Telecom
ICT Experts Harp On The Critical State Of Infrastructure Needs In Nigeria

Panelists at the just concluded NITRA ICT Growth Conference 2.0, have emphasized the need for an urgent review of Nigeria’s state of infrastructure so as to position the country to massively reap the benefits of a digital economy as obtained in some developed nations of the world.
Themed ‘Creating a Digital Ecosystem in Nigeria: The Hurdles, The Gains,’ the panelists drawn from both the public and private sector establishments, were of the consensus that infrastructure provisioning remained Nigeria’s surest pathway to building a robust digital economy.
At a second panel session during proceedings at the NITRA flagship technology conference held at the Oriental Hotel, Lekki Lagos, and moderated by Mr. Peter Oluka, Editor of TechEconomy.ng, the panelists agreed that efforts at building Nigeria’s digital economy cannot yield the much-desired fruit unless there is sustained commitment on the part of the government to prioritise the provision of infrastructure.
Seyi Olarenwaju, CFO of Medallion Data Centre said infrastructure is going to play a vital role in enhancing digital systems in Nigeria’s digital ecosystem, noting that “if there is no infrastructure in place, there is nothing.”
He stated that since governance has now been replaced by electioneering campaigns in preparation for the 2023 general election, the incoming administration should be focused, identify a particular infrastructure, and fix it, and expressed the hope that if in this regard, power is given priority attention, a lot of things will follow suit.
Kelechukwu Nsofor of Rack Centre, a carrier-neutral Tier III data centre who spoke from a data centre provider’s perspective, said power is the key infrastructure that drives a data centre business, describing it as basically the livewire of any data centre.
According to Nsofor, “The key infrastructure that we rely on is power. Power is basically the livewire of any data centre. Unfortunately, if you go back to 1999 since we started the current democratic dispensation in the country, what has been the installed capacity in terms of power? 20 years down the line, where are we today in terms of power?
“At a point, we were generating 1600MW, today, it’s still hovering around 3000MW. Where does that leave us as an economy of over 200 million people? So, if you look at the population growth rate and try to compare it with what we are growing in terms of power, you see that there’s a total disconnect.”
He said that Nigeria is blessed with a rich reservoir of policies and knowledge expertise but expressed worries that this has not been translated to results in the country’s power industry.
“Now, tying that to Rack Centre and indeed the data centre space, we have been generating our own power in the last nine years that we have been operating. And we’ve been fully in control of generating that power now. As we look to expand, we are also looking at ways where we can continue to generate power or do it more cost-effectively.
“We would like a situation where the government will actually stop the lip service that goes into infrastructure like power and actually start showing serious commitment by playing a major role in the provisioning of power infrastructure,” he said.
Noting that the digital economy is all about using the internet basically to push economic activities, Nsofor stated that what is critical even with the efforts at bringing in foreign direct investment, all the marine cables sitting on the coast of Lagos, is how to work with the private sector and knowledge experts basically on how to get things like multiple taxations and right of way out of the road.
“Operators can now push that capacity where it is actually needed. This will help us increase internet penetration, increase the digital economy growth, and push the economy forward,” he concluded.
In his contribution to the discourse, Babalola Olalekan of Phase 3 Telecoms admitted that the government was doing enough to provide infrastructure but stated that there was a need for stronger synergy between the government and service providers.
“There was a document released last year called Strategic Roadmap/Action Plan: A four-year plan 2021-2024. The key performance indices released in that document classified infrastructure in such categories as soft, service and hardware.
“When you look at the hardware infrastructure, we talk about how far we’ve gone in hardware infrastructure deployments like fibre cables. We talk of active devices and so on and so forth. But there’s something the government has put in place especially at the federal level by cutting down right-of-way charges all over the federation.
“Another area we have taken advantage of is the concession plan we call public-private partnership (PPP), where I expect the operators and players to key into and take advantage of our existing infrastructure, and opportunities.
“Another thing I will encourage we should be doing is a collaboration among players. All of us can only fight about a particular position or location. We can join hands on how to collaborate, leverage each other, and supply as a single network.
“So, I think the government is doing enough with policies. The onus is on us to tap into it, put more pressure on the government and be more up and doing in our collaborative efforts and take advantage of what is available to us through the government,” Olalekan said.
He said that going into the 2023 election, the most important thing to be focused on is security, stating that operators have many works to do out there in the field yet, they find it difficult to restore the network in the shortest possible time. “So, whatever government can do to make sure that our roads, our villages, our towns are secured, we will surely have a good general election.”
Chidi Okpala of Galaxy Backbone, in his intervention, acknowledged the fact that government understands the importance of infrastructure in growing the country’s digital economy, noting that one of the things the current administration holds dear to its heart, is infrastructure.
“Have they done all the things expected of them as government? Maybe not. But have they made some efforts in bridging the infrastructure gap? The answer is yes. But there is a whole lot of learning, a whole lot of training in trying to create that awareness, into fully understanding how this impacts the day-to-day living of everyone.
“As an organisation, what we are trying to do is to bridge that gap of understanding especially, people in leadership level in government; to let them understand this is what this infrastructure stands for, this is what it is all about. It is not just for sending emails but how it affects your life, your family, and the work that you do.
“We have done quite a lot together with some of the other organisations within the information technology space in the public sector. We are still doing a lot to raise that awareness of what this infrastructure means so that people can understand more and collaborate more.
“Collaboration is the key, talking about the benefits and not dwelling more on talking about the problems because sometimes when we do that, we cloud ourselves of the opportunities around us,” he said.
Okpala expressed the need for policymakers to be much more intentional about what the country is doing, how it the affects everyone, and how the efforts at building the country’s digital economy can be sustained.
The session, which was anchored by the Editor of TechEconomy, Mr. Peter Oluka, was unanimous with its position that infrastructure is the bedrock of ICT development and global competitiveness in Nigeria.
Telecom
MTN Nigeria Unveils CPaaS Platform to Transform Business Communication

