Telecom
Nigerians Won’t be Forced to Use 5G Technology- NCC

Nigerian Communications Commission (NCC), has said that telecoms subscribers in the country would not be forced to use 5G technology, touted as capable of delivering higher multi-Gbps peak data speed when launched.
And while spectrum for 5G is expected to be auctioned by the last quarter of the year, the Commission has hoped that by 2025, urban centres in Nigeria would have been 5G enabled.
Prof. Umar Danbatta, executive vice chairman, NCC, revealed this in Lagos, at the Industry Consumer Advisory Forum (ICAF) Quarter Meeting and Open Forum 2021.
He said Nigeria could not be left behind in the deployment of the technology.
Danbatta, who was represented by Efosa Idehen, director, Consumer Affairs Bureau, said the 5G communication technology is the next evolution of the mobile communications technology, which is capable of creating new opportunities for growth in the economy by enabling new and dynamic business models and opening up new opportunities and markets.
He stressed that the technology also provides tremendous improvements in interpersonal communications with several innovations and services.
There is no doubt that this “new era of survival” after the COVID-19 pandemic has nudged Nigeria to accelerate technological innovations and the development of emerging technologies.
Danbatta said he is particularly gratified that the ICT sector has been exemplary in advancing growth without breaching official protocols instituted to manage the spread of the pandemic.
“It is indeed noteworthy that the NCC has been consistent and profound in instituting regulatory measures that will promote 5G deployment,” he said.
According to Danbatta, as a precursor to the commencement of commercial deployment of 5G network in the country, the NCC submitted a 5G Development Plan (5GDP) to the Federal Government for final approval towards effective deployment of the technology to cover major urban areas by 2025.
He explained that the Plan is to ensure efficient assignment of spectrum for deployment of 5G technology; create an enabling environment for investment in the industry; ensure the security of the 5G ecosystem and the protection of data; as well as ensure that international best practices and globally-accepted standards and specifications are entrenched in Nigeria’s 5G ecosystem.
Gbenga Adebayo, chairman, Association of Licensed Telecoms Operators of Nigeria (ALTON), and lead paper presenter, said the fact that earlier generations of technology have not been fully utilised does not mean the country shouldn’t deploy new technologies.
Adebayo, who said 5G has come to stay in the country, again, debunked claims that the technology has anything to do with COVID-19 or cancer. He said conspiracy theories about mobile phone technology have been circulating since the 1990s, and have long historical roots.
According to him, expert opinion issued by authorities such as the WHO, GSMA and ICNIRP have affirmed that base station signals and radiation are non-ionising and do not pose a risk of predisposition to cancer or any other disease.
He said the International Agency for Research on Cancer (IARC) noted that there is limited evidence that radio frequency signals could cause cancer in humans.
Ahead of planned deployment, the ALTON boss said the Federal Government, mobile network operators (MNOs) and the NCC have a responsibility to drive awareness on the benefits of the deployment of 5G.
According to him, this awareness involves sensitisation of citizens through different forums such as ICAF.
He said: “Awareness also involves the Federal Government actively participating in regional and global engagements on the deployment of 5G to ensure that we stay abreast of developments and best practice, e.g. the 2020 updated guidelines of the ICNIRP.”
Telecom
Crypto Exchange MEXC Rolls Out P2P Support for Naira, Birr, and Rupee

In a strategic move to deepen its presence in emerging economies, global cryptocurrency exchange MEXC has launched peer-to-peer (P2P) trading support for three new fiat currencies — the Nigerian Naira (NGN), Ethiopian Birr (ETB), and Pakistani Rupee (PKR). This expansion reflects the company’s increasing focus on localising crypto access in high-growth, underbanked regions.
The addition of NGN, ETB, and PKR to MEXC’s P2P platform enables users in Nigeria, Ethiopia, and Pakistan to trade major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC) directly with their local currencies.
The trades come with zero transaction fees, in line with MEXC’s strategy to lower entry barriers for users and encourage grassroots participation in the digital asset economy.
The update is more than a technical expansion — it underscores MEXC’s recognition of Africa and South Asia as rising crypto frontiers. Nigeria, often cited as one of the world’s fastest-growing crypto markets, and Ethiopia, where digital finance is beginning to surge amid reforms, represent key territories for crypto adoption. Similarly, Pakistan’s growing youth population and fintech appetite offer strong potential for crypto-enabled financial inclusion.
To support the rollout, MEXC is actively onboarding new merchants to its P2P platform. Merchants benefit from zero transaction fees, dedicated customer support, a special verification badge, and invitations to exclusive community events. The goal is to nurture a local network of verified sellers and buyers who can facilitate seamless and trusted crypto trades.
P2P trading — which allows users to transact directly without third-party intermediaries — is especially relevant in markets where banking infrastructure is either insufficient or heavily regulated. By bypassing traditional systems, P2P provides a lifeline for users seeking stablecoins, alternative stores of value, or more flexible remittance solutions.
This latest expansion signals MEXC’s intent to compete aggressively for market share in underserved territories while enabling more users to access and benefit from Web3 technologies. As global exchanges race to localise their services, MEXC’s early moves into fiat integration may prove pivotal in shaping the next wave of crypto adoption across the Global South.
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.
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