Telecom
Mastercard, NetPlusDotCom and Innovectives Partner to Provide Digital Payments to 1 Million MSMEs

Mastercard, NetPlusDotCom and Innovectives have announced a milestone in their partnership to provide micro, small and medium-sized enterprises (MSMEs) in Nigeria with digital payment tools to advance their business through their self-onboarding digital platform, Merchant Digital.
According to the company, 1 million MSMEs have so far been onboarded on the platform that can be accessed online at NetPlusDotCom and Innovectives respectively by all small businesses and micro merchants in Nigeria.
The self-onboard digital platform, which went live at the end of last year, enables Nigerian businesses to accept digital payments through optimized solutions such as Mastercard Quick Response (QR), USSD codes, contactless transactions, point-of-sale terminals and web payment gateways to grow ecommerce. Consumers also benefit from added convenience via multi-payment options.
Additionally, strong performance scoring tools support access to micro-loans and credit, enabling MSMEs to grow and sustain their businesses in Nigeria.

Secure digital records for their businesses make it possible for lenders to review income and cashflow history, enabling quick, informed decision making.
Access to credit remains a critical enabler when it comes to continued development, growth and prosperity for small and medium enterprises.
Still, one in five businesses (22%) said in the PwC MSME Survey 2020 Nigeria Report that obtaining finance was their most pressing problem.
According to the National Bureau of Statistics (NBS), less than 5% of SMEs have been able to access adequate finance for working capital and funding expansion.
Ebehijie Momoh, area head West Africa, Mastercard, said, “Partnerships remain an important part of Mastercard’s work to effect financial inclusion in Nigeria and the rest of Africa.
“Alongside NetPlusDotCom and Innovectives, we are delighted to mark this milestone of empowering one million merchants to seamlessly onboard themselves and benefit from opportunities to accept digital payments and avail credit.
“Bridging the digital divide is key to advancing sustainable growth and given that MSMEs form such a significant, important part of the economy, we are proud to be able to extend our support in this way.”
In April, Mastercard committed to including 1 billion people into the global digital economy by 2025, including 50 million small businesses.
As the impact of COVID-19 became clear, Mastercard also swiftly unveiled a $250 million pledge to support the vitality of small businesses across the globe through financial, technology, product and services support over the next five years.
Nigeria’s SMEs make up 96% of businesses in the country, account for 84% of employment, and contribute 48% to the national GDP according to PwC.
Wole Faroun, managing director & founder at NetPlusDotCom, said“Small businesses increasingly realize that their ability to accept secure digital payments is an essential component of their successful digital transformation, especially given the additional challenges of COVID-19. Digital tools help businesses to drive revenue, lower costs and choose focus areas.”
Emmanuel Agha, group CEO of Innovectives, said“At Innovectives, we have a growth mindset fueled by the abundance of opportunity for wealth creating solutions in Africa.
“This partnership is a fantastic opportunity to help Nigerian merchants by providing integrated payment solutions that can also pave the road to obtain credit and financing. We are helping small businesses to grow, flourish and scale.”
The digital self-onboarding platform can auto profile merchants by verifying information and bank verification numbers provided by the merchants.
Telecom
Vitel Wireless Partners Fintechs to Expand Access to Services

Vitel Wireless has entered into partnership with OPay Limited and Moniepoint Limited, to expand access to airtime and data services, particularly in Nigeria’s underserved and rural communities.

The collaboration enables millions of customers on both fintech platforms to seamlessly purchase Vitel Wireless airtime and data directly from their bank accounts and digital wallets, a move designed to simplify access and improve connectivity nationwide.
Chudi Nwabueze, chief operating officer, Vitel Wireless, said the initiative highlighted the growing convergence between financial services and telecommunications in Nigeria.
He noted that by leveraging the expansive reach and infrastructure of fintech platforms, the company is removing long-standing barriers to mobile access.
Nwabueze added that the move builds on Vitel’s existing partnerships with traditional financial institutions such as Fidelity Bank and Zenith Bank, extending its footprint into the rapidly growing fintech ecosystem.
“This integration allows users to conveniently top up airtime and purchase data bundles through familiar banking and wallet platforms, improving accessibility and overall user experience,” he said.
Also speaking, Odera Ben-Chiobi, product marketing manager, Vitel Wireless, said the partnership aligns with the company’s mission to democratize access to mobile connectivity across Nigeria.
According to her, the collaboration will bring telecom services closer to millions of Nigerians, especially in areas where access has historically been limited.
She added that combining telecom services with digital financial platforms will also support broader financial inclusion efforts.
Vitel Wireless currently operates nationwide through a network-sharing agreement with MTN Nigeria, leveraging MTN’s infrastructure to deliver its services across the country.
The company noted that the partnership reflects a shared commitment to inclusive growth, with the potential to accelerate both financial inclusion and digital connectivity across Nigeria.
Telecom
Reps Claim NCC’s Weak Regulatory Oversight Responsible for Poor Telecom Services

House of Representatives on Wednesday claimed that Nigerian Communications Commission’s (NCC) weak regulatory oversight, was responsible for the country’s ongoing poor telecom service quality.

