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NCC Remits N463Bn to FG in 7 Years

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Nigerian Communications Commission (NCC) said has remitted N463 billion to the Consolidated Revenue Fund from 2015 to April 2022 through steady efforts.

NCC Remits N463Bn to FG in 7 Years

Prof. Umar Garba Danbatta, executive vice chairman of the commission, stated this when he led the management team of the commission to pay a visit to William Alo, new permanent secretary of the Ministry of Communications and Digital Economy, in Abuja recently.

Reuben Mouka, director of Public Affairs, NCC, in statement also disclosed it has commenced the process of reviewing five regulatory instruments developed to address the challenges of the telecommunications industry even as it reiterated increase in broadband penetration in the country.

Mouka quoted Prof. Danbatta as saying this in his opening remarks at a Public Inquiry on five key regulatory instruments being reviewed across all sectors/segments of the telecommunications industry, which commenced in Abuja yesterday.

Danbatta also had told the permanent secretary that the commission has issued landing permits to 53 Geo Satellite Orbits space stations and 923 non-GSO space stations among other achievements of the commission.

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He revealed that the 3G and 4G Base Transceiver Stations (BTS) in the country has increased from less than 30,000 in 205 to 53, 460 while 7VSAT gateway earth stations have been licensed to boost broadband penetration in the country.

He provided a detailed briefing about the achievements of the Commission and its efforts to address all the challenges confronting the industry, intimated Alo with the key focus and targets of the Commission through the its launched Strategic Vision (Implementation) Plan SVP 2021 – 2025. This took into consideration, the provisions of the National Digital Economy Policy and Strategy 2020-2030, and National Broadband Plan 2020-2025.

He said the SVP has five focus areas which include: operational efficiency and regulatory excellence; facilitation of infrastructure provision for the digital economy; promotion of fair competition, inclusive growth and investment; improvement of quality of serve and quality of experience, and facilitation of strategic collaboration.

The NCC boss, who led a team of two executive commissioners and directors of the Commission to the briefing, listed successes recorded since 2015 in teledensity, broadband penetration, and significant contribution of the industry to the GDP that grew from 8.5 per cent in the 4th quarter of 2015 to 12.61 in the 4th quarter of 2021, as the sector also attracted over $2 billion in foreign direct investment over the period.

The NCC chief executive listed some other key achievements of the Commission under him to include the recent successful auction of 3.5GHz spectrum for 5G, licensing of 7 fibre optics infrastructure providers, and adding up to 38, 296 kilometers of fibre optic in the country.

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He noted that access gap clusters in the country has been reduced from 217 to 114 to enable 15 million Nigerians have access to telecommunications services, and increase of fibre optics deployments from 47,000 kilometers to 54, 725 kilometers.

Alo in his remarks commended the leadership of the NCC for remarkable strides of the agency that has earned remarkable international reputation for Nigeria and placed the telecom regulator in the forefront of the nation’s quest for forward looking national economic growth.

“So far so good. The entire country, and beyond, is fully aware of the strategic importance of the NCC as a regulating institution of the telecommunications industry in Nigeria. And, of course, we are aware today that between oil and communications, the latter is gradually taking over in the provision of revenue for the country as the nation strives to diversify the economy,” he said.

He said of a truth, the quality of service has improved tremendously over the past few years now and that the Commission deserves a pat on the back for what it has done in that direction.

“Your efforts are generally felt in the economy. So when you talk of digitalisation of the economy the NCC and the operators are the first port of call”, he said.

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He requested the leadership of the Commission to continue the good work and also strive to bridge the infrastructural gap that may create a gap between the served and underserved communities in the country.

Meanwhile, on the regulatory instruments for review, Danbatta said the first instrument is the Type Approval Regulations; the second is Guidelines on Short Code Operation in Nigeria; the third instrument is Guidelines on Technical Specifications for the Deployment of Communications Infrastructure; the fourth is the Guidelines on Advertisements and Promotions while the fifth is the Consumer Code of Practice Regulations.

Danbatta said that the instruments are existing instruments which are being amended to reflect current realities.

“One of such realities is that with the deployment of 5G, it will become necessary for Mobile Network Operators (MNOs) to invest heavily in communications infrastructure. Also, with the technological advancements anticipated in the coming years, it is expected that there will be a proliferation of devices in the industry. It is therefore essential for the Commission to ensure that the regulatory framework can accommodate such eventualities,” he said.

He said further that the NCC has been working assiduously to implement the Nigerian National Broadband Plan (NNBP) 2020 – 2025, the National Digital Economy Policy and Strategy (NDEPS) 2020 – 2030, its Strategic Management Plan (SMP) 2020-2024 and its Strategic Vision Implementation Plan (SVIP) 2021 – 2025 and achieve its mandate.

