Telecom
Fashola, Ndukwe, Others Applaud MTNF “Decade of Impact”
MTN Nigeria Foundation “MTNF” an arm of MTN Nigeria responsible for the Corporate Social Responsibility (CSR), on Tuesday received applauses eminent personalities, communities and families it impacted in the last ten year.
MTNF was established in 2005 for the purpose of focusing MTN Nigeria’s efforts in terms of its Corporate Social Responsibility initiatives to help reduce poverty and foster sustainable development in Nigeria.
The Foundation which has spent over N13billion on 341 projects sited across the 36 States of the Federation and the FCT, received commendations, especially from Mr. Babatunde Fashola, the immediate past Governor of Lagos State and keynote speaker; Dr. Ernest Ndukwe, the pioneer executive vice chairman of the Nigeria Communications Commission (NCC); Dr. Pascal Dozie, chairman, MTN Nigeria, Prince Julius Adelusi-Adeluyi, chairman of MTNF; Mr. Michael Ikpoki, MD/CEO, MTN Nigeria, among others, at the ceremony held at Eko Hotel in Lagos.
In a keynote address titled, “The Role of CSR in Nigeria’s Sustainable Development”, said that while in office as Governor of Lagos has witnessed MTNF’s penchant interest and active involvement in tackling issues around health, education, security, environment and sports.
Brief Overview of MTNF’s Philosophy
These, according to Fashola, were summoned in one of Dr. Pascal Dozie’s rare interviews in a newspaper who said “…we agreed that we …will engage people who had a molecule of virtues, who understood the principles of good governance and what it takes to be responsible”.
The keynote speaker said, “These are underprinning philosophers of MTN as Telecommunications Company and Dr. Dozie provides clarity of vision and purpose behind the MTN foundation, which is the CSR platform of the MTN business”.
MTNF’s Contributions in Fashola Era
Fashola recalled “MTN foundation singlehandedly equipped a laboratory with vocational and technical equipment for the training of our young children in our technical college Ikorodu. I know that MTN foundation intervened in collaboration with us to provide two Haemodialysis machines in our general hospital in Igando, Alimosho, although we have since completed Gbadaga Cardiac and Kidney centre that now has 24 dialysis machines”.
The ex-Governor also lauded MTNFoundation’s input towards installing free emergency phones on the third-mainland bridge, “which was eventually unsuccessful because the phones were vandalized.
“On the basis of the evidence available to me, MTN Foundation must stand free of any suggestion that they seek to mask or distract the public from the ethical question that their (operational) activities create”, he said extolling the platform’s achievements in the past 10 years.
Separating CSR From Core Telecoms Business
On his part, Dr. Ernest Ndukwe, former EVC of NCC and chairman, OpenMedia Group, said that MTN Nigeria’s ability to separate the CSR platform from the core telecoms business deserves commendations and shows its commitment to impact lives “for good” and participation in building the nation’s economy.
“For you to have a separate entity in charge of CSR initiative and participate in private-public partnership (PPP) projects simply show how interested the Company is in adding value to the society. MTN deserves commendations for that”, Ndukwe said.
He said that while some corporate bodies are yet to understanding the core meaning of CSR, MTNF has gone ahead to strategically engage on credible projects, especially the sustainable ones.
The Genesis of MTNF
Also, Prince Julius Adelusi-Adeluyi, chairman of MTNF, reiterated that in September 2004, MTN Nigeria Communications Limited consulted with a diverse group of stakeholders across the country including Philips Consulting, to ascertain the needs of the Nigerian people.
The findings of the rich consultative process, he said, enabled the development of a more focused strategy under the three portfolio areas, Education, Health and Economic Empowerment.
“In conjunction with local and international partner organisations, MTN Nigeria Foundation remains committed to improving individual and communal lives through social investment projects that nurture people’s inherent abilities, care for and respect people’s dignity and help create economic value in their lives. The Foundation has been able to produce an overall positive impact on society, as evidenced in the numerous awards it has received over the years,” Adelusi-Adeluyi said.
The Chairman said he is delighted with the progress made by the Foundation since inception, and the significance of the numerous projects and activities which it has been involved in.
To Nonny Ugboma, executive secretary of MTNF, the journey has taken the team through several memorable roads, touching lives and building enduring friendships along the way, while they have made significant impact through 341 project sites located in all 36 states and the FCT gulping over N13billion.
“MTNF was established as answer to needs and close some gaps in the society. At launch, just few companies had their CSR rightly targeted at the rural dwellers in the country; so we set the pace”, he said.
According to her, the projects have been impactful and sustainable due to the support garnered from the MTNF board, private, public organisations and civic societies as well as the project partners and the MTNF team.
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News
NITDA Communications Director Hadiza Umar Named in 2026 PR Power List, Graces Glazia Magazine Cover
Mrs. Hadiza Umar, Director of the Corporate Communications and Media Relations Department at the National Information Technology Development Agency (NITDA), has been officially recognised as one of Nigeria’s top public relations professionals in the prestigious 2026 PR Power List.
The definitive annual list, compiled by GLG Communications in partnership with The Guardian, was unveiled to commemorate World PR Day.
It celebrates 50 outstanding professionals within Nigeria and the diaspora whose strategic communication strategies have significantly shaped organisations, influenced public discourse, and advanced the profession over the past 12 months.
Adding to the momentous milestone, Mrs. Umar was hit with a major surprise at the exclusive PR Power List Soirée and Awards ceremony held at the Alliance Française in Ikoyi, Lagos, where she was unveiled as a front-cover personality for the Glazia Magazine PR Power List Special Issue.
The double recognition highlights her exceptional distinction and impact in public sector communications and narrative management.
Speaking on the dual achievement, Mrs. Umar expressed profound gratitude for the honours, describing the magazine cover appearance as a breathtaking surprise.
“I am deeply humbled and honored to be recognized on the 2026 PR Power List and to feature on the cover of Glazia Magazine alongside other exceptional industry titans,” Umar said.
“This milestone is a testament to the enabling environment and visionary leadership of the Director General of NITDA, Kashifu Inuwa Abdullahi, CCIE, which has allowed us to strategically drive the narrative of Nigeria’s digital economy and technological innovation.”
Mrs. Umar, a highly respected corporate communications strategist, holds professional fellowships in the Nigerian Institute of Public Relations (Chartered), the African Public Relations Association (APRA), and the Institute of Corporate Administration (CICA).
Under her supervisory role, NITDA’s media relations have consistently projected national information technology frameworks, start-up support frameworks, and digital literacy initiatives, to position Nigeria competitively on the global stage.
The 2026 PR Power List selection process involved a rigorous, independent evaluation led by a distinguished international jury.
The organisers noted that the class of 2026 represents professionals raising the standard of strategic communications and introducing new ideas to the industry.
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.
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