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Articles by Progress Godfrey
Every fibre cut sets Nigeria’s digital economy back, but who pays?
When Nigeria’s president, Bola Tinubu, signed the Designation and Protection of Critical National Information Infrastructure (CNII) Order in June 2024, the Federal Government aimed to shield telecommunications assets from relentless vandalism and physical damage. By classifying fibre lines, base stations, and data centres as vital national security installations, the order sought to impose deterrent penalties and curb unauthorised tampering.
MTN Ghana’s revenue rises 33.5% as digital services expand
MTN Ghana, a subsidiary of MTN Group whose network business operates as Scancom PLC, generated GHS23.2 billion ($1.98 billion) in service revenue in the first nine months of 2026, a 33.5% increase year-on-year, due to rising data demand and growing adoption of digital and financial services. Revenue growth accelerated in the third quarter, rising 35.7% to GHS8.2 billion ($700.3 million), reflecting stronger performance across its connectivity and fintech operations.
Breet makes case for simpler crypto payments at Moonshot
Making cryptocurrency payments easier to use is as much a challenge as building the infrastructure behind them, Breet chief operating officer Vivian Mbene told Moonshot by TechCabal in Lagos on Wednesday. Mbene said the company’s biggest task was making a complicated product appear simple to customers, allowing businesses to accept digital assets without taking on the operational demands of managing them.
Africa needs cheaper AI to reap economic gains, says Enzi’s Udezue
Africa’s ability to benefit from artificial intelligence will depend on bringing down the cost of using it, Oji Udezue, president of Enzi, told Moonshot by TechCabal in Lagos. Udezue said reducing the cost of inference, the process through which AI models generate responses and perform tasks, was essential to making the technology affordable for businesses and individuals across the continent. “Our goal is to make AI cheaper for Africa and America,” he said.
“It has to touch the lives of people”: the Gates Foundation’s challenge to Africa’s AI builders
Africa’s artificial intelligence developers should measure success by improvements in healthcare, education and incomes rather than the number of products they launch, the Gates Foundation’s Nigeria director told Moonshot by TechCabal in Lagos. Uche Amaonwu said AI could widen access to knowledge, services and economic opportunity, but warned that its benefits would depend on deliberate choices about how the technology was developed, financed and deployed.
“It’s for the person in your village”: Oji Udezue’s $10mn Enzi Prize to crack AI’s cost wall for Africa
Oji Udezue has built products that made millions in Silicon Valley, serving as chief product officer at Typeform and Calendly, product lead at Twitter, and head of product at Atlassian. On Moonshot’s Emerging Tech stage, he returned to the question he says keeps drawing him back to Africa: who is a technology actually for? Frontier AI, he argued, is being priced out of reach for most of the continent, and the Enzi Prize is his attempt to change who can afford to use it.
Airtel Africa appoints Goriola Bakare to lead home Internet business
Airtel Africa has appointed Goriola Bakare as Home Broadband Experience Lead for the continent, effective October 1, 2026, after he led Airtel Nigeria’s home broadband business and completed a six-month secondment to Bharti Airtel in India. The appointment comes as Airtel Africa expands its broadband business beyond traditional mobile data services to capture rising demand for home connectivity.
NCC’s device verification tool exposes vulnerabilities in Nigeria’s mobile imports
Nigeria’s telecom regulator launched a device verification tool that lets buyers check whether a phone is approved for use on local mobile networks. But enforcing compliance across an import-dependent market could test the agency’s technical reach.
JAMB’s Canadian ambition: A $20 ticket to a system parents fought to leave
Nigeria’s Joint Admissions and Matriculation Board (JAMB) wants to administer its university entrance exam inside the Nigerian High Commission in Ottawa by 2027. The goal? To internationalise Nigerian universities by making it easier for the diaspora to write the UTME and study back home. The registration fee is just $20.
Nigerians used 90% of 2025’s internet data volume in eight months
Nigerians consumed 11.94 million terabytes of internet data in the first eight months of 2026, around 90% of the volume recorded throughout 2025, pointing to growing demand through more intensive use of internet services. In August alone, consumption reached 1.76 million terabytes, according to the Nigerian Communications Commission’s latest industry statistics.
