Telecom
TechQuest STEM Academy, Partners Hosts Early-Stage Angel Investment Gathering in Lekki

TechQuest STEM Academy, and its Partners have rallied Angel Investors, Venture Capitalists and other stakeholders to an Early-Stage investor’s mixer at Lekki, Lagos.

L-R: Founder, TechQuest STEM Academy, Charles Uche Emembolu, Co-Founder Lagos Angels Network/Chairman, Cadbury Nigeria Plc, Adedotun Suleiman, Managing Director, TechQuest STEM Academy, Itoro Emembolu.Phd, Convener, Startup South, Uche Aniche, at the “Early Stage Investors Summit” hosted by TechQuest STEM Academy and Startup South at the TechQuest Hub, Lekki, Lagos on Monday, 13th June, 2022.
The Early-Stage investor’s mixer which was held on the 13th of June 2022 at the new 350-capacity TechQuest Hub in the heart of the Lekki peninsula witnessed angel investors, venture capitalists as well as a bevy of startups, 5 of whom pitched their businesses during the event.
The 4pm event started with networking, progressed to knowledge games and a masterclass video delivered by Tomi Davies, the Chief Investment Officer of GreenTec Capital, one of Africa’s most prolific angel investors and co-founder Lagos Angel Network.
Adedotun Suleiman, the Chairman of Cadbury Nigeria Plc, co-founder Lagos Angel Network and a serial investor who was present shared his deep insights. “It is early days for the Nigerian startup scene despite successes such as those of Flutterwave and Paystack amongst others. The jury is still out, and investors will have to think long term”, Mr Suleiman advised.
The session hosted startup pitches from GoMarket, Nodex, Nifty Row and 2 others. The wide range of startups had solutions covering ecommerce, NFT, hardware, crypto amongst others. Uche Aniche, Convener, Startup South and co-host of the Mixer, introduced the South South East Angel Network (SSEAN) to the gathering. “We believe that startups outside key financial centres such as Lagos and Abuja also require the funding needed to build out their propositions. That is why we started SSEAN and it is also the reason why we co-opt accredited investors with sessions like this”, said Uche.

L-R: Managing Director, Cummins West Africa Limited, Okechi Igwebuike, Founder, TechQuest STEM Academy, Charles Uche Emembolu, Founder Nifty Row, Bolaji Onibudo, Commercial Director, Sub Sahara Africa, Verraki Africa, Ifeanyi Akosionu, at the “Early Stage Investors Summit” hosted by TechQuest STEM Academy and Startup South at the TechQuest Hub, Lekki, Lagos on Monday, 13th June, 2022.
Charles Emembolu, the Founder of TechQuest STEM Academy who also co-founded Nigeria’s first university embedded incubator at the University of Nigeria, Roar Nigeria Hub enjoined the startups to embrace education and healthy business practices that ensure successful outcomes, scalable businesses, social impact with good return to investors.
“The new TechQuest 350-capacity Hub is designed to support thousands of technology talent with work ready skills, placement and the funding that they may require to participate in the global digital economy.”, said Emembolu
Other notable attendees at the event were the Managing Director, Cummins West Africa Limited, Okechi Igwebuike, Commercial Director, Sub Sahara Africa, Verraki Africa, Ifeanyi Akosionu, General Partner, Rebel Seed Capital, Emeka Okoye, amongst others.
The mixer, which was co-hosted by TechQuest STEM Academy LTD/GTE and Startup South, supported by Rebel Seed Capital and SSEAN ended with networking and interactive session well into the evening.

Cross section of attendees
TechQuest STEM Academy, a non-profit organisation founded in 2015 has impacted over 35,000 persons to date. The Academy has a mandate to deliver work ready talent to the digital economy, working with its partners and sponsors from across the globe. One of its upcoming collaborative flagship programs will offer business focused, technology education at the intersection of Innovation, Creativity and Entrepreneurship.
The Academy has since its inception organized 22,000 seminars and workshops, published several research outcomes, with a commitment to providing educational content, digital literacy and resources while contributing to the achievement of the SDGs 4, 5 and 8.
Telecom
Nigeria’s Internet Usage Hits 1.24m Terabytes – NCC

Nigerian Communications Commission (NCC) has said that Nigeria’s internet usage reached a record 1.24 million terabytes in November 2025.

According to the latest data from the NCC, the figure rose modestly from 1.235 million terabytes in October, reflecting steady growth in digital activity across the country.
Broadband penetration in Nigeria crossed the halfway mark in November 2025, reaching 50.58 per cent, up from 45.61 per cent in January, the telecoms regulator reported.
The figure, however, falls short of the 70 per cent coverage target outlined in the National Broadband Plan 2020–2025, which expires this month.
The country had roughly 109 million broadband subscriptions by November. Growth has been uneven, hindered by infrastructure and regulatory constraints, including frequent fibre-optic vandalism that triggers 30 to 43 network cuts daily, high right-of-way fees, and declining subscriber numbers earlier in the year.
Expansion of mobile networks, particularly 3G and 4G services, alongside limited 5G rollouts in urban centres, affordable smartphones, and competitive data plans, has driven uptake.
Investments in the National Communications Backbone and private-sector initiatives have also improved access, especially in underserved areas.
While Nigeria is gradually improving digital inclusion, achieving the original broadband plan remains challenging due to high infrastructure costs, coverage limitations, and deployment hurdles.
The NCC maintains that continued investment in mobile networks and broadband infrastructure will sustain gradual growth in the sector.
Commenting on the development, some Nigerian analysts attributed the surge to the broader mobile and broadband adoption and the growing appetite for streaming, online learning and other digital services.
According to the analysts, the figures suggest that internet connectivity is no longer a luxury but a necessity for both business and leisure, underscoring the slow but steady expansion of Nigeria’s digital economy.
Telecom
NCC Ranked Among Top 3 MDAs for Best Website Performance in 2025

Bureau of Public Service Reforms (BPSR) has named the Nigerian Communications Commission (NCC) among the top three Ministries, Departments and Agencies (MDAs) of the Federal Government with the Best Ranking in Website Performance for 2025.

