Telecom
Nigeria’ll Have Africa’s Highest 5G Subscriber Base by Year End- Pantami

Nigeria would have the highest number of subscribers of 5G technology in Africa by the end of 2022, according to Isa Pantami, minister of Communications and Digital Economy.
Pantami also disclosed that the Federal Government had approved the national policy for the fifth generation network to boost new technology and Nigeria’s digital economy at large.
The minister stated this at the closing of the 2021 service-wide capacity building programme on e-government in Abuja.
“If you look at our ranking, Nigeria has the biggest digital economy in Africa. Nigeria has the biggest ICT sector in Africa. Nigeria has the highest number of phone users in Africa. Nigeria has the highest number of internet subscribers in Africa,” the minister added.
“Now, the Federal Government has approved the national policy for the fifth generation for the Nigeria digital economy. By the end of 2022, I do hope that we will have the highest subscribers of 5G in Africa.” He said.
Pantami further stated that the National information technology development agency (NITDA), carried out about 499 Information Communication Technology (ICT) projects estimated at N152 billion in 2021.
The NITDA serves as the clearing house for IT projects in Nigeria. The agency is mandated to clear all IT projects in line with the policy objectives of the Federal Government to maximise transparency and accountability.
According to Pantami, the government’s commitment to spending on digitalisation for government services is evident in the amount cleared in 2021 projects, worth N152 billion compared to 2019 projects worth N9 billion.
“To show to us the level of the implementation of the government’s digital services in the country, from January to December 2021, NITDA, on behalf of the government, has approved the execution of 499 projects. However, the approved projects include the backlog of 2020 and 2019,” Pantami said. The Minister added that the federal government had approved 16 national policies for the ICT digital economy.
Also speaking at the event, Kashifu Abdullahi, director-general of NITDA, said the Federal Government trained 1,376 civil servants from 48 ministries, departments and agencies on ICT between November 2020 and December 2021.
Telecom
MTN Nigeria Unveils CPaaS Platform to Transform Business Communication

At the recently concluded NextNow Business Forum in Victoria Island, MTN Nigeria electrified the business community with a live demonstration of its forthcoming Communication Platform as a Service (CPaaS), a solution engineered to redefine how Nigerian enterprises connect with their customers.
Unlike traditional communication systems, MTN’s CPaaS is built for the realities of a mobile-first market. The platform unifies SMS, voice, WhatsApp, email, and more into a single, intuitive interface. This approach is especially significant in Nigeria, with over 107 million internet users, 45.4% of the total population, according to Data Report. This figure underscores the necessity for businesses to meet customers where they are.
During the demo, attendees witnessed how CPaaS enables two-way, real-time conversations between brands and customers. The platform’s support for rich media, instant analytics, and seamless integration with business workflows drew particular attention. These features are designed to empower businesses with data-driven insights and the agility to personalise every interaction, whether it’s a service notification, marketing campaign, or customer support exchange.
Akinbulejo Onabolu, Head of Enterprise Segment at MTN Nigeria, articulated the vision: “CPaaS gives enterprises the flexibility to interact with their customers on their preferred platforms; whether it’s chat, voice, or messaging, in a way that feels personal and immediate. We’re looking forward to the value this will unlock for businesses across industries once it launches.”
The fireside chat added depth to the conversation, with Omowunmi Olatunbosun, Head of SME Segment at MTN Nigeria, and Stephen Agbi of Bayobab, highlighting how digital engagement bridges the gap between businesses and audiences.
They emphasised that today’s consumers demand immediacy, relevance, and ease, qualities that CPaaS is built to deliver.
The stakes for digital transformation in Nigeria are high. In a report by Punch, the country’s enterprise tech market is projected to reach $22 billion by 2027, reflecting a surge in demand for scalable, cloud-based solutions that drive efficiency and customer loyalty.
The CPAAS Acceleration Alliance have estimated that globally, the CPaaS market is expected to grow from $14.7 billion in 2025 to $72.4 billion by 2035, at a compound annual growth rate of 18.4%, a testament to the platform’s transformative potential.
The event’s closing keynote from META’s Korhan Yunak reinforced the strategic value of digital channels like WhatsApp, which are now indispensable for business communication and engagement at scale.
As MTN Nigeria prepares for the Q3 2025 launch, the anticipation is unmistakable. With its promise of flexibility, intelligence, and seamless integration, MTN’s CPaaS platform is set to become the backbone of next-generation business-customer engagement in Nigeria, enabling enterprises to not just communicate but to connect, adapt, and grow in a digital-first era.
Telecom
MTN Mulls Establishment of Fintech Firm in Nigeria, Others

