Telecom
NCC Partners Lagos Business School on Capacity Building
The Nigerian Communications Commission (NCC) and the Lagos Business School of Pan-Atlantic University are considering forging a partnership that will result in developing customised capacity building interventions and overhauling of existing training courses offered by the LBS to address critical areas of needs of the Commission’s human capital development.
Prof. Umar Danbatta, Executive Vice Chairman (EVC) of the NCC, emphasized the imperative of such collaboration during a visit of an LBS delegation led by the School’s Director, Executive Education, Victor Banji, to the Commission’s Head Office in Abuja recently.
The EVC spoke through NCC’s Executive Commissioner, Stakeholder Management, Adeleke Adewolu, who received the LBS delegation (alongside other senior management staff of the Commission) on behalf of the EVC.
Addressing the visiting team, Adewolu said NCC constantly engages in staff training as part its strategy to build managerial and technical skills required to manage the ever-dynamic telecoms regulatory environment in Nigeria.
Adewolu said while LBS, has been a training partner of NCC over the years and currently provides some classes of capacity building to staff of the Commission, it has become necessary to expand the training scope by ensuring that other customized programmes that target specific needs of Commission’s human capital are designed by the School in collaboration with NCC team to meet strategic objectives and enhance the relationship of the two organisations.
Among the areas of interest to the Commission are courses on performance appraisal management, policy formulation and execution, risk management, technical report writing, telecoms-related training, tariff and competition management, as well as basic training on policy formulation and implementation, social media training, audio-visual editing, among others.
“I thank the LBS for its collaboration with NCC over the years in the area of human capital development. However, we expect that LBS will work with NCC to see how we can collectively overhaul the existing courses and bring new course to NCC’s attention which we would, in turn, subject to our training need analysis (TNA). This may result in a review of our existing Memorandum of Understanding (MoU) towards making our relationship much stronger and more mutually beneficial,” Adewolu said.
The Executive Commissioner also explained that though NCC is a regulatory agency, it has seen the need for indigenous digital skills development in Nigeria, and that explained the creation creation of the Digital Bridge Institute (DBI), by the Commission to meet the human capital needs of the burgeoning telecom, and broadly, the ICT sector.
According to Adewolu, other areas of focus in meeting educational needs of the sector, include indigenous digital skills development, sponsoring of hackathon, provision of research grants to the academia, endowment of professorial chairs in universities, and the acceleration of digital infrastructure deployment across the country to boost digital literacy and skills for Nigeria’s socio-economic development.
Speaking earlier on the purpose of the visit to the Commission, Banji of LBS, said the business school wishes to serve as a strategic capacity development partner to NCC for its teaming staff; revisit LBS’s existing MoU for necessary enhancements; as well as offer corporate governance, board leadership and management development programmes to enhance corporate effectiveness.
Banji also commended the NCC for its role in ensuring effective digital transformation in Nigeria. “As the Commission responsible for creating an enabling environment for telecom operators and allied stakeholders in the industry, as well as ensuring the provision of qualitative and efficient telecommunications services throughout the country, NCC has earned a reputation as a foremost Telecom regulatory agency in Africa,” Banji said.
In addition, the LBS Executive stated that while his organisation will continue to play a prominent and leading role in building leaders with integrity for Nigeria, Africa, and the world, it also believes that with effective directors and leaders in the public sector organisation such as the NCC, Nigeria will be managed more efficiently for greater value and sustainable growth.
“Our conviction at LBS is that telecommunications penetration is one of the critical developments required to transform poverty into prosperity.
“Our thesis is simple: the access to and use of mobile telephony contributes to the health of the population and efficiency of the economy.
“It is equally a lever for poverty reduction as contained in Goal One of the Sustainable Development Goals (SDGs), Banji declared to emphasize the centrality of telecoms as an enabler of development.
Telecom
Telcos Scale Down on Network Investments to Reduce Forex Losses
MTN Nigeria Communications Plc and Airtel Africa Plc have reduced investments in network infrastructure to focus on minimising foreign exchange (FX) exposure and managing rising operational costs.
According to businessday.ng, this was detailed in their financial statements for the nine months ending September 2024.
Their strategy aligns with earlier forecasts of decreased capital expenditure (capex) due to foreign exchange (FX)-induced losses in 2023 and 2024.
In recent weeks, Nigeria’s network quality has declined, a situation that Gbenga Adebayo, chairman of the Association of Licensed Telcom Operators of Nigeria (ALTON), attributed to reduced investments in the sector.
GSMA, the global telecom body, has warned that lower capex could lead to a shrinking telecom sector, resulting in poorer service quality and slower coverage expansion.
“The overall financial performance of the industry in recent years has not been sufficient to support the capital-intensive nature of the business,” it said.
Karl Toriola, chief executive officer of MTN Nigeria, recently noted that investments would not flow into a sector that cannot promise returns. “We are in a big crisis,” he said.
