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Kendall Ananyi, CEO Tizeti Awards Scholarships to UNIBEN Electrical Engineering Graduating Class

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Kendall Ananyi, Chief Executive Officer of Tizeti, West Africa’s pioneer solar-based internet and voice service provider, has awarded a grant to the Class of 2021 of the Electrical and Electronics Engineering class at the University of Benin.

With this move, the company has reiterated its commitment to upskilling and providing professional opportunities to many Nigerian youths by paying all tuition fees for the best graduating students with Cumulative Grade Point Average (CGPA) of 3.5 and above.

The company will also provide internship opportunities, unique group experiences, and professional development opportunities to the top twenty students from the class that pass a remote aptitude test.

The initiative is part of the Tizeti #PayItForward Program, which supports brilliant graduating students at the Electrical and Electronics Engineering Department of African universities in its area of operation with the right skills and experiences for career growth in technology, while providing Tizeti with talented young graduates for the next phase of its growth across Africa.

Ananyi, in a statement on Thursday, said “As an alumnus of the University of Benin, I believe I have a responsibility to leave the door open and provide opportunities to students from my alma mater.

“Exactly 20 years ago, I was in that class having just acquired my 1st mobile phone at the launch of GSM in Nigeria, wondering what the future would hold and earnestly seeking opportunities to advance myself.

“With this move, we will build our front-line workforce by taking brilliant graduates with no experience and transforming them into job-ready, fully-qualified professionals in Information and Communications Technology, and provide them with scholarships and job opportunities to kickstart their careers”.

Taking advantage of Edo State’s fiber network, its youth population, and academic institutions, Tizeti launched 4G LTE broadband plans in the state, to support the digital transformation and youth empowerment drive of the Edo State Governor, Mr. Godwin Obaseki.

“We say a big thank you to the CEO of Tizeti Network, Kendall Ananyi for giving back to the Department of Electrical/Electronic Engineering at a time like this.

“It is indeed an honour and we sincerely appreciate you. The final year students were over the moon for your handiwork upon their lives, while the 400 Level students are warming up to get experience from your organization”, said the Head of Department, Electrical &Electronics Engineering, Prof (Mrs.) Patience Orukpe.

In his remarks, one of the beneficiaries of the scholarship, who is also Class Governor for the graduating class, Emmanuel Omozokpia, thanked Tizeti for the good gesture and for rewarding their hard work and sleepless nights.

“We are excited to see that hard work and academic diligence is now being rewarded in Nigeria. We thank Tizeti for inspiring us to be more hardworking, and the opportunities ahead of us”.

For many countries in Africa, there is still a significant digital divide. Tizeti is addressing this digital infrastructure deficit in Africa with innovative technology, talents, and capabilities, to improve development outcomes for millions of people, with better outcomes for employment, education, family, and social life, and access to information.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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MTN Nigeria to Issue N50Bn Commercial Paper

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MTN Nigeria has proposed issuing up to N50bn series 11 and 12 commercial paper notes to raise funding for its operations, according to the company’s notice to the Nigerian Exchange Limited.

MTN Nigeria to Issue N50Bn Commercial Paper

The notes issuance is under the company’s N250bn commercial paper issuance programme.

According to the statement signed by Uto Ukpanah, company secretary, the issuance is part of the company’s strategy to diversify its financing options with the funds being deployed towards short-term working capital requirements.

MTN Nigeria recently completed its series 10 commercial paper issuance under its upsized N250b commercial paper issuance programme.

Ukpanah, the telecom giant it sought to raise N72.1bn and the offer recorded 149 per cent subscription with N72.1bn issued.

The 266-day commercial paper was issued on 29 November 2023 at a yield of 16 per cent.

The CP issuance aligns with MTN Nigeria’s strategy of continuing to diversify its funding sources and reduce its average cost of debt. The proceeds will be applied to short-term working capital requirements.

Karl Toriola, chief executive officer, MTN Nigeria, said, “We are pleased with the support received from the investor community, having recorded a 149 per cent subscription from a broad range of investors. This reflects NTN Nigeria’s robust financial capacity, brand strength, and market leadership amidst the upward pressure on interest rates”

Stanbic IBTC Capital Limited played the role of Arranger and Dealer with ARM Securities Limited. Chapel Hill Denham Advisory Limited, Coronations Marchant Bank Limited, FCMB Capital Markets Limited, Quantum Zenith Capital &Investments Limited, Rand Marchant Bank Limited, and Vetiva Capital Management Limited played the role of Joint Dealers on the transaction.


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MTN Nigeria Receives Award for Contributions to Media Development

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MTN Nigeria has received a “Media Capacity Development Support Award” for its immense contributions towards the growth and development of media practitioners across Nigeria.

