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Techeconomy Business Series Debuts, Hosts Webinar October 10

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Techeconomy, a Lagos-based media startup, has announced the launch of Techeconomy Business Series [TBS].

TBS Webinar

TBS Webinar

The startup which offers its readers Content-as-a-Service (CaaS) by telling you what is new in Technology, Business and Economy; reflecting on why it matters, how it works and the benefits, is working with ThinkingCap Consulting to innovate on breakthroughs that brands need to thrive.

TBS debuts with a webinar scheduled for Thursday, October 10, 2024 by 10:00AM (WAT). Participating is free, but you are required to register via: https://rebrand.ly/techeconomy-business.

Speaking ahead of the webinar, Peter Oluka, the editor, Techeconomy, said “As a digital news platform that stands apart for its commitment to truth and accuracy, for the quality of its reportage of technology – business – economy related events, Techeconomy is always looking at avenues to add values and enrich our contents while providing opportunities to businesses and partners to meet their goals.

“The Techeconomy Business Series is designed to explore the intersection of technology and business, providing insights into how technological advancements shape industries, drive innovation, and impact economic growth.

“The series typically focuses on key topics such as digital transformation, emerging tech trends, and their practical applications for businesses. It covers case studies, expert opinions, and analysis on how companies can leverage technology to enhance operational efficiency, improve customer experience, and scale globally.

“Additionally, it offers advice on navigating challenges in tech adoption and fostering a culture of innovation.

“As the saying goes, ‘Business is more than making money- it is an opportunity to meet people’s needs. Business is more than providing services, it is about solving problems’, Techeconomy Business Series [TBS] gives us the opportunity to discover the breakthroughs that brands need to win.

On his part, Mr. Destiny Eseaga, the business editor, said, “Our mission is to make content publishing more valuable to the individuals and businesses.

“Our team works round-the-clock to explore and explain the changing world around us, tilting the lenses on the emerging market”. TBS is borne out of that innate desire to add value”, Eseaga said.

Techeconomy Business Series – Webinar

Eseaga said that the first edition of Techeconomy Business Series’ webinar under the theme: “Nigeria Tech Space: From Independence to Digital Age” is being convened to celebrate Nigeria’s 64th Independence.

The Faculty

He said the faculty, including, Hilary Utuke, Cynthia Alabi, Oluwabusuyi Anonis Fakanlu, and Abraham Great, were carefully selected to discuss the topic and provide participants with insights on how to digitally position their businesses.

Hilary Utuke is the CEO of Korlod Works, a top Digital Marketing firm in Lagos. He’s authored four books including “Digital Strategies for Online Brand Visibility” and created Digital Luminary Pro™, a model helping Nigerian Thought Leaders connect with Millenials and GenZ audiences.

Cynthia Alabi is a seasoned Revenue Growth Expert with over a decade of experience dedicated to driving growth in technology-driven companies. She has developed a unique blend of skills in sales, marketing, and business development, with a strategic focus on supporting and creating customer-centric brands, services, and solutions.

Her exceptional ability to foster business growth in start-ups is buoyed by her expertise in non-technical roles, including customer success, account/stakeholder management, customer service, and enterprise sales. This diverse experience allows Cynthia to consistently employ a strategic approach to client satisfaction and data-driven decision-making, resulting in outstanding outcomes.

Oluwabusuyi Anonis Fakanlu, as the co-founder and managing director of CAF LTD/CAF UNIVERSAL LLC, a construction and real estate development company, he leads a team of dedicated professionals who consistently deliver high-quality projects, eco-friendly, energy-efficient, and sustainable projects at a competitive cost.

With over 24 years of industry experience, he has overseen every stage of projects, from planning and design to construction, management, maintenance, and operation of various buildings and constructions.

Abraham Great is a Management Consultant, Trainer, Destiny Coach, Leadership Expert, Author, Legal adviser, content writer, song writer, artist and a clergyman.

He is the chairman and Chief Executive Officer of Great Dynasty Group – with subsidiaries in the UK, Nigeria, Ireland, and North America.

His professional experience of over sixteen years has seen to the development and management of various organizations, that in turn, provide value, enrich lives and help society become a better place.

Anselem Imoh, a project management specialist, will moderate the session.

To be part of the Webinar, register with the link here: https://rebrand.ly/techeconomy-business.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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New Investment Fund Targets Acceleration of Emerging Technology in Nigeria

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The International Rescue Committee (IRC) has announced the formation of Airbel Ventures, a new humanitarian impact investing fund aimed at accelerating the introduction and scaling of breakthrough technologies in crisis-affected communities.

The fund will invest in companies whose ideas have the potential to change humanitarian response, including digital infrastructure for frontline health systems and climate-resilient agriculture.

The launch of Airbel Ventures follows a period of rapid innovation at the IRC, despite the humanitarian sector facing record funding cuts.

In the past year, the IRC’s Airbel Impact Lab has advanced more than twenty Artificial Intelligence (AI) and technology initiatives—from anticipatory action tools powered by climate and vulnerability data, to frontline service delivery using safe, orchestrated AI systems, to breakthrough diagnostic tools for emerging diseases.

