Telecom
Danbatta Urges Youths to Embrace, Utilise ICT to Live & Lead in Future

Reckoning that 70 per cent of the new value to be created in the economy over the next decades will be based on digitally-enabled platform business models, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC) has stated unequivocally that it is focused on implementing all sectoral interventions focused on Information and Communication Technology (ICT) youth empowerment. Prof. Umar Danbatta.
Danbatta made this declaration while delivering the 10th and 11th combined Convocation Lecture of Fountain University, Osogbo, Osun State.
He asserted that the resolve of the Commission to pursue very vigorously a bouquet of ICT programmes focused on the youth is based on the projected opportunity for the youth in the emerging ICT-based labour market.
Danbatta recalled that statistics from Global System for Mobile Communication Association (GSMA) and the World Economic Forum (WEF), have indicated that unique mobile subscriptions are expected to grow up to 5.7 billion by 2025 with concurrent growth in Subscriber Identity Module (SIM) connections, and Internet subscriptions and corresponding growth in operators’ revenue and investment.
The CEO of NCC also said that fourth generation (4G) connections are expected to grow to 57 per cent; Fifth Generation (5G) is also envisaged to have 1.8 billion connections; usage of smartphones are projected to grow to 81 per cent; Internet of Things (IoT) will grow from 13.1 billion to 24 billion connections; and contribution to Gross Domestic Product (GDP) by the mobile industry is expected to grow by, at least, 5.1 per cent by 2025.
The implications of the foregoing, according to Danbatta, is a huge, incredible opportunity for youth to own businesses.
“Therefore, while NCC is working collaboratively and strategically with its supervising ministry, Federal Ministry of Communications and Digital Economy, it is also working with young Nigerians to prepare them for harnessing these opportunities for personal and national prosperity.
“It is this huge prospect that informed NCC to institute a number of initiatives and interventions targeting the youth in a unique and unprecedented institutionalisation of strategic collaboration and partnership,” he said.
The programmes, according to Danbatta, include the ICT Hubs Support and Engagement, which is a forum that brings together key players, actors and the youths in Nigerian tech-ecosystem to deliberate and suggest policy framework and strategies that could further develop the sector to catalyse improved local content in the ICT/telecommunications sector.
There is also the annual ICT Innovation Competition and Exhibition aimed at facilitating sustainable digital start-ups development through a platform to showcase their digital innovative solutions.
Also, the Annual Hackathon is designed to challenge start-ups and tech hubs in Nigeria to produce impactful and sustainable innovative solutions that will address common societal challenges using digital technologies.
Danbatta said the ICT Park Project being built across the six geo-political zones of the country to boost digital skills among young people, promote innovation, provide jobs for young Nigerian and ultimately support the Federal Government Digital Agenda is equally a strategic programme focused on harnessing and optimising the youths’ creative energy for development.
Other related projects in this regard include the NCC National Essay Competition engaging undergraduates in Nigerian tertiary institution to explore and enhance research in tertiary institutions and build capacity.
In addition, the school support programmes which include the Digital Awareness Programme (DAP), a special intervention initiated as a Corporate Social Responsibility (CSR) project in response to the digital information knowledge gap observed in the country; as well as the Advanced Digital Appreciation Programme for Tertiary Institutions (ADAPTI), instituted to bridge the knowledge skill gap in higher institutions of learning, largely target the youth and students.
Accordingly, Danbatta called on the youth to consciously take note of emergent segments in ICT that are available for them to explore. These, according to him, include Blockchain, Artificial Intelligence (AI), Cloud computing, Internet of Things (IoT) and Big Data.
He also enjoined youths and students to pay attention not only to any of those technology segments but also their overlapping variables such as hyper-connectivity, super-computing, cybersecurity, and smarter world such as robotics, 3D printing, and sensors – which are at the heart of the circular economy.
In recognition of the innovative minds of Nigeria’s huge youth population, Danbatta said the NCC had put all the ICT youth empowerment initiatives to support a digitally-skilled workforce that will fit into the Digital Economy Project of Nigeria.
“The Commission is committed to fostering partnership and collaboration with the technology hubs and startups, to accelerate innovations and the creation of a digitally-skilled workforce for industrial growth and sustainable development of the nation,” the EVC said.
Telecom
Crypto Exchange MEXC Rolls Out P2P Support for Naira, Birr, and Rupee

