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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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E-Financial

Gambaryan, Binance Executive Leaves Company after 8-Month Detention in Nigeria

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Gambaryan, Binance Executive Leaves Company after 8-Month Detention in Nigeria

Tigran Gambaryan, Binance executive,  is leaving the exchange after four years of service, eight months of which were marked by detention in Nigeria for money laundering allegations.

Gambaryan, Binance Executive Leaves Company after 8-Month Detention in Nigeria

Tigran Gambaryan, Binance executive Pix created by photogrid

Gambaryan, praises Changpeng Zhao’s commitment to building a stronger compliance framework.

Having been cleared of all charges, Gambaryan’s departure from Binance marks the end of a tumultuous chapter for both him and the company.

Earlier yesterday, Tigran Gambryan shared an X post, announcing his departure from Binance. He wrote, “Today is my last day at Binance, marking the end of a chapter I’m deeply proud of.”

In a heartfelt farewell, Gambaryan reflected on his four-year tenure at Binance, where he built and led the company’s global investigations function.

Addressing founder Changpeng Zhao, he praised his commitment to building a stronger compliance framework. He noted,

“[CZ] was committed to bringing in experienced leadership to help the company engage more constructively with law enforcement. His support for our mission never wavered, and I’ll always be grateful for the trust he placed in me and the team.”

Further, he highlighted the team’s notable achievements during his tenure. Notably, the team handled over 57,000 law enforcement requests and provided critical support in cases involving financial crimes. He has also led the training of thousands of officials worldwide.

To exemplify, he highlighted cases like assisting the Royal Thai Police.

The team helped them in taking down a massive $270 million crypto fraud scheme targeting citizens in Thailand and the US. He also pointed to the collaboration with Nigeria’s EFCC to recover over $400,000 in illicit funds and provide advanced training to their agents.

Notably, his departure comes following Coinbase’s recent data breach.

The incident exposed personal details of prominent figures like Sequoia Capital’s Managing Partner, Roelof Botha.

Tigran Gambaryan was the Head of Financial Crime Compliance at Binance, who served the exchange for four years.

During a business trip to Nigeria, Gambryan was arrested along with another Binance executive over money laundering allegations.

During his nearly eight-month detention, Gambaryan reportedly endured harsh conditions that took a toll on his health.

Though Gambaryan suffered from malaria and pneumonia, he reportedly received inadequate medical care.

In addition, in a September 2, 2024, court hearing, Gambaryan was subjected to ‘inhumane treatment’ by Nigerian authorities, as evidenced by a video.

However, following consistent requests from his family and influential figures, Gambaryan was finally released and cleared of all charges in October 2024.

It is noteworthy that the Nigerian government sued Binance when the exchange was facing a lawsuit from the US SEC.

While Nigeria is still pursuing the case, the SEC recently dismissed its lawsuit against the exchange.


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General News

NITDA Makes Case for Inclusive Tech for Special Needs

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National Information Technology Development Agency (NITDA) has emphasized the importance of developing policies that intentionally include approximately 35 million persons with special needs in digital literacy and technology empowerment initiatives.

NITDA Makes Case for Inclusive Tech for Special Needs

Ms. Grace Jerry, executive director,  Inclusive Friends Association (IFA) and  Malam Kashifu Inuwa, director-general, NITDA.

This was stated by Malam Kashifu Inuwa, director-general, NITDA, in Abuja during a meeting with a delegation from the Inclusive Friends Association (IFA), a disability advocacy organization led by Ms. Grace Jerry, its executive director.

Inuwa noted that integrating persons with special needs into these programmes supports President Bola Tinubu’s agenda of economic reform and inclusive growth.

“This has brought to my attention the need to be more intentional in the way we design our programmes because there is no way we can achieve 95 per cent digital inclusion if we exclude 35 million Nigerians.”

“The agency has always been conducting targeted training for people with special needs in various parts of the country in the past.

“We will ensure that we expand our initiatives to all parts of country and our office facility have that in consideration but our programmes going forward will reflect this inclusion,” he said.

The Director General recommended including representatives from the disability community in national ICT committees tasked with setting standards, designing training curricula, and shaping policy frameworks.

