Telecom
Challenges of Broadband Revolution
The growth in telecommunications sector of the country is expected to move from growth level to development where service providers are to consolidate on improved quality of service. Presently, over 80 percent of telephone and internet access in the country are through mobile communications facilitated by satellite and microwave technology. It has been observed by telecom experts that quality of service delivered by operators using the above mentioned technology is affected by atmospheric condition making the technology not suitable for reliable service delivery compared to optic fiber also known as terrestrial infrastructures.
A fibre optic cable is made from a glass or plastic core that carries light surrounded by glass cladding that (due to its lower refractive index) reflects “escaping” light back into the core, resulting in the light being guided along the fibre.
The greatest improvement in access to telephones has had positive impact in virtually all facets of life, including political, social and economic activities, thus resulting in an exponential growth in the subscriber lines due to the widespread of networks across the country.
Quite a number of global technology corporations are extending their operations to Nigeria with a multiplier effect on the economy and trade between Nigeria and other countries of the world and in particular the West African sub region. The result of this is more competitive market environment and high potential for wired line network service providers.
However, it is encouraging to note that despite the current rapid development of telecommunications in Nigeria, there is still a great opportunity for further development as Nigeria being the most populous country in Africa, has an estimated addressable telecommunications market of 120 million subscriber lines, and in view of her landscape, the country remains major market for long distance network operators due to increasing demand for multi service, such as voice, data, broadband internet service, rural telephony access and unified service which provides prospect for wired line service providers.
Some telecom analysts have argued that due to the mobile nature of Nigerians, and as the demand for mobile services continues to grow, that there will be no room for wired line operators. Experience has shown that in order for predominantly mobile operators to improve on their quality of service they must invest in fibre optic backbone, and in order for them to capture multi service segment of the market, they must invest in last mile terrestrial copper infrastructure: there are two ways around this, one is to begin massive investment in this regard, or to invest and or acquire small and medium sized wired line local loop operators.
As the telecommunications industry evolves, it provides increasing opportunity for wired line networks, as operators are challenged to ensure that every city, towns, villages, hamlets, rivers and creeks in Nigeria are covered with multi services: voice, data, video and broadband internet.
Particularly in the new license regime, holders are allowed to provide more than one service under the same license.
The hindrance
The absence of terrestrial infrastructure in the telecommunications industry is being felt in all service deliveries especially as the industry witnessed an unprecedented capacity with the landing of two undersea cable Glo 1 and MainOne. For instance, in direct-to-home satellite television broadcasting it is a common occurrence for service to be disrupted each time it rains. More so, the hope of offering a broadband internet service cannot be realized without a fibre optic infrastructure. Its absence is responsible for narrow band service rendered in the sector.
From multiple taxes to right of way and to harassment, the operators reeled lengthy list of impediments to their road to making broadband ubiquitous and affordable.
Engr. Gbenga Adebayo, chairman, Association of Licensed Telecommunications Operators of Nigeria (Alton), the umbrella body of operators in the telecom space, said that granting multiple operational licenses to operators to provide metro and national fibre infrastructure does not guarantee investment in that regard but implementation of well articulated policies that will encourage operators to invest their money.
Adebayo said Government must go beyond granting of licenses to eliminating those barriers and ensuring security of their investments.
The Alton boss explained that broadband services are anchored on availability of bandwidth, and that with excess capacity of it at Nigeria’s shore, investment needed to be encouraged to distribute this capacity to various geographical areas of the country for broadband revolution to be experienced as is the case with voice service.
He added that licensed operators are yet to invest in provision of infrastructure because of clumsy process of securing ‘right of way’ from various government agencies.
Nigeria CommunicationsWeek gathered that ‘right of way’ is a legal instrument allowing operators to deploy infrastructure on federal or state roads with a fee.
With the multiplication of this legal instrument by various local government area authorities’ operators find it difficult to deploy services.
