Telecom
Major boost for telecom services as Glo plans new submarine cable

In its bid to consolidate its position as the leading company in the Nigerian telecommunication industry, grandmasters of data, Globacom, has kicked-off the construction of a multi-billion naira optic fibre submarine cable which is expected to boost telecom services in Nigeria and West Africa.
The new project, named Glo 2, was announced during the formal contract-signing ceremony between Globacom and its partner, Huawei, a leading global information and communications technology (ICT) solutions provider held at Eko Hotel and Suites, Victoria Island, Lagos on Tuesday
Speaking at the event, Mr. Sanjib Roy, Globacom’s Regional Director, Technical, said the submarine cable would be built from Glo 1 landing station, Alpha Beach in Lagos and will run along the coast to the Southern part of Nigeria, adding that it will provide capacity to offshore oil platforms and the communities as well as facilitate ultra-high capacity connection to South-South Region and provide capacity to offshore oil platforms and the communities.
“Glo2 will be the first submarine cable in Nigeria to land outside Lagos as the five existing submarine cables only landed in Lagos. Glo 2 will have capacity of 12Terabit per second and will provide ultra-high speed connection to oil platforms and communities to empower data coverage and support Enterprise market growth in this part of Nigeria,” Mr. Roy explained.
The Glo Technical Chief explained that the Glo 2 project would provide high speed internet connectivity, thus supporting the oil platforms to improve productivity, upload data to remote oil platforms at the speed of light. In addition, it will also provide economic as well as social empowerment of the communities in oil producing regions through unique telecommunication service delivery.
“Glo2 will be the first submarine cable in Nigeria to land outside Lagos as the five existing submarine cables only landed in Lagos. Glo 2 will have capacity of 12Terabit per second and will provide ultra-high speed connection to oil platforms and communities to empower data coverage and support Enterprise market growth in this part of Nigeria,” Mr Roy explained.
According to him, Glo 2 is coming on board to support the growth of Nigerian Economy and allow Oil Communities reduce their operational expenditure by providing the first submarine optical fiber dedicated to oil platforms. “It is also designed for further expansion southwards to Cameroon, Equatorial Guinea, Gabon, Angola, among others,” he added.
Mr. Roy also stated that Glo 2 would facilitate high capacity connections between oil companies’ offices onshore and their offshore locations. “The New submarine cable will be approximately 850 kilometres long and will be named Glo2. The cable will be integrated to Globacom’s existing terrestrial Backbone Network to provide additional service redundancy”, especially Abuja and other parts of the country.
He stated further that the cable would be divided into three pairs, with the first pair connecting Lagos directly to Southern part of Nigeria while for redundancy and maintenance purposes it will also be connected to other parts of the country. The second pair will deliver high capacity to offshore oil stations and communities connected directly to Bus and will be equipped with eight switchable Branching Units. The third pair will deliver high capacity to Cameroon and Equatorial Guinea and will be equipped with two (2) switchable Branching Units.
Glo2 will support the Glo 1 international submarine cable built by Globacom in 2010.Glo 1 managed exclusively, from Lagos to London, by one Company currently provides sufficient bandwidth for the West Africa sub-region. It is the only international submarine cable in Nigeria.
In his remarks, Managing Director of Huawei Nigeria, Mr Li Beifang said that “Huawei is proud to partner with Globacom to build a revolutionary submarine cable using innovative and leading technology. We believe the cable would bring a new era of digitalization to Nigerian economy”.
Telecom
MTN Mulls Establishment of Fintech Firm in Nigeria, Others

MTN Uganda is seeking input from stakeholders on a plan to structurally separate its mobile money service, MoMo, from its core telecoms business.
According to the company, the proposed change will be discussed at the upcoming extraordinary general meeting on July 2.
If approved, the telco’s fintech business will be run by a new company controlled by MTN Group Fintech Holdings B.V. and a trust benefiting minority shareholders following a merger.
Additionally, the restructuring also aligns with MTN Group’s ambition 2025 strategy which aims to unlock value, attract new investors, and strengthen regulatory compliance by creating standalone fintech entities in Uganda, Ghana, and Nigeria.
The company’s fintech division has over 13 million customers, with an 18.4% revenue increase in the first quarter of 2025, driven by 19.0% growth in mobile money services, 19.8% growth in transaction volumes, and a 31.4% increase in transaction value.
Reports say the decision is part of the telco’s compliance with the National Payment Systems Act 2020, which mandates mobile money businesses to operate as standalone entities, and to align with MTN Group’s regional fintech strategy.
MTN Uganda, which is led by CEO Sylvia Mulinge, highlighted that the implementation of the proposed transaction will be subjected to a number of conditions and regulatory procedures.
“The implementation of the proposed transaction shall be subject to a number of conditions, including the company and MTN MoMo receiving all required regulatory approvals and no-objections and complying with any regulatory conditions,” said MTN Uganda in notice.
Telecom
ngCERT Issues High Alert to Nigerians Using Android Phones

