Telecom
Newwaves Ecosystem Inks MoU with Galaxy Backbone to Deploy Konn3ct Solution in Public Service Space

Newwaves Ecosystem, a creative Digital Company has partnered with Galaxy Backbone Limited, to facilitate the deployment of Konn3ct solution in the public service space in line with the local content drive of this administration.

Officials of Galaxy Backbone Limited and Newwaves Ecosystem during the MoU signing in Abuja, recently
Konn3ct solution, a brainchild of Newwaves Ecosystem is Nigeria’s first unified video communications platform that spans video, voice, content sharing, and chat across desktop, mobile and workspaces.
Speaking during the formal agreement signing, Prof. Muhammad Abubakar, managing director of Galaxy Backbone (GBB) represented by Baffajo Beita, Head Of Enterprise Business Group, said, Galaxy Backbone is happy to promote indigenous solutions especially, in the areas of aiding business of government.
Konn3ct platform will give the best value for money in terms of ease of communications, improved security, ease of use and payment in Naira which will help to save government foreign exchange.
Williams Olufemi, Chief Enabling Officer/Director, Newwaves Ecosystem thanked the Management of GBB for their belief in local solutions that is better than many other competing products in the market.
According to him, “I am sure that Nigerians and the Federal Government will be proud of what we have been able to develop here.
“We are happy to announce that the Konn3ct platform had been registered by NITDA.
“Apart from the retail online meetings and Web conferencing features, we have integrated a Learning Management system to Konn3ct to make it suited for the educational sectors in Nigeria”.
Olufemi further noted that government should not pay lip service to National Policy for the Promotion of Indigenous Content but be seen to consume the content.
He questioned why government and its agencies will still be using foreign platforms for their meetings, conferences, webinars, live-classroom, syndicate events, and remote cinema among others, when we have a local platform that is challenging the statuesque.
He said, “Why should Federal executive Council meeting be held on Webex, why should NITDA be using MS Teams, Why should the VP office be using Zoom, Why should the Federal and State legislature be holding their meetings on foreign platforms.
“Government need to not just preach local content but be seen to consume the content.
“You will notice how vibrant and profitable the entertainment industry is now because Nigerians develop taste and preference for the local content.
“Konn3ct could just be a vehicle for radical change and transformation of the local ICT sector.
“Don’t forget that Nigerian banks collectively spend over 1Trillion Naira on core banking software every year. Imagine if local players are encouraged” he added.
Telecom
Telecoms Services Resume in Kogi State as Telcos, Govt Resolve Dispute

Telecommunications services disrupted in Kogi State have resumed following a resolution of the dispute between MTN Nigeria and the state government, the Association of Licensed Telecoms Operators of Nigeria (ALTON) has said.
Gbenga Adebayo, chairman of ALTON, told TVC News that the issues that led to the shutdown of telecom masts in the state, primarily affecting MTN, had been addressed, paving the way for service restoration.
TVC News earlier reported that businessmen and women were counting their losses as they suffered the impact of a shut down of telecommunication service in Kogi State
Over the past two weeks, telecoms connectivity had been erratic, with competing brands experiencing glitches, particularly in the Lokoja metropolis.
The State government suspended the operations of some telecom services citing unpaid taxes and fibre-related dues.
The shutdown stemmed from a compliance dispute between MTN and the Kogi State Utility Infrastructure Management and Compliance Agency, which accused the telecom giant of violating operational rules and under-declaring the extent of its optic fibre network coverage in the state.
Telecom
Banks Settle ₦160Bn USSD Debt to Telcos, Ending Five-Year Dispute

The protracted Unstructured Supplementary Service Data (USSD) debt misunderstanding between the Deposit Money Banks (DMBs) and telecommunications operators appears to have been resolved.
This was confirmed by the Chief Executive Officer of MTN Nigeria, Karl Toriola, Thursday, March 1, when he appeared on Arise TV to speak on the firm’s first-quarter 2025 result, where the telecommunications company reported over N1 trillion in revenue earnings.
Recall that the USSD debt had been a major issue between the DMBs and telcos and had lasted for about five years.
In the third quarter of 2024, the telcos had threatened to withdraw their service over the lingering debt, which was around N200 billion at the time. This led to the swift intervention of the Central Bank of Nigeria and the Nigerian Communications Commission (NCC), and an agreement was reached on payment.
As of November 2024, the NCC put the debt at N160 billion. However, earlier this year, when it appeared the banks were not forthcoming with payments, the NCC directed the telcos to withdraw the USSD services from debt-owning DMBs, where about 18 banks were listed.
This directive prompted the banks to look inward and start to comply with an earlier circular signed by the CBN and NCC, which articulated the payment patterns for the debt.
Speaking, on Arise TV this morning, May 1, Toriola confirmed that the matter has been fully resolved and that banks have made payments.
“I can confirm that the matter has been fully resolved. We have received payments in full. Special thanks to the CBN, NCC, the banks, and other stakeholders that intervened in the matter,” the MTN CEO stated.
Telecom
Sterling Bank Introduces AlwaysOn, Offering Nigerians Up to ₦1 Million Monthly

Sterling Bank, Leading commercial bank and Africa’s most agile company has announced the introduction of AlwaysOn by Sterling, a bold new feature on its OneBank platform that will give eligible customers up to ₦1 million extra every month -even when their account balances are running low.
Launched on Workers’ Day 2025, the initiative is part of an ongoing movement to remove structural barriers to financial freedom and empower everyday Nigerians to move boldly, even in uncertain times.
AlwaysOn is a specialised, invitation-only feature for customers who maintain an active OneBank account for a while. It provides an advance to settle bills or make payments without delays, or any of the friction associated with traditional credit systems.
“This is not just about funds,” said Abubakar Suleiman, Chief Executive Officer of Sterling Bank. “It’s about freedom and dignity. It’s about backing our customers with the trust and tools to act boldly when life demands it.”
Suleiman emphasised that the new feature is not a product, it’s a logical shift in how the bank supports its customers.
“We’re building a financial ecosystem designed for momentum -for people with grit, urgency, and dreams too big to wait. If you’ve banked with us, you’ve earned our confidence. Now you’ll have our backing to match,” added Suleiman.
The introduction of AlwaysOn marks the next chapter in Sterling’s growing movement to create a fairer and more responsive financial system. It follows the Zero Transfer Fees initiative in April, which returned an estimated ₦13 billion to Nigerians by eliminating transfer charges across the OneBank platform. It also builds on Sterling’s Free Bus Ride initiative, which helped commuters get home from work for free during a time of intense economic pressure.
Together, these efforts reflect the bank’s bold, people-first approach to customer impact, now made possible by its adoption of SeaBaas, Nigeria’s first indigenous core banking platform.
“We’re not the kind of bank that stands on the sidelines while Nigerians hustle,” said Obinna Ukachukwu, Growth Executive for Retail and Consumer Banking. “We removed the fees that slowed them down. Now we’re giving Nigerians the financial freedom to seize opportunity when it shows up. We’re on the pitch with them.”
Sterling’s actions have sparked widespread public support and national recognition as they have continued to push the boundaries of what corporate citizenship can mean to everyday Nigerians.
Notable icons from various fields have canvassed their support and praised the bank’s stance in redefining financial services, inspiring other institutions to follow suit.
Nigerians are encouraged to apply to join the waitlist for the scheme when it goes live in later this month and ultimately, eligibility for up to N1M extra in relief advances.
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