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How rollout of 5G connections will impact different industries in Nigeria

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MTN Nigeria has finally turned on its 5G mobile connection services in 190 sites across West Africa including Nigeria. Since its rollout, mobile users have been reporting internet speeds greater than 1.4 GB per second.

The National Communication Commission was the one to announce that 5G will be available in the country on August 24 after preparing with the Federal Government for almost three years. It’s known that South Africa already has 5G since 2019 with Rain, so this was already due for a few years now in the Western part of the continent.

With the availability of 5G in Nigeria, how would this impact the different local industries? From being able to access different online services like USA casinos 24/7 and getting a smoother streaming experience, to the county’s socio-economic ecosystem, we’ll be taking a look at all of them. Let’s dive right into that, shall we?

Entertainment Industry

5G is quite revolutionary for the entertainment industry in Nigeria. This will enable so many internet activities and services to perform better. For example, with 5G, streaming services offered by Netflix and other companies will improve.

This could motivate more people to get online streaming subscriptions as they can finally get their money’s worth. That said, we’ll likely see more streaming services available in Nigeria in the coming months or years.

Aside from video streaming, gaming will also drastically improve. A strong connection can give online gamers a lag-free experience. This is especially the case for mobile gaming. Even PC and Consoles can efficiently perform when used for online gaming even if they connect to mobile hotspots.

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Besides regular video games, online real money games will also most likely see a significant increase. That said, might show interest in playing at casinos listed on websites like casino whizz. Online casino players will simply encounter fewer connectivity problems, which could make them trust online casinos better.

Nigeria’s Socio-Economic Ecosystem

Peter Olusoji Ogundele, Ericsson Nigeria’s country manager, recently spoke with This Day Live about the other possible effects of 5G in the country including its socio-economic ecosystem.

When asked about the impact of 5G in Nigeria, Ogundele said, “The adoption and rollout of 5G networks will significantly boost Nigeria’s socio-economic ecosystem. Possessing low latency and high capacity, 5G will propel the nation’s ambitions for smart city development, smart transportation, and digitalized healthcare while also boosting industrial automation across the nation.”

He explained that digital technologies powered by 5G like Artificial Intelligence (AI) and the Internet of Things (IoT) will simply help the nation realize other digital development agendas.

He said, “Information and Communications Technology (ICT) has long played an important role in social inclusion, improving employment outcomes, and enabling greater access to education and skills acquisition.

“As the government rolls out 5G in the country we are confident it will lead to inclusive growth and allow large sections of Nigerian society to contribute to the country’s economy.”

He was also able to talk about how some people in the country see that 5G will cause more harm instead because of its electromagnetic wave. Ogundele said that this thought has no substantial evidence.

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He explained, “…expert groups and public health authorities including the World Health Organization (WHO) have done thorough reviews of available scientific studies and have concluded that the balance of evidence does not demonstrate any health effects associated with radio wave exposure from either mobile phones or radio base stations complying with international limits.

“I also feel it is important to emphasize that 5G equipment, whether it be mobile devices or base stations, meets the same safety standards as the equipment used in current networks.”

MTN Group’s Take on 5G Connectivity

The CEO of MTN Group also spoke about how 5G can bring in more opportunities and that it’s an exciting time indeed. CEO Ralph Mupita said, “What is exciting for us are the industrial applications that come with 5G, the ability for companies to use high tech in how they run businesses. People talk about web 3.0, the metaverse. 5G enables a lot of that.”

Mupita also emphasized that they are continuously working to ensure that they get to deliver secure frequencies throughout its market – not just in Nigeria.

He said, “We are arranging ourselves to be able to secure the frequencies across markets, there is a multiband auction in South Africa that we will participate in, and other markets will be calling. In the next couple of years, we will arrange to have the 5G frequencies and then build out the ecosystem.”

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Elon Musk unveils new name, logo for Twitter

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Popular microblogging app, Twitter has unveiled its new logo.

The new logo was made public by Twitter owner Elon Musk and its new CEO.

The social media app on Sunday hinted that it would ditch its bird logo, be rebranded with the name X and move quickly into payments, banking and commerce, according to AFP.

Founded in 2006, Twitter takes its name from the sound of birds chattering, and it has used avian branding since its early days, when the company bought a stock symbol of a light blue bird for $15, according to the design website Creative Bloq.

Tweeting a picture of the company’s new logo – a white X on a black background – late Sunday night, Twitter chief executive Linda Yaccarino said “X is here! Let’s do this.”

Also late Sunday night, Musk changed his profile picture to the company’s new logo, which he described as “minimalist art deco,” and changed his Twitter bio to “X.com,” which now redirects to twitter.com.

Musk had earlier tweeted that “If a good enough X logo is posted tonight, we’ll make (it) go live worldwide tomorrow.”

Musk also tweeted that under the site’s new identity, a post would be called “an X.”

The changes were not visible on the website as of 0630 GMT Monday.

Musk had already named Twitter’s parent company the X Corporation, and previously said his takeover of the social media giant was “an accelerant to creating X, the everything app” — a reference to the X.com company he founded in 1999, a later version of which went on to become payments giant PayPal.

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Such an app could still function as a social media platform, and also include messaging and mobile payments.

“Powered by AI, X will connect us in ways we’re just beginning to imagine,” Yaccarino tweeted earlier on Sunday.

Yaccarino, an advertising sales executive at NBCUniversal who Musk poached last month to become Twitter’s CEO, said the social media platform was on the cusp of broadening its scope.

“X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities,” Yaccarino tweeted.

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Binance CEO declares ‘Binance Nigeria Limited scam entity’

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The Chief Executive Officer of Binance, Changpeng Zhao, has declared Nigeris’s subsidiary of the global cryptocurrency exchange platform as a scam.

Zhao made this known via his Twitter handle on Sunday, saying, “Binance Nigeria Limited a scam entity.”

“Binance has issued cease & desist notice to the scammer entity “Binance Nigeria Limited”. Don’t believe everything you read in the news,” he wrote.

The Securities and Exchange Commission of Nigeria had declared that Binance Nigeria was operating illegally in the country as it is not registered or regulated by the SEC.

Details later…

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Jack Dorsey launches Twitter alternative ‘Bluesky’ on Android

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Co-founder and former Chief Executive Officer (CEO) of Twitter, Jack Dorsey has launched a new application called ‘Bluesky’ on Android, a few hours after losing his verification badge on the microblogging platform.

According to the app’s website, the “social internet” of the future will give users more options and creators “independence from platforms”.

However, the app is still under development and may only be accessed with an invite code.

“We’re building the AT Protocol, a new foundation for social networking which gives creators independence from platforms, developers the freedom to build, and users a choice in their experience,” the website stated.

Using financing from Twitter, Mr Dorsey started developing Bluesky as a side project in 2019. In late February, it was first rolled out to iOS users.

As per TechCrunch, the basic features for monitoring likes or bookmarks, modifying tweets, quote-tweeting, direct messages and using hashtags, which are available on Twitter are not present in Bluesky at launch. This will make the app a more streamlined version of Twitter than what it initially appeared to be.

Additionally, it’s incorporating decentralisation into its own protocol, the AT Protocol, rather than adding to the work already done on ActivityPub, the protocol powering Mastodon, an open-source Twitter alternative and a variety of other decentralised apps in the larger “Fediverse”, the term for these connected servers hosting free, open-source web publishing software, as per the outlet.

The demand for the application has been growing and has 20,000 active users currently.

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