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Expect 80% Mobile Data Subscription Growth in Five Years- VDT

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Mr. Biodun Omoniyi, managing director and chief executive officer of VDT Communications
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Based on the global trends and Nigeria’s antecedents, one of the most significant projection is that there would be 80% mobile data subscription growth in the next five years, said Mr. Biodun Omoniyi, managing director and chief executive officer of VDT Communications.

He made the projection during a presentation at special reception organised by the Association of Telecommunication Companies of Nigeria (ATCON) in honour of Professor Umar Danbatta, executive vice chairman of the Nigerian Communications Commission (NCC).

Omoniyi said that the forecast presents a lot of opportunities for investment and benefits to the industry players and to the country at large.

As reported on 26th September, 2016, the most current data on broadband penetration in Nigeria was provided by the EVC himself.

He stated that broadband penetration in Nigeria has reached 20.95% while internet penetration has reached 47.44%, second only to South Africa in the continent.

“With this feat, meeting the 30% broadband penetration target by 2018 looks quite feasible.

Highlights of the current performance indices, provide a strong pedestal for projecting into the future of the Nigerian Telecom industry in the next 5years,” he noted.

A global expert in world population data, Worldometers puts the current Nigerian population at 188,174,929 (September, 2016) and projects a population of 206,830,983 in the year, 2020.

“In view of a projected population of about 207 million in 2020, it is safe to project Voice subscriber base of 33% increase or about 200million subscribers in the next 5years,” Omoniyi said.

He said, however, for mobile broadband data, exponential growth will be sustained. It is not far-fetched to project 80% mobile data subscription from the current 92million to 166million within the next 5years.

According to the VDT MD/CEO, more defunct ISP’s will be revived to take advantage of the growing opportunity as increase in the number of new entrants into the broadband communications sub-sector cannot be ruled out.

He said the industry will witness significant increase on investment in broadband communication; “Increase in wireless network infrastructure and investment; cloud and IOT services will be consolidated; e-Commerce including e-payment will be on the upward swing with many innovative applications and offering and M2M applications especially in the health and automobile sectors will be on the rise”.

The accumulative effects of all these occurrences in the industry, he said, will bring the overall benefits of development in telecommunications to bear on Nigeria as a nation.

But, the expected desirable occurrences in the industry will not be without some undesirable challenges, which Omoniyi listed as including electricity power supply: “Though a significant improvement is expected in the industry, this is likely to still pose a challenge; poor service quality/congestion; regulatory challenges- especially for the new entrants and innovative service offerings and manpower: With industry growth and new offerings come the challenges of well trained manpower”.

Nigerian telecom industry current performance indices [july,2015 to june 2016] shows the current subscribers’ base of 150,660,631, with teledensity standing at 107.61.

Also, MTN leads the market with 39% share of the market; Glo 24%, Airtel 21% and Etisalat 15%; while 99.5% of the market is dominated by GSM.

“There is market shift in favour of Data compared to Voice. Out of the total subscriber base of 150,660,631, while 92,181,178 representing 61% use mobile internet and this is expected to continue on the upward swing.  

“The next five years in the Nigerian Telecom industry will witness tremendous growth, especially in the data segment of the market. This is bound to give rise to several rewarding opportunities in the industry, however with accompanying challenges.

He said that at VDT, they have made efforts to position ourselves to reduce the impact of the challenges while taking advantage of the emerging opportunities.

Through adequate preparation and readiness, you too can put your organization at a vantage position to manage the challenges and exploit the highly rewarding opportunities that will occur in the industry in the next five years.

 

 


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Oyedele Dismisses Claims Bank Accounts Without TIN Will Be Frozen

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Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has dismissed reports that bank accounts not linked to a Tax Identification Number (TIN) will be frozen or automatically debited from January 1, 2026.

Oyedele Dismisses Claims Bank Accounts Without TIN Will Be Frozen

Taiwo Oyedele

Oyedele described the claims as false and misleading, warning Nigerians against panic over misinformation surrounding recent tax and financial reforms.

In a post on his X handle Tuesday morning, he wrote: “Don’t let anyone manipulate you. Your bank account is safe. Misinformation makes you panic and fear a reform that is designed to help you.

“When they tell you that your account will be frozen or automatically debited from January 2026, ask them for the evidence in the new law. Be wise.”

He stressed that no provision in the new tax laws authorises the freezing of bank accounts, adding that the rumours are part of widespread misrepresentation of the reforms.

The committee chairman reiterated that the reforms are intended to simplify Nigeria’s tax system and ease the burden on ordinary citizens, not to impose punitive measures on bank customers.


