National Bureau of Statistics (NBS) may launch its rebased Gross Domestic Product figure on July 11, according to reports by the Nation.

In economics, rebasing refers to the process of updating the base year used for calculating economic indicators like Gross Domestic Product (GDP) or the Consumer Price Index (CPI).

This is done to reflect changes in the structure and price levels of an economy, making the indicators more accurate and relevant to the current economic situation.

Folorunso Alesanmi, head of Public Relations, NBS, deferred his response to today (Monday) when asked to confirm the information.

In a terse text message reply to our inquiry, he said “I will reply you on Monday when I get the final information about it.”

Recall that the country changed the year of its GDP  from 1990 to 2010 in 2014, when the figure was raised by 89 per cent.

The much awaited July 11 figure is expected to increase economic indicators such as  per capita income, debt-to-GDP ratio and tax revenue outlooks.

Enugu State-owned commercial airline, Enugu Air, is set to officially launch its operations today Monday, July 7, 2025. The launch ceremony will take place at the Akanu Ibiam International Airport, with the Minister of Aviation and Aerospace Development, Festus Keyamo, expected to attend alongside other dignitaries, according to a statement from the airline.

Dr Obi Ozor, Commissioner for Transportation, Enugu State, said Enugu Air is a key component of Governor Peter Mbah’s vision for a modern, integrated transportation system, aimed at positioning Enugu as a major aviation hub in Nigeria.

The airline will begin operations with a fleet of three Embraer jets, from the E170 and E190 series, chosen for their performance, passenger comfort, and suitability for regional routes.

The airline’s inaugural routes will form a strategic triangular operation connecting Enugu, Abuja, and Lagos, with plans to expand services to Port Harcourt, Owerri, Benin, Kano, and other key cities across Nigeria and beyond.

Ozor said, “With a strong foundation built on innovation and sustainability, Enugu Air is poised to transform regional air travel, boost state pride, and raise Enugu’s profile nationally and globally.”

The launch of Enugu Air is expected to have a significant impact on the aviation industry in Nigeria, providing more options for air travel and promoting economic development in the region.

With its modern fleet and strategic routes, Enugu Air is set to revolutionize air travel in Nigeria and establish Enugu as a major player in the country’s aviation sector.

In 2005, few could have predicted that a small Nigerian technology company would evolve into one of Africa’s most trusted IT infrastructure, cloud, and cybersecurity brands. Today, Layer3 celebrates 20 years of doing just that, transforming IT from a technical necessity into a strategic advantage for enterprises, governments, and innovators across the continent.

The Foundation: Trust Earned, Not Assumed

The Layer3 story begins where every great enterprise story should, with trust.

Over two decades, Layer3 has earned a reputation for reliability in a sector defined by change. Across multiple industries: finance, energy, health, government, and telco, clients have turned to Layer3 not only for solutions, but for peace of mind.

As Layer3’s CEO, Oyaje Idoko, succinctly puts it, “Uptime, SLAs, fast response, fixing issues permanently, that’s what real IT service means, that’s what we built Layer3 to deliver. However, it’s not just about systems, it’s about people. Our team is the backbone of that promise: engineers, support staff, and every Layeron who shows up every day to make excellence a standard, not an exception.”

From deploying core network infrastructure, distributed branch networks, and disaster recovery solutions for banks, telcos, and large enterprises, to ensuring uninterrupted cloud infrastructure for Africa’s fastest-growing startups, Layer3 has become synonymous with business continuity at enterprise scale.

The Powerhouse: Innovation Without Compromise

While trust laid the foundation, innovation became the fuel. In 2019, Layer3 launched Layer3Cloud, Nigeria’s first locally owned enterprise-grade cloud platform. At the time, many questioned whether Nigerian businesses were ready to migrate from on-premise infrastructure or to host their data locally. Five years later, Layer3Cloud is powering banks, fintechs, large enterprises, and governments, delivering secure, elastic, and scalable compute power at home.

Beyond cloud, Layer3 has continued to evolve with the times:

• Fiber infrastructure rollouts that connect enterprises and residences to the future.
• Enterprise-grade zero-trust cybersecurity frameworks deployed across financial and public institutions.
• AI-driven and software-defined network solutions through partnerships with global OEMs like Juniper Networks, HPE, Cisco, and Fortinet.

Behind every innovation is a team of engineers whose brilliance is matched only by their resilience.

Reflecting on Layer3’s journey, Oyaje Idoko highlighted the often-overlooked role of technical talent, “Behind every seamless connection and resolved incident is a network engineer who’s worked through the night, responded to a 3am call, and made sure systems stay up when it matters most. Shake their hand and ask them about routing, about switching. These are the unsung heroes powering Africa’s digital future. Indeed, Layer3’s engineers don’t just build networks, they build nations.”

The Shield: Defending Africa’s Digital Economy

In today’s world, trust and innovation mean nothing without security and at Layer3, cybersecurity isn’t just a service, it’s a mindset.

“We’ve built an elite team of cyber defenders, and we’re still growing. We defend banks, telcos, governments and organizations of all types and sizes. If you’re in Africa and serious about protecting your business, you should be speaking to Layer3”, says Godwin Michaels, Layer3 CTO.

Layer3 is at the frontline of defending Africa’s most sensitive data. From real-time threat intelligence and incident response to managed SIEM and penetration testing, the company is quietly but forcefully defending Nigeria’s digital borders.

This commitment has earned Layer3 the loyalty of institutions where downtime isn’t just an inconvenience, it’s a national risk.

Layer3 has also been recognized multiple times over the years as a leading player in the IT space across Africa.

Two Decades of Impact: Highlights at a Glance

Year     Milestone

2005    Layer3 founded in Abuja, Nigeria as a Virtual Network Operator

2007    Expanded to Lagos and rolled out last-mile fiber infrastructure across Abuja and Lagos

2008    Expanded into enterprise networking and managed services

2015    Launched cybersecurity division

2019    Launched Layer3Cloud, Nigeria’s premier local cloud platform

2021    Rolled out Layer3Fiber, an FTTH service expanding broadband to homes and small businesses

2025    Celebrates 20 years with thousands of projects completed across sub-Saharan Africa and counting

Shaping Africa’s Digital Future: The Road Ahead for Layer3

As Layer3 enters its third decade, its sights are set higher: expansion into new African markets, hybrid cloud deployments, AI-driven network infrastructure, digital public infrastructure solutions, and most importantly, developing the next generation of African tech talent.

According to Oyaje, “Layer3 was built on the belief that African businesses deserve world-class technology delivered by people who understand the terrain. That vision hasn’t changed, it’s only gotten bigger.”

From a startup with a dream to a national asset securing the future, Layer3 has become more than a technology company, it’s a legacy of excellence.

To our clients, partners, regulators, and Layerons, thank you for 20 years of belief.

Here’s to 20 more years of trust, innovation, and impact.

We are Layer3. We deliver peace of mind.