Telecom
MTN Foundation Scholarship is a Step in the Right Direction for Improving the Educational Sector – Honorable Folasade

Folasade Adefisayo, Commissioner for Education, Ministry of Education, Lagos State, has commended MTN Foundation’s scholarship programme for outstanding Nigerian students.

L-R: Director, Science and Technology, Lagos State Ministry of Education, Grace Akinfoyewa; Executive Secretary, MTN Foundation, Odunayo Sanya; Director, MTN Foundation, Dennis Okoro; Chief Marketing Officer, MTN Nigeria, Adia Sowho and Senior Special Assistant on Education to the Governor, Lagos State, Adetola Salau, at the MTN Foundation Scholarship Award and Induction Ceremony, which held in Lagos State on April 1, 2022.
Adefisayo gave the commendation in Lagos on Friday during the 2021 MTN Foundation Scholarship Award and Induction Ceremony which held at the MUSON Centre, Onikan.
In her special address, delivered by the Director, Science and Technology, Lagos State Ministry of Education, Grace Akinfoyewa, the commissioner referred to the initiative as a step in the right direction in the pursuit of academic excellence for Nigerian students.
According to her, the Foundation has shown commitment to improving communities through its Corporate Social Responsibility (CSR) initiatives.
“I sincerely appreciate the MTN Foundation for this impactful CSR project, especially in Lagos State. Indeed, this laudable initiative of awarding scholarships to young students is highly commendable for its derivable opportunities and how it aids the pursuit of academic excellence of the science and physically challenged students.
“On behalf of Lagos State I happily appreciate MTN Foundation, organisers of this initiative and wish them the best as we collaborate towards adding value to the education sector of our state and nation,” she said.
Also present at the event was Senior Special Assistant on Education to the Governor, Lagos State, Adetola Salau. She described MTN Foundation as a beacon of hope and went further to acknowledge “MTN Foundation’s commitment to empowering youth and promoting academic excellence in public institutions through the scholarships.”
MTN Scholarships, under the Youth Development Cause of MTN Foundation, is an annual award that seeks to recognize and reward qualified high performing students in Nigerian public tertiary institutions.
This year, MTN Foundation awarded 370 scholarships to outstanding Nigerian students. Three hundred students received the MTN Science and Technology Scholarship; 60 Students received the MTN Scholarship for Blind Students and the top 10 UTME candidates in 2021, received scholarships as well.
In her opening remarks, while speaking to recipients of the MTN Scholarships, Executive Secretary, MTN Foundation, Odunayo Sanya said hundreds of thousands of students applied for the scholarships and only the best of the best were selected.
“Ours is a scholarship that celebrates the spirit of excellence. It is a call to do more. Whenever you feel down, always remember that every year the Foundation receives hundreds of thousands of applications and you made it as a scholar,” she said.
Adia Sowho, Chief Marketing Officer, MTN Nigeria, who gave a keynote address at the ceremony, encouraged the scholars to continue to take risks and strive for success irrespective of failures. She said, “I love failing because within failure is a lesson that better prepares you for tomorrow. When you fail, be upset for five minutes, find the lesson, pick your feet up, and move on. Recognize failure for the tool that it is.”
It is worthy of note that the MTN Foundation has awarded over N3bn in scholarships to 4,212 students from inception to date.
Upon graduation, each scholar takes part in the MTNF Skill Up Training to ensure they are well equipped to compete and add value to Nigeria’s labour market. They are also exposed to other opportunities for training and certification from notable organizations such as Project Management Institute (PMI).
Graduate scholars are also provided with information regarding job opportunities and other information of importance to their careers.
Telecom
Airtel Introduces Full Shopping Experience Within My Airtel App

Airtel Nigeria has upgraded its My Airtel App with a fully integrated eShop feature, transforming the platform into a complete digital shopping destination. With this update, customers can now enjoy a full retail experience directly within the existing subscriber app—beyond simply buying airtime or data.
The eShop feature offers a wide selection of products ranging from Airtel-branded items such as Home Broadband (HBB) devices and everyday retail items such as electronics, home appliances, fashion, and beauty products.
Speaking on the new feature, Director of Marketing at Airtel Nigeria, Ismail Adeshina, emphasized the brand’s ongoing focus on innovation and customer-centricity.
“At Airtel, we understand that today’s customers value convenience above all else. This update is part of our broader mission to simplify digital experiences and make everyday transactions easier and faster. By integrating the eShop directly into the My Airtel App, we’re eliminating unnecessary steps and giving users the freedom to do more within a single platform,” he said.
The update enhances the app’s functionality by allowing customers to access the eShop directly from the home screen, eliminating the need for external redirection to web browsers or third-party platforms.
“We’re moving beyond basic connectivity towards building a digital ecosystem that supports the lifestyle needs of our customers. Whether it’s purchasing a device, recharging, or shopping for everyday items, we’re putting more power and choice in the hands of our users,” Adeshina added.
The My Airtel App continues to serve as a key platform for Airtel subscribers, offering self-service options, quick access to bundles, account management tools, and now, a more robust digital shopping channel.
Telecom
Nigerians May Pay More for Calls, Data as Senate Okays 5 Percent Excise Duty

