Telecom
Ericsson Innovation Awards 2020: Taking on Climate Change

Ericsson is officially launching its annual Ericsson Innovation Awards (EIA) 2020, a global competition that offers university students around the world the chance to develop new, innovative ideas with support from Ericsson experts.
The theme in 2020 is “Reclaim the future,” which centers on addressing current and future climate challenges and focuses primarily on how information and communications technology (ICT) can provide radical climate change mitigation for consumers and industries alike.
Based on Ericsson research, ICT solutions have the potential to improve energy use in industrial operations, minimize negative environmental impacts, and enable a reduction of global carbon emissions by up to 15 percent by 2030.
Heather Johnson, Head of Sustainability & Corporate Responsibility, Ericsson, says: “Through our research and collaboration with academia and industry partners, we know that digitalization will drive the innovation and opportunities we need to achieve a 1.5-degrees-Celsius future in line with the Paris Agreement.
“That’s why this year’s Ericsson Innovation Awards will challenge some of the best and brightest students sharing our passion for innovation to demonstrate how technology can support climate action.”
We believe that young people drive innovation and development when it comes to current pressing issues. That’s why, with innovation at the heart of Ericsson, we want to invite young talents to register for Ericsson Innovation Awards 2020.
Who can enter, dates and prizes
Ericsson Innovation Awards is open to students currently enrolled in University studies. Students from around the world are invited to enter the competition and are encouraged to form diverse teams of two to four members. Teams must register and submit their ideas by September 30, 2020.
This year, 14 teams will advance to the semi-finals, where they will have the opportunity to receive mentorship from Ericsson experts before competing to claim one of three spots in the finals. The three finalist teams will then go on to compete in the Grand Final event (held digitally this year) in December 2020. The winning team will receive a cash prize of EUR 25,000, with a second-place prize of EUR 15,000 and a third-place prize of EUR 5,000.
History
The global innovation competition was first launched in 2009 as the Ericsson Application Awards. In 2015, the scope was broadened to focus more on innovation, when it was renamed the “Ericsson Innovations Awards” and made exclusive to students.
The Ericsson Innovation Awards remains one of Ericsson’s greatest opportunities to reach students around the world and cultivate relationships with the next generation of innovative change-makers while helping to drive and enhance positive innovation.
2019
The theme of 2019 was “Dive deeper,” which challenged students to harness the power of water and underwater material environments to develop innovative solutions to global challenges.
Exploring this theme, more than 2,000 university teams represented 120 countries in the competition. The winning team was the Adelaide Bio-AUV team from the University of Adelaide, Australia, with their bioinspired autonomous underwater vehicle (Bio-AUV) designed to help reduce the effects of climate change.
2018
2018’s theme was “the Future of Truth,” which challenged students to answer the question of how technology can improve the way we find, validate, and share truth in a fully connected world. Exploring this theme, 1,444 university teams represented 107 countries in the competition.
The winning team — Team OwnLabs from the Ecole Supérieure Polytechnique de Dakar and Université de Ziguinchor in Senegal — developed a solution addressing the lack of school labs in Africa by offering physics, chemistry, and biology classes in virtual reality via smartphones.
Telecom
MTN Foundation Hosts Stakeholders to Tackle Rising Drug Abuse Among Youth

MTN Foundation hosted its annual Anti-Substance Abuse Programme (ASAP) Conference on July 9, 2025, at the MTN Rooftop in Ikoyi, Lagos, bringing together stakeholders from government, healthcare, education, security, civil society, and the private sector to address the growing challenge of drug abuse among Nigerian youth.

L-R: Tobe Okigbo, Chef Corporate Services Officer, MTN Nigeria; Archieabia Ibinabo, Assistant Commander General of Narcotics, representative of Brig. Gen Mohammed Buba Marwa, Chairman/CEO, National Drug Law Enforcement Agency (NDLEA); Barrister Abimbola Salu-Hundeyin, Secretary to the Lagos State Government, (representative of His Excellency, Governor of Lagos State, Mr. Babajide Sanwo-Olu); RT. Honourable Princess Lasbat Mojisola Meranda, Deputy Speaker, Lagos State Assembly; Dr. Mosun Olusoga, Chairman, MTN Foundation; Odunayo Sanya, Executive Director, MTN Foundation, and Dr. Tolu Ajomale, Head of Special Projects and Mental Health, Lagos State Ministry of Health (representative of Prof. Akin Abayomi, Commissioner for Health, Lagos State) during the MTN Anti-Substance Abuse Programme (ASAP) Lagos Conference held in commemoration of World Drug Day at the MTN Rooftop, Ikoyi, Lagos on Wednesday, July 9, 2025.
Prominent attendees included Dr. Mosun Olusoga, Chairman of MTN Foundation; Barrister Bimbola Salu-Hundeyin, Secretary to the Lagos State Government; and Dr. Tolu Ajomale of the Lagos Ministry of Health, among others. Also present were representatives of NDLEA, UNODC, academia, psychologists, recovery advocates, and youth leaders.
Speaking on behalf of Governor Babajide Sanwo-Olu, Salu-Hundeyin reaffirmed Lagos State’s commitment to safeguarding its youth and fostering a future free from substance abuse. Dr. Olusoga emphasized that drug addiction extends beyond health, touching families, communities, and national well-being, calling for proactive, united action.
MTN Nigeria’s Chief Corporate Services Officer, Tobe Okigbo, stressed the company’s long-standing dedication to youth development through initiatives like ASAP. NDLEA’s Assistant Commander General of Narcotics, Archieabia Ibinabo, representing Brigadier General Buba Marwa, commended MTN Foundation as a vital ally in drug prevention efforts.
The conference featured personal stories of recovery in a session titled “Journeys Through the Fire,” followed by a panel discussion on multi-sectoral solutions to substance abuse. It concluded with a dramatic performance, “Just One Breath,” by LASU’s WADA Club, illustrating the personal and societal toll of drug use.
Executive Director of the MTN Foundation, Odunayo Sanya, closed the event with a powerful call to action, urging media, communities, and policymakers to drive sustained investment in youth empowerment and early intervention.
The Foundation reaffirmed its commitment to building resilience among young Nigerians and catalyzing cross-sector partnerships for a drug-free future.
Telecom
MTN MUSON Music Scholars Graduate in Style at Lagos Ceremony

