Telecom
Tech Start-Ups Should Emulate New Konga Strategy – Prof. Ibidapo-Obe, Ex-UNILAG VC

Prof. Oye Ibidapo-Obe, Former Vice-Chancellor of the University of Lagos has advised tech startups to emulate the new Konga.
He gave this charge in a recent engagement with budding entrepreneurs, business owners and other Ph.D. students in Lagos.
According to Prof. Ibidapo-Obe, Konga has sprung a surprise in the last six months, noting that the impact of the new owners of the business has been felt in the e-commerce landscape.
“The new Konga is a very good case study for tech start-up to emulate as it is obvious that there is a clear plan by the new investors.
“If we consider their omni channel strategy which is quite expensive, only a few Nigerian banks can match the fusion of online power with the number of stores being rolled out across the country, mostly in Lagos as I have seen.
“What we can learn from this is that, apart from strategy, planning and tact is very critical in the Third World.
“I am sure the former owners of the business will be amazed at the transformation the business had undergone within the last six months.
“A company like Konga has proven that Nigerians have the capacity to make things happen and though I am not sure what their figures look like today, I am sure it must have appreciated over 200 per cent,” he said.
Continuing, the Professor of Systems Engineering and Fellow of the African Academy of Science cautioned that startups must be seen to deliver on their promises and not just raising funds or using investor capital to fund flamboyant lifestyles.
“The Konga example shows that African entrepreneurs can hold their own and succeed.
“It is very important, however, for budding entrepreneurs or startups to go through an incubation period and excite their investors to inject more funds rather than being on negative and still asking for more funds.
“It has become fashionable for startups to keep looking to raise money without looking at the book balance while unconsciously signing off their equity.
“When entrepreneurs gradually liquidate equity, they must see a bigger future even as they continue to dissolve their shares.
“Modern investors are very smart and when they see that they are gradually getting a foothold in the business, they can see that you are gradually liquidating and their funds is at risk.
“This is why there is a high failure rate among startups as investors must, at a point, take a business decision not to put in more money because the owner has reduced his stake substantially that he has nothing to lose anymore.”
While noting the difficulty in gathering accurate statistics in Nigeria, Prof. Ibidapo-Obe observed that a lot of business decisions are based on assumptions.
He, however, disclosed that the image of the new Nigeria will be built by the new breed of young Nigerian whiz-kids, irrespective of the current harsh economic climate.
“You must not be discouraged by the current economic and political situation in the country. Every country goes through it and Nigeria is no exception.
“Most importantly is the fact that, the country will emerge stronger from it and young, smart entrepreneurs will own the country in future and will create even more wealth in a short space of time than the present set of entrepreneurs,” he concluded.
Telecom
Subscribers, Telcos Warn FCCPC over Airtime Lending Enforcement

Wireless Application Service Providers Association of Nigeria (WASPAN) has asked the Court of Appeal to suspend the enforcement of the Federal Competition and Consumer Protection Commission’s (FCCPC) Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations).

WASPAN warned that the implementation before the determination of its appeal could expose telecom value-added service providers to sanctions and disrupt their operations.
Millions of subscribers across the country rely on borrowed airtime to communicate.
Seun Sofoluwe, an Abeokuta, Ogun State resident, said another interruption would have severe consequences for many Nigerians who depend on airtime and data lending services for their daily communication needs.
“A lot of people depend on the services, and it will be very bad for them, especially those who are so reliant on it that they do debt-to-debt servicing,” he said.
Debt-to-debt servicing refers to the practice of repaying an outstanding airtime loan immediately to qualify for another advance, underscoring the extent to which some subscribers depend on the facility to remain connected.
Sofoluwe’s concerns echo the experience of Lagos-based employee Farouk Rabiu, who recounted the hardship caused by the six-month suspension of airtime lending services before they were restored.
“I was devastated because, after exhausting my data, I was hoping to borrow credit to access my bank account. Instead, it was a major disappointment,” Rabiu had said after the services resumed.
Adding another dimension to the debate, Gbenga Adebayo, chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), said the earlier disruption showed that airtime credit had evolved far beyond a conventional telecommunications offering.
“What this episode demonstrated is that airtime credit is not a financial product in the way regulators initially characterised it. It is economic infrastructure that approximately 40 million people use regularly, with the vast majority of them at the base of the economy,” Adebayo said.
WASPAN, which represents licensed value-added service providers, has asked the Court of Appeal to restrain the FCCPC from enforcing the DEON Regulations pending the hearing of its appeal against the July 20 judgment of the Federal High Court in Lagos.
The association argued that immediate enforcement would expose operators to sanctions, create regulatory uncertainty and disrupt telecom-enabled services, including airtime credit and data advances, used daily by millions of Nigerians.
The FCCPC, however, has defended the resumption of enforcement, insisting the regulations are intended to sanitise the digital lending industry, curb predatory debt recovery practices, protect consumer data and eliminate illegal digital lenders.
The Court of Appeal is expected to determine whether enforcement of the regulations should remain suspended while it considers WASPAN’s appeal, a decision that could shape the future of telecom-based digital lending services and determine whether subscribers continue to enjoy uninterrupted access to airtime and data credit.
Telecom
NCC, REA Partner to Cut Telecom Costs with Renewable Energy

Nigerian Communications Commission (NCC) and the Rural Electrification Agency (REA) have entered into a partnership to deploy renewable energy solutions for telecommunications infrastructure in rural and underserved communities, a move expected to reduce operators’ energy costs and improve network availability.

Abraham Oshadami, executive commissioner for Technical Services at the NCC, disclosed this during the signing of a memorandum of understanding (MoU) in Abuja.
According to Oshadami, the NCC-REA Stakeholder Forum and MoU signing ceremony will enable telecom base stations located near mini-grids to access cleaner and more affordable electricity, reducing their reliance on diesel-powered generators.
He said the agreement came at a time when telecom operators are facing rising operational costs due to increased spending on diesel to power network sites amid unreliable electricity supply from the national grid.
The partnership reflects the growing relationship between the power and telecommunications sectors, as both rely on each other to deliver essential services.
Oshadami explained that while telecom infrastructure requires a steady power supply to remain operational, digital connectivity also supports electricity services such as smart metering, electronic payments and remote customer management.
According to him, the collaboration is aimed at improving access to reliable electricity and telecommunications services, particularly in remote communities where inadequate power supply has slowed digital inclusion.
He said both agencies had identified telecom base stations located within one to two kilometres of existing mini-grids, allowing the implementation of the initiative to begin immediately.
“Where mini-grids exist, we are able to identify nearby base stations and connect them to those power sources,” Oshadami said.
He added that future mini-grid projects would be planned with telecommunications infrastructure in mind, ensuring that electricity investments also support the expansion of digital services.
Telecom
Airtel Secures Another 10-year Spectrum Renewal in Nigeria

Airtel Nigeria has secured a fresh 10-year renewal of its spectrum licence from the Nigerian Communications Commission (NCC), reinforcing the telecom operator’s long-term commitment to expanding broadband connectivity and improving digital access across the country.

The renewed licence covers Airtel’s spectrum holdings, which are critical to the delivery of voice and high-speed data services, providing regulatory certainty for continued investments in network expansion, capacity upgrades and improved customer experience.
According to the company, the renewal underscores confidence in Nigeria’s telecommunications sector and will support its ongoing efforts to bridge the country’s digital divide by extending quality connectivity to more underserved communities.
Sunil Taldar, chief executive officer, Airtel Africa, said the renewal provides the company with the confidence to continue investing in Nigeria’s digital infrastructure.
He said, “The spectrum renewal reaffirms our long-term commitment to Nigeria, our largest market. It gives us the certainty required to continue investing in network expansion, improve service quality and accelerate digital inclusion for millions of Nigerians.”
Taldar added that Airtel remains focused on expanding broadband access and supporting Nigeria’s digital economy agenda through sustained investments in telecommunications infrastructure.
He further said, “We appreciate the Nigerian Communications Commission and the Federal Government for their continued support in creating an enabling environment for investment. We remain committed to delivering reliable and affordable connectivity while contributing to Nigeria’s socio-economic development.”
Meanwhile, Industry observers said the licence renewal removes regulatory uncertainty and allows Airtel to pursue long-term capital investments, including the expansion of 4G and 5G networks, as demand for mobile data and digital services continues to grow across Nigeria.
The renewal comes as telecom operators continue to invest heavily in broadband infrastructure to meet rising data consumption and support government efforts to achieve Universal digital access.
Furthermore, It also aligns with the NCC’s objective of ensuring efficient spectrum management while encouraging sustained private sector investment in the country’s telecommunications industry.
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