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Multi-Links Telkom Embraces DWDM Solution for Fibre Security

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 Multi-Links Telkom said that it recently achieved another laudable milestone enabling network availability and enhancing superior customer experience with the completion of the Dense Wavelength Division Multiplexing (DWDM) project which is designed to make the fibre optic network of Multi-Links Telkom more robust as it will provide greater redundancies and a buffer to network down time resulting from fibre cuts (the completion allows us to offer industry leading SLA’s with guaranteed uptime of 3 times reliability/redundancy).
With the completion of the DWDM project and the cut over of SDH sites, customers now enjoy protection from prolonged downtime on account of fibre damage, Olurotimi Aborisade, manager, Transmission Planning, Multi-Links Telkom said that the impact of fibre cuts are less noticeable and that DWDM project will significantly improve the quality of service delivery and will enable Multi-Links Telkom customers to enjoy high level of service availability with seamless switchover to redundant transmission paths, in spite of the fibre cuts. 
He noted that Multi-Links Telkom’s corporate customers on the leased line service and individual subscribers on the broad market platform will now enjoy more stability in network availability and industry benchmark SLA delivery for superior customer experience. This means that Multi-Links Telkom’s corporate clients would be empowered to more effectively manage their respective businesses.
Before now,  corporate customers in Nigeria on leased line circuits often experience downtime as a result of the persistent fibre damages in respect of which the SDH network could offer little protection. However, the Multi-Links Telkom DWDM network has built in redundancy that allows traffic to be re-routed if fibre cut is experienced on a particular route because each route has been designed to carry two channels with the second channel serving as the alternative route when a cut happens on the first route.
This new initiative which is superior to the linear SDH facility on the network also has an enhanced capacity in terms of the volume of data and connection that it can offer Multi-Links Telkom’s corporate clients. Corporate clients can now deliver more offerings to their customers by the sheer size of the capacity embedded in the DWDM component which is of higher capacity to the linear SDH network.
Olurotimi Aborisade, who led the project team, said that the DWDM fibre ring is a robust facility that offers greater capacity and higher redundancy in terms of the flexibility of the network to provide alternative routing for traffic whenever downtime is experienced on the network on account of vandalization or other service disruption.
Ben Machoga, Executive, Network Engineering  said that the DWDM network provides a greater platform for Multi-Links Telkom to offer better Service Level Agreement (SLA) with its corporate clients and thereby significantly improve revenue opportunity by blocking loopholes on the revenue channels.
With the expected network stability and availability resulting from the implementation of the DWDM project, Ben said Multi-Links Telkom would enjoy enhanced revenue growth as our existing and potential customers can migrate their mission critical applications onto services offering much higher availability.  He noted as well that with the DWDM network the technical team would have fewer challenges in micro managing the incidences of fibre damage which often result in network instability and commercial challenges regarding fulfilling customers’ expectations and satisfactions.
So far, major cities in Nigeria have already been covered in the DWDM deployment project. Cities presently covered by the DWDM ring include Lagos, Benin, Ibadan, Abuja, Jos, Bauchi, Kaduna, Kano, Zaria, Ife, Akure, Warri, Sapele, Aba, Umuahia, Enugu, Port Harcourt, Asaba, Markudi,  and Onitsha.

 


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Moove Achieves Unicorn Status With $250m Funding

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Mobility technology company, Moove has raised $250 million in a Series C funding round at a valuation of $2.1 billion, reaching unicorn status.

The startup will deploy the fresh capital to build out autonomous vehicle infrastructure, expand fleet ownership, construct robotics-focused “Nests” for charging and maintenance, and grow its autonomous workforce from 150 to 500 by year-end.

The company plans to enter additional global markets, reflecting a strategy to build the operational infrastructure required for large-scale autonomous transportation rather than simply supplying vehicles.

Led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific, the round also included new investors BlueCrest Capital Management, Sona Asset Management and The Raptor Group, alongside existing backers BlackRock, MUFG, Franklin Templeton and Uber.

“Autonomous mobility is becoming an infrastructure race requiring fleets, charging systems, maintenance, data infrastructure and continuous city-level operations,” said Ladi Delano, co-founder, co-CEO and advisory board chairman of Moove.

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Founded in Lagos in 2020, Moove has grown into a global mobility platform employing about 3,300 people across 29 cities in 13 countries, operating approximately 42,000 vehicles and reaching $420 million in annualised recurring revenue.

It has expanded organically and through acquisitions, including Kovi in Brazil and Tokyo Taxi in Japan. Moove also operates autonomous vehicle fleets in partnership with Waymo in Phoenix and Miami, with London expected to join its footprint.

The $2.1 billion valuation places Moove among Africa’s small group of tech unicorns, alongside Flutterwave, OPay, Moniepoint, Andela, Chipper Cash, Wave, Tyme, MNT-Halan and Interswitch.

The $250 million round is the largest single funding deal announced by an African startup this year, though EV mobility firm Spiro raised $270 million cumulatively across two separate rounds.

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Heirs Life Names Pastor Jerry Eze Board Member, Targets Greater Financial Inclusion

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L – R: Tony Elumelu, Chairman, Heirs Life Assurance; Pastor Jerry Eze, incoming director, Heirs Life Assurance
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Heirs Life Assurance, the specialist life insurance company of Heirs Insurance Group, has appointed Pastor Jerry Eze as an Independent Non-Executive Director on its Board, effective August 10, 2026.

