Telecom
MTN Reaffirms Commitment to Enugu-Onitsha Expressway Rehabilitation

MTN Nigeria has reaffirmed its commitment to the completion of the reconstruction of Enugu- Onitsha expressway under the Federal Government’s Road Infrastructure Tax Credit Scheme (RITC).
The Enugu-Onitsha Expressway is a vital link connecting major economic hubs in the southeastern region of Nigeria. Through the Public-Private Partnership signed with the Federal Government of Nigeria, the technology company began the completion of the reconstruction of the 110km road in the Road Infrastructure Tax Credit Scheme (RITC).
The company partnered with the Federal Road Safety Corps (FRSC) under supervision of the Federal Ministry of Works in Awka and Enugu, to temporarily open the Amawbia, Anambra State and 9th Mile, Enugu sections of the partially completed Enugu-Onitsha Dual Carriage Way. This temporary opening is as a result of the festivities, to ensure smoother journeys and accident free holidays for road users.
“This is the period we witness the highest vehicular movement over the years. The end of the year is typically characterized with an increase in road traffic volume which leads to fatal accidents. As the lead agency in road traffic advocation and safety management, it is our mandate to provide effective road management strategies, ensuring hitch-free movement, and reduction of road traffic crimes.
In a bid to actualize this objective, the Corp has mobilized human and material resources, in partnership with other stakeholders to ensure safety and free flow of traffic along the highway and other roads in both cities”, Assistant Corp Mashal, Federal Road Safety Corps, Enugu Zone 9, O.I Ameh disclosed.
“MTN’s commitment to the completion of the Enugu-Onitsha Expressway is a part of our shared value initiative, the deep-rooted belief in the importance of sustainable development and our commitment to the well-being of the communities we serve. On behalf of MTN Nigeria, I am extending our heartfelt appreciation to everyone represented here and all our stakeholders who have been supportive to this cause.
“This reconstruction impacts all road users. We are grateful to the host communities, and the government of Enugu and Anambra states. I can assure you that within the stipulated time frame, this road will be completed”, Account Partner, Enterprise Business, MTN Nigeria, Chinenye Moneke added.
“This temporary reopening of the expressway is in line with the vision of the state; it’s not just to grow the state’s economy, but to help the interest of the locals.
“I am thrilled by MTN’s actions and dedication to this project. I extend my warm greetings to the CEO, Karl Toriola, the quality of the road is of global standard, and very rare”, Hon. Commissioner for Works and Infrastructure, Enugu State, Engr. Gerald Otiji said during his speech.
MTN Nigeria also donated traffic cones and reflective jackets to the Federal Road Safety Corp to enable them carry out their duties effectively during the Yuletide. The company has also promised to announce the temporary closing after the festivities.
MTN’s commitment to the reconstruction of the Enugu-Onitsha Expressway stands as a testament to its dedication to sustainable development and community well-being. The partnership with the Federal Road Safety Corps and the Ministry of Works reflects a shared vision for safer and smoother journeys, particularly during the festive season.
The impact of this road reconstruction extends beyond commerce; it touches the lives of countless road users. With the promise of completion within the stipulated time frame, MTN Nigeria remains steadfast in its mission to connect, empower, and uplift communities, exemplifying the spirit of corporate responsibility and shared values.
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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