Telecom
Earnipay Restates Bold Ambitions for the Financial Wellbeing of Salary Earners Across Nigeria
Against the backdrop that salaried employees often run out of money between paydays or are in a fix when the money they have can’t take care of pressing needs and bill payments, earned wage access and financial service provider, Earnipay, has doubled down on its bold moves to drive employee wellness through its innovative and flexible on-demand access to earned salaries and the new addition of financial education product; MINT and savings opportunities.
L-R: Adedotun Adegbite, Marketing and Comms Manager, Busayo-Onome Oyetunji, Chief Operating Officer, Nonso Onwuzulike, Chief executive Officer, Chioma Nwandiko, Product Manager, Joshua Ajayi, Chief Technology officer, all from Earnipay, during an interaction with journalists in Lagos on Wednesday.
Given that most employees when hamstrung financially resort to either borrowing, taking a loan, or requesting a salary advance and the attendant challenges that go with these problem-creating options that include exploitative interest rates, embarrassment from loan sharks and predatory payday lenders or going down the rabbit hole of further debts, and a plummeting of salary advance schemes, Earnipay enables employers to offer employees access to their earned salaries instantly at any time without making changes to their existing payment process nor any cost whatsoever.
For as low as 250 naira only, Employees are able withdraw up to 50% of their daily earned salary or as accrued at the time of access, at any time of the month and at no interest to them.
Addressing a news conference on the giant strides made by the organization, Earnipay founder and CEO, Nonso Onwuzulike said, we are ensuring salary earners have a better control of their finances by developing a network of tools and an ecosystem that enables them to reduce the time to access money, and make better decisions on how they spend, save and invest. With Earnipay, Payday is any day – he buttressed.
He furthermore expressed his firm’s dedication to ensuring financial wellness for all income earners in Nigeria while adding that the organization has provided up to 100m naira of flexible salary access to employees since launching in January and expects to provide their services to 200 thousand employees by the end of 2022, thus positively contributing to Nigeria’s socio-economic agenda.
“We are ready to go all the way with employers to improve the livelihood of their employees and ultimately facilitate a better employee-employer relationship”.
Employers need to build their reputation as businesses that care and the imperative to demonstrate this empathy is premised on the fact that the traditional payday structure has become largely ineffective in employee welfare and development. Earnipay empowers businesses to attract and retain top talent in an increasingly competitive employee marketplace, improve team’s productivity and eliminate the financial stress that holds back employees from performing optimally on their jobs without any disruption to payroll structure and systems.
Chief Operating Officer, Busayo-Onome Oyetunji noted that the company has over 40 employers that it is working with and glowing testimonials of how this revolutionary product has helped individuals in their time of dire need.
“Top management and HR leaders share the exciting testimonies of their employees upon using Earnipay, they are pleasantly surprised at the extent of value they get from using Earnipay, it has become an essential tool for everyday living ” she quoted.
She further stressed, in the growing age of employees wanting more from their employers by being an important part of their lives and Employers looking for ways to improve their reputation and contribute to the wholeness of their employees, Earnipay comes as a reliable and trusted solution. “What is wholeness without financial wellness”
Earnipay which started as an idea in July, 2021 with an initial team of 3, launched in January 2022 and has since raised $4 million in seed financing led by early-stage venture capital firm Canaan, with other participating investors that include XYZ Ventures, Village Global – A seed stage firm backed by Bill Gates, Jeff Bezos and Reid Hoffman, Musha Ventures, Voltron Capital, Ventures Platform and Paystack CEO Shola Akinlade.
At least 43 million lines were disconnected from networks service providers for non compliance with the National Identification Number (NIN) SIM linkage policy of the federal government, report has revealed.
The number of teleocm subscriber in the country fell by 43.7 million subscribers from 216,974,742 in April 2024 to 172,948,309.
This effectively reduced teledensity from 100.09 per cent to 79.78 per cent.
Teledensity is calculated based on Nigerian Population Commission’s projected population figure of 216 million, according to the NCC.
A breakdown showed that Airtel subscribers dropped from 62,933,351 in April 2024 to 58,586,914 in April 2025.
Globacom witnessed a drop from 62,055,248 in April 2024 to 20,607,726 in April 2025.
The amount of customers lost by Globacom was 20,607,726 making it the biggest loser.
9Mobile subscribers dropped to 2,964,445 in April 2025 from 8,956,568 subscribers in April 2024.
However, MTN Nigeria Communications was the only teleocm company that survived the shock.
MTN saw a rise in its subscribers from 82,716,236 in April 2025 to 90,508,170 in April 2025.
Analysis showed that the 43.7 million subscribers’ loss was a result of the disconnection of unregistered lines.
