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Exploring Merger, Acquisition and Strategic Alliance Opportunities in Courier

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Since the courier business has been described as a business that involves much capital to be able to provide the necessary logistics that will avail seamless services, it is therefore desirable that operators pool resources together to be able to stand on a strong footing in their chosen business.
This view has been canvassed by some stakeholders in the courier business as a measure to stop the proliferation of mushroom courier houses in the country. They argue that it is not just enough to float a courier company by virtue of the fact that one is capable of paying the license fee. Some courier companies have closed shop soon after they were opened as a result of inadequate preparation and feasibility studies of what to expect in the business.
Agreed that we have as at the last count about 234 registered courier companies in Nigeria today, the important question is how many of these companies are viable and competing in the market? The clampdown often carried out by men of the Courier Regulatory Department (CRD) of Nipost, the regulatory body for the postal and courier sector in Nigeria,  is on some of these licensed and registered courier companies which actually may have got the operational licenses in the first  place but may overtime become incapable of renewing their licenses as required by the CRD guideline. Instead of closing down business totally, what some of them do is to still operate skeletal services which by so doing they flout the CRD rule.
In the global economy, partnership and collaboration are becoming the way out of the global economic downturn such that mergers and acquisitions have suddenly become common registers in the modern day business. The result of most mergers is that merged company always turns out to become stronger and better, every other thing being well taken care of. Resources, human and capital when put together in the right place will lead to a synergy. In the courier industry for instance, merger can lead to improved transit time, better return on investment and growth.
However, caution should be taken to prevent companies of unlike minds from coming together to do business.
In a very bad situation where a company has lost hope of surviving in business, such company can be acquired by a stronger one instead of allowing it to die completely. Some of the international players in the courier business like the FedEx Red Star, TNT/ IAS at some point in time embraced partnership opportunities when they came.
Mergers specifically must not be between or among local and international courier players. Indigenous firms that have like minds can also team up to become a commercial business model with competitive business strategies.
Globally , Deutshe Post, TNT Post Group, France’s La  Poste and Consignia often referred to as “the big four” are major postal enterprises at the change frontier which have expanded into courier, express and parcel and logistics with  laid down  multinational networks which became possible as a result of acquisitions and strategic alliances. They have now grown big and are in direct competition with global giants like the United Parcel Service and the FedEx.
 The integrated express industry   contributes significantly to the economic and social development of the country and other nations through its role in expanding international commerce and trade.  Our indigenous courier companies cannot continue to be underdogs in the access to global supply chains that are increasingly essential in economic competitiveness for individual businesses and nations. We have courier professionals in the country who can match their foreign counterparts entrepreneurially. Perhaps, what is lacking is trade liberalization, improved engineering and information technologies, and improved and cheaper air transportation. If all these factors are addressed, courier will definitely witness a higher growth than its estimated N10 billion current investment status.


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Telecom

Mafab Gets 0724 Number Series, Launches Mcom 5G Brand

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Mafab Communications, operating under the brand Mcom, has officially activated its mobile service infrastructure and commenced offering telecommunications services — including voice, data, and SMS — with new number range, Nigeria CommunicationsWeek can report.

Mafab Gets 0724 Number Series, Launches Mcom 5G Brand

Dr. Musbahu Bashir, founder Mafab, owners of Mcom

Nigeria Communications Commission (NCC) has also confirmed the entry of Mcom which listed 0724 as officially assigned to Mafab.

An insider at Mafab told this reporter that “ We are Nigeria’s first 5G standalone network provider, revolutionizing the telecommunications landscape.  We are driven by a vision to foster a world where possibilities know no bounds with the power of technology”

Recall that the original 5G licence was awarded to Mafab in 2021, with an expectation that rollout would have fully commence by August 2022.

MTN Nigeria, the other winner of the license adhered to this timeline and deployed its 5G across major cities like Lagos, Abuja, and Port Harcourt.

Mafab on the other hand, requested and was granted an extension of time, which it have finally taken advantage of by the recent launch.

Mafab Communications is owned by Dr. Musbahu Bashir, who is also the founder and chairman of the company.

He is the individual behind the Mcom 5G brand and has been instrumental in launching the company’s 5G services.


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General News

NASRDA, Galaxy Space Firm Sign MoU on Satellite Connectivity

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National Space Research and Development Agency (NASRDA) has signed a Memorandum of Understanding (MoU)  with Galaxy Space, Chinese LEO satellite player,  to deploy direct‑to‑device (D2D) satellite services nationwide by the end of this year.

NASRDA, Galaxy Space Firm Sign MoU on Satellite Connectivity

According to media reports, Galaxy Space will integrate its LEO satellite constellation into Nigeria’s telecom grid, which will allow existing smartphones and laptops to link directly to the satellites.

The MoU also covers technology‑transfer programmes, joint R&D labs and the co‑production of a CubeSat by Nigerian engineers.

Apart from the benefit of enabling mobile coverage outside of terrestrial network range,  Dr Matthew Adepoju, director- general, NASRDA, said the deal with GalaxySpace would enable Nigeria to build up its domestic space technology sector.

“It is no longer acceptable that we must import every single device we need,” he told the News Agency of Nigera. “The time has come for us to produce our own technologies here at home.”

GalaxySpace, which designs and manufactures its own LEO satellites, currently has a test constellation of seven LEO satellites in orbit, and has said its “Mini-Spider” constellation will eventually comprise up to 1,000 satellites.

GalaxySpace said  it has also signed multi-tier partnerships in Thailand, the United Arab Emirates, Saudi Arabia, Indonesia, and Malaysia.

Last year, it also signed a deal with Hong Kong carrier PCCW Global to integrate its LEOsat connectivity with PCCW’s worldwide network, giving it access to over 3,000 cities across the Americas, Europe, Africa, the Middle East and Asia-Pacific.


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E-Financial

Bank Customers Petition CBN over Illegal Deductions, Demand Action

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Bank Customers Association of Nigeria (BCAN) has written to the Central Bank of Nigeria (CBN) seeking urgent intervention over what it describes as persistent and unauthorized charges being deducted from customer accounts across the country.

Bank Customers Petition CBN over Illegal Deductions, Demand Action

This was revealed by Uju Ogubunka, president, BCAN, during the 2025 Artificial Intelligence Conference hosted by SuperNews in Lagos.

Themed “Power of AI: Enhancing Efficiency and Customer Satisfaction for Better Financial Services Experience”, the event brought together stakeholders in the banking and fintech sectors.

Ogubunka expressed concern that many of the charges deducted from customer accounts particularly under the end-user billing model for Unstructured Supplementary Service Data (USSD) do not fall within the framework of fees approved by the CBN.

“On the issue of excess charges, we have formally written to the Central Bank of Nigeria seeking a permanent solution. If that doesn’t happen soon, Nigerian bank customers may have no option but to publicly demand accountability,” he warned.

The BCAN President painted a grim picture of banking satisfaction levels in the country, arguing that many customers remain deeply frustrated by poor service delivery, even as banks boast of adopting digital and AI-driven tools.

“Let’s be honest customer satisfaction in Nigeria’s banking sector today is practically non-existent. The number of complaints, petitions, and legal disputes being filed daily at the Bankers’ House, CBN, NDIC, and mediation centres tells the real story,” Ogubunka said.

He noted that if artificial intelligence had truly taken root within financial services as advertised, many of the recurring issues such as transaction failures, poor response times, and vague charges would already be resolved.

Johnson Chukwu, the conference keynote speaker and a respected financial expert, spotlighted the immense potential AI holds for transforming Nigeria’s financial landscape especially in areas like consumer lending, customer experience, and fraud detection.

Chukwu said AI now enables instant consumer credit scoring, making it possible for financial institutions to offer small personal loans with minimal human involvement.

“Today, consumer credit is expanding because AI tools can assess your income and spending habits. Telcos know your payment patterns, your locations, even where you smoked last night. That data enables quick credit decisions you apply, and within minutes, the loan is disbursed,” he explained.

Chukwu also emphasized how AI can drive hyper-personalisation in service delivery.

“With AI, one million customers can be treated as one million unique individuals. The system recognises your face, fingerprint, and transaction behaviour. It tailors services that suit your lifestyle and financial goals.”

He added that the technology can also drastically reduce the time it takes to resolve complaints, citing AI’s ability to mine customer data and instantly identify root causes.

Chukwu concluded his remarks with a framework for AI adoption in financial services, listing seven essential “C’s”: Capacity, Capability, Collaboration, Creativity, Cognition, Continuity, and Control.

“Artificial Intelligence will shape the future of customer experience and service delivery. Financial institutions that fail to embrace it risk becoming irrelevant. The time to act is now,” he said.


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