower 1500km high, the coverage is very very high indeed and that is why we cover the whole country.
Also, with broadband of fibre, we have involved Globalstar in the operation of Global Touch and they have up to 30 percent equity interest in GlobalTouch. That means that we can guarantee that they will be with us forever, they are not running away by the reason of the equity interest they have in GlobalTouch.
By virtue of having equity interest, they are on the Board of GlobalTouch. It means that the performance of management of Globaltouch is strictly on them. Whatever it takes to ensure that GlobalTouch succeeds, I am sure they will perform.
Mapping
Mapping is a different thing all together. There are many mapping people out there, so we are going to use them. It depends on whichever mapping the operator wants to do. We will offer Google Earth as a matter of cost but if you have your own preference about mapping, we can still compose our tracking maps to suite your need.
Tracking Kidnappers, Others
Yes, that is called the personal tracker which you carry around with you, which consist of alarm setting and so on. That is one of our prime offering; we hope that with that data, security is guaranteed. When you subscribe to that it is very cheap and the lifespan is very long.
Challenges
Doing business in Nigeria is always a challenge and we try to overcome the challenges. In terms of starting a service, we have scaled a lot of hurdles. Now with marketing, we will penetrate the market and compete with what is on ground and in doing so, we have our strengths which we are going to ensure is fully exploited. Starting GlobalTouch some years after acquiring license is part of the challenges we have to face. Raising funds and getting the banks to support long time projects.
Power
The power issue is not peculiar to telecoms, it applies to every facet of Nigerian life but since we have only one gateway, we have made sure we have full backups. We have giant generators that will ensure that 24/7 we have power on site and PHCN access standby.
GlobalTouch in the next Five Years
In the next five years, we will be the foremost data carrier in Nigeria and beyond. Our gateway also covers all the way to Cote d’ivoire and all the way down to Gabon. We will saturate all of these sub-regions with our services in terms of data and voice. That is where we hope to position ourselves in the next five years.
Global Touch in the Telecommunications Space
Global Touch has been licensed to provide a type of service called Global Satellite and Mobile Communications (GMPCS). We use orbit satellite which is a footprint that covers the whole country so that there is no black spot in the whole country. We commence data services mostly tracking in November last year. Our tracking services are far superior to anything that is on ground at the moment because we do not have any black spot at all. Later on, we will extend to full duplex and voice services. Full duplex is a two-way data, it means you can send and receive information.
We also offers asset tracking service which enables you to keep track of your mobile assets anywhere in West Africa. A satellite tracking unit is to secure your asset. The self contained, self powered satellite tracking unit sends location and alarm information across the Globalstar satellite network which enables you to locate, map and track mobile assets throughout West Africa and its surrounding waters.
Collect and deliver telemetry data from your remote monitoring solution – with or without mapping.
View and manage assets online through the secure, feature rich, simple to configure Web based application. Always stay in touch through sophisticated schedule or event driven alerting functionality delivered via email or SMS (where available).
Globaltouch will be offering high quality and affordable voice services to our customers using either fixed phones or handheld. Trial commercial voice services started late in 2009 with full commercial services being launched in 2010.
Globalstar data communications allow businesses the power to access, send and receive data from remote areas around the world. Special Purpose Modems can be integrated into solutions for asset tracking and remote sensing, monitoring and control of in-field operations. Two-way data communications may be either asynchronous or packet based with connection speeds of up to 9.6 kbps. Trial commercial of 2-way data services commenced last year with full commercial services bid to be launched in 2010
General News
Dangote Refinery’s Private Placement Reportedly Hits $2.5Bn

Dangote Petroleum Refinery is reportedly nearing completion of a $2.5 billion private placement that values the company at about $40 billion ahead of its planned public listing.