Telecommunications subscribers in the country could soon be paying 5 percent more for data and voice services if President Bola Tinubu signs Nigeria Tax Bill 2024 into law.
Passed in the Senate on May 8, 2025, the bill reintroduces a controversial 5 percent excise tax on telecom services, a move telecom operators, subscribers and consumer rights groups have strongly opposed.
The bill revived the excise tax first introduced in the Finance Act of 2020 during the administration of former President Muhammadu Buhari.
President Bola Ahmed Tinubu had suspended the tax in July 2023, citing concerns that it could exacerbate inflation and hinder access to digital services, especially for low-income Nigerians.
The 2020 Finance Act had expanded the list of goods and services subject to excise duty, including telecom services.
However, the measure drew immediate and widespread criticism from telecom operators and consumer advocacy groups, who argued that the additional cost would burden citizens and increase the price of essential services in an already fragile economy.
Excise duty is a tax on certain goods produced or sold within a country and other activities as may be specified in the enabling law, including services.
As contained in the 2022 Finance Act, the tax is chargeable on all services regulated by the Nigerian Communications Commission (“NCC”) listed as postpaid and prepaid services at the rate of 5% for 2022, 2023 & 2024.
According to a report by PWC at the time, prior to the suspension of excise duty on certain goods in 2009, excise duty was applicable on recharge cards/vouchers.
The telecommunication companies are to pay the tax based on the excisable value of postpaid and prepaid services.
In July 2023, President Tinubu signed an Executive Order suspending the “5% Excise Tax on telecommunication services as well as the Excise Duties escalation on locally manufactured products.”
Telecom
Mastercard Report Reveals Top Travel Trends Shaping Africa in 2025

Mastercard Economics Institute (MEI) has released its annual Travel Trends 2025 report, revealing the latest consumer spending insights and motivation when it comes to travel.
Cross-border movement is often influenced by the most pressing economic factors of the moment, such as exchange rates and geopolitical tensions. However, these are not the only factors driving consumers’ travel spending decisions, including those in Africa. Personal and purpose-driven factors remain powerful even when economic uncertainty looms.
Building on the resilience of the global travel sector seen last year, the 2025 report highlights how destinations across the African continent are increasingly appealing to tourists and, creating additional opportunities for local markets to develop tourism.
“Africa is emerging as a global leader in purpose-driven travel, where nature, wellness, and culinary experiences are redefining the continent’s tourism landscape. These trends present a powerful opportunity to drive inclusive growth, support local economies, and position Africa as a key player in the future of global tourism,” said Mark Elliot, division president, Africa, Mastercard.
Whether drawn by Namibia’s wellness retreats, South Africa’s wilderness experiences or Morocco’s vibrant culinary scene, travelers are expanding their horizons beyond traditional hotspots.
“Tourism is playing an important role in Africa’s growth story. Travelers are increasingly drawn to the continent’s natural beauty, culinary diversity, and wellness experiences. While economic and geopolitical factors matter, the pursuit of meaningful, purpose-driven travel remains strong. The Mastercard Economics Institute’s report sheds light on how countries are tapping into this trend to attract visitors and boost local economies,” said Khatija Haque, chief economist EEMEA, Mastercard Economics Institute.
By exploring a full range of travel motivations, the report identifies the main themes shaping travel today:
Africa trends:
- Nature-fueled adventures: South Africa and Zambia dominate cross-border spending around national park areas. Spending around South Africa’s major national parks far outpaced that of other countries, with nearly a quarter of the cross-border spending occurring within these zones. Zambia is also highly ranked as an outdoor adventure destination.
- Culinary crossroads: Marrakech ranks highly on the foodie list with its median restaurant hosting tourists from many different countries, often to enjoy meals of tagine and b’stilla. Cape Town is also on the list, with its bobotie dish proving popular with visitors.
- Wellness in the wild: Africa is establishing itself as a global leader in wellness-centered travel as consumers prioritize rejuvenation and self-care. Namibia, South Africa and Botswana are among the top destinations for travelers seeking spa-style and nature-based retreats and immersive eco lodges. Kenya is also ranked among the top 20 destinations for wellness In the Mastercard Wellness Index 2025.
Other global trends:
- Spa, summit and savor: Personal passions and goals motivate travel choices. Adventure-seekers are heading to the Nordics, where Finland’s national parks account for 7.1% of cross-border spending in the country.
- Summer destination draws: The Asia-Pacific region commands the list of trending summer destinations. Flight booking data reveals the top global destinations gaining most momentum for June-September travel, relative to last year. Tokyo is the number one trending spot for summer 2025, followed by Osaka and then Paris.
- Fuelled by fans: Fans travel internationally to see their favorite teams and athletes play. Case in point? During Shohei Ohtani’s World Series debut, spending by Japanese visitors in Los Angeles surged by 91%, six times the broader cross-border boost.
- Money matters: Despite geopolitical tensions and fluctuating prices, the factors that motivate consumers to travel are often more complex than just economic. But currency depreciation can make certain destinations, like Japan, more attractive due to their better value for money.
- Wheeling and dealing closer to home: In general, business travelers favor longer trips within their own regions, driven by hybrid work models and geopolitical uncertainty. However, there are exceptions, with UK businesses spending a growing share of their travel budgets in Asia, Europe, the Middle East and Africa.
Mastercard is dedicated to helping the global tourism sector grow through market analysis and high-frequency, data-driven insights that enhance the travel experience. By empowering destinations and businesses to better understand evolving consumer trends, Mastercard is helping to shape a more connected and resilient future for travel across Africa.
You can view the full “Travel Trends 2025: Purpose-driven journeys” and other reports and insights from the Mastercard Economics Institute can be found here.
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