Telecom
Stakeholders Seek Market Segmentation for Telecom Growth

Nigerian Communications Commission (NCC), in December last year announced that the country has achieved the set target of 30 per cent broadband penetration, this telecommunications stakeholders argued was achieved through mobile broadband with very small fixed broadband contributions as such could not guarantee development.
They said that the structure of telecommunications market as it is presently will not produce the expected growth and development of the economy and therefore urged NCC to segment the market going forward.
Oladipo Raji, president/CEO, InfraFocus Technologies, told Nigeria CommunicationsWeek that the structure of the market presently allows mobile operators the license of providing mobile and fixed data services and they choose to provide only mobile data that is cheap for them, to the detriment of fixed data services since there is no infrastructure to deliver fixed data.
“There is need for the market to be segmented in a way that mobile data providers are allowed to provide only mobile data and fixed data providers are allowed to provide only fixed data. More so, bandwidth providers that brought undersea cable to the country’s shores are today marketing bandwidth at wholesale and retail segment. This system cannot bring growth and development to the sector.
“Mobile data is cheap and limited in terms of what one can do with it; fixed data supports a lot of applications such as Pay TV among others. The only way forward is to segment the market and focus on infrastructure build out that will take services to rural areas,” he added.
Reacting Engr. Olusola Teniola, president, Association of Telecommunications Companies of Nigeria (ATCON) said: “NCC stated that we had achieved 30.9% broadband penetration using mobile broadband subscription numbers which includes multiple SIM users and machine-2-machine (m2m) connections.
“So, the next step is to now ensure that unique subscribers denoting individual users are captured going forward to reflect the true picture of our broadband landscape as the National Broadband Plan of 2013 depicted, where fixed line broadband, extensive fiber roll-out and last mile access is predominately via 3G & 4G at 80% and 50% population coverage respectively.
“ATCON will work with NCC to ensure that infraco licensees roll-out the fiber under their terms of reference which should fill the gap identified by NCC as 120,000 km of fiber still required on the back of 70-80K towers to support the increase in 4G Base Station installations, which is forecast to be 12K by the end of this year and in preparation of 5G in the coming years ahead. If we are able to achieve all this and a bit more then there is every possibility that we can attain more than 70% ‘true’ broadband population penetration within the next 2-3 years.”
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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