Telecom
AfricaNXT 2022: NCC Pulls the Largest Gathering, says 5G is safe

The AfricaNXT Conference 2022, known previously as Lagos Social Media Week, has ended on a historically impressive note for the Nigerian Communications Commission (NCC), having drawn the largest attendance and participation at a single session during the conference, where its team discussed the socio-economic benefits of 5G services.

The conference had scheduled over 200 sessions and about 400 speakers. However, NCC session was oversubscribed as all seats were occupied, while some participants had to stand to listen to the discussion on a topic that patently enthused and electrified the audience, and marked by very rare social networking and participation.
On Thursday, March 3, 2022, the NCC team mounted the FutureNow Stage of the Innovation Pavilion of the Conference to inform, educate and rally further support for the Commission’s strides on the preparedness of Nigeria to deploy the Fifth Generation (5G) network and services. Using simple, fact-based examples, the NCC’s 5-man panel, provided necessary clarifications to the audience on the safety of 5G technology and gave copious examples about how the technology will significantly impact life qualitatively and bring socio-economic benefits to the citizens, businesses, the nation, and the continent of Africa.
The panelists extensively discussed 5G technology, focusing on safety, data privacy, the chronology of programmes, actions and activities of the Commission towards the launch of the services, including the issuance of 3.5 gigahertz (GHz) spectrum and licence for 5G deployment, the rollout plans, use cases as well as citing concrete socio-economic significance of the expected services.
The NCC team explained to the excited audience how 5G will power a plethora of applications, innovation and creativity. These include smart cities, telemedicine, Internet of Things (IoT), smart agriculture, driverless cars, bolstering of the security governance sector, among others.
The team asserted that 5G is a network of networks because of its huge capabilities, and its derivable benefits can only be limited if humans limit their own imaginations.
Reckoning that 5G technology is a total shift from the internet connectivity people are used to at the moment, the panel stated that 5G would open doors of new possibilities and socio-economic impacts. “With 5G, there is something for everyone. Nigeria is kick-starting these massive benefits with enhanced broadband. 5G will bridge the fibre connectivity gap and with wireless broadband connectivity, Nigerians will enjoy the enhanced broadband.” A member of the panel stated to emphasize enhanced connectivity that comes with 5G technology.
The discussants also agreed that telecom operators will reap huge benefits from 5G in many ways, through network slicing, new revenue streams from IoT, industrial applications, gaming and entertainment as well as live broadcast features supported by 5G amongst others.
The NCC team comprising specialists in engineering, law and communications, also said that 5G will power more than a billion devices in the next two years, and this means there will be upsurge in the manufacturing of related user equipment which is expected to bring down the prices of associated devices and equipment.
The process is also expected to trigger utilisation of raw materials such as rare earth metals that are found in large quantities in Africa, and cities will equally benefit from the 5G enabled infrastructure such as smart street lighting, smart traffic control systems, maintenance services and so on that will deliver huge economic gains.
Explaining NCC’s efforts and plans on consumer safety in the 5G era, discussants recalled that the Commission was already working closely with the Office of the National Security Adviser (ONSA) to develop a Risk Management Frameworks.
The framework will grow the need for the ethical hacking skill set and allow the use of ethical hacking as part of risk management towards ensuring the cyber space safety during 5G era.
Additionally, the panel informed the audience that NCC had established a sectoral Computer Security Incidents Response Team (CSIRT) to work with the telecoms operators to reduce risks on the cyber-attacks and data breach.
