Telecom
MTN Foundation holds 2024 Scholarship Awards Ceremony in Lagos
Following the completion of its award ceremony in Enugu and Abuja, MTN Foundation has hosted the final ceremony in Lagos, awarding over 1000 students with scholarships and grants.
The Scholarship is an annual programme under the Foundation’s Youth Development portfolio, that recognizes and rewards high-performing students in Science, Technology, Engineering and Mathematics (STEM) courses, and Blind students in Nigerian public tertiary institutions.
The Top 10 scoring candidates of the Unified Matriculation Examination (UTME) also benefit from this programme.
In attendance was the Hon. Olatubosun Alake, the Honorable Commissioner of Innovation, Science & Technology in Lagos State; Mr Mobolaji Ogunlende, Honorable Commissioner of Youth and Social Development in Lagos State; Dr Ogun Ayoteju, Deputy Director, Nigeria Universities Commission; Dr Benedictus Adekunle Adebiyi, Registrar, Federal College of Education (Special), Oyo State, Nigeria; Mr Ganiyu Oke Saliu, Registrar, University of Ibadan; Mrs. Babara Wey, Chairman, Anglo-Nigerian Welfare Association for the Blind (ANWAB) and a host of other notable dignitaries.
Speaking at the event, Registrar, University of Ibadan, Mr Ganiyu Oke Saliu applauded the Foundation for its efforts in the education sector.
He said “MTN’s commitment to empowering Nigeria’s youth is commendable. The Foundation’s scholarship program has positively impacted numerous students at the University of Ibadan, and we’re grateful for their support.
“Their reach extends beyond tertiary institutions to secondary schools, including my alma mater in Ikare, Ondo State, where they’ve generously donated essential infrastructure such as seats, lockers and laboratories.
“I congratulate today’s scholars and thank MTN for their unwavering dedication to Nigeria’s future”.
Expressing his support, Hon. Mobolaji Ogunlende, the Lagos State Commissioner for Youth and Social Development, emphasized the importance of the private sector’s commitment to nation-building and the Lagos State government’s dedication to quality education.
“In Lagos State, we have the ‘THEMES PLUS’ agenda, which represents an intensified focus in Governor Sanwo-Olu’s administration.
“The acronym stands for Transportation and Traffic Management; Health and Environment; Education and Technology Making Lagos State a 21st Century Megacity; Entertainment and Tourism; and Security and Governance.
“We added the ‘PLUS’ to incorporate Social Inclusion, Gender Equality, and Youth Empowerment. Everything we are doing here today is part of our agenda in Lagos State. I appreciate the directors of the MTN Foundation for their efforts.
“My presence here today is a testament to our administration’s recognition of MTN’s contributions. I congratulate the scholars here today and thank MTN for being a partner in progress,” he stated.
In his remarks, Dennis Okoro, the Director of the MTN Foundation, reflected on the foundation’s impactful journey over the years. “For 20 years, MTN has been committed to fostering the well-being of the communities we operate in.
“As a testament to our dedication to corporate social responsibility, MTN is the only corporate organization in Nigeria that has an autonomous board heading its foundation and consistently drives the foundation’s initiatives with 1% of its annual after-tax profits.
“Our commitment to these deserving scholars goes beyond financial support, as we also encourage them to acquire professional certifications and acquire valuable skills during the duration of their scholarship,” he said.
The scholarships were officially presented to the recipients during the award ceremony in Lagos. Increasing the impact of this year’s award ceremony was the commitment of Women at Y’ello (W@Y), to sponsor the education of 12 scholars who are in their final year. Women at Y’ello (W@Y) is an initiative that unites all female employees of MTN Nigeria, fostering a supportive community and empowering women across the organization.
The newly awarded scholars will each enjoy a scholarship grant worth N300,000 annually till graduation as long as they maintain the required Cumulative Grade Point Average (CGPA).
The scholarship covers tuition, book allowance and stipend. To date, MTN Foundation has awarded scholarships valued at over 2.5 billion naira to Nigerian students.
Airtel Africa reported a profit after tax of $376 million for the half year ended September 30, 2025 as compared to $79 million in the corresponding period last fiscal, benefitting from a $90 million gain largely arising from Nigerian naira appreciation during the current quarter (Q2’26) and the Central African franc (CFA) appreciation during the previous quarter (Q1’26).
Revenues at $2,982 million for the reported period saw strong growth as compared to $2,370 million in the six months of the last fiscal, rising 24.5% in constant currency and 25.8% in reported currency.
The company said constant currency revenue growth reflects the consistent execution of its strategy, supported by tariff adjustments in Nigeria and continued strong growth momentum in Francophone Africa.
