Telecom
NCC, CBN Query Barclays’ Transparency in Sale of 9mobile

The handling of the sale process of 9mobile by Barclays Africa, the financial advisers, has come attack from the Central Bank of Nigeria (CBN) and the Nigeria Communications Commission (NCC), according to the Cable.
Barclays Bank has been saddled with the responsibility of finding investors for 9mobile based on the decision of Nigerian lenders.
In a joint letter to GTBank, which is the facility agent for the 9mobile syndicated loan, Umar Danbatta, the executive vice-chairman of NCC, and Godwin Emefiele, the governor of CBN, expressed displeasure with the “unwillingness of Barclays Africa” to follow due process in the bid.
In the letter, dated November 4, 2017, the two regulators said they made it clear from the outset that the sale process must be “transparent and fair, with the financial and technical capabilities of the final bidders without question”.
They said they now have “serious concerns” since the appointment of Barclays Africa as financial advisers.
“They have repeatedly exhibited signs of opacity in the sale process for 9mobile. Given the overriding public interest in the company and the need for transparency, we advised that Barclays advertise the call for ‘expression of interest’. Barclays declined, insisting instead that the company being a private one, should not be taken through a public sale,” they wrote.
“This lack of a transparent process has proven to be selective and arbitrary, leading to allegations that the process is being teleguided to a rigged and predetermined outcome. The CBN and the NCC will not fold their arms and allow this to materialise.”
Danbatta and Emefiele said they had received reports and petitions from various stakeholders, including some bidders, which have further heightened their concerns — but their suggestions to the board of 9mobile and Barclays on how to restore credibility to the process have been ignored.
The CBN and NCC then directed that all steps and decisions taken by the financial advisers as well as other advisers from the end of “expression of interest” must be communicated to CBN and NCC, who will have to approve in writing.
They also directed that the final bid process must be “open and transparent” in line with international best practices.
Danbatta and Emefiele said the December 31, 2017 deadline for the handover of 9mobile to the preferred bidders “remains sacrosanct”.
On Monday THISDAY reported that 1o firms have moved to the financial stage of the bid process.
The companies listed are: Globacom Nigeria Limited, Bharti Airtel, Alheri Engineering Limited, Smile Telecoms Holdings, Helios Towers, Centricus Capital, Africell, Abraaj Capital, Teleology Holdings Limited, Ericsson, Africa Capital Alliance (ACA) and The Carlyle Group.
The company formerly knows as Etisalat Nigeria changed its brand name to 9Mobile in July after the Mubadala Group, the major investor from the United Arab Emirates, pulled out of Nigeria’s fourth largest mobile operator following a N541 billion debt.
The debt is owed to a consortium of 10 banks, with GTBank acting as the facility agent.
The sale of 9mobile, with 21 million subscribers, is expected to bring in the needed capital to restore it to good health.
Telecom
Anambra ICT Agency Celebrates GOVTECH Awards, Applauds Soludo’s Digital Vision

Chukwuemeka Fred Agbata, CFA, md/ceo of the Anambra State ICT Agency, has extolled Governor Charles Chukwuma Soludo, CFR, for his unwavering commitment to technology adoption in Anambra State, a vision that has positioned the state as a shining example of digital governance in Nigeria.
This recognition follows Anambra’s outstanding performance at the Nigeria GOVTECH Gala & Awards 2025, where the state clinched two prestigious honours at the Presidential Banquet Hall, Abuja.
The Anambra State Ministry of Budget and Economic Planning emerged as Best State MDA in Technology-Driven Governance, while the Anambra State Bureau of Public Procurement received the Excellence in Digital Public Procurement Award.
The Commissioner for Budget and Economic Planning, Chiamaka Nnake, and the DG of BPP, Okechukwu Ezeobi, also received Trailblazer Awards for exemplary leadership.
Speaking on the win, CFA commended his colleagues for working closely with the Agency to deepen technology adoption, and reaffirmed the ICT Agency’s commitment to powering the digital infrastructure that supports efficient and transparent government operations in line with Governor Soludo’s “Everything Technology, Technology Everywhere” mantra.
“These awards underscore what is possible when agencies work together with a shared vision,” CFA said. “The ICT Agency is proud to support and enable the digital systems that make such milestones possible.”
He further pledged that the Agency would sustain the momentum by expanding digital integration across government processes, ensuring that Anambra remains at the forefront of e-governance innovation in Nigeria and beyond.
Telecom
IHS Closes Deal to Sell Rwanda Operations

