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Replying to @NehandaRadio
@nelsonchamisa is the mainone to blame here. He sidelined @hwendec who was the CCC congress elected SG & appointed Tshabangu. He then produced the most bizare pupported CCC constitution where noone had a position except himself. Everything would start & stop with him & him only.
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The Nigerian Communications Commission (@NgComCommission) has officially inaugurated the new board of the Nigerian Internet Protocol version 6 (IPv6) Council. Mr. Muhammed Rudman, Chief Executive Officer of the Internet Exchange Point of Nigeria (@IXPNigeria), will continue to serve as Chairman. This inauguration marks a significant milestone for Nigeria’s telecommunications sector, as global demand for #IPv4 now exceeds the available #IPv4 address space. Following the event, Rudman acknowledged the contributions of former board members, including Dr. Olu Teniola (former President, ATCON), Funke Opeke (Founder, MainOne), Mary Uduma (former President, NiRA), and Lanre Ajayi (past President, ATCON), emphasizing that their involvement was instrumental in establishing the nation’s foundational IPv6 migration efforts. Rudman noted that membership in the #IPv6 Council is institution-based. DETAILS: techeconomy.ng/ncc-inaugurat… @NITDANigeria | Association of Telecommunications Companies of Nigeria (#ATCON) | @niraworks | #ALTON | #ISPON, and NgRE.
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- The late Teejay Adetunji Opaleye🕊️ (Bumpa - LAW) - The late Abiola Olaniran🕊️ (Gamsole - CSC) - Funke Opeke (Main Street Technologies/ MainOne - EEE) - Bidemi Oke (Flashchange - Agric) - Ewere & Olumide (Dimension11 Games - CSC) - Ben, Osezele, Israel & Ayo (Flux (YC W21)- Mech Eng) - Clinton Oyelami (Swerv - Entrepreneurship)
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we fooled ourselves. we aint decentralized. Change my mind. figured id share my villain origin story around the current "decentralization" of crypto. so here it is I loved that word back when crypto first started getting big (decentralization). believed in it fully. that was until march 2024. flew into lagos late january for a 3 month contract, smart contract dev work for a fintech outfit building remittance rails. one way ticket, didnt bring much cash, they were supposed to pay me weekly in usdc so easier to convert chunks at a time than eat fx fees upfront. figured worst case i had crypto on my ledger as backup. third week in, they hit a funding wall. african startup funding had been brutal for over a year, their lead investor pulled back. they came back trying to renegotiate down to half rate. i told them id finish the month and bounce. fine. figured id ride it out a few extra weeks and see the place. March 14. Wake up, no internet. mtn data dead, airtel barely loading, wifi in the apartment is down. couple hours later word starts spreading. four subsea cables between west africa and europe failed at almost the same time. wacs, mainone, ace, sat-3. an undersea rockslide off cote divoire took em out. sterling banks network was down. ussd transfers failing. atms either offline or refusing. the country had been effectively UNPLUGGED from the rest of the world overnight, and the bank rails went with it. my ledger? technically fine. the device works. but what does that get me. i had usdc sitting on #ethereum and no way to reach a node, no rpc, no exchange ui, and the local #p2p guy id used the week before was as offline as i was. banks were down anyway so even if i could move usdc id have nowhere to land it. had cash on hand, so did most people i knew, but trust me you feel small when your "self-custody" position becomes a brick because of a rockslide on the seafloor. mainone said repairs could take up to five weeks. sat-3 didnt come back until early april. mobile got patched first as carriers rerouted, but capacity was a mess for weeks. by then id had a lot of time to think. thats when it clicked. we fooled ourselves. we aint #decentralized. we built billion dollar systems sitting on top of a few hundred subsea cables, dns servers, and bank rails any rockslidebor government can shut off whenever they feel like it. four cables dead and a third of a continent is offline. one minister signs a memo and a whole country loses twitter for seven months. That's why im building a layer 1 thats actually decentralised. runs on lora, ble, sms. works when the internet doesnt. if you see the same problem, tag along, signal boost, were trying to get visibility. cheers. Kwon Jihak
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Replying to @Joe_brendan_
Don’t engage mumu people. I knew about equinox buying Mainone for $300 million years ago.
