Telecom
Medallion Data Centre Appoints Oluseyi Olanrewaju as CFO

Medallion Data Centre, Leading provider of carrier-neutral data centre services, announced the appointment of an award-winning financial expert, Dr Oluseyi Olanrewaju as its new Chief Financial Officer.
An astute, diligent, value-driven finance professional, with over 20 years of progressive experience from global multi-billion-dollar companies, Olarewaju brings onboard Medallion Data Centre resourceful experience with a proven track record of success.
Prior to his appointment, Oluseyi was once the Executive Director of Finance, Board member, and Chief Financial Officer (CFO) at Vodacom Business Africa (Nigeria). He is currently a member of, Governing Council of The Institute of Chartered Accountants of Nigeria.

Oluseyi Olanrewaju
He has held various senior roles in Multinational Organizations like Mixta Africa, General Electric, MTN Nigeria, Dimension Data, PwC, Zenith Bank, Konga etc. He is a seasoned Finance/IFRS/IPSAS expert and respected analyst on Corporate Governance and Financial Reporting matters, with practical experience spanning virtually all sectors of business endeavour and the academics.
Known as an effective cross-functional team leader with creative problem-solving skills and decisiveness, he’s expected to foster productive partnerships with internal stakeholders and clients to achieve corporate goals, streamlining operations and controlling costs to deliver substantial revenue growth in highly competitive business markets.
His financial acumen spans key areas including general administration, payables, revenue reporting, receivables, general ledger administration, tax management, audit, treasury operations and risk management.
In 2019, he was named Chief Financial Officer of the year at the 5th Nigeria Finance Innovation Award held in Lagos.
Ikechukwu Nnamani, the CEO of Medallion Data Centres, said: “Oluseyi joins us at the period we are embarking on exciting expansion across the West African region. Having recently become part of Digital Realty, world leading Datacentre provider, we want to continue our growth strategy and improve our service offerings to current and potential customers, providing unmatched service in the data center space. Oluseyi is joining us at a time we need his expertise in financial engineering to ensure not just successful implementation of new world-class datacenters, but also making sure we continue to remain a profitable organization in our current datacenter operations”
Medallion’s datacenters are today the most connected facilities in West Africa. It is the region’s number one peering point connecting the sub-region to the rest of the world. Over 70% of all internet traffic switched at the Nigeria Internet Exchange takes place at Medallion’s datacenters. No other facility has the same number and concentration of operational International Submarine Fiber Operators (Mainone, Glo1, SAT3, WACs, ACE, etc); Digital Mobile Services Providers (MTN, Airtel, Glo, 9Mobile); LTE Service Providers (Smile, Ntel, InterC, etc); Long Distance Operators (Phase3, Multilinks-Telkom, MTN, Airtel, Globacom, etc); Metro Fiber Operators (Broadbase, 21st Century, VDT, IPNX, Suburban, etc); Critical National Contents Infrastructure (Nigeria Internet Exchange, Nigeria Internet Registration Agency, NCC CSIRT, NgREN, etc); OTT Service Providers (Google, Facebook, etc); VAS Providers (Brainshare, Platinum Index, Cedarview, Interra, etc); ISPs (Netfinity Africa, Internet Solution, Vodacom, Layer3, etc). Medallion ensures seamless interconnectivity and peering amongst these service providers.
Medallion is now part of the Digital Realty group of companies under the Digital Realty-Pembani Remgro JV. Digital Realty (NYSC: DLR) is the largest global provider of cloud- and carrier-neutral data centers, colocation and interconnection solutions. Digital Realty supports the world’s leading enterprises and service providers by delivering the full spectrum of data centre, colocation and interconnection solutions. PlatformDIGITAL.
The company’s global data centre platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture (PDx™) solution methodology for scaling digital business and efficiently managing data gravity challenges.
Digital Realty’s global data centre footprint gives customers access to the connected communities that matter to them with 290+ facilities in 50 metros across 26 countries on six continents. Digital Realty currently maintains over 170,000 cross connects and client base of over 4,500 customers. Digital Realty operates in the Americas as Ascenty; Europe and Middle East as InterXion; Asia Pacific as MC Digital Realty; East Africa as Icolo; West Africa as Medallion Data Centres Limited; and in South Africa as Teraco.
Telecom
IHS Nigeria Hosts Telecom Industry Stakeholders to Discuss Protection of Critical National Infrastructure in Lagos State

