Telecom
ATCON Backs Call for Telecoms Industry Infrastructure Bank

Mr. Ogungboye Muyiwa, managing director and chief executive officer, eStream Networks has called for the establishment of a Telecommunication Infrastructural (Development) Bank to offer players special facilities to deepen service expansions.
Mr. Muyiwa is not alone, as Mr. Olusola Teniola, president, Association of Telecommunication Companies of Nigeria (ATCON), has thrown weight behind the call, saying that the industry has attained special status following the increasing relevance of ICT in everyday lives.
Speaking to Nigeria CommunicationsWeek in Lagos, Mr. Muyiwa said that if approved, the Infrastructural development bank should be able to cater for the loan facilities for the industry’s which are not realizable under the present commercial banks’ interest rates.
“Part of my advocacy is what I call Telecoms Infrastructural Bank (TIB), where locals can access loans at single digit; not expensive digits. There will be certain criteria to access the fund. We will be glad to meet the terms and conditions, but a situation where a commercial bank is charging 30% and foreign companies are coming with funds at 2-3% from their countries of origin, of course they will gain the whole market.
“It is very tasking to compete with these people and Government is making it more difficult by not listening to us. They cite the market being deregulated as excuse, but forgetting that in every economy you must protect ‘your-own’”, he told Nigeria CommunicationsWeek.
Nodding in agreement, Teniola, ATCON president, said, “The National Bureau of Statistics (NBS) reports, the ICT industry contributes 9% to the nation’s GDP. It’s on the lips of everyone that our lives now depend on ICT. It is now very rare for one to leave the house without your phones.
“The fact that ICT is such a critical part of the economy you would thought it needs a bank to integrate and sustain it. There have been calls in the past for an ICT Bank to be created. We must understand that the period we are is infrastructure development based which is capital intensive by its nature and needs longer tenure. Unfortunately, the facilities given by the commercial banks in Nigeria are short term. Anything from 0-3years is not enough for the industry.
“So, there is a mismatch between funds required to deploy infrastructure and funds available. That is why telecom players will continue to go for dollar based facility because they are buying things in dollars and requires better facility not available in Nigeria. So, you would have thought we should fix that and the ICT Bank is one approach to addressing the issue”.
Speaking further, Mr. Teniola lamented the disparities in the forex market, which has thrown some players into confusion on the path to follow.
According to him, “The CBN’s position on the 41 items hasn’t changed. The pronouncement made about two years ago is still in effect. As far as the 41 items are concerned, you cannot access CBN’s forex mechanism. It doesn’t mean you can’t get dollars, but it pushes you to the parallel market.
“However, the CBN has intervened over the last three months by injecting quantum of dollars into the wholesale market, which has caused the interbank rating to lessen, which is a window and there is a PTA rate that also is there, which is about N360/$, Banks at N315/$ and the CBN N301/$, the BDC are there and the parallel market. So, what is happening is that through the CBN force, which is the most powerful supplier in the market, they dictated where the parallel market has gone.
The supply of dollar has caused appreciation of Naira. Inadvertently, the pronouncement by the CBN after the NCC EVC’s intervention on the Etisalat issue, there was a window for those who filled the form-M where able to access dollar at PTA rate of N360/$. That is still the case.
“But, we can’t say it is ok for the industry. Reason: it was also with caveat that, if it was not honoured, then you need to re-involve the NCC because the item is still on the 41-items list. Therefore, the industry is not clear on the forex window, operating in uncertainties. We don’t know the rate we are allowed to purchase the forex”.
Telecom
Africa to get AI Data Centres Through Three-way Partnership

Localised, industrial-grade artificial intelligence (AI) data centre infrastructure will be delivered across Africa and the Global South, following a strategic alliance between sovereign AI infrastructure company Amini, electronics manufacturing giant Hon Hai Technology Group (Foxconn) and French digital firm Bull.

The three-way partnership aims to close the sovereign compute gap by allowing governments, telecommunications operators, financial institutions and energy companies to acquire and operate computing systems domestically.
Africa’s digital economy is projected to reach $1.5 trillion by 2030, which is driving regional demand for AI-enabled services across public administration, energy and finance, the parties say.
However, advanced cloud and AI processing capabilities have historically remained concentrated within a small number of external providers. The partnership seeks to establish locally anchored infrastructure, enabling domestic organisations to retain control over data and digital sovereignty.
Under the agreement, Amini will drive local market engagement and deployment, leveraging its existing platforms for locally anchored data capacity.
Foxconn will provide specialised hardware, server architecture and modular data centre technologies in its first dedicated infrastructure initiative focused on African markets.
Bull integrates its expertise in high-performance computing, quantum computing and emerging-market digital capacity. By operating independent systems, critical national sectors can bypass reliance on external platform architectures.
Financial entities can deploy independent credit, risk assessment and financial inclusion algorithms, while energy providers can implement localised machine learning for predictive maintenance and national grid optimisation.
“AI is becoming foundational infrastructure for every economy, yet most of the world still lacks the compute capacity required to participate on its own terms,” said Kate Kallot, founder and CEO of Amini. “This partnership ensures that Africa and the Global South can acquire, own and operate AI infrastructure locally, with sovereignty and long-term economic value at its core.”
Alexandre Jouys, chief commercial officer and head of Southern Europe, Middle East and Africa at Bull, added that Africa and more generally the Global South have the potential to emerge as a global-scale AI hub, by continuing to build regional computing capacity and supply chain independence.
Telecom
Distinguished Industry Veteran Dr. Olusola Teniola to Chair NDSF 2026

The organizing committee of the 2026 Nigeria DigitalSENSE Forum (NDSF) on Internet Governance for Development (IG4D) is proud to announce Dr. Olusola Teniola as the Chairman for this year’s landmark event.

