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Competition in the courier industry
Analysis
The courier industry has continued to record double digit growth over the last decade . This growth has been fuelled by trade liberalization in many countries, improved engineering and information technologies improvements and better access to aviation markets . the global express companies have opened up branches, agencies and subsidiaries in order to connect Nigeria to the world. Indigenous courier firms have also established operations in response to the growth of the sector.
In the wake of the noticeable growth in the sector, indigenous and global express companies are changing strategies to take their share in the marketplace. They have invested in offices, vehicles, airplanes and information technology in their bid to improve products and services they offer. Some indigenous express companies are making incursions into the West African subregion extending their services to those countries. There is also increased network expansion in Nigeria where operators are taking their services to all the nooks and crannies of the country.
To increase presence and feasibility, some courier companies are entering into agreements with trade partners in form of franchising where sales outlets are opened but are managed by franchisees for the parent company.
Some indigenous express companies have also shown some great strength and courage by advertising their products and services in the print media which hitherto was unthinkable. They have also increased their operational vehicles to make sure that services are delivered timely and safe. Others are also engaged in re-branding of products to reflect the modern day business outlook. The courier sector is also witnessing increased number of professionals who have worked with global express companies before establishing their own. They use the experience they acquired in the multinational companies to run their companies and this has contributed in improving the sector.
The entrance of motor transport courier companies in the sector has also changed the face of the business. Services are now made more affordable and available even in the remotest part of the country. Because of the price and large fleet of vehicles available, motor transport courier companies control larger share of the market than their other local counterparts. Some of the indigenous courier firms are just scratching the surface as they don’t have the wherewithal and capacity to make their presence felt in the market. Some of them exist for sometime and wither away. The global express companies are not in the same kind of competition with their indigenous counterparts. They control most of the inbound mails as well as the outbound ones, especially those coming from multinational organizations and high flying companies.
The global express ones are perceived to deliver fast and intact
As three are improved activities of the sector, more would have been achieved if things that act as impediments to the business are addressed. The lack of infrastructure capacity in the country is crippling the activities of many industries including the postal and courier. Regulation of the sector is another factor that has not made the industry where it is expected to be. Analysts argue that a postal commission for the sector will change the face of the business and increase investments in the sector. The present practice whereby the Courier Regulatory Department, an offspring of Nigerian Postal Service (Nipost) controls proceedings in the sector is considered as an aberration and has acted as a clog in the wheel of the progress of the industry.

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Telecom
How Recycled SIM Card Linked to N50m Kidnapping Nearly Landed me in Jail – Businesswoman

Titilayo Ibrahim, Nigerian businesswoman, has shared a harrowing experience of how she narrowly escaped imprisonment after a SIM card she purchased was linked to a N50 million kidnapping and murder case.

In an interview with BBC Yoruba shared on Facebook, Ibrahim narrated how a routine business transaction quickly turned into a terrifying ordeal.
According to her, the nightmare began on October 16, 2025, when a purported customer contacted her business line to purchase nightwear.
The caller, a woman, claimed her own phone was faulty and that she was using her husband’s device.
After selecting two pieces, the woman asked for directions for pickup. Ibrahim shared the location of her estate junction, but upon arrival, she was met by two men who identified themselves as police officers and immediately arrested her.
The officers accused Ibrahim of being connected to a major kidnapping operation.
They alleged that the phone number she was using had been involved in a January 2024 incident where a N50 million ransom was collected before the victim was brutally murdered.
Ibrahim desperately tried to explain that the number was innocent, stating that she had only purchased the SIM card in April 2025—months after the crime took place—and used it strictly for her MiFi device.
The officers, reportedly led by Inspector Dauda Adamu of the Force Intelligence Department (FID) in Abuja, claimed that one of the phone numbers linked to her National Identification Number (NIN) was tied to the crime.
They took her to the State Criminal Investigation and Intelligence Department, and she faced intense harassment and the threat of being detained in Akure and transferred to Abuja.
In a bid to clear her name, Ibrahim and the officers visited an Airtel office.
On October 17, 2025, the telecommunications company officially confirmed from their records that the disputed SIM was indeed purchased and activated in April 2025.
“Even after confirming it at the network office, they still didn’t believe me. They harassed me and almost sent me to prison for what I know nothing about,” Ibrahim recounted.
Despite the undeniable evidence from the network provider clearing her of any involvement, the police still confiscated her phones, took them to Abuja, and instructed her to report there.
Her revelation has sparked widespread outrage and concern online.
Many Nigerians expressed shock at the incident, pointing out the growing dangers and security risks associated with telecommunication companies recycling inactive phone numbers or the hazards of inadvertently purchasing pre-registered SIM cards.
The incident highlights the terrifying reality of how easily innocent citizens can become entangled in complex criminal investigations.
General News
Senate Gives Tinubu Nod to Borrow Fresh $6Bn

