Telecom
Skool Media Begins Major EduTech Revolution in Nigeria

Skool Media, an ICT solution-based Company, is now poised to change the face of education in Nigeria using technology.
The Company recently unveiled its plans to the media and partners in an attempt to redefine technology-enabled education; to transform how learning is practised and expand the range of measures in student’s achievements.
Mr. Moses Imayi, CEO/Project Director Skool Media Nig Ltd, Speaking at the October ‘Business Mixer’, said that with about 24 project locations in the six geo-political zones of Nigeria, and four projects in each zone, Skool Media has further enhanced its collaboration with other stakeholders passionate about developing Nigeria’s educational system, leveraging on ICT tools and applications.
Mr. Imayi reiterated that changing the landscape of educational space with the adoption of technology to improve and reposition average Nigerian child for competitiveness in the global space cannot be overemphasised.
He said: “Skool Media advocates for an integration of a Digital Classroom, Library Upgrade, Capacity Building and an Educational tablet as a core of academic in consonance with the 21st-century framework for learning”.
“Skool Media aims to provide infrastructural support to a range of educational institutions including digitalization of classroom, library upgrade, upgrade of laboratory & teaching software, capacity building and creation of a common room/training room”, the CEO/Project Director said.
He explained that in these schools, they have tech experience centers where students and teachers can engage in critical thinking in order to bridge the gap between among and counterparts across the world.
He further disclosed that Skool Media has developed a platform called Edufirst.ng; a digital learning platform that would address their engagements with private institutions and private schools.
In his words, “The Edufirst platform is suppose to address the gap in the educational space, part of what we are doing on the Edufirst platform is to create like a school portal management system that allows you to have good interactions, student teachers interactions, parent teachers interactions, stakeholders interactions as well.
“The platform is also useful for parents to access performance of their children in schools and then have conversations with teachers on how happy or displeased they are with their children performance.
“Under that platform we also have what we would be tagging Edufirst blog, it’s a component under the platform.
“The blog is supposed to have conversation or narratives of treads occurring in the educational system both indigenous Nigeria and globally as well.
“So the platform is quite big and it’s meant to be all encompassing to all key participants provided you are an individual that has passion for one level of education, you get access to the blog.
“If it’s based on you being a proprietress you will get access to signing up on the platform to engage with it.
“We’re also trying to develop on that platform what we call scholarship schemes.
“So the portal will also help students to be able to access on the spot scholarships with certain partnerships we’ve built.
“This is supposed to be like a support scheme Edufirst is offering to the general public”.
Also speaking at the event, Adaeze Sokan, Director of Policy and Learning at Ventures Platform explained that the Startup industry if well-funded and positioned will help grow the Nigerian economy.
According to Sokan, Nigeria is moving into ‘Startup Leadership’ era where young people with technological milieu will determine the fate of the country.
This, she emphasised, will become possible through a 21st Century education system powered by technology.
She further extolled Skool Media’s edu-tech initiatives, adding that these will change the narratives on how the educational system functions in Nigeria.
In his remarks, Mr. Charles Dungor, Partnership Implementation Manager at Skool Media, said they have made a number of efforts to define the essential knowledge, skills and dispositions needed for Nigeria’s increasingly information-driven and technologically powered societies.
This, he said, has spurred Skool media to partner or become membership of a number of organisations such as the Nigerian British Chamber of Commerce (NBCC) and Lagos State Chamber of Commerce and Industry (LCCI), to see how best they can advocate for improved quality education that will cut across Nigeria to ensure that e-learning is being adopted into the curriculum of schools.
Telecom
History as MTN Nigeria Becomes First to Hit ₦10 Trillion Market Cap @ NGX

MTN Nigeria Communications Plc has achieved a historic milestone, becoming the first listed company on the Nigerian Exchange Limited (NGX) to reach a market capitalization of ₦10 trillion, as its share price closed at ₦480 on Friday, August 1, 2025.
The telecommunications giant’s shares gained ₦8 or 1.69% during Friday’s trading session, pushing the company’s market value past the ₦10 trillion threshold.
This remarkable achievement comes just two days after MTN Nigeria released its stellar half-year 2025 financial results on Wednesday, which showed exceptional performance across all key metrics.
