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Nigeria’s Top ISPs Lose Thousands of Customers as Economic Pressures Shift Demand to Cheaper Mobile Networks

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Some of Nigeria’s biggest Internet Service Providers (ISPs), including Starlink and Spectranet, are seeing a significant drop in customer numbers, as inflationary pressures and shifting market dynamics force Nigerians to cut back on internet spending and prioritize cheaper alternatives.

According to fresh data from the Nigerian Communications Commission (NCC), total active subscribers across 127 ISPs dropped from 307,946 in Q3 2024 to 289,369 in Q1 2025—a net loss of over 18,500 customers. The decline represents a major blow for ISPs, many of which had hoped to ride the wave of digital transformation and remote work adoption triggered by the pandemic.

Starlink, Elon Musk’s satellite internet provider, which entered Nigeria last year and quickly surged to become the second-largest ISP by subscriber base, saw its first recorded drop. Its active user count fell from 65,564 in Q3 2024 to 59,509 by the end of Q1 2025—losing over 6,000 customers within six months.

Spectranet, Nigeria’s oldest surviving fixed wireless broadband provider and the largest ISP by subscribers, wasn’t spared either. Its subscriber base dropped by 2,189, from 105,441 to 103,252. FibreOne suffered the most substantial loss, shedding over 14,000 customers and seeing its base collapse from 33,010 to 19,000.

Why Nigerians Are Ditching ISPs

Analysts attribute the slump primarily to rising costs amid deepening economic hardship. With high inflation and a weakening naira, the cost of data, equipment, and power supply has become a burden for households and small businesses.

“The rising costs mean many families and small businesses have to focus strictly on essentials. Maintaining ISP subscriptions is not a priority,” said Jide Awe, an innovation policy advisor and founder of Jidaw.com.

He noted that Starlink, in particular, has been affected by its premium pricing structure. Its monthly subscription rose from N38,000 to N57,000, with the hike taking effect in April after the NCC approved a 50% tariff increase across telecom services in February.

Beyond the cost, many users are also migrating to mobile networks, which are more affordable and flexible. Unlike ISPs that mostly cater to businesses or home setups, Mobile Network Operators (MNOs) like MTN, Airtel, Globacom, and 9mobile provide more user-friendly data packages suited to individual needs.

“The recent entry of mobile networks into the Fiber to the Home (FTTH) space has put ISPs under more pressure,” said Tony Emoekpere, President of the Association of Telecommunications Companies of Nigeria (ATCON). “It’s not fair competition anymore. ISPs are now facing both regulatory and commercial threats.”

For Kelvin Ayodele, a small business owner in Lagos, the math didn’t add up anymore. “I stopped subscribing to Starlink two months ago when they increased prices. I switched to a mobile network provider—it’s cheaper and still delivers what I need,” he told Nairametrics.

ISPs Losing Ground to MNOs

The figures put the scale of the problem in perspective. While ISPs collectively served just under 290,000 customers by Q1 2025, Nigeria’s four MNOs—MTN, Airtel, Glo, and 9mobile—commanded 142 million active internet subscribers. Even after the February tariff hike, mobile internet subscriptions only dipped slightly to 141.9 million by April, a marginal 0.07% decline.

Currently, 234 companies are licensed as ISPs in Nigeria, but NCC data shows that only 127 had active customers in the first quarter of 2025. This growing discrepancy underscores a shrinking market share for fixed broadband operators and reveals the lopsided dominance of mobile broadband services.

What Next? Rethinking the ISP Business Model

To survive Nigeria’s volatile economic terrain, experts are urging ISPs to innovate beyond selling bandwidth.

“ISPs need to be more creative in data offerings, possibly through flexible, low-cost plans that fit current household and SME realities,” Jide Awe advised. He stressed the importance of bundling services, suggesting that ISPs could integrate digital tools or content tailored to education, healthcare, or real estate to create more value for customers.

