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Techeconomy.ng Wins ‘Most Innovative Digital Media Platforms of the Year’ Award

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Techeconomy.ng, a Nigeria-based digital news platform, has been decorated as the ‘Most Innovative Digital Media Platforms of the Year’ in Nigeria, Africa’s most populous nation, at Titans of Tech Hall of Fame 2021 edition.

Peter Oluka, editor of TechEconomy.ng with the ‘Most Innovative Digital Media Platforms of the Year award’ presented to the media startup at Titans of Tech Hall of Fame awards 2021… 23/07/2021

The colourful event took place over the weekend at Oriental Hotel, Lagos and was attended by Tech influencers in Nigeria and other dignitaries in the country.

Don Pedro Aganbi, Managing Consultant, TechTV and organisers of the high-octane Titans of Tech Hall of Fame Awards, said the Awards ceremony was designed to celebrate Hi-Tech most important movers and shakers; the revolutionaries, icons, organisations and institutions that are behind the technological wind of change that has engulfed Nigeria.

He described TechEconomy.ng as a digital news sites organisation dedicated to innovation.

“The platform helps the audience to understand ICT and business related news – aiding them in analysing what works and what doesn’t.

“With a strong focus on original content TechEconomy also shares the latest news in mobile and apps, social and audience, reporting and production.

L-R: Peter Oluka, editor of TechEconomy.ng with the Engr. Ikechukwu Nnamani, president, Association of Telecommunication Companies of Nigeria (ATCON), at the Titans of Tech Hall of Fame Award 2021… 23/07/2021.

“It also has a section focusing on the diversity of business models in the industry. So, it was not a surprise that they won in this category”, Aganbi said.

The award was presented to Mr. Peter Oluka, editor of TechEconomy.ng, by Mr. Ajibola Olude, executive secretary of the Association of Telecommunication Companies of Nigeria (ATCON).

In his response, Oluka thanked the organisers for honouring them, stressing that the team will continue to work round-the-clock to explore and explain the changing world around us in the technology sector while tilting the lenses on the emerging markets.

He dedicated the award to members of the team and the reader.

In his words: “I dedicate this award to the members of our team for their resilience which contributed to us receiving this award.

“Also, our readers across Nigeria, US, UK, South Africa, India, European Union, Ghana, Kenya, Netherlands, China, Russia and other parts of the world, we appreciate your support.

“One of the ways to rate news platforms is not just about the traffic but the impact you create in the lives of the reader.

R-L: Ajibola Olude, executive secretary, Association of Telecommunication Companies of Nigeria (ATCON) presenting the award plaque to Peter Oluka, editor of TechEconomy.ng at Titans of Tech Hall of Fame Award 2021… 23/07/2021

“We have in the recent past received emails from researchers who feel elated because they deduced insights from our publications that aided their research works.

“So, we are grateful to the TechTV team led by Don Pedro Aganbi for the honour done to us by inducting TechEconomy.ng into the Titans of Tech Hall of Fame Award”.


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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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Celebrating African Creativity: Made by Africa, Loved by the World’ Returns for Its Fifth Year

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The “Made by Africa, Loved by the World” campaign is back for its fifth year, celebrating African creativity and global influence. This year’s theme, “Where Culture Meets Connection,” highlights how social media fosters conversations around cultural moments worldwide.

The campaign features three cinematic films premiering on the Meta Africa page, showcasing the groundbreaking work and personal stories of six dynamic African creatives.

These artists, from Nigeria, Kenya, Ghana, and South Africa, represent diverse disciplines, including rap, animation, dance, photography, fashion, and videography.

Here are some of the featured talents:

  • Ladipoe (Nigeria) – A BET-nominated rapper known for blending global hip-hop with African rhythms.
  • Fatboy Animations (Kenya) – An animation studio founded by Michael Muthiga, recognized by Forbes for its original African storytelling.
  • Lisa Quama (Ghana) – A dancer who gained fame after appearing in Beyoncé’s “Already” music video.
  • Gilbert Asante (Ghana) – A photographer and creative director featured in GQ and Glam Africa.
  • David Tlale (South Africa) – A fashion designer whose bold designs have been showcased at major fashion events, including the Met Gala.
  • Ofentse Mwase (South Africa) – A filmmaker with over 24 international awards for his unique visual storytelling.

Kezia Anim-Addo, Communications Director for Africa, Middle East & Turkey, emphasized that the campaign not only celebrates individual success stories but also showcases how culture and social media drive meaningful connections and inspiration.


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Telcos Warn of Nationwide Telecom Blackout over Diesel Shortage

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Mr Tony Emoekpere, president, ATCON
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Association of Telecommunications Companies of Nigeria (ATCON), has raised the alarm over a diesel supply crisis caused by an ongoing strike by the National Union of Petroleum and Natural Gas Workers (NUPENG).

Telcos Warn of Nationwide Telecom Blackout over Diesel Shortage

Mr Tony Emoekpere, president, ATCON in a statement said that the fuel supply disruption is critically affecting telecom base stations, pushing them to the brink of a shutdown and threatening millions of mobile and internet users in the region.

“This strike, which stems from the persistent harassment of tanker and petroleum product drivers by police officers in Lagos State, has effectively halted all truck loading operations and fuel movements,” Emoekpere stated.

He explained that diesel supply to telecom infrastructure has been severely impacted, leaving critical sites with dangerously low fuel levels.

According to him, if urgent measures are not taken, the situation could escalate into a full-blown network blackout, disrupting essential services, including mobile and internet access, business operations, emergency response systems, and daily communications.

ATCON has called on the governors of Lagos and Ogun states to intervene immediately by facilitating the release of diesel from depots to telecom operators to prevent further deterioration of the situation.

“This is not just a telecom issue—it is a national emergency that could cripple economic activities and compromise public safety,” Emoekpere stressed.

The association also appealed to security agencies and petroleum unions to resolve the crisis swiftly to safeguard Nigeria’s connectivity and economic stability.

ATCON emphasised that a prolonged disruption in fuel supply to telecom infrastructure could have far-reaching consequences for both businesses and individuals who rely on stable communication networks for daily operations.

 

 

 


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Nigerians Spend N5.3 Trillion on Telecom Services

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In 2023, Nigerians spent a total of about ₦5.3 trillion on telecommunications services, which includes calls, data, SMS, and other telecom services, according to the Leadership.

Nigerians Spend N5.3 Trillion on Telecom Services

Specifically for voice calls, Nigerians made approximately 408.5 billion minutes of local calls, generating around ₦3.28 trillion from outgoing calls and ₦3.23 trillion from incoming calls, totaling about ₦6.51 trillion in call-related revenue according to projections based on 2023 call volumes and tariff data.

However, the ₦5.3 trillion figure represents the overall telecom sector revenue, with voice calls being a major component but also including data and other services.

For individual spending, MTN subscribers spent an average of ₦2,508 monthly on voice calls in 2023, showing a 14.4% increase from 2022, while Airtel customers spent about ₦1,694 monthly on voice calls.

Total telecom spending (calls, data, SMS, etc.): ₦5.3 trillion in 2023

Estimated revenue from voice calls alone: around ₦6.5 trillion based on call minutes and tariffs

Average monthly spending on calls per subscriber: ₦1,694 to ₦2,508 depending on the network

 

 

 


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