L-R: Head Special Projects, Nigerian Export Promotion Council (NEPC), Salamatu Andu; Executive Commissioner, Technical Services, Nigerian Communication Commission (NCC), Engr. Abaraham Oshadame; Director General Bureau of Public Service Reforms (BPSR), Head Customer Support Service, Galaxy Backbone, Rosemary Ehize; Secretary to the ES. Nigerian Content Development and Monitoring Board, Tahir Aminu at the BPSR award ceremony for top four MDAs in BPSR Website Performance and Ranking 2025 at the BPSR office on Tuesday, 23rd December, 2025.
This is coming barely three weeks after the telecom regulator was recognized as one of the top five best-performing Federal Government agencies for 2025 by the Presidential Enabling Business Environment Council (PEBEC) – a testament to the Commission’s consistency in investment in technology for ensuring efficient service delivery.
In the BPSR 2024/2025 scorecard ranking of agencies’ websites, the NCC came second in the ranking, trailing behind Galaxy Backbone Limited, which came first while the Nigeria Export Promotion Council (NEPC) clinched the third position, from a pool of 235 MDAs, whose website were evaluated.
BPSR deployed 14 evaluation criteria in include MDA’s website compliance with .gov.ng domain name, appearance and aesthetics (look and feel) of the website, content, relevance to MDAs mandate/government policy and the website’ structure.
Others include website’s responsiveness (device compatibility), security, load time, usability/ease of navigation, availability/uptime, functionality, interactivity, accessibility and capacity building.
The recognition was announced at the official release of Federal Government 2024/2025 Scorecard Ranking for MDAs’ Website held at the Federal Ministry of Finance Auditorium in Abuja on Monday (December 22, 2025) while the award presentation took place at BPSR’s Office on Tuesday (December 23, 2025).
The award, which is an important index metric of the National e-Government Masterplan for determining the Nigeria e-Government Status, was received by the Commission in recognition of its commitment to maintaining a world-class website that enhances service delivery to the citizens.
Receiving the award on behalf of the Executive Vice Chairman of the NCC, Dr. Aminu Maida, the NCC’s Executive Commissioner, Technical Services, Abraham Oshadami, appreciated the BPSR for the recognition, describing the award as “another encouragement for the Commission to be a better public service institution leveraging digital platforms such as our web presence to enhance public service delivery to our various stakeholders, thereby implementing the Federal Government’s Ease of Doing Business policy direction.”
While presenting the award to the NCC, alongside other two agencies, BPSR’s Director-General, Mr. Dasuki Arabi, commended the top three for their proactive decisions in maintaining world-class websites, which are compliant with the Federal Government’s policy direction in effective and efficient service delivery to the citizens.
According to the DG, the 2024/2025 MDA’s websites’ ranking represents a collective effort of federal public institutions in Nigeria to be transparent, accountable and open in governance, as well as a confirmation to align with global best practices in service delivery to the citizens.
Developed about six years ago, Arabi said as a result of the annual ranking, more public institutions have indicated readiness to embrace reforms, and align with the policy direction of the current administration’s Renewed Hope agenda on improve governance for effective service delivery, as introduced by His Excellency President Bola Ahmed Tinubu.
“The ideals of harnessing and deploying technological tools for service delivery has become imperative following the COVID pandemic, and distortions of socio-economic system of nations, culminating in the evolution of competitiveness, cost effectiveness, and agile governance.
“As engine room of governance, it behoves on us in the public service to perform our statutory duties and we must put in place technological innovations and standardized websites to operate services as well as deliver service needs to citizens,” he said.
The Scorecard exercise, he said, is part of the BPSR reform broader function of conducting research on reform implementation efforts and presenting ‘best practice’ models to the entire Public Service, and to among others, improve access to government information, facilitate seamless financial transaction, eliminate corruption and cyber theft, as well as facilitate access to government services.
Speaking on the rigorous nature of the exercise that produced the top three winners, the DG said “in the past few weeks members of the Scorecard Jury drawn from inter-Ministerial Agencies, had worked tirelessly to mill websites of selected MDAs through a rigorous process of enduring criteria for the ranking and the outcome had also passed through a quality assurance mechanism to validate the outcome.”
Telecom
Oyedele Dismisses Claims Bank Accounts Without TIN Will Be Frozen

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has dismissed reports that bank accounts not linked to a Tax Identification Number (TIN) will be frozen or automatically debited from January 1, 2026.

Taiwo Oyedele
Oyedele described the claims as false and misleading, warning Nigerians against panic over misinformation surrounding recent tax and financial reforms.
In a post on his X handle Tuesday morning, he wrote: “Don’t let anyone manipulate you. Your bank account is safe. Misinformation makes you panic and fear a reform that is designed to help you.
“When they tell you that your account will be frozen or automatically debited from January 2026, ask them for the evidence in the new law. Be wise.”
He stressed that no provision in the new tax laws authorises the freezing of bank accounts, adding that the rumours are part of widespread misrepresentation of the reforms.
The committee chairman reiterated that the reforms are intended to simplify Nigeria’s tax system and ease the burden on ordinary citizens, not to impose punitive measures on bank customers.
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