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Globacom: World Class Institution Made in Nigeria

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When Dr. Mike Adenuga Jr. proudly pulled the curtain to reveal Globacom after winning the Second National Operator (SNO) license in August 2002, the stage was set for the making of what is now the best brand ever made out of Nigeria.
Driven by patriotism, Globacom, has become a national character with world class outlook.
Globacom is much more than a national symbol; it is everything good in Nigeria.
The company’s promise is as good as its ability to deliver on it.
With the self-confident vision of the chief promoter, Globacom is now building biggest and best telecommunications network in Africa.
The principal business strategy to achieve this vision is expansion.
Road to Success
The amazing success of Globacom in the telecommunications sector has been a cause for national celebration and he has become an idol to Nigerian youths.
It came with determination and tenacity.
Remember that Dr Adenuga’s marks in oil and gas as well as banking and indeed the nation’s economy have been legendary, his venture into the telecommunications industry however a lot of ebbs.
In 2001, he ventured into telecommunications and began his search for a GSM licence, which he won.
A frequency allocated to him and his Communication Investment Limited (CIL) was encumbered and became subject of litigation.
CIL paid an initial US $20 million non-refundable deposit for the bidding and was only informed of problems associated with the licence at the point of payment by its bank, BN Paribas of France.
But CIL had paid the initial US $20 million non-refundable deposit for the bidding and was only told about the problematic license at the point of payment by its bank, BN Paribas of France.
While, he was struggling to regain his lost license, other licensees were busy deploying men and material for the launch of operations. Then, he saw a new window of opportunity, the National Operator License.
This was going to give him the GSM license, which he lost, a fixed and fixed wireless license, a gateway license and an online license. He went for it. Again, he was lucky. He won.
But his competitors had gone miles ahead. He plunged in and has now overtaken most of the early starters. He is currently dictating the pace and the tenor of the game.
How Globacom Got it Right
Globacom is credited for the first major tariff reduction in the country because before it launched a prepaid line was as expensive as N16, 000. Globacom cut that to N1, 999.
The company cut cost by 30-50 per cent, to N15-N20 per minute for frequent callers.
It did not stop there, Globacom is leader in innovation and that is a key to Globacom’s growth.
It is clearly a leader in the Nigerian market with respect to customer orientation.
Its unique marketing plans, product and tariff packages as well as superior service offering combined have made Globacom a world class company.
Many Firsts
First to introduce per-second billing (while other operators claimed it would only be possible by 2007);
•launched Txt2Email, a
service to send text messages from a mobile to any email address, and vice versa;
•offered Multimedia
 Messaging Service (MMS);
•launched a mobile e-mail service with the Blackberry solution, thanks to Alcatel’s partnership with RIM;
•Magic Plus, a service to access information, business, sports and entertainment news;
•Glo Direct, which uses a mobile phone as a laptop modem via Globacom’s GPRS coverage;
•Glo Mobile Internet, via WAP and GPRS;
•Glo Fleetmanager, a vehicle tracking solution;
•M-banking, giving subscribers access to their bank accounts from their mobile phones.
The Big Bang
Driven by patriotism and desire to slash the high cost of bandwidth in Nigeria, Globacom is laying a 9,500-kilometre submarine telecommunications cable to connect Africa with Europe and the United States.
The submarine cable project, which is costing about $250m, will run from London to 14 West African countries, with a dedicated link to the United States.
 It is expected to reach Ghana this year and shortly after, Nigeria.
The completion of the project will revolutionise telecoms services on the continent, and make them truly affordable to individuals and corporate bodies. It will also enable more services and products to be introduced by Globacom.
Aside developing Glo 1, Africa’s first private submarine fibre optic cable, Globacom is building one of the biggest and best telecommunication network in Africa
Pan African Company
Globacom is rolling out simultaneously across the West African countries from Ghana to Benin Republic; the Nigerian company is building world dream network.
In the build up to its dream of becoming a Pan African operator, Globacom is relying on its technical superiority, and ability to roll out quickly and effectively.
And the Chief Driver
Adenuga, has penchant for building something out of nothing. He is a quintessential businessman.
He is the sterling example of the type of business grit and entrepreneurial skill Africa needs to Cheeta pole vault its economies
A serial optimist, Adenuga, sees business where others do not. He has his hands in every good pie in the country.
Ingenuity is his second name because he started making money very early in life and has never looked back.
Adenuga described by former president of Ghana, John Kufor as a pride to Africa and a beacon of hope to the continent is a philanthropist of note.
Adenuga, 54 years old and a multibillionaire, is son of the late Ma Oyinkansola Adenuga, a wealthy trader.
Though son of a wealthy trader, he started the art of making money as a student in the United States where he took on two jobs — as a taxi driver and security guard — to sustain himself in school.
He is a man with the confidence for getting the proverbial honey out of the rock.


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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.

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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