The timing is not surprising based on what was said in the company’s H1 results, which revealed a dramatic turnaround from losses to profitability.
The telecoms operator reported service revenue growth of 54.6% to ₦2.4 trillion, while EBITDA surged by 119.5% to ₦1.2 trillion with margins expanding significantly to 50.6%.
Most importantly, the company achieved a profit after tax of ₦414.9 billion, marking a stunning recovery from the loss of ₦519.1 billion recorded in the same period last year.
Speaking on the H1 2025 results that have driven investor confidence, Karl Toriola, CEO, MTN Nigeria, said: “We are excited by the progress made in the first half of 2025, reflecting the successful execution of the strategic priorities we previously communicated to the market.”
Toriola emphasized the company’s strong operational momentum, stating: “Building on the momentum from the first quarter, we delivered strong growth in service revenue for the period under review. This was driven by robust demand for our services, proactive customer value management and price adjustments, mainly in Q2.”
The CEO’s confidence in the company’s trajectory was evident in his commentary about future prospects.
“In light of the strong momentum in our business, we have upgraded our FY 2025 and medium-term guidance and we remain firmly on track to restore our balance sheet to a positive net asset position by the end of Q3,” Toriola declared.
This optimistic outlook, backed by upgraded financial guidance targeting service revenue growth of “at least low-50%” and EBITDA margin of “at least low-50%” for FY 2025, has clearly resonated with investors.
Toriola highlighted improving operating conditions that have supported the company’s performance: “The macroeconomic conditions in Nigeria showed notable improvements in the period under review, including a relatively stable naira, improved foreign exchange (forex) liquidity and easing inflationary pressures.”
He noted that “this backdrop helped to enable our improved business performance and set a more supportive context for increased long-term investments.”
The ₦10 trillion market cap milestone represents extraordinary value creation for shareholders.
Telecom
Vitel Wireless Rolls Out 50,000 SIM Cards, eSIMs

Vitel Wireless, a mobile virtual network operator (MVNO), has announced the official launch of its nationwide network services in Nigeria.
In a statement, the company stated that starting yesterday August 1, it will release an initial batch of 50,000 SIM cards and eSIMs across all 36 states and Federal Capital Territory (FCT) to selected subscribers, bringing reliable, affordable, and high-quality connectivity to millions of Nigerians.
This milestone, it said, marks its commitment to transforming Nigeria’s telecommunications landscape by providing accessible and seamless mobile services to both urban and rural communities.
Commenting on the launch, Kenneth Nwabueze, executive chairman of Vitel Wireless Limited, said: “We are excited to bring Vitel Wireless’s innovative services to Nigeria, a vibrant and dynamic country with immense potential. Our goal is to deliver dependable connectivity that enables Nigerians to connect, communicate, and thrive in the digital age. This rollout is just the beginning — we look forward to expanding our services and making a positive impact across the nation.”
According to the company, with a focus on innovation, affordability, coverage, and customer satisfaction, it aims to bridge the digital divide and foster inclusive growth.
“More than half of the initial release will be made available through authorised retail outlets, Vitel Wireless Airport Kiosks, and mobile kiosks utilising Know Your Customer (KYC) verification via NIMC’s new SIM-NIN telecommunications registration platform.
“The remaining SIM cards will be allocated to subscribers for innovative value-added services, including Internet of Things (IoT) solutions, Safer Home AI camera systems (iSEEYOU), employment performance monitoring App (Oga-App), and location-based services solutions such as SecurMe and Push-My Location, among others. This initial deployment enables the company to rigorously test its network, optimise its MTN roaming partnership, and implement necessary adjustments prior to the full-scale launch in Q2 2025,” it added.
Telecom
MTN Nigeria Celebrates Super Falcons with ₦150 Million Reward After WAFCON Triumph

MTN Nigeria has rewarded the Nigerian Super Falcons with 150 million naira following their remarkable victory at the 2024 Women’s Africa Cup of Nations (WAFCON).
