Privately owned Glo, headquartered in the US, was founded in 2008 and employs approximately 340 individuals. The company specializes in wellness and fitness services, operating as an online platform for yoga, meditation, and pilates.
On May 26, 2026, Glo and Airtel restored emergency airtime lending services to Nigerian telecommunications subscribers. This decision followed the Federal Competition and Consumer Protection Commission (FCCPC) suspending its controversial Digital Electronic Online or Non-Traditional Consumer Lending (DEON) Regulations 2025, in adherence to a Federal High Court order. Previously, on April 23, 2026, the Nigerian Communications Commission (NCC) mandated Glo, alongside MTN, Airtel, and 9mobile, to automatically detect network failures in local government areas and credit affected subscribers with airtime compensation. This followed news from April 22, 2026, that Glo, MTN, and Airtel were projected to lose over N300 billion in revenue as the FCCPC approved new airtime and data lenders.
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