MTNN’s core capex spending fell by 27.79 percent to N217.64 billion from N301.38 billion year-on-year (y-o-y).
“Excluding leases, our core capex declined by 27.8 percent, resulting in a capex intensity of 9.8 percent on this basis. The optimisation of core capex enabled us to accelerate the reduction of forex exposure arising from our LC-backed obligations and its impact on the business,” MTNN said.
Airtel Nigeria’s capex fell 36.59 percent to $149 million in the first nine months of 2024 from $235 million in the corresponding period of 2023.
“Operating free cash flow was $163 million, up by 73.7 percent in constant currency, largely due to the constant currency EBITDA growth and lower capex while in reported currency,” Airtel said.
This slowdown coincides with reduced revenue earnings for Airtel and reported losses for MTNN. A Central Bank of Nigeria (CBN) unification of the foreign exchange market in June 2023 triggered a sharp devaluation of the naira, which plummeted from N471/$ before the move to N1043.09/$ by December 28, 2023, and N1676.90/$ by November 4, 2024.
Airtel Nigeria’s revenue fell 46.9 percent to $755 million, while MTNN’s losses increased from N14.99 billion to N514.93 billion, despite service revenue growing by 33.7 percent to N2.37 trillion.
Over the last two years, MTN has spent N1.08 trillion on capex, with Airtel Nigeria spending $545 million in the same period. Both declared FX losses of $1.56 billion in 2023.
Beyond FX losses, surging energy costs have also strained the operating budgets of telcos.
“Average diesel prices in Nigeria increased by approximately 90 percent compared to the prior period,” Airtel stated.
MTNN’s operating expense increased by 95.87 percent to N1.13 trillion from N575.46 billion.
Telecom
AfriTECH 4.0 Holds in Lagos Today
The highly anticipated Africa Tech Alliance Forum [AfriTECH 4.0: https://africatechallianceforum.africa/] is scheduled to hold today Thursday, November 07, 2024 at Oriental Hotel, Lekki Road, Lagos-Nigeria.
The forum will bring together industry leaders, policymakers, innovators, and entrepreneurs to explore the theme “Leapfrogging Digital Transformation for Future of Africa’s Economy.”
AfriTECH 4.0 is poised to address critical conversations around the digital evolution of Africa, with a focus on key topics such as emerging technologies, sustainability, policy frameworks, and innovation in the tech ecosystem.
The forum will highlight the importance of building sustainable and inclusive digital infrastructures that can drive economic growth and social development across the continent.
Event Highlights Include: Keynote Presentations, Panel discussions, Networking Opportunities.
Also, the prestigious Africa Tech Alliance Excellence (ATAEx) Awards will recognize individuals, businesses and institutions leading digital transformation in Africa.
Special Guests:
Dr. Aminu Maida, a distinguished leader in telecommunications and digital transformation; Kashifu Inuwa Abdullahi, CCIE, a transformative leader in Nigeria’s technology landscape, currently serving as the Director General of the National Information Technology Development Agency (NITDA); Professor Ibrahim Adepoju Adeyanju, the CEO of Galaxy Backbone, a key government-owned technology and digital infrastructure company; Biram Fall, the Regional Managing Director, QNET, a leading e-commerce-based direct selling company; Ebehijie Momoh, the CEO of AfrigoPay Financial Services Limited, where she leads the company’s mission to provide innovative payment solutions across Africa.
Others are; Dr. Muhammed Sirajo Aliyu, President of the Nigeria Computer Society (NCS); Dr. Temitope Alakija, Senior Lecturer in the Department of Statistics at Yaba College of Technology [Yabatech] Lagos; Adesola Akinsanya – President, Nigeria Internet Registration Association (NiRA); Engr. Gbenga Adebayo, Chairman, Association of Licensed Telecommunications Operators of Nigeria (ALTON); Tony Izuagbe Emoekpere – President, Association of Telecommunications Companies of Nigeria (ATCON).
Also speaking are; Engineer Ikechukwu Nnamani – CEO, Digital Realty (Nigeria); Dr. Obadare Peter Adewale, Chief Visionary Officer, Digital Encode Limited; Mr. Emmanuel Amos, Founder – Programos Foundation/InnovationBed Africa; Chukwuebuka Ume-Ezeoke, Chief Technology Officer at CED Technologies; Dr. Oluseyi Akindeinde, Founder, Hyperspace Technologies; Happiness Obioha, Managing Director, Tecom Concepts Limited; Chukwuemeka Mbaebie, Convener, Lagos Blockchain Week; Akeem Ajisafe, Managing Director, Transblue Limited; Chika Nwosu, Managing Director, PalmPay; Jude Ozinegbe, Founder/Convener at Cyberchain; Mohammed Rudman, CEO, Internet Exchange Point of Nigeria [IXPN]; Dr. Ayotunde Coker, CEO Open Access Data Centres (OADC); Kehinde Ogundare, country manager, ZOHO [Nigeria]; Ayodeji Ogunmola, Director, Products Management at Northsnow Ltd; Oluwakayode Durodola, founder, Otuntech Limited; Lovelyn Okafor, Country Head, Nigeria at Newmark; Olaniyi Ibraheem, Business Development Manager (Africa) at UBankConnect; Adedamola Bowale, Co-founder & Technical Lead at Avancee Pinnacle, and Moniade Adeniyi, Product Innovation & Business Growth Strategist, Northsnow Ltd.