Nigeria: Govt Targets 200 Towers By December As 3,700-Tower Rollout Begins - Tijani
Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, has said the Federal Government will activate at least 200 telecommunications towers by December as part of its project to deploy 3,700 towers across the country, Tijani said the towers were being deployed to communities without connectivity and would serve between 5,000 and 10,000 people each, with the full project expected to reach more than 20 million Nigerians.
Nigeria's Foreign Reserves Surpass Annual Target, Rise Above $52.5bn - CBN
Nigeria's foreign reserves have exceeded the Central Bank of Nigeria's (CBN) annual target, rising above $52.5 billion as of July 17, 2026, the highest level recorded in 17 years. The CBN stated this on Tuesday, emphasising that the growth was driven by renewed investor confidence and sustained capital inflows.
News -- Remote work reshapes Nigeria's tech workforce, widens global opportunities
Remote work, once viewed as a temporary response to the COVID-19 pandemic, has evolved into a defining feature of Nigeria’s technology ecosystem, changing how professionals work, how companies recruit talent and how salaries are determined. For thousands of Nigerian software developers, designers, digital marketers and data analysts, geography is no longer a barrier to employment.
News -- Tinubu approves N3.6bn ITF scheme for tailors, targets 200,000 artisans
ABUJA — President Bola Tinubu has approved N3.6 billion for the Industrial Training Fund (ITF) Skill-Up Artisans (SUPA) further training programme aimed at supporting tailors and strengthening Nigeria’s informal sector. The Federal Government is targeting about 200,000 artisans for the 2026 edition of the programme, which is designed to improve technical skills, create jobs and boost entrepreneurship among artisans.
Nigeria, Three African Nations Deepen Alliance to Boost Cocoa Value Addition
The Federal Government, cocoa-producing states and three other African countries have agreed to deepen cooperation to boost cocoa processing, improve farmers' earnings and retain more value from the global chocolate industry within Africa.
News -- CAC gives companies Aug. 1 deadline to meet letterhead rules
The Corporate Affairs Commission (CAC) has given companies until August 1, 2026, to comply with statutory requirements on business letters, warning that defaulters would face sanctions. The commission, in a public notice on Wednesday, said the enforcement is in line with Sections 304(1) and (2) and 729(1)(c) of the Companies and Allied Matters Act (CAMA) 2020 and applies to all companies registered under the Act or any law it repealed.
Nigeria: Govt Suspends Enforcement of New Internet Platform, Digital Economy Regulations
The Federal Government has suspended the enforcement of new regulations affecting internet platforms, online intermediaries and other cross-cutting digital economy issues pending the completion of a national policy review.
Nigeria: Govt Directs FCCPC to Probe X, Meta, AI Firms Over Anti-Competition Allegations
ABUJA -- The Federal Government has directed the Federal Competition and Consumer Protection Commission (FCCPC) to investigate X (formerly Twitter), Meta, other major technology companies and Generative Artificial Intelligence (AI) firms over allegations of anti-competitive practices affecting Nigeria's media industry.
News -- Nigeria's foreign reserves surpass annual target, rise above $52.5bn
Nigeria’s foreign reserves have exceeded the Central Bank of Nigeria’s (CBN) annual target, rising above $52.5 billion as of July 17, 2026, the highest level recorded in 17 years. The CBN stated this on Tuesday, emphasising that the growth was driven by renewed investor confidence and sustained capital inflows.
Nigeria: Over 50 Nigerian Firms Embrace Global Sustainability Reporting Standards - FRC
ABUJA — The Financial Reporting Council of Nigeria (FRC) says more than 50 organisations are actively working towards adopting the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards.
Nigeria: Govt to Review N70,000 Minimum Wage - Gbajabiamila
ABUJA - The Federal Government has signalled plans to review the national minimum wage, stating that the current N70,000 benchmark no longer reflects prevailing economic realities. Vanguard reports that the move comes less than two years after President Bola Tinubu signed the new minimum wage into law, raising it from N30,000 and shortening the review cycle from five years to three years.