He also encouraged strategic partnerships with tech-savvy startups, investments in off-grid energy sources like solar to cut operational costs, and improved customer support to build loyalty. “ISPs should also explore emerging technologies to enhance competitiveness and diversify their revenue streams,” he added.

While ISPs continue to grapple with pricing and infrastructure challenges, experts warn that their future in Nigeria’s internet economy will likely depend on how well they can pivot from traditional fixed services to more integrated, value-based offerings—especially as MNOs tighten their grip on the broadband market.

Nigeria’s Private Sector Growth Slows in June as Output Weakens, But Business Optimism Reaches Two-Year High

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Nigeria’s private sector witnessed a slight deceleration in growth in June 2025, with the Stanbic IBTC Bank Purchasing Managers’ Index (PMI) falling to 51.6 from 52.7 in May.

The latest figure marks the slowest expansion in seven months and continues a downward trend that began after the PMI peaked in March. Despite the loss of momentum, the business outlook has strengthened, with confidence among firms hitting its highest point since August 2022.

The June PMI reading, though above the neutral 50.0 threshold that separates expansion from contraction, highlights a cautious mood in Nigeria’s private sector as firms grapple with mixed signals in the economic environment. While demand remains solid and inflationary pressures have softened, challenges in manufacturing, logistics, and infrastructure continue to weigh on overall activity.

Manufacturing Weakness Pulls Down Output Growth

The most significant contributor to the slowdown in overall output came from a sharp drop in manufacturing activity, which contracted notably after showing signs of resilience earlier in the year. Although other sectors such as services and construction continued to grow, the pace of expansion in these areas also slowed in June.

Stanbic IBTC’s Head of Equity Research for West Africa, Muyiwa Oni, noted that “the pace of expansion has slowed for the third consecutive month after peaking in March,” reflecting increasing caution among Nigerian businesses. The June PMI score of 51.6 sits below the 2025 average of 53.1, confirming that the economy is still growing but at a reduced pace.

New Business and Orders Remain Positive but Easing

While output growth softened, new business continued to expand across sectors, albeit at a slower rate. This suggests demand remains present in the economy, though the intensity of that demand has moderated. Firms that reported higher activity pointed to customer acquisitions and successful marketing strategies, but also noted that lingering economic uncertainty has caused some clients to delay spending or scale down purchases.

Amid the cooling pace of activity, businesses are growing more optimistic about the months ahead. The report showed that the future output index—a measure of business expectations—jumped to 83.9 in June from 70.9 in May. This is the highest level of optimism recorded since August 2022.

Respondents linked their optimism to expectations of better access to financing, operational expansion, and improved consumer demand. Several firms said they were planning to ramp up investment and introduce new product lines or services in anticipation of better economic conditions.

Inflation Pressures Continue to Ease

Inflationary pressures, which had dominated economic headlines throughout 2024, showed further signs of easing. Although prices remain elevated by historical standards, June marked the second consecutive month of slower price increases.

Cost inflation for businesses, particularly in raw materials and logistics, has moderated due to more stable exchange rates and improvements in supply chains. While manufacturers still reported sharp rises in input and output prices compared to other sectors, the pace of increase was the slowest seen in over two years.

For consumers, this trend may offer some relief, especially after a year of skyrocketing prices that eroded purchasing power and triggered widespread public discontent. Firms across sectors said they were adjusting to the new cost landscape by streamlining operations and seeking cheaper suppliers to maintain margins without passing too much cost onto customers.

Employment Holds Steady, Purchasing Slows

Employment levels were largely stable in June, with companies maintaining their workforce after a slight reduction in May. Most businesses attributed the decision to stabilize hiring to a cautious outlook and a desire to manage costs while demand conditions remained uncertain.

Purchasing activity, however, mirrored the broader slowdown in output. Although businesses continued to acquire inputs and stockpile in anticipation of future growth, the pace of purchasing slowed significantly. Respondents cited concerns about subdued new orders and the need to manage inventory carefully in an environment where cash flow remains a concern.

