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Silicon Valley-based Founder Institute Launches Newest Chapter in Abuja

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The Founder Institute, the world’s largest pre-seed accelerator, has announced that it is officially launching its newest chapter in Abuja, Nigeria. With plans to run two semesters annually, the Founder Institute aims to launch over 20 meaningful and enduring technology companies per year in Abuja.

Applications to the program are open now, and anyone interested in working with Abuja’s top startup mentors to launch a technology company is welcome to apply to the Abuja Founder Institute.

In order to celebrate the launch, the Abuja Founder Institute will host a series of free startup events for the general public, where attendees can learn how to build a company and learn more about the program.

For aspiring and early-stage entrepreneurs up to the challenge, the Founder Institute’s step-by-step program provides the structure, mentor support, and global network of entrepreneurs needed to start an enduring company.

The Founder Institute is the only program of its kind that focuses on people versus ideas, accepts founders with day jobs, and shares equity with all participants.

Founder Institute Graduate companies include fast-rising startups across 6 continents like Udemy, Realty Mogul, Zowasel, Limestart, Rentit, Athlst and many more.

In addition, the Abuja 2020 program will include the Founder Institute’s newest company-building curriculum suitable to address the needs of advanced founders (MVP stage) as well as aspiring new entrepreneurs at the idea-stage – a project just released this year in collaboration with hundreds of startup leaders across the globe.

The Abuja Chapter will once again be led by local startup leaders Abdulrazaq Ahmed (Founder, Work and connect Hub), Christian Ndubisi. (Co-founder, 42 NG), Fisayo Olabisi (CEO, TukioKonsults), Mohammed Ibrahim Jega,(Founder, StartupArewa).

According to Chukwuemeka Fred Agbata Jnr. Regional Director, Founder Institute, “Startups in Abuja now have the unique opportunity of joining other startups in various other cities across the globe to benefit from FI’s hard-core, time tested curriculum and global network.”

Mentors who have expressed interest in helping Abuja Founder Institute participants include:
● Abdul Hakeem Ajijola: Chairman, Consultancy Support Services (CS2) Ltd
● Afolabi Imoukhede: CEO, MCS Consulting Limited
● Aituaz Kola Oladejo: Executive Director, Financial Services Innovators (FSI)
● AkindayoAkindolani: Founder, McAnderson Institute of Technology
● Anna Ekeledo: Executive Director , AfriLabs
● Ayodeji Abitogun: Lead Consultant, Management Edge
● Bankole Oloruntoba: CEO, Nigeria Climate Innovation Center
● Basil Udotai Esq.: Managing Partner , Technology Advisors
● ChiomaAgwuegbo: Founder, TechHer
● Collins Nwosu: Executive Director, P.R.I. global ventures limited
● DoyinAdewola: CEO, Box Office Hub
● Ife Adebayo: Special Assistant on Innovation & Entrepreneurship to the Nigerian Vice President, Vice President Office, Federal Republic of Nigeria
● Ifeoma Malo: CEO, Clean Technology Hub
● Kadir Salami: CEO, Techspecialist Consulting, Procurease
● Kola Aina: Founder, Ventures Platform
● Lanre Philips: CEO, Elpee Consults
● Lawrence Olawale Roberts: CEO , MicroBoss Technologies
● Louisa Ogwuru: Co-founder, Insiteful Solutions, Alfret.Ng
● Mercy Olorunfemi: Program Manager, Work and Connect
● Michael Oluwagbemi, Executive Partner, LoftyInc Allied Partners Limited
● Mohammed B. Hussaini: CEO, Cupious Energy
● Musa Ali Baba: CEO, Teasy Mobile
● Nkechi Oguchi: CEO, Ventures Park
● NkoyoEfretei: CEO, Insiteful Solutions and Talented Space
● Noel Akpata: CEO, Stratex Pro
● OsasenagaEnogieru: National Program Manager, Wennovation Hub
● OyajeIdoko: CEO, Layer3 Tech
● Philip Agbese Jnr.: Founder, CAVIC.
● Raji Mohammed: Co-Founder, MyLearningAcademy
● Saidu Abdullahi: Head of Partnerships, Next Billion Users, Google
● Simiola Olusola: Founder, Aspilos Foundation
● And many more to be announced.

Abuja being the capital city isn’t just a civil servants’ city anymore. The city is characterized by a constant influx of fresh young entrepreneurs looking to launch new businesses and to collaborate with the government and its parastatals.