Nigeria: Headline Inflation Rate in 3rd Consecutive Month Rise, Hits 15.93 Percent
Nigeria's headline inflation rate has gone up again, the third consecutive month, in May 2026, hitting 15.93 percent. The National Bureau of Statistics, NBS, announced the increase in its latest consumer price index (CPI) report released yesterday.
Digital postcode to transform commerce, security, cut delivery costs — Tijani
By Progress Godfrey The Federal Government has said Nigeria’s Digital Alphanumeric Postcode System, scheduled for launch this year, will transform commerce, strengthen security and… Headlines Newsletter Subscribe now for weekly top news headlines roundup, delivered directly to your inbox. THANK YOU FOR SUBSCRIBING! Something went wrong.
Nigeria’s trade surplus rises 91% to N7.55trn in Q1’26
By Progress Godfrey Nigeria recorded a 91 per cent, year-on-year, YoY increase in trade surplus to N7.55 trillion in the first quarter of 2026, Q1’26 from N3.95 trillion in the same… Headlines Newsletter Subscribe now for weekly top news headlines roundup, delivered directly to your inbox. THANK YOU FOR SUBSCRIBING! Something went wrong.
News -- FG unveils $1bn AfCFTA fund to boost Nigeria's export drive
ABUJA – ?The Federal Government has launched a $1 billion African Continental Free Trade Area (AfCFTA) Adjustment Fund Credit Facility to boost local production and intra-African trade. This initiative aims to improve the competitiveness of Nigerian businesses and accelerate the country’s export-led economic growth agenda across continental markets.
Nigeria: SSB Tax Could Threaten Jobs, Affect Investments, Msmes, - Acci
ABUJA — The Abuja Chamber of Commerce and Industry (ACCI) has warned that the proposed Sugar-Sweetened Beverages (SSB) tax could threaten jobs, weaken investment and strain small businesses, urging lawmakers to halt further action. The chamber called for the suspension of the bill already approved by the Senate and asked the House of Representatives to reconsider the proposal.
Nigeria: Finance Ministry, Contractors Clash Again Over Outstanding Debt
At the backdrop of a resumption of protests by contractors, the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has said it approved payments to more than 1,240 contractors. According to a statement signed by Efe Ovuakporie, Head Information and Public Relations of the Ministry of Finance, "Contractors prioritised for payment in the most recent batch are those with verified claims in the region of N100 million or less.
News -- 131 Nigerian companies earn Africa Quality Mark in major trade boost
ABUJA – The Federal Government has presented the Africa Quality Mark (AQM) certification to 131 companies for 220 made-in-Nigeria products, reiterating its commitment to supporting industrial expansion and export growth. This forms part of efforts to strengthen the competitiveness of Nigerian goods in regional and continental markets under the African Continental Free Trade Area (AfCFTA) framework.
Africa: 131 Nigerian Companies Earn Africa Quality Mark in Major Trade Boost
ABUJA - The Federal Government has presented the Africa Quality Mark (AQM) certification to 131 companies for 220 made-in-Nigeria products, reiterating its commitment to supporting industrial expansion and export growth. This forms part of efforts to strengthen the competitiveness of Nigerian goods in regional and continental markets under the African Continental Free Trade Area (AfCFTA) framework.
Nigeria: Govt Unveils Net-Zero Investment Plan, Targets 2060 Carbon Neutrality
The Federal Government launched its Net-Zero Investment Plan in Abuja on Wednesday, setting a 2060 target for carbon neutrality while pushing for growth anchored on clean investment. Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, said the plan outlines Nigeria's pathway to net-zero greenhouse gas emissions and positions climate action within the country's long-term economic framework.
