Telecom
Tech Experience Centre excites Corporate Nigeria

Thursday 1st October, 2020 was celebrated in Lagos with the launch of the Tech Experience Centre, a revolutionary technology project spearheaded by TD Africa – Sub-Saharan Africa’s foremost tech, lifestyle and solutions distributor – aimed at bridging the gap to cutting-edge technology for millions of Nigerians.
The Tech Experience Centre houses a convergence of globally renowned tech giants such as Cisco, HP, Microsoft, Dell Technologies, Zinox, Schneider Electric, Samsung, Apple and Bosch, among others, all under one roof to create an immersive experience of the latest technologies.
Equally important, the official unveiling of the centre provided a unique opportunity for invited guests to witness first-hand some of the amazing devices, gadgets and cutting-edge tech solutions being exhibited by the tech giants occupying the centre.
The event, a highly successful one, attracted a number of dignitaries from both the public and private sector to the high-rise Yudala Heights on 13 Idowu Martins Street, Victoria Island, venue of the high-profile commissioning.
Also present was a strong representation from Corporate Nigeria, with a number of Chief Executives from various sectors of the economy on hand to witness the unveiling of the unprecedented technology initiative.
The quality of attendance by corporate eggheads gave immediate endorsement to the launch. Some of those who experienced it described the Tech Experience Centre as the birth of a New Nigeria, while affirming the ambience, tech-infused set up and demonstration witnessed as worldclass.
One of the attendees, aformer Deputy Governor of the Central Bank of Nigeria and Chairman, Agrited Nigeria Ltd., Ernest Ebi hailed the launch of the Tech Experience Centre as a commendable initiative, even as he congratulated the management of TD Africa and the Chairman, Zinox Group, for the successful birthing of the landmark project.
‘‘The Tech Experience Centre is a place worth visiting. The ambience and layout of the centre is amazing and the various technologies on display are exciting to see. I congratulate TD Africa and Dr. Leo Stan Ekeh on the successful launch of this project.
‘‘Indeed, it is a thing of pride that such a wonderful initiative can originate from Nigerians. This is another aspect of the Tech Experience Centre that makes it all the more delightful,’’ he said.
On his part, Managing Director/Chief Executive Officer, Fidelity Bank Plc., Nnamdi Okonkwo hailed the Tech Experience Centre as a very impressive concept.
‘‘I trust TD Africa and the Zinox Group to always lead the way. So, I am not surprised with the world class Experience Centre that was unveiled. It is a very impressive concept.’’
Also expressing her thoughts on the launch of the Tech Experience Centre, Group President, YGroup Holdings Ltd., Fatumata Soukouna Coker described the innovation as an excellent statement of Nigeria’s emergence in the global tech space.
‘‘It was a privilege for me to be present to witness the launch of the Tech Experience Centre. It is a laudable project which will boost Nigeria’s profile in the global technology space.
“I will definitely be visiting the Tech Experience Centre after this launch. I was excited by all I saw on the day of the launch, especially some of the smart home appliances and kitchen piece displayed on the second floor.’’
In addition, another bank CEO, who spoke on condition of anonymity,was effusive in his encomiums when asked his experience about the Tech Experience Centre.
‘‘Sincerely there is nothing missing here from what you see in Silicon Valley and in other advanced climes. This Tech Experience Centre has shown that things can happen properly in Nigeria.
“I commend TD Africa and the Zinox Chairman, as well as other key players who visualized this project for executing it to worldclass standard,’’ he enthused.
The Tech Experience Centre was officially commissioned on Thursday, October 1, 2020, the occasion of Nigeria’s 60th Independence Anniversary, by the Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami, who was the Special Guest of Honour. Also present as Chief Host was the Lagos State Governor, represented by Deputy Governor, Dr. Obafemi Hamzat.
In addition to providing access to latest technologies for Nigerians and reducing the decision-making cycle for CEOs as well as Chief Information/Technology Officers in the public and private sector, the Tech Experience Centre will also play a very essential role in building capacity among Nigerian youths.
Head of the Tech Experience Centre, Chidalu Ekeh says the centre will expose many to advanced trainings and certifications in the area of Information Technology, with many of them subsequently expected to build apps, crafts and other solutions that will address peculiar challenges in Nigeria and solve global problems.
