General News
Embracing Telecom Dynamics for Increased Access
The explosion in technology which ushered in the information age has become the basis for defining power in the modern world.
It is a widely accepted fact that no modern economy can develop without an integral information technology.
Consequently, the ability to easily access and share information and stimulate the creation of new ideas is viewed as essential to maintaining a strong economy and enhancing quality life of citizens.
Telecommunications networks are now making it possible for developing countries to participate in the world economy in ways that simply were not possible in the past.
Communications tools such as telephony, internet and broadband are increasingly critical to economic success and the citizen’s personal advancement.
The internet serves many functions – as virtual community, electorate marketplace, and information source/entertainment center, among others.
Through high speed internet, we can create new businesses or facilitate the delivery of basic services such as health, finance and education.
Available data from the International Telecommunications Union has shown that flows of international telephone traffic closely mirror the patterns of international trade. Indeed, variations in telephone traffic can be used as a leading indicator of national economic performance.
In agriculture, easier and faster access to up-to-date market and price information assists farmers and rural-based traders in their businesses.
Telecommunications can also deliver better access to information on improved seeds, availability of fertilizers, weather forecasting, pest control and other agricultural-related services.
Furthermore, telecommunications play an important role in politics and governance, by enhancing a government’s ability to provide security for its citizens, protect its borders and more efficiently handle civil emergencies and national disaster.
In turn, the citizens gain easier access to government and greater awareness of government programmes and activities. For instance, social media like facebook, twitter among others.
Traditionally, telecommunications had over the years been regarded as public utility provided by government.
However the need to improve services, encourage competition and attract private investment has led to the wave of privatization and sector liberation since the 80’s.
As at the beginning of 2008, nearly all countries in the world have either fully or partially privatized their incumbent operators and opened up the sector market liberalization.
In African with 52 countries, this wave of market liberation has also seen Africa transform to an ICT enabled region, though a lot more needs to be done in the area of penetration of internet and broadband.
On a global level, there are about 150 countries that have established independent regulatory agencies (the ITU: Trends report).
The advances in the last twenty years notwithstanding, in number of countries in Africa, the incumbent operators still retain very strong control of certain segments of the market showing the growth in those markets.
These incumbents are quite often, protected unnecessarily, thereby limiting competition, privatization and commercialization
In some cases where the incumbents have been partly privatized, the selected partners could be those with links in government circles who would be in a position to leverage such connections in influencing delays in opening up of the markets to competition.
In few African nations, exclusivity for the incumbents has been known to have been negotiated for upwards of 10 to 15yeas for example in the Fixed line Networks and International gateway services.
It is advised that where exclusivity still exists for the incumbents, such exclusivity should only be considered if it is for a number of service providers (at least two) so as to provide choice and encourage optimal investments while ensuring that competition exist.
Expectations
The rapid progress made in the telecom industry in the past 11 years in Africa has largely been as a result of the liberalized market, but even in a liberalized environment, government still has a vital role to play in growing the nation’s telecommunications infrastructure and ensuring a competitive environment that will reduce prices and make services more available and affordable.
Government best serves the industry through the establishment of strong regulatory institutions. The regulator’s role is to encourage competition, remove barriers to market entry, oversee interconnection of new operators with incumbents, monitor tariffs and quality of service, protect consumer rights and ensure the provision of telephone services for all.
Africa’s immediate requirement for local access to the telephone network is enormous and the required capital and time investment needed to compete is still huge.
Market reform has helped to accelerate investment flow into this vital sector, resulting in rapid roll out of networks, but we still require optic fiber highways within and between African nations.
The rapid rate of deployment means faster access to telecommunications facilities and consequently faster pace of national economic development and growth.
The Regulator is also today faced with the challenge of keeping pace with technological developments.
According to Ernest Ndukwe, immediate past executive vice chairman, Nigerian Communications Commission (NCC), “convergence is changing businesses, equipment and services we have been accustomed to, in their place new companies, technologies, equipment and services are emerging”.
New challenges are also arising from these rapid changes. Therefore, new skill in multi-sector, multi-technology regulations will be needed. Security issues have assumed new dimension, with growing incidence of Cybercrime, identity theft, among others. Laws would therefore need to be upgraded to cover new areas such as electronic transactions, e-commercial and cyber security, and so on”.
Indeed privacy of transaction is constantly being threatened and the same consumers that are to benefit from the new technologies and services will be demanding even more protection from the Regulators.
Telecommunications is an essential infrastructure of the information economy and therefore countries that lack sufficient access to modern telecommunications networks, will find it difficult to be effectively integrated into the global economy.
The role of the regulator is critical to the attainment of the goal of an equitable and socially inclusive information society.
General News
PalmPay, LASUBEB Deepen Efforts to Keep More Children in School

