The journey of Legend Internet Plc to become one of Africa’s biggest home internet service providers and leading technology company’s in Nigeria cannot be celebrated without the vision and legacy of its founders, Bruce Ayonote and Suleiman Arzika. The company made its historic feat as the first Nigerian broadband provider to list on the Nigerian Exchange (NGX), floating two billion ordinary shares at ₦5.64 each under the present management of Aisha Abdulaziz as CEO.
Bruce Ayonote is a technology enthusiast and visionary who co-founded Suburban Fibre Company, owner of Legend Internet, around 1999 on the notch to drive Nigeria’s internet penetration from the Federal Capital Territory to other parts of the country.
He was born on the 15th of April 1974 in Lagos Nigeria, he remains one of the major shareholders and holds over 20 years of International Business experience specializing in telecommunications. He is responsible for driving the group’s advanced technology adoption strategy which has given Suburban its unique advantage in the Telecommunications market.
He is a regular contributor on Entrepreneurship and business forums and is deeply committed to youth development ventures in Nigeria.
Mr. Ayonote holds a Bachelor of Science degree in Politics and Public Administration from the University of Maiduguri and has received the BT Diploma in Telecommunications Management Studies from Hull Business School in the United Kingdom. He is an alumnus of the General Management Program (GMP) at Harvard Business School and has also attended several courses at the London Business School.
Suleiman Arzika is co-founder, major shareholders of Suburban Fibre Company owner of Legend Internet Plc and formerly served as the company’s Chief Operating Officer during its formative years. He brings experience from his over two decades experience in the financial technology industry fostering the startups in Nigeria and across the African continent.
Mr Arzika holds a bachelor of science degree in Business Administration and Management from University of Abuja and professional certifications from internationally reputed academic institutions including Postgraduate Diploma in Telecommunications Management from University of Hull, United Kingdom and General Management Program from Harvard University.
Legend Internet Plc had connected over 10,000 homes via its FTTH network and laid 250,000 metres of fibre cable. These numbers are concentrated in Abuja and Suleja, with a gradual extension toward Lagos and other Nigerian cities.
Financial data supports a growing user base. Despite a slight revenue dip from ₦1.2 billion to ₦1.13 billion, gross profit improved, and administrative expenses increased due to staff expansion and customer operations. The company’s expansion plan aims to connect over 100,000 homes by 2027.