Telecom
Salt & Einstein, MTN Partner on Mobile Health Insurance Scheme
Salt & Einstein MTS, Mobile insurance services aggregator, MTN Nigeria and Nigerian National Health Insurance Scheme (NHIS), have announced a strategic partnership to launch a mobile-based universal health insurance service known as Y’ello Health.
This service, according to the trio will provide Nigerians affordable health insurance cover on a pre-paid basis, adding that through the Y’ello Health, mobile subscribers are able to opt into a micro healthcare insurance scheme through Health Management Organizations (HMO’s) using their mobile phones for a range of pre-defined medical treatments for which affordable premium can also be remitted through the subscribers’ mobile phone.
Dr. Femi Thomas, executive secretary and CEO of NHIS, speaking on the rationale behind the new partnership said, “MTN is a large player in the Nigerian economy, having a good number of registered Nigerians on its database. To be able to reach out to Nigerians, we at NHIS decided to partner with Salt & Einstein MTS and MTN on this new initiative to achieve “Universal Health Coverage” for Nigerians nationwide.
According to him, the time has come to extend health insurance to Nigerians from all walks of life.
Thomas said with Nigeria’s population in mind, NHIS in partnership with Salt & Einstein MTS and MTN is bent on providing more efficient health care service to those who indeed cannot afford good healthcare services, stressing that this this will help pull risk and share healthcare costs equitably across the population.
Dr. Ernest Ndukwe, executive chairman of Salt and Einstein MTS, bringing his vast experience in mobile technology and telecommunications in Nigeria to the table, identified the need to leverage the market penetration and unmatched reach of mobile telecoms in Nigeria. Statics reveal that mobile telecoms subscription in Nigeria is over 120 million.
This, Ndukwe noted creates adequate grounds for direct health insurance provision to Nigerians who without this would have no access to the National health Insurance scheme.
According to Lai Labode, managing director and chief executive officer of Salt and Einstein MTS, findings, show that, Nigeria still has less than four per cent of its population covered with basic health care at this time in our nation’s history.
“There is no disputing the fact that, one of the best things to do at this time is to come together, working with NHIS and of course, starting off with Nigeria’s leading telecommunications operator, MTN, to bring this health insurance cover to Nigerians who have been hitherto excluded from access to good health care service”.
“MTN has demonstrated that they are interested in the social good and welfare of Nigerians. We hope to create more products that benefit Nigerians across the country”. He enthused.
According to Omatsola Barrow, Sales & Distributions executive, MTN, “MTN’s motivation to partner on the health insurance initiative with the Salt & Einstein MTSand NHIS, is driven by the firm’s passion to reduce exclusion and social disparities by supporting government’s vision of delivering health care for all as well as to make health care mobile by integrating it into the MTN broader digital strategy”
According to Larry Annetts, chief marketing officer, MTN Nigeria, “the focus market for the Y’ello Health Cover are Nigerians who have no health insurance cover principally because they cannot afford the regular health insurance services in the market. These individuals like everyone else, need medical care.
“However, without access to insurance, they probably would be having occasional challenges paying for medical treatment, because such expenses would usually be without or at short notice. It is to take away this burden of impromptu medical expenses that we are partnering to introduce this product”.
He also asserted the importance of education and sensitization of the populace about healthcare and commended the NHIS for its drive to provide universal healthcare for Nigerians”, he stated.
Annets said the MTN Yello Health Insurance will enable customers visit the hospital twice monthly or up to seven times yearly to a maximum treatment cover of N80, 000.00 yearly.
According to him, this also gives access to over 6000 hospitals across the country currently registered on the NHIS scheme.
Telecom
Huawei Plans Data Centre in Nigeria to Boost Local Cloud Capabilities
Huawei Technologies, a Chinese information and communications technology (ICT) infrastructure provider, has unveiled plans to launch a significant new data centre in Nigeria, a move that is expected to bolster the country’s cloud infrastructure and support its growing digital economy.
This announcement was made by David Olaiya, head of Cloud Fintech Business Development for Huawei Nigeria, during Nigeria Fintech Week, in Lagos.
The new data centre is expected to strengthen Nigeria’s position as a hub for tech innovation in West Africa.
Scheduled to become fully operational by October 31, 2024, the facility, called ‘Cloud Site’ is designed to provide comprehensive data storage and computing services.
By keeping data within Nigeria’s borders, this initiative aims to align with the country’s data protection policies, which mandate that all user data be stored locally.
This is especially critical for sectors like finance and telecommunications, where data security is paramount.
Many Nigerian businesses, particularly those that have relied on international cloud services, often face compliance challenges when it comes to storing and processing sensitive user data.
These companies have had to send their data across borders, raising concerns about data security and regulatory adherence.
The launch of Huawei’s data centre aims to directly address these issues by allowing businesses to manage their data domestically, ensuring compliance with the Nigeria Data Protection Regulation (NDPR).
“This centre ensures data sovereignty, offering Nigerian businesses a competitive advantage by keeping sensitive information within the country,” Olaiya stated.
The launch of the data centre comes amid the growing influence of Huawei’s cloud services among Nigerian banks. Reports have emerged that major Nigerian banks including UBA Zenith Bank, Opay, First Bank and others are opting for Huawei’s cloud storage solutions, positioning it as a strong competitor to IBM, which has been a longtime leader in banking technology in Nigeria. The shift by these banks reflects the rising trust in Huawei’s cloud capabilities and its growing influence within the financial sector.
Olaiya also emphasized that the new centre will offer more than just local data storage. It is expected to significantly reduce latency, providing faster access to cloud services, which is crucial for real-time operations such as digital payments and mobile banking.
In addition to data compliance, he noted that the centre will be backed by local technical expertise, which will be key in providing timely support to Nigerian enterprises. Huawei plans to have a dedicated team on the ground, alongside its global 24/7 support infrastructure. This combination of local and global resources promises to deliver seamless service, enabling companies to troubleshoot issues more efficiently and reduce the risks associated with downtime or technical failures.
While this is a milestone for Huawei, Nigeria already hosts data centres from global tech giants such as Amazon Web Services (AWS) and Microsoft Azure.
However, Huawei’s entry into the local cloud landscape is poised to bring additional benefits.
The ‘Cloud Site’ will be part of Huawei’s extensive global network, which spans 93 availability zones in 33 regions around the world, including existing data centres in South Africa and Egypt.
The Nigerian data centre will be linked to Huawei’s other key locations, including facilities in Johannesburg, South Africa, and Dublin, Ireland.
This global integration is expected to not only serve as a critical resource for established businesses in Nigeria, but also to support Africa’s digital transformation in broader terms, creating new opportunities for startups, especially in sectors like fintech, e-commerce, and artificial intelligence (AI), where local data processing can drive innovation.
In a related initiative, Huawei Cloud announced in April 2024 its plan to support 100 Nigerian startups over the next two years.
This commitment includes providing these startups with cloud resources and technical assistance to help them scale their operations and bring new products to market.
Meanwhile, the Nigerian government has also demonstrated its commitment to data infrastructure, with plans to inaugurate a national data centre by May 2024.
This facility, which will have a storage capacity of 1.4 petabytes, is intended to securely store critical national data, including biometric information of Nigerian citizens.
Overall, Huawei’s entry into Nigeria’s data centre market is set to complement these efforts, further establishing the country as a regional leader in cloud computing and data services.
Telecom
NCC to Introduce Revised Governance Code for Sustainable Telecom Practices
Nigerian Communications Commission (NCC) is preparing to issue a revised corporate governance code, updating the 2016 version with a key focus on the introduction of mandatory sustainability reporting for telecom operators, according to Dr. Aminu Maida, executive vice chairman of the commission.
Maida said that the initiative is aimed at aligning the sector with global environmental, social, and governance (ESG) standards, promoting greater transparency and supporting sustainable development within Nigeria’s telecommunications landscape.
He, disclosed this during his address at the 2024 Annual Corporate Governance Conference in Lagos, State, themed “Corporate Survival and Sustainability: The New Face of Governance.”
The sustainability reporting involves organisations disclosing information about their ESG performance.
This practice provides stakeholders—including investors, customers, and regulators—with insights into how telecom operators manage risks and opportunities related to sustainability. Key components include reporting on carbon emissions, resource usage, labour practices, community engagement, and data privacy.
Maida emphasized the importance of sustainability in corporate governance, highlighting that “such practices are no longer optional but essential for the long-term success of telecom companies.”
He presented findings from a comprehensive NCC analysis evaluating corporate governance among telecom operators. Key indicators examined included board composition, diversity, effectiveness, ethical conduct, compliance, risk management, and corporate social responsibility.
The analysis revealed a strong correlation between effective governance and regulatory compliance, with companies not excelling in governance facing poor financial performance.
Telecom
Samsung Unveils New Galaxy A06 dubbed ‘Galaxy Wey Sabi’ Nigeria – Nigeria
Samsung Electronics has officially unveiled the latest addition to the popular Galaxy A series smartphones – the Samsung Galaxy A06.
Joining a fan favorite series and combining powerful performance with a sleek design, the Galaxy A06 offers customers and loyal A series fans unique features and premium experience at an affordable price.
The stylish Galaxy A06 is set to redefine what users expect from entry-level smartphones, offering cutting-edge technology without compromise.
Aptly, tagged “Galaxy Wey Sabi”, the Galaxy A06 stands out in the competitive category as it aims to resolve the customers’ needs in a smartphone with focus on durability, functionality, security, camera, and entertainment.
Users can enjoy capturing high-resolution photos with the 50MP rear camera, now equipped with Nightography for capturing the essence of every detail especially in low-light conditions. The 8MP front and 2MP (depth) cameras also provide crystal-clear selfies with advanced beautification features.
Spotting a slimmer design and comfortable grip, as well as a side fingerprint scanner, the new Galaxy A06 features a stunning 6.7” HD+ display, providing vivid colors and crisp clarity for an immersive viewing experience that delivers seamless visuals on the infinity-U display with enhanced brightness, especially for outdoor visibility.
Galaxy A06 – Galaxy Wey Sabi is truly a device, which understands your needs, equipped with a 5000mAh long-lasting battery, you can enjoy more device usage without worrying about battery life. The 25W Super-Fast Charging feature ensures up to 50% battery charge in just 30mins, meaning you are back in action quickly.
“The Samsung assurance is a promise, a trustworthy reliability in our Knox Security on this device, which protects your personal information by isolating your passwords and other private data within a secure environment,” said Stephen Okwara, Head Product Management, Samsung Electronics West Africa. “What also awesome about this is our promise of continuous OS upgrades and up to 4 years security update on this device. Isn’t that impressive from a brand that understands the needs of its customers?”
Also speaking at the Galaxy A06 launch event in Lagos, Oge Maduagwu, Head of Marketing, Samsung Electronics West Africa said: “We are excited to introduce the Galaxy A06, which brings together powerful performance, an advanced camera, and long-lasting battery life, all in a stylish and affordable package,” She added: “Also customers can enjoy premium support for their device with a screen damage insurance cover of just N9000.
Available in four stunning colors – Black, Blue Green, Lime and Silver – The Samsung Galaxy A06 will be available in Nigeria at all authorized Samsung Stores from 11th October 2024, with pricing starting at N146,000.
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