Nigeria intends to decrease telecoms' $350m diesel costs

MTN said the development marks a significant milestone for the sustainability of the telecommunications industry.

SIM swaps, replacements, and new activations have all been affected as telcos transition to a new ID verification system.

The facility, named after the late MTN Group CEO Sifiso Dabengwa, is Nigeria's largest pre-fabricated modular data centre, with 96 containerised modules and 1,500 racks.

The sector is expected to be worth $2.61 billion by 2030, up 83% from $1.42 billion in 2024, thanks mostly to the rapid growth of fintechs in the country.

According to the institution, the move demonstrates how Customs is actively leading digital transformation rather than simply participating in it.

The agreement is expected to reduce the risk of future cable disruptions along West Africa's coast while also enabling next-generation cloud services across the continent.

The initiative begins with a pilot in Eti-Osa local government and will progressively expand to other 57 councils.

Femi Aluko, chief executive officer and co-founder of Chowdeck, explains the company's strategy.

Nigeria and Chinese Galaxy Space to collaborate on technology transfer initiatives, including training Nigerian engineers how to build and run satellites.

The project consists of two main parts.  The first phase is valued $11.2 million, and the second phase is worth $40 million.

Airtel and Leadway Assurance said the entire process from selection of plan to payment and issuance of a digital policy document can be completed in less than three minutes.

The initiative, according to Meta, aims to leverage the use of open-source Llama models to foster the development of AI-powered solutions for Nigeria in core sectors like healthcare, agriculture and security.