With the launch of government-funded projects like StartUp Fridays (A platform that enables young entrepreneurs to pitch their startups, receive feedback and network with potential investors), it is obvious that the government is always ready to provide support for tech entrepreneurs and established businesses in Abuja.

Startups need more than just money in Abuja. They need a framework and a community to support their ideas and to help them build a valuable network.

The city’s unique combination of entrepreneurial energy, quality of life and a supportive government makes it a perfect place for entrepreneurs trying to build a more liveable future.

Anybody who is interested can apply to the Abuja Founder Institute. Anyone who applies by the Early Application Deadline (2020-03-29) is eligible for a variety of scholarships – including the Female Founder Fellowship, which is offered to the best overall female applicant.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Airtel Reveals Mechanism of Spam Alert Service

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As the revolutionary Airtel Spam AI Alert Service rolls out across Airtel Africa’s 14 operating countries, Airtel Nigeria CEO, Dinesh Balsingh, has elaborated on the unprecedented benefits and operating principles guiding the Spam Alert Service.

Designed to enhance user safety, this pioneering AI-driven product provides real-time defense against spam and fraudulent SMS messages, making it a gamechanger for mobile security across the continent.

The Airtel AI Spam Alert Service, which is engineered to automatically detect and label suspicious SMS messages as “Suspected SPAM” without requiring any user action or additional apps, leverages a robust AI algorithm that analyzes over 250 parameters.

These parameters includee sender behavior, message frequency, message geographical distribution, and unusual activity patterns. Impressively, the service completes this process under just two milliseconds, offering near-instantaneous alerts while maintaining the privacy of user data by not reading message content.

Commenting on the breakthrough service, Dinesh Balsingh, CEO of Airtel Nigeria, stated: “Nigeria is not just a critical market for us—it’s a leader in digital adoption within the continent. Our AI Spam Alert Service reflects our dedication to safeguarding our customers from the growing threat of SMS fraud.

“As the first of its kind in Africa, it addresses a fundamental issue of trust and security, which is paramount to our digital ecosystem. We’re proud to offer this service to Nigerians and extend it across our African footprint.”

Following its successful deployment in Nigeria, the Spam Alert Service has now launched in Tanzania and Kenya and is set to cover Airtel’s entire African operations. The service’s automatic activation for all Airtel customers, across both smartphones and feature phones, ensures maximum reach and accessibility.

Early feedback from subscribers has been overwhelmingly positive, with users praising the AI’s efficiency in flagging potentially harmful messages without interfering with their everyday communication.

By pioneering this AI-based spam detection technology, Airtel Africa demonstrates its commitment to leveraging cutting-edge innovation to resolve critical issues facing its subscribers. The AI Spam Alert Service not only protects users but also sets a new benchmark for mobile security standards in the region.

“Our goal is to build a safer digital environment for our users,” added Balsingh. “This innovation is part of our broader strategy to incorporate advanced technologies that address real challenges while enhancing the overall customer experience.”


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MTN Group Strengthens Nigeria-South Africa Economic Ties Amid Africa’s Transformation

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As Africa stands at the point of a profound transformation, the imperative for greater intra-continental cooperation has never been clearer. The path to shared prosperity depends not on the progress of individual nations but on the collective strength of our commitments.

MTN

Central to this vision is the relationship between South Africa and Nigeria, two of the continent’s largest economies, and the institutions that serve as bridges between them.

It was an honour for MTN Group to host Minister Parks Tau (SA Minister of Trade Industry and Competition) and his delegation at our Headquarters in Johannesburg. At a time when global uncertainties are reshaping trade and technology, Africa must respond not in isolation, but in solidarity.

As MTN, we see it as our duty to serve as an economic diplomatic bridge between Nigeria and South Africa — driving growth, fostering inclusion, and unlocking opportunity for the Africa’s shared prosperity.

MTN’s journey exemplifies what is possible when two great nations collaborate. As Nigeria’s largest South African investor, MTN has long viewed its presence not simply as a commercial venture but as a platform for inclusive development.

Since commencing operations in Nigeria in 2001, we have invested more than US$10 billion in the country’s digital infrastructure.

Today, MTN Nigeria serves over 80 million subscribers, employs thousands directly, and supports hundreds of thousands of livelihoods across its extended value chain.

Yet, while the economic footprint is significant, our greatest source of pride lies in the social and developmental outcomes accompanying this investment, expanded access to connectivity, enhanced financial inclusion, and the empowerment of individuals and enterprises through digital technologies.

