Telecom
Investments in Telecoms Hit $68Bn in Nigeria

Despite what looks like economic downturn, investments in the fast growing telecommunications sector have been put at $68b as at July, 2016.
Of this figure, $35 billion comes from Foreign Direct Investments (FDIs)
Dr. Hamadoun Toure, immediate past secretary general of the International Telecommunications Union (ITU), as keynote speaker at the Nigerian Telecoms Investment Forum at the just concluded ITU Telecom World 2016, Bangkok, Thailand said these figures recorded so far in Nigeria point to the fact that “the country is certainly a preferred destination for telecommunications investors in Africa”.
Toure told the audience including Communications Minister, Barr. Adebayo Shittu, Governor of Kaduna State, Malam Nasir El-Rufai, Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar G. Danbatta, members of the Diplomatic Corps, Chief Executives of agencies under the Ministry of Communications and major telecommunications companies from Nigeria, Thailand, Senators and Members of the National Assembly among others that Nigeria is the place to invest because the population is large, there is political stability and a very robust telecommunications regulatory regime.
He explained that within 15 years when Nigeria opened its telecoms sector to the global community, investments have grown in leaps and from a paltry 400,000 connected lines in 2001, the country now has over 150m connected lines and a teledensity of 107 percent.
“The next growth for voice communication is in Quality of Service. The new oil in Nigeria is ICT and data transmission is the way to go”.
He was particularly excited that while he served as Secretary General of ITU, Nigeria occupied the number one position as the fastest growing telecoms sector for five consecutive years.
Toure told current and potential investors that the Nigerian Communications Commission (NCC) has done a very good job with the way it has managed regulatory activities transparently and by the fact that law makers from Nigeria were also part of the audience he spoke to at the venue, underscored the importance Nigeria attaches to this sector.
He said he is more Nigerian than his native Mali because Nigeria has always led the way, adding “Nigeria should share its experience with other African countries”.
While assuring existing and potential investors in Nigeria of Government support and protection at all times, Shittu, who spoke on behalf of President Muhammadu Buhari said since Nigeria was now navigating from resource based to knowledge based economy, “we want to encourage you (the investors) to renew your confidence in our country”.
“Feel free to come to Nigeria and if visa is an issue let us know. Our doors are open and the ease of doing business in Nigeria is being improved upon”
Governor El-Rufai, who served as panelist at the forum alongside Prof. Danbatta, EVC of NCC, Ms. Funke Opeke of MainOne Cable, Mr. Ibrahim Dikko of Etisalat said technology as an enabler has helped Kaduna State to reduce land fraud and tax payments are now done online thus reducing incidents of leakages.
El-Rufai, a former Minister of Federal Capital Territory told the audience that Kaduna will soon launch Smart Kaduna initiative and has contacted a major Smart phone manufacturer to introduce pocket-friendly smart phones to Kaduna to boost the smart Kaduna Initiative.
NCC boss, Danbatta told the audience that the regulator has begun digital transformation through the National Broadband Plan (NBP 2013 – 2018).
The NCC boss explained that since broadband is the catalyst for social and economic transformation, “we have come to let the global community know that investments are welcome in this area”.
He said, the target is 30 percent by 2018 according to the NBP 2013 – 2018.
Although Nigeria has hit 21 percent so far, investments will be needed for 3G, 4G and to take services to underserved and unserved regions of Nigeria, “and we need to deploy infrastructure to those areas that have no services, we understand that and the strategy to address them hence we came out with the 8-point agenda to address this”.
Danbatta told the audience that Nigeria has a very flexible regulatory environment and “we are fare, firm and forthright in our activities”.
CEO of MainOne Cable Company, Ms. Funke Opeke said MainOne Cable has keyed into the National Broadband Plan and hence investments in the Infrastructure Company (Infraco) licence for Lagos to take broadband services to Small and Medium Enterprises (SMEs), Corporate organisations through metropolitan fibre optic links.
“we are building over 1,000km of fibre optic in Lagos and this is part of the building block to encourage broadband penetration”.
Dikko whose company, Etisalat, has over 20million subscriber base said that Etisalat is encouraged to invest in Nigeria because “laws are very clear, policy is good because the NCC hears us out all the time”.
In his contribution, Vice President, New Consumers at MasterCard, Mr. Anand Menon praised Nigeria’s ICT sector for creating an enabling environment for business to grow.
“We at MasterCard believe in Nigeria” Menon added.
Telecom
New Investment Fund Targets Acceleration of Emerging Technology in Nigeria

The International Rescue Committee (IRC) has announced the formation of Airbel Ventures, a new humanitarian impact investing fund aimed at accelerating the introduction and scaling of breakthrough technologies in crisis-affected communities.