With this comes non-availability of fibre backhaul infrastructure required to distribute bandwidth from Lagos where the submarine cable landed to other parts of the country resulting in high cost of bandwidth and poor quality.
Mohammed Rudman, managing director, Internet Exchange Point of Nigeria, said that availability of distributive channels of internet and making it accessible to ISPs is essential for the country to witness a broadband revolution.
“Without moving internet capacity from Lagos to other parts of the country, we may witness a lopsided broadband revolution, only in Lagos and its environs,” he said.
Vivo, Chinese smartphone maker has signed a memorandum of understanding (MoU) with Credit Direct, Nigerian consumer finance company to launch a device financing programme in the country.
L-R: Toni Liu, CEO, vivo Nigeria, and Chukwuma Nwanze, MD/CEO, Credit Direct, at the MoU signing in Lagos
This initiative aims to remove barriers to smartphone ownership while supporting Vivo’s expansion strategy in Nigeria.
Under the terms of the agreement, customers can purchase a Vivo smartphone by paying 20% upfront and spreading the remaining balance over six months.
Credit Direct will provide the financing.
Both companies target sales of more than 200,000 devices in the first year.
“People who need smartphones but cannot pay upfront can now do so through a payment plan that does not strain their monthly income. Our mission has always been to make financial solutions a universal opportunity, and this is exactly what this represents in practice. I am truly excited about what we can achieve together,” said Chukwuma Nwanze, chief executive officer of Credit Direct.
This initiative comes as smartphone financing programs gain momentum across Africa, where device affordability remains a key barrier to mobile internet adoption.
According to the GSMA, the median cost of an entry-level smartphone in Nigeria fell from $84 in 2018 to $18 in 2024, reducing its share of average monthly income to 26%.
However, currency depreciation and rising living costs have offset much of this progress.
For the poorest 40% of Nigerians, an entry-level smartphone still represents 56% of monthly income, while it accounts for 73% for the poorest 20%, highlighting persistent affordability constraints among vulnerable households.
Despite these challenges, smartphone ownership reached only 27% in Nigeria in 2024, according to the GSMA, leaving significant room for growth.
Data from StatCounter shows that Vivo held a 1.18% market share at the end of March 2026.
The company remains far behind market leader Tecno with 18.72%, followed by Infinix at 16.28%, Samsung at 15.4%, Apple at 14.15%, and Xiaomi at 8.17%.
Other players such as Oppo, Itel, and Huawei also operate in the market.
Nigeria’s foremost payments and financial inclusion dialogue platform, Payments Forum Nigeria (PAFON 3.0), will hold this Friday, April 24, 2026, at the prestigious Lagos Oriental Hotel, Lekki Road, bringing together regulators, fintech leaders, banks, policymakers, agent networks, cybersecurity experts, innovators, and ecosystem stakeholders to shape the future of digital payments in Nigeria.
Payments Forum Nigeria (PAFON 3.0
With the theme: “Fair Digital Payments as a Catalyst for Deepening Financial Inclusion in Nigeria,” PAFON 3.0 comes at a defining moment for the country’s digital economy as stakeholders seek practical pathways to close the inclusion gap, strengthen trust in payment systems, and accelerate access for underserved populations.
Why PAFON 3.0 is Different
“Unlike routine conferences, PAFON is a solutions-driven forum designed to bridge policy conversations with market realities.
“The event uniquely convenes fintech operators, agent banking networks, cooperatives, payment innovators, cybersecurity professionals, and thought leaders under one roof to tackle real challenges affecting Nigerians at the grassroots”, said Peter Oluka, co-convener of Payments Forum Nigeria.
“From digital trust and cybersecurity to agency banking, embedded finance, stablecoins, eNaira, SME growth, and healthcare financing, PAFON 3.0 is positioned as one of the most strategic gatherings in Nigeria’s payments ecosystem this year”, Oluka added.