Meanwhile, innovationbed Africa is set to host “Startup Showcase” at AfriTECH, a session dedicated to startup finalists for this year’s United Nations World Summit Awards. Discussants include – David-Bobola Ojoawo, the Producer for Compas.AI; Stephen Adeyemo of Expertplug; Siro Collins, CEO of Advanced Engineering Center (AEC), WSA Winner 2023; Elijah Moses, Producer for VerionX; Rasheed Aliu Producer for LOOPBOX; Musami Umar Musam, founder of RollMal; David Ezeonyekwere, the founder of CheapMarketDeal, and Sule Wisdom David, the founder of CyclexAfrica.
QNET is the gold sponsor of AfriTECH 40. Silver Sponsors – Galaxy Backbone, Digital Realty, Digital Encode Ltd. Bronze Sponsors – CED Technologies, AfriGoPay, Tecom, Northsnow UK, Hyperspace Technologies, Palmpay, OADC.
Ecosystem Partners: NCC, NITDA,, InnovationBed Africa, ALTON, ATCON, NCS, IXPN, NiRA, Lagos Blockchain Week, Newmark Group, all are supporting AfriTECH 4.0.
Media Partners include; Techeconomy, NigeriaCommunicationsWeek, ITPulse, Ravenews, TechTrends.Africa, TechBuild.Africa, GrassRoots, DigiVation Network, TechLifewithUgo, BusinessMetrics, BusinessRemarks, SwiftReporters, TechTV, Africa Hyperscalers Media, CyberEra, ITRealms, DigitalTimes, TechnologyMirror, TechandBizNews, ITNewsNigeria.
“AfriTECH 4.0 will also feature interactive panel discussions, workshops, and exhibitions that will explore other critical topics such as artificial intelligence (AI), blockchain, fintech, smart cities, and sustainable innovation”, said Chike Onwuegbuchi, co-convener of AfriTECH. “We are grateful to the sponsors and partners”.
“Attendees will have the opportunity to engage directly with the speakers, as well as network with other industry leaders, innovators, and investors”, he added.
Participation
Online participants can join using the Zoom link here: https://shorturl.at/ETAPq.
Telecom
MTN Foundation Celebrates 20 Years of Impact in Nigeria
MTN Foundation celebrated its 20th anniversary with a stakeholder conference in Abuja, highlighting two decades of significant contributions to communities across Nigeria.
This event provided a platform to reflect on the Foundation’s accomplishments, unveil a new logo, vision, and mission statement, and launch its Y’ello Impact Report, reinforcing its commitment to sustainable development.
The conference brought together prominent figures from both the private and public sectors, all gathered to honour the extensive impact of the MTN Foundation’s Corporate Social Investment (CSI) over the last 20 years.
A keynote address was delivered virtually by Amina J. Mohammed, Deputy Secretary-General of the United Nations, who commended the Foundation as a leading example of CSI in Nigeria.
“MTN Foundation embodies the transformative power of public-private partnerships. Its investment in education, healthcare, digital literacy and youth empowerment has touched the lives of countless individuals.
“By providing scholarships, supporting maternal and child health and helping young people develop skills for the future, the initiatives build resilience in our communities and create pathways for sustainable growth”
Guests at the event witnessed the unveiling of MTN Foundation’s new vision and mission statements along with its logo, heralding a new era of impactful initiatives where they are most needed.
“During this unveiling, the Executive Director of the MTN Foundation, Odunayo Sanya, emphasised the Foundation’s unwavering commitment to fostering sustainable growth within Nigerian communities and expanding its outreach across the nation.
“We have evolved over the years, but one constant remains: our desire to do more. We believe that so much more can be accomplished,” Sanya stated.
Sanya articulated the new vision of the MTN Foundation, which aspires to enhance the quality of life for all Nigerians and transform communities nationwide. “At MTN Foundation, we envision a Nigeria where no community is left behind.”
Sanya further outlined the Foundation’s mission moving forward, which encapsulates its commitment to holistic socio-economic development: “Our mission is to consistently enhance the well-being of our communities by fostering investments through collaborations and partnerships in capacity building, health, and economic empowerment.”
Panel discussions featuring recipients from various MTN Foundation initiatives highlighted its significant impact on women’s empowerment, education, music, economic growth, and community development.
Beyond celebrating two decades of achievements, this stakeholder conference served as a rallying call for private sector organisations to leverage their resources in partnership with government efforts to improve the welfare of Nigerian communities and promote sustainable development across the country.
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