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Instead of complaining. Here’s how to Position yourself to profit from a $374 million market in 2026. Invest smartly, both locally and globally. In Nigeria 🇳🇬, buy MTN Nigeria (MTNN) stock on the NGX. They’re building West Africa’s largest Tier IV data center (1,500 racks, $235 million project) and already control massive telecom infrastructure that powers colocation. Why? MTN sits at the intersection of telecom, data hosting, and enterprise cloud, direct exposure to the 15-25% CAGR in Nigeria’s data center market. It’s liquid, pays dividends, and rides the same wave as hyperscalers. Rack Centre, Africa Data Centres, and Equinix’s MainOne (MDXi) dominate capacity today, but they’re mostly private or foreign-owned. MTN is your accessible Nigerian play. On the US 🇺🇸 side, load up on Equinix (EQIX). They just announced a $22 million LG3 data center in Lagos (first phase of a $100 million Africa push) and are the world’s largest data center REIT. Their global platform benefits from every AI workload landing in Africa while collecting steady rents and expansion upside. For broader exposure, consider Microsoft (MSFT) and Alphabet (GOOGL), both hyperscalers investing in African cloud and AI infrastructure. Power and cooling suppliers like Vertiv or Eaton also win as facilities fight Nigeria’s grid issues with solar, gas, and batteries. Energy is the hidden goldmine. Data centers here run on hybrid power (diesel/gas backups growing solar). Learn the sector, companies solving 24/7 reliable power will explode alongside the centers. What jobs and skills will pay you in this new era? Data center technicians and infrastructure engineers are in immediate demand, think electrical/mechanical roles managing cooling, UPS, and generators. Cloud architects and certified network engineers (AWS, Azure, CCNA) will run the low latency backbone enabled by new submarine cables. AI and machine learning specialists, Python, TensorFlow, PyTorch, big data pipelines, will design the actual workloads these centers host for fintech, healthcare, and government. Cybersecurity experts who understand data sovereignty and Tier III/IV compliance are non-negotiable. Power systems engineers focused on renewables and hybrid energy will be the highest-paid support roles because the national grid can’t keep up. Project managers who can coordinate hyperscaler builds, construction firms, and local regulators will command premiums. Get cloud certifications, learn data center operations (CDCP or similar), master power infrastructure, or upskill in AI engineering. Open a brokerage account. Buy MTN Nigeria and Equinix. Pick one high-income skill in tech, AI, energy, or telecom and master it this year. More stocks and jobs I forgot to mention: Stocks 1, CHAMS Holding Company Plc (CHAMS on NGX) 2, Airtel Africa (AIRTELAFRI on NGX and LSE) 3, NVIDIA (NVDA) Jobs 1, Renewable Energy & Microgrid Engineers 2, Data Center Facilities Managers & DCIM Specialists 3, High-Density Power & Electrical Engineers Not just Lagos is rising as the digital capital of West Africa. The world is changing and moving rapidly. Will you be watching, or own a piece of it?
Lagos is positioning itself as West Africa’s digital hub, with more than 20 operational data facilities and a market valued at $374m this year, drawing global firms including Google.
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Citibank , Linkage Assurance, Microsoft, Oracle, Shell, Chevron, Mainone and British American Tobacco All see talents and recruit Nigerian graduates and skilled professionals. But moniepoint ?? LOL. Please..
