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Telecom giant invests in Nigeria’s new business hub, builds West Africa’s largest Tier 4 data centre.
MTN Nigeria, the country’s largest telecom operator, has announced plans to establish its new corporate headquarters in Eko Atlantic City, joining a growing list of multinational corporations investing in the emerging business and financial hub.
This development follows FirstBank of Nigeria’s ongoing construction of a 40-story, green-certified headquarters, which is set to become Nigeria’s tallest building. The move underscores Eko Atlantic’s rapid rise as Nigeria’s premier business district, attracting major players from banking, oil and gas, telecommunications, and media.
According to MTN Nigeria CEO Karl Toriola, the new headquarters represents a long-term commitment to Lagos beyond providing connectivity.
“Lagos is the heartbeat of Nigeria’s economy, and Eko Atlantic is shaping up to be the epicenter of corporate and financial activities. Our decision to establish our headquarters here aligns with our vision of long-term investment in Nigeria’s future.”
Eko Atlantic: Nigeria’s Emerging ‘Dubai’
Originally launched in 2008, Eko Atlantic City is a 10-square-kilometer coastal development designed to be a world-class financial and commercial hub.
Several multinational corporations are already relocating to Eko Atlantic, including:
- FirstBank of Nigeria – Constructing a 40-story skyscraper, Nigeria’s tallest tower.
- Shell – Expanding corporate presence in the city.
- TVC Communications – Among the growing list of media firms relocating.
- Other major corporations actively acquiring space in the new city.
MTN Nigeria becomes the first telecom operator to invest in the rapidly expanding district, setting a precedent for the industry.
“Eko Atlantic City is designed to be a global business destination, and its ability to attract leading corporations demonstrates its potential as Nigeria’s own version of Dubai,” Toriola added.
MTN Nigeria’s Tier 4 Data Center: Boosting Nigeria’s Digital Economy
Beyond its headquarters, MTN Nigeria is constructing the largest Tier 4 data center in West Africa.
- Capacity: 1,500 racks
- ]Carrier-neutral facility: Enabling seamless interconnection between multiple ISPs and cloud service providers
- Impact: Strengthens Nigeria’s role as a digital hub for West Africa
Toriola emphasized that the facility will be the most advanced data hub in the region, further positioning Nigeria as a leader in technology and digital transformation.
“This facility will redefine Nigeria’s cloud and data hosting capabilities, attracting global and local enterprises while enhancing data security and connectivity.”
MyLagosApp: Smart City Services for Lagos Residents
MTN Nigeria’s expansion aligns with its broader vision of enhancing digital transformation in Lagos.
During the recent launch of MyLagosApp, a digital platform aimed at improving access to city services, Toriola reiterated MTN’s commitment to supporting smart city initiatives in Nigeria’s commercial capital.
“MTN is not just a telecom provider; we are a technology enabler. Our goal is to integrate connectivity with smart solutions that make life easier for residents and businesses.”
Why MTN Nigeria’s Move to Eko Atlantic Matters
- Signifies confidence in Nigeria’s economy and business environment
- Accelerates Eko Atlantic’s emergence as a financial and technology hub
- Enhances Lagos’ attractiveness to global investors
Strengthens Nigeria’s digital infrastructure with a world-class data center - Positions Lagos as a smart city through digital solutions
Strategic Leap Toward Nigeria’s Future
MTN Nigeria’s decision to relocate to Eko Atlantic City marks a historic milestone in the evolution of Lagos as a global business and technology hub.
With FirstBank’s skyscraper under construction, Shell expanding operations, and MTN building the region’s largest data center, Eko Atlantic is fast becoming the financial and digital nerve center of Nigeria.
This move reinforces Nigeria’s status as Africa’s top investment destination, paving the way for further economic growth and technological advancement.
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