By Adeyemi Adepetun SOME $57.79 million in foreign direct investments entered Nigeria’s telecoms sector in quarter one (Q1) 2022. This is according to the latest capital importation report by the National Bureau of Statistics ((NBS). According to NBS, the FDI showed a 2.6 per cent increase year-on-year when compared with the $56.28 million...
Read MoreBy Adeyemi Adepetun SMALL businesses in Nigeria are still in danger and faces 89 per cent increase in cyber attacks in 2022. Kaspersky, which disclosed this, noted that when a small business owner is faced with the responsibilities of production economics, financial reports and marketing all at the same time, cybersecurity can often...
Read MoreBy Adeyemi Adepetun THE Nigerian Communications Commission (NCC), alongside industry stakeholders have charted new path to effective telecoms regulation and industry growth in Nigeria. At the second edition of the Nigerian Telecoms Leadership Summit, organised by the NCC, in Lagos, the Executive Vice Chairman and Chief Executive Officer of the NCC, Prof. Umar...
Read MoreBy Adeyemi Adepetun ONLY 12.1 per cent of the Nigerian population currently enjoys Internet services (Meaningful Connectivity) quality in the country, this is according to an indepth research by the Alliance for Affordable Internet (A4AI). A4AI, which explained that 81 per cent meaningful connectivity gap exists in Nigeria, claimed that only 6.6 per cent...
Read MoreBy Adeyemi Adepetun GLOBAL technology company Uber has facilitated one billion trips in Africa since entering the market less than 10 years ago. Over 10 billion kilometres of trips have been completed, and this is equivalent to travelling to the moon and back over 5500 times. During the same period Uber and Uber Eats...
Read MoreBy Favour Unukaso THE Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has congratulated the Minister of Communications and Digital Economy, Prof. Isa Ali Pantami, on his appointment as the chairman of the 2022 World Summit on Information Society (WSIS) Forum by the International Telecommunication Union (ITU). Danbatta described...
Read MoreBy Adeyemi Adepetun FOLLOWING the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN Nigeria’s fintech subsidiary, MoMo Payment Service Bank (MoMo PSB) Limited, formally commenced operations yesterday, the firm has disclosed. MTN said this follows a successful pilot initiated on May 16, 2022, which was...
Read MoreBy Adeyemi Adepetun THE number of mobile operators committed to rapid emissions cuts has increased by more than 50 per cent over the last year, according to the Global System for Mobile telecommunications Association (GSMA). GSMA in its 2022 Mobile Net Zero Report revealed that 49 operators representing 62 per cent of the industry...
Read MoreBy Adeyemi Adepetun VALUE added service (VAS) providers otherwise known as content owners, earned N185 billion from technology firm, MTN in the last one and half decades. MTN Chief Executive Officer, Karl Toriola, made this known, during his presentation at the Pan Atlantic University, where he unveiled the Media Innovation Programme (NIP) in collaboration...
Read MoreBy Adeyemi Adepetun THE Nigerian Communications Commission (NCC) has allayed fears emanating from subscribers in the country following the agitation by telecommunications operators to increase services tariffs. NCC said it has monitored with keen interest the deluge of reports in the media on the demand by Mobile Network Operators (MNOs) ostensibly to increase tariffs...
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