Telecom
NIGCOMSAT to be Repositioned for Better Services – MD
Mr Tukur Lawal, managing director, Nigeria Communications Satellite (NIGCOMSAT) Ltd, says it will reposition its business development plan towards achieving the much-desired competitive edge.
Lawal said this at a two-day retreat organised for the Board and Management of NIGCOMSAT Ltd in Abuja on Tuesday.
The theme of the retreat is “Redefining the NIGCOMSAT roadmap for exponential growth”.
He said the purpose of the retreat was for the management and board members to work as a team to achieve the requisite excellence.
“Today offers us another opportunity to reappraise our situation and find lasting solutions to the myriad of problems surrounding NIGCOMSAT Ltd,”he said.
Lawal said the new approach would help breathe into NIGCOMSAT Ltd a new lease of life.
“As we dwell on issues surrounding this organisation, let’s all bear in mind that the future of this company lies on the outcome of this retreat, ” he said.
Lawal said the challenges were not insurmountable, adding that it had the mentality to defeat the challenges to turn around the fortunes of the company.
He recalled the Minister of Communications and Digital Economy, Prof. Isa Pantami, had shared with them his thoughts on the prospects of the company, following a thorough evaluation of its performance, operational capacity and potential for rapid growth.
“The minister consequently tasked us to brace up for the challenges ahead. Indeed, his position was instructive in view of the numerous challenges before us and the last chance we have as an agency to exist.
“He advised that the board and management not to rush into competitive marketing with other competitors in the industry, it is because of our relatively recent entry into the country’s digital space,” Lawal said.
The md said it was against that background that the retreat called for retrospection, adding,”we need a serious soul searching as these two choices stare us in the face: To either survive in this industry or to perish.”
The Chairman of the board, Mr Yusuf Kazaure said the aim of the retreat was to reposition the company by reviewing its strategies and objectives.
“This event allow us the opportunity to work as a team .We expect a better alignment in managing the staffers of the company .
” We have been able to Identify some of the key things that hinder our operational success and come up with ways and means to be able to over come those challenges.
“We should also be able to achieve realistic measurable and smart objectives for better of performance of the company,”he said.
Mr Jack Chime, Lead Consultant of the retreat, said NIGCOMSAT was a public sector company but private driven, adding,”We are yet to meet the expectations of the government.”
He, however, said the retreat was to redefine the process by addressing the strategic intentions, vision and road maps to reach greater heights. (NAN)
Google has launched its Search Live feature globally to over 200 countries, including Nigeria, where AI Mode is available, enabling voice-and-camera conversations in users’ preferred languages.
Powered by the new multilingual Gemini 3.1 Flash Live model, it delivers natural, real-time interactions via the Google app on Android or iOS—tap the Live icon under the Search bar.
Ideal for hands-free help, users can speak queries for audio replies, follow-ups, or web links. Camera integration adds visual context, like troubleshooting a shelving unit, or pairs with Google Lens for real-world chats.
From the app or Lens, Nigerians can now explore, learn, or solve tasks instantly, boosting everyday productivity worldwide.
Clean and reliable power for telecom networks in Ethiopia, Liberia, and Sierra Leone will be expanded following a $45 million investment by the International Finance Corporation (IFC) in IPT PowerTech.
The investment targets countries where limited power supply continues to slow digital connectivity and broader economic participation, the institution stated earlier this week.
To enable this expansion, the IFC is providing a $45 million corporate financing package consisting of an A-loan of $27 million and $18 million in blended finance.
The blended portion is sourced from the Canada-IFC Blended Climate Finance Programme and the IDA20 Private Sector Window Blended Finance Facility.
The initiative marks the IFC’s first direct infrastructure engagement in Liberia in a decade and in Sierra Leone in six years.
It will help scale solar- and battery-based power systems that reduce reliance on diesel and support greener, more resilient telecom networks.
By improving the quality and stability of power to telecom towers, the initiative will strengthen mobile coverage and ensure that households, schools, health centres, and small businesses can depend on consistent digital services, said the IFC.