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“This drive has culminated in the Broadband penetration in Nigeria increasing by 91.70 per cent in the last four years. The country’s broadband penetration increased from 21.21 per cent in April 2017 to 40.66 per cent in April 2021. The Commission’s data show that in April 2021, 77,605,500 million Nigerians were connected to the Internet, up from 40,481,570 million in April 2017.

“The current broadband penetration as at June 2022 stands at 44.30 per cent with more than eighty-four million internet subscriptions in the country. While the Industry’s contributions to the nation’s Gross Domestic Product (GDP) has risen from 9.81 per cent in Q4 2018 to 12.61 per cent in Q4 2021. These strides are outcomes of the Commission’s regulatory management of the Industry as well as its focused implementation of policies and strategies of the Federal Government of Nigeria,” he said.

Helen Obi, head of Telecoms Law and Regulations Services Department of the Commission, said the draft of all the regulatory instruments have since been published on the Commission’s website and comments from external stakeholders have been received and reviewed.

The public inquiry is an avenue that allows the commission to incorporate the comments and suggestions of industry stakeholders in the development of regulatory instruments.

 

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ntel Plays Down Calls and Data Services, Moves to BET Agenda

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ntel, has officially moved away from its traditional voice and data business, unveiling a major transformation that will see it focus on digital infrastructure, artificial intelligence and technology-driven services.

ntel Plays Down Calls and Data Services, Moves to BET Agenda

As part of the consolidation process, ntel unveiled The Next Frontier, a transformation agenda planned to see the firm transform into an integrated digital infrastructure, connectivity and real estate enterprise.

Its new focus is a now BET Agenda – anchored on three growth pillars, Beam, Eden, and Titan and the drivers said that the strategy reflected ntel’s commitment to creating new opportunities through technology innovation, infrastructure development, and strategic asset optimisation.

The launch comes as ntel continues its journey towards regaining spectrum assets, while actively leveraging strategic partnerships to redefine innovation in the telecommunications industry and unlock new pathways for growth.

Built on the company’s BET Agenda – anchored on three growth pillars, Beam, Eden, and Titan – the strategy reflected ntel’s commitment to creating new opportunities through technology innovation, infrastructure development, and strategic asset optimisation.

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The launch comes as ntel continues its journey towards regaining spectrum assets, while actively leveraging strategic partnerships to redefine innovation in the telecommunications industry and unlock new pathways for growth.

The company also showcased a portfolio of initiatives designed to strengthen its position as a future-focused infrastructure platform.

Under Beam, ntel announced the launch of WakaGo, a global e-SIM solution that delivers seamless connectivity for international travellers, alongside AirFibre, a high-speed fixed wireless broadband service designed to provide reliable internet access for businesses.

Under Titan, the company highlighted its growing infrastructure business focused on tower development, fibre connectivity, duct infrastructure, colocation services, and infrastructure sharing solutions that enable operators, enterprises, and technology providers to expand efficiently and sustainably.

A major highlight of the launch was Eden, ntel’s real estate development platform, which is transforming NatCom’s extensive property portfolio into high-value commercial and residential developments.

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To further push its transformation, the company unveiled three flagship projects. They are Eden Place, a premium multi-storey commercial development in Lagos’ prime business district.

There is also Nova Place, a modern commercial development strategically located within Port Harcourt’s growing technology and business hub.

Terenna Court, a premium multi-storey residential apartment development in Abuja.

Together, these projects demonstrate ntel’s ambition to unlock the full potential of its real estate assets through strategic partnerships, innovative design, and long-term value creation.

Speaking at the unveiling of The Next Frontier, Soji Maurice-Diya, managing director/chief executive officer, NatCom Development and Investment Limited (trading as ntel),  described the initiative as far more than a business transformation strategy.

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According to him, it represents the company’s commitment to building an integrated ecosystem that connects people, empowers businesses, drives digital inclusion, and creates sustainable economic value for Nigeria.

 

 

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Airtel Delivers Free Employability Training to Young Nigerians @ World Youth Skills Day

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Airtel Africa Foundation, through Airtel Nigeria, has reaffirmed its commitment to developing Nigeria’s future workforce with a high-impact virtual masterclass designed to equip young people with the practical skills required to thrive in an increasingly technology-driven economy.

The Initiative, held to commemorate World Youth Skills Day 2026, themed “Skills for a Shared Future – The NextGen Advantage,” presented a platform on which experienced Airtel professionals provided mentorship and coaching to undergraduates, interns, and recent graduates for the current realities of formal work environments.

Organised on the auspices of the Airtel Employee Volunteer Programme (EVP), by which staff donate their time and expertise towards social programmes, the 90-minute virtual masterclass, which was attended by over 400 undergraduates and young professionals, extended the reach of the Foundation’s education and youth development programmes.

Speaking on the initiative, Chief Executive Officer of Airtel Nigeria, Dinesh Balsingh, said investing in young people remains one of the most impactful ways to build Nigeria’s future economy.

