Telecom
Federal High Court Adjourns Case between MTN & CBN to December 4

The federal high court on Tuesday adjourned hearing of the suit between the Central Bank of Nigeria and MTN over the alleged repatriation of $8.1 billion from Nigeria.
Sitting at the Federal High Court in Ikoyi, Justice Saliu Saidu, after hearing submissions from lawyers on both sides, adjourned the matter till December 4, 2018, for hearing on all pending applications.
The company said that it will make its case to stop the central bank from asking for the return of $8.1 billion to Nigeria at the adjourned hearing in December.
Court documents also show that MTN will draw attention to a 2016 Senate investigation into alleged foreign exchange violations where the CBN, in sworn testimony, said that the company was not in breach of any provision of the law with respect to the contested Certificates of Capital Importation.
MTN Africa’s biggest mobile operator, which makes about a third of its annual core profit in Nigeria, said the allegations are without merit but added that no further negative steps have been taken by authorities in Nigeria.
The CBN on August 29 ordered the firm and four of its lenders to bring $8.1 billion back into Nigeria that it alleges the company sent abroad in breach of foreign exchange regulations.
MTN also faces a separate $2 billion tax demand from the Attorney General’s office.
Rob Shuter, CEO, MTN Group said on Monday that MTN will keep engaging with Nigerian authorities to resolve a $10.1 billion dispute, but is putting its faith in the courts to protect itself.
In a statement, Wole Olanipekun, SAN lead counsel to MTN, said the company “trusts that the Nigerian judicial process will reach the inevitable conclusion on this matter and justice will take its course.”
A separate hearing between MTN and the Attorney General over the tax demand has been scheduled for November 8 at the same court.
Telecom
Glo Unveils Immersive Gaming Experience, Travel Saga

With the introduction of Travel Saga, a premium, fast-paced gaming experience that is currently live and accessible to customers on its network, Globacom has lifted the bar for mobile entertainment in the country.

Travel Saga is a story-driven, intricately connected role-playing game designed to provide the thrill, complexity, and competitive intensity of some of the most well-known action games in the world.
The game, which has been painstakingly optimized for mobile devices, redefines mobile gaming as a full-fledged digital battlefield by translating a console-grade experience onto data-enabled handsets.
Fundamentally, Travel Saga takes users on quick virtual journeys against recognizable international landscapes. In a dynamic, ever-evolving gaming environment, players are thrown into furious missions, fierce fights, and ever-expanding tales where talent, strategy, and endurance determine who rises through the ranks to become a true war hero.
In addition to the excitement of fighting, users are encouraged to go to various locations, take part in thrilling challenges, and participate in intense competition for in-app rewards like points and victory badges. With each encounter and accomplishment, the immersion increases with each level, maintaining momentum and excitement.
Flexible subscription plans with one-time or auto-renewal choices are available to subscribers for the service, which costs ₦100 per day and ₦250 per week. By dialing *70021#, customers can quickly subscribe and gain instant access to the action.
With Travel Saga, Glo reaffirms its dedication to innovation and high-end digital experiences, making top-notch gaming easily accessible to its customers. The game offers uninterrupted action, adventure, and competition, all smoothly supported by the Glo network.
Telecom
SHELT Named in Prestigious 2025 MSSP 250 List for Cybersecurity Excellence

SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.

SHELT
The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.
SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.
“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”
The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.
Telecom
Meta Names Ex-Trump Adviser Dina Powell McCormick as President

Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.

Dina Powell McCormick
The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.
A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.
Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.
The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions
General News2 days agoPalmPay, Premier Cool to Reward 10,000 Nigerians with ₦100m in “10k for 10k Campaign”
News3 days agoNigeria, Others Lag Behind as Egypt Tops Africa in AI Readiness
E-Financial2 days agoEcobank Joins Trillion-naira Club for the First Time in 20 Years
E-Business2 days agoKaspersky Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk
E-Business2 days agoNigerian Terra Industries Secures $11.8m for Expansion
Telecom2 days agoSHELT Named in Prestigious 2025 MSSP 250 List for Cybersecurity Excellence
E-Financial1 day agoAngst as FG Demands 7.5 Percent VAT on Mobile Bank Transfers, USSD
News1 day agoMoniepoint Launches Second Cohort of DreamDevs Initiative to Double Down on Africa’s Tech Talent Pipeline



