At the recently concluded NextNow Business Forum in Victoria Island, MTN Nigeria electrified the business community with a live demonstration of its forthcoming Communication Platform as a Service (CPaaS), a solution engineered to redefine how Nigerian enterprises connect with their customers.
Unlike traditional communication systems, MTN’s CPaaS is built for the realities of a mobile-first market. The platform unifies SMS, voice, WhatsApp, email, and more into a single, intuitive interface. This approach is especially significant in Nigeria, with over 107 million internet users, 45.4% of the total population, according to Data Report. This figure underscores the necessity for businesses to meet customers where they are.
During the demo, attendees witnessed how CPaaS enables two-way, real-time conversations between brands and customers. The platform’s support for rich media, instant analytics, and seamless integration with business workflows drew particular attention. These features are designed to empower businesses with data-driven insights and the agility to personalise every interaction, whether it’s a service notification, marketing campaign, or customer support exchange.
Akinbulejo Onabolu, Head of Enterprise Segment at MTN Nigeria, articulated the vision: “CPaaS gives enterprises the flexibility to interact with their customers on their preferred platforms; whether it’s chat, voice, or messaging, in a way that feels personal and immediate. We’re looking forward to the value this will unlock for businesses across industries once it launches.”
The fireside chat added depth to the conversation, with Omowunmi Olatunbosun, Head of SME Segment at MTN Nigeria, and Stephen Agbi of Bayobab, highlighting how digital engagement bridges the gap between businesses and audiences.
They emphasised that today’s consumers demand immediacy, relevance, and ease, qualities that CPaaS is built to deliver.
The stakes for digital transformation in Nigeria are high. In a report by Punch, the country’s enterprise tech market is projected to reach $22 billion by 2027, reflecting a surge in demand for scalable, cloud-based solutions that drive efficiency and customer loyalty.
The CPAAS Acceleration Alliance have estimated that globally, the CPaaS market is expected to grow from $14.7 billion in 2025 to $72.4 billion by 2035, at a compound annual growth rate of 18.4%, a testament to the platform’s transformative potential.
The event’s closing keynote from META’s Korhan Yunak reinforced the strategic value of digital channels like WhatsApp, which are now indispensable for business communication and engagement at scale.
As MTN Nigeria prepares for the Q3 2025 launch, the anticipation is unmistakable. With its promise of flexibility, intelligence, and seamless integration, MTN’s CPaaS platform is set to become the backbone of next-generation business-customer engagement in Nigeria, enabling enterprises to not just communicate but to connect, adapt, and grow in a digital-first era.
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
Netflix Expands European Presence with €1 Billion Investment in Spain

Netflix has announced plans to invest more than €1 billion in Spanish film and television productions over the next four years, reinforcing its commitment to Spain as a key creative hub in Europe.
The announcement was made by co-chief executive Ted Sarandos at an event held at Netflix’s production studios near Madrid, celebrating the company’s 10-year presence in the country.
Sarandos emphasized that the investment would contribute significantly to Spain’s economy, create jobs, and enable the streaming platform to produce more local content. He was joined by Spanish Prime Minister Pedro Sánchez in unveiling the initiative.
Netflix first established its international production studios in Madrid in 2019, following the success of the Spanish-language hit series Money Heist.
Since then, its 22,000-square-meter facility has become one of Netflix’s major production centers within the European Union.
The company currently supports over 20,000 jobs in Spain, highlighting the nation’s growing influence in global entertainment.
The investment reflects Netflix’s ongoing strategy to expand its presence in European markets through original content and local talent.
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