Tag Archives: telecoms sector

Nigeria’s telecommunications industry is experiencing a significant influx of foreign investment, with a remarkable increase in Foreign Direct Investment (FDI) during the first quarter of 2024. According to data from the National Bureau of Statistics (NBS), the sector received a staggering $191.57 million in FDI in Q1 2024. This represents …

Airtel Nigeria has emerged as the dominant force in the country’s telecommunications sector, according to a recent report by the Nigerian Communications Commission (NCC). The NCC data reveals a significant surge in Airtel Nigeria’s market share, reaching a remarkable 29% by the end of March 2024. This impressive growth solidifies …

…As Group Leadership Pays Courtesy Visit to President Bola Tinubu The Group President and CEO of MTN, Ralph Mupita, alongside board members and leadership of MTN Group and MTN Nigeria recently met with President Bola Ahmed Tinubu in a courtesy visit. The team extended their congratulations to President Tinubu on …

The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to the nation’s gross domestic product (GDP), representing 14.13 per cent. Figures released by the National Bureau of Statistics (NBS) showed that the sector recorded …

…As Sector Attracts 15.86% of Nigeria’s Total Foreign Investment Compared to $107.46 million foreign investments attracted in 2021, the telecommunications sector has in 2022 recorded $456.82 million foreign investments, an increase of 325.12%. According to the capital importation data from the National Bureau of Statistics, telecoms sector continued to retain …

The Executive Vice Chairman of the Nigerian Communications Commission, Professor Umar Danbatta, has said the commission has so far identified 72 action points to promote indigenous content policy in the telecoms sector. Danbatta disclosed this in his keynote address at the third edition of Policy Implementation Assisted Forum with the …

The trove of garlands for the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, swelled again as he received “Leadership Excellence and Economic Impact Award”. This time, the honour came from the African Leadership Organisation (ALO), publishers of The African Leadership Magazine. The conferment of …

In an effort to monitor, manage and secure the telecoms sector in the country, the Nigerian Communications Commission (NCC) is planning to deploy a technology solution, Device Management System (DMS) to disconnect stolen and counterfeit phones from all networks in the country. This approach is expected to prevent cell phone …

Segun Okuneye, Divisional CEO at ipNX Nigeria that Nigeria requires additional 167,000 kilometres of fibre infrastructure to fulfil its target of fifth generation network and ubiquitous broadband He said to meet the current broadband targets and those of the future with advanced connectivity such as the fifth-generation network, “The nation …

Some stakeholders in the Nigerian telecommunications industry are still harbouring concerns about the 5G spectrum auction slated for next month. As the Nigerian Communications Commission looks set for the auction of 5G spectrum in the country on December 13, the number of spectrum slots available for the telecommunications companies and …