The announcement was made at a celebratory breakfast reception hosted by the technology company in Lagos, in the presence of Nigerian Football Federation (NFF) leadership and female executives across key sectors, alongside a host of MTN executives who came out to celebrate the champions and reaffirm the company’s commitment to football, inclusion and youth empowerment.
The Super Falcons’ win goes down as one of the most thrilling in tournament history. Facing Morocco on their home soil, Nigeria came back from 2-0 down to secure a dramatic 3-2 victory, clinching their 10th WAFCON title and reinforcing their status as Africa’s most decorated women’s team.
Delivering the opening remarks, MTN’s Chief Marketing Officer, Onyinye Ikenna-Emeka, highlighted the Super Falcons’ win as an inspiration for Nigerian women. “The Women’s African Cup of Nations (WAFCON) is a championship that has been held 13 times and Nigeria has won 10 times. This is no small feat. It is a testament to how determined Nigerian women can be when they set out to achieve something. What you have achieved not only makes Nigeria proud, but it makes us, even we women, proud. Here at MTN, we believe, and one of our values is ‘Can Do’, can do with integrity. Your final match exemplifies that.”
As the official telecommunications partner of the NFF, MTN presented the 150 million naira reward to celebrate the team’s resilience and achievement. MTN director, Ifueko Okauru explained that 115 million naira would go to the players and 35 million to the technical team.
“At MTN we believe in the power of connection, not just through technology, but through our soul, through our spirits, what we share and what unifies us,” said Dr. Karl Toriola, CEO, MTN Nigeria.
Toriola described the company’s investment in the NFF as fruitful. “As proud sponsors of the Nigerian Football Federation, this long-term significantly financially-heavy investment in supporting the NFF has borne so many fruits. We followed you through every match, every challenge, every trial and some of them losses. We followed you and we continue to support you and today we are so proud to say our efforts have not been in vain. We followed you for the big things, we followed you for the smaller things.
He added, “To the Super Falcons, you are more than athletes, you are inspirations. You are an inspiration for everyone in Nigeria, every young lady to go out there and make a difference. You are role models, you are ambassadors, and you are proof that when Nigerian women rise, the world will take notice.”
Captain of the Super Falcons, Rashidat Ajibade, thanked MTN and its board members for their warm reception and support. “We appreciate you a lot. We feel valued, we feel honoured, we feel respected, and this only inspires us to do better, and keep inspiring the next generation.”
“This win is for all of us,” she said, dedicating the 10th title not just to the current Super Falcons squad but to all the players who came before. While grateful for the milestone, she made it clear they were not content. “We want to take this to the next level. We want to be global contenders. We don’t want to be just local champions. It’s time to take it to the next level. We understand the huge responsibility on us, and we hope that we can all work together, the Federation, the federal government, and also private bodies to keep investing and keep supporting the Super Falcons Council so we can all achieve this objective.”
The breakfast reception featured a classical string quartet, stirring soul-Afrobeats choir rendition that had the Falcons on their feet, dancing joyfully in celebration of their hard-won victory. Singer Praiz also delivered a performance that drew cheers from the audience and added to the festive energy in the room.
As the nation continues to celebrate their victory, this moment stands as both a reward and a reminder of what Nigerian women can achieve when backed by belief, investment and opportunity. The celebration was especially timely as it fell on Pan African Women’s Day, a fitting moment to honour the strength, resilience and achievements of Nigerian women on and off the pitch.
- Telecom3 days ago
Yele Okeremi charges government to take the lead to make Nigerian fintech attain global leadership
- Telecom2 days ago
History as MTN Nigeria Becomes First to Hit ₦10 Trillion Market Cap @ NGX
- Telecom2 days ago
MTN Nigeria’s CAPEX Soars Nearly 300 Percent to ₦565.7Bn in Q1 2025
- Telecom2 days ago
MTN Nigeria Celebrates Super Falcons with ₦150 Million Reward After WAFCON Triumph
- Broadcasting3 days ago
NCC Suspends MovieBox.ng over Alleged Piracy
- E-Business3 days ago
Africa Tasked to Fast-track AI Skills Development
- News3 days ago
Tech Alliance Aims to Transform Africa’s Mapping System
- General News3 days ago
Bank Staff Arraigned for Allegedly Defrauding Customer of N423m