IHS Nigeria, part of the IHS Holding Limited (NYSE: IHS) (“IHS Towers”) group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, recently hosted a high-level meeting of stakeholders in the telecommunications industry including regulators and law enforcement agencies, at its corporate headquarters in Lagos.
The meeting was organized to develop a multi-stakeholder action plan for the protection of Critical National Information Infrastructure (CNII) assets in Lagos state.
Recognizing the importance of communications infrastructure as the backbone of national security, economic growth and social cohesion, the stakeholders at the meeting convened under the umbrella of the Association of Licensed Telecoms Operators of Nigeria (ALTON) agreed on the urgent need for collaborative solutions to ensure the protection of these vital assets.
The meeting was attended by senior representatives from the telecommunications stakeholder groups and regulatory bodies including the Nigerian Communications Commission (NCC), the Association of Licensed Telecoms Operators of Nigeria (ALTON), Association of Telecommunications Companies of Nigeria (ATCON) and the Lagos State Infrastructure Maintenance and Regulatory Agency (LASIMRA).
Also in attendance were representatives from the Mobile Network Operators (MNOs), and InfraCos as well as the Nigeria Security and Civil Defence Corps (NSCDC), the security agency tasked with the protection of Critical National Infrastructure across the country.
Following extensive deliberations, the stakeholders resolved to establish a working group dedicated to addressing key industry challenges, including the vandalization and theft of telecommunications infrastructure, arbitrary shutdown of base stations, fiber cuts due to road construction and the denial of access by unauthorized individuals by leveraging technology for real-time monitoring and protection, strengthening security measures around telecommunication sites and collaborating more with the security and regulatory agencies to mitigate these challenges.
The stakeholders underscored the need to prioritize deterrence and prevention of these incidents and highlighted the importance of public awareness campaigns to sensitize the host communities and public of the need to protect telecommunications infrastructure in their localities.
Dapo Otunla, Senior Vice President & Chief Corporate Services Officer of IHS Nigeria, commented, “The protection of Critical National Information Infrastructure (CNII) has been a critical concern for all industry stakeholders.
“We are experiencing daily losses of assets, which significantly impact on the quality of service delivered to subscribers. Addressing these issues is paramount to sustaining Nigeria’s digital ecosystem and meeting regulatory expectations.”
Telecom
MTN Champs Continental Relays: Over 1,000 Athletes Gear Up for Lagos Showcase

Over 1ooo athletes are already set to participate in the upcoming MTN Champs Continental Relays, taking place between April 9 and April 12 at the UNILAG and Yabatech Sports complexes. Organisers anticipate even more registrations before the April 2 deadline.
MTN Champs is Nigeria’s largest grassroots sports competition, a collaboration between MTN Nigeria and Making of Champs (MoC), providing a platform for young athletes to showcase their talents and potentially represent Nigeria on the global stage.
Osaze Ebueku, Senior Manager, Go-to-Market at MTN Nigeria at the opening ceremony of the MTN Champs Classics events in Benin had emphasised the long-term vision behind MTN Champs: “We’re building future Olympians for Nigeria. MTN Champs is about more than competition. It’s about changing lives.”
The continental relays mark the second leg of the MTN Champs Season 3, following the Classics competition in Benin, which saw 4,371 event entries from 2,056 athletes.
As of March 24, the Lagos leg had already recorded 2,821 event entries across different age categories, highlighting the growing enthusiasm around the competition.
The registered athletes are spread across four categories, with 174 in the Cadet (U-14) category, 388 in Youth (U-17), 270 in Junior (U-20), and 279 in the Senior category.
To ensure smooth participation, organisers have outlined important guidelines. Athletes in the Cadet, Youth, and Junior categories must submit a signed Parental Consent Form, while all registered schools and athletes must collect their competition bibs by April 8 at the competition venue to confirm their participation and secure their place on the start list.
Sports enthusiasts can look forward to an electrifying showcase of emerging talent, as young athletes seize the opportunity to prove their skills on a professional stage.
Telecom
Again, Labour Fumes, Threatens Shutdown of Telcos over Non-Implementation of 15 Percent Tariff Reduction