The Centre, inaugurated in 2021, has been collaborating with the national agency, the Nigerian Computer Emergency Response Team (ngCERT), towards enhancing the security of the cyber space and privacy of citizens. These strategic collaboration, for which NCC is noted, will now be boosted by the Nigeria Data Protection Bureau, recently established by the Federal Government.
While explaining the security, safety and speed characteristic of 5G, the panel reasoned that, while 4G has a response time of 10 millisecond, equivalent of the capacity of human brain, 5G network is even faster. Therefore, the high-speed feature of 5G will make it unlock greater opportunities that will enhance human productivity for the development.
“The latency of 5G, which measures its response time, is 1 millisecond, while that of 4G is measured at 10 milliseconds. While 4G can accommodate 100,000 device connections in one square kilometre, 5G can connect a million devices within the same space, and thus, power Internet of Things (IoT).
“Also, 5G peak data rate is 20 gigabits (GB) per second for download, and 10GB for upload, which is higher than 100 megabytes (MB) per second download and 50MB upload offered by 4G network.”
The panel allayed fears of health concerns, propelled by “misconceptions, disinformation, misinformation and malinformation”. The panel informed the participants that the apprehension was unnecessary. It cited research-based evidence from the World Health Organization (WHO), International Telecommunication Union (ITU), and the International Commission on Non-Ironising Radiation Protection (ICNIRP), to prove the safety of 5G network to human health.
The panel explicated further that Nigeria can indeed begin to create smart cities, an ecosystem powered by 5G applications. The massive speed of 5G, according to the discussants, will also enhance the capacity of start-ups and other tech entrepreneurs to leverage the enabling environment powered by the fast connectivity, to develop unlimited solutions for the benefit of Nigeria and her citizens.
According to the panel, an enhanced broadband that allows low latency and facilitate billion of connections in machine-to-machine communication certainly holds a big promise for socio-economic growth and development.
When asked if the country was ready for 5G, the panel declared that, “Nigeria is ready for 5G because the NCC has been supported by key stakeholders to make Nigeria ready.
“The Commission has built the regulatory foundation, the deployment plan has been designed and various exercises have been carried out up to the level of handling over 5G Spectrum licences to the operators.”
Meanwhile, the panelists also emphasized the centrality of collaboration among state and non-state actors to drive the ecosystem. They contend that, as with other previous technologies, such as 1G, 2G, 3G and 4G, efforts must be made for all stakeholders to glean and exploit the massive use cases of 5G for socio-economic development.
While rounding off the highly engaging session, the moderator thanked the co-panelists for their diligence and painstaking engagements, and the audience for its interest, enthusiasm and solidarity.
He reiterated the unflinching commitment of NCC to doing all within its regulatory powers to ensure data security and data protection.
He also underscored the need for sustenance of collaborative efforts among tiers of government and all other stakeholders to ensure effective utilization of 5G services across all sectors.
The well-attended panel discussion, which focused on, “Moving Forward Steadily: Socio-Economic Significance of Development of 5G Services” was moderated by NCC’s Head of Online Media, Dr. Omoniyi Ibietan. Other panelists are: Babagana Digima, Team Lead, Nigeria Office for Developing the Indigenous Telecoms Sector (NODITS); Usman Aliyu, Head, Space Services; Anthony Ikemefuna, Head, Fixed Networks and Converged Services; and a Senior Manager in the Legal and Regulatory Services Department of the Commission, Dr. Mohammed Suleh-Yusuf.
The AfricaNXT Conference is the largest assemblage of innovators from across Africa and Africa’s Diasporan communities. Formerly known as Social Media Week Lagos, the confab and festival, now in its 10th Year, is an annual event that takes place in Lagos, focusing on harnessing Africa’s potentials for her development, using the dual agencies of human creativity and the promises of technology.
Telecom
Legend Internet, Spectranet in Merger Talks