Nigeria Computer Emergency Response Team (ngCERT) has raised alarms over a new wave of advanced cyberattacks targeting Android mobile phones through a malware campaign dubbed Tria Stealer.
The malicious software is designed to infiltrate Android devices, hijack messaging accounts, intercept One-Time Passwords (OTPs), to steal sensitive personal and financial data.
According to ngCERT, Tria Stealer spreads primarily through deceptive tactics, such as fake event invitations distributed via popular messaging platforms like WhatsApp and Telegram.
Unsuspecting users are enticed to download an infected (APK) file, often disguised as a harmless system application, to evade detection.
Once installed, Tria Stealer requests extensive permissions, including access to SMS, call logs, and app notifications.
It immediately commences data harvesting activities, sending stolen information to a Command and Control (C2) server operated via Telegram bots.
This trojan spreads through fake links, usually disguised as wedding or event invites, and tricks users into downloading malicious APK files
“Account takeover of messaging platforms. Impersonation of victim for fraudulent money transfer requests. Compromise of banking and financial applications. Identity theft and credential harvesting.”
In plain terms, if your phone is compromised, the consequences could be catastrophic.
Your financial apps are vulnerable, your reputation could be ruined by impersonation and even simple personal messages could be twisted into tools for scams.
Here’s what users should be doing now:
Don’t download apps outside the official Play Store.
Be suspicious of random invites or links, even from people you know.
Turn on 2FA for everything—banking, emails, social platforms.
Get a reputable antivirus and keep it updated.
If you run an organisation, you should already be taking this seriously.
ngCERT’s guidance says you should raise awareness, monitor mobile devices, and not let your team click on unverified links.
“Deploy network monitoring for suspicious outbound connections to known C2 domains,” it said, meaning, keep an eye on every digital door in and out.
This isn’t one of those cases where you wait to see if it affects you. By the time you realise it, it may already be too late.
Telecom
MTN and Ecobank Launch Chess Championship to Empower Nigeria’s Youth

MTN Nigeria is set to host the National Schools Team Chess Championship, Nigeria’s largest inter-school chess competition, scheduled to take place from June 26th to 28th, 2025, at the Ecobank Pan African Center in Victoria Island, Lagos.
The championship, organised in partnership with Ecobank and the Nigeria Chess Federation (NCF), aims to promote intellectual development, critical thinking, and problem-solving skills among young Nigerians, while also identifying and nurturing future chess champions.
The championship is open to primary, secondary, and tertiary level students, and this year’s edition will host an impressive 1,600 students from 400 schools across 36 states and the FCT.
The competition will feature team-based play, with each team comprising four players from the same school. A significant prize pool of over N40 million is at stake, with winning schools also having the invaluable opportunity to represent Nigeria internationally.
Onyinye Ikenna Emeka, Chief Marketing Officer (CMO) at MTN Nigeria, expressed the company’s commitment to the initiative, stating, “Our investment is driven by our commitment to fostering youth development, just as our shared value initiative.
“By supporting, we not only contribute to the growth but also engage with the younger demographic in a meaningful way, as we believe we are good together”.
MTN’s sponsorship of the National Schools Team Chess Championship is a natural extension of its long-standing dedication to empowering young people through various initiatives in sports, education, and skill development, including programs like MTN Champs and MTN Campus Invasion.
The company aims to establish itself as the leading driver of youth empowerment, education, and strategic thinking through chess in Nigeria.
The event will also feature the presence of Tunde Onakoya, a renowned chess master and inspiration, who will join the championship week to share his experiences and further inspire the young participants.
His involvement underscores the profound impact strategic thinking can have on transforming lives and building dreams.
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