Nigeria Labour Congress (NLC) is threatening to shut down operations of telecommunications companies over their refusal to comment on the 15 percent reduction in telecom tariffs.
Recall that that organised labour, through the NLC, forced the federal government and NCC to reduce the telecommunications tariff hike from 50% to 35% after threatening to shut down telecom operations and the NCC in response to what it saw as exploitative economic policies amidst excruciating suffering, hardship, and deepening poverty.
The government had previously formed a 10-member committee, consisting of five government and NLC representatives, to deliberate on the thorny topic of tariff hikes within two weeks and report back before making a final decision on the new telecom tariff structure.
Consequently, on Friday, February 21, 2025, the committee, at a meeting conducted in the office of the National Security Adviser (NSA) that lasted nearly three hours, decided on a 15 per cent tariff cut.
According to reports, in accordance with the conditions of the agreement, an official communiqué announcing the tariff reduction was scheduled to be released on Saturday, February 22.
According to Chronicle,iIt was said that the meeting began at 4:00 p.m. and concluded around 7:00 p.m., during which NLC representatives insisted that the tariff hike be withdrawn.
According to sources, after significant pressure from NLC representatives in the 10-man committee, the government and NCC gave up and agreed on the 15% decrease, which the government or NCC should have announced the next day.
However, at the time of this report, no such announcement has been made.
Leaders of the labour union are not taking the government’s failure to announce or implement the 15% tariff decrease lightly, suspecting that they have been duped.
The Labour leaders have therefore resolved to directly confront the NCC and telecommunications operators next week.
Though it has been reported that the date for the start of the industrial action against the NCC and telecom providers has been set and mobilisation is underway, the information is being closely guarded.
One of the leaders of the NLC stated that “We have received directives to commence mobilisation since last week. In fact, the date for the commencement of industrial action against the NCC and telecommunication operators’ offices across the country has been fixed. We have been warned not to disclose the date because the plan is to take all concerned by surprise. We are not giving any notice because we thought we had resolved this matter over a month ago. It is as if we have been scammed. Therefore, we have decided to confront the matter head-on.”
On February 12, the NLC expressed outrage over telecommunications companies’ tariff hikes, despite an earlier agreement with the Federal Government and the NCC.
According to the Labour union, “If the telecommunications companies fail to revert to the old tariff by the end of February 2025, a total shutdown of their operations nationwide will commence on March 1, 2025.”
To demonstrate its seriousness, the NLC declared that, as a first step in resisting the arbitrary tariff hike, it directed that workers and other willing citizens boycott the services of MTN, AIRTEL, and GLO daily between 11:00 a.m. and 2:00 p.m. until the end.
On Tuesday, February 11, NLC leaders issued a communiqué at the conclusion of their Central Working Committee (CWC) meeting in Lokoja, Kogi State, urging workers and citizens to suspend data purchases from telecommunications companies, which have also become one of their most effective tools for exploiting Nigerian citizens.
The communiqué, signed by Joe Ajaero and Emma Ugboaja, Congress’ President and General Secretary, respectively, instructed NLC State Councils and industrial union affiliates to quickly sensitise and mobilise their members and the general public in their jurisdictions.
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