Legend Internet Plc, an internet service provider, plans to merge with Spectranet, Nigeria’s largest ISP by subscribers, in a deal that signals a new wave of consolidation as competition intensifies in the broadband space.

The proposed transaction, disclosed in a regulatory filing to the Nigerian Exchange (NGX) on Monday, will see both companies combine their businesses under a unified corporate structure.
The deal is pending approval from the Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Communications Commission (NCC), with completion targeted for Q2 2026.
The merger brings together two players that have long competed for the same urban broadband customers and signals that Nigeria’s internet service provider market may be entering a consolidation phase.
With infrastructure costs rising, spectrum constraints tightening, and competition intensifying from MTN and Airtel’s home broadband arms, mid-tier ISPs face growing pressure to scale or get squeezed.
Legend’s board, which approved the transaction in October 2025 before shareholders ratified it in November, framed the deal in terms of network capacity and operational efficiency.
“The proposed merger aligns with Legend’s long-term strategy to expand broadband infrastructure and strengthen its position within Nigeria’s telecommunications sector,” Legend said in the filing.
“The Transaction is expected to deliver significant strategic and financial benefits, including enhanced network capacity through the integration of fibre and wireless infrastructure, improved operational efficiency, and expanded coverage across key urban markets.”
The combined entity would inherit Spectranet’s established brand recognition among home and SME broadband users alongside Legend’s listed status and infrastructure footprint.
The filing did not disclose the financial terms of the transaction, including the valuation or the structure of the share arrangement.
The deal also reflects broader shifts in Nigeria’s ISP market, where scale, network quality, and capital investment are becoming critical to survival. By merging with Spectranet,
Legend is betting that consolidation can deliver the scale needed to compete more aggressively.
Spectranet, once a dominant force in Nigeria’s fixed wireless segment, enters the merger from a position of relative weakness. In 2025, its active subscriber base fell below 100,000 for the first time since the NCC began publishing ISP data. The company lost 3,732 users in the second quarter alone, marking its second consecutive quarterly decline.
That drop came amid intensifying competition from newer entrants and alternative technologies. Satellite internet provider Starlink, for instance, has recorded rapid growth, increasing its subscriber base significantly over the same period. Fibre-focused players like FibreOne are also expanding, putting additional pressure on legacy wireless operators.
Despite these challenges, Spectranet remains a significant player. As of late 2024, it controlled about 47.3% of Nigeria’s wireless ISP market and remained the largest ISP by subscriber count as of mid-2025. However, its lead has been narrowing, underscoring the urgency of strategic repositioning.
For Legend Internet, the merger could provide a faster route to scale than organic growth alone. The company, which listed on the NGX in April 2025 through a listing by introduction, has seen a volatile stock performance.
After debuting at ₦5.64 per share and climbing to a high of ₦10.35 in May 2025, the stock fell to a low of ₦4.30 in September before beginning a recovery. As of March 23, 2026, Legend’s shares trade at around ₦6.00, giving it a market capitalisation of approximately ₦12 billion. The stock has gained about 13.4% year-to-date, suggesting a modest return of investor confidence following its post-listing swings.
Telecom
Canada–Nigeria Technology Partnership Forum Set for Lagos on March 26