“The removal of Subscriber Identification Modules (SIMs) that are not linked to verifiable National Identification Numbers (NINs) and the rectification of a major discrepancy by a Mobile Network Operator explain the significant drop in Nigeria’s telecoms subscriber base,” the regulator explained in the report.
In 2022, the Ministry of Communications and Digital Economy announced the NIN-SIM linkage policy was for national security and accuracy of the national SIM ownership database.
Subscribers whose lines were not associated with a verified NIN were advised to complete NIN verification to reactivate their lines.
After multiple deadlines for compliance, the NCC set a final deadline of September 14, 2024, for Mobile Network Operators (MNOs) to complete the linkage process.
IHS Nigeria, a subsidiary of the IHS Towers group, announced on Thursday it has formed a strategic partnership with the Nigeria Security and Civil Defence Corps (NSCDC) to increase protection of critical telecoms infrastructure across Nigeria.
Under an MoU signed by both organizations, IHS Nigeria and the NSCDC plan to develop and implement strategies aimed at safeguarding IHS Nigeria’s assets and other telecoms infrastructure from theft and sabotage.
IHS Nigeria owns and operates over 16,000 towers in Nigeria and has deployed over 15,000km of fibre.
The NSCDC will aim to support IHS Nigeria for areas such as site surveillance, emergency responses and incident reporting.
That includes assisting in matters related to tower decommissioning as well as investigating, apprehending and prosecuting alleged site violators.
Mohamad Darwish, CEO, IHS Nigeria, said the collaboration with NSCDC was a key step to enhancing the resilience, reliability and availability of telecoms connectivity in Nigeria.
“By working closely with the NSCDC, which enforces the law that designates telecommunication towers as critical national information infrastructure, we aim to create a safer and more secure environment for our operations, including our infrastructure, and more importantly, ensure better quality of service for all users in Nigeria,” he said in a statement.
Vandalism and theft of fibre cables, backup batteries and other telecoms infrastructure has been a growing problem in Nigeria – so much so that Nigerian president Bola Tinubu declared telecoms infrastructure to be Critical National Information Infrastructure (CNII) via an executive order last year.
Nigerian Communications Commission (NCC) has issued a fresh directive mandating telecom operators to compensate subscribers when major service outages last longer than 24 hours.
The commission also mandated telecom licensees in Nigeria to inform consumers of major service outages on their networks through media channels, stating the cause(s) of the service interruption, and the area(s) affected by the service interruption/outage, as well as the time that would be taken to restore service.
Consumers must also be informed one week in advance where operators have planned service outages.
This development, contained in the “Directive on Reportage of Major Network Outages by Mobile Network Operators (MNOs),” is part of the Commission’s drive to ensure timely resolution of outages, enhance quality of experience for telecom consumers, and keep consumers informed.
According to the Directive, Mobile Network Operators, Internet Service Providers and other operators that provide last mile services will also provide proportional compensation, including extension of validity, as may be applicable and in line with the provisions of the Consumer Code of Practice Regulations, where any major network outage continues for more than 24 hours.
It identifies three types of major outages to include: Any network operational condition such as fibre cut due to construction/access issues/theft & vandalism and force majeure that impacts five per cent or more of the affected operator’s subscriber base or five or more Local Government Areas (LGAs); having an occasion of unplanned outage of, or complete isolation of network resources in 100 or more sites or five per cent of the total number of sites (whichever is less) or 1 cluster that lasts for 30 minutes or more; and lastly, any form of outage that can degrade network quality in the top 10 states based on traffic volume as specified by the Commission from time to time.
In furtherance of this, the Commission has further directed that all Major Outages are to be reported by operators through the Commision’s Major Outage Reporting Portal, which is accessible to the public through the Commission’s website, www.ncc.gov.ng. The portal additionally discloses the identity of the culprit responsible for the disruption.
Commenting on the Directive and the Major Outage Reporting Portal, the Director, Technical Standards and Network Integrity, Engr. Edoyemi Ogor stated that, “The Commission has trialed the reporting process and portal with operators for some months now before issuing the directive.
“By providing consumers and stakeholders in the telecommunications industry with timely and transparent information on network outages, we are entrenching a culture of accountability and transparency. This approach also ensures that culprits are held responsible for sabotage to telecommunications infrastructure.
“This also aligns with our broader commitment to the effective implementation of the Executive Order signed by President Bola Ahmed Tinubu, which designates telecommunications infrastructure as Critical National Information Infrastructure (CNII). It reinforces the need to safeguard these assets, given their centrality to national security, economic stability, and the everyday lives of Nigerians,” Engr Edoyemi Ogor said.
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