The award was presented by the Media Career Development Network, at its inaugural conference held at the University of Lagos on October 31, 2024.

Held at the Biodun Shobanjo Auditorium Centre for Excellence, the Media Career Development Conference saw the coming together of seasoned media practitioners who shared insights on opportunities for growth and career advancement in the ever-evolving digital landscape.

Executive Director of the Media Career Development Network, Lekan Otufodunrin noted that the conference aligns with the organization’s commitment to promoting media excellence and advancing the careers of media professionals in Nigeria.

Speaking on the award, Chief Corporate Services & Sustainability Officer, MTN Nigeria, Tobe Okigbo appreciated the Media Career Development Network for the initiative, while also affirming MTN’s commitment to supporting the media.

“On behalf of MTN, I’d like to extend gratitude to the network for the recognition.

“At MTN, we believe in investing in institutions that bring value to the society and this includes the media.

“Journalists and other media professionals play a crucial role in telling authentic stories and shaping the image of our nation globally.

“So we’re committed to helping them gain the requisite skills and exposure needed to thrive in their profession”, he stated.

MTN Nigeria has consistently shown dedication to training world-class media professionals in Nigeria, particularly through its Media Innovation Programme (MIP).

Since 2022, the ICT firm has partnered with Pan-Atlantic University to enable media practitioners across various platforms gain insight into the rapidly evolving media environment.

Convener and Executive Director of the Media Career Development Network, Lekan Otufodunrin acknowledged the impact of the telecommunications giant’s efforts in upskilling Nigerian media professionals.

“The 6-month Media Innovation Programme created by MTN in partnership with Pan-Atlantic University has afforded media practitioners in-depth training on the media space and even the opportunity to gain more insights in South Africa.

“We hope that MTN Nigeria will continue to champion this programme for the development of professionals”, he said.

The Media Capacity Development Support Award joins a long list of awards MTN Nigeria has received for its contributions towards institutions beyond the telecommunications sector and the general society.


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MobileCoreX Taps Wireless Technology Labs in Multi-Million Dollar Deal to Build New Mobile Core Network across Nigeria

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Wireless Technology Labs (WTL) today announced that it has been chosen by MobileCoreX Ltd (MCX), Nigeria’s premier Mobile Virtual Network Enabler (MVNE), to spearhead the development of the country’s first mobile virtual network in a landmark deal valued at millions of US dollars over the next three years. 

This initiative aims to enhance mobile connectivity for Nigeria’s 220+ million residents, addressing the current challenges of low broadband penetration and poor quality of service.

Nigeria’s telecom sector is predominantly dominated by four major operators—MTN, Airtel, Globacom, and 9Mobile – with only 29% of Nigerian’s 220+m population regularly accessing the mobile internet, (GSMA figures) due to poor coverage and a variety of other issues.

In Q2 of 2023, the Nigerian Communications Commission (NCC) adopted a new strategy to boost coverage and adoption, it issued 43 Mobile Virtual Network Operator (MVNO) licenses to amplify service coverage, particularly in unserved and underserved regions.

Amongst the licensee’s was MCX which obtained a tier 4 MVNE license aimed at constructing new mobile network infrastructure to provide capacity for emerging MVNOs as a platform as a service.

“Coverage, poor quality of service, costs and inflexible value propositions in Nigeria have persisted for too long.

“We are committed to leveraging innovative technology to create more competitive networks that reduce costs for consumers and provides value propositions that suite that needs,” stated Mr. Habib Ahmed, CEO of MCX.

He emphasized WTL’s pivotal role in delivering the carrier-grade core systems required for a comprehensive suite of mobile services, encompassing voice, data, and value-added features to meet the diverse needs of MVNO clients.

WTL, headquartered in Belgium, with over 20 years of experience, has been active in Nigeria and across Africa, working with operators of all sizes to rollout both urban and rural networks, work which has garnered it widespread recognition and industry awards.

The company has already partnered with two of the 43 new MVNOs licensed by the NCC, showcasing its commitment to enhancing telecom infrastructure in the region.

Mr. Satya Mekala, CEO of WTL “This partnership is about empowering a new entrant to make significant impact in the telecom market.

“We are committed to supporting MCX in its journey from a newcomer to a major player in the industry.

“Our advanced Core systems will ensure that MCX can offer reliable, scalable, and innovative mobile services from day one”.

As the telecom industry in Nigeria undergoes transformative changes, this collaboration signals a promising future for mobile connectivity and digital adoption in the country.

WTL will be showcasing its capabilities at upcoming events including MVNO Nation 2024 in Valencia, 6-8 November and The Africa Tech Festival in Cape Town, 12-14 November, further reinforcing its commitment to driving digital adoption across the continent and the globe.

To learn more about how WTL can help with the rollout of MVNO/E urban and rural networks in Africa, please email [email protected]


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