Heirs Life Names Pastor Jerry Eze Board Member, Targets Greater Financial Inclusion

L – R: Tony Elumelu, Chairman, Heirs Life Assurance; Pastor Jerry Eze, incoming director, Heirs Life Assurance

The appointment reinforces Heirs Life Assurance’s commitment to expanding financial inclusion and accelerating insurance adoption by strengthening public trust, consumer education, and long-term financial resilience across Nigeria.

Despite being Africa’s largest economy, Nigeria’s insurance penetration remains below one percent – among the lowest globally – highlighting the need to expand financial protection and build greater public trust in insurance.

As Heirs Life continues to pursue its mission of making insurance accessible to every Nigerian, Eze’s appointment brings a unique perspective on community engagement, value-based leadership, and broad societal impact.

Pastor Jerry Eze is the Founder and Lead Pastor of Streams of Joy International Ministry, a growing multinational ministry with 34 branches across West Africa, Southern Africa, Europe and North America.

He is also the convener of the New Season Prophetic Prayers and Declaration (NSPPD), one of the world’s largest digital prayer platforms, reaching millions of people daily. Through his ministry and humanitarian initiatives, he has become one of Africa’s most influential voices, championing hope, compassion, and community transformation.

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Beyond ministry, Eze is the Founder of the Jerry Eze Foundation, a faith-led philanthropy where he provides housing support and grants to vulnerable and underserved communities.

In 2026, he announced N1billion in grants to support young entrepreneurs across agriculture, technology, and manufacturing, further advancing enterprise development and economic opportunity.

Before entering full-time ministry, Pastor Jerry Eze built a career in development communications, serving as a Communications Specialist on a World Bank HIV/AIDS programme and with the United Nations Population Fund (UNFPA).

He holds a Bachelor’s degree in History and International Relations from Abia State University and a postgraduate degree in Business Administration from Enugu State University of Science and Technology.

Speaking about the appointment, Tony O. Elumelu, CFR, Chairman, Heirs Life Assurance, said: “Pastor Jerry brings an exceptional combination of integrity, influence, and a deep understanding of people and communities.

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“As we continue our mission to democratise access to insurance, his insight will help strengthen consumer trust, deepen financial inclusion, and reinforce our commitment to protecting the financial future of millions of Nigerians.

“We are delighted to welcome him to the Board of Heirs Life Assurance and the broader family of Heirs Insurance Group.”

Commenting on his appointment, Pastor Jerry Eze said: “I am honoured to join the Board of Heirs Life Assurance at a defining moment for the insurance industry. Financial security empowers individuals, families, and businesses to pursue their aspirations with greater confidence and resilience.

“I look forward to working with the Board and Management to advance the company’s mission of making insurance more accessible, relevant, and impactful for every Nigerian.”

Heirs Life Assurance has become one of Nigeria’s leading specialist life insurance companies, ranking 7th on the Financial Times list of Africa’s fastest-growing companies.

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It is one of the three insurance businesses of Heirs Holdings, the leading pan-African investment company, with investments across 24 countries and four continents.

Combining an omni-channel digital presence with physical branches spread across the country, Heirs Life continues to redefine life insurance through innovation, customer-centric solutions, and a commitment to making financial protection accessible to every Nigerian.

Heirs Insurance Group, comprising Heirs Life Assurance, Heirs General Insurance, and Heirs Insurance Brokers, collectively serves over 3 million people directly and indirectly.

The Group is championing financial inclusion and leading the digital insurance play in Nigeria, demonstrating its mission to democratise access to insurance.

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World Bank Debars United Aviation Services, Owner over Fraudulent Activities

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The World Bank Group has announced the 31-month debarments of United Aviation Services Limited (UNASEL), a transportation services company based in Nigeria, and Air Vice Marshal Alkali Mamu, its owner and president, “in connection with fraudulent practices under the Enhancing Niger Northeastern Connectivity Project,” according to a press release issued by the multilateral development bank.

World Bank Debars United Aviation Services, Owner over Fraudulent Activities

The statement said that the project aims to enhance connectivity and road safety along the Zinder-Agadez Road section and improve access to basic socioeconomic infrastructure for selected communities in that road section.

However, according to the statement: “UNASEL and Mr. Mamu presented false experience documents in a prequalification application to qualify for a contract under the project. This was a fraudulent practice under the World Bank’s sanctions framework.”

“The debarments make UNASEL and Mr. Mamu ineligible to participate in projects and operations financed by Bank Group institutions. The debarments are part of two settlement agreements under which UNASEL and Mr. Mamu admit culpability for the underlying sanctionable practices,” it added.

The statement further said: “Per the Bank Group Sanctioning Guidelines, the settlement agreements provide for a reduced period of debarment in light of UNASEL and Mr. Mamu’s cooperation.

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As a condition for release from sanction under the terms of the settlement agreements, UNASEL and Mr. Mamu commit to developing and implementing integrity compliance measures that reflect the relevant principles set out in the Bank Group Integrity Compliance Guidelines, and Mr. Mamu further agrees to complete corporate ethics training.

UNASEL and Mr. Mamu also commit to continue to fully cooperate with the Bank Group’s Integrity Vice Presidency.

“The debarments of UNA SEL and Mr. Mamu qualify for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions that was signed on April 9, 2010.”

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