Among the attendees at the event was the Director General, National Information Technology Development Agency (NITDA), InuwaKashifu Abdullahi; Commissioner for Science and Technology, Lagos State, Dr. Hakeem Fahm; Chairman, MTN Nigeria, Dr. Ernest Ndukwe; Founder/CEO, MainOne, FunkeOpeke; Chairman, Stanbic IBTC, PetersideAtedo; MD/CEO, Airtel Nigeria, Mr. SegunOgunsanya; MD/CEO, Standard Chartered Bank, LaminManjang; Group Managing Director, FBN Holdings, U. K Eke; MD/CEO, Ecobank, Patrick Akinwuntan; Managing Director, Polaris Bank Ltd., Innocent Ike; former Chairman of Accenture, Mr. Dotun Suleiman; Chairman, Officine Gullo, Alhaji Usman Mohammed; MD/CEO Stanbic IBTC Capital, Mr. FunsoAkere; Executive Director, Access Bank, Mr. Victor Etuokwu; MD/CEO, Providus Bank, Mr. Walter Akpani; CEO, CWG Plc., AdewaleAdeyipo; Chairman, Aso Savings and Loans Plc., Alhaji Ali Magashi; former CEO, Diamond Bank, Mr. EmekaOnwuka; Founder/CEO, Britannia Oil and Gas, Mrs Catherine IjuIfejika and her husband, Mr. Emmanuel Ifejika; media entrepreneur and ace blogger, Linda Ikeji; renowned fashion couturier, Lanre Da Silva Ajayi, just to mention a few.
The Tech Centre is widely expected to boost Nigeria’s relevance in the global technology race and shore up the country’s march to technology independence.
For the first time, Nigeria will play host to the latest global technologies including those not normally available in Africa, offering all classes of visitors a first-hand experience of new gadgets, solutions and infrastructure that would have previously required a visit abroad, thereby saving corporate organizations, government establishments and individuals money or scarce foreign exchange expended on these trips.
Telecom
Meta Challenges Nigerian Tribunal’s $220M Fine over Data Breaches

Meta has announced its intention to appeal the decision of the Competition and Consumer Protection Tribunal (CCPT), which upheld a $220 million fine imposed by the Federal Competition and Consumer Protection Commission (FCCPC) over its data practices.
The penalty follows a 38-month investigation conducted by the FCCPC, in collaboration with the Nigeria Data Protection Commission (NDPC), which ran from 2021 to December 2023.
The investigation found evidence of unauthorised data sharing, insufficient user consent mechanisms, and discriminatory practices that treated Nigerian consumers differently from those in other regions.
In July 2024, the FCCPC imposed the $220 million fine on Meta and WhatsApp, citing violations of Nigeria’s data protection and consumer rights laws. Additionally, the ruling mandated corrective actions to ensure that Meta’s business practices comply with Nigerian regulations.
In a decision delivered on Friday, April 25, the tribunal upheld the fine, reaffirming the FCCPC’s authority and investigative processes. The tribunal also ordered Meta to pay an additional $35,000 to cover the costs incurred during the investigation.
However, Meta expressed disagreement with the tribunal’s ruling, stating in a statement on Saturday, April 26, that it would urgently seek to appeal the decision and apply for a stay of execution.
“We are urgently applying to stay the order and appeal today’s decision to avoid any impact to users,” WhatsApp said.
The company also contested the tribunal’s findings, claiming that the ruling misrepresented how WhatsApp operates and contained inaccuracies regarding its data practices.
Telecom
Tribunal Upholds FCCPC’s $220m Fine against Meta, WhatsApp
Competition and Consumer Protection Tribunal has upheld a $220 million fine imposed by the Federal Competition and Consumer Protection Commission (FCCPC) on Meta Platforms Inc. and WhatsApp LLC for data privacy violations in Nigeria.
The Tribunal also awarded $35,000 in investigative costs to the country’s Federal Competition and Consumer Protection Commission .
In a statement issued by the FCCPC, the Tribunal delivered its judgment in the appeal filed by Meta Platforms Incorporated (Facebook) and WhatsApp LLC against the Federal Competition and Consumer Protection Commission (FCCPC), affirming the Commission’s authority and ruling in favour of its actions on nearly all contested issues.
According to the statement by the FCCPC, “The Tribunal specifically determined that the Commission adhered to prevailing laws, fulfilled its mandate, and exercised its powers by the 1999 Constitution (as amended).
“It ruled that the multiple actions by WhatsApp and Meta, for which the Commission made findings of violations, were correctly identified, and that the Commission did not err in making those findings.”
The statement revealed that WhatsApp and Meta’s legal team was led by Professor Gbolahan Elias (SAN), while the FCCPC was represented by Babatunde Irukera.
It added that both legal teams presented their final arguments on behalf of their respective clients on January 28, 2025.
“The FCCPC had on July on July 19, 2024, issued a Final Order imposing a $220 million administrative penalty after concluding that the companies engaged in discriminatory and exploitative practices against Nigerian consumers, the investigation started in 2020.
“The case arose from a 38-month joint investigation initiated by the FCCPC and the Nigeria Data Protection Commission (NDPC) into the conduct, privacy practices, and consumer data policies of Meta Platforms and WhatsApp.