Still, the operating environment remains complex. Macroeconomic challenges in Nigeria, including currency depreciation, inflation, and constraints in accessing foreign exchange, have placed pressure on business continuity and investor confidence.

Despite these difficulties, MTN remains firmly committed to its business case and its long-term presence in Nigeria, underpinned by a belief in the country’s enduring potential and strategic importance to the continent.

However, for South Africa and Nigeria to truly unlock their bilateral potential, a number of long-standing issues require resolution. The upcoming South Africa–Nigeria Trade and Investment Summit, to be held in Abuja later this year, presents a unique opportunity to address these concerns.

The Summit serves not merely as a diplomatic engagement, but as a catalyst for policy reform, reciprocal market access, and institutional dialogue. Importantly, it should reinforce the private sector’s role in shaping practical, actionable solutions that support cross-border trade and investment.

The African Continental Free Trade Area (AfCFTA) offers a historic platform to actualise these ambitions. Yet its success will depend as much on infrastructure and digital connectivity as it will on tariff liberalisation or regulatory harmonisation.

As a pan-African operator, MTN is investing heavily in the digital foundations of AfCFTA, facilitating seamless mobile communication, enabling digital payments, and building platforms for cross-border entrepreneurship.

We also believe that integration must extend beyond economic frameworks to include cultural exchange and people-to-people engagement. One such initiative is our MTN Media Innovation Programme, which brings emerging Nigerian media professionals to South Africa for immersive learning.

Through programmes like these, we aim to cultivate not only knowledge and skills, but also enduring bonds between our nations’ future leaders.


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Tariff Hike Leads to Decline in Nigeria’s Internet Users – NCC Report

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Nigeria’s telecommunications sector witnessed a notable decline in internet users following a 50 per cent tariff hike on voice, data, and SMS services implemented in January 2025.

The Nigerian Communications Commission (NCC) made this known in industry statistics on its website.

According to the report, the industry lost approximately one million internet users in February, with the user base shrinking from 142.16 million to 141.25 million.

It said although a slight recovery was observed in March, with the figure rising to 142.05 million, the sector’s data consumption patterns were significantly impacted.

The NCC data showed a 12 per cent decline in monthly data consumption in February, dropping to 893.06 petabytes from January’s record high of one exabyte.

It, however, said a marginal rebound was recorded in March, with data usage increasing by 11.5 per cent to 995.88 petabytes.

Despite this modest recovery, the report said consumption levels remained slightly below the January peak, suggesting that subscribers continued to exhibit caution in their usage habits due to the increased tariffs.

Meanwhile, the telecom industry demonstrated resilience in other areas, with operators adding 3.39 million new telephone users between January and March.

This growth propelled the total active lines from 169.32 million to 172.71 million, subsequently boosting Nigeria’s teledensity from 78.10 per cent to 79.67 per cent during the same period.

In terms of market dynamics, Mobile Network Operators (MNOs) maintained their dominance in the internet market.

MTN Nigeria led with 75.62 million users, followed by Airtel Nigeria with 48.8 million, Globacom with 15.37 million, and 9mobile with 1.75 million.

MTN also retained its market lead in active telephone lines with 90.5 million subscribers, representing a 52.48 per cent market share, while Airtel followed with 58.3 million users (33.78 per cent), Globacom with 20.7 million (12 per cent), and 9mobile with 2.9 million (1.72 per cent).

The latest industry figures underscore the complexities facing Nigeria’s telecom sector as operators navigate economic pressures and evolving consumer behaviours.

On porting activities, the NCC report noted that Nigeria’s fourth mobile network operator, 9mobile, had continued to experience a decline in its subscriber base, with a total of 5809 customers porting out of its network both in February and March.

The report showed that other operators recorded insignificant outgoing porting numbers compared to 9mobile.

It showed that MTN lost 647 customers, Airtel recorded 695 outgoing portings, Globacom recorded 771, while 9mobile lost 5808 in both February and March.

In terms of incoming porting, MTN gained the most customers from other operators, with 4855 subscribers joining its network in February and March, the report revealed.

It stated that Airtel recorded 2084 incoming porting, while Globacom gained 1007 customers in both months.

The NCC added that, meanwhile, 9mobile recorded only three incoming porting for both months.

According to the NCC report on incoming and outgoing porting activities of mobile network operators, a total of 7922 subscribers moved from one network to another in February and March.


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