Telecom
Konga Yakata 2022 hots up for December 12 finale

Excitement has heightened among shoppers as this year’s edition of Konga Yakata approaches its climax on Monday, December 12, 2022, amid expectations of a rain of last-minute deals for customers.

Konga Yakata, the Black Friday sale of Nigeria’s leading composite e-commerce giant, is widely regarded as the biggest sale of the year in the annual shopping calendar in Nigeria.
Feelers from within Konga indicate that the management of the company has put together a campaign-ending range of special offers as the countdown begins to the end of the promotion on December 12.
This comes against the backdrop of requests from some quarters for an extension to the end-date of Konga Yakata 2022 to accommodate customers who often commence their festive season shopping late.
However, sources at Konga are optimistic that while there may not be an extension in date, shoppers would be compensated with more juicy deals, discounts and offers across major product categories in the days leading to the end of the promotion.
‘‘We, therefore, expect to see increased shopping activity from this week, especially as salary earners get paid and many of them prepare to intensify their festive season shopping and with an eye on good prices, while looking to avoid the usual rush that accompanies the period,’’ disclosed Chief Executive Officer (CEO), Konga Group, Prince Nnamdi Ekeh.
‘‘Trends-wise, we have regularly seen a situation where customers leave their shopping till the last minute, even at the risk of missing out. But we understand that this time, factors such as the current global economic situation, which Nigeria and Nigerians are not immune to, may have played a part.
“Consequently, we have decided to make available some extra juicy offers for the last two weeks of Konga Yakata as a gesture for last-minute shoppers,’’ Prince Ekeh stated.
The 2022 edition of Konga Yakata, a much-anticipated month-long shopping fiesta, which kicked off on Friday November 11 and will run through Monday, December 12, 2022, has witnessed a feast of sorts for customers of Konga.
In addition to the deluge of massive discounts on a wide range of products, shoppers have equally been treated to many other mouthwatering incentives such as Treasure Hunts, Flash Sales, Happy Hour Deals, bundled offers and an assortment of Black Friday packages including Budget Store, 10k Bar Shop, 6k Gadgets, Weekend Spree and much more.
Meanwhile, facts on ground have also revealed that shoppers have also defied the prevailing difficulties in the local economy by finding ways to continue shopping, despite the current economic downturn, through targeting high-value deals on Konga Yakata.
As a result, shoppers on Konga have bucked the trend, particularly those presented by analysts and market watchers predicting that more people are expected to drastically cut down on spending due to inflation. Investigations reveal that rather than shy away from shopping, Nigerians have instead chosen to rely on Konga Yakata to shop smarter by targeting value-adding deals.
The development has resulted in a surprising rise in traffic and shopping sessions on www.konga.com within the first 12 days of the campaign as bargain-hungry Nigerians scramble for special offers and best-priced deals at Konga.
The spill-over effect has also extended to Konga’s physical stores located across Nigeria, with increased foot traffic recorded in major sites including Lagos, Abuja, Port Harcourt, Kano, Owerri, Enugu, Uyo and Warri, among others backed up by a surge in retail sales.
The curtains will fall on this year’s edition of Konga Yakata on Monday, December 12, 2022.
Telecom
Telcos Recover N2 Trillion following Crackdown on Indebted Subscribers

Telecommunications operators in Nigeria have reportedly recovered over N2 trillion from subscribers in a sweeping debt recovery campaign that has left millions unable to make calls due to unpaid airtime and data loans.

The aggressive enforcement follows new compliance requirements introduced by the Federal Competition and Consumer Protection Commission (FCCPC), which telecom operators reportedly failed to meet, according to The News Chronicle.
This led to the suspension of airtime and data lending services and triggered a nationwide push to recover outstanding debts.
As part of the measures, indebted subscribers have had their lines restricted from making calls until their loans are fully repaid.
The move has disrupted daily life across Nigeria, particularly for small business owners and workers who depend heavily on mobile connectivity.
The lending service, valued at over N400 billion annually, has long served as a financial lifeline for many Nigerians, especially those without access to formal credit systems.
However, its sudden suspension has forced users to seek alternative means to clear their debts or abandon their lines altogether.
Meanwhile, a legal dispute involving Nairtime Nigeria Limited has added another layer of complexity.
A Federal High Court in Abuja recently ordered MTN Nigeria and Airtel Nigeria to maintain access to key telecom infrastructure, including USSD and SMS services linked to the platform.
Despite the court’s interim injunction, lending services tied to the platform remain unavailable, indicating ongoing tensions between telecom providers, regulators, and fintech firms.
Industry stakeholders warn that the disruption highlights deeper challenges within Nigeria’s digital economy, where telecom infrastructure increasingly supports financial services.
Millions of users who rely on airtime and data borrowing remain disconnected, caught between regulatory policies, corporate disputes, and the need for affordable communication.
As pressure mounts, both regulators and telecom operators are expected to seek a resolution that balances consumer protection with uninterrupted access to essential digital services.
Telecom
Organized Criminals Plunder Telecom Infrastructure across Nigeria, Cause Service Disruptions

Theft and vandalism of critical infrastructure have reached crisis levels in Nigeria, as hundreds of generators and batteries are being stolen from base stations across the country.

Vandals and criminal gangs target power-related assets and cables, creating significant operational damage, with over 50,000 cases reported over five years, leading to network shutdowns.
A newly released data from the Nigerian Communications Commission (NCC) showed that 656 critical power assets were stolen from telecom sites across the country in 2025 alone.
According to the NCC data, a total of 152 generators and 504 batteries were stolen within the year, raising fresh concerns about network reliability and quality of service.
The infrastructure theft debacle is not limited to generators and batteries alone as rampant cases of cables and diesel thefts are also reported.
This vandalism causes massive disruptions in electricity and connectivity, resulting in significant financial losses and hindered business operations nationwide.
Hardest Hit States are; Delta, Rivers, Cross Rivers, Akwa Ibom, Ogun, Ondo, Edo, Lagos, Kogi, FCT, Kaduna, Niger, Osun, and Kwara.
Operators like MTN Nigeria said it spent over N1 billion on security and repair in 2025 due to 9,218 fiber cuts.
Telecom
MTN Nigeria Remits N878.7Bn Taxes, Levies in 2025

MTN Nigeria Communications Plc has reported a total remittance of N878.7bn in taxes, levies, and duties for the 2025 financial year, representing a 15 per cent increase from the prior year and underscoring its significant contribution to government revenue and national development.

The disclosure was contained in the company’s 2025 Sustainability Report, released on Monday, which highlights sustained progress across environmental, social, and governance (ESG) metrics, alongside continued investment in network expansion, social impact, and responsible business practices.
The telecoms operator said the increase in fiscal contributions reflects its expanding operations and commitment to regulatory compliance, even as it navigates a dynamic macroeconomic environment.
The report also marks MTN Nigeria’s seventh consecutive sustainability publication and its third year of voluntary adoption of the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards, ahead of mandatory compliance timelines.
Karl Toriola, chief executive officer, described the report as evidence of “decisive action and measurable progress,” noting that sustainability remains central to the company’s long-term value creation strategy.
According to him, MTN Nigeria continues to integrate ESG principles into its core operations to drive growth, manage risk, and unlock new opportunities.
Beyond its tax contributions, the company recorded notable environmental milestones, including a 6.4 per cent reduction in Scope 1 and 2 greenhouse gas emissions relative to its 2021 baseline.
It also secured a ‘B-’ rating for climate change and ‘C’ for water security from the Carbon Disclosure Project (CDP), while over a third of its top suppliers by spend have committed to its net-zero ambitions.
On the social front, MTN Nigeria expanded its network coverage to 93.7 per cent of the population, improving connectivity nationwide.
Female representation within its workforce rose to 43.4 per cent, while N2.7bn was invested in corporate social investment initiatives, impacting more than 534,000 individuals.
The company also launched its “Help Children Be Children” programme to promote child online safety and awareness.
In terms of governance and business performance, MTN Nigeria reported a Reputation Index of 80.2 per cent, exceeding its benchmark, and achieved a sustainability rating of 3.7 out of 4.0 from ESG rating firm Risk Insights.
The firm further strengthened local economic participation by directing 62 per cent of its procurement spend to domestic suppliers, an increase from the previous year.
Tobechukwu Okigbo, chief Corporate Services and Sustainability Officer, said the company remains focused on delivering measurable, positive outcomes across its operations.
He noted that MTN Nigeria conducted a comprehensive “True Value Assessment” covering its economic, social, and environmental impacts between 2021 and 2024, alongside a double materiality assessment to better align its strategy with stakeholder priorities.
Okigbo added that the company also hosted its inaugural “Facts Behind the Sustainability Report” session at the Nigerian Exchange Limited (NGX), aimed at enhancing transparency and stakeholder engagement.
MTN Nigeria said it will continue to prioritise sustainable innovation, inclusion, and governance excellence, reiterating its commitment to ensuring broader access to the benefits of a modern, connected life while delivering long-term value to shareholders and society.
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