He said, “The future of work is changing faster than ever before, and success will increasingly belong to those who are equipped with the right skills, the right mindset, and the confidence to adapt. As an organisation, we believe that empowering young people with practical digital and professional capabilities is an investment in Nigeria’s future competitiveness.

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Through our Employee Volunteer Programme, our people are sharing not just knowledge, but real industry experience to help shape careers, unlock opportunities, and prepare the next generation to lead in a digital world.”

Unlike traditional career seminars, the masterclass adopted an interactive learning model that offered participants the option to select specialised breakout sessions aligned with personal interests and career aspirations.

In his keynote remarks titled The Next Gen Advantage, Director, Corporate Communications and CSR, Airtel Nigeria, Femi Adeniran, noted that the future will be shaped by the skills to transform great ideas into impactful solutions.

He summed up the pathway to a future-ready career into five actions, namely learning continuously, solving problems, building a digital reputation, embracing Artificial Intelligence, and developing human skills.

“Technical knowledge remains important, but employers today are equally looking for adaptability, collaboration, communication, digital confidence, and the ability to learn continuously,” he said.

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In the first general session titled Your Network is Your Net Worth, Adebimpe Ayo-Elias, Director, Human Resources and Administration, Airtel Nigeria, charged attendees to build character. The second general session themed Your Money, Your Future, delivered tips on budgeting and financial discipline was facilitated by Olakunbi Osigbesan, Head, Treasure, Smartcash PSB.

Following the general sessions were five breakout rooms, in which attendees were offered curated guides designed to develop contemporary workplace competencies.

The first session, Digital Transformation and Growth, led by Oyebowale Akideinde, General Manager, Digital and Innovation, Airtel Nigeria, presented a mechanism to leverage digital platforms for visibility and opportunity creation.

The CV Clinic and Interview Masterclass, which was led by Chidera Okoye, HR Outsourcing Lead, Airtel Nigeria, discussed practical recruitment strategies, including applicant tracking system (ATS)-friendly CVs, and the STAR interview framework.

A third session on Communication and Personal Branding, delivered by Sam Adeoye, Head, Public Relations, Airtel Nigeria, focused on value presentation, executive communication, and earned visibility, built on “V.I.R.A.L.”, a mnemonic device created for the attendees by the facilitator.

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The programme also featured a dedicated session titled AI as Your Superpower, presented by Ezenwa Agbanusi, IT Governance Executive at Airtel Nigeria, in which participants discussed prompt engineering and AI-powered tools for enhanced learning, creativity, and workplace performance.

Corporate Social Responsibility Lead at Airtel Nigeria, Victoria Ndu, led the fifth breakout room on Emotional Intelligence, with a guide on building a high emotional intelligence quotient (EQ) for improved workplace and business performance.

By connecting future professionals directly with industry experts, the company continues to support the development of a workforce equipped to participate meaningfully in Nigeria’s rapidly evolving digital economy and contribute to shared prosperity.

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Uber Agrees €12.7bn Takeover of Delivery Hero in Global Food Delivery Deal

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U.S. ride-hailing giant Uber has agreed to acquire German food delivery company Delivery Hero in a deal valued at €12.7 billion ($14.6 billion), marking one of the largest transactions in the global food delivery industry.

Uber Agrees €12.7bn Takeover of Delivery Hero in Global Food Delivery Deal

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The companies announced the agreement on Thursday, with Uber offering €41.50 per share for Delivery Hero, a Berlin-based company that has grown into one of the world’s largest online food delivery platforms.

Despite the announcement, Delivery Hero’s shares declined by 0.5 per cent in Frankfurt trading to €37.90.

Founded in 2011, Delivery Hero operates in more than 60 markets across Asia, Europe, Latin America and the Middle East.

The company has expanded beyond traditional restaurant delivery services into quick commerce, providing rapid delivery of groceries and other consumer goods.

Under the agreement, Uber will acquire Delivery Hero’s operations in 50 markets globally.

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As part of the transaction, U.S.-based investment firm SSW Partners will acquire Delivery Hero’s businesses in 14 additional markets where the German company and Uber currently compete. The transaction is valued at approximately €1.4 billion.

Delivery Hero Chief Executive Officer and co-founder, Niklas Östberg, said the partnership would strengthen the company’s long-term growth by combining its local market expertise with Uber’s global technology and delivery platform.

“Uber’s global mobility and delivery platform and our shared commitment to innovation make this the right partnership to build on Delivery Hero’s strengths in local food delivery and quick commerce,” Östberg said.

Uber Chief Executive Officer, Dara Khosrowshahi, said the acquisition would expand the company’s delivery operations while creating new opportunities for merchants, consumers and delivery workers.

“A merger would extend affordable, reliable delivery to many millions more people in some of the world’s most dynamic economies, while creating more opportunities for merchants and couriers,” he said.

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Delivery Hero’s management has unanimously recommended that shareholders approve the offer.

The companies said the transaction remains subject to shareholder approval and regulatory approvals, with completion expected in the second half of 2027.

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