Telecom
Gionee to Invest $12m In Nigeria, Launches M6 In December

Gionee Communication Equipment Company Limited said it has invested over $10 million in the Nigerian market for its branding activities, of the sum, it invested $8 million in 2016 alone; said Mr. Chen Lei, group chief executive officer of the Company.
Lei disclosed this in Lagos at the recently during the launch of Gionee S6s with Selfie flashlight; a 5.50-inch touchscreen display smartphone with a resolution of 1080 pixels by 1920 pixels at a PPI of 401 pixels per inch, packs 32GB of internal storage that can be expanded up to 128GB via a card. As far as the cameras are concerned, the Gionee S6s packs 13-megapixel primary camera on the rear and 8-megapixel front shooter for selfies.
Lei added that the Company which launched in Nigeria in 2011 has invested on over 500 retail outlets across the country.
“This year alone, we have invested $8million. When we launched in the market in 2011 we took our time to study the business climate and started investing more in 2014. Till date we have launched $10million in Nigeria. For next year (2017) our budget for the market is $12million,” Lei said.
Speaking on the target market segment, he said that Gionee products appeal to all strata of the society.
On his part, Somoye Habeeb, head, Marketing, Gionee Nigeria, said “It is not just a brand, but strong one in the industry. How do I mean? It has broken record(s) as its phones’ batteries last longer than others. It’s safe with rugged security chips. There are more to this brand which are the unique selling prepositions.
Gionee was founded on September 2002 and now among the world’s top 10 mobile manufacturers and a high tech enterprise that focuses on the R&D, production and sales of cellular mobile devices.
“Our management team advocates for a scientific and standardized enterprise management mode, with a strong sense of innovation. The constant pursuit for professionalism and innovation is the foundation of sustainable development at Gionee”.
Gionee’s R&D Centers are set up in Shenzhen, Beijing and New Delhi since 2006, the first phase of the project covers an area of 500 acres of the Gionee Industrial Park. Production reached a capacity of 80 million units per year.
Once the entire industrial park is completed and put into production, the Company expects production capacity will reach 80 million units per year, making Gionee China’s largest mobile phone production site.
Gionee has 41 provincial general sales agents and 39 provincial service centers with with 70,000 cooperation service network, 50,000 special zones and 200,000 counters in China, over 6,000 sales promoters and over 4,000 sales counters in India.
In 2015, the number of global shipment is more than 30,000,000, as it continues on the strategy to becoming the internationalized supplier of mobile communication equipment and mobile information service and one of the globally influential brands.
Since 2011, the Gionee brand moved rapidly to expand its presence into India, Nigeria, Vietnam, Taiwan, Myanmar, Thailand, Philippines, and so on. Gionee products are currently available in over 50 countries, with exports reaching one million phones per month for oversea markets.
Lei who is not ruling out the possibility of setting up a manufacturing plant in Nigeria in future, said that the phone’s signature ”From Smartphone To Smilephone” implies their believe that having a beautiful life comes from sharing happiness with others, anytime and anywhere.
“It comes from the joy of listening to your voice from a thousand miles away; it comes from capturing the moment we hug each other. It is seeing your smile in the sunshine.
“For a smile, we empower ourselves with technology to create smart products. For a smile, we ensure superior quality by attending to every detail. For a smile, we offer seamless user experiences through constant improvement. We are able to share every moment of joy in our lives with all those smiling faces,” he said.
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
X Suspends Twitter Account for Rules Violation

X, the social media platform formerly known as Twitter, has suspended the @Twitter account, replacing its profile with a standard notice citing violation of platform rules.