“Our strategy has been focussed on providing a superior customer experience and the strength of these results is testament to the initiatives that we have been implementing across the business,” Sunil Taldar, chief executive officer of the company said in a statement.
He said the company has been scaling the network to build additional capacity to facilitate the rise in both digital and financial inclusion.
“The increase in smartphone penetration to 46.8% reflects the substantial demand for data services across our markets but also highlights the scale of the opportunity to further develop the digital economy,” Taldar said.
Capex for the period stood at $318 million. “We have increased our capex guidance for FY’26 to between $875m and $900m – from ‘between $725 million and $750 million’.
This reflects our decision to accelerate our ability to capitalise on the significant growth opportunity that is available across the region, as is reflected by these strong H1’26 results,” the company said.
During the period, the company continued investments in network with the rollout of over 2,350 new sites to over 38,300 sites and an expansion of its fibre network by approx. 4,000 kms to over 81,000 kms.
Vitel Wireless Limited, a GSM second level operator, licensed by the Nigerian Communications Commission (NCC) is set to begin nationwide operations on October 30.
Kenneth Nwabueze, Chairman and CEO of Vitel Wireless
Themed “Blue is Here,” the launch event will unveil E-SIMs, physical SIMs, and smart connectivity solutions for individuals and businesses
With the tagline “Everything Connected,” Vitel aims to redefine communication in Nigeria through innovation, speed, and trust.
In a statement earlier, Vitel Wireless, said it combines reliability with innovation, leveraging cutting-edge technology to deliver seamless connectivity and intelligent solutions across the country.
“The company’s services go beyond communication — they integrate safety, mobility, and smart systems to enhance how individuals, businesses, and communities connect,” the statement reads.
According to Engr Kenneth Nwabueze, executive chairman, Vitel Wireless, at the heart of the telco’s mission is a bold vision to redefine mobile communication through technology that not only connects people but also protects them.
He highlighted the features saying the device is embedded with IoT-driven devices, smart logistics solutions and AI-powered safety analytics.
“Vitel Wireless is more than a telecom brand — it’s a movement toward a smarter, safer, and more connected Nigeria. Our goal is to bridge technology and humanity, using mobile innovation to improve lives, empower businesses, and strengthen national security,” Engr. Nwabueze said.
He stated that the Vitel Wireless team has interconnected with all major Mobile Network Operators (MNOs) in Nigeria, including MTN, Airtel, and Glo, and has a roaming agreement with MTN for nationwide rollout, extending Vitel Wireless coverage as one of the largest networks in Nigeria.
“Vitel Wireless has partnered with NCC and various law enforcement agencies to define and support key regulatory frameworks that now govern the nation’s telecom space in personal and public safety,” he said.
He added that the value added service includes Xphone -free phone calls and low international calling rates, SecureMe -location awareness solution for personal safety, Oga-App -employment enhancement and performance tool, ISEEYOU -AI-based CCTV with real-time alerts, AssetNow -LBS/GPS-based asset tracker, and many more.
“Vitel Wireless’s nationwide rollout signals a new era for the telecom industry — one where connectivity meets intelligence, and technology serves both purpose and people,” Nwabueze added.
MTN Nigeria Communications Plc, in collaboration with the Worldwide Fund for Nature (WWF) through the Nigerian Conservation Foundation (NCF), and the United Nations Development Programme (UNDP) Nigeria, has announced the shortlist of 100 young Nigerian innovators for the second phase of the 2025 Nigeria PachiPanda Challenge.
The initiative, launched in 2024, is aimed at fostering home-grown solutions to Nigeria’s most pressing environmental challenges, including climate change, pollution, community conservation, and sustainability.
According to a joint statement by the organisers, the top 100 were selected from a pool of 2,169 applications received nationwide. The selection process involved a rigorous multi-stage evaluation conducted by 20 expert assessors, guided by a robust framework to ensure fairness and consistency.
“The shortlisted innovators represent the brightest minds committed to environmental resilience,” the statement read. “Their solutions span high-impact sectors and are designed to address both national and continental environmental issues.”
The PachiPanda programme offers participants access to mentorship, technical workshops, seed funding, and a network of industry experts. The next phase will see a further evaluation to determine the Top 10 finalists, who will be unveiled ahead of a three-day sprint pitch and masterclass event scheduled for November 2025 in Lagos.
During the event, finalists will undergo intensive training to refine their business strategies and enhance their solutions for broader impact. Winners of the Nigeria PachiPanda Challenge will advance to the continental Africa PachiPanda Contest, where they will compete with other national champions.
Nigeria CommunicationsWeek reports that the programme underscores MTN Nigeria’s commitment to eco-entrepreneurship and environmental sustainability, empowering youth-led enterprises to drive green innovation across Africa.
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