Telecom
FG, MTN to Strike a Deal in $8.1Bn Repatriation Dispute

Central Bank of Nigeria (CBN) and MTN, South African telecommunications firm could soon strike a deal in their dispute over the repatriation of $8.1 billion, according to Lai Mohammed, minister of Information.
The Central Bank said MTN transferred $8.1 billion of funds out of Nigeria in breach of foreign-exchange regulations. Nigeria, which accounts for a third of the South African company’s annual core profit, is MTN’s biggest market. But MTN has denied the charges.
“I am sure there will be a settlement and I believe they are getting closer to resolving it,” Mohammed told Reuters during a visit to London.
“They are ‘businessmen’ and they are going to resolve it… it is in the interest of all the parties that this matter will be resolved,” he said, declining to give any further details.
Recall that the federal government had since adopted a softer approach to the dispute after the backlash that greeted the fines on the telco.
Godwin Emefiele, CBN governor had in late September told reporters in Abuja following a monetary policy committee meeting that “we’ll resolve the matter.”
In August, Nigeria shocked South Africa’s MTN and foreign investors when it ordered the telecoms giant to pay back $8.13 billion (6.96 billion euros) that it allegedly illegally took out of the country, and fined four banks involved in the transfer.
Days later, in early September, President Muhammadu Buhari’s attorney general followed up with another $2 billion tax fine.

With the economy still fragile after a deep recession in 2016 and elections looming early next year, many private sector players in Nigeria believe the move could dent investor sentiment.
It is not the first time MTN has been sanctioned by the Nigerian authorities.
In 2015, MTN was fined $5.2 billion by Nigeria’s telecoms regulator NCC for failing to disconnect unregistered SIM cards on its network.
The fine was later reduced to $1.7 billion after a series of negotiations with the Nigerian government.
Telecom
WASPAN Drags Bello, FCCPB Boss to Court over Alleged Disobedience of Order

Wireless Application Service Providers Association of Nigeria (WASPAN) has dragged Tunji Bello, executive vice chairman, Federal Competition and Consumer Protection Commission (FCCPC), before the Federal High Court in Lagos over alleged disobedience of a subsisting court order in a legal dispute involving telecom-based lending services.

Tunji Bello, EVC, FCCPC
Wireless Application Service Providers Association of Nigeria initiated this in Suit No: FHC/L/CS/760/2026 pending before the court.
According to court documents, Bello was issued a Form 49 Notice to Show Cause, directing him to appear before the court on 22 May 2026 to explain why an order of committal should not be made against him for allegedly failing to comply with interim orders issued by Justice Ambrose Lewis-Allagoa on 15 April 2026.
The court had earlier granted interim injunctions restraining the FCCPC, its officers, agents and privies from enforcing provisions of the Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations 2025 against members of WASPAN, pending the determination of the substantive suit.
The restraining orders specifically barred the commission from interfering with services rendered by WASPAN members, including airtime lending, data advances and other mobile value-added services.
The orders also restrained the FCCPC from imposing sanctions, penalties or directives connected to the disputed regulations.
In the Form 49 notice dated 18 May 2026, WASPAN alleged that despite being aware of the court orders and having been served with Form 48 — the statutory notice warning against disobedience of court orders — the FCCPC and its Executive Vice Chairman allegedly continued actions contrary to the directives of the court.
The notice stated that the alleged contemnor refused to comply with the orders and had continued to deliberately defy the orders of the court.
An affidavit of service filed before the court disclosed that Form 48 was served on Bello at the FCCPC headquarters located at 23 Jimmy Carter Street, Asokoro, Abuja, on 6 May 2026.
The latest development followed earlier proceedings in which Justice Lewis-Allagoa declined an application by the FCCPC seeking to vacate the interim injunction.
The court instead directed that the substantive suit and the commission’s preliminary objection be heard together.
WASPAN is challenging the FCCPC’s authority to regulate telecom-based lending services, arguing that certain provisions of the DEON Regulations encroach on the statutory powers of the Nigerian Communications Commission to regulate telecommunications services in the country.
Wireless Application Service Providers Association of Nigeria, is the primary self-regulatory body and trade association for licensed Value-Added Service (VAS) providers and aggregators in Nigeria’s telecommunications sector
Telecom
Lagos Warns against Fake Emergency Calls, Says Rising Misuse Put Lives at Risk

Lagos State government has raised alarm over the growing misuse of its emergency hotlines, and warned that fake calls are delaying response times and putting lives at risk.