Persistent Challenges: Backlogs, Logistics, and Supply Disruptions

Backlogs of work increased for the third month in a row in June, as companies struggled with uncompleted orders. Businesses reported that material shortages, erratic power supply, delayed customer payments, and inefficiencies in the transport network were major causes of delays in completing projects or delivering goods.

Some firms also flagged persistent logistical bottlenecks as a key impediment. Road infrastructure issues and supplier delivery delays were frequently mentioned, contributing to the slow pace of work clearance.

In contrast to earlier months where supplier delivery times had improved, June recorded no significant change in delivery efficiency. This marks a pause in the progress that had been seen since March 2023 in shortening lead times, with businesses noting that they were again grappling with unpredictability in input arrival schedules.

Outlook: Growth Still on Track but Fragile

While June’s PMI data indicates that Nigeria’s private sector is still in positive territory, the underlying fragility of that growth cannot be overlooked. A weakening manufacturing sector, persistent power issues, and uncertain demand could weigh heavily in the coming months if not addressed.

However, the marked jump in business confidence offers a promising counterbalance. If expectations of improved financing and macroeconomic stability materialize, businesses may accelerate hiring, investment, and output in the second half of 2025.

Analysts believe the economy’s ability to maintain positive momentum will hinge on how quickly structural issues—particularly around infrastructure, energy, and financing—can be resolved.

Huawei Open-Sources Pangu AI Models to Bolster Global Reach, Following DeepSeek’s Strategic Blueprint

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Huawei has open-sourced two of its artificial intelligence models under its Pangu series, marking a significant step in the Chinese tech giant’s bid to strengthen its global AI footprint.

The company also released some of its model reasoning technology, in a move experts say is central to Huawei’s wider plan to build out its AI ecosystem and accelerate international adoption of its products.

The announcement, made Monday, reflects an intensifying open-source drive within China’s AI industry—one that has gained momentum since DeepSeek set the precedent with the release of its DeepSeek-V2 and DeepSeek-Coder models earlier this year. The strategy is seen as a way for China’s top AI firms to work around U.S.-led chip export restrictions and geopolitical barriers while courting global developers and institutions.

Huawei said its open-source initiative supports the broader “Ascend ecosystem strategy,” designed to encourage the use of its AI models and chips in “thousands of industries.” Pangu, which had previously been applied to weather prediction, pharmaceuticals, and logistics, is now being positioned as a scalable foundation model that global partners can deploy, tweak, and integrate across critical sectors.

The move comes as the company, still under heavy U.S. sanctions, accelerates its pivot from a hardware-focused telecoms firm into a vertically integrated AI powerhouse. Analysts say Huawei is now targeting every layer of the AI value chain—from chips to data centers, to open-source software and model deployment.

With American chipmaker Nvidia barred from exporting its most advanced AI chips to China, Huawei’s Ascend chip series has become Beijing’s best hope for a domestic AI accelerator platform. The coupling of Pangu’s open-source code with Ascend chips is meant to drive demand for Huawei’s broader AI infrastructure, similar to the way Google has aligned its open-source Gemma models with its custom Tensor Processing Units (TPUs).

“Huawei is not as strong as companies like DeepSeek and Baidu at the overall software level – but it doesn’t need to be,” said Marc Einstein, research director at Counterpoint Research.

“Its objective is to ultimately use open source products to drive hardware sales, which is a completely different model from others. It also collaborates with DeepSeek, Baidu and others and will continue to do so,” he added.

DeepSeek Set the Precedent

Huawei’s open-source push builds directly on the path carved by DeepSeek, a rival Chinese AI company that has taken the global community by storm with its free and modifiable language models. DeepSeek’s decision to release its models under liberal licenses has helped it break through internationally, particularly in regions where high licensing costs or Western export restrictions have made U.S. models less viable.

