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Economy: Digital Nigeria Crucial for Inclusive Growth – Airtel CEO

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(L-r): Dr. Ogho Okiti, economist and policy analyst; Segun Ogunsanya, MD/CEO, Airtel Nigeria, and Mark Bohlund, Africa and Middle East Senior Economist, Bloomberg Intelligence, at the 2nd Nigeria Stock Exchange and BLOOMBERG CEO's Round table in Lagos.
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Federal Government has been urged to prioritize digitization, as focus on ‘digital Nigeria’ will help drive inclusive growth.

Mr. Segun Ogunsanya, chief executive officer and managing director of Airtel Nigeria, made the call at the second edition of the Nigeria Stock Exchange (NSE) CEO Roundtable, adding that mass adoption of connected digital services by consumers, enterprises, and governments, will emerge as a major driver and enabler of socio-economic benefits, driving inclusive growth across sectors.

According to him, implementing a vision of digital Nigeria will not only help diversify the economy for good but will also create massive employment opportunities and provide citizens opportunities and access to education, health, while opening up other sectors.

Illustrating the massive impact of digitization to economic growth and development, Ogunsanya said an increase in a country’s digitisation score fuels growth in its GDP per capita.

Indeed, “ICT is important to every sector as it provides the right platform to drive the economy,” he noted.

Speaking further, the Airtel CEO also urged the Federal Government and the Central Bank of Nigeria to classify the telecoms sector under Manufacturing as this will enable players in the sector benefit from the current Foreign Exchange direction.

He noted that the sector manufactures recharge cards and also provide high end telecommunications equipment that helps accelerate growth and adoption of mobile Internet and voice services in the country.

Speaking to the theme of the event, navigating the changing landscape of business in Nigeria, Ogunsanya said Airtel has adopted a model that is focussed on innovation, cost optimization and provision of bespoke mobile Internet and telecommunications services to its consumers.

“The telecoms industry is a unique one because while prices are rising everywhere our prices are falling because we have been able to create innovative ways to meet the needs of our customers without increasing costs.”

While speaking on the economy Mr. Ogunsanya noted that though foreign exchange is still a critical issue, Nigeria has the fundamentals for growth through its huge population, large land mass and opportunities for diversification.

He urged the government to make Nigeria inviting for investors by creating a vision for the country which will aid Nigeria’s economic identity.

He also called for tangible components which will safeguard investments in Nigeria such as better business policies, improved security system as well as efficient transportation system.

In his keynote address, Oscar Onyema, CEO, Nigerian Stock Exchange, said the need for the forum was timely and relevant as a result of the strong headwinds affecting the Nigerian economy.

Onyema noted that it has become imperative to get multifaceted views on how to overcome the persistent challenges in our economy.

Other panellists at the second NSE Bloomberg CEO round table were CEO, Nestle Nigeria, Dharnesh Gordhon; Executive Director, Chapel Hill Denham, Ayo Fashina; Africa and Middle East Senior Economist, Bloomberg Intelligence, Mark Bohlund and Economist and Policy Analyst, Dr. Ogho Okiti; while Senior Banking Industry Expert, Bloomberg, Paul Wallace was the moderator.

The second NSE Bloomberg CEO round table was also attended by Chief Nike Akande, President, Lagos Chamber of Commerce and Industry; Executive Director, Market Operations and Technology, NSE, Ade Bajomo, Head Market Structure Strategy, MEA, Bloomberg, Selloua Chakri and others.

The NSE Blooomberg CEO roundtable is focused on discussing timely issues that will aid the Nigerian economy, and the white paper will be submitted to Nigeria’s policy makers.    


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MTN Nigeria Crowns Ayo Benzi Winner of Next Afrobeats Star

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L-R: Onyinye Ikenna-Emeka, Chief Marketing Officer, MTN Nigeria; Ayodeji Benson, Winner, Next Afrobeats Star Reality Show (Season 1) and Emamoke Ogoro, General Manager, Brand and Communication, MTN Nigeria, at the grand finale of the Next Afrobeats Star Reality Show (Season 1), held at the Ultima Studios, Lekki, Lagos on Saturday, December 13, 2025.
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MTN Nigeria, in collaboration with ONErpm and Ultima Studios, has announced Ayodeji Benson, popularly known as Ayo Benzi, as the winner of the maiden edition of the Next Afrobeats Star reality show.

MTN Nigeria Crowns Ayo Benzi Winner of Next Afrobeats Star

L-R: Onyinye Ikenna-Emeka, Chief Marketing Officer, MTN Nigeria; Ayodeji Benson, Winner, Next Afrobeats Star Reality Show (Season 1) and Emamoke Ogoro, General Manager, Brand and Communication, MTN Nigeria, at the grand finale of the Next Afrobeats Star Reality Show (Season 1), held at the Ultima Studios, Lekki, Lagos on Saturday, December 13, 2025.

The grand finale, held on Sunday night at Ultima Studios in Lekki, Lagos, marked the climax of a nationwide talent search that began in September with over 15,000 aspiring musicians.

After weeks of auditions, mentorship, and rigorous training, five finalists – Ayo Benzi, Dave Cash, Kaeko, Somto O’Laker, and Lucky Yay – battled for the top prize in a high-energy showcase of performance and artistry.

