FDI into telecoms sector falls as industry gets $399.9m in 2022

By Favour Unukaso THE harsh economic condition of the economy, insecurity and volatility in the foreign exchange market might have contributed significantly to the drop in Foreign Direct Investment (FDIs) into the telecoms sector in 2022 as capital inflow dropped significantly by almost 50 per cent.    According to the 2022 Subscriber/ Network Data Yearly... Read More

Telecoms operators register 301m SIMs as subscribers exchange 25.9b SMS

By Favour Unukaso  THE Nigerian Communications Commission (NCC) has said that in line with the Subscriber Identification Module (SIM) card registration exercise mandated by it, mobile operators as of December 2022 had registered 301,283,030 subscribers in the country.      Specifically, NCC said MTN had registered 123.5 million; Globacom, 65.4 million; Airtel, 64.8 million; 9mobile, 46.1... Read More

Top Intellectual Property mistakes SMEs, entrepreneurs should avoid

By Oluwajoba Oloba STARTING and running a business can be one of the most daunting tasks anyone can take on in the world and especially in Nigeria. There are several things you focus on as an entrepreneur and want to get over the line. However, while racing to ship out products, get your team... Read More

NCC positions Nigeria for $13.2 trillion 5G economic benefits

  By Favour Unukaso  THE Nigerian Communications Commission (NCC) has said that it has played an effective role in placing the country at a vantage position to reap the immense benefits of the Fifth-Generation (5G) network. The NCC noted that the Communications Sector is indeed the pace-setter sector as far as the expansion of... Read More

Inflation, FX shrink Nigeria’s smartphones market by 32.1%

  MACRO economic challenges including inflation and forex challenge, especially dollar shortage have impacted the smartphone market in Nigeria.     The International Data Corporation (IDC) informed that Nigeria’s smartphone market declined 32.1 per cent year-on-year in Q4 2022 due to sustained high inflation and a shortage of U.S. dollars in the country.     Largely,... Read More

Ministry monitors cyberspace, claims INEC, others witness 12.9m attacks

THE Ministry of Communications and Digital Economy has said while monitoring the cyberspace, about 12.9 million attacks were launched against the servers of the Independent National Electorral Commission (INEC) during the Presidential elections on Februay 25 both from within and outside the country.    The Minister of Communications and Digital Economy, Prof. Isa Pantami, who... Read More

Nestlings Playbook launches across universities in Nigeria

  THE Nest Innovation Technology Park has partnered with Campus Innovation Circles (CIC) to launch The Nestlings Playbook; its pioneer program designed to address the unique challenges faced by founders across Universities in Nigeria. The Nestlings Playbook is specifically tailored to provide the undergraduate community with a sandbox that offers access to resources and... Read More

Elon Musk’s Starlink gives Nigerians two alternative payment channels

FOR Nigerians willing to explore the Internet via Elon Musk Starlink platform, the firm has offered two alternative payment channels to order its hardware. Starlink, at the weekend, said Nigerians can use either Payday or barter, which are platforms that allow people to create virtual dollar cards and fund them with naira. Starlink is... Read More

NCC rallies innovators on indigenous solution for Nigeria’s digital divide

By Staff Reporter THE Nigerian Communications Commission (NCC) has called on innovators in the country to come up with indigenous solutions that will help the country bridge her digital divide. This is even as NCC restated its support to empower local innovators in the country. Speaking in Lagos, Tuesday, at third ‘Yearly ICT Innovation... Read More

Nigeria, Niger Republic agree on border frequency management

  NIGERIA and Republic of Niger have signed a bilateral agreement in Abuja for coordination of frequency utilisation along their borders to ensure seamless deployment of services around within the two countries. The agreