General News
Solo Phone Leverages Digital Contents & Services for Growth- Ogundipe
Tayo Ogundipe, is co-founder of Solo, an experience-driven digital content and smartphone company focused on delivering the best content and services on the mobile platform to African consumers.
Ogundipe, a Nigerian-born, former senior global executive with HTC and Sony Ericsson together with other Solo management team bring an unusual blend of global sector expertise and deep knowledge of African markets that enable the team to conceive and implement a market-leading, mobile consumer proposition uniquely suited to African markets.
Solo, among other things, is packaged with competitive data bundles from mobile operator partners, content and service offerings, to create a revolutionary, new customer-centred user experience, never before been seen on the African continent, he told peter ugwu in this interview.
Concept of Solo Phone
The very premise of Solo, is a belief that the digital contents and services huge, obviously, globally, and incredibly huge in the emerging markets, because Solo, is really an emerging market player. Probably, we started in Nigeria, but the vision is to go across the emerging markets.
The way we look at it is that the digital contents are not enough to have them, especially in the value added services (VAS) are, they will have life-changing and transformative impacts on our quality of live, how we executive services and will hopefully increase quality of live in the emerging markets.
We believe that the direction to digital contents and services is set; nothing is going to stop that, but how quickly the adoption happens is a function of who the players are in the space.
And Solo Phone hopes to be one of the catalysts to help in the adoption of those digital contents and services in this market in the ways that create wealth, profitable and valuable to the end users.
So, we look at it from the point of view of contents first, value added services later.
Contents are around entertainment: music, movies; we will be talking about games very soon, to complete the entertainment side of the content.
On the VAS area, we are actually looking at it becoming the most interesting part in the coming years; where there will be incredible innovative solutions on digital platform around critical sectors like health, banking & finance, education, commerce, and other significant aspects of our economy or way of life.
In those cases, we believe that the mobile platform will be the primary media through which these things will be consumed. We feel strongly about that.
We see Nigeria and other country on this continent leapfrogging the personal computer, laptop world into smartphone world, because of the economics of it; it is cheaper to buy it, the mobility, ubiquity that makes it possible to go anywhere and do a lot with it.
It could be your voice, internet, music, mobile Tv device; there is just a lot one can do within the smartphone arena. It is going to enable a lot of things and digital content and services are going to play a big role.
The whole idea of Solo is to be a key player in that help to accelerate the directions it go. As a local pedigree, we will help speed up the process.
Market Penetration
The way to look at Solo is, we are primarily in the digital content and services business. What we do on the hardware side is driven by the need to provide the platform for consuming the contents.
So, in the device side of the business, we are barely one year in the market. For us, it is about setting the foundation for success.
This is a long time play. We are not going to sell and disappear like many do. A huge chunk of our time, last year, was on building that foundation: establishing brand presence, distribution partners with critical players like Slot, Micro Station and other big names, establishing regional presence and of course, establishing our digital apps around music.
So, the actual sells and penetration didn’t kick off till the second half of last year, but in terms of how it works, were we have distribution we do extremely well.
It is a sign of how far we are going. Although, we are new, we are present in every regional chain. And the retailers are happy to carry us along as they expand nationwide.
We are on the process of growing that distribution. Clearly, the preposition is resonating with the consumers; they are willing to work with us and embrace the platform.
Solo View Application
Like I said earlier, it is part of the continuum of our entertainment package in the digital platform. We started with Solo music, which is at this point limited to solo phones, because we have some exciting things coming down the pipe.
The way we started that, we entered into agreement with the top three global labels that offer us access to millions music catalogues and they keep getting better by the day.
When you benchmark Solo music with other platforms out there, it sets itself apart both on the depth of our offering, experience and everything that is done around it.
At the moment, you have to buy Solo smartphone phones to enjoy it. Beyond music, everything we are doing is available on Android platform.
So in Solo View we moved from music to movies. The way we look at it is this: mobility is the core of the preposition; the ability to take these stuffs to the subscribers.
If we look at the quality of our lives coupled with busy-engagements of the day; traffic, running from one place to another, we spend more time outside than at home.
To add insult to injury, not all time we spend on the road are productive. So, the ability to take entertainment with you has value anywhere in the world, here, it has magnifying value. To us, entertainment is the combination of music, movies, games and other interesting things that get people excited.
What prompted Solo View was the urge to set ourselves apart in the market. We looked at the market and saw people trying to do amazing things, but they have fundamental limitations often dictated by infrastructure.
Most solutions, before we came were streaming based, which was tied to protecting the intellectual property right of the company.
That affected the consumer experience. Well, the operators have done magnificent job by investing in the 3G network, but the truth of the matter is that growth in usage and demand is still outpacing investment in the networks. So, the customer experience is still lagging in so many areas.
If it is hard to make a call, you can imagine trying to stream a movie on such network, probably, while you are traveling.
That is a challenge and a limitation to the consumer. When we came into the space, we asked ourselves the pertinent question as what we can do to differently.
Therefore, we decided that one essential thing for good customer experience is a download solution; the ability to sit at a place, download as much content into the device or any Android Device that you have.
One, the experience is better. Two, it is more predictable. And that affects our pricing model. For us, the idea it is about that optimal experience for an average customer to enjoy the device, even on the go.
Solo view is a rental service. If it were a Nigerian content, it gives you 15 days window to watch it as many times as you want. It expires on its own.
If it were a Hollywood movie, for instance, it stays on your phone for 30 days. So, we don’t just make it easy for download, the pricing model enables the subscriber to enjoy the content. At the expiration, you delete and create more space for the next one.
Promotion of Local Digital Content
That is the goal and we are achieving it. On the music side we are getting good traction on the local content.
The basic assumption is that 70% of the content is local. For us at Solo, we believe that when you have a movie or video platform, like the Solo View, you actually optimize the platform with the richness of the offering.
When it comes to richness of offering it has to be tied to relevance with the target market which makes local content very compelling. We have huge Hollywood stuffs; they are compelling, current, good quality of 2014 movies of SD/HD option, we are very proud of them.
We get it faster than any other person in this market does. But as we still look at how to enrich the overall experience, we still think the local part is going to be critical. We believe that in not too distant future we will work with the content generating platforms-the publishers, writers, directors, even the artistes; probably, to engage on production of custom-made proprietary content to be deployed on our platform, maybe redistribute afterwards.
We will look beyond the traditional movies. Ours is a society that has some defined segments-religion, finance, et cetera.
The bottom-line is: we are looking at multiple ways to generate contents. It goes to show that this is a customer-centric business.
Solo View and Other Online Content Providers
Obviously, we have the download option. The depth of our offering expands to Nollywood, Hollywood, and others.
And we have to consider the vision. We see are just starting, but in the next three to six months, people will get more abreast with the concept. We see the foundations we are laying as critical in the business continuum.
To us, it not just an isolated movie offering, rather an entertainment offering. For us, we are not a one-shop-movie play station rather a digital entertainment company that is trying to maximize what we have for customer satisfaction.
You cannot take away our commitment to constantly search for that content that makes sense for the people.
Our goal is to build Solo Loyalists to trust us and be at the forefront of innovation around the entire digital content spectrum.
Connectivity Challenge
That is an excellent observation, but that is the principal thing that sets us apart. We deploy our own Solo Hotspots.
Others don’t! The primary deployments were done around our retail locations. We have more than 100 hotspots deployed nationwide and on the second phase to deploy at non-retail location, like where people congregate.
Therefore, aside the arrangements we have made, we are still looking at solving the data issue. It is expensive to pay for data to be able to access contents. We decided that music is more data-friendly, and even went ahead to partner operators to offer free data at some points.
For instance, if you buy Solo phone you get 500mgbyte of data for a period of time from either Etisalat or Airtel.
On the movie side, even with the download solution, it is still expensive. So, we came into the market with our hotspots. At any point of sale, you use Solo phone or any Android device, go to the playstore, download our application and download movies as you like.
The speed is unbelievable. You can download a full length of Nollywood movie in less than two minutes.
The bigger catch is: it is free data. We are using that to solve connectivity problem. So, for the movie, you are just paying for the content and should not the data.
If there is no hotspot close-by, it gets to the next level which is click to use either the WiFi or 3G network. So, we go through that three-stage progression to make sure connectivity experience is optimized and the reduction in the cost.
Solo’s Preparedness towards Digital Migration
The design of our devices (the hardware part of the business) is critical when you talk about the digital era in Nigeria and the experience.
We have our 5” product and still looking at tablets and others. We try to optimize the experience to the consumer with power banks, ear-phones, and other features.
In terms of opportunities beyond the mobile platforms, in the content business, the key is finding ways of monetizing the services. Good enough, we are not limited in any way, to a particular content.
Solo In 2015
A lot of people see Solo as just a device company, which is cool; we are proud of that too. However, in 2015, we are going to emerge more in the digital content space. We have the roadmap on how to revolve our experience.
Like I said earlier, in music, we will be leading the way. We will be making more noise in the digital content and services business. So, we start filling-in the true picture of Solo; what it represents to every segment of the society.
General News
Top Nigerian Startups Secure Funding Boost @ iHatch Demo Day Awards

Nigeria’s startup ecosystem received a fresh injection of momentum as top emerging ventures secured funding and investor attention at the iHatch National Demo Day, where Interface Africa clinched the highest prize of $15,000.

The 4th cohort of the NITDA–JICA-backed accelerator brought together founders, policymakers, and venture stakeholders in Abuja, showcasing innovations ranging from clean-energy financing and digital food marketplaces to next-gen fintech tools.
The startups went rounds of running through state-level selections and regional competition. iHatch was established in 2021 as a strategic partnership to create an enabling environment for young Nigerians to develop and scale their innovative solutions.
The iHatch National Demo Day (4th Cohort), is an initiative by NITDA and JICA which provides a clear pathway for homegrown talent to contribute significantly to economic diversification and digital transformation.
After rigorous selection processes, the top founders converged to pitch their innovations, recognised the standout performers, which are:
Interface Africa with $15,000, the firm is driving Nigeria’s clean energy transition by enabling structured and affordable solar financing.
Ahioma with $12,000, the firm enhances food accessibility with a digital marketplace connecting consumers directly to trusted vendors.
Linia Finance with $10,000, the firm is helping Nigerians take control of their finances with tools for budgeting, tracking, and smart money planning.
Chapta got a laptop reward. They delivering an offline-capable school application ensuring consistent, accessible learning for students everywhere.
Softdrop also got a laptop reward, they solve logistics challenges through a modern delivery platform designed for speed, convenience, and efficiency.
General News
Fidelity Bank to Host Virtual Masterclass on New Tax Law

Fidelity Bank Plc, a leading financial institution, will host a free virtual training on the Nigeria Tax Act 2025 (NTA) as part of its commitment to helping small businesses prepare for the upcoming legislation.

Fidelity Bank
The masterclass is scheduled for 10:00 AM (Nigerian time) on Friday, 12 December 2025. It will provide participants with clear insights into changes in the tax framework, the impact on income and business operations, and practical steps to avoid penalties in 2026.
Attendees will also learn strategies to stay ahead in an evolving regulatory environment.
The Nigerian government enacted major tax reforms on 26 June 2025 when President Bola Ahmed Tinubu signed four tax bills into law.
These Acts will take effect on 1 January 2026 and represent a significant overhaul of the country’s tax system.
The reforms aim to modernize and harmonize Nigeria’s tax framework, improve revenue generation, broaden the tax base, and create clearer rules for individuals, businesses, and government agencies.
“Our decision to host this masterclass reflects our commitment to empowering businesses with the right information ahead of the commencement of the new tax regime.
“Information is money and a well-informed business owner is already steps ahead in the race to success.
“This is why we are bringing experts to provide accurate details and demystify the tax act,” said Osita Ede, Divisional Head, Product Development, Fidelity Bank Plc.
Interested participants can register via https://bit.ly/2026TaxLawMasterclass .
General News
PalmPay MD Seeks Deeper Financial Inclusion @ CeBIH Annual Conference 2025

PalmPay, Nigeria’s leading digital banking platform, has renewed its commitment to deepening financial inclusion across the country. At the CeBIH Annual Conference 2025, themed “Reimagining Financial Inclusion through Cultural Shifts in Consumer Credit,” PalmPay’s Managing Director, Chika Nwosu, urged industry players to deepen financial inclusion by embracing community-aligned solutions and customer-centric innovations that can better serve Nigeria’s underserved and unbanked populations.

Speaking during a panel session titled “Social Inclusion, A Veritable Tool for Financial Inclusion,” Chika Nwosu joined other industry leaders to share insights on strengthening participation among women, rural dwellers, low-income earners, and other financially excluded groups.
Chika Nwosu highlighted PalmPay’s commitment to inclusive finance through its 500,000-strong agent network, which enables seamless cash-in/cash-out services for unbanked users across Nigeria. He also emphasised the importance of PalmPay’s USSD platform, 861#, which allows users with basic phones or limited internet access to perform essential financial transactions.
“Financial inclusion goes beyond access; it must be equitable and tailored to real-life needs,” Chika Nwosu said. He shared how PalmPay leverages behavioural insights to design impactful services, including affordable health insurance, reliable bill payments, merchant solutions, and automated savings features that support financial discipline among users.
The session further examined the role of grassroots agents and community touchpoints in driving last-mile adoption. Chika Nwosu noted that PalmPay’s widespread community presence continues to build trust and encourage excluded populations to embrace digital financial tools.
The session was moderated by Ronke Kuye of the CeBIH Advisory Council and featured representatives from E-Doc Online, SmartCash Payment Service Bank, SANEF, and EFINA.
PalmPay reaffirmed its commitment to driving accessible, secure, and inclusive financial services for all Nigerians. PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.
PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.
Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh.
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