Experts say DeepSeek’s success provided Huawei with a roadmap: leverage open access to build market share, gather global user feedback to improve models, and use that momentum to drive hardware and infrastructure adoption.

Pangu being available in an open-source manner allows developers and businesses to test the models and customize them for their needs, said Lian Jye Su, chief analyst at Omdia.

“The move is expected to incentivize the use of other Huawei products,” he added.

Other Chinese AI companies have adopted the strategy. Baidu has announced a decision to make its Ernie generative AI large language model open source.

Huawei appears to be taking that strategy further by targeting vertical AI applications, rather than general-purpose chatbots. Pangu models are optimized for high-stakes, high-volume tasks such as pharmaceutical simulations, financial modeling, and industrial process management—areas where transparency, customizability, and infrastructure control matter more than broad conversational capabilities.

Global Push, Local Advantage

Huawei’s announcement invited developers, researchers, and corporate partners around the world to experiment with the new open-source models. While this may be a gesture of outreach to the global open-source community, it is also a calculated geopolitical move. By distributing its models freely, Huawei sidesteps Western control over cloud infrastructure and model licensing while giving emerging markets access to advanced AI without the costs associated with American platforms.

“Open-source strategy will resonate well in developing countries where enterprises are more price-sensitive, just like Huawei’s other telecom products have,” Einstein noted.

This could help Huawei replicate the success it had with its 5G infrastructure, which gained wide adoption in Asia, Africa, and parts of the Middle East despite ongoing U.S. resistance.

This outreach is paired with the company’s effort to bring its AI data center solutions to new international markets. Countries across Southeast Asia, Africa, and Latin America—long-time clients of Huawei’s telecom division—are being targeted as key partners in the next phase of the company’s global expansion.

However, the true strength of Huawei’s open-source approach lies in its vertically integrated strategy. Unlike many AI companies that license their models through API access alone, Huawei offers an entire stack: Ascend chips, hardware accelerators, development platforms, data storage, and now the model code itself.

This integration allows the company to control the performance pipeline from silicon to application—enabling it to outperform rivals in sectors like energy management, healthcare diagnostics, and logistics optimization. Analysts say that while Huawei may lag in large-scale chatbot development compared to Baidu or DeepSeek, it is staking a leadership claim in applied, enterprise AI.

It’s a model that mirrors Google’s playbook which offers free models to promote internal chip and cloud adoption. The idea is to create lock-in not through control, but through comprehensive utility.

BJMining Cloud Mining – Locking in Steady Profits for Users in the Rising Wave of Dogecoin (DOGE)

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In the recent recovery of the cryptocurrency market, Dogecoin (DOGE) has once again stepped into the spotlight. According to CoinMarketCap data, DOGE has rebounded from $0.122 in mid-June to $0.129, an increase of nearly 6%, with a 24-hour trading volume of over $600 million. The popularity of topics on social platforms has soared, and whale addresses have frequently increased their holdings, further driving the market’s optimistic expectations for DOGE’s future trends. Under the dominance of this sentiment, more and more retail investors, especially users from platforms such as Robinhood and Coinbase, have begun to turn their attention to a more stable way of income – cloud mining.

Compared with the uncertainty of high-frequency trading, cloud mining has the advantages of “low volatility, high certainty, and low threshold”, and has become a new trend for current DOGE holders to deploy passive income. Among many platforms, BJMining has become the preferred cloud mining service provider for DOGE holders with its global green mines, AI scheduling mechanism and all-weather income distribution system.

Why choose BJMining?

  • New users will receive a $15 bonus upon registration, allowing them to experience cloud mining at zero cost;
  • No mining machines or maintenance required, the contract can be started with one click and the income can be settled daily;
  • AI intelligent scheduling + green energy, computing power online rate 99.9%, zero carbon footprint of electricity consumption;
  • McAfee® + Cloudflare® dual security protection, platform assets are insured by AIG;
  • 0 management fee + 0 hidden fee, the revenue chain is traceable, transparent and clear;
  • Supports multi-currency withdrawals, including BTC, USDT, DOGE, ETH, XRP, etc., to wallets within seconds;
  • Invitation rebate mechanism: 3% for direct referrals and 2% for indirect referrals, with no upper limit on earnings.