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Osi, it’s easy to say “Citibank, Microsoft, Oracle, Shell, Chevron, MainOne and BAT hire Nigerians, so Moniepoint should too,” but that comparison ignores context. Those multinationals have spent decades building talent pipelines in Nigeria (graduate trainee programmes, internships, global rotations), and massive training budgets. They don’t just find talent; they develop it. Moniepoint is a much younger, fast‑scaling Nigerian company competing directly with global fintechs. Their talent needs are different, their growth pace is different, and their internal training infrastructure is still evolving. So, saying others can hire Nigerians, why can’t Moniepoint oversimplifies the issue. Multinationals built systems that produce the talent they need. Moniepoint CEO is simply being HONEST that Nigeria needs more of those systems. As such, it was not an insult on Nigerians rather a call for better skilled graduates and more investment in talent development across the ecosystem. Moniepoint is also building local talent through DreamDevs and Women in Tech (now in its 6th year). They can't solve it all bro.
Citibank Microsoft Oracle Shell Chevron Mainone British American Tobacco Dem dey see talent recruit from Nigeria. But moniepoint no fit see.
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Citibank Microsoft Oracle Shell Chevron Mainone British American Tobacco Dem dey see talent recruit from Nigeria. But moniepoint no fit see.
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This Nigerian woman built a $320M internet empire and led one of the largest Nigerian tech acquisitions. Here’s her exit story👇 2005: Funke Opeke returned to Nigeria after 20 years in U.S. telecoms. The moment she got back, one problem stood out. Internet connectivity was weak. It was holding businesses back. She decided to solve this. 2008: Launched Main Street Technologies. The bet: submarine cable as the fix. A 7,000 km private open-access cable system connecting Portugal, Ghana, and Nigeria. Opeke started with her own savings... Later, navigated fundraising, regulation, and complex technical execution. 2010: The cable went live. Now, it had a scarce asset that others could not replicate. Next step: Turn from “one big project” into a multi-asset business. Wholesale, enterprise services, and data centers followed. 2020: MainOne became a leading broadband and data center platform in West Africa. Then came the exit... 2021: Equinix announced the acquisition of MainOne for $320M. Equinix established itself in Africa with a local footprint. That is classic M&A: buy time, geography, and operating capability instead of building for years. For MainOne, it was a strategic win: - Continuity for the team - $320M in enterprise value - Backing from a global infrastructure leader Their playbook was simple: Build something scarce→ Make it strategic→ Sell to the buyer who needs it most. Today, Funke Opeke stands behind a landmark deal in African tech. A case study worth following for founders and acquirers.
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Companies I want to see listed on the NGX; 1️⃣NNPC Limited @nnpclimited 2️⃣Chowdeck @chowdeck 3️⃣Moniepoint @moniepoint 4️⃣Flutterwave @theflutterwave 5️⃣CSCS Nigeria @CSCSNigeria 6️⃣Coscharis Group 7️⃣Veritasi Homes @VeritasiHomes 8️⃣ARM @armengage 9️⃣GIG Logistics @GiGLogistics 🔟MainOne @Mainoneservice
These are the private companies I’m most looking forward to seeing listed on the NGX: 1️⃣ Coleman Cables (@colemancablesNG) 2️⃣ Chapel Hill Denham (@ChapelHillNg) 3️⃣ CardinalStone (@CardinalStoneNG) 4️⃣ Johnvents Foods (@johnvents_foods) 5️⃣ Dangote Fertilizer (@DangoteGroup) 6️⃣ Dangote Refinery 7️⃣ Moniepoint (@moniepointng) 8️⃣ Interswitch (@InterswitchGRP) 9️⃣ OPay (@OPay_NG) 🔟 Dufil Prima Foods (@IndomieNG)
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I'm looking forward to seeing Olam Nigeria Saro Africa Indorama Hayat Kimyat Nigeria Promasidor Mavins Azura Power System specs TGI group MainOne Arnergy Segilola Resources Leadway Hitech Infracredit
These are the private companies I’m most looking forward to seeing listed on the NGX: 1️⃣ Coleman Cables (@colemancablesNG) 2️⃣ Chapel Hill Denham (@ChapelHillNg) 3️⃣ CardinalStone (@CardinalStoneNG) 4️⃣ Johnvents Foods (@johnvents_foods) 5️⃣ Dangote Fertilizer (@DangoteGroup) 6️⃣ Dangote Refinery 7️⃣ Moniepoint (@moniepointng) 8️⃣ Interswitch (@InterswitchGRP) 9️⃣ OPay (@OPay_NG) 🔟 Dufil Prima Foods (@IndomieNG)
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The NCA acknowledges the valued support of its partners namely, Comsys, Glico Health, MainOne, MTN and Telecel whose contributions were instrumental to the success of the programme.