According to the state, fake emergency calls or prank calls, account for a massive majority of distress communications—nearly 70 per cent.
This severe misuse dangerously delays response times for real emergencies like fires, crimes, and medical crises, and wastes critical first-responder resources
Olugbenga Oyerinde, commissioner for Special Duties, called the numbers (nearly seven out of every 10 calls made to Lagos emergency hotlines) deeply troubling.
The scale of the disruption has significantly affected emergency response operations, with the government disclosing that 5.47 million incoming calls went unanswered during the period under review.
The abandoned call rate climbed sharply from 9.3 per cent in January 2025 to 37.6 per cent by April 2026, suggesting worsening pressure on operators handling emergency traffic.
Officials warned that if the current trend continues, more than 7.2 million calls could go unanswered before the end of 2026
The Lagos State Command and Control Centre serves as the central coordination hub for emergency response agencies across the state, including the fire service, ambulance services, traffic management authorities and neighbourhood safety operatives.
According to the report, the sheer volume of fake and misdirected calls has forced the system to devote significant operational resources to filtering non-emergency traffic before genuine distress cases can be handled.
To address the growing burden, the ministry said it plans to introduce artificial intelligence-driven call screening technology designed to detect and filter nuisance calls before they reach human operators.
The proposed system, expected to be introduced before the end of 2026, is projected to reduce operator handling time by 35 per cent.
Other reforms outlined in the ministry’s strategic response plan include expanding agent capacity by 40 per cent, deploying automated callback systems for abandoned calls and establishing a real-time analytics dashboard for emergency response monitoring.
Yet one of the most striking figures in the report was not the 16.39 million nuisance calls, but the fact that only 39 calls were officially categorised as hoax calls requiring legal follow-up during the same period.
Telecom
Google, Blackstone Invest in AI Cloud Venture to Meet Data Centre Demand

Google and Blackstone (BX.N), said they will form an artificial intelligence cloud business venture aimed at capitalising on an insatiable demand for AI computing services.

Blackstone, the world’s largest alternative asset manager, will invest an initial $5 billion in equity to help bring 500 megawatts of data centre capacity online in 2027, with further expansion planned over time.
The U.S.-based venture will provide data centre capacity along with Google’s custom AI chips, known as Tensor Processing Units, or TPUs, through a compute-as-a-service model.
The total investment value could reach $25 billion, including leverage, according to Bloomberg News.
Both companies did not immediately respond to a request for comments on the Bloomberg report. Blackstone has appointed Benjamin Sloss, a long-time Google executive, as CEO of the new venture.
Thomas Kurian, chief executive of Google Cloud, said the venture would help address growing demand for TPUs by offering organisations additional ways to access computing capacity.
Analysts and investors have said Google is taking a sizeable share of new AI-driven computing demand, supported by its business tools and custom chips that have attracted customers such as Anthropic.
“This isn’t the biggest headline number we’ve seen. But it’s a high-quality bet on sustainable growth in AI infrastructure,” said Brittain Ladd, AI and supply chain consultant at Florida-based Chang Robotics.
Blackstone has stepped up investments in AI-related infrastructure, including data centres, power generation and transmission assets.
Those investments are valuable as the AI boom pushes operators to secure long-term energy supply deals.
The new partnership reflects rising demand for AI infrastructure and the need for large-scale capital deployment, Blackstone President Jon Gray said.
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