Newsroom
ipNX, Nigeria’s leading ICT company has joined stakeholders to highlight the importance of continued investment in fibre infrastructure, local data hosting, and increased internet traffic exchange within Nigeria as key drivers of a resilient and inclusive digital economy.
Speaking as part of a panel titled, “Powering the Digital Economy: Infrastructure, Finance, and Scale,” at the Duale, Ovia & Alex-Adedipe(DOA) Business Series 2026 earlier in June at the Civic Centre, Lagos, ipNX’s Chief Technology Architect, Oluwaseun Oluboyo, emphasized that the reliability and sustainability of digital services depend on strengthening the country’s digital infrastructure and reducing dependence on foreign-hosted resources.
Oluboyo noted that as digital services become increasingly embedded in everyday life, network disruptions caused by fibre cuts, infrastructure failures, or service outages can have significant consequences for individuals, businesses, and the broader economy.
“Digital services have become essential to how we work, communicate, learn, and transact. Ensuring their reliability requires sustained investment in robust infrastructure and resilient networks,” he said.
According to Oluboyo, one of Nigeria’s biggest opportunities lies in advancing digital sovereignty through the local hosting of digital services and content. He explained that many of the cloud-based applications and services used daily by Nigerians are hosted outside the country, creating avoidable latency and limiting the ability to optimize user experience.
“When services, applications, and content are hosted closer to users, response times improve significantly, network efficiency increases, and service providers gain greater control over the quality of experience,” he stated.
While acknowledging progress made through internet exchange points and content caching infrastructure deployed by global technology companies, Oluboyo said there remains significant room for growth in local traffic exchange and digital infrastructure development.
He also emphasized that bridging Nigeria’s digital divide must remain a national priority. While satellite and microwave technologies can help extend connectivity to underserved and remote communities, fibre infrastructure remains the most sustainable long-term solution for delivering the bandwidth and reliability required to support future digital demand.
In this regard, he lauded the Project BRIDGE initiative, describing it as an important step toward extending high-quality connectivity to more communities nationwide and creating opportunities for greater participation in the digital economy.
The discussion formed part of a broader conversation at the DOA Business Series 2026, an annual event where industry leaders, policymakers, and stakeholders examined the infrastructure, financing, power, regulatory, and policy challenges affecting Nigeria’s digital transformation journey.
Oluboyo concluded by calling for stronger collaboration and accountability across the public and private sectors to ensure that discussions translate into measurable progress.
“As stakeholders, we must continue to evaluate our progress, strengthen collaboration, and take practical steps that will expand connectivity, improve digital access, and unlock the full potential of Nigeria’s digital economy,” he said.
As Nigeria’s leading technology and connectivity provider, ipNX remains committed to investing in digital infrastructure that supports reliable broadband access, promotes digital inclusion, and enables the country’s transition to a more connected and competitive digital future.
