Telecom
MTN Unleashes Digital Journey 2.0 with BetterMe App

MTN Nigeria has disclosed it is moving to a new dispensation called Telco 1.5, which is characterized by full scale focus on data and digital services leveraging the power of the internet.
MTN Nigeria which has 60 million subscribers as at the end of year 2014, according to Funmi Onajide, the general manager, Corporate Affairs, on January 1, launched the BetterMe campaign as a clear evidence of how Nigerians can use the power of the internet to do extraordinary things in ways that add values to their lives.
Onajide while speaking at a press conference in Lagos to announce the launch of the Campaign, re-emphasized that telecom products and services in the currently are moving from predominately voice to data and digital services.
She said, “In the past the focus was on voice- that is the ability to connect people so that they could make phone calls. This industry has achieved that well over 100 million active subscribers in Nigeria of which MTN has 60 million subscribers as at the end of 2014.
“That dispensation was Telco 1.5. Now, we are moving to Telco 2.0 which is characterized by full scale focus on data and digital services leveraging the power of the internet”.
On the BetterMe campaign, Onajide said, “As you know, Nigerians are very innovative and millions of people, especially our youth are already very familiar with the internet. The ‘Better Me’ campaign will build on that and will expose Nigerians from all works of life to how they can use the internet to do all sort of things that are relevant to their peculiar circumstances and show them how various digital and data products and services can make their lives better.”
The General Manager, Corporate Affairs of MTN Nigeria added that the platform will introduce local contents that many Nigerians are not aware.
They include websites such as pidgin-based websites, local language news and a variety of useful information which should help people to see the positive value in the internet.
Bayo Adekanmbi, chief marketing officer, in a presentation provided further details about the App, stressing that in spite about 200% growth in internet penetration in the country in the recent years, the usage has remained limited.
He said MTN is working with Neo-2 Limited, a 100% Nigerian company, to launch the app in order to drive the behaviourial change among Nigerians.
“There is no gainsaying that the internet has become a powerful tool, equipping people in such ways like learning new skills or improving on one’s skills, become better economically, socially, culturally or even educationally. We want a situation the internet usage grows in line with the internet penetration, where Nigerians can improve themselves in so many ways. For instance, do we know there are many scholarships Nigerians can benefit from?” he explained.
Also speaking, Fola Akinmolayan, CEO, NEO-2 Limited, said “the BetterMe Bundle is a rich bouquet loaded with internet data (MB) , voice minutes (National) and sms that gives you the opportunity to be better in various facets of life through access to the power of the internet. Whether you want to be better in Business, relationships with friends and family, fashion, health or style, access to the internet via MTN makes it easy for you to access information on the go”.
To enjoy offers accruable to the app, Mrs Saidat Lawal-Mohammed, Snr. manager, Segment Management, MTN Nigeria, said that there are three (3) types of BetterMe Offers that are available, namely daily Package Offer which consists of 20 National mins + 15MB + 35 National SMS @ N250 only; monthly Package Offer which consists of 100 National mins + 100 National SMS + 300MB@ N2,015only and monthly Data Bundle Offer which consists of 2015MB@ N2,015 only
“Today is the day you leave old ways behind for newer, smarter and faster ways. With the power of the internet to enhance your lifestyle, MTN is committed to bringing the best out of you. To enjoy the offer, simply dial *123*4*# to get started”.
Aside the Better Me app, MTN also showcased the benefits of ‘My2015App” as a one stop guide to news, resolutions, prophecies, opportunities, deals and more; which the offers are available to users on daily and monthly bundles.
Adekanmbi explained further on the My2015 App thus, “It is an app aimed to enhance peoples’ lives with the power of internet. It provides easy access to a variety of digital content and offers MTN subscribers a single platform to access, view and share New Year Resolution & Must-do, 2015 Prophesies & Events, News, Daily Deals, Gossips, Healthy Living and Lifestyle. Customers can download the app free of charge by taking the following steps: Send the keyword 2015 to 131 via SMS. An SMS containing the link for download will be sent to you immediately; click the link to download the app free of charge and it takes you to the homepage where you select your area of interest.
He said that as the world is fast changing, with technology taking over people’s everyday lives, access to the internet provides opportunities that enable individuals to achieve greater heights and do a whole lot of things faster and better with less effort.
Telecom
Legend Internet Reports Losses despite N505m Revenue

Legend Internet Plc has reported a loss for the six months ended January 31, 2026, as rising operating costs and finance charges weighed on earnings, according to its latest management financial statements filed on the NGX platform.

The company posted revenue of N505.36 million for the period, down from N622.64 million recorded in the corresponding period of 2025, reflecting a contraction in topline performance.
Despite generating a gross profit of N322.99 million, Legend Internet’s profitability was eroded by elevated administrative expenses, which surged significantly to N457.62 million from N166.78 million in the prior year.
This drove the company to an operating loss of N134.63 million, compared to an operating profit of N244.55 million a year earlier.
Finance costs further pressured the bottom line, rising to N64.71 million, while interest income provided only a limited offset.
Consequently, the company recorded a loss after tax of N99.34 million, a sharp reversal from the N239.85 million profit posted in the same period of 2025.
Earnings per share also declined into negative territory, closing at a loss of 11 kobo compared with earnings of 12 kobo in the prior period.
A review of the company’s financial position showed total assets increased to N3.45 billion as of January 2026, up from N3.21 billion in July 2025, driven largely by growth in cash and cash equivalents and receivables.
However, shareholders’ funds weakened to N2.55 billion from N2.80 billion, reflecting the impact of the reported loss and dividend payments.
Cash flow analysis indicates that net cash used in operating activities stood at N237.48 million, highlighting liquidity pressure in the core business.
This was partially offset by financing inflows, including loans, which helped lift cash balances during the period.
Further breakdown showed personnel costs rose markedly to N153.50 million, underscoring increased staff-related expenses, while depreciation and amortisation charges remained significant due to ongoing investments in network infrastructure.
The results underlined the pressure on smaller telecom and internet service providers navigating high operating costs, currency volatility, and infrastructure demands within Nigeria’s competitive digital services market.
Telecom
Airtel Africa Records Strong Market Gains, Strengthening Investor Trust

Airtel Africa has emerged as the standout large-cap performer on the Nigerian Exchange (NGX), recording a 10 per cent gain in a single trading week and reinforcing its position as one of Africa’s most resilient and valuable telecommunications companies.