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Amazon Blocks 1,800 North Koreans From Job Applications

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AMAZON
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US tech giant, Amazon has disclosed that it blocked more than 1,800 North Koreans from applying for jobs, amid growing concerns that Pyongyang is deploying large numbers of IT workers overseas to earn and launder funds.

Amazon Blocks 1,800 North Koreans From Job Applications

Amazon

In a LinkedIn post, Amazon’s Chief Security Officer, Stephen Schmidt, said North Korean nationals have been attempting to secure remote IT roles with companies around the world, particularly in the United States.

He noted that the company recorded nearly a one-third increase in such applications over the past year.

According to Schmidt, many of the applicants operate through so-called “laptop farms” — computers physically located in the US but remotely controlled from abroad.

He warned that the issue is not unique to Amazon and is likely occurring at scale across the tech industry.

He added that common red flags include incorrectly formatted phone numbers and questionable academic credentials.

The issue has previously drawn the attention of US authorities. In July, a woman in Arizona was sentenced to more than eight years in prison for running a laptop farm that helped North Korean IT workers obtain remote jobs at more than 300 US companies.

Officials said the scheme generated over $17 million in revenue for both the woman and North Korea.

Last year, South Korea’s intelligence agency also warned that North Korean operatives were using LinkedIn to pose as recruiters, approaching South Koreans working at defence companies in an attempt to steal sensitive technological information.

“North Korea is actively training cyber personnel and infiltrating key locations worldwide,” Hong Min, an analyst at the Korea Institute for National Unification, told AFP.

He added that, given Amazon’s business model, the motivation behind such operations is largely economic, with a high likelihood of attempts to steal financial assets.

North Korea’s cyber warfare programme dates back to at least the mid-1990s and has since expanded into a cyber unit of about 6,000 personnel known as Bureau 121, according to a 2020 US military report.

In November, Washington announced sanctions against eight individuals accused of being state-sponsored hackers, alleging their illicit activities were carried out to fund North Korea’s nuclear weapons programme.

The US Treasury has also accused North Korea-linked cybercriminals of stealing more than $3 billion over the past three years, primarily through cryptocurrency-related crimes.


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Treepz Launches Direct Flight Bookings to UK, Canada, UAE and 210 Global Destinations

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Treepz, Africa’s leading mobility and travel technology company, has officially launched direct flight bookings on its platform, enabling customers to search, compare and book flights to more than 210 destinations worldwide, including the United Kingdom, Canada and the United Arab Emirates.

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The development marks a major milestone in Treepz’s transition from a mobility provider into a fully integrated travel platform. With the new service, travelers can now complete the entire booking process — from flight search to payment — directly on the Treepz website without relying on multiple agents or third-party platforms.

Speaking on the launch, Mr. Onyeka Akumah, Chief Executive Officer and Founder of Treepz, described the initiative as a defining moment for the company and for travel access across Africa.

He said launching flight bookings to serve customers with flights to over 200 destinations was a major achievement, noting that travelers could now search for flights, enter their details, make payments with their cards, and complete bookings instantly on the platform without delays or switching between multiple websites.

The launch comes at a critical time for the African travel market. December is widely regarded as the busiest travel season on the continent, driven by holiday vacations, family reunions, weddings, festivals and end-of-year celebrations.

Millions of Africans travel locally and internationally during this period, often facing challenges with slow booking systems, unclear pricing and fragmented services.

Treepz’s new flight booking system is designed to address these challenges by offering a faster, more intuitive and reliable experience.

Customers can now search and book flight tickets directly on the Treepz website, compare prices and travel options in real time, make payments using any card option, and complete bookings faster without switching platforms.

Treepz has outlined ambitious plans for 2026, including unlocking access to over six million hotels globally, which will allow travelers to book flights and accommodation together in one seamless flow.

The company also plans to expand its car rental services into Europe and South America, further strengthening its position as a one-stop travel ecosystem.

According to Akumah, these developments will significantly reduce planning time for both leisure and corporate travelers, while giving customers more control and convenience.

Treepz has already facilitated more than six million movements across multiple cities and countries, ranging from daily commutes and corporate transportation to group travel and event logistics. With active operations across Africa and recent expansion into Canada, the company continues to grow its international footprint.

The addition of flight bookings strengthens Treepz’s ability to serve global travelers while maintaining its reputation for reliability and customer-focused service.

By integrating flights, accommodation, ground transportation and experiences into one platform, Treepz is positioning itself as more than a mobility provider.

The company is evolving into a comprehensive travel solution designed for modern travelers who value speed, clarity and convenience.

Industry analysts say the move could redefine travel access across Africa, particularly during peak seasons when demand for efficient booking systems is highest.

With this launch, Treepz has taken a bold step toward building a unified, tech-driven travel ecosystem that connects Africa to the world.


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