High-Profile Keynote Speakers Confirmed
This year’s edition will feature a distinguished lineup of keynote speakers and industry leaders, including Prof. Adewale Peter Obadare, chief visionary officer, Digital Encode, and Dr. Jameelah Sherrief-Ayedu, vice president, FintechNGR & CEO, Credit Registry
Other confirmed speakers include, Dennis Ajalie, managing director, TeamApt Ltd.; Mr. Chika Nwosu, managing director, PalmPay Nigeria; Uche Uzoebo, MD/CEO, Shared Agent Network Expansion Facilities (SANEF Limited): Special Guest of Honour; Chike Onwuegbuchi, Chairman, Nigeria Information Technology Reporters Association of Nigeria (NITRA); Mojeed Abayomi Agboola, national president, Financial Inclusion Agents Multipurpose Cooperative Society (FIAMCS); Ibirogba Oluwagunwa, chairman Lagos Chapter, Association of Mobile Money and Bank Agents in Nigeria (AMMBAN); Sarafadeen Atanda Fasasi, and president, Association of Financial Inclusion Agents of Nigeria (AFIAN).
Fireside Chat on Africa’s Next Innovators
Another standout session will explore the future of digital currencies and regional interoperability: Stablecoins vs. eNaira: Orchestrating a Unified Digital Payment Rail for West Africa
This special fireside chat, hosted in collaboration with Lagos Blockchain Week, promises fresh perspectives on the next phase of Africa’s payment innovation journey.
Chuwuemeka Enoch Mbaebie, Lead convener of LBW will host the session alongside Senator Ihenyen, Lead Partner of Infusion Lawyers and Founding Trustee of the Virtual Asset Service Providers Association (VASPA); Victoria Oluebube Igboanugo, marketing lead, Lagos Blockchain Week; Chidubem Emelumadu, ecosystem lead (Africa), Lisk, and Harrison Obiefule, Nigerian lead for Superteam.
More Activities Lined Up
Attendees will also experience product demo of Myitura Healthcare Financing Solution;
Townhall Meeting on The State of Agency Banking in Nigeria led by AMMBAN; Goodwill messages from leading institutions and industry associations, and strategic networking with decision-makers across banking, fintech, regulation, media, and innovation ecosystems
PAFON 3.0 is expected to attract C-suite executives, startup founders, regulators, investors, digital payment operators, development institutions, policymakers, and professionals seeking to understand where Nigeria’s payment future is heading.
Participation
Participation is free.
The application deadline for the fifth edition of the MTN Media Innovation Programme (MIP) has been extended to April 25, 2026, organisers have announced.
MTN Nigeria Media Innovation Programme
The extension offers additional time for qualified media professionals and digital content creators across Nigeria to apply for the fully funded programme aimed at advancing storytelling and media innovation.
The initiative is sponsored by MTN Nigeria in partnership with the School of Media and Communication, Pan-Atlantic University (PAU).
Organisers said the 2026 cohort would admit 25 fellows, an increase from the previous 20, in line with MTN Nigeria’s 25th anniversary and its continued commitment to strengthening the country’s media ecosystem.
Launched in 2022, the six-month certificate programme provides participants with training in media innovation, leadership and digital transformation.
It features academic sessions at PAU, industry engagements and an international study visit, including sessions at the University of Johannesburg.
According to the organisers, the programme has produced a growing network of alumni contributing to Nigeria’s media landscape through leadership roles, new media ventures and impactful storytelling.
The programme is open to practitioners across print, broadcast, digital and social media, with applicants expected to demonstrate a strong commitment to innovation and professional development.
Interested applicants can submit their entries through the School of Media and Communication website.
Shortlisted candidates will undergo a rigorous selection process, with successful applicants expected to commence the programme in May 2026.
Nigeria CommunicationsWeek reports that the initiative is part of broader efforts to equip media professionals with the skills needed to adapt to the evolving digital economy.
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