Market trends verify value

  • DOGE has recently risen by about 5%, reflecting the continued fermentation of social media and the recovery of mainstream assets;
  • Exchange data shows that large investors continued to buy DOGE in the last two weeks of June, indicating that the market is optimistic about its future trend;
  • At the same time, traditional spot traders are paying more and more attention to the stable cash flow and pressure relief mechanism brought by cloud mining.

Product highlights at a glance

Contract Plan Amount Time Total Proceeds at Maturity
WhatsMiner M50S+ $100 2 days $100 + $6
WhatsMiner M60S++ $600 7 days $600 + $52.50
Avalon Miner A1566 $1,200 15 days $1,200 + $234
WhatsMiner M66S+ $5,800 30 days $5,800 + $2,610
Antminer L7 $12,000 40 days $12,000 + $8,160
Antminer S21e XP Hyd $27,000 45 days $27,000 + $21,870

Note: All contracts take effect immediately and are automatically settled daily. You can withdraw or reinvest at any time to achieve compound interest growth.

One-click participation guide: three steps to start

  1. Visit the official website, complete the registration using your email address and receive a $15 new member bonus;
  2. Select the contract, deposit BTC or supported currencies, and buy immediately;
  3. Sit back and enjoy the benefits, with dividends credited daily, and support for one-click withdrawal or reinvestment upgrades.

Summary and suggestions

In the face of the current volatile market of popular currencies, cloud mining provides investors with a “light asset, low risk, and continuous passive” value-added solution. BJMining, with its green energy layout, AI scheduling mechanism and highly transparent operation system, provides users with a safe and efficient cloud mining entrance, and is an innovative choice for Robinhood/Coinbase users to achieve passive income.

Welcome to the official website for more details and start your smart mining journey!

https://bjmining.com
If you have any questions, please contact us: info@bjmining.com

Coinbase soars to the highest price since listing on Nasdaq! CEO: Cryptocurrency cloud mining is an indispensable part of the investment industry

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Last week, Coinbase CEO Brian Armstrong pointed out on his X platform that in the face of the current situation of surging global debt, rampant inflation and declining economic freedom, the world needs cryptocurrency cloud mining more than ever before. Now is the time to expand global economic freedom through cloud mining.

BTCMiner platform is the safest and most focused cloud mining platform in the entire network. The advantages are as follows

1: Register and get $500

2: BTCMiner’s FCA-certified platform will be subject to regular audits and supervision by the FCA

3: The biggest advantage of the principal and interest guarantee contract is that it can lock in the principal and income. Investors can still ensure that the principal and income are safely received in the case of market uncertainty

4: The platform uses an intelligent scheduling system to reduce unnecessary energy waste through real-time monitoring and dynamic adjustment of computing resources.

How to join BTCMiner?

1: Go to the official website to fill in the email address and set the login password to create an account: https://btcminer.net

2: Complete the registration and directly purchase a $500 trial contract. This contract can be ordered once a day

3: Select the contract, place an order with one click, and complete the contract. The profit will be automatically settled once every 24 hours, and you can view it in real time.

How is the profit of BTCMiner? The figure below shows

BTCMiner invitation reward, you can share the exclusive link on social media, and you can make money while lying down.

Level 1 reward 7%, level 2 reward 2%, real-time payment.

BTCMiner summary

Cloud mining is a new way of cryptocurrency investment. With its low threshold, low cost, and automated management advantages

Cloud mining has a very broad prospect. The platform will further optimize the resource allocation of mining machines and improve mining efficiency

Get $500 immediately and join the ranks of financial freedom

Official website address: https://btcminer.net

Official email: info@btcminer.net