Telecom
FG to Make Another Attempt to Wind-Down NITEL

The federal government is to restart attempt to wind down Nigerian Telecommunications Limited (NITEL)., the moribund national carrier and MTEL, it mobile subsidiary, after a court blocked its previous liquidation attempt a couple of weeks ago, Nigeria CommunicationsWeek can report
The federal government had opted for the liquidation of the carrier after various attempts to privatise the company or turn around its fortunes have stalled.
But a federal l High Court sitting in Port Harcourt, Rivers State, had granted an injunction stopping the liquidation of the Nigerian Telecommunications Limited.
Nigeria CommunicationsWeek gathered that feelers from the presidency however suggested a renewed political support for yet another attempt to rescue the ailing telecoms operator.
The Bureau of Public Enterprises (BPE) had middle of last year, said that over $3 billion (about N480 billion) liabilities of the ailing carrier remained the greatest constraint to the planned guided liquidation of the enterprise.
According to BPE, the state-owned telecom company’s liabilities far outweigh their current value.
A source at the Presidency told Nigeria CommunicationsWeek that “the federal government is really worried that NITEL and MTEL have continued to deteriorate. That is why the President has given his full support for effort to break the jinx”
It would be recalled that a federal High Court in Port Harcourt, had in January granted an injunction stopping the liquidation of NITEL.
Ruling on a suit with reference No FHC/Ph/S/471/2011 filed by Snytel IG Wills Communications Limited against the Nigeria Telecommunications Plc, Bureau of Public Enterprises, Ministry of Finance Incorporated (MOFI), National Council on Privatisation (NCP), Attorney-General of the Federation (AGF) and the federal government of Nigeria, Lambo Akanbi, who presided over the case directed all parties to maintain “ante bellcum” pending the determination of the case fixed for March 24, 2014.
Francis Enyong, counsel to the plaintiff, had earlier informed the court that while the suit was pending, the defendants had filed a residing suit for the liquidation of NITEL in an Abuja High Court.
The judge, however, frowned at the actions of the defendants, who were all present in court and mandated them to maintain the status quo, pending the determination of the existing suit on March 24, 2014.
The plaintiff had dragged the federal government to court over plans to liquidate NITEL.
The NITEL privatization imbroglio has lingered for more than a decade and one time the House of Representatives recommended that the Central Bank of Nigeria (CBN) bailout the beleaguered carrier.
The privatisation process started in 2001, when the Investors International London Limited (ILL) bid to acquire the company but defaulted in paying the bid price of $1.317 billion.
In 2003, Pentascope of Netherlands was appointed as management contractors to revamp the company for another privatisation process.
But this was marred by scandalous revelations that led to cancellation of the contract.
In 2006, Transcorp won a bid to acquire the company for $500 million but they also failed to pay.
In February 2010, New Generation emerged the preferred bidder with an offer price of $2.5 billion in yet another attempt. But this preferred bidder also failed to pay even after it got several deadline extensions.
Additional report from Cellular-news
Telecom
Mart Networks Rolls Out Tailored Cybersecurity Solution for Fintechs

Mart Networks, a leading cybersecurity distributor across Africa and the Middle East, has unveiled a specialized cybersecurity package tailored for fintech firms.
The solution, powered by Invinsense, Infopercept’s unified cybersecurity platform, aims to address the growing security needs of fintechs operating in highly regulated environments.
According to Moiz Maloo, Managing Director at Mart Networks, fintech companies face unique security challenges due to stringent regulatory requirements and increasing threats. “Most fintechs don’t have the luxury of multiple internal security teams or system integrators. With this focused offering, we’re providing an all-in-one platform with managed services built specifically for the fintech environment,” he said.
The offering integrates four key components: Invinsense XDR and Managed Detection & Response for real-time monitoring, Exposure Management for vulnerability detection, Security Compliance Management to support fintechs in meeting regulatory standards, and Cybersecurity Awareness Programs to empower teams against cyber threats.
Furthermore, the package includes deep application visibility, ensuring fintech-specific applications remain secure through Invinsense SIEM’s custom log ingestion capabilities. To reinforce protection, Infopercept’s engineering team will provide code-level fixes, patches, and infrastructure security enhancements.
With the rise of cloud-based fintech operations, the solution also incorporates full-stack cloud security, including API security, Cloud Infrastructure Entitlement Management (CIEM), and Application Security Posture Management (ASPM).
Mart Networks’ move underscores the growing importance of cybersecurity in Africa’s fintech sector, as financial services become increasingly digital and susceptible to evolving cyber threats.
Telecom
Equinix Expands Digital Footprint in Nigeria with Launch of LG2.3 Data Center