The fund will invest in companies whose ideas have the potential to change humanitarian response, including digital infrastructure for frontline health systems and climate-resilient agriculture.
The launch of Airbel Ventures follows a period of rapid innovation at the IRC, despite the humanitarian sector facing record funding cuts.
In the past year, the IRC’s Airbel Impact Lab has advanced more than twenty Artificial Intelligence (AI) and technology initiatives—from anticipatory action tools powered by climate and vulnerability data, to frontline service delivery using safe, orchestrated AI systems, to breakthrough diagnostic tools for emerging diseases.
Airbel Ventures’ first impact investment is in Signalytic, a company delivering solar-powered computing devices that ensure reliable electricity and connectivity for remote health facilities.
Following the investment, the IRC will pilot Signalytic’s technology with its Nigeria Health team, demonstrating the viability of next-generation digital infrastructure in humanitarian settings.
“We know breakthrough solutions already exist—what’s missing is the path to scale in humanitarian contexts,” said Dr. Jeannie Annan, Senior Vice President for Research & Innovation at the IRC and head of the Airbel Impact Lab.
Telecom
MTN Nigeria Suffers 9,218 Fibre Cuts in 2025 as Vandalism, Theft Cripple Network

MTN Nigeria, the country’s largest telecommunications operator, recorded a historic surge in network disruptions in 2025, suffering 9,218 fibre cuts as of December 31, alongside 211 base station sites affected by theft and vandalism, incidents that disrupted mobile and data services relied upon daily by millions of Nigerians.

The data was revealed by Dr Karl Toriola, chief executive officer/managing director, MTN Nigeria via a social media post titled ‘MTN Nigeria 2025 Wrapped’.
The scale of the damage highlights the growing vulnerability of Nigeria’s telecommunications infrastructure, which has come under increasing pressure from road construction activities, cable theft and deliberate acts of vandalism.
MTN said 5,478 fibre cuts occurred within just the first seven months of 2025, with 760 incidents recorded in July alone, underscoring the intensity of the challenge.
Some of the incidents had wide-ranging consequences, knocking out connectivity across multiple states simultaneously and affecting voice calls, data services, digital payments and enterprise operations.
The company described the situation as a national infrastructure problem, rather than an isolated corporate issue, given the economy’s deep dependence on mobile networks.
“These gaps were shaped by real operational challenges such as fibre cuts, theft, and vandalism. Their impact is felt directly by customers and reflected in what they tell us,” Toriola,
The disruptions were reflected in customer feedback volumes, as MTN handled an unprecedented number of complaints during the year. The operator said it resolved 1,624,263 customer complaints in 2025, spanning call centres, social media platforms, emails and physical service centres nationwide.
Despite the setbacks, MTN pointed to signs of operational resilience. The company retained its ranking as Nigeria’s best network by Ookla, returned to profitability after a challenging period, declared an interim dividend, and expanded its subscriber base to over 85 million users by September 2025.
The figures show that while Nigeria’s telecom operators continue to invest heavily in network expansion and customer service, infrastructure sabotage remains a major drag on service quality and operating costs.
MTN acknowledged that performance improvements remain a work in progress. “We are not where we want to be yet. We see you. We hear you. We exist because of you. And we will get better,” Toriola said.
As the company enters its 25th year of operations in Nigeria, Toriola said MTN is doubling down on customer-centricity, treating every piece of feedback as a guide for improvement, while also stepping up engagement with government agencies.
The CEO renewed calls for stronger regulatory and legal protections for telecommunications infrastructure, urging policymakers to classify fibre cables, base stations and other critical assets as national infrastructure and criminalise vandalism to deter repeat attacks.
Telecom
NCC Licences Six New ISPs to Challenge Telcos, Satellite Giants

Nigerian Communications Commission (NCC) has granted operating licences to six new Internet Service Providers (ISPs), effective January 1, 2026, raising the total number of authorised ISPs in the country to 231 from 225 recorded in December 2025.

NCC
The newly licensed firms are Intellvision Technologies Limited, Granet Technologies Limited, Fiber Sonic Limited, Dasol Solution Services Ltd, Boost ISP Limited, and Amazon Kuiper Nigeria Limited.
Five of these companies are headquartered in Lagos, while Granet Technologies Limited operates from Owerri in Imo State, highlighting the persistent concentration of broadband infrastructure in major commercial hubs like Lagos, Abuja, and Port Harcourt.
This development intensifies competition in Nigeria’s broadband market, which faces pressure from dominant mobile network operators such as MTN and Airtel, alongside rapid expansion by satellite providers like Starlink.
Traditional ISPs continue to grapple with shrinking customer bases, aggressive data pricing from telcos, and satellite disruptions, even as NCC data from Q2 2025 showed Spectranet, Starlink, and FibreOne controlling about 65 per cent of the 313,713 active ISP subscribers.
The inclusion of Amazon Kuiper Nigeria Limited marks a significant entry of global satellite broadband competition, building on Nigeria’s recent approvals for other low Earth orbit providers to enhance connectivity in underserved areas.
Industry analysts view the licences as a strategic push to improve internet quality amid rising demand for digital services, though geographic clustering underscores ongoing infrastructure challenges outside urban centres.
NCC’s move aligns with broader efforts to foster a competitive telecoms sector critical to Nigeria’s digital economy ambitions.
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