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Nokia Collaborates With Swisscom Broadcast To Deploy Largest Drones-as-a-Service Network

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Finnish multinational telecommunications company Nokia has launched a partnership with Swisscom to deploy a nationwide Drones-as-a-Service network across Switzerland.

300 Nokia Drone-in-a-Box units are planned for deployment to enable emergency response, perimeter protection and infrastructure inspection, which will help keep public safety workers safe.

This will be the second nationwide Nokia Drone Networks project after Belgium’s Citymesh deployment. It will support Switzerland’s public safety and Industry 4.0 efforts and highlight Nokia’s strength in modernizing digital infrastructure projects and utilizing mission-critical industrial edge computing (MXIE) with the support of 3GPP technologies for beyond visual line of sight (BVLOS) autonomous operation.

In addition to increasing first responders’ safety, drones support resource optimization and help to save the lives of those involved in incidents. The drones, which are operated remotely, gather relevant information within the first minutes following an emergency, enhancing first responders’ situational awareness.

Public safety agencies in Switzerland will easily tap into the nationwide drone network by simply requesting a drone flight, similar to a ride-sharing service, from Swisscom Broadcast. They will also be backed up by a service portfolio with expertise, compliance, data collection and analysis of the collected data from Nokia and Swisscom Broadcast.

The deployment is expected to be available in all areas of Switzerland. Nokia and Swisscom will continue cooperating with competent regulatory bodies to ensure all operations comply with regulatory frameworks, especially from spectrum and aviation safety standpoints.

The deployment will facilitate reliable Drone-as-a-Service operations at scale in Switzerland with Nokia Drone Networks, a turnkey Drone-in-a-Box solution that integrates the drone, a docking station, a ground control station, a payload with video and thermal cameras, related software, and service components. The solution also supports interfaces and APIs for easy third-party integrations, such as traffic monitoring systems, video management software, dispatch solutions, and industrial inspection and process monitoring systems.

This collaboration with Swisscom Broadcast will also enable the advancement of industrial use cases, automation, beyond visual line of sight (BVLOS) operations, and the expansion of 3GPP technologies for drone use in Switzerland.

Dominik Müller, CEO at Swisscom Broadcast, said: “We are pleased to select Nokia as a partner for this important infrastructure project in Switzerland. Together, we can speed up the go-to-market of our Drones-as-a-Service offering to our customers in the industrial and public safety landscape in Switzerland. The integration of our existing People Density Tool and our Drone Operations expertise with Nokia’s industrial grade hardware in combination with an open and future proof Software architecture is an important key to support such large-scale projects.”

Raghav Sahgal, President of Cloud and Network Services at Nokia, said: “We are proud to partner with Swisscom Broadcast, a true innovator in drones-as-a-services operation, for this important project to establish a nationwide Drone-as-a-Service network in Switzerland. Nokia Drone Networks solution enables large-scale projects as it incorporates our mission-critical industrial edge (MXIE) technology to power its advanced computing functions and software. It will undoubtedly help Swiss enterprises gain access to a superior Drones-as-a-Service offering to enhance worker and public safety.

 

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Business

CBN Restores BDC Access to FX Market, Caps Weekly Purchases at $150,000

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By Huldah Shado

The Central Bank of Nigeria (CBN), has approved the participation of licensed Bureau De Change (BDC), operators in the Nigerian Foreign Exchange Market (NFEM), allowing each BDC to purchase up to $150,000 weekly.

The approval was contained in a circular dated February 10, 2026, signed by the Director of the Trade and Exchange Department, Dr. Musa Nakorji, and addressed to authorised dealer banks and the general public.

The CBN said the move is aimed at improving foreign exchange liquidity in the retail segment of the market and meeting the legitimate needs of end users, amid a widening gap between the official and parallel market exchange rates.

Under the new arrangement, licensed BDCs can access foreign exchange from the NFEM through any authorised dealer bank of their choice at the prevailing exchange rate.

The apex bank directed banks to carry out full Know-Your-Customer (KYC), and due diligence checks on BDC clients before selling foreign exchange to them.

It also imposed reporting and transparency requirements, mandating BDCs to submit returns electronically to the CBN.

In addition, the bank prohibited third-party transactions and limited cash settlement to a maximum of 25 per cent of each transaction.

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Abuja Reports

Ultraviolet MFB MD Visits Equity Circle, Eyes Strategic Partnership

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By Samson Adeyanju 

The Managing Director and Chief Executive Officer of Ultraviolet Microfinance Bank, Bayonle Omoyele, has paid a working visit to Equity Circle, one of Abuja’s fast-growing real estate companies, as part of efforts to strengthen strategic partnerships within Nigeria’s real estate sector.

During the visit, Equity Circle’s Co-Founder and Chief Marketing Officer, Fabian George, conducted Omoyele on a tour of the company’s facilities and outlined its growth trajectory.

He disclosed that the firm recorded significant milestones over the past four years, culminating in an ₦8 billion revenue in the 2025 financial year.

Discussions between both parties focused on establishing a strategic credit relationship, with proposed areas of collaboration including invoice discounting, structured credit solutions, and cash-flow management support to help Equity Circle sustain and scale its operations.

Addressing Equity Circle staff during an interactive session, Omoyele emphasised the importance of strong marketing fundamentals, highlighting the 4Ps of marketing-Product, Price, Place, and Promotion, as key drivers of long-term competitiveness and brand leadership.

He also urged the team to adopt a long-term growth mindset, remain focused, and ensure that every unit contributes meaningfully to the organisation’s strategic goals, noting that disciplined execution is critical in Nigeria’s evolving real estate market.

The visit underscores Ultraviolet Microfinance Bank’s commitment to supporting high-growth enterprises through tailored financial solutions and partnerships that promote sustainable economic development.

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Business

Moniepoint Strengthens Africa’s Tech Talent Pipeline with DreamDevs Cohort 2

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By Omoniyi David

Moniepoint Inc has reaffirmed its commitment to building Africa’s technology talent pipeline, announcing the opening of applications for the second cohort of its flagship DreamDevs initiative.

Co-Founder and CTO Felix Ike described DreamDevs as a programme that equips recent graduates with industry-ready skills and hands-on experience to bridge the continent’s tech talent gap.

“The success of our first cohort validated that Africa’s young tech talent can compete globally. This year, we aim to convert half of our participants into full-time employees,” Ike said, adding that the initiative creates sustainable career pathways that drive Africa’s digital economy.

DreamDevs complements Moniepoint’s other talent development programmes, including HatchDev, in collaboration with NITHub, University of Lagos, which trains about 500 specialised developers annually, and the Women-in-Tech programme, now in its fifth year.

The initiative also aligns with the Federal Government’s 3 Million Technical Talent (3MTT), programme, with Moniepoint serving as a key sponsor, offering graduates a specialised pathway from training to employment.

DreamDevs underscores Moniepoint’s broader mission to leverage technology to empower Africa’s youth and advance the continent’s digital economy.

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