Nigeria, Germany Seal €65m Devt Push, Eye €300m Export Credit Facility
ABUJA - Nigeria and Germany have sealed a €65 million development cooperation deal and a €300 million export credit facility aimed at unlocking private investment and easing financing for key sectors. The agreement was reached in Abuja on Wednesday at the opening of a two-day bilateral negotiations on development cooperation between Germany's Federal Ministry of Economic Cooperation and Development (BMZ), and Nigeria's Ministry of Budget and Economic Planning.
News -- Inflation rises to 15.69% in April
Nigeria’s headline inflation rate rose to 15.69 per cent in April 2026, up from 15.38 per cent recorded in March, reflecting a 0.31 percentage point increase, according to the National Bureau of Statistics (NBS). According to the data released on Friday, Consumer Price Index (CPI) stood at 138.3 in April, marking a 2.9-point increase from 135.4 in March. The NBS said the increase followed the agency’s recent rebasing to a 2024 base year with 2023 as the weight reference period.
News -- FCCPC pushes nationwide adoption as Lagos moves to end estimated billing
The Federal Competition and Consumer Protection Commission (FCCPC) has backed Lagos State’s move to eliminate estimated billing, urging other states to adopt similar reforms across Nigeria’s electricity market. The Commission, in a statement on Tuesday, said the initiative signals a shift towards transparency, improved service delivery and stronger consumer protection, with smart metering at the centre of the reform.
News -- Improve service quality or face sanctions, FG warns MTN, Airtel, Glo
The Federal Government has warned telecom operators to improve service quality or face regulatory sanctions, saying recent reforms have stabilised the sector and removed excuses for poor network performance. Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, issued the warning in a statement on Sunday, emphasising that Nigeria’s connectivity gaps were largely structural, driven by years of underinvestment and constraints on operators.
News -- Nigeria strengthens global tech voice as Tijani, Minister of Communications, emerges ITU Council chair
Nigeria’s Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, has been appointed Chair of the 2026 Council of the International Telecommunication Union, ITU, in a move that strengthens the country’s voice in global digital policy. According to a statement on Thursday, the Minister’s appointment was announced at the Council’s inaugural plenary on April 28 in Geneva, where member states convened to steer the Union’s strategic direction.
West Africa: Nigeria's Non-Oil Exports Hit $6.1bn, Reach 210 Markets
·Bets on women-led SMEs for inclusive growth Nigeria's non-oil export sector recorded a historic milestone in 2025, with export value hitting $6.1 billion and market reach expanding to 210 countries, the Nigerian Export Promotion Council, NEPC, has disclosed.
Nigeria: Odi Hails Reforms, Accountability in Key Government Agencies
The Oduduwa Development Initiative (ODI) has commended five federal agencies for what it described as strong performance in service delivery, transparency and reform efforts.
News -- Rising cyber attacks driven by digital economy growth
ABUJA — The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, has said Nigeria’s rising wave of cyber attacks is a direct consequence of the country’s expanding digital economy. Tijani stated this while delivering his keynote speech at a stakeholder consultation on the proposed Ministerial Advisory Council for Cybersecurity Coordination in Abuja on Wednesday, which marked the start of consultations aimed at shaping a national framework for coordinated cyber resilience.
FG begins nationwide registration of car dealers to sanitise auto market
By Progress Godfrey ABUJA—The Federal Government has launched the National Vehicle Dealership Registration Framework for car dealers, in a decisive move to sanitise Nigeria’s auto market,… Headlines Newsletter Subscribe now for weekly top news headlines roundup, delivered directly to your inbox. THANK YOU FOR SUBSCRIBING! Something went wrong.
Nigeria Not Collapsing, but Undergoing Tough Economic Reset - Budget Office DG
Nigeria is not in economic collapse but undergoing a difficult and necessary reset to correct long-standing structural distortions, the Director-General of the Budget Office of the Federation, Tanimu Yakubu, has said. He stated that the prevailing hardship across the country reflects a deliberate policy shift aimed at restoring macroeconomic stability, improving fiscal discipline and strengthening the credibility of economic management, rather than a breakdown of the system.