MTN Uganda is seeking input from stakeholders on a plan to structurally separate its mobile money service, MoMo, from its core telecoms business.
According to the company, the proposed change will be discussed at the upcoming extraordinary general meeting on July 2.
If approved, the telco’s fintech business will be run by a new company controlled by MTN Group Fintech Holdings B.V. and a trust benefiting minority shareholders following a merger.
Additionally, the restructuring also aligns with MTN Group’s ambition 2025 strategy which aims to unlock value, attract new investors, and strengthen regulatory compliance by creating standalone fintech entities in Uganda, Ghana, and Nigeria.
The company’s fintech division has over 13 million customers, with an 18.4% revenue increase in the first quarter of 2025, driven by 19.0% growth in mobile money services, 19.8% growth in transaction volumes, and a 31.4% increase in transaction value.
Reports say the decision is part of the telco’s compliance with the National Payment Systems Act 2020, which mandates mobile money businesses to operate as standalone entities, and to align with MTN Group’s regional fintech strategy.
MTN Uganda, which is led by CEO Sylvia Mulinge, highlighted that the implementation of the proposed transaction will be subjected to a number of conditions and regulatory procedures.
“The implementation of the proposed transaction shall be subject to a number of conditions, including the company and MTN MoMo receiving all required regulatory approvals and no-objections and complying with any regulatory conditions,” said MTN Uganda in notice.
Telecom
Netflix Expands European Presence with €1 Billion Investment in Spain

Netflix has announced plans to invest more than €1 billion in Spanish film and television productions over the next four years, reinforcing its commitment to Spain as a key creative hub in Europe.
The announcement was made by co-chief executive Ted Sarandos at an event held at Netflix’s production studios near Madrid, celebrating the company’s 10-year presence in the country.
Sarandos emphasized that the investment would contribute significantly to Spain’s economy, create jobs, and enable the streaming platform to produce more local content. He was joined by Spanish Prime Minister Pedro Sánchez in unveiling the initiative.
Netflix first established its international production studios in Madrid in 2019, following the success of the Spanish-language hit series Money Heist.
Since then, its 22,000-square-meter facility has become one of Netflix’s major production centers within the European Union.
The company currently supports over 20,000 jobs in Spain, highlighting the nation’s growing influence in global entertainment.
The investment reflects Netflix’s ongoing strategy to expand its presence in European markets through original content and local talent.
- General News3 days ago
AfDB to Provide $184.1mfor Africa’s Largest Solar Energy, Battery Storage Project
- General News3 days ago
Court Declines Access Bank’s Request to Freeze MTNN Account over N180Bn Claims
- News3 days ago
Report Reveals New Malware Posing as an AI Assistant Steals User Data
- Telecom3 days ago
MTN Mulls Establishment of Fintech Firm in Nigeria, Others
- E-Business3 days ago
FG Mulls Fibre Optic Layout to Bridge Internet Gaps
- News3 days ago
Aliko Dangote Signs out @ Dangote Sugar Refinery as Chairman
- E-Financial3 days ago
FG to Train 100,000 Youths Annually in Forex Trading and Financial Skills
- E-Financial2 days ago
Sterling Bank Pledges ₦2bn to Fully Fund University Scholarships