Telecom
SOLAD Partners Quickteller, Paypoint to Expand its Digital Power Offering to Agent Banking Providers

Solad Power Group has joined the Interswitch Financial Inclusion Services Limited agent banking network, known as Quickteller Paypoint as a sub-agent.

The move enables Solad to digitise collections and provide existing energy customers with a broader range of financial services, as part of the company’s strategy to build a fully integrated digital power-as-a-service network.
Solad will progressively integrate its sites into the agent network, beginning with its operations in Ogun State, digitising the customer experience and using power supply as the foundation on which Solad customers will be able to pay for more than 5,000 different services at Solad customer service centres. Services will include cash-in cash-out, bill payments, and other agent network related activities.
As more Solad sites go live, they will be added to the Quickteller Paypoint network ensuring that these services are available to all Solad customers.
Commenting on the agreement, SOLAD Power Group Nigeria CEO Yewande Olagbende said: “Solad has connected more than 10,000 small businesses with reliable, affordable power and we can now begin to supplement the customer relationship by providing additional value added services in some of our locations.
“This is part of our long term ambition to build a fully integrated digital power-as-a-service network that is able to develop and deliver a range of services alongside our power distribution infrastructure. We look forward to rolling out more sub-agents as our network of projects expands. ”
Expanding on SOLAD’s digital service ambitions, SOLAD Power Group CEO Denis O’Brien said: “SOLAD has a unique proposition, in that we are delivering innovative power solutions using clean energy to communities that desperately need it, but we recognise that power alone is just the beginning.
“By digitising the customer service experience and integrating into other service providers we can use power supply as the entry point through which a wide range of digital service propositions can be provided.
“The more we learn about our customers’ needs and preferences, the better we will be able to design and deliver service propositions that meet their unique circumstances.
“Our pilot site in Ogun state, in partnership with Interswitch, is our first step in delivering these connected services. We have a firm belief that a mobile led approach will help thousands of business owners across our platform.”
Welcoming SOLAD to the Quickteller Paypoint platform, Titilola Shogaolu, Divisional CEO at IFIS stated that the addition of SOLAD helps IFIS unleash its value proposition to the energy sector especially mini-grid and off-grid segments.
Payments and collections have become more convenient for both agents and customers alike. “We are excited about the partnership with SOLAD and believe that with our platform, customers utilizing SOLAD services nationwide in the long term will enjoy seamless ways to pay for electricity services”, she said.
Solad has existing expansion plans to install mini-grid solutions in 12 more markets across the South West of Nigeria over the next 2 years, adding more than 20,000 small businesses to its network.
The company is a participant in Nigeria’s Rural Electrification Agency (REA) Mini Grid and SHS component under the World Bank backed Nigeria Electrification Project (NEP).
Established in 2017, SOLAD is an investor in and operator of distributed energy solutions that deliver clean, reliable, and affordable power to unconnected, or underserved businesses, services, and homes.
We believe that delivering clean, reliable and affordable power to the hundreds of millions of African households, service providers and businesses that are currently not connected to, or are under-served by the grid, has the potential to have an unrivaled social, economic and environmental impact on the continent, catalyzing growth and driving inclusion.
IFIS is a licensed Superagent by the Central Bank of Nigeria. It is the subsidiary within Interswitch Group that has the mandate to accelerate and deepen financial inclusion in the country by acquiring agents nationwide that will deliver electronic payment services to meet the needs of the unbanked, under-banked populace in the country.
IFIS partners with financial service providers, merchants, billers, and other organizations across various industry verticals with the aim of increasing their efficiency and outreach through its network of human service interfaces (agents) who render financial, non financial, social services transactions at their respective locations via the Quickteller Paypoint brand.
Telecom
NIGCOMSAT Supports Startups Growth with the Launch of Accelerator 3.0

The Nigerian Communications Satellite Limited (NIGCOMSAT) has unveiled Accelerator Cohort 3.0 as part of efforts to strengthen Nigeria’s space technology ecosystem and support the growth of local startups.

The initiative will be a major highlight of the 2026 Nigerian Satellite Week scheduled to hold on March 30 and 31 in Abuja, where key players in the satellite and digital infrastructure sectors are expected to converge.
In a statement signed by Stephen Kwande, the Head of Corporate Communications, the company described the new accelerator as its most direct investment in building long-term competitiveness within Nigeria’s space economy.
According to NIGCOMSAT, the programme is designed to support early-stage ventures working across satellite applications, last-mile connectivity, agriculture, logistics and other areas where space-based technology can drive impact.
The company said previous cohorts of the accelerator had already contributed to developing innovative solutions and building the human capacity needed to position Nigeria for the next phase of the global space industry.
“With Cohort 3.0, we are making it clear that the accelerator is not a pilot project but a permanent feature of how Nigeria develops its space-tech companies,” the statement said.
NIGCOMSAT noted that the Nigerian Satellite Week has grown into a major platform for policy discussions, partnerships and investment in the sector.
The 2026 edition is expected to attract top government officials, defence leaders, development finance institutions and technology entrepreneurs from across Africa.
Jane Egerton-Idehen, managing director of NIGCOMSAT, said the event also marks two decades of Nigeria’s journey in the space economy.
“Twenty years ago, Nigeria took a bold step to secure its place in space. What we are seeing today is the result of consistent effort and vision,” she said.
She added that the company is focused on shaping the next phase of growth through innovation, partnerships and investment in local talent.
NIGCOMSAT also highlighted recent milestones, including a Low Earth Orbit connectivity partnership with Eutelsat, improved revenue performance and increased global recognition in satellite operations.
Other activities lined up for the event include a Startup Demo Day, where selected African startups will pitch their ideas to investors, and a stakeholders’ forum to discuss policies and infrastructure needed to scale Nigeria’s satellite economy.
The company said the initiative reflects the growing role of satellite technology in national development, particularly in areas such as communications, security and digital services.
NIGCOMSAT, established in 2006 and wholly owned by the Federal Government, provides satellite-based services including telecommunications, broadcasting and broadband across Nigeria and parts of Africa.
Telecom
FG Unveils Digital Economy Research Fund Scheme

The Federal Government has unveiled a N12bn Digital Economy Research Fund aimed at strengthening evidence-based policymaking and supporting Nigeria’s long-term digital transformation agenda.

Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, disclosed this in a statement issued on Saturday, announcing the launch of an expression of interest for the National Digital Economy Research Clusters.
“Today my heart is filled with deep joy as we announce the Expression of Interest for the National Digital Economy Research Clusters, a N12bn research funding scheme designed to place ideas, evidence, and research at the centre of Nigeria’s digital transformation,” the minister said.
According to him, the programme is being funded under Project BRIDGE, a federal initiative to deploy 90,000 kilometres of fibre optic backbone infrastructure across Nigeria to expand connectivity and enable a modern digital economy.
“This programme is being funded under Project BRIDGE, our initiative to deploy 90,000km of fibre optic backbone infrastructure across Nigeria to expand connectivity and enable a modern digital economy,” he said.
The minister noted that as the government expands digital infrastructure nationwide, research-backed approaches are required to ensure inclusive benefits.
“As we deepen our digital infrastructure coverage, thoughtful, evidence-based approaches are required to be deployed in society to ensure everyone benefits from this significant investment,” he added.
He observed that digital policy decisions are often shaped by market forces and political cycles rather than rigorous research and long-term thinking. “Too often, the ideas shaping digital policy come predominantly from markets and political cycles rather than from research, evidence, and long-term thinking,” the statement said.
Under the initiative, six national research clusters will be established across key pillars of the digital economy, including connectivity and meaningful use; digital public infrastructure and government services; digital skills and human capital development; digital economy and jobs; online trust and consumer protection; as well as artificial intelligence and emerging technologies.
The clusters will be led by up to 36 professors drawn from Nigerian universities, working alongside international academic partners, with more than 200 researchers, including postdoctoral fellows and PhD candidates, expected to generate policy-relevant research.
“For me, the goal goes beyond research output. We are looking for better policies that lead to stronger institutions and a more prosperous society,” the minister said.
He described the initiative as one of the ministry’s most meaningful programmes, noting that it is intended to produce ideas that will outlast any single administration. “Because nations that lead the future are not simply those that deploy infrastructure; they are the ones that cultivate ideas,” he said.
The ministry invited academic and research institutions interested in participating to review the Terms of Reference released alongside the EOI and submit proposals to lead or collaborate within the national research clusters.
It added that a press conference would be held in the coming week to provide further details and engagement opportunities for vice-chancellors and research institutions across the country.
Telecom
NCC Cracks Down: Telcos to Refund Users for Network Disruptions

Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) to compensate subscribers experiencing poor network service across the country.

The Commission said the directive was part of efforts to ensure that consumers are not made to bear the burden of service failures when operators fall short of required standards.
Under the new regulation, telecom operators will be required to provide compensation directly to affected subscribers for breaches of Quality of Service (QoS) Key Performance Indicators (KPIs).
According to the NCC, the compensation will be issued in the form of airtime credits, calculated based on subscribers’ average usage and their presence within specific Local Government Areas where service disruptions occur.
The Commission emphasised that telecommunications services remain critical to economic activities, social interactions, and access to digital opportunities, noting that poor service delivery negatively impacts productivity and public confidence.
It explained that while regulatory fines have traditionally been used to sanction operators, the new approach prioritises consumer protection and strengthens accountability within the telecommunications sector.
The NCC added that the measure would complement existing efforts to monitor service quality and enforce compliance with performance standards.
In addition, the Commission directed tower companies responsible for telecom infrastructure, such as network masts, to reinvest fines imposed on them into infrastructure upgrades with measurable outcomes.
The regulator reiterated its commitment to ensuring that operators invest in network resilience, expand capacity, and improve infrastructure to meet growing demand.
It also pledged to continue deploying regulatory mechanisms that promote fairness, transparency, and accountability across the industry, while ensuring that subscribers receive the quality of service they deserve.
General News3 days agoAnti Graft Agencies Raise Alarm over Rising Crypto-Linked Financial Crimes
E-Business3 days agoNITDA Takes Over National Digital Architecture System
E-Financial1 day agoCBN bars large‑ticket loan defaulters from banking services in tough new crackdown
General News1 day agoARN Rejects Medical Bill over Attempt to ‘Scrap’ Profession
Telecom1 day agoNIGCOMSAT Supports Startups Growth with the Launch of Accelerator 3.0
News1 day agoMeningitis Kills a Quarter Million People a Year -Study
Telecom1 day agoFG Unveils Digital Economy Research Fund Scheme
News1 day agoStakeholder says AI is Crucial to Nigerian Data Centres Amid Persistent Grid Collapse


