A seasoned leader with over 32 years of global experience in the telecommunications and technology sectors, Dr. Teniola brings a wealth of strategic expertise to the forum.
The Convener of NDSF and Group Executive Editor, ITREALMS Media group, Ogbuefi Remmy Nweke, welcomed the appointment, noting that Dr. Teniola’s leadership comes at a pivotal time for Nigeria’s digital economy.
Dr. Teniola currently serves as the Director of Strategic Business Initiatives at ipNX Nigeria, where he leads market expansion across West and Central Africa.
His recent contributions as a Digital Development Consultant to the World Bank Group for the May 2025 Country Private Sector Diagnostic report further underscore the high-level expertise he brings to the 2026 forum.
Dr. Teniola’s career is defined by high-impact leadership and infrastructure development:
- He previously served as COO for Oodua Infraco Resource Limited, overseeing the deployment of 870km of digital infrastructure in Southwest Nigeria.
- He is the past President of the Association of Telecommunications Companies of Nigeria (ATCON) and succeeded Dr. Ernest Ndukwe as the National Coordinator for the Alliance for Affordable Internet (A4ai).
- His background includes executive roles at global giants such as British Telecom, Vodafone, Cisco Inc, and Alcatel-Lucent Technologies.
- He has been a vital contributor to the Nigerian Broadband Plan (2012-2013 and 2020-2025) and currently serves on the IPv6 Council.
Dr. Teniola holds a B.Eng (Hons) in Computer & Information Engineering from South Bank University, an MBA from the University of Bath School of Management, and an Honorary Doctorate (DBA) from Prowess University.
He is a Fellow of the MSME Institute of Management & Professional Studies and a member of the Chartered Institute of Directors (IoD) Nigeria.
Telecom
NCC Says Telecom Industry on Course to Improve Quality of Service

Nigerian Communications Commission (NCC) says ongoing investments and regulatory interventions in the telecommunications sector are expected to address persistent quality of service challenges across the country.

NCC
In a statement signed by the Head of Public Affairs, Nnenna Ukoha, on Wednesday, the commission acknowledged public concerns over dropped calls, slow internet speeds, unstable data services and service disruptions affecting consumers.
The commission said telecommunications services had become central to work, education, business, access to essential services and social connectivity, adding that consumers deserved reliable services and value for money.
According to the NCC, improving quality of service has remained a major regulatory priority over the past two years.
It said the commission had intensified monitoring of Mobile Network Operators, Internet Service Providers and Tower Companies, while strengthening data-driven oversight and stakeholder engagement to address structural challenges affecting service delivery.
The commission disclosed that the sector was undergoing one of its largest network expansion and modernisation phases in recent years following a prolonged period of under-investment.
It said Mobile Network Operators invested more than N2.13 trillion in network infrastructure and upgrades in 2025, while Tower Companies invested an additional N373.8 billion.
According to the NCC, the investments supported the addition and upgrade of more than 2,800 telecommunications sites nationwide to improve network coverage and capacity.
The commission said interventions included deployment of additional 4G and 5G infrastructure, fibre backhaul expansion, targeted deployments in high-demand urban areas, expansion into underserved communities and equipment upgrades.
It added that operators had committed to adding or upgrading more than 12,000 sites in 2026, with nearly 3,000 already completed.
The NCC also said over 730 additional 5G sites had been deployed across 27 states in 2026.
The commission noted that 4G penetration rose from 45 per cent in January 2024 to 54 per cent currently, while national median download speeds improved from 16.5Mbps to 20Mbps within the same period.
It further said power availability at telecom towers improved from a national average of 99.3 per cent in January 2025 to 99.7 per cent.
According to the commission, spectrum reallocation among major operators and spectrum block rearrangements were also being implemented to improve network efficiency and service performance.
The NCC, however, acknowledged persistent external challenges affecting service quality, including vandalism, theft of telecom equipment, fibre cuts, power disruptions and access denial for maintenance.
It disclosed that more than 27,000 avoidable fibre-cut incidents linked mainly to road construction and vandalism were recorded in 2025.
The commission said it was collaborating with the Office of the National Security Adviser and other stakeholders to implement the Presidential Order on Critical National Information Infrastructure.
It added that operators had been mandated to notify consumers of major service outages promptly and restore services within specified timeframes.
The NCC said enforcement of the updated Quality of Service Regulations 2024 commenced in November 2025, including consumer compensation measures for poor service quality and additional investment obligations on Tower Companies.
It warned that regulatory action would continue against operators that fail to deliver measurable improvements.
The commission reaffirmed its commitment to ensuring affordable, reliable and high-quality telecommunications services for all Nigerians.
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