Telecom
Only Technology will Change the Nigeria Story – Ekeh, Zinox Boss

Leo Stan Ekeh, chairman, Zinox Group, has boldly declared that technology will disrupt several spheres of the Nigerian economy in the next 10 years, claiming that no one has the capacity to stop the coming wave of positive technological disruption.
Consequently, he has urged Nigerians and mostly the youths to take advantage of this positive digital disruption and add impetus to the brand Nigeria on the global map.
“It is now between our competence, our commitment and God to lead other nations of the world.
“This is a century of quality wealth driven with knowledge and conscience and powered by technology. We have no reason not to scale with over 200m ambitious people from birth,” he declared.
Ekeh gave this charge in a world-class tech speech delivered at the 2019 Annual Lecture Series of foremost advisory and corporate commercial entity, Alliance Law Firm.
The classy event with the theme – Leveraging Technology to develop and rebrand Nigeria – was held at the prestigious Four Points by Sheraton, Victoria Island, Lagos on Tuesday, November 26th 2019.
In attendance was Chairman of MTN Nigeria, Dr. Ernest Ndukwe who chaired the occasion.
Also in attendance was foremost blogger and media entrepreneur, Linda Ikeji; MD/CEO, Ecobank Nigeria, Patrick Akinwutan; former DG/CEO, NOTAP, Engr. Umar Bindir; GMD, Mojec International Holdings, Chantelle Abdul; Deputy CEO, Payment Tokens, Interswitch, Mike Ogbalu, and many CEOs and Senior Management executives from the financial, shipping, technology, legal, entertainment and educational sector, to mention a few.
Ekeh, arguably Africa’s most renowned technology guru, was the Lead Speaker. He described the event as one of the best ever organised in Nigeria in recent times because of the quality and content of the event.
Continuing Ekeh said,alreadyevery sector of our economy is experiencing the impact of technology, be it the electoral system, health care delivery, agriculture, banking, transport, education, hospitality,governance, entertainment, housing and including the way businesses are run in Nigeria.
“Today, Nigeria is moving closer to e-voting. Also, you will observe that post-election litigations have dropped considerably.
“In fact, we are down by about 41 per cent today. Once we migrate to e-voting fully, anyone who loses an election will have no need to go and contest it in court.
“This is the power of technology. Technology does not lie. This is why I chose to go into it as a profession, he disclosed.
The serial digital entrepreneur, who spoke extempore, drew extensively from his personal experiences in a speech which attracted a standing ovation.
He argued that rebranding Nigeria must begin with critical investments in the nation’s human capital.
Ekeh urged Nigeria to borrow a leaf from a country like India which presently accounts for some of the leading brains driving the world’s major tech conglomerates.
“When I studied for my first degree in India many years ago, I had written a paper titled – India: An economy waiting to happen.
“I have been proved right today. Although the country experienced serious economic hardship, it did not prevent them from investing in education.
“You will find that the average Indian holds a Ph.D. in about three different disciplines and maybe a Master’s degree in four disciplines.
“So, when you employ him, you are getting maybe a Medical Doctor who is sound in Engineering, Agric-Economics, Business Management and more.
“While they were incubating, they kept on upgrading their citizens knowledge base by reducing school fees affordable even to the poorest citizens, waiting for an opportunity.
“When the ICT opportunity emerged, they took it. If the Indian President recalls all Indian nationals today for a two-week break, the entire world will feel the pain. Indians are at the helms of affairs of the world’s most valuable companies including Microsoft, Google, Apple and many others today.”
Ekeh, himself a global advisor to Microsoft, went on to encourage the audience not to lose faith in Nigeria. He affirmed that things are changing for good.
‘Today, we have a Ministry of Communication and Digital Economy,’ he noted.
Further, he counselled the Federal and state governments to take that decision now to invest about $10bn to provide quality digital infrastructure in Nigerian schools at all levels and finance school fees for indigent students nationwide.
“When I encounter people who say things are worse today, I just laugh. You must remain positive.
“Entrepreneurs are known to be positive people. I am an example of the Nigerian miracle but I disciplined myself from day one as someone born in a trust economy.
“When I returned to this country over 30 years ago, I was worth less than $10,000.
“Within three months of returning to Nigeria, I was privileged to have met people like General Theophilus Danjuma, the Awolowo family and others who patronised me and in the first six months, I hit over $4.5m balance sheet size.
“I wouldn’t have achieved this if I had decided to remain in the UK, as I was being advised then by those who saw no future for Nigeria in technology.
“It is important to note that though my customers did not really understand what they were buying, I did not betray them. This century is a century of trust and those that cannot be trusted have no financial capacity to scale.
“Things are even better today. The current generation of kids are knowledge-driven and technology-powered. They will delete many of the so-called billionaires in Nigeria today within the next few years. That is the era we are currently in.
“A very good example of this is Konga which is run by my son and his colleagues. A few months after we acquired Konga, Naspers – the previous owners – which invested $32m in TenCent sold off two per cent of its stake for $9.8bn.
“Today, Naspers’ remaining 28 per cent stake in TenCent is worth $133bn. If the whizkids at Konga choose to put Konga up for sale today, we have an idea how much it will attract. Nigeria with our growing quality population is headed for greatness,’ he submitted.
Ekeh, who disclosed that Nigeria’s wealthy class must re-distribute their wealth or stand the risk of using it to destroy their children, also called for the empowerment of indigent children.
According to him, children of poor parents are imbued with a mindset of disruption and greater discipline and fear of God, even as he affirmed that these are the ones that will place Nigeria on the map of globally recognised nations in the very near future. We can not continue to manipulate them for too long,’ he concluded.
The event also witnessed the launch of the Doing Business in Nigeria manual.
Chief Host of the event and Managing Partner, Alliance Law Firm, Uche Val Obi (SAN) affirmed that the publication drew on the firm’s vast advisory experience and their status as notable contributors in the IMF/World Bank Doing Business publications.
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.
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