Telecom
Nigeria Mobile Market to Hit 168n By 2017- Informa & Telecom
Nigeria’s mobile subscription which recorded a milestone 107.3 million by end of September 2012 is expected to reach a threshold 168.99 million by 2017 that is five years from now according to the latest industry statistics released by Informa & Telecom, the UK based industry analysts.
Nigeria’s ICT sector was recently acclaimed as the fastest growing sector of the country’s economy with a 30 per cent growth in 2012; contributing 5.83 per cent to the nation’s GDP.
Teledensity is now 76.69 by end of Q3 2012.
Informa & Telecom noted that the overall African market is expected to reach climax 761 by end of 2012 is expected to cross the one billion milestone by 2017.
Nigeria also has one of the biggest 3G network roll-out in the continent with a number of operators moving 3.7G which are also major drivers of broadband penetration.
Commenting on the release , Dr. Samsudeen Kayode, senior economics lecturer at the Lagos State University (LASU), told Nigeria CommunicationsWeek that “Nigeria’s mobile market will continue to flourish and drive foreign direct investment (FDI) inflow into the economy for a long time to come”
Kayode attributed the steady growth in the telecom market to the dearth in telecommunications infrastructure in the country.
Nigeria currently hosts four major undersea fibre cables; unfortunately their presence is not felt outside of the commercial capital, Lagos due operators’ inability to link them to the hinterlands. Most of the regions outside Lagos are under-served by broadband connectivity.
Most mobile subscribers depend on smartphones for internet connections due to long years of neglect of the telecom sector by successive administrations in the country.
“I am hopeful that the projected 168 million could be surpassed before 2017,” said Dr. Kayode.
He noted that the country’s market has been grossly undermined by Western economic analysts because of a lack of proper grasp of the Nigerian situation.
Early in the year a Nigeria operator, Globacom (Glo mobile) was the first to test run LTE but has failed to give further insight into its official commercial take-off date. It also currently operates a 3G plus network across the country.
Others like MTN, Airtel and Etisalat also operate either 3.5G or 3.7G networks to drive mobile data services.
MTN leads the market with over 42 million subscribers controlling market share by over 46 per cent. Glo mobile and Airtel have 22 per cent and 20 per cent respectively.
Kayode attributed the growth to the huge youth market, which he also sees as driving the smartphone segment.
“Population figures indicate that people under- 40 are more than those above 40 years, so you can understand that the Nigerian market has more than enough capacity to grow exponentially. We will see this market trend continue for another 10 another” the University don stated
With the introduction of Travel Saga, a premium, fast-paced gaming experience that is currently live and accessible to customers on its network, Globacom has lifted the bar for mobile entertainment in the country.
Travel Saga is a story-driven, intricately connected role-playing game designed to provide the thrill, complexity, and competitive intensity of some of the most well-known action games in the world.
The game, which has been painstakingly optimized for mobile devices, redefines mobile gaming as a full-fledged digital battlefield by translating a console-grade experience onto data-enabled handsets.
Fundamentally, Travel Saga takes users on quick virtual journeys against recognizable international landscapes. In a dynamic, ever-evolving gaming environment, players are thrown into furious missions, fierce fights, and ever-expanding tales where talent, strategy, and endurance determine who rises through the ranks to become a true war hero.
In addition to the excitement of fighting, users are encouraged to go to various locations, take part in thrilling challenges, and participate in intense competition for in-app rewards like points and victory badges. With each encounter and accomplishment, the immersion increases with each level, maintaining momentum and excitement.
Flexible subscription plans with one-time or auto-renewal choices are available to subscribers for the service, which costs ₦100 per day and ₦250 per week. By dialing *70021#, customers can quickly subscribe and gain instant access to the action.
With Travel Saga, Glo reaffirms its dedication to innovation and high-end digital experiences, making top-notch gaming easily accessible to its customers. The game offers uninterrupted action, adventure, and competition, all smoothly supported by the Glo network.
SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.
SHELT
The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.
SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.
“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”
The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.
Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.
Dina Powell McCormick
The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.
A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.
Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.
The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions
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