The telecoms giant closed the week at ₦3,655.70 per share, up from ₦3,323.40, making it one of the strongest contributors to market performance during a period characterised by selective investor activity and sector rotation.
The strong performance reflects growing investor confidence in Airtel Africa’s business fundamentals, diversified revenue streams, and long-term growth strategy. Analysts note that the company continues to attract attention from investors seeking stable, high-quality stocks capable of delivering sustainable value despite ongoing macroeconomic uncertainties.
Unlike many of the week’s gainers, whose performance was largely driven by speculative trading and short-term market positioning, Airtel Africa’s rise was underpinned by confidence in its operational strength and strategic importance within the telecommunications sector.
Market watchers have identified Airtel Africa as a preferred investment destination due to its strong earnings profile, extensive regional footprint, and exposure to foreign currency-linked revenue streams. These factors have helped position the company as a key stabiliser within the NGX, particularly at a time when investors are increasingly selective in deploying capital.
The company’s performance also highlights the growing importance of telecommunications firms in driving economic growth and digital transformation across Africa. Through continued investments in network expansion, digital services, enterprise solutions, and financial inclusion initiatives, Airtel Africa remains at the forefront of enabling connectivity and economic opportunity for millions of people across the continent.
Beyond its stock market performance, Airtel Africa continues to strengthen its position through investments in digital infrastructure, mobile financial services, and technology-driven solutions that support businesses, governments, and communities. These initiatives have become increasingly important as demand for connectivity and digital services continues to accelerate across Africa.
Airtel Africa’s latest performance underscores confidence in the company’s long-term prospects and its ability to create sustainable value for shareholders. The milestone also reflects the market’s recognition of Airtel Africa’s role in shaping Africa’s digital future through innovation, connectivity, and inclusive growth.
With telecommunications remaining a critical enabler of economic development, Airtel Africa’s strong showing on the NGX serves as another indicator of the company’s continued momentum and leadership within the sector.
Telecom
AVEVA Brings AI, Digital Twin Revolution to Nigeria’s Industrial Sector

AVEVA, a global leader in industrial software, will host the first edition of AVEVA Day Nigeria, on 11 June 2026 at the EKO Hotel, Victoria Island, Lagos.

AVEVA
Built around the theme, “Driving the Transformation: Leveraging Digital Technologies and AI to Achieve Operational Excellence, Increase Efficiency and Reduce Emissions,” the one-day event will bring together industry leaders to discuss how AI, Digital Twin, and cloud-native industrial platforms are transforming the design, construction, and operation of assets.
The event will host AVEVA leadership, technical experts, customers, ecosystem partners, EPCs, and decision-makers from across Nigeria’s energy and process industries.
Nigeria’s industrial sector is entering a new phase with operators under pressure to improve operational reliability, cut emissions, and unlock gas monetisation opportunities cost-effectively. Digital technologies have emerged as a key enabler of this balancing act.
The International Energy Agency’s Africa Energy Outlook highlights the growing role of AI and digital tools in balancing Africa’s energy ambitions with its sustainability goals. At the same time, initiatives such as the African Union’s Digital Transformation Strategy for Africa (2020–2030) and Nigeria’s National Digital Economy Policy and Strategy are helping create the foundation for wider adoption.
Khaled Salah, Vice President – Africa, AVEVA, said: “Nigeria’s industrial economy is one of the most dynamic industrial markets in the EMEA region. As industries navigate growing demands around efficiency, sustainability, and resilience, technologies such as digital twin, industrial AI, and connected ecosystems are becoming central to transformation strategies. Through AVEVA Day Nigeria, we want to bring our global expertise closer to local industry leaders and demonstrate how the convergence of AI and industrial software can help local enterprises compete, and lead, on the world stage.”
Hanno Van Niekerk, Market Leader – Sub Saharan Africa, AVEVA said: “Nigeria has the scale, resources, and industrial ambition to become one of the leading energy and industrial hubs in the region. With continued investments in power infrastructure, and industrial development, the country is well positioned to drive long-term economic growth and strengthen energy access across Africa. At AVEVA, we are proud to support this journey by helping organisations leverage digital innovation to enhance operational performance, accelerate transformation, and advance sustainability goals.”
The event will begin with a welcome note from Khaled Salah, followed by a keynote from Gaurav Panpaliya, Enterprise Architect, AVEVA, on how AI-enabled Digital Twins are guiding industries towards autonomous, sustainable operations, supported by examples from global energy companies.
It will also feature interactive round table discussions hosted by Gururaj Purohit, structured around three focus tracks – Design & Build track, that will engage EPCs, capital project teams, and engineering companies, the Operate & Optimise track covering enterprise visualisation, process optimisation, asset reliability, AI/ML-based predictive analytics, and Predictive Asset Optimisation (PAO) and the IT/OT and Data Management track, focusing on the CONNECT industrial intelligence platform and how it underpins next-generation industrial operations.
Attendees will get a chance to explore the full scope of AVEVA’s industrial intelligence capabilities through a series of focused technical and industry sessions along with dedicated customer and partner presentation slots throughout the day.
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