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The first cable in 1879 carried telegraph signals. The internet runs on modern fiber optic cables done late 90s and they fail ALL the time. Since you clearly didn't do your homework: Feb 2024 Seacom cable cut by a ship anchor, SA internet disrupted March 2024 WACS, ACE, MainOne & SAT3 all failed simultaneously. Vodacom, Microsoft Azure SA both went down. 13 African countries impacted. May 2024 Two more cables between SA and East Africa went down June 2025 — WACS went completely offline for emergency maintenance due to a faulty branching unit So yes. They fail regularly. Google before you reply next time.
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BENİM PRİVDE Bİ VİDEO VAR MAİNONE CİKANLARİMİN HEPSİNDE DUDAK BUZDUGUM İCİN BİZİM DUDAK BUZME İSİNİN YOGUNLUK DİYE CEKMİSTİM COK KOMİK AMA ATAMAM BURAYA ANONUM...
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Replying to @Harri_obi
There was MainOne at $320 million in 2022, two years after Paystack, so there's been activity. MainOne is still the largest tech acquisition to date in Nigeria. bigtechthisweek.com/p/funke-…
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For our spotlight, we look at the phenomenal Funke Opeke @funkeopeke and what other founders can learn from her journey. These days, startup founders raise millions in funding easier. Back then, raising over $200 million in Nigeria, especially for something as technical and long-term as undersea cables, was almost unheard of. Funke Opeke did it anyway. One of the most striking things about Funke Opeke is how she talks about MainOne (@Mainoneservice). Or rather, how she doesn’t romanticise it. For many founders, their companies are described as “their babies”; something deeply personal and almost impossible to let go of. But Funke has been clear: she doesn’t see it that way. To her, MainOne was a mission, not an identity. So when the opportunity came to sell the company, she made the decision without the emotional attachment that often clouds judgment. For her, the focus is on growth, and what would allow the business to thrive beyond her direct involvement. After selling MainOne, it would have been easy for Funke Opeke to step back completely. But reverse has been the case, she describes this phase of her life as a “third chapter”, shaped by learning and continued curiosity. Her time at Harvard University as an Advanced Leadership Fellow gave her space to think more deeply about leadership, systems, and national development. Women like Funke, remind us of what is possible when we are curious and create solutions. Read more about her journey, using the link in our bio and follow us @refinedng for more stories amplifying black excellence.
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MainOne 🇳🇬 Nigeria Landing partner for the 2Africa 180Tbps undersea cable in Qua Iboe. This enabled Nigeria's first fully integrated international-to-metro digital connectivity ecosystem outside Lagos. Nigeria has expanded this digital ecosystem through a new 600km terrestrial fibre network across four states. Abia Akwa Ibom Delta Rivers An additional 160km of fibre is currently under construction to further extend the reach across the South-South.
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Starlink 🇳🇬 Nigeria Ground Station @inemesitaffia MainOne just released a video with a Starlink Ground Station with 14 Antennas. Might you know which site this is ?
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Nigeria’s South-South just got a major digital upgrade. The first fully integrated international-to-metro connectivity ecosystem outside Lagos. 180Tbps capacity. 600km fiber. One unified hub. Watch the full story in the video below #MainOne #Connectivity #SouthSouthNigeria
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