MUSON Centre, Onikan, Lagos, was filled with music, pride and emotion on Thursday, July 4, as the Class of 2025 of the MTN Foundation–MUSON Diploma in Music graduated in a ceremony that celebrated discipline, artistry and the power of partnership in nurturing young Nigerian talents.
The event marked the culmination of two years of intensive training for the graduating scholars, supported by the MTN Foundation–MUSON Scholarship Programme. This partnership has provided full scholarships to hundreds of talented Nigerians, giving them access to world-class music education and helping them hone their skills as professional musicians.
Speaking at the ceremony, Dr. Mosun Olusoga, Chairman of the MTN Foundation, praised the graduates for their resilience and dedication. “Despite personal and financial obstacles, you showed up with determination, supported one another and embodied the values of excellence and empathy. You are stepping into the world as teachers, performers and cultural advocates. Nigeria and the world need your music now more than ever,” she said.
Chairman of MUSON’s Board of Trustees, Louis Mbanefo, SAN, reflected on the legacy of MUSON and the impact of its partnership with MTN. “Through the generosity of MTN and the dedication of our faculty, MUSON has produced more than 500 graduates who are making significant contributions to Nigeria’s cultural scene and beyond. As you join this vibrant alumni community, remember your responsibility to give back, uphold excellence and enrich the nation’s musical heritage,” he said.
Director of the MUSON School of Music, Princess Banke Ademola, described the graduates as ambassadors of discipline and artistry. “Today, we are not just sending graduates into the world; we are releasing ambassadors of discipline, creativity, and cultural excellence. Each of you has proven that with hard work and resilience, music can transcend challenges and inspire change. Go out there and let your music heal, connect, and transform lives.”
In her speech, Chief Mrs. Joke Chukwuma, Yeye Oba Iye of Ekiti Kingdom, encouraged them to use their music to inspire change and heal communities. “Music is the heartbeat of our culture, and today’s graduates are its future custodians. You are not just musicians; you are storytellers and architects of emotion. Carry your craft with pride and remember that your sound has the power to give voice to the voiceless and light to the world.”
As the graduates received their diplomas to loud applause, the event highlighted the impact of public-private collaboration in advancing Nigeria’s creative industries. The MTN Foundation–MUSON partnership continues to inspire hope for the future of music in Nigeria, turning dreams into reality and passion into excellence.
Telecom
Nvidia Overtakes Apple and Microsoft to Claim Global Tech Crown

Nvidia has become the first publicly traded company to hit a $4 trillion market valuation, surpassing tech giants Apple and Microsoft. Shares rose 2.5% in early trading on Wednesday, July 9, lifting the chipmaker’s market cap past the historic milestone.
Nvidia’s rapid rise reflects its dominant role in powering the global artificial intelligence boom. The company’s chips run the data centers behind AI models and cloud services for Microsoft, Amazon, Google, and more. Global spending on AI infrastructure is expected to top $200 billion by 2028, driving further demand.
Nvidia’s revenue for the quarter ending in April soared 69% year-over-year to $44.1 billion. Its stock has climbed nearly 20% this year, despite facing export restrictions and fresh competition from China’s DeepSeek, which briefly rattled markets. Nvidia shares dropped as much as 37% from January to April, before roaring back to gain almost 74% since early April.
Analysts say Nvidia’s success cements it as the backbone of the AI revolution. “There is one company in the world that is the foundation for the AI revolution, and that is Nvidia,” wrote Wedbush Securities’ Dan Ives. He predicts Microsoft, currently valued around $3.77 trillion, will also cross the $4 trillion threshold later this summer.
Nvidia rose to prominence through graphics cards loved by gamers, but now leads in AI hardware, from autonomous vehicles to next-gen chips like the Blackwell Ultra, which promises to support more advanced reasoning in AI models.
The company’s surge has also made CEO Jensen Huang one of the world’s richest people, with a net worth of roughly $140 billion. Huang has met with President Trump and joined other tech leaders on trips abroad, as Nvidia partners in major initiatives like Project Stargate, a $500 billion push to expand US AI infrastructure.
Despite challenges from new players and US-China trade tensions that cost it an estimated $2.5 billion last quarter, Nvidia’s outlook remains bright. On a May earnings call, Huang said AI would become essential for “every country” and “every industry,” from software and healthcare to manufacturing and transportation.
Some on Wall Street believe Nvidia’s rise is only beginning. Loop Capital analysts recently projected the company could reach a staggering $6 trillion valuation by 2028, calling it “essentially a monopoly for critical tech” in the AI space.
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