January 22, 2025
  • January 22, 2025
Breaking News

Telecoms sector contributes N2.5tr to Nigeria’s GDP

by on June 8, 2023 0

THE telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, contributed 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 a 4.3  per cent.  increase...

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NCC tasks 5G licensees on protection of citizens’ data

by on June 8, 2023 0

By Favour Unukaso THE Fifth-Generation (5G) network licensees in Nigeria have been mandated to ensure protection of citizens’ data in this critical period of cyber criminals.     The Nigerian Communications Commission (NCC), which gave this directive in Lagos, Thursday, at the 2023 Nigeria DigitalSENSE Forum with the theme: “5G: Data Governance, Safety and Security in...

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Airtel Nigeria earns N892b from voice, data services

by on May 12, 2023 0

  By Staff Reporter  VOICE and data services have earned Airtel Nigeria N892 billion, according to the audited financial report released Thursday by Airtel’s parent company, Airtel Africa to the Nigeria Exchange Limited (NGX).    Specifically, the Nigeria operating company recorded a 13.4 per cent growth in voice revenue to N484.9 billion ($1.053 billion), while...

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Telcos get NCC nod to disconnect banks over N120b USSD debt

by on May 12, 2023 0

  By Favour Unukaso  TELECOMMUNICATIONS operators are set to disconnect Deposit Money Banks (DMBs) from the use of the Unstructured Supplementary Service Data (USSD) over the protracted debt, which has amounted to N120 billion.    Under the aegis of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), the services providers said the Nigerian...

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Data encryptions from ransomware attacks on businesses hit four-year high

by on May 11, 2023 0

  By Staff Reporter CYBERSECURITY firm, Sophos has revealed that the rate of successful data encryption from ransomware attacks on organizations and businesses hit the highest level in 2023. Sophos in its “State of Ransomware 2023” report, said it found that in 76 per cent of ransomware attacks against surveyed organizations, adversaries succeeded in...

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Foundry empowers over 300 entrepreneurs in Nigeria, others for sustainable growth

by on May 9, 2023 0

FOUNDRY, an initiative of The Nest Innovation and Technology Park, has empowered over 300 entrepreneurs from diverse industries, including agriculture, fashion, food and beverage, hospitality, healthcare, beauty and wellness, manufacturing, and recycling, were empowered with the right business and entrepreneurial knowledge to refine their businesses towards profitability and sustainable growth.     The empowerment, which is the sixth...

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Konga Logistics plans N5b investment drive, targets top industry position

by on May 8, 2023 0

  KONGA Logistics, the digital arm of Nigeria’s composite e-commerce firm, is investing billions of Naira in her ambition to take a commanding position in the challenging logistics sector in Africa, which stakeholders believe is responsible for the retarded growth of e-Commerce and other movement of goods and services in Africa. The company is...

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NCC commits to digital job creation as over 2000 youths get training

by on May 8, 2023 0

THE Nigerian Communications Commission (NCC) has reiterated its commitment to job creation in the country with more focus on youths development.     NCC said while one of the pillars of the National Digital Economic Policy and Strategy (NDEPS 2020-2030), which is to further accelerate economic growth in digital literacy and skills, the commission is fully...

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Nigeria to see 10% 5G penetration by December as operator deploys 2,500 sites

by on May 3, 2023 0

TELECOMMUNICATIONS operator, MTN, is hoping to achieve a 10 per cent fifth-generation (5G) network reach by the end of this year. The telecoms giant, which disclosed this in its Integrated Report for the year ended December 31, 2022, at the weekend, said it has deployed over 2,500 5G sites across its 19 markets in two continents....

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