At the end of the electrifying contest, Ayo Benzi emerged victorious, securing a ₦150 million music deal. Dave Cash was named first runner-up with ₦100 million, while Kaeko, Somto O’Laker, and Lucky Yay received ₦75 million, ₦50 million, and ₦25 million respectively.

Throughout the season, contestants were mentored by leading Afrobeats producers Sarz, Puffy Tee, P Prime, and Andre Vibez. Benzi, who was part of Puffy Tee’s team, credited the mentorship programme for sharpening his craft and stage presence.

Speaking at the event, Onyinye Ikenna-Emeka, Chief Marketing Officer of MTN Nigeria, said the initiative reflects the company’s commitment to youth empowerment and cultural expression.

“The Next Afrobeats Star platform is about creating real opportunities for young Nigerians and giving their talent the structure, visibility, and support it deserves.

“Afrobeats continues to place Nigeria on the global cultural map, and MTN is proud to be enabling the next generation of artists who will take this sound even further,” she said.

She added that the finale was not just a competition but a celebration of growth and readiness for the global stage.

In his acceptance speech, Ayo Benzi described the victory as a defining moment in his career.

“A big thank you to MTN. From the audition days, the treatment MTN has given us has been amazing. God bless the brand,” he said.

The finale also featured guest performances by Afrobeats stars Iyanya and Bella Shmurda, adding glamour to the night and reinforcing the show’s connection to the wider music ecosystem.

With the successful conclusion of the season, MTN Nigeria and its partners reaffirmed their role in championing youth ambition, supporting creative industries, and shaping the future of Nigerian music through platforms that turn potential into opportunity.


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T2 Faces NCC Probe in Benue Over Major Service Outage in 9 LGAs

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T2, formerly known as 9mobile, is under investigation by the Nigerian Communications Commission (NCC) in Benue State for an undisclosed incident disrupting USSD, SMS, voice, and data services across nine local government areas.

T2 Faces NCC Probe in Benue Over Major Service Outage in 9 LGAs

T2

The affected areas include Ado, Agatu, Gwer East, Gwer West, Konshisha, Obi, Ohimini, Okpokwu, and Otukpo, as detailed in an advisory on the NCC Major Outages Portal, which tracks significant disruptions reported by Mobile Network Operators (MNOs) and Internet Service Providers (ISPs).

Neither T2 nor its public relations firm, Chain Reactions, has responded to inquiries on the outage’s cause or restoration efforts as of this report.

The NCC’s continued reference to the operator as 9mobile, months after its public rebranding to T2 in August 2025, has sparked questions about whether the name change was formally notified to the regulator.

This probe aligns with NCC mandates requiring operators to disclose major outages, their impacts, and timelines for fixes, with compensation obligatory for disruptions exceeding 24 hours under the Consumer Code of Practice Regulations.

Industry watchers note that such incidents, often linked to fibre cuts, power failures, or infrastructure faults, underscore ongoing challenges in Nigeria’s telecoms sector, particularly amid T2’s subscriber losses post-rebrand. NCC vows transparency via its portal to hold operators accountable and protect consumers.


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NCC Unveils Draft 5-Year Spectrum Roadmap, 60 GHz License-Exempt Guidelines to Boost Broadband, Innovation

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Nigerian Communications Commission (NCC) has unveiled two pivotal regulatory draft documents aimed at reshaping Nigeria’s communications sector over the next five years and fast-tracking deployment of ultra-high-speed wireless technologies.

NCC Unveils Draft 5-Year Spectrum Roadmap, 60 GHz License-Exempt Guidelines to Boost Broadband, Innovation

NCC

In a public notice dated December 19, 2025, and issued pursuant to its mandate under the Nigerian Communications Act (NCA) 2003, the Commission published the Draft 5-Year Spectrum Roadmap for the Communications Sector (2025–2030) and Draft Guidelines for the Use of the 60 GHz License-Exempt Band for Multi-Gigabit Wireless Systems.

Both documents are accessible on the NCC website for stakeholder review, with the roadmap outlining strategic spectrum planning, allocation, and management to optimise utilisation, support emerging technologies like 5G and IoT, expand broadband access, and align with global best practices.

The Spectrum Roadmap emphasises four core pillars: bridging the digital divide through low-band spectrum and satellite services, attracting investments via flexible licensing models, enhancing service quality with mid-band optimisation, and fostering innovation in areas such as direct-to-device connectivity and secondary spectrum trading.

It sets ambitious targets including universal 4G coverage nationwide, 50 per cent 5G penetration in state capitals, and average broadband speeds of 100 Mbps by 2030, while addressing rising data demand through band refarming and efficient management.

Complementing this, the 60 GHz Guidelines establish a license-exempt framework for the 57–66 GHz band, enabling multi-gigabit speeds up to 10 Gbps for short-range applications like WiGig, fixed wireless access, enterprise connectivity, urban broadband, and backhaul solutions.

The rules mandate NCC type approval for equipment, site registration for outdoor use, and interference mitigation measures, while prohibiting wide-area networks to safeguard primary users.

In line with Section 58 of the NCA 2003, NCC invites comments from industry operators, equipment manufacturers, consumer groups, and the public, with submissions due by Friday, January 16, 2025, via email to [email protected], [email protected], and [email protected].

The notice, signed by Mrs Nnenna Ukoha, Head of Public Affairs, stresses that stakeholder inputs will refine the frameworks to drive innovation, investment, competition, and sustainable growth in Nigeria’s telecoms ecosystem.


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