Canada–Nigeria
The forum will convene technology leaders, innovators, distributors, systems integrators, and policymakers from Canada and Nigeria to explore new commercial opportunities and deepen bilateral collaboration in the digital economy.
To participate, register here.
Designed as a strategic engagement platform, the event will showcase Canada’s advanced technology capabilities while connecting Canadian companies with Nigerian partners across key sectors including artificial intelligence, cybersecurity, telecommunications, enterprise solutions, and smart infrastructure.
Driving Cross-Border Innovation
The forum aims to strengthen innovation ties between both countries by facilitating partnerships that support digital transformation, business growth, and knowledge exchange.
Proceedings will begin at 8:30 AM with registration and introductions led by the Trade Commissioner, followed by official welcome remarks at 9:00 AM by the Head of Office at the Deputy High Commission of Canada in Lagos.
Keynote on Technology Transformation
A keynote address will be delivered from 9:10 AM to 9:30 AM by Mr. Olagoke Orija, representing the Country Manager of Microsoft Nigeria.
The keynote will highlight opportunities for technology-driven transformation and collaboration within Nigeria’s rapidly evolving digital landscape.
Panel Session: Strengthening Tech Partnerships
A key highlight of the forum will be a panel discussion scheduled from 10:00 AM to 10:45 AM, themed:
“Building Stronger Tech Partnerships: Distributor, Integrator & Reseller Opportunities.”
The session will explore practical models for collaboration between Canadian and Nigerian companies, with focus on:
- Expectations of Nigerian firms from international technology partners
- Success factors in joint ventures, distribution, and co-development
- Case studies of Canada–Nigeria technology collaboration
Panelists include:
- Lee-Michael J. Pronko (Canada)
- Dr. Isi Brennan (USA)
- Gbemi Akande – Optimus AI (Canada)
Sector-Focused Syndicate Sessions
From 10:45 AM to 12:00 PM, participants will engage in sector-specific syndicate sessions featuring presentations from leading Canadian technology firms:
- Agile Agilist – Artificial Intelligence
- Cetark – Cybersecurity
- Ethica Channel Enablement Inc – Telecommunications
- Telepin – Telecommunications
- SimplyCast – Enterprise Solutions
- Viion Systems – IoT and Smart Infrastructure
Each company will deliver focused 15-minute presentations, highlighting solutions and partnership opportunities.
Networking and Cultural Exchange
An interactive Q&A session will take place from 12:00 PM to 12:20 PM, allowing participants to engage directly with presenters.
This will be followed by a Wine Tasting Networking Session (12:20 PM – 12:50 PM), curated by Nicotawines, featuring premium selections from Canadian wineries and distilleries including Tawse Winery, Macaloney Distillery, Lakeview, and Reif Estate Winery.
Closing and Outlook
The forum will conclude at 1:00 PM with closing remarks from the Senior Trade Commissioner, reaffirming Canada’s commitment to building sustainable and mutually beneficial partnerships within Nigeria’s technology ecosystem.
Register here to participate.
About the Trade Commissioner Service (TCS)
The Trade Commissioner Service supports Canadian companies seeking international business opportunities and facilitates trade, investment, and innovation partnerships worldwide. Through its presence in Nigeria, the TCS works to strengthen bilateral economic ties and foster collaboration between Canadian and Nigerian businesses.
Telecom
FG Taps Quest Merchant Bank for Advisory on 90,000km Fibre Project

Quest Merchant Bank has been appointed as Transaction Advisor for Project BRIDGE, a broadband infrastructure initiative of the Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE), led by Bosun Tijani, the minister.

Project BRIDGE, short for Broadband Infrastructure Development for Digital Economy, is designed to deepen Nigeria’s digital backbone through the deployment of about 90,000 kilometres of open-access fibre-optic cables nationwide.
The initiative is expected to boost broadband penetration, strengthen connectivity and drive inclusive economic growth.
Under the mandate, Quest Merchant Bank will work with the ministry and the Project Implementation Unit to structure the project’s financial and commercial framework.
This includes developing bankable investment models, engaging investors and designing a public-private partnership structure to ensure efficient execution and sustainability.
Afolabi Olorode, acting managing director, described the project as a critical intervention for Nigeria’s digital economy.
“Project BRIDGE represents a critical step in strengthening Nigeria’s digital backbone and unlocking the immense opportunities within the country’s digital economy. We are honoured to partner with the FMCIDE under the leadership of Honourable Minister, Dr Bosun Tijani on this important initiative,” he said.
He added that the bank would leverage its expertise in infrastructure finance to develop “a robust and investable framework that will attract private capital and support long-term national development.”
Also speaking, Yetunde Falore, head of Investment Banking at Quest Merchant Bank, said the project comes at a defining moment for Nigeria’s digital economy.
“Nigeria’s digital economy is entering a defining phase, and infrastructure initiatives such as Project BRIDGE will play a central role in expanding connectivity, deepening digital inclusion, and supporting sustainable economic growth,” she stated.
Falore noted that the bank would focus on ensuring the timely and efficient delivery of the project in its advisory role.
The initiative aligns with the Renewed Hope agenda of President Bola Ahmed Tinubu, which prioritises digital infrastructure expansion and private sector participation in critical national assets.
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