PalmPay Group has announced a strategic partnership with Lagos State Universal Basic Education Board (LASUBEB) to recognise and reward high-performing students in selected public schools across Lagos, as a broader commitment to supporting ambition and expanding opportunities for young Nigerians.

Nigeria continues to face a significant out-of-school children challenge. According to UNICEF, 18.3 million school age children are currently out of the classroom. While access to education has improved over time, keeping children in school requires more than enrollment alone. It also depends on motivation, support, and visible pathways that show young people the long-term value of education.
Through this collaboration, PalmPay will work with LASUBEB and educators across selected public schools to identify and reward outstanding students. Selected students will be rewarded with scholarships, shopping vouchers and branded school kits designed to support their learning needs and ease part of the burden on their families.
Speaking on the partnership, Chika Nwosu, Managing Director at PalmPay, said: “Recognizing and rewarding high-performing students goes beyond celebrating excellence. It reinforces the value of education, strengthens motivation, and supports families in keeping their children in school. Through our partnership with LASUBEB, we are contributing to an ecosystem where young people are encouraged to stay engaged and pursue their ambitions.”
By working directly within the public education system, the initiative is designed to deliver support where it can make the greatest difference. When students see their efforts recognized and rewarded, it strengthens their commitment to learning and helps families see that academic discipline and consistency can open doors to real opportunity.
The partnership reflects PalmPay’s broader commitment to economic and social inclusion. As the company continues expanding financial access across Nigeria, it is also investing in initiatives that help reduce barriers for families and create more pathways for young people to thrive.
By integrating education-focused support into its wider CSR agenda, PalmPay is contributing to ongoing efforts to strengthen community outcomes, encourage aspiration, and invest in the future workforce that will drive Nigeria’s growth.
General News
NCDC Enhances Monitoring, Releases Advisory amid Rising Global Hantavirus Cases

Nigeria Centre for Disease Control (NCDC) has intensified nationwide disease surveillance following reports of a Hantavirus infection cluster connected to international cruise ship travel involving several countries.

Dr Jide Idris, director-general, NCDC, in a public health advisory, confirmed that Nigeria has not recorded any confirmed Hantavirus case and stated that the overall public health risk remains low.
According to the agency, the reported outbreak currently involves a limited number of confirmed and suspected infections linked to cruise ship exposure, while international investigations and contact tracing efforts continue.
The NCDC explained that the advisory was released to strengthen national preparedness and encourage vigilance against emerging infectious diseases amid growing global concern surrounding the outbreak.
Health authorities noted that Hantaviruses are mainly transmitted through exposure to infected rodents, their urine, saliva, droppings, or contaminated dust particles. Symptoms may include fever, fatigue, muscle pain, gastrointestinal illness, and in severe cases, respiratory complications.
The current outbreak has reportedly been associated with the Andes virus strain, which has shown limited human-to-human transmission through close contact in previous cases.
The NCDC stated that enhanced monitoring systems have been activated nationwide to support early detection and rapid response efforts.
The agency also urged Nigerians to maintain proper hygiene, prevent rodent infestations, safely store food items, and avoid exposure to rodents and contaminated environments.
Officials further advised the public to rely only on verified information from recognized health authorities and avoid spreading misinformation regarding the outbreak.
General News
Moniepoint Partners GDG Lagos, Women Techmakers to Empower the Next Generation of Women Architects in Tech

In a critical move to bolster talent density and accelerate Nigeria’s digital economy, Africa’s all in one financial ecosystem, Moniepoint hosted an International Women’s Day event bringing together women in technology for a day of leadership development and hands-on product building.