Musk
The action, which occurred on Sunday, January 11, left users encountering the handle greeted by a bold “Account Suspended” message on a black screen, with no details provided on the specific rules broken or the duration of the suspension.
The development has sparked widespread confusion and nostalgia among users, given that Elon Musk rebranded Twitter to X in July 2023, approximately six months after acquiring the platform for $44 billion in late 2022.
The @Twitter handle had remained dormant since before Musk’s takeover, serving as a legacy remnant of the platform’s original branding, and its suspension appears to mark the final erasure of the Twitter name amid X’s ongoing efforts to combat spam, impersonation, and rule violations.
X’s official statement on the suspended page simply reads: “X suspends accounts that violate our rules,” without offering an appeal process or further explanation, unlike standard user suspensions.
Public reactions on social media ranged from humorous laments of “RIP Twitter” to speculation that the move resulted from automated moderation or a deliberate cleanup of legacy trademarks.
xAI’s Grok AI described it as a purposeful retirement of outdated elements rather than a genuine infraction, while neither Elon Musk nor X spokespeople issued any comment as of Monday morning.
This incident underscores the evolving identity of the platform under Musk’s ownership, which also saw a domain shift to x.com in 2024, further distancing it from its Twitter roots.
Industry observers note that while the suspension aligns with X’s stricter enforcement policies, the lack of transparency has fueled debates on consistency in applying rules to high-profile legacy accounts.
Telecom
FG Plans to Invest $460m World Bank Loan in Fibre Infrastructure

Federal Government plans to channel $460m World bank loan, representing about 92 per cent of a $500m, into the proposed fibre infrastructure company set up to deploy 90,000 kilometres of climate-resilient broadband fibre across the country.

This is contained in the Financing Agreement for the Building Resilient Digital Infrastructure for Growth project between the Federal Government and the International Development Association, the concessional lending arm of the World Bank.
Under the agreement, the World Bank approved a $500m concessional credit to support Nigeria’s drive to expand access to high-quality and climate-resilient broadband internet in unserved and underserved areas.
Of this amount, $460m is earmarked specifically for equity financing and capitalisation of a new Project Company that will drive the fibre rollout. The remaining $40m will cover goods, works, consulting and non-consulting services, training, operating costs, and the refund of a preparation advance used to develop the project framework.
According to the document, the proposed Project Company will be established “as an independent, majority privately-owned and managed special purpose vehicle-joint venture with the objective of the deployment of 90,000 kilometres of climate-resilient fibre infrastructure following a phased approach, limited to provision of wholesale, open access services to licensed telecommunications operators, and management of associated investments, including the carrying out of preparatory activities and provision of transaction advisory services, and provision of equity financing in and capitalization of the Project Company.”
The Federal Government will participate in the company as a shareholder through the Ministry of Finance Incorporated, which manages the government’s investment interests. However, the agreement explicitly caps the government’s shareholding at a maximum of 49 per cent, ensuring that the company remains majority privately owned.
The $460m equity injection is broken into four tranches, tied to strict performance and operational milestones. The first tranche of $150m will be released once the Project Company is incorporated as a joint venture with private partners selected through a process acceptable to the World Bank, and after its memorandum, articles of association, and shareholding agreement are approved.
A second tranche of $100m will only be disbursed after the company adopts fiduciary and administrative procedures approved by the lender and completes at least 5,000 kilometres of fibre deployment. The third tranche of $100m is linked to the completion of an additional 20,000 kilometres of network construction.
The final tranche of $110m will be released after the company launches wholesale open-access services through a published reference offer and completes a further 40,000 kilometres of fibre deployment, bringing the total rollout to at least 65,000 kilometres before the final equity drawdown.
Once each tranche is withdrawn, the agreement requires that the funds be transferred to the Project Company’s dedicated account within five working days, showing the equity nature of the financing rather than traditional budgetary spending.
The project will be implemented under the oversight of the Federal Ministry of Communications, Innovation and Digital Economy, and the Federal Ministry of Finance will receive semi-annual progress updates.
A dedicated Project Implementation Unit will manage day-to-day execution, with overall financial management handled by the Federal Project Financial Management Department in the Office of the Accountant General of the Federation.
Beyond the fibre rollout, the project also includes technical assistance to federal government agencies to support the use of high-quality broadband in targeted areas, as well as funding for project management, monitoring and evaluation, environmental and social safeguards, grievance redress mechanisms and independent audits.
The agreement places strong emphasis on environmental and social standards, requiring compliance with an Environmental and Social Commitment Plan. It also mandates the establishment of an accessible grievance mechanism for affected communities and strict reporting obligations to the World Bank.
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