Telecom
Mastercard Partners JAN to Empower Next Generation of Digital Entrepreneurs

Mastercard has partnered with Junior Achievement Nigeria (JAN) to help bridge the digital and financial literacy gap amongst school students and young adults in Nigeria.
Through a series of programs, the students will be equipped with essential skills to prepare them for future success as digital entrepreneurs.
JAN is part of Junior Achievement Worldwide, the world’s oldest and largest non-profit economic education organization operating in 120 countries.
The partnership forms part of Mastercard’s global commitments to connect 25 million women entrepreneurs to the digital economy, reach 50 million small businesses and financially include 1 billion people in the next five years.
Leveraging the expertise of Mastercard employee volunteers, the partnership with JAN will inspire young adults across Nigeria through three unique activations:
Mastercard Girls4Tech Program: An inquiry-based STEM (Science, Technology, Engineering and Math) program, Girls4Tech inspires young girls to build the skills they need in STEM to become problem solvers and the leaders of tomorrow, thereby expanding the employment pool for women STEM professionals in the future. The program incorporates Mastercard’s deep expertise in payments technology and innovation, and includes topics such as algorithms, digital convergence and cryptology.
Mentoring participants of the JA Company Program: JA Company Program teaches senior secondary level students how to start and run their own business, develop a product or service, and market their brand. Mastercard employees will volunteer as mentors to the six finalist teams (companies) who emerged from JAN’s Virtual Company of the Year competition, by helping them refine their business proposals as they compete for the National Company of the Year Award.
Digital Payments Literacy Webinar: Together, Mastercard and JAN will educate over 200 young adults on the future of payments in Nigeria. Participants will range from senior secondary students to National Youth Service Corps (NYSC) members. This session will enlighten the next generation on their role in building and driving the digital economy through technology.
The partnership will also see the first Junior Achievement – Mastercard prize awarded to the most outstanding student company during the virtual edition of the National Company of the Year (NCOY) competition.
Ifeoma Dozie, director, Marketing and Communications, Sub-Saharan Africa at Mastercard, said, “Creating inclusive, equal opportunities is a key priority for Mastercard.”
“Through this partnership with Junior Achievement Nigeria, we are able to broaden our commitment to Nigeria’s next generation of women leaders and young entrepreneurs.
“By encouraging students to embrace subjects and mentoring them through challenges that will prepare them to be part of tomorrow’s workforce, we are collaborating to develop a talented supply of skilled professionals to aid the country’s future economy.”
While commenting on the partnership, Oduolayinka Osunloye, director of Marketing and Innovation, Junior Achievement Nigeria, expressed her gratitude to Mastercard adding that the partnership is a huge step in achieving JAN’s vision of developing 1 million digital entrepreneurs over the next five years.
“We are very pleased to be partnering with Mastercard to develop young digital entrepreneurs.
“It took us 20 years to reach our first million students but with technology and the support of organizations like Mastercard, we are determined to equip and empower another million digital entrepreneurs over the next five years.
“We are certain our efforts will help our beneficiaries own their economic future, as JAN is committed, more than ever to build conscientious business leaders leading a vibrant economy.”
JAN has built a record of accomplishment over the past 20 years by delivering high quality entrepreneurial, financial literacy and work readiness programs to secondary school students and out-of-school youths across Nigeria and recently hit a major milestone of one million students reach.
Telecom
Reps Approve NCC’s N479.508Bn Budget for 2026

House of Representatives, during Tuesday’s plenary, approved the sum of N479.508 billion budget for the Nigerian Communications Commission (NCC) for the 2026 fiscal year.

The resolution was passed after the clause-by-clause consideration of the report at the Committee of Supply.
While giving synopsis of the report, Peter Akpatason, chairman, House Committee on Communications, explained that the total sum of N479,508,260,000 is to be issued from the Statutory Revenue Fund of the Nigerian Communications Commission.
Out of the issued sum, N124,440,652,000 is meant for Recurrent Expenditure; N26,779,045,000 is for Capital Expenditure; N32,011,492,000 is for Special Projects, while the sum of N20 billion is for Transfer to Universal Service Provision Fund (USPF), N276,277,071,000 is for Transfer to Federal Government for the financial year ending 31st December, 2026.
Telecom
NCAN Commends NCC for Mandating Telcos to Compensate Subscribers for Poor Services

National Consumers Advocacy Network (NCAN), a consumer advocacy group focused on protecting the rights of consumers, has commended the Nigerian Communications Commission (NCC),for introducing a policy compelling telecom operators to compensate subscribers for poor network service.

In a statement issued on Tuesday and signed by Dr Tobi Olanrewaju, its president, the group described the directive as a bold and consumer-focused intervention.
The group noted that the move, which has already seen major telecom operators begin compensating subscribers with airtime credits, marks a shift from what it described as regulatory leniency to measurable accountability.
“For years, Nigerian telecom subscribers have endured suboptimal service quality with little or no consequence for operators,” the statement read.
“What we are witnessing under Dr Aminu Maida is a clear assertion that regulatory oversight must translate into tangible benefits for consumers. This is not merely about compensation; it is about restoring trust in the system.”
According to Olanrewaju, the policy’s provision for automatic compensation without requiring subscribers to lodge complaints demonstrates a strong understanding of the challenges faced by many Nigerians.
“This intervention acknowledges a fundamental principle that the burden of service failure should not rest on the consumer,” he said.
He added that linking compensation directly to actual service disruptions at the local level sets a new standard in regulatory practice.
The group also praised the Commission’s decision to monitor service quality at the Local Government Area level, describing it as a step towards capturing real user experiences rather than relying on general national data.
Olanrewaju further commended the Commission’s simultaneous push for telecom operators to invest in network upgrades, noting that the approach addresses both immediate and long-term concerns.
“While consumers receive immediate value for past deficiencies, the root causes of poor service are being systematically addressed,” he said.
The advocacy group urged telecom operators to embrace the directive as an opportunity to rebuild consumer trust and improve service delivery.
It also called on other regulatory agencies to adopt similar people-centred approaches in tackling systemic challenges across sectors.
“Dr Maida has demonstrated that regulation, when properly executed, can serve as a powerful tool for social and economic justice,” Olanrewaju added.
The group reaffirmed its support for the Commission’s ongoing reforms and called for sustained collaboration between regulators, operators, and consumers.
It added that the true success of the policy would be measured by lasting improvements in network performance across the country.
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.
E-Financial2 days agoTax Ombudsman Sets 30-Day Limit for Settlement of Tax Disputes
News2 days agoStakeholders Applaud NiRA’s Leadership in Strengthening Nigeria’s Internet Infrastructure
Broadcasting2 days agoDavid Ogbueli and Unseen Architecture of Global Transformation
E-Business2 days agoNDPC Warns of Offshore Data Risks as 90 Percent of Country’s Data is Hosted Abroad
General News2 days agoUBA Debunks Viral Divorce Claim against Elumelus, Suspects in Custody
E-Financial2 days agoAccess Bank Warns Nigerians against Fake WhatsApp Investment Groups using Aig-Imoukhuede’s Identity
E-Business1 day agoFirm Spots Rising Scam Activity Around the 2026 World Cup, from Bogus Tickets to $500,000 “grant” Emails
General News2 days agoNITDA Partners Galaxy Backbone to Deliver Subsidised Cloud Services to Startups



