Private placement is the direct sale of company shares or bonds to pre-selected investors instead of the general public and it is used to raise money quickly while avoiding strict public reporting rules.
People familiar with the transaction said investors acquired as much as 6 per cent of the refinery, according to a BusinessDay report.
The reported terms would value the business at approximately $40 billion.
Neither Dangote Group nor the refinery has publicly announced the final amount raised, the identities of most subscribers or the precise percentage sold.
The figures should therefore be treated as transaction details supplied by unnamed sources rather than confirmed company disclosures.
The reported $2.5 billion total is nevertheless significant as it indicates strong demand for exposure to a privately controlled refinery that has rapidly become central to Nigeria’s fuel supply and an increasingly important exporter of petroleum products.
The placement was said to have attracted more demand than the available shares, allowing the company to secure substantially more than the amount initially associated with the fundraising exercise.
Femi Otedola, chairman, First HoldCo, is the only major participant publicly identified in the report.
He reportedly committed $100 million to the transaction and sold his investment in Geregu Power Plc to finance the acquisition.
Nigeria’s pension industry was also reportedly cleared to participate.
Access to more than $17 billion in retirement assets would broaden the refinery’s potential investor base beyond wealthy individuals and conventional institutional buyers.
Participation by Pension Fund Administrators would, however, require careful attention to valuation, liquidity and portfolio-concentration limits.
Retirement funds must balance the attraction of a large Nigerian industrial asset against their responsibility to protect contributors’ savings.
The implied $40 billion valuation represents investor expectations about the refinery’s future earnings rather than only the physical cost of constructing the facility.
Its ability to process 650,000 barrels of crude daily gives it a central role in supplying Nigeria and other markets, but its commercial performance remains connected to crude availability, product prices, exchange rates and regulation.
The refinery has struggled to obtain all the Nigerian crude it requires under the government’s naira-for-crude arrangement.
It has consequently purchased some feedstock internationally and recently moved local petroleum-product pricing into dollars to align sales revenue more closely with its foreign-currency expenses.
Those constraints will be important during any public offering.
Prospective shareholders will want greater clarity on crude-supply contracts, debt, operating margins, export revenue and the company’s relationship with Nigerian regulators.
It is also unclear whether the private placement involved newly issued shares, a sale by existing owners or a combination of both.
That distinction determines whether the reported $2.5 billion becomes fresh capital for the refinery or proceeds received by selling shareholders.
The transaction could provide a useful price reference for the planned initial public offering.
General News
FG, UNODC Plan National Strategy against Organized Crime

Federal government will next month launch Nigeria’s first national organized crime strategy to strengthen the country’s response to terrorism, cybercrime, human and drug trafficking, kidnapping, illicit financial flows, and other forms of organized crime.

Major General Adamu Laka, national coordinator of the National Counter Terrorism Centre under the Office of the National Security Adviser, disclosed this in Abuja during the validation of the strategy document.
He said the strategy provides a coordinated national framework for tackling organized crime through improved intelligence sharing, stronger collaboration among security agencies, and closer cooperation with the criminal justice system, civil society organizations, and international partners.
Major General Laka explained that the document was developed through a partnership involving the Federal Government, the United Nations Office on Drugs and Crime (UNODC), the United States Government, and other stakeholders.
Speaking at the event, Cheikh Toure, UNODC representative, said the strategy would strengthen Nigeria’s capacity to combat transnational crimes, including drug trafficking, cybercrime, human trafficking, kidnapping, and illicit financial flows.
Also speaking, Douglas Grane, acting director of the United States Department of State’s Bureau of International Narcotics and Law Enforcement Affairs, reaffirmed the U.S. government’s support for Nigeria’s efforts to tackle organized crime through stronger inter-agency and international cooperation.
Representatives of the National Institute for Strategic Studies, the Nigeria Financial Intelligence Unit, and the National Cyber Security Centre also endorsed the initiative, describing it as a major step towards improving Nigeria’s fight against organized crime.
General News
Foundations Launch Youth Entrepreneurship Incubation Programme

FATE Foundation, with funding from the Citi Foundation, has launched the Youth Entrepreneurship Incubation Programme to equip young people in Nigeria with financial literacy and entrepreneurship skills.

Delivered through free, safe, and accessible platforms, the programme supports the incubation and scaling of youth-led enterprises, enabling income generation and job creation.
In October 2025, FATE Foundation was selected as a recipient of Citi Foundation’s 2025 Global Innovation Challenge to Accelerate Youth Employability. Joining the cohort of 50 organisations globally, the Foundation will receive $500,000 over two years to advance its youth employability initiative.
“We are excited to be selected for Citi Foundation’s 2025 Global Innovation Challenge,” said Ayomide Akindolie-Igwe, Executive Director of FATE Foundation.
“This support enables us to equip young entrepreneurs in Nigeria with the financial literacy and skills needed to build and scale sustainable businesses.”
The programme addresses youth employability by tackling Africa’s growing jobs crisis. By 2030, the African continent will be home to 40% of the world’s youth, and with one in three under 35 already unemployed, this initiative will support Nigerian youth with a two-phase approach. It begins with financial literacy training before progressing to entrepreneurship development, incubation support, and access to tools needed to build viable, job-creating businesses.
“Through this innovative initiative, FATE Foundation is supporting low-income Nigerian youth to develop essential financial and entrepreneurial skills using accessible platforms.
“This support is not just helping individuals to succeed; it is building a solid foundation for sustainable enterprises that will drive job creation and contribute significantly to our nation’s economic vitality. This initiative is empowering and investing in the future of Nigeria, one youth at a time,” said Nneka Enwereji, MD/CEO Citibank Nigeria Limited.
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