Telecom
Reps Urge FG to Revoke Sale of NITEL/MTEL
House of Representatives, yesterday, resolved to conduct an investigation into the sale of Nigerian Telecommunications (NITEL), and Mobile Telecommunications (MTEL), by the Bureau of Public Enterprise (BPE).
Consequently, the House mandated its Committees on Telecommunications and Privatisation to conduct a comprehensive investigation into the liquidation and takeover of the two companies by NATCOM and report back to it in eight weeks for further legislative actions.
The resolution followed a motion titled: “Call for Investigation of the Sales of Nigerian Telecommunications, NITEL, and Mobile Telecommunications, MTEL, by NATCOM”, brought by Hon. Henry Nwawuba.
In his lead debate, the lawmaker expressed the concern that since the sales and subsequent takeover of the companies by NATCOM, there have been lots of controversies, especially their alleged under-valuation.
Nwawuba said the two telecomm entities have the potential to generate huge income and provide employment to Nigerians, especially with the huge population of over 170 million.
He said there was every need to resolve the issues surrounding the sales and takeover of NITEL and MTEL by NATCOM.
Contributing to the debate, Minority Leader, Leo Ogor, who regretted that NITEL and MTEL are worst now than before their sales, said the privatisation policy was favoured foreigners to siphon the country’s resources.
Others, who also contributed were unanimous that the buyers of NITEL and MTEL were more interested in the assets of the two companies than reviving them.
They alleged that almost all the telecommunications service providers in the country today were making use of the facilities of NITEL and MTEL.
The lawmakers were unanimous too that the probe takes a critical look at the country’s privatisation laws to immediately reverse the sales, insisting that there were needs “to ensure that these assets are returned to the real owners who are the Nigerian people.”
The motion enjoyed an overwhelming support by the House, presided over by the Speaker, Yakubu Dogara.
It would be recalled that in December 2014, NITEL and MTEL were sold to NATCOM for $242.3m by BPE. However, the probe by the House will cover the period from year 2003.
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
Angst as FG Demands 7.5 Percent VAT on Mobile Bank Transfers, USSD
Glo Unveils Immersive Gaming Experience, Travel Saga
Half of Global Companies Build SOCs to Enhance Cybersecurity, with a Focus on Human Expertise
Moniepoint Launches Second Cohort of DreamDevs Initiative to Double Down on Africa’s Tech Talent Pipeline
NITDA DG Reaffirms Nigeria–U.S. Partnership on Data Privacy, AI and Cybersecurity
Banks quietly move to enforce new ₦50 transfer levy from Jan. 1
FIRS says NIN, CAC Numbers to Serve as Tax IDs from 2026
Nigeria Takes the Lead in the Global WSIS+20 Digital Agenda
Nigeria Police Arrest Okitipi, Nigerian Allegedly Linked to Microsoft 365 Hack
PalmPay Launches N400 Million World Travel Carnival, Rewarding Users with Free Global Trips
E-Financial2 days agoWema Bank Upgrades ALAT Banking App
General News2 days agoFirm Launches AI-powered Platform to Simplify New Tax Laws
Telecom2 days agoX Suspends Twitter Account for Rules Violation
E-Business2 days agoStudy Reveals 88.5% of Phishing Attacks Focus on Stealing Account Credentials
General News1 day agoPalmPay, Premier Cool to Reward 10,000 Nigerians with ₦100m in “10k for 10k Campaign”
News2 days agoNigeria, Others Lag Behind as Egypt Tops Africa in AI Readiness
E-Financial1 day agoEcobank Joins Trillion-naira Club for the First Time in 20 Years
E-Business1 day agoKaspersky Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk