Telecom
Mastercard Partners with Alerzo to Digitize SMEs in the Nigerian FMCG Space
Mastercard, a global leader in financial services, has joined forces with Alerzo, Nigeria’s leading technology service provider, to address the challenges faced by small and medium-sized enterprises (SMEs) in Nigeria’s Fast-Moving Consumer Goods (FMCG) sector.
L-R: Tania Kruger, Vice President, Product Development/SME Head, Eastern Europe Middle East & Africa (EEMEA), Mastercard; Folarin Alayande, Vice President, Business Development, Government, Mastercard; Adewale Opaleye, CEO, Alerzo & Harish Venkatesh, President & CFO, Alerzo at the Mastercard and Alerzo MOU signing event in Lagos on July 24, 2023.
This partnership aims to empower businesses by offering digital payment solutions, financial training, and access to credit, ultimately leading to increased sustainability and success in the market.
Alerzo’s expertise in B2B e-commerce and Mastercard’s global infrastructure and network will be leveraged to make digital payments more accessible to businesses of all sizes. Through this partnership, a range of innovative solutions will be offered, including VeedezPay, a digital payment solution designed for informal and small businesses, VeedezPro, a comprehensive business management tool tailored for SMEs and ERP solutions for more established businesses. Additionally, micro-lending services will be made available to businesses using the VeedezPay and VeedezPro solutions.
The lack of digitization has been a major obstacle for SMEs in Nigeria, hindering their ability to tap into new sales opportunities, track sales and inventory, and access credit to grow their businesses. With the Alerzo-Mastercard partnership, these challenges will be addressed through a comprehensive approach that aims to equip 1,000,000 SMEs in Nigeria with valuable knowledge and skills through financial training within the next 5 years. This effort will accelerate the adoption of digital payments and encourage the use of financial solutions nationwide.
Speaking on this partnership and providing support to small businesses, Adewale Opaleye, Chief Executive Officer of Alerzo Limited, said, “We’re excited to partner with Mastercard to support the growth and success of SMEs in Nigeria. With our combined expertise and resources, we look forward to continuing to provide training, financial support, and innovative payment solutions to businesses in Nigeria. These solutions could be a game-changer, especially for our informal retailers, who often get overlooked.”
“Nigerian small businesses have proved their resiliency in recent years, but still face many pressures to remain profitable. Through our partnership with Alerzo, we are excited to combine our expertise and resources to drive digital transformation and financial inclusion, providing training and solutions that enable Nigerian businesses to thrive,” said Ebehijie Momoh, Country Manager and Area Business Head, West Africa at Mastercard. Momoh further added, “This collaboration will play a crucial role in digitizing payments and supporting the growth and success of Nigerian businesses.”
SMEs and informal retailers will benefit from the low-cost acceptance solutions provided by the partnership, such as Tap on Phone, QR, Pay-By-Link, and Payment Gateway Service. Businesses can sign up for VeedezPay and VeedezPro, available for download on the App Store and Google Play, to start accepting digital and contactless payments immediately. Established businesses can inquire about the ERP solution, which offers integrated business management tools along with the above features.
Access to credit is crucial for businesses to grow, and the Alerzo-Mastercard partnership aims to address this need. Micro-lending solutions will be initially available to informal retailers through the Alerzoshop B2B commerce application, providing them with financial support to expand and take advantage of new opportunities.
The impact of this partnership extends beyond individual businesses. By empowering SMEs and informal retailers, millions of people who rely on their small businesses to support themselves and their families will experience positive changes.
Airtel Nigeria, telecom service provider, has announced that its AI-powered Spam Alert Service issued over 9.6 million spam alerts between March 13 and May 20, 2025.
As part of its ongoing commitment to protecting customers from unwanted and potentially fraudulent communications, Airtel designed the AI Spam Alert service to analyze traffic patterns and detect anomalies.
In the period since launch the AI pinpointed a total of 9,667,008 SMS as potential spam messages in the two months after its launch.
Of these, the system identified 528,080 on-net (Airtel-to-Airtel) and 9,138,928 off-net (from other networks) numbers as suspected spam messages, demonstrating the scale of the threat and Airtel’s advanced processing capability.
Airtel Nigeria is a subsidiary of Airtel Africa.
Commenting on this development, Dinesh Balsingh, CEO, Airtel Nigeria, restated Airtel`s commitment to protecting its customers.
“This milestone demonstrates the strength of our AI-driven infrastructure in combating the growing menace of spam and scam calls. At Airtel Nigeria, we are focused on connecting Nigerians and ensuring their safety and confidence while using our network.
“We understand that trust is the cornerstone of digital communication. That’s why we’ve invested heavily in intelligent systems that not only detect potential threats but also learn and evolve with data. As threats become more sophisticated, so will our solutions. As a company, we remain focused on leading the industry in innovation and customer satisfaction, ensuring that every Nigerian can enjoy a safer and smarter digital experience,” Mr. Balsingh said.
The Spam Alert Service is part of Airtel Nigeria’s broader strategy to integrate artificial intelligence into its core offerings to deliver smarter and safer experiences for its customers across the country.
Recall that the Spam Alert Service was launched on March 13, 2025. A groundbreaking and free solution from Airtel, it notifies users in real-time of suspected spam SMS messages by analyzing over 250 parameters.
The Airtel AI Spam Alert Service is available to all Airtel subscribers on smartphones and feature phones.
Vitel Wireless Limited, pioneer mobile virtual network operator (MVNO) in Nigeria has made another history by announcing the successful completion of interconnectivity with all major Mobile Network Operators (MNOs) in Nigeria.
Kenneth Nwabueze, Chairman and CEO of Vitel Wireless
Recall that Vitel Wireless, became the first Mobile Virtual Network Operator to receive a dedicated number series (0712) from the Nigerian Communications Commission (NCC).
This breakthrough enables Vitel Wireless subscribers to make and receive calls with users on MTN Nigeria, Airtel Nigeria, Globacom (Glo), and 9mobile Nigeria.
It also marks the first time an MVNO in the country has successfully interconnected with all the major MNOs, setting a new precedent for Nigeria’s telecom sector.
Following the NCC’s licensing of 46 MVNOs, Vitel Wireless continues to lead the way in establishing a dynamic MVNO sector in Nigeria—Africa’s largest market and most populous nation.
The company has already achieved several historic firsts: the first MVNO issued a numbering plan and national and international routing codes, the first to launch a location awareness network in Africa, and the first to unveil a strategic nationwide rollout plan.
“We are gathering momentum for our big launch,” said Kenneth Emeka Nwabueze, chairman and CEO of Vitel Wireless.
“We are proud to be showing what’s possible for MVNOs, while also creating a path for others to follow. By leveraging our years of experience in Nigeria’s telecom industry, we are opening up new possibilities where there used to be none.”
Interconnectivity was achieved through a combination of direct fiber connections with some MNOs and indirect routing via third-party providers.
This milestone was the result of a collaborative effort involving engineers from Vitel Wireless, Wireless Technology Labs (WTL), and Interconnect Clearinghouse Nigeria (ICN), working closely with engineers from MTN, Airtel, Glo, and 9mobile.
“We wish to thank the regulatory agency, the Nigerian Communications Commission, for their timely interventions and guidance, which were instrumental in achieving this interconnectivity and bringing the formal launch of the Vitel Wireless nationwide network one step closer to reality,” said Nwabueze.
The company entered a nationwide pilot phase in May 2025, with plans for a full rollout in July 2025, aiming to deliver next-generation mobile services to millions across Nigeria.
Layer3, One of Nigeria’s foremost ICT solutions providers, has once again solidified its place as a trailblazer in Africa’s technology landscape, emerging as the Enterprise Solutions Provider of the Year and Leadership Award in Cloud Services at the prestigious African Beacon of ICT Leadership and Awards held on May 24, 2025, at the Four Points by Sheraton, Lagos.
This year’s event brought together leading tech innovators, policymakers, and thought leaders to recognize organizations making extraordinary contributions to Africa’s digital transformation.
Among the many luminaries in attendance, Layer3 stood out for its 19+ years of consistent innovation, technical excellence, and client-centered service delivery.
Speaking at the event, the organizers praised Layer3’s pioneering work in delivering robust enterprise solutions across sectors, as well as its bold leadership in advancing cloud infrastructure and services across Nigeria and beyond.
“These awards are more than recognitions, they are a reminder of the fulfilment to our mission to deliver peace of mind to our customers,” said David Ita, the Head of Strategy and Business Development of Layer3.
“They speak to the impact we’ve made and the promise we hold for the future of the cloud and enterprise technology business in Africa. We dedicate this honor to our clients, partners, and the hardworking Layer3 team who continue to redefine excellence every day.”
Since its founding, Layer3 has championed a future-forward approach to ICT services offering cutting-edge solutions in enterprise networking, cybersecurity, broadband, cloud computing, managed services, and IT advisory. The company’s Layer3Cloud platform and managed service offerings continue to power the digital ambitions of Nigeria’s leading businesses.
These accolades underscore Layer3’s unwavering commitment to driving transformation and supporting digital economies through smart, secure, and scalable technology.
NDPC Probes Suspected Data Breach in Examination Centres
Airtel’s AI Spam Alert Flags 9.6m Spam Attempts
Vitel Wireless Completes Interconnectivity with all Major Telcos in Nigeria
Nigeria Approves $500m for AfDB’s Trust Fund Replenishment over Next 15 Years
Nigeria Among Hotspots as Kaspersky Warns of Rising Ransomware Threat in Africa
E-Business3 days agoNigeria Launches Cybercrime Team with Commonwealth, UK Support
Telecom3 days agoTelecom Subscribers Decline By 43m in One Year
Telecom3 days agoNCC Orders Telcos to Compensate Subscribers for Outages More than 24 Hours
E-Financial3 days agoSERAP Drags CBN to Court over Alleged Failure to Disclose LG Allocations
General News3 days agoHEDA Sues FG, Oil Giants over Alleged Unlawful Oil Licence Transfer
E-Financial2 days agoEFCC Recovers over N20Bn Stolen by Hackers from 6 Banks in Nigeria
Telecom2 days agoEngr. Ikechukwu Nnamani Receives Two Prestigious @ABoICT Awards
Telecom3 days agoIHS Nigeria, NSCDC Partner to Protect Telecoms Infrastructure