Senate on Tuesday approved the fresh $6 billion loan request forwarded to the lawmakers by President Bola Tinubu.

Lawmakers approved the fresh loan on the same date the request letter was read by Godswill Akpabio, senate president.
The Senate approved the loans following the presentation and consideration of the report by Senator Aliyu Wamakko, chairman, Senate Committee on Local and Foreign Debts.
President Tinubu had written to the Senate seeking approval to borrow a total of $6 billion to finance key government projects and address budgetary gaps.
The requests were contained in two separate letters addressed to Godswill Akpabio, president of the Senate, and read during Tuesday’s plenary.
In the first letter, the President requested approval to obtain a $5 billion loan from Abu Dhabi Bank.
According to the President, the facility will be used to cover the nation’s budget deficit and support debt financing, among other fiscal obligations.
The request forms part of the Federal Government’s efforts to stabilise public finances and sustain ongoing government programmes.
In a separate communication, Tinubu also sought approval to secure a $1 billion UK Export Finance loan facility from London Citi Bank.
The loan is intended for the rehabilitation of key port infrastructure, including the Lagos Port Complex and Tin Can Island Port.
The President said the project aims to address critical infrastructure deficiencies in the country’s maritime sector
According to him, the rehabilitation will help improve efficiency, enhance safety standards, and support Nigeria’s efforts to diversify its economy beyond oil.
He added that the initiative would also strengthen Nigeria’s position as a regional trade hub.
Both requests have now been considered and approved by the Upper Legislative Chamber.
General News
FG Earmarks $2Bn to Launch 2 Satellites in 2028, 2029

Federal government has fixed 2028 and 2029 for the launch of two communication satellites, NIGCOMSAT-2A and NIGCOMSAT-2B, as part of efforts to strengthen security and expand digital connectivity.

The government will be committing over $22 billion on the ambitious space-led growth agenda focused on new satellite launches, increased industry revenue and expanded broadband access in underserved communities.
At the opening of the 2026 Nigerian Satellite Week in Abuja, Dr Bosun Tijani, minister of Communications, Innovation and Digital Economy, confirmed the government’s approval for the acquisition of two new satellites—NigComSat 2A and 2B, describing the move as a “defining commitment” to national development, digital sovereignty and economic competitiveness.
Also, Mrs Jane Nkechi Egerton-Idehen, managing director of Nigerian Communications Satellite Limited (NigComSat), noted that the projects have moved beyond procurement to the execution stage.
She said the satellites are designed to enhance intelligence gathering, surveillance, and connectivity across Nigeria and neighbouring countries, particularly in support of security operations.
“For 2A and 2B, we have started the process. We have closed the tender and are now back into the financing and implementation stage. 2A is built to come up in 2028, and 2B for 2029.
“When they are up and running, they are expected to provide security within the borders and neighbouring countries. They will support the security agencies because data collection and intelligence in real time is important. Satellites like communication satellites allow that, irrespective of where they are,” she said.
On his part, Tijani, said the satellite programme forms part of a broader government strategy to deepen digital infrastructure nationwide.
According to him, the initiative complements ongoing investments in fibre-optic expansion and telecommunications infrastructure, while extending connectivity beyond Nigeria’s borders.
“The President’s approval of NIGCOMSAT-2A and 2B demonstrates a clear commitment to building the future. These satellites will enhance security, connect remote communities, and extend our fibre-optic network into neighbouring countries.
“Some of these neighbouring countries pay up to ten times more for internet capacity than Lagos. Extending our fibre network will not only improve connectivity but also enhance border security and regional collaboration.
“Satellite technology affects everything, from how a child in a rural community accesses the internet to how farmers make critical decisions and how businesses operate across distance,” he said.
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