He emphasized that their participation would ensure adequate representation and facilitate implementation beyond bureaucratic constraints.

He further advocated for the integration of disability-focused initiatives into national programmes such as the National Youth Service Corps (NYSC) tech schemes, women’s training cohorts, and other major technology-driven activities. According to him, these platforms offer vital opportunities for networking, skills development, and enterprise support.

“For us, it’s beyond just training. The real goal is empowerment, how we can train people to use IT to expand their businesses and improve their lives,” Inuwa said.

He reaffirmed the agency’s commitment to strategic collaboration and invited disability-focused organisations to partner with NITDA in shaping an inclusive digital economy.

Earlier, Jerry expressed appreciation to the agency for the engagement and highlighted the digital gap within the disability community.

She said the government’s goal of achieving 95 per cent digital literacy by 2030 would only be realistic if it was truly inclusive.

“Digital literacy is fast becoming a foundational skill for employment, and without deliberate inclusion, millions will be left behind,” Jerry said.

The meeting highlighted NITDA’s growing commitment to inclusive policy development, aligned with the nation’s economic reform agenda.

 

 


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Telecom

Airtel Recommits to Fraud Prevention after NCC’s N104m Fine for SIM Registration Breaches

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Airtel Nigeria has restated its commitment to transparency, customer safety, and regulatory collaboration following recent regulatory enforcement by the Nigerian Communications Commission (NCC).

Airtel Recommits to Fraud Prevention after NCC’s N104m Fine for SIM Registration Breaches

The NCC had served Airtel Nigeria a notice of sanction over some alleged SIM infractions in Kano State and consequently slammed a fine of N104 million on the telecommunications firm.

NCC had in  a letter, addressed to Airtel Nigeria Chief Executive Officer, dated May 26, 2025, signed by Chizua Whyte, head, Legal and Regulatory Services, and Mohammed Dari, acting head, Compliance Monitoring and Enforcement,  on behalf of Dr Aminu Maida, executive vice chairman, NCC,  titled: ‘Notice of Sanction: Non-Compliance with SIM Registration Directive in Kano,’ where the infractions were spelt out.

According to NCC, Airtel infractions include unauthorised SIM registrations using 198 unapproved devices, resulting in 8,275 registrations outside the 281 verified Airtel shops; premature activation of 63 MSISDNs prior to proper SIM registration, contrary to the provisions of the Registration of Communications Subscribers Regulations 2022; failure to conduct effective eyeballing, leading to 407 fraudulent SIM registrations with multiple NINs, contrary to the provision of the Registration of Communications Subscribers Regulations 2022 and failure to provide satisfactory explanation for SIM registrations conducted between 12.00 a.m and 6.00 a.m.

On the matter, the letter revealed that there were some letter exchanges and subsequent meetings on the infractions between the telecom regulator and Airtel, starting from January 12, 2025, March 19, 2025, March 24, 2025, and March 27, 2025, respectively.

Apparently, after investigations and responses from Airtel, the NCC was not satisfied and this led to the fine of N104 million, which was to be paid within seven days from the date the letter was issued.

Specifically, NCC fined Airtel N5 million, N12 million, N81.4 million and N5 million for the infractions respectively.

Reacting, Airtel, expressed appreciation to the NCC for uncovering the infractions, describing the development as a critical opportunity to strengthen internal processes and further align with national security and regulatory expectations

“We thank the NCC for its vigilance and continued support in protecting the integrity of the telecoms ecosystem. Airtel takes these findings seriously and is already implementing corrective measures,” a spokesperson for the company said.

Only recently, Airtel Nigeria’s CEO recently announced that the company is doubling its investment in the country, focusing on network expansion, fiber-to-the-street rollout, 4G/5G deployment, customer care upgrades, and digital infrastructure security.

These investments reinforce Airtel’s long-term vision of building a resilient and forward-looking telecom network that meets the evolving needs of Nigerians.

“Our systems are constantly evolving to stay ahead of scammers and malicious actors,” the spokesperson added. “This is not just about compliance; it’s about our responsibility to the millions of Nigerians who rely on Airtel daily.”

Airtel Nigeria says it will continue to work closely with the NCC and other arms of government to ensure high standards of service and safety for all telecom users nationwide.

 

 

 

 


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