In a strategic move to deepen its presence in emerging economies, global cryptocurrency exchange MEXC has launched peer-to-peer (P2P) trading support for three new fiat currencies — the Nigerian Naira (NGN), Ethiopian Birr (ETB), and Pakistani Rupee (PKR). This expansion reflects the company’s increasing focus on localising crypto access in high-growth, underbanked regions.
The addition of NGN, ETB, and PKR to MEXC’s P2P platform enables users in Nigeria, Ethiopia, and Pakistan to trade major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC) directly with their local currencies.
The trades come with zero transaction fees, in line with MEXC’s strategy to lower entry barriers for users and encourage grassroots participation in the digital asset economy.
The update is more than a technical expansion — it underscores MEXC’s recognition of Africa and South Asia as rising crypto frontiers. Nigeria, often cited as one of the world’s fastest-growing crypto markets, and Ethiopia, where digital finance is beginning to surge amid reforms, represent key territories for crypto adoption. Similarly, Pakistan’s growing youth population and fintech appetite offer strong potential for crypto-enabled financial inclusion.
To support the rollout, MEXC is actively onboarding new merchants to its P2P platform. Merchants benefit from zero transaction fees, dedicated customer support, a special verification badge, and invitations to exclusive community events. The goal is to nurture a local network of verified sellers and buyers who can facilitate seamless and trusted crypto trades.
P2P trading — which allows users to transact directly without third-party intermediaries — is especially relevant in markets where banking infrastructure is either insufficient or heavily regulated. By bypassing traditional systems, P2P provides a lifeline for users seeking stablecoins, alternative stores of value, or more flexible remittance solutions.
This latest expansion signals MEXC’s intent to compete aggressively for market share in underserved territories while enabling more users to access and benefit from Web3 technologies. As global exchanges race to localise their services, MEXC’s early moves into fiat integration may prove pivotal in shaping the next wave of crypto adoption across the Global South.
Telecom
MTN Nigeria Unveils CPaaS Platform to Transform Business Communication

At the recently concluded NextNow Business Forum in Victoria Island, MTN Nigeria electrified the business community with a live demonstration of its forthcoming Communication Platform as a Service (CPaaS), a solution engineered to redefine how Nigerian enterprises connect with their customers.
Unlike traditional communication systems, MTN’s CPaaS is built for the realities of a mobile-first market. The platform unifies SMS, voice, WhatsApp, email, and more into a single, intuitive interface. This approach is especially significant in Nigeria, with over 107 million internet users, 45.4% of the total population, according to Data Report. This figure underscores the necessity for businesses to meet customers where they are.
During the demo, attendees witnessed how CPaaS enables two-way, real-time conversations between brands and customers. The platform’s support for rich media, instant analytics, and seamless integration with business workflows drew particular attention. These features are designed to empower businesses with data-driven insights and the agility to personalise every interaction, whether it’s a service notification, marketing campaign, or customer support exchange.
Akinbulejo Onabolu, Head of Enterprise Segment at MTN Nigeria, articulated the vision: “CPaaS gives enterprises the flexibility to interact with their customers on their preferred platforms; whether it’s chat, voice, or messaging, in a way that feels personal and immediate. We’re looking forward to the value this will unlock for businesses across industries once it launches.”
The fireside chat added depth to the conversation, with Omowunmi Olatunbosun, Head of SME Segment at MTN Nigeria, and Stephen Agbi of Bayobab, highlighting how digital engagement bridges the gap between businesses and audiences.
They emphasised that today’s consumers demand immediacy, relevance, and ease, qualities that CPaaS is built to deliver.
The stakes for digital transformation in Nigeria are high. In a report by Punch, the country’s enterprise tech market is projected to reach $22 billion by 2027, reflecting a surge in demand for scalable, cloud-based solutions that drive efficiency and customer loyalty.
The CPAAS Acceleration Alliance have estimated that globally, the CPaaS market is expected to grow from $14.7 billion in 2025 to $72.4 billion by 2035, at a compound annual growth rate of 18.4%, a testament to the platform’s transformative potential.
The event’s closing keynote from META’s Korhan Yunak reinforced the strategic value of digital channels like WhatsApp, which are now indispensable for business communication and engagement at scale.
As MTN Nigeria prepares for the Q3 2025 launch, the anticipation is unmistakable. With its promise of flexibility, intelligence, and seamless integration, MTN’s CPaaS platform is set to become the backbone of next-generation business-customer engagement in Nigeria, enabling enterprises to not just communicate but to connect, adapt, and grow in a digital-first era.
Telecom
MTN Mulls Establishment of Fintech Firm in Nigeria, Others

MTN Uganda is seeking input from stakeholders on a plan to structurally separate its mobile money service, MoMo, from its core telecoms business.
According to the company, the proposed change will be discussed at the upcoming extraordinary general meeting on July 2.
If approved, the telco’s fintech business will be run by a new company controlled by MTN Group Fintech Holdings B.V. and a trust benefiting minority shareholders following a merger.
Additionally, the restructuring also aligns with MTN Group’s ambition 2025 strategy which aims to unlock value, attract new investors, and strengthen regulatory compliance by creating standalone fintech entities in Uganda, Ghana, and Nigeria.
The company’s fintech division has over 13 million customers, with an 18.4% revenue increase in the first quarter of 2025, driven by 19.0% growth in mobile money services, 19.8% growth in transaction volumes, and a 31.4% increase in transaction value.
Reports say the decision is part of the telco’s compliance with the National Payment Systems Act 2020, which mandates mobile money businesses to operate as standalone entities, and to align with MTN Group’s regional fintech strategy.
MTN Uganda, which is led by CEO Sylvia Mulinge, highlighted that the implementation of the proposed transaction will be subjected to a number of conditions and regulatory procedures.
“The implementation of the proposed transaction shall be subject to a number of conditions, including the company and MTN MoMo receiving all required regulatory approvals and no-objections and complying with any regulatory conditions,” said MTN Uganda in notice.
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