July 1, 2025
  • July 1, 2025
Breaking News

Airtel invests $42m in spectrum as FDIs into telecoms sector rise to $57m

by on June 9, 2022 0

  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...

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NCC, stakeholders chart new path to effective telecoms regulation, industry growth

by on June 1, 2022 0

  By 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...

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Danbatta applauds Pantami’s appointment as WSIS chair

by on May 20, 2022 0

By 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...

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Competition heightens as MTN, Airtel begin formal PSB operations in Nigeria

by on May 20, 2022 0

By 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...

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