Telecom
Nigeria Telecoms Sector Investments Now Worth $32-Juwah
Nigerian Communications Commission (NCC) has disclosed that the investment volume in the nation’s telecommunications industry is estimated at $32billion with 9.2 per cent to the country’s GDP.
Dr. Eugene Juwah, NCC’s executive vice chairman, said this in Lagos at the 2014 Telecoms Executives and Regulator forum, organized by the Association of Telecommunications Companies of Nigeria (ATCON).
According to Juwah, the sector which about four years ago contributed 4.56 per cent to GDP has increased its contribution significantly.
He noted that the telecommunications sector has become a major enabler for other sectors of the economy in the country.
Juwah said the completion processes for the InfraCos is being delayed because the foreign consultants hired for the implementation processes are scared of coming to Nigeria because of Ebola.
He said: “However, I shall be travelling out soon to meet them. We are hoping to complete the process as soon as possible. Remember we are starting with Lagos and the North East. The InfraCos will help strengthen Nigeria’s broadband drive.”
Earlier in a welcome address, Lanre Ajayi, ATCON president said that the forum remains one of ATCON’s growth initiatives for the telecom industry in Nigeria.
“Specifically”, he said, “it is designed for the purpose of creating a veritable opportunity for key industry players to interact with the industry regulator, with the aim of building a continual good working relationship between industry players and the regulator.
“It is also aimed at creating a platform for the regulator to update the industry on the regulatory direction and plans for the industry in the coming years. This hopefully, would enable industry stakeholders to understand how best to cooperate with the regulatory agency in ensuring the effectiveness and success of policies and regulations in the industry.
“Furthermore, the forum is designed as an avenue for the requlator to receive feedback from the industry with a view to understanding the challenges and prospects industry players have to grapple with and explore to ensure sustained growth of the industry”.
To a large extent, participants brainstormed on measures that would accelarate the rapid expansion of telecommunications services across the federation in the years ahead.
Ajayi said that ATCON member strongly believe in knowledge sharing that will further stimulate the accelerated development of our industry.
“Ultimately, we need to succeed in further winning the confidence of the international community to see Nigeria as a preferred investment destination in Africa. This is why we consider it a worthwhile venture to continually engage ourselves in programmes that would enable us advance the frontiers telecommunications/ICT in Nigeria.
“We congratulate the Nigerian Communications Commission for its excellent regulatory role which has put the Nigerian telecom sector on the world map. We also express our sincere gratitude to all our sponsors and supporters. We immensely appreciate all the resource persons for their contributions, and of course, all the participants for creating time out of their busy schedules to be in this forum”, Ajayi said.
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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