NDPC probes Remita, Sterling Bank over alleged data breach
By Progress Godfrey The Nigeria Data Protection Commission (NDPC) says it has launched an investigation into an alleged data breach involving Remita Payment Services Ltd., Sterling Bank… Headlines Newsletter Subscribe now for weekly top news headlines roundup, delivered directly to your inbox. THANK YOU FOR SUBSCRIBING! Something went wrong.
News -- FG launches VehCAP, a new vehicle conformity regime aimed at eliminating unsafe and substandard automobile imports (Tokunbo)
ABUJA—The Federal Government has launched a new vehicle conformity regime aimed at eliminating unsafe and substandard automobile imports, declaring that no vehicle will be allowed into Nigeria without certification under the SON–NADDC Vehicle Conformity Assessment Programme (VehCAP).
Nigerians Spend More As Air, 'Okada' Fares Spike in February
Nigerians faced higher commuting costs in February 2026 as airfares and motorcycle transport charges recorded notable increases, pushing overall transport expenses upward despite a slight drop in intercity bus fares, according to the National Bureau of Statistics (NBS). The latest Transport Fare Watch report by the NBS showed that the average airfare for specified routes increased to N153,647.95 in February, reflecting a 1.51 per cent rise from January and a 21.38 per cent jump year-on-year.
News -- NDPC probes Remita, Sterling Bank over alleged data breach
The Nigeria Data Protection Commission (NDPC) says it has launched an investigation into an alleged data breach involving Remita Payment Services Ltd., Sterling Bank and other entities.
Why skills gap may hit Cyber for women from rear
By Progress Godfrey Nigeria’s digital economy is growing rapidly, contributing over 18 percent to the nation’s Gross Domestic Product, GDP, yet a significant gender gap in digital skills… Headlines Newsletter Subscribe now for weekly top news headlines roundup, delivered directly to your inbox. THANK YOU FOR SUBSCRIBING! Something went wrong.
News -- New satellite plan nears execution stage ahead of 2028, 2029 takeoff
ABUJA-The Federal Government has moved Nigeria’s next-generation satellite programme into the execution phase, with NIGCOMSAT-2A and 2B scheduled for launch in 2028 and 2029 to boost connectivity, security and digital economy growth. Managing Director of NIGCOMSAT Limited, Mrs Jane Nkechi Egerton-Idehen, disclosed this at the opening of the 2026 Satellite Week in Abuja.
News -- FG launches N12bn digital economy research fund, engages universities
ABUJA — The Federal Government has unveiled a N12 billion Digital Economy Research Fund aimed at promoting evidence-based policymaking and advancing Nigeria’s digital transformation agenda, with universities taking a central role in the initiative. The announcement was made by the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, on Saturday, alongside a call for expressions of interest for the National Digital Economy Research Clusters.
News -- NCC orders telcos to compensate subscribers for poor service
ABUJA — The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) to compensate subscribers for service disruptions, marking a shift from traditional fines to direct consumer restitution. In a statement issued on Sunday by its Head of Public Affairs, Nnenna Ukoha, the commission said the directive targets operators whose network performance falls below established standards in specific locations.
News -- NCC unveils telecoms identity risk platform to tackle fraud, boost digital trust
ABUJA — The Nigerian Communications Commission (NCC) has unveiled plans for a new Telecoms Identity Risk Management System (TIRMS) platform aimed at curbing fraud, strengthening digital security, and restoring trust in Nigeria’s fast-growing digital economy. Executive Vice Chairman of the NCC, Dr Aminu Maida, disclosed this on Thursday in Abuja at a stakeholders’ consultative forum on the proposed platform and regulatory amendments.
Nigeria: How Attacks On Middle East Data Centres Expose Nigeria's Digital Vulnerability
Drone strikes that damaged three cloud facilities operated by Amazon Web Services (AWS) in the United Arab Emirates and Bahrain on March 1 have exposed Nigeria's lack of digital independence. It has also shown that in the geopolitical conflict, data centres are no longer neutral infrastructure but potential targets, raising concerns about the vulnerability of cloud-dependent economies like Nigeria. Nigeria, with a fast-growing digital economy, depends heavily on foreign cloud systems.
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