The lawmakers accused the NCC of failing to enforce standards that would compel operators to provide reliable connectivity.
They warned that persistent issues like dropped calls, slow data speeds, and network failures pose serious risks to lives and property, particularly during emergencies.
The resolution followed the adoption of a motion of urgent public importance moved by Ahmadu Jaha, representing Chibok/Damboa/Gwoza Federal Constituency in Borno State.
Speaking on the motion, Jaha emphasised the critical role of telecommunications in Nigeria’s economy and daily life, while lamenting the widening gap between subscriber expectations and actual service delivery.
“Telecommunication has become a vital part of everyday life in Nigeria. It connects families, supports businesses, enhances education, and drives economic growth. However, despite its importance, the quality of service provided by many telecom companies remains unsatisfactory,” he said.
Jaha highlighted recurring problems such as dropped calls, poor internet speeds, and failed message deliveries as signs of deeper systemic failures in the sector.“The House is concerned that poor network connectivity is a major issue.
Subscribers frequently experience dropped calls, slow internet speeds, and difficulty sending messages. This affects both personal communication and business operations, leading to frustration and financial losses,” he added.
Lawmakers also expressed dissatisfaction with the high cost of services relative to the quality received.
Jaha noted that Nigerians pay substantial amounts for data bundles that are quickly depleted due to unstable connections and frequent interruptions.
He further pointed to inadequate customer service, where complaints often go unresolved for long periods, hindering emergency communications during fire outbreaks, medical emergencies, or accidents.
The lawmaker attributed part of the problem to insufficient infrastructure expansion, especially in growing urban centres and underserved rural areas.
“Network congestion during peak hours and in densely populated areas shows that infrastructure development has not kept pace with the growing number of users,” he said.
Supporting the motion, George Ozodinobi, deputy minority whip, accused telecom operators of prioritising profits over service quality while faulting the NCC for regulatory complacency.
“It is like these companies have made enough profits in billions, and so, they don’t care about improving the network anymore. The NCC, the regulator, has become complacent,” Ozodinobi stated.
Despite the sector’s rapid growth from under one million lines in the early 2000s to over 200 million active subscriptions today challenges such as insufficient base stations, unreliable power supply, multiple taxation, and infrastructure vandalism continue to hamper service quality.
In its resolution, the House urged telecom companies to invest in modern infrastructure, expand coverage especially in rural communities, improve customer service, and adopt fairer pricing that reflects actual service quality.
The lawmakers also directed the NCC to enforce stricter quality-of-service standards and hold operators accountable.
They further resolved to set up an ad-hoc committee to investigate the root causes of poor service delivery and recommend appropriate legislative measures.
Telecom
GSMA Africa Policy Group Chair Calls for Urgent Tax Reforms to Accelerate Digital Inclusion

Mr. Daddy Mukadi, the Chief Regulatory Officer of Airtel Africa and Chair of GSMA Africa’s Policy Group, has called on African governments to recognise telecommunications as a core economic pillar and to implement two specific tax reforms that could dramatically accelerate digital inclusion across the continent.

Speaking at the first edition of the États Généraux du Secteur des Postes et Télécommunications in Kinshasa, DRC – an event convened to support the development of a strategic roadmap for the country’s digital and telecommunications sector and attended by H.E. President Félix Tshisekedi – Mukadi, who’s also a member of the GSMA Global Policy Group, urged government and industry stakeholders to rethink the role of telecommunications in national development.
He argued that it should be framed not as a sector specific concern, but as a continent-wide imperative.
“The telecoms sector can no longer be considered merely as a support sector,” Mukadi said. “It is now a core sector. Both are vital, and every other sector, from security and finance to transport and health, depends on digital technology for growth.”
His remarks come at a critical moment for Africa’s digital economy. According to the GSMA’s Mobile Economy Africa 2025 report, the mobile sector contributed US$220 billion to the continent’s economy in 2024. This is equivalent to 7.7% of GDP and is projected to reach US$270 billion by 2030.
Yet despite mobile networks now covering 95% of Africa’s population, nearly 75% of people across the continent remain offline.
The GSMA identifies this gap as Africa’s greatest connectivity challenge, driven above all by the unaffordability of devices.
Mr. Mukadi, therefore, called for strategic adjustments to public policy, as well as legal and regulatory frameworks, to support wider access to digital services.
He asserted that the telecommunications sector should be treated as a foundational pillar of economic development, with stakeholders working together to accelerate investment, expand coverage and close the usage gap across the continent.
The Chief Regulatory Officer of Airtel Africa also highlighted key barriers to digital inclusion, including the affordability of smartphones and the impact of import duties on telecommunications infrastructure.
He proposed a two-to-three-year exemption on import duties and taxes for entry-level smartphones priced between US$40 and US$150 to help bridge the usage gap. He also called for the removal of entry duties on telecommunications equipment for at least three years to support the expansion of network coverage.
According to him, “these measures would help deliver inclusive and sustainable digital technology for economic and social progress,” Mukadi said. “They would also support faster connectivity, improved access and the ability to connect more people, businesses and communities to the digital economy.”
He added that government and the private sector must work closely to create a regulatory environment that encourages innovation, protects consumer interests and supports long-term investment.
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