Held at Moniepoint’ Headquarters in Lagos, themed “Break the Pattern,” the event was organised in partnership with Women Techmakers Lagos and Google Developer Group (GDG) Lagos with participants spanning both technical and non-technical backgrounds, reflecting the breadth of women currently active across Nigeria’s digital economy.
In a keynote address delivered by Kemi Nwogu, Head of Product at Moniepoint Inc, titled “Breaking the Pattern: How Women Can Redefine the Future of Tech,” she made the case that progress for women in technology requires not just access to existing structures, but the tools and confidence to reshape them. Furthermore, Nwogu issued a bold call to action, urging attendees to move beyond traditional career playbooks and take ownership of shaping the industry’s future.
“From a young age, many girls have been subtly discouraged from pursuing science and tech. They are told sometimes directly, sometimes indirectly, that tech is too hard, too technical, or simply not for them. These patterns are not facts, they are constructs. And what has been constructed can be deconstructed! The future of tech needs leaders who build people, not just products, cultures, not just systems,”said Nwogu.
On building skills with purpose, she urged women to “show up everyday, make small, steady progress with online courses, coding bootcamps, open-source projects while leveraging the full ecosystem; take on challenging tasks as your greatest classroom using real problems to build real skills; while knowing why you’re building a skill as every learning goal can be tied to a career journey.”
This thematic fare of the event was further explored in a panel discussion, “Unscripted: Leading Beyond the Patterns We Inherited”, moderated by Atinuke Oluwabamikemi Kayode and featuring leaders from fintech, creative design, and software engineering space, including Chukwu Adaeze (Creative Director, CAV Digital), Chinenye Ogbu (Customer Experience Lead, Hydrogen), and Motunrayo Koyejo (Senior Software Engineer, Cowrywise).
The robust and extensive conversation examined the professional archetypes that have historically defined leadership in the Nigerian tech ecosystem: the engineering culture that equates output with exhaustion, the creative industry’s tendency toward top-down authority, the script-driven rigidity of customer-facing roles. The panelists also provided deep insights into how they had navigated and, in places, dismantled those patterns within their teams and organizations.
The event went beyond conversations to a hands-on workshop, Prompt to Production, facilitated by Taiwo Famakinde which guided attendees through modern product development from prompt design through rapid prototyping to the deployment of a functional application using AI tools.
A lot of the participants entered with little to no prior experience building software products. The workshop then fed directly into a Buildathon, where participants developed and deployed their own solutions in real time, with the strongest builds recognised and rewarded at the closing ceremony.
“IWD celebrations are often heavy on inspiration, but we wanted to offer something more, a proof of capability. Oftentimes, there is a gap between having ideas and actually building them, and we set out to bridge that by creating a space where women could easily deploy their ideas into live products with AI in just a few hours. By the end of the day, something that once felt complex due to the fast pace of AI started to feel possible.
“Our participants left with both the technical confidence to build and the leadership frameworks to navigate their careers on their own terms, ensuring they are no longer just participants in the tech ecosystem, but the architects of its future. They are now ready to test their ideas and lead without waiting for perfect conditions or a full team.” said Funke Olasupo, Co-organizer, Women Techmakers Lagos.
Interestingly, the “Break the Pattern” event sits within a broader investment in Nigeria’s technology talent pipeline that Moniepoint has deployed over the years. As one of Nigeria’s most significant fintech employers, the company runs a critical engine that sustains Nigeria’s formal and informal economy.
Moniepoint has invested in developer community partnerships including its ongoing collaboration with GDG Lagos as well as internal programmes designed to build engineering depth across product domains that include its highly successful Women in Tech initiative, DreamDevs, HatchDev and the government’s acclaimed 3MTT programme.
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