BREAKING! Telecoms Investment in Nigeria Now $75.6bn, Danbatta Declares
Sector added N10.126 trillion to GDP in 2022 The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has officially announced that the investment profile…
Nigerian Government Removes Excess Duty for Telecom Services
The Nigerian Government has announced the removal of excise duty for telecom sub-sector of Nigeria’s Digital Economy Industry in line with the recommendations of the Committee it constituted to review…
5G Rollout in Nigeria’s Telecom Sector Rises by 129 Percent
The data importation report from the Central Bank of Nigeria, CBN has revealed that from January to November 2022, the launch of 5G in Nigeria increased the country’s foreign investment in…
Telecom Subscribers Sue FG Over Tax
Telecommunication consumers under the aegis of the National Association of Telecoms Subscribers have dragged the Federal Government to court over its plan to implement a five per cent excise duty…
Nigeria’s Telecoms Industry GDP Contribution Drops by 3.85%
The contribution of Nigeria’s telecoms industry contribution to the nation’s Gross Domestic Production (GDP), has suddenly crashed from 15.00% in the second quarter of 2022 to 12.85% in third quarter…
Telecom Operators Threaten to Withdraw USSD Services from Banks as Over Alleged N80 Billion Debt
Nigerian telecom operators are set for a showdown with banks over the latter’s refusal to pay off accumulated debts from the usage of the Unstructured Supplementary Service Data (USSD) which has risen…
Nigerian Telecom Subscription Hits 214 Million in 10 Months
New data from the Nigerian Communications Commission, NCC has shown that the number of active telecommunication subscribers in Nigeria increased to 214.35 million in October. This represents an increase of 14.35…
US Charges Alleged Chinese Spies in Telecoms Probe Case
Two Chinese nationals have been charged with paying thousands of dollars in cash and jewellery to obstruct a federal investigation into a major telecommunications company. According to prosecutors, the two…
Nigeria Economic Transformation: Telecoms Sector Remains Game Changer
The Information and Communications Technology (ICT) sector, no doubt, has the potential and capacity to transform the Nigerian economy and make it competitive with the global economy in today’s digital…
Telecom Operators to Withdraw Services to Banks Over Unpaid Debts
Telecommunications operators are threatening to withdraw their services to banks and other financial institutions in the country due to the unwillingness of the banks to pay their debts owned to…
Danbatta Commends Nigeria’s Media for Telecoms Industry Growth
The Executive Vice Chairman of the Nigerian Communications Commission, Professor Umar Danbatta, has said that the level of awareness of the potentials of telecommunications products and services is a credit…
Telecoms Top List, As 40 NGX Companies Record N6.78 Trillion Revenue in 2022
40 companies listed in the Nigerian Stock Exchange, NGX have defied the domestic and global macroeconomic challenges to announce a combined revenue of N6.78 trillion in H1, 2022 with the…
U-Turn! Nigerian Govt Suspends Proposed Tax On Telecom Services
The Nigerian Government has Suspended the implementation of 5% excise duty on telecoms. The Minister of Communications and Digital Economy, Professor Isa Pantami disclosed this during the inauguration of the…
MTN Group Redeems $300 Million Eurobonds Ahead of 2024 maturity
The $300 million is part of MTN Group’s $750 million Eurobonds which is due to mature in November 2024. The telco recently invited holders interested in an early redemption to…
NCC Raises Alarm Over Destruction of 50,000 Telecom Infrastructure
Over 50,000 cases of major destruction to telecom infrastructure and facilities have been reported across the country in the past five years, raising alarm over the implication of these incidents…
MTN Mulls Acquisition of Rival, Telkom
MTN Group and Telkom recently announced that early-stage acquisition talks were ongoing. They also fore-warned stakeholders that there were no guarantees these talks would yield a deal. But Telkom’s CEO…
9mobile Launches New Data Plan to Offer Massive Voice & Data Bonuses
Nigeria’s telecom service provider and youth-friendly brand, 9mobile, has announced the launch of 9Konfam, a tariff plan that rewards customers with generous airtime and data benefits upon SIM activation, and…
New Book Reveals How Atiku, Joda, Ndukwe Saved 2001 GSM License Auction
Expectations were high on January 19, 2001, the day scheduled for the GSM auction technically referred to as the Digital Mobile License auction. NCC officials, observers, and accredited journalists were…
Africa’s Mobile Data Traffic Growth Doubles in Two Years
Mobile data traffic in Sub-Saharan Africa, like the rest of the world will maintain an upward trajectory, as mobile broadband-capable devices become more accessible. For markets like SA and Kenya,…
Local Content: Nigeria Communications Commission Empowers Four Startups With N20m Grant
The Nigerian Communications Commission (NCC) has awarded N20 million grant to four deserving Nigerian tech startups in furtherance of its commitment to encourage development of new indigenous technologies and contents,…