Connect with us

Telecom

UNN Set to Host Maiden Edition of National Innovation Summit

Published

on

Kindly share this post

University of Nigeria Nsukka (UNN) has announced that it’s organizing National Innovation Summit tagged “Venture Cup Nigeria” aimed to stimulate students of tertiary institutions to start thinking of innovation and entrepreneurship as the way to go in the wake of the fourth industrial revolution.

 

Dr. Jude Chukwu, Director of Innovation, University of Nigeria, stated this in a statement made available to newsmen on Thursday, in Lagos.

 

According to the statement, “University of Nigeria Nsukka has become a model university in setting the pace in technological innovation in Nigeria having established the first university-based Science Park ‘Lion Science Park’;  the first university-based incubator hub, ‘Roar Nigeria Hub’ and the first university-based laptop assembly line, ‘Lion Gadgets and Technologies Ltd’”.

 

The National Innovation Summit which will hold at the campus of University of Nigeria Nsukka from 6th to 8th of June, 2019, is first-ever university-led competition for start-ups.

 

The start-up competition will guarantee seed funding of various amounts to be won as prizes at regional and national levels.

 

Winner at the Grand finale takes home an equity free funding of One Million Naira (N1,000,000); while the first runner-up and second runner-up will win  Five Hundred Thousand Naira (N500,000) and Three Hundred Naira (N300,000) respectively.

 

At the (six) geopolitical zonal levels: winners, first runners-up and second runners-up will go home with Three Hundred Thousand Naira (N300,000), One Hundred and Fifty Thousand Naira (N150,000) and One Hundred Thousand Naira (N100,000) respectively.

 

Professor Benjamin C. Ozumba, Vice Chancellor, University of Nigeria Nsukka and Chairman Board of Directors, Lion Science Park, stated that the major goal of the Venture Cup Nigeria competition is to stimulate students of tertiary institutions to begin to think innovation and entrepreneurship as the way to go and to be competitive in the wake of the fourth industrial revolution.

 

He added that the prizes are to support student-led innovative ideas to takeoff. This will aid easy identification of promising startups for innovation across the tertiary institutions in Nigeria”, he stated.

 

Chinwe Okoli, Manager, Lion Science Park, announced that “the competition is open to innovative ideas from all sectors and for students from all higher institutions in Nigeria.

 

“However, the best ideas for this competition need to be technology-enabled. This is to encourage the use of technology in providing innovative solutions.

 

Commenting on the Lion Science Park Marathon, she stated that Run to innovate is a symbolic exercise to clear our heads and unleash the energy for big innovative ideas. It will hold in Nsukka.

 

“Join the race for the future! The Run to Innovate Marathon also have prizes to be won – fifty thousand naira (N50,000); Thirty Thousand naira (N30,000) and Twenty thousand naira (N20,000) for  the first, second and third positions respectively. There will be lots of consolation prizes as well”.

 

Dr. Jude Chukwu, Director of Innovation, University of Nigeria, further revealed that the 2019 UNN-National Innovation Summit theme is‘Catching-up with the Fourth Industrial Revolution:

 

The Role of Innovation’ aims to inspire and facilitate dialogue on the smart, safe, sustainable and innovative ways of ensuring a paradigm shift to a knowledge-based, collaborative and entrepreneurial economy as the country prepares for the Fourth Industrial Revolution.

 

The Innovation Summit will play host to policy makers, top entrepreneurs, student entrepreneurs, government representatives, MDAs, innovation hubs and accelerators, innovation networks, business moguls, angel investors, international organizations, donor agencies, researchers/academics, innovators, inventors, start-ups etc.

 

The application for the first ever Venture Cup Competition closes on 15th May, 2019. To apply, visithttp://bit.ly/VentureCupNg

 

For Lion Science Park Marathon, apply via the link http://bit.ly/LionScienceParkMarathon

 

Register to attend the summit: http://bit.ly/UNNInnovationSummit

 

 


Kindly share this post

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

Telecom

New Investment Fund Targets Acceleration of Emerging Technology in Nigeria

Published

on

Kindly share this post

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.

 


Kindly share this post
Continue Reading

Telecom

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

Published

on

Kindly share this post

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.


Kindly share this post
Continue Reading

Telecom

NCC Licences Six New ISPs to Challenge Telcos, Satellite Giants

Published

on

Kindly share this post

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.


Kindly share this post
Continue Reading

Trending