Airbel Ventures’ first impact investment is in Signalytic, a company delivering solar-powered computing devices that ensure reliable electricity and connectivity for remote health facilities.

Following the investment, the IRC will pilot Signalytic’s technology with its Nigeria Health team, demonstrating the viability of next-generation digital infrastructure in humanitarian settings.

“We know breakthrough solutions already exist—what’s missing is the path to scale in humanitarian contexts,” said Dr. Jeannie Annan, Senior Vice President for Research & Innovation at the IRC and head of the Airbel Impact Lab.

 


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MTN Nigeria Suffers 9,218 Fibre Cuts in 2025 as Vandalism, Theft Cripple Network

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MTN Nigeria, the country’s largest telecommunications operator, recorded a historic surge in network disruptions in 2025, suffering 9,218 fibre cuts as of December 31, alongside 211 base station sites affected by theft and vandalism, incidents that disrupted mobile and data services relied upon daily by millions of Nigerians.

MTN Nigeria Suffers 9,218 Fibre Cuts in 2025 as Vandalism, Theft Cripple Network

The data was revealed by Dr Karl Toriola, chief executive officer/managing director, MTN Nigeria via a social media post titled ‘MTN Nigeria 2025 Wrapped’.

The scale of the damage highlights the growing vulnerability of Nigeria’s telecommunications infrastructure, which has come under increasing pressure from road construction activities, cable theft and deliberate acts of vandalism.

MTN said 5,478 fibre cuts occurred within just the first seven months of 2025, with 760 incidents recorded in July alone, underscoring the intensity of the challenge.

Some of the incidents had wide-ranging consequences, knocking out connectivity across multiple states simultaneously and affecting voice calls, data services, digital payments and enterprise operations.

The company described the situation as a national infrastructure problem, rather than an isolated corporate issue, given the economy’s deep dependence on mobile networks.

“These gaps were shaped by real operational challenges such as fibre cuts, theft, and vandalism. Their impact is felt directly by customers and reflected in what they tell us,” Toriola,

The disruptions were reflected in customer feedback volumes, as MTN handled an unprecedented number of complaints during the year. The operator said it resolved 1,624,263 customer complaints in 2025, spanning call centres, social media platforms, emails and physical service centres nationwide.

Despite the setbacks, MTN pointed to signs of operational resilience. The company retained its ranking as Nigeria’s best network by Ookla, returned to profitability after a challenging period, declared an interim dividend, and expanded its subscriber base to over 85 million users by September 2025.

The figures show that while Nigeria’s telecom operators continue to invest heavily in network expansion and customer service, infrastructure sabotage remains a major drag on service quality and operating costs.

MTN acknowledged that performance improvements remain a work in progress. “We are not where we want to be yet. We see you. We hear you. We exist because of you. And we will get better,” Toriola said.

As the company enters its 25th year of operations in Nigeria, Toriola said MTN is doubling down on customer-centricity, treating every piece of feedback as a guide for improvement, while also stepping up engagement with government agencies.

The CEO renewed calls for stronger regulatory and legal protections for telecommunications infrastructure, urging policymakers to classify fibre cables, base stations and other critical assets as national infrastructure and criminalise vandalism to deter repeat attacks.


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NCC Licences Six New ISPs to Challenge Telcos, Satellite Giants

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Nigerian Communications Commission (NCC) has granted operating licences to six new Internet Service Providers (ISPs), effective January 1, 2026, raising the total number of authorised ISPs in the country to 231 from 225 recorded in December 2025.

NCC Licences Six New ISPs to Challenge Telcos, Satellite Giants

NCC

The newly licensed firms are Intellvision Technologies Limited, Granet Technologies Limited, Fiber Sonic Limited, Dasol Solution Services Ltd, Boost ISP Limited, and Amazon Kuiper Nigeria Limited.

Five of these companies are headquartered in Lagos, while Granet Technologies Limited operates from Owerri in Imo State, highlighting the persistent concentration of broadband infrastructure in major commercial hubs like Lagos, Abuja, and Port Harcourt.

This development intensifies competition in Nigeria’s broadband market, which faces pressure from dominant mobile network operators such as MTN and Airtel, alongside rapid expansion by satellite providers like Starlink.

Traditional ISPs continue to grapple with shrinking customer bases, aggressive data pricing from telcos, and satellite disruptions, even as NCC data from Q2 2025 showed Spectranet, Starlink, and FibreOne controlling about 65 per cent of the 313,713 active ISP subscribers.

The inclusion of Amazon Kuiper Nigeria Limited marks a significant entry of global satellite broadband competition, building on Nigeria’s recent approvals for other low Earth orbit providers to enhance connectivity in underserved areas.

Industry analysts view the licences as a strategic push to improve internet quality amid rising demand for digital services, though geographic clustering underscores ongoing infrastructure challenges outside urban centres.

NCC’s move aligns with broader efforts to foster a competitive telecoms sector critical to Nigeria’s digital economy ambitions.


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