SpeedHost247 has completed the acquisition of HostNaira in a move aimed at increasing access to reliable and affordable web hosting across Nigeria. The financial details of the transaction were not disclosed.
Nigeria’s digital economy is growing rapidly, but many businesses, startups and content creators still face challenges with slow servers, unstable uptime, limited local support, and high costs. These issues have slowed innovation and led many Nigerian companies to rely on foreign hosting providers, resulting in delays and service gaps.
The acquisition is designed to address these challenges. HostNaira will now operate under the SpeedHost247 ecosystem, benefiting from its network, hardware, security systems, and hosting technologies. Customers will receive improved service while continuing to access localised support and pricing tailored for the Nigerian market.
Saintz Vincent, Co-Founder and Senior Software Engineer at SpeedHost247, said, “Nigeria has talent, ideas and demand, but the hosting infrastructure has not always kept up. By acquiring HostNaira, we are combining local market understanding with global-grade infrastructure. This allows us to deliver faster websites, stronger uptime, better security and pricing that works for Nigerian businesses. Our goal is simple: remove the technical barriers and let innovation thrive.”
Under the new structure, HostNaira will maintain its focus on local customers while using SpeedHost247’s infrastructure. This includes optimised servers, advanced monitoring systems, smart resource allocation, and cloud-ready solutions. The setup aims to maintain consistent performance while keeping services affordable for startups, SMEs, developers and online entrepreneurs.
The acquisition also enables SpeedHost247 to introduce new services across Nigeria. These include faster shared hosting, developer-focused environments, expanded reseller programmes, and improved customer support. By reducing reliance on poorly optimised hosting setups, the company intends to raise the overall standard of web hosting performance in the country.
Existing HostNaira customers are expected to experience a smooth transition, with service continuity, faster performance, and access to more features, without sudden price increases. The focus will remain on long-term growth, reliability, and value for Nigerian digital businesses.
The acquisition reflects SpeedHost247’s ongoing commitment to Nigeria’s technology ecosystem. The company aims to provide hosting solutions that are accessible, secure and built for growth, supporting the development of local digital businesses.
