Telecom
Techeconomy Business Series Debuts, Hosts Webinar October 10

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

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.
Telecom
ALTON Rues Vandalism, Others as Critical Infrastructures Suffer Attacks

Association of Licensed Telecoms Operators of Nigeria (ALTON), has decried persistent challenges such as vandalism, high operating costs, and regulatory bottlenecks threatening service delivery despite recent improvements in investment inflows.

Gbenga Adebayo, chairman, ALTON, warned that the continuous attack are putting strains on Nigeria’s telecom sector which serve as the backbone of the country’s economic and digital systems,
Adebayo, speaking in an interview on ARISE News, described telecommunications as the critical foundation supporting all sectors of the economy.
“Telecom operators are the infrastructure of infrastructures that supports all other sectors,” he said, stressing that the industry remains central to power, transport, security, and financial services.
Adebayo noted that the recent 50% tariff adjustment has helped restore investor confidence in the sector after years of underinvestment.
“It has restored confidence in the sector… we are seeing investment, we are seeing now the impact of that investment,” he said, adding that the sector is now beginning to recover gradually.
But, he warned that improvements in service quality remain constrained by multiple external challenges, including vandalism, insecurity, and regulatory bottlenecks.
“Things can be better… but there are also other external factors… vandalism, behavior of public actors, behavior of non-state actors,” he explained.
Adebayo highlighted the scale of infrastructure damage, particularly on fibre networks, noting a major disparity between international and domestic connectivity routes.
“The fiber optic in the Atlantic… has witnessed probably one outage in two years… the one running from Lagos to Kano, we record an average of about 40 cuts a day,” he said.
He explained that such disruptions significantly increase operating costs and affect service quality across the country.
Beyond vandalism, he pointed to theft of telecom equipment such as batteries and generators, as well as security challenges that prevent timely restoration of services in some regions.
“Issue of security… people are stealing batteries, they’re stealing generators,” he said, noting that some areas remain inaccessible during outages until security conditions improve.
Adebayo also called for urgent reforms in right-of-way charges and taxation policies, arguing that telecom infrastructure should be treated as essential national infrastructure.
“Right of way should become free of charge across the country… issue of multiple taxation… it has to be a thing of the past,” he stated.
On rising energy costs, he said operators are gradually adopting hybrid and renewable energy solutions, although the transition is slow and still exposed to vandalism risks.
“We are doing a lot on renewable energy and providing hybrid solution… but that takes time,” he said.
Adebayo concluded that while policy support and investment inflows are improving the outlook of the sector, sustainable progress will depend on stronger protection of telecom infrastructure and coordinated action among government, regulators, and communities to address vandalism, insecurity, and regulatory inefficiencies.
Telecom
Uber Expands Beyond Rides, Launches Hotel Booking With Expedia

Ride-hailing company Uber has introduced a new feature that allows users to book hotel rooms directly through its app, as part of its strategy to evolve into a broader lifestyle and services platform.

Uber announced that the hotel booking service is being launched in partnership with Expedia Group, giving users access to more than 700,000 hotel properties worldwide.
The company said the collaboration is also expected to expand in future to include short-term rental listings from Vrbo.
According to Uber, the hotel booking tool offers features similar to traditional online travel platforms, including destination search, maps, and filters based on pricing, amenities and guest ratings.
Users can also complete bookings using payment information already saved on the app.
Speaking during a presentation in New York City, Uber Chief Executive Officer, Dara Khosrowshahi, said the company was broadening its offerings beyond transportation and food delivery.
“We’re no longer just an app for rides, or even a family of apps for rides and eats. Uber is now an app for everything,” he said.
Chief Executive Officer of Expedia, Ariane Gorin, said the partnership was aimed at simplifying travel planning for users.
“Together, we can reduce the number of steps, save people time and money,” she said.
Uber’s latest move builds on its expansion strategy which began with the launch of Uber Eats in 2014.
Initially focused on food delivery, Uber Eats has since expanded into retail services, allowing customers to order products such as cosmetics, groceries and electronics.
Industry analysts say the development reflects the growing global trend toward “super apps” — digital platforms that combine multiple everyday services within one ecosystem.
This model is already widely adopted in markets such as China, where platforms like WeChat and Alipay integrate messaging, payments, travel bookings and e-commerce services.
Competitors are also broadening their offerings.
For instance, Airbnb has expanded beyond accommodation to include bookable local experiences, wellness services and mobility options.
Uber also disclosed plans to integrate more artificial intelligence-powered tools into its platform.
The company said upcoming features would enable users to plan meals, generate shopping lists and arrange deliveries through conversational prompts, while a voice assistant is also in development to support hands-free navigation within the app.
Telecom
FG Okays 112 as Toll-Free National Emergency Response Number

National Economic Council (NEC) of Nigeria has officially approved 112 as the unified, toll-free national emergency number to streamline responses to security, medical, fire, and natural disasters.

It is part of measures to strengthen Nigeria’s emergency lifeline and build a unified and coordinated national response to emergencies.
NEC also approved the establishment of a multi-agency implementation committee and programme coordination led by the Office of the Vice President and the National Communications Commission (NCC).
The approval was part of decisions taken at the 157th meeting of the NEC held virtually and chaired by Vice President Kashim Shettima.
Shettima said the 112 emergency lifeline had become necessary to prevent delay caused by bureaucratic bottlenecks, noting that what the citizens seek urgently when confronted by a natural disaster or insecurity is an urgent response and not bureaucracy.
“This is not only a technical reform. It is a test of the state’s humanity. In moments of fire, accident, robbery, medical emergency, flood, violence, or panic, citizens do not need bureaucracy.
“They need a response. They need to know one number to call, one system to trust, and one coordinated chain of action that moves quickly enough to save lives,” he stated.
He explained that while Nigeria is not beginning from zero, as the emergency number had been in existence, what is required at the moment “is coordination, adoption, standard operating procedures, public awareness, institutional ownership, and trust”.
The vice president described NEC as the nation’s economic engine room, where the federal government and the states must convert the Renewed Hope Agenda of President Bola Tinubu into practical outcomes.
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