Equinix, Inc. the world’s digital infrastructure company™, has officially opened its latest data center expansion in Lagos. Called LG2.3, the facility will support Nigeria’s growing digital transformation efforts, providing state-of-the-art colocation and secure interconnection solutions which will empower businesses across the region.
It also signifies Equinix’s unwavering dedication to advancing Nigeria’s position in the global digital economy, reinforcing the company’s commitment to the region.
As part of the inauguration, Bruce Owen, President of EMEA at Equinix, along with other Equinix executives, led the ribbon-cutting ceremony at the newly expanded site. In addition to an official visit to the Governor of Lagos State, Equinix hosted an exclusive customer engagement event, bringing together key customers and partners from Nigeria’s business and technology sectors.
Attendees discussed shared successes and Equinix’s role in facilitating digital transformation, while also connecting directly with Bruce Owen for insights into how Equinix’s solutions drive innovation and business agility in the region.
Equinix executives also took part in a tree-planting ceremony, symbolising Equinix’s continued investment in sustainable initiatives across the globe and highlighting the company’s broader goal of reducing its carbon footprint while supporting greener practices across its operations worldwide.
Speaking about the expansion, Bruce Owen, President of EMEA at Equinix said “Nigeria is a crucial market for Equinix. Today’s opening is a clear demonstration of our continued commitments to invest and grow digital infrastructure that will benefit the many thousands of businesses in Nigeria and on the continent as a whole.
“I am deeply encouraged by the enthusiastic partnerships and innovations emerging from this dynamic region, which continue to inspire our commitment to Nigeria’s digital and sustainable future.”
Adding to this, Wole Abu, Managing Director of Equinix West Africa, highlighted the critical role of data centers in driving economic growth stating “Data centers continue to play a pivotal role in driving economic development in Nigeria, serving as critical infrastructure that supports digital transformation and economic growth.
“As governments and enterprises increasingly acknowledge their significance, global demand for data center capacity is poised to rise. While Africa’s demand for data solutions is still evolving compared to more mature markets, the continent is demonstrating strong potential for digital adoption and innovation.
“To meet this growing need, Equinix is actively advancing three major data center projects in Nigeria, with future expansion plans for Ghana, Côte d’Ivoire, and South Africa.”
Equinix remains steadfast in its mission to enable secure, scalable, and sustainable digital growth for economies across the world.
Telecom
African Women Hit Hardest as Mobile Internet Gender Gap Persists

African women remain among the most digitally excluded globally, with smartphone affordability and digital literacy among the key barriers. New data from the 2025 GSMA Mobile Gender Gap Report, launched recently, reveals a persistent global gender gap in mobile internet use across low- and middle-income countries (LMICs).
It further notes that literacy, digital skills, safety, and affordability of data also remain critical barriers. The report highlights that 885 million women across these regions still do not use mobile internet, with nearly 60% of them living in Sub-Saharan Africa and South Asia.
While mobile internet is the primary way women in LMICs access the internet, offering critical lifelines to health, education, and financial services, the pace of female adoption has stalled, leaving 235 million fewer women than men connected.
Claire Sibthorpe, head of digital inclusion at GSMA, highlighted that the gender gap had narrowed significantly between 2017 and 2020, but progress flatlined in recent years.
Although 2023 brought a slight improvement, restoring the gap to 15%, 2024 saw minimal change, with the gap settling at 14%.
The disparity is most severe in Sub-Saharan Africa, where women are 29% less likely than men to use mobile internet.
“It’s disheartening that progress in reducing the mobile internet gender gap has stalled. The digital divide is driven by deep-rooted socio-economic and cultural factors that disproportionately impact women,” said Sibthorpe.
GSMA projects that closing the gender gap by 2030 could add $1.3 trillion to GDP across LMICs and deliver $230 billion in revenue to the mobile industry.
The report, funded by the UK FCDO, Sida, and the Gates Foundation, stresses the urgent need for targeted investment and policy action to bridge the digital divide and ensure that no woman is left offline.
“The mobile internet gender gap is not going to close on its own. It is driven by deep-rooted social, economic, and cultural factors that disproportionately impact women,” said Sibthorpe.
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