The funding supports the modernisation, operation, and maintenance of 2 235 telecom sites across the three nations. More than 90% of these are located in off-grid or weak-grid locations.
With new solar and battery systems powering these sites, mobile networks will experience fewer outages and improved service quality.
Optimising the energy mix is estimated to reduce power costs for operators by up to 30% in Liberia, 26% in Sierra Leone, and 52% in Ethiopia.
This transition is also expected to cut emissions by more than 10 624 tonnes of carbon dioxide annually. Furthermore, the partnership will promote gender inclusion by expanding opportunities for women in technical, operational, and leadership roles within the sector, says the IFC.
This agreement reflects a shared vision for a greener telecom industry and empowers the company to scale its innovative energy platforms, according to Nabil Haddad, CEO of IPT PowerTech Group.
Reliable and affordable power for telecom networks is a cornerstone of Africa’s digital transformation, said Nathalie Kouassi-Akon, IFC regional director for West Africa and the Gulf of Guinea.
Through this partnership, the institution is supporting a scalable, private sector-led solution that enables mobile operators to reach underserved and fragile communities more sustainably, added Kouassi-Akon.
The project advances the World Bank Group and African Development Bank’s Mission 300 initiative, which aims to provide electricity to 300 million Africans by 2030.
Expedier has unveiled “Expedier for Business,” an online pro-banking platform to simplify global payments, multi-currency transactions, and financial operations for expanding companies.
Kingsley Madu
The tool centralizes payments, invoicing, payroll, and treasury into one secure dashboard, tackling challenges like fragmented systems and poor visibility that hinder international scaling.
Kingsley Madu, Co-Founder and CEO of Expedier, said: “African businesses are increasingly global… Expedier for Business was built to simplify how companies manage money across borders while maintaining visibility, control, and compliance.”
Key features include customizable dashboards for payments, invoices, and workflows; support for USD, CAD, GBP, EUR, and more; virtual cards; automated payroll/invoicing; currency swaps; and real-time tracking.
Security measures cover two-factor authentication, KYC/KYB verification, and team access controls.
As cross-border trade and remote work boom in Africa, the platform aids firms dealing with international suppliers, teams, and customers. It is now available for organizations scaling globally.
NDIC Insures 99 Percent of Bank Customers
FG Shifting Focus to “Meaningful Connectivity” to Drive Inclusion – Minister
CBN Bars Chronic Loan Defaulters from Accessing Loans
Google Rolls Out Search Live AI to 200+ Countries, Including Nigeria
Breaking…..Kuda Lays Off Many Employees in Broad Restructuring
Kaspersky Discovers New Phishing Campaign Exploiting Google Tasks Notifications to Steal Corporate Credentials
Spotify’s Loud & Clear Report Reveals Over ₦60Bn Revenue for Nigerian Artists in 2025
China Threatens to Shut Nigeria’s Satellite Over $11.44m Unpaid Debt
MTN Nigeria Posts Record N1.70 Trillion Pre‑Tax Profit, Declares N20 Dividend for 2025
Madonna University Taps Tech Guru Adote for Strategic Board Role
Telecom2 days agoUS Jury Finds Meta, Google Liable in Landmark Social Media Addiction Case
News2 days agoEU Pumps €290m into Nigeria’s Digital, Health, Agri Sectors
News2 days agoFirm Shares Tips for Updating Your Digital Habits for an AI-driven World
E-Business2 days ago5 Wealth-Building Strategies for Nigerian Women-led Businesses
Telecom2 days agoMobile Money Transactions Accounted for $2 trillion in 2025
E-Business2 days agoNigeria, Finland Sign Cybersecurity Pact
E-Financial2 days agoMoneyMaster Enhances App, Rewards Users with Data and Airtime Bonuses
News1 day agoFrancis Okafor Stuns China, Emerges Second-Place Winner @ Tencent OpenClaw Hackathon