Telecom
Pantami Praises MTN for Appointing Nigerian CEO
Dr. Isa Pantami, minister of Communications and Digital Economy, says the government is pleased with the appointment of a Nigerian to lead MTN Nigeria, the country’s leading provider of telecommunications and ICT services, as well as the second largest company on the Nigerian Stock Exchange.
Pantami said this during a courtesy visit by Ernest Ndukwe, chairman, MTN Nigeria; Karl Toriola, CEO-designate, and Tobechukwu Okigbo, chief corporate services officer.
The primary aim of the visit was to officially introduce the CEO-designate to the Minister, as well as demonstrate commitment to the MTN Nigerianization Agenda – an initiative of the MTN Group, which is geared at increasing local participation in the company’s top management as well as promote local content.
MTN currently employs over 19,000 Nigerians and contributes at least 4.5% to the country’s GDP, according to its 2018 financial reports.
According to Ndukwe, plans are underway to give Nigerians more access to the MTN opportunity.
“In spite of the current limitations, we are working with stakeholders to increase local ownership of MTN Nigeria and at the same time increase equity in Nigeria’s capital markets,” he added.
Pantami also praised MTN Nigeria for its corporate social investment activities through the MTN Foundation, which has transformed several lives and communities. MTN Foundation has invested over 22 billion Naira in several initiatives across the country in 16 years.
The Minister reaffirmed the commitment of the Federal Government towards providing an enabling environment for the telecommunications sector to thrive, with the ultimate goal of ensuring the satisfaction of Nigerians.
He stated, “The priority of this government is the security and welfare of its citizens and as much as we are committed to making our economy business-friendly for investors, we will always put the satisfaction of our citizens as priority”.
In response, Toriola, a graduate of Electronic and Electrical Engineering from Obafemi Awolowo University who has spent 14 years at MTN and was until recently Vice President for West and Central Africa, praised the Minister for his leadership and innovation in the telecommunications sector which has seen to the development of the National Broadband Plan 2020 – 2025 and the Digital Economy agenda.
He restated MTN’s commitment towards complying with the policies introduced by the government and maintaining continuous partnership with relevant stakeholders for the advancement of the digital economy.
“We will key into any government policies and initiatives and are willing and open to any collaborations and partnerships that will further advance the digital economy cause,” Toriola stated.
Airtel Africa reported a profit after tax of $376 million for the half year ended September 30, 2025 as compared to $79 million in the corresponding period last fiscal, benefitting from a $90 million gain largely arising from Nigerian naira appreciation during the current quarter (Q2’26) and the Central African franc (CFA) appreciation during the previous quarter (Q1’26).
Revenues at $2,982 million for the reported period saw strong growth as compared to $2,370 million in the six months of the last fiscal, rising 24.5% in constant currency and 25.8% in reported currency.
The company said constant currency revenue growth reflects the consistent execution of its strategy, supported by tariff adjustments in Nigeria and continued strong growth momentum in Francophone Africa.
“Our strategy has been focussed on providing a superior customer experience and the strength of these results is testament to the initiatives that we have been implementing across the business,” Sunil Taldar, chief executive officer of the company said in a statement.
He said the company has been scaling the network to build additional capacity to facilitate the rise in both digital and financial inclusion.
“The increase in smartphone penetration to 46.8% reflects the substantial demand for data services across our markets but also highlights the scale of the opportunity to further develop the digital economy,” Taldar said.
Capex for the period stood at $318 million. “We have increased our capex guidance for FY’26 to between $875m and $900m – from ‘between $725 million and $750 million’.
This reflects our decision to accelerate our ability to capitalise on the significant growth opportunity that is available across the region, as is reflected by these strong H1’26 results,” the company said.
During the period, the company continued investments in network with the rollout of over 2,350 new sites to over 38,300 sites and an expansion of its fibre network by approx. 4,000 kms to over 81,000 kms.
Vitel Wireless Limited, a GSM second level operator, licensed by the Nigerian Communications Commission (NCC) is set to begin nationwide operations on October 30.
Kenneth Nwabueze, Chairman and CEO of Vitel Wireless
Themed “Blue is Here,” the launch event will unveil E-SIMs, physical SIMs, and smart connectivity solutions for individuals and businesses
With the tagline “Everything Connected,” Vitel aims to redefine communication in Nigeria through innovation, speed, and trust.
In a statement earlier, Vitel Wireless, said it combines reliability with innovation, leveraging cutting-edge technology to deliver seamless connectivity and intelligent solutions across the country.
“The company’s services go beyond communication — they integrate safety, mobility, and smart systems to enhance how individuals, businesses, and communities connect,” the statement reads.
According to Engr Kenneth Nwabueze, executive chairman, Vitel Wireless, at the heart of the telco’s mission is a bold vision to redefine mobile communication through technology that not only connects people but also protects them.
He highlighted the features saying the device is embedded with IoT-driven devices, smart logistics solutions and AI-powered safety analytics.
“Vitel Wireless is more than a telecom brand — it’s a movement toward a smarter, safer, and more connected Nigeria. Our goal is to bridge technology and humanity, using mobile innovation to improve lives, empower businesses, and strengthen national security,” Engr. Nwabueze said.
He stated that the Vitel Wireless team has interconnected with all major Mobile Network Operators (MNOs) in Nigeria, including MTN, Airtel, and Glo, and has a roaming agreement with MTN for nationwide rollout, extending Vitel Wireless coverage as one of the largest networks in Nigeria.
“Vitel Wireless has partnered with NCC and various law enforcement agencies to define and support key regulatory frameworks that now govern the nation’s telecom space in personal and public safety,” he said.
He added that the value added service includes Xphone -free phone calls and low international calling rates, SecureMe -location awareness solution for personal safety, Oga-App -employment enhancement and performance tool, ISEEYOU -AI-based CCTV with real-time alerts, AssetNow -LBS/GPS-based asset tracker, and many more.
“Vitel Wireless’s nationwide rollout signals a new era for the telecom industry — one where connectivity meets intelligence, and technology serves both purpose and people,” Nwabueze added.
MTN Nigeria Communications Plc, in collaboration with the Worldwide Fund for Nature (WWF) through the Nigerian Conservation Foundation (NCF), and the United Nations Development Programme (UNDP) Nigeria, has announced the shortlist of 100 young Nigerian innovators for the second phase of the 2025 Nigeria PachiPanda Challenge.
The initiative, launched in 2024, is aimed at fostering home-grown solutions to Nigeria’s most pressing environmental challenges, including climate change, pollution, community conservation, and sustainability.
According to a joint statement by the organisers, the top 100 were selected from a pool of 2,169 applications received nationwide. The selection process involved a rigorous multi-stage evaluation conducted by 20 expert assessors, guided by a robust framework to ensure fairness and consistency.
“The shortlisted innovators represent the brightest minds committed to environmental resilience,” the statement read. “Their solutions span high-impact sectors and are designed to address both national and continental environmental issues.”
The PachiPanda programme offers participants access to mentorship, technical workshops, seed funding, and a network of industry experts. The next phase will see a further evaluation to determine the Top 10 finalists, who will be unveiled ahead of a three-day sprint pitch and masterclass event scheduled for November 2025 in Lagos.
During the event, finalists will undergo intensive training to refine their business strategies and enhance their solutions for broader impact. Winners of the Nigeria PachiPanda Challenge will advance to the continental Africa PachiPanda Contest, where they will compete with other national champions.
Nigeria CommunicationsWeek reports that the programme underscores MTN Nigeria’s commitment to eco-entrepreneurship and environmental sustainability, empowering youth-led enterprises to drive green innovation across Africa.
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