Telecom
SeerBit Leads the Charge @DevFest Lagos 2024 with Cutting-Edge Solutions

SeerBit, Africa’s most trusted payment solutions provider, has reaffirmed its pivotal role in shaping the future of the technology industry by impacting one billion lives at DevFest Lagos 2024 hosted on 15th and 16th November 2024 at Landmark Centre, Victoria Island, Lagos.
An annual conference organised by the Google Developer Groups Lagos (GDG Lagos), the highly interactive two-day event brought together developers, tech leaders, enthusiasts and innovators from all over Africa and beyond.
Through various workshops, focal sessions, and product showcases, attendees explored the latest advancements and conversations shaping the tech landscape.
As Gold Sponsor of the event, SeerBit reaffirmed its dedication to advancing Africa’s developer ecosystem through the brand’s strategic thought leadership, innovative solutions and Pan African capacity-building initiatives.
On respective days of the event, Olaolu Akintoye, Engineering Manager and Babajide Shoyebo, Senior Product Manager, both from SeerBit, took centre stage as they shared relevant knowledge on key topics shaping the evolving role of technology in driving business and economic growth.
Akintoye, who spoke on the topic – Building Resilient Systems: Flexibility and Adaptability – took attendees through a revealing session into resilience and chaos engineering, as well as the importance of building systems that can adapt and remain stable in the face of disruptive events and actions.
On his part, Shoyebo contributed invaluable nuggets as a panellist in a session that focused on the essence of balancing innovation, agility and compliance in building sustainable businesses. Drawing relevant instances from SeerBit’s operational standards, Shoyebo demonstrated the need to ensure a healthy mix to future-proof businesses.
Equally important, both resource persons shared insights into how SeerBit is utilising cutting-edge technology to simplify payments, while seamlessly addressing payment fragmentation and availability gaps for businesses and their customers across Africa.
“For SeerBit, sponsorship is more than financial support. It’s about accelerating progress in the tech space,’’ disclosed Omoniyi Kolade, Founder and CEO of SeerBit. ‘‘Technology has demonstrated its incredible power to transform lives and developers are the visionaries driving that transformation.
DevFest Lagos 2024 provided the perfect platform for us to engage, inspire and empower developers with the tools and support they need to drive this change. Our goal of impacting one billion lives reflects our long-term commitment to contributing significantly to growth and development within and beyond the tech industry,” he added.
One of the highlights of SeerBit’s participation was the exposure of a memorable brand video which reflected the brand’s visionary ideal in helping businesses of all sizes scale at the speed of commerce and technology.
Also catching the attention was the company’s booth which remained a major attraction point for thousands of attendees, sparking meaningful discussions about integrating SeerBit’s tools into their projects and fostering further growth and impact through the SeerBit community. Crucially, the SeerBit community – SeerBit Developer Community – presents a unique opportunity for attendees to benefit from networking, career growth and hiring opportunities.
The excitement among developers was palpable, with many expressing keen interest in leveraging SeerBit’s products. Afolake Ojo Makinde, a software engineer based in Abuja, attended DevFest Lagos for the first time.
She shared her enthusiasm. “The SeerBit team was incredibly approachable and insightful. Their payment tools are intuitive and I can’t wait to integrate their APIs into my app. It’s inspiring to see a company so invested in helping developers succeed.”
Also lauding SeerBit’s role in the success of the event, was Femi Taiwo, Co-Organiser of DevFest Lagos 2024.
“DevFest Lagos 2024 was an extraordinary celebration of innovation, collaboration and community. With over 3,400 attendees across two action-packed days, we brought developers together to learn, share and grow through technical talks and workshops, led by solid people from within and outside the continent.
“This also created networking opportunities for the community. We’re grateful for the invaluable support of our partners like SeerBit who played a key role in making this event a success and empowering the tech ecosystem in this region and beyond.”
SeerBit’s partnership with the GDG Lagos, organisers of DevFest Lagos 2024, spans several years, aligning with the brand’s mission to positively impact one billion lives through accessible, inclusive and economically empowering digital payment solutions.
The partnership has seen SeerBit supporting various developer-led events hosted by GDG across the country such as Ilorin, Lagos, and Jos, as the brand continues to lead in empowering developers with the tools and resources that they need to create innovative solutions to equip businesses for economic growth.
As part of this project, SeerBit announced further plans to launch several developer-focused initiatives in 2025, including hackathons to challenge and inspire the creation of groundbreaking solutions, capacity-building programmes to train developers, product managers and other tech enthusiasts, as well as seed funding opportunities for standout developer-led projects.
SeerBit is a Pan-African payment solutions provider that makes it easier for businesses and financial service providers to make and accept payments from their customers across Africa. Users have the advantage of enjoying flexible features to fit any business with a single integration.
SeerBit is building a unified payment ecosystem that removes the complexity and fragmentation of the digital payment process in Africa, enabling businesses to seamlessly accept multiple payment methods and streamline online and offline transactions.
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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