“Dissatisfied with the Order last year, Meta and WhatsApp appealed to the Tribunal, challenging both the legal basis and the findings of the Commission,” FCCPC said.
The Tribunal upheld the FCCPC’s authority and investigative procedures in Meta and WhatsApp’s appeal, resolving most of the contested issues in the Commission’s favour.
It confirmed that the FCCPC acted within its constitutional and statutory mandate, particularly regarding fair hearing, data protection, and consumer rights.
While it dismissed the majority of the appellants’ objections, it set aside one specific order (Order 7) for lacking sufficient legal basis.
While expressing satisfaction with the judgment, Tunji Bello, executive vice chairman/CEO, commended the Commission’s legal team for their exceptional diligence and forensic expertise in assembling evidence and presenting their case.
He reaffirmed the FCCPC’s unwavering commitment not only to protecting the rights of Nigerian consumers but also to promoting fair business practices in line with the FCCPA (2018) and the Renewed Hope Agenda of the Nigerian government.
Telecom
Legend Internet Plc Makes History as First Indigenous Telecom Firm on NGX

Nigerian Exchange Limited (NGX), has made history with the listing of Legend Internet Service Plc as the first company in its Telecoms sector and the first company to be listed this year.
Legend’s N2 billion ordinary shares, with a par value of 50 kobo each, were listed at N5.64 per share.
Dr Umaru Kwairanga, chairman of NGX Group, who welcomed Legend’s board and management, commended the company for its successful listing on the Exchange
He highlighted that listing signifies an elevated commitment to corporate governance and provides opportunities to leverage the Exchange’s diverse asset classes for capital raising.
He stated, “As we celebrate this listing, with many more in the pipeline, I commend the management of Legend Internet Plc for this remarkable milestone.
“This bold step demonstrates confidence in your business model and growth vision.
It also marks the formal emergence of a broadband service as a distinct sub-sector on our Exchange.
Legend has evolved from a focused digital network provider to a diversified technology player, achieving significant advancements in broadband infrastructure development and data services.
We anticipate continued growth in the future.
“We are still bringing many companies on board the NGX, including Dangote, NNPC and others.
“As Africa’s leading exchange, NGX has consistently championed innovation, transparency and sustainable value creation through our investment in cutting-edge infrastructure and a comprehensive range of product offerings, spanning equities, bonds, ETFs and derivatives
Speaking at the Facts Behind the Listing Ceremony, Dr Ladi Bada, chairman, Legend emphasised that the company, as the first indigenous telecommunications company on NGX, has substantial value to offer the market.
Bada encouraged Nigerians to embrace the broadband industry, recognizing it as the fastest-growing sector globally.
He noted that the company had been instrumental in laying fiber optic cables connecting 250 homes in the Suleja and Abuja environs.
He expressed optimism that the Exchange would serve as a catalyst to replicate such commendable projects across other regions of Nigeria.
“We are here to create an enabling digital infrastructure to achieve the projected one-trillion dollar economy.
“On this special day, Legend Internet takes a bold step forward, not just for itself, but for the broader ecosystem of technology, infrastructure, and enterprise in Nigeria.
“As we begin this exciting new chapter as a publicly listed company, we do so with humility and boldness.
We remain committed to continuous innovation, expanding our reach, and delivering value to shareholders and society
“A listing on the Nigerian Exchange is more than a financial event. It is a signal and a declaration that a business is ready to be held to the highest standards of governance, performance, and public trust,” he said
Providing insights into the company’s development, Ms Aisha Abdulaziz, chief executive officer of Legend Internet Plc, stated that the company had evolved from an internet service provider to a comprehensive digital service provider.
Abdulaziz noted that with broadband penetration in Nigeria being less than one per cent, Legend Internet was strategically positioned to deepen access
She affirmed the company’s commitment to taking Nigeria’s digital economy to the next level
“When we started Legend, we weren’t just building an internet company; we were building a movement
A movement fueled by the belief that every Nigerian deserves access to premium, reliable, and high-speed internet, regardless of their location or occupation
“From late nights in our first office to laying fiber across Abuja, to launching products that made people’s lives easier and faster, our journey has always been about connections
“Connecting people to opportunities, connecting homes to entertainment, connecting Nigeria to the digital future it deserves. Our journey has always been about a better way to live.
“This listing is a symbol of our commitment to transparency, sustainable growth, and the kind of excellence that outlives hype.
“Legend’s primary focus now is on unlocking digital value at the household level,” she said.
Mr Jude Chiemeka, chief executive officer of NGX, congratulated the company for making the strategic decision to list.
Mr Chiemeka noted that Legend’s listing on NGX now brings the total number of listed securities to 322
Also, Mr Temi Popoola, chief executive officer of the Nigerian Exchange Group, encouraged the investing public to support the newly listed company.
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