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Terror Attacks Threaten $25Bn Investment

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Kalpesh Desai, CEO, Agile FT
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The rising terrorist attacks on information and communications technologies (ICTs) infrastructure is threatening the over $25 billion investment in the telecommunications sector and creating an atmosphere of uncertainty, Nigeria CommunicationsWeek can now report.

The telecom industry which rose from the Dark Age and surged on private sector led investment in the last decade has become the new target of Islamic fundamentalists seeking to create a Muslim north and ban on western education.

Two weeks of coordinated attacks on ICT infrastructure has left many parts of Northern Nigeria without telecom services while operators count their losses.

In Borno state which appears worst hit, the MTN regional corporate office was razed and several other masts and BTS were also destroyed in the targeted attack, ostensibly carried by Islamic Boko Haram sect.

Wale Goodluck, MTN Corporate Services Executive (CSE), in statement reviewing the weeks’ events, stated that the destruction has affected mobile operations drastically.

He did rule out the possibility of the company pulling out of the region.

However, analysts’ believe the worst could still happen and warned of the adverse consequences if the sect is not reined in.

MTN’s out-sourced call centre operation has already pulled out of Jos, Plateau state, following the unending violence in the Northern Middle Belt state.

It is not clear yet the extent of damage the attacks have done to the nation’s economy.

Nigeria Communications Commission (NCC), the industry regulatory agency revealed that to date, the sector’s contribution to direct foreign investment (FDI) to the economy stood at $25 billion.

But with the targeted attacks against the sector, the huge optimism is threatened!

Gbenga Adebayo, chairman, Association of Licenced Telecommunications Operators of Nigeria (Alton), spoke of the collateral consequences of breach in telecom industry.

Adebayo warned that targeting telecom infrastructure for specific destruction would cause untold hardship and stunt national economic growth.

“When a base station is put out of service, often the implications go farther than the immediate environment. And this is one of the things we have been telling agencies of government which take delight in shutting down operators’ base stations. There are base stations which are hubs for an entire region. When it is out of commission, the entire region is blacked out. It’s as simple as that.” Adebayo added

Nodding in agreement, Lanre Ajayi, president, Association of Telecommunications Companies of Nigeria (Atcon), urged that the government to urgently enact law declaring ICT facilities ‘critical national infrastructure.’

“Until the government makes telecom facilities, critical national infrastructure and provide tight security for them, these ugly incidents may continue to happen. But now, everybody including the operators, common people and even the terrorists are suffering the fatalities of this action.

That is why it should not be left as the burden of the operators alone. Time to look at these issues differently is now.” Ajayi said

For now, industry operators are still counting their losses and are not able to volunteer information on cost implication of the terror attacks.

A publicist for a major telecom company said cost implications are enormous.

“It is not yet time to talk on that, at the appropriate time we will speak. The industry is computing its loss both in human and infrastructure” the publicist said

Dr. Eugene Juwah, executive vice chairman/CEO NCC, said that telecom contribution to Nigeria’s GDP earnings has risen to 2.39 per cent by 2007.

It was a sharp rise considering it recorded only 0.06 per cent before the turn of the century in 1999.\

He gave further encouraging statistics noting that the entire ICT sector contribution to the national GDP stood at 8.2 per cent in 2010. This figure is little over 50 per cent of the projected GDP contribution by 2015.

Mrs. Omobola Johnson, Minister of Communications Technology, said at an industry-wide stakeholders’ meeting early in 2012 that the ICT sector would contribute about 15 per cent to the nations’ GDP by early 2015.

She was optimistic that new investment inflow and optimum capacity utilization would enhance rapid development of the sector.


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MTN Nigeria Crowns Ayo Benzi Winner of Next Afrobeats Star

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L-R: Onyinye Ikenna-Emeka, Chief Marketing Officer, MTN Nigeria; Ayodeji Benson, Winner, Next Afrobeats Star Reality Show (Season 1) and Emamoke Ogoro, General Manager, Brand and Communication, MTN Nigeria, at the grand finale of the Next Afrobeats Star Reality Show (Season 1), held at the Ultima Studios, Lekki, Lagos on Saturday, December 13, 2025.
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MTN Nigeria, in collaboration with ONErpm and Ultima Studios, has announced Ayodeji Benson, popularly known as Ayo Benzi, as the winner of the maiden edition of the Next Afrobeats Star reality show.

MTN Nigeria Crowns Ayo Benzi Winner of Next Afrobeats Star

L-R: Onyinye Ikenna-Emeka, Chief Marketing Officer, MTN Nigeria; Ayodeji Benson, Winner, Next Afrobeats Star Reality Show (Season 1) and Emamoke Ogoro, General Manager, Brand and Communication, MTN Nigeria, at the grand finale of the Next Afrobeats Star Reality Show (Season 1), held at the Ultima Studios, Lekki, Lagos on Saturday, December 13, 2025.

The grand finale, held on Sunday night at Ultima Studios in Lekki, Lagos, marked the climax of a nationwide talent search that began in September with over 15,000 aspiring musicians.

After weeks of auditions, mentorship, and rigorous training, five finalists – Ayo Benzi, Dave Cash, Kaeko, Somto O’Laker, and Lucky Yay – battled for the top prize in a high-energy showcase of performance and artistry.

At the end of the electrifying contest, Ayo Benzi emerged victorious, securing a ₦150 million music deal. Dave Cash was named first runner-up with ₦100 million, while Kaeko, Somto O’Laker, and Lucky Yay received ₦75 million, ₦50 million, and ₦25 million respectively.

Throughout the season, contestants were mentored by leading Afrobeats producers Sarz, Puffy Tee, P Prime, and Andre Vibez. Benzi, who was part of Puffy Tee’s team, credited the mentorship programme for sharpening his craft and stage presence.

Speaking at the event, Onyinye Ikenna-Emeka, Chief Marketing Officer of MTN Nigeria, said the initiative reflects the company’s commitment to youth empowerment and cultural expression.

“The Next Afrobeats Star platform is about creating real opportunities for young Nigerians and giving their talent the structure, visibility, and support it deserves.

“Afrobeats continues to place Nigeria on the global cultural map, and MTN is proud to be enabling the next generation of artists who will take this sound even further,” she said.

She added that the finale was not just a competition but a celebration of growth and readiness for the global stage.

In his acceptance speech, Ayo Benzi described the victory as a defining moment in his career.

“A big thank you to MTN. From the audition days, the treatment MTN has given us has been amazing. God bless the brand,” he said.

The finale also featured guest performances by Afrobeats stars Iyanya and Bella Shmurda, adding glamour to the night and reinforcing the show’s connection to the wider music ecosystem.

With the successful conclusion of the season, MTN Nigeria and its partners reaffirmed their role in championing youth ambition, supporting creative industries, and shaping the future of Nigerian music through platforms that turn potential into opportunity.


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NCC Unveils Draft 5-Year Spectrum Roadmap, 60 GHz License-Exempt Guidelines to Boost Broadband, Innovation

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Nigerian Communications Commission (NCC) has unveiled two pivotal regulatory draft documents aimed at reshaping Nigeria’s communications sector over the next five years and fast-tracking deployment of ultra-high-speed wireless technologies.

NCC Unveils Draft 5-Year Spectrum Roadmap, 60 GHz License-Exempt Guidelines to Boost Broadband, Innovation

NCC

In a public notice dated December 19, 2025, and issued pursuant to its mandate under the Nigerian Communications Act (NCA) 2003, the Commission published the Draft 5-Year Spectrum Roadmap for the Communications Sector (2025–2030) and Draft Guidelines for the Use of the 60 GHz License-Exempt Band for Multi-Gigabit Wireless Systems.

Both documents are accessible on the NCC website for stakeholder review, with the roadmap outlining strategic spectrum planning, allocation, and management to optimise utilisation, support emerging technologies like 5G and IoT, expand broadband access, and align with global best practices.

The Spectrum Roadmap emphasises four core pillars: bridging the digital divide through low-band spectrum and satellite services, attracting investments via flexible licensing models, enhancing service quality with mid-band optimisation, and fostering innovation in areas such as direct-to-device connectivity and secondary spectrum trading.

It sets ambitious targets including universal 4G coverage nationwide, 50 per cent 5G penetration in state capitals, and average broadband speeds of 100 Mbps by 2030, while addressing rising data demand through band refarming and efficient management.

Complementing this, the 60 GHz Guidelines establish a license-exempt framework for the 57–66 GHz band, enabling multi-gigabit speeds up to 10 Gbps for short-range applications like WiGig, fixed wireless access, enterprise connectivity, urban broadband, and backhaul solutions.

The rules mandate NCC type approval for equipment, site registration for outdoor use, and interference mitigation measures, while prohibiting wide-area networks to safeguard primary users.

In line with Section 58 of the NCA 2003, NCC invites comments from industry operators, equipment manufacturers, consumer groups, and the public, with submissions due by Friday, January 16, 2025, via email to [email protected], [email protected], and [email protected].

The notice, signed by Mrs Nnenna Ukoha, Head of Public Affairs, stresses that stakeholder inputs will refine the frameworks to drive innovation, investment, competition, and sustainable growth in Nigeria’s telecoms ecosystem.


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NCC Grants 45 Days for Telecoms Firms to Fix Unapproved Shareholding Changes

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Nigerian Communications Commission (NCC) has issued a public notice directing all its licensees that have effected changes exceeding ten percent (10%) in their shareholding structures without prior regulatory approval to immediately regularise such infractions.

NCC Grants 45 Days for Telecoms Firms to Fix Unapproved Shareholding Changes

NCC

In the notice published on the Commission’s website, www.ncc.gov.ng, the NCC said the directive was issued in exercise of its statutory powers under the Nigerian Communications Act, 2003.

According to the Commission, affected licensees are granted a 45-day grace period from the date of publication to regularise any unapproved changes in their shareholding structures that exceed the 10 per cent threshold.

The NCC clarified that no sanctions will be imposed during the 45-day window for any previous infractions relating to unapproved shareholding changes above the prescribed limit. However, it warned that appropriate sanctions will be enforced immediately after the expiration of the grace period against defaulting operators.

The sanctions, the Commission stated, will be applied in line with the Nigerian Communications (Enforcement Processes, etc.) Regulations, 2019.

The regulator further emphasised that the notice is issued pursuant to Regulations 41, 42 and 43 of the Licensing Regulations, 2019, which require licensees to obtain prior approval from the Commission before effecting significant changes in ownership or control.

Industry observers note that the directive underscores the NCC’s renewed focus on regulatory compliance, transparency, and corporate governance within Nigeria’s telecommunications sector.

Licensees have therefore been advised to promptly engage with the Commission to regularise their shareholding structures and avoid penalties once the grace period lapses.


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