Telecom
UK-Trained Nigerian Lawyer Launches Platform that Aids SMEs succeed

A UK-trained Nigerian lawyer has launched a start-up platform to help Nigerian businesses escape the frustrations of incorporation, operations, filing, and taxation.
Efe Ugboro, who has worked as a corporate lawyer in Nigeria and in the UK, before co-founding 618 Bees, says she’s dedicating her career to ‘helping businesses grow’.
‘Working as a corporate lawyer, exposed me to the issues many businesses in Africa face’, she says.
‘It’s difficult to register a business, difficult to understand all the issues around filing, taxation, and so much more.
And most young businesses find themselves crumbling under the frustrations.
There are many who just wing it until the realise that they’re in a mess.’
According to Efe, 618Bees.com was set up to be the quickest way to get a company started in Nigeria.
The company is launching with a focus on Nigeria for now, but plans to open up to other African cities where aspiring entrepreneurs are facing similar challenges.
‘618 Bees is a technology company using innovative solutions to help small, medium-sized, and big businesses succeed. We are the best way to get a company started, and we don’t stop there’, Efe Ugboro added.
From Lekki, in Lagos, Nigeria, Efe is working with an all-female staff of four, pulled from different parts of Nigeria, and from different disciplines, to solve a problem that continues to plague many small and medium scale businesses, using technology.
According to data from Corporate Affairs Commission (CAC), the body charged with the responsibility to regulate the formation and management of companies in Nigeria, over 95,000 online applications have been made since the body launched its Companies Registration Portal (CRP) in 2015.
This entrepreneurial drive amongst Nigerians may be considered a positive indicator, seeing that the country’s unemployment rate stands at over 18%, with over 40% of the country’s labour force either underemployed or jobless, according to data from Nigerian Bureau of Statistics (NBS).
‘Our goal is to register 4,000 new businesses every year, with the plan to pull many informal businesses into the formal sector.’
Part of that plan, Efe Ugboro says, is to encourage many social media based businesses to incorporate, by giving them ‘offers they can’t refuse’.
‘We want to help everyone, but especially young, passionate women, succeed’, Efe concluded.
618 Bees is in the early stages of fundraising.
Telecom
MTN Suspends Data, Airtime Borrowing Service over New FCCPC Lending Rules

MTN Nigeria has announced the temporary suspension of its airtime and data advance service, Xtratime, following new regulatory requirements introduced by the Federal Competition and Consumer Protection Commission (FCCPC).

The telecom giant disclosed the development in a filing to the Nigerian Exchange Limited (NGX) on Thursday, stating that the move is necessary to comply with the FCCPC’s Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025.
Xtratime, widely used by prepaid subscribers, allows customers to borrow airtime or data and repay on their next recharge.
In the disclosure signed by Uto Ukpanah, company secretary, the firm confirmed the halt, noting, “MTN Nigeria Communications PLC hereby notifies the Nigerian Exchange Limited and the investing public that the company has temporarily suspended its airtime and data credit advance service (‘Xtratime’).”
The company explained that the service now falls within the scope of the FCCPC’s expanded regulatory framework, which mandates fresh licensing and stricter compliance procedures for digital credit providers.
“The suspension relates to the implementation of processes under the Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025, which introduced a new compliance and licensing framework for entities providing digital or non-traditional consumer credit services,” the statement added.
Despite the suspension, MTN reassured subscribers that alternative channels for purchasing airtime and data remain fully operational. It also downplayed the financial impact of the move.
“Given the scale within the revenue mix, we do not expect the temporary suspension to have a material impact,” the company said, adding that it is closely monitoring customer behaviour and will provide further updates in its first-quarter 2026 results.
The FCCPC’s 2025 regulations significantly broaden oversight of Nigeria’s digital lending ecosystem, bringing telecom operators and other providers of short-term credit services under stricter scrutiny. Companies offering such services are now required to register and obtain regulatory approval to continue operations.
The Commission had initially introduced a framework for digital lending in 2022, but expanded it in 2025 amid rising concerns over consumer debt, data privacy and lending practices.
Telecom
Nokia, Orange Partner on AI-native 6G Networks

Nokia and Orange are co-developing new strategies to maximise spectral efficiency across existing and future mobile bands, including the upper 6 GHz range, as networks transition toward 6G.

This follows an announcement of a partnership with NVIDIA to develop and evaluate Artificial Intelligence Radio Access Network (AI-RAN) technologies.
The initiative will combine the anyRAN 5G software of Nokia with the AI infrastructure of NVIDIA to improve network performance and energy efficiency.
The collaboration aims to transform service delivery for Orange across Europe, the Middle East, and Africa, says Nokia.
Under a new structured co-innovation framework, the partners will explore how GPU-based radio processors can boost performance via advanced receivers.
The goal is to integrate artificial intelligence (AI) directly into the RAN to automate environments, support sensing services and drive resource utilisation.
“By collaborating with Nokia and NVIDIA, we can better understand how the AI-native architecture enabled by AI-RAN can improve the efficiency of key radio algorithms such as scheduling, beamforming, and power optimisation — enhancing both spectral efficiency and energy performance, while also enabling advanced capabilities like predictive optimisation and radio sensing. This collaboration is an important step in our long-term network strategy,” says Laurent Leboucher, group chief technology officer at Orange.
Pallavi Mahajan, chief technology and AI officer at Nokia, comments: “AI is reshaping how networks are designed, introducing new levels of intelligence and flexibility across the radio layer.
“Through this collaboration with Orange, we are exploring how Nokia and NVIDIA’s AI-RAN solution brings advanced AI and RAN functions together in a unified architecture. This will be instrumental in enabling the industry’s transition toward cognitive, AI native networks.”
Orange is currently the fourth-largest telecoms operator in Africa with 18 markets on the continent. The partnership marks a significant attempt to leverage AI to accelerate digital transformation as the first wave of 6G approaches.
Telecom
Zoho Nigeria champions women’s digital empowerment at the Guardian Women Festival

Zoho Nigeria partnered with Guardian Newspapers for the Guardian Woman Festival, a month-long initiative celebrating women’s contributions to business, governance, and social development while promoting digital empowerment for female entrepreneurs.

Kehinde Ogundare
Held at the Federal Palace Hotel in Victoria Island, Lagos, the festival focused on the theme “Reciprocity,” encouraging the exchange of value, networks, and digital innovation to strengthen women-led businesses and foster collaboration.
During the event, Kehinde Ogundare, Country Head of Zoho Nigeria, delivered a keynote address titled “Give Value, Gain Growth: Women Driving Reciprocal Innovation in the Digital Economy”. In his remarks, he highlighted the urgent need to bridge the digital gap for female entrepreneurs.
While Nigeria has the highest concentration of women-owned businesses in Africa, fewer than 30% currently use digital tools to manage or grow their operations. Ogundare noted that technology does not replace the strengths women already bring to business, such as relationship building and community engagement. Instead, it amplifies them, enabling entrepreneurs to reach wider audiences and scale more efficiently.
“The difference is not talent. Not capital. Not ambition. It is digital adoption,” said Ogundare during his keynote. “Smart tools create smart businesses. Smart businesses create strong economies. When women entrepreneurs and leaders have access to the right tools, the possibilities for growth are limitless.”
Zubaida Aliyu, Sales Manager at Zoho Nigeria, also brought her expertise to the festival’s panel session on ‘Women in the Business of Digital Innovation’. She highlighted how women are uniquely positioned to create shared value in digital spaces by building platforms that encourage knowledge sharing, mentorship, and collaboration.
Aliyu also challenged organisations that continue to view women’s digital inclusion primarily as corporate social responsibility rather than a strategic business priority.
“Tech creates a level playing field,” she said, noting that digital platforms remove limitations related to location and infrastructure size. Addressing organisations that overlook the economic value of inclusive digital strategies, she added, “They are leaving money on the table — they need to think of it as a strategy not charity”.
Through its participation in the Guardian Woman Festival, Zoho reaffirmed its commitment to providing affordable and accessible enterprise-grade technology to businesses of all sizes. By helping women transition from manual effort to digital efficiency, Zoho aims to support entrepreneurs build scalable enterprises and ensure their sustained success in Africa’s digital economy.
General News3 days agoGuinness Nigeria Surpasses ₦1Trillion Market Capitalisation, Signalling Strong Investor Confidence and Sustained Value Creation
News3 days agoCISA Asks NDPC, Police to Act on Alleged Data Breach by NIPSS
Telecom3 days agoAmazon Satellite to Challenge Starlink in Africa with Globalstar Acquisition
E-Financial3 days agoFG Investigates ‘Sharp Sharp’ Loan Operators over Alleged Privacy Violations
News2 days agoLagos Targets Vulnerable Residents in Expanded Social Register
News3 days agoKaspersky Reports Online Scam Exposure Remains Widespread Despite High Levels of Self-assurance
E-Financial3 days agoEcobank Delivers Strong Results, Posts $801m in Pre-Tax Profit for 2025
Broadcasting3 days agoFela Makes History as First African to be Inducted into Rock and Roll Hall of Fame