IHS Holding Limited (IHS Towers), an independent tower company, has completed the sale of 100% of Rwanda operations to Paradigm Tower Ventures.
First announced in May, the deal is worth $274.5 million, representing a transaction multiple of 8.3x adjusted EBITDA after leases, and includes about 1,465 sites.
According to IHS Towers, the sale of the company’s Rwanda operations is part of its strategic initiatives targeted at shareholder value-creation options following over ten years of commercial success in the East African country.
The acquisition IHS Rwanda will mark the first investment by Paradigm’s new Sub-Saharan African tower platform, whose focus is on the growth of new build shared wireless infrastructure across the region.
Paradigm is backed by a consortium of equity and debt finance providers, including Convergence Partners and Rand Merchant Bank, a division of FirstRand Bank Limited, who acted as mandated lead arranger, sole funder and financial advisor.
Stephen Harris, co-founder and chairman of Paradigm previously commented: “Rwanda represents an exciting market with high demand for shared wireless infrastructure. The Paradigm team is very much looking forward to building a strong customer focused business, providing high quality and secure infrastructure to mobile network operators.”
Telecom
NCC Launches DMS to Block Fake, Stolen Phones from Mobile Networks

Nigerian Communications Commission (NCC) has announced the implementation of a Device Management System (DMS) designed to block fake, cloned, and stolen phones from accessing Nigeria’s mobile networks.
The system, which has been in development for nearly a decade, will track mobile devices through their International Mobile Equipment Identity (IMEI) numbers across the country’s telecommunications networks.
The initiative follows Nigeria’s recent nationwide migration to the NINAuth digital ID verification platform, demonstrating the country’s commitment to modernizing its telecommunications infrastructure.
Operating through a Public-Private Partnership (PPP) framework, the DMS marks a significant step in regulating Nigeria’s telecommunications device market.
The initiative addresses the prevalent issue of counterfeit and unregistered phones in the country, where estimates indicate that up to 40 percent of mobile devices and tech gadgets are fake or substandard.
The challenge mirrors similar issues faced by other African nations, such as Uganda, which recently launched its own “Simu Klear” system to address counterfeit devices.
According to the NCC, the implementation will proceed gradually to minimize disruption to legitimate users. “Substandard and fake devices can be prevented from connecting to the networks due to the harmful impact these devices have on the quality of services and online safety of the users,” the Commission stated.
The IMEI-based tracking system builds on successful implementations in other regions, where similar technology has been used to recover lost and stolen devices.
The widespread presence of counterfeit devices in Nigeria has been attributed to various economic factors, including inflation, unemployment, and reduced purchasing power, which have led consumers to seek cheaper alternatives despite associated safety and security risks.
The risks include potential exposure to malware and security vulnerabilities, similar to recent incidents where banking trojans have targeted Android users through counterfeit applications.
Dr. Aminu Maida, executive vice chairman, NCC, has made the DMS initiative a key part of his broader regulatory agenda, which emphasizes protecting telecom assets and improving network quality.
The system supports the Commission’s focus on transparency, accountability, and infrastructure protection in Nigeria’s telecommunications sector, which serves over 200 million people.
The effort complements other recent security initiatives in the country, including PalmPay’s multi-layered security strategy to combat digital payment fraud.
The DMS implementation features several key components, including IMEI-based device identification and blocking capabilities, integration with existing network infrastructure, and coordination between public and private sector stakeholders to ensure effective enforcement.
The comprehensive approach reflects the growing importance of mobile device security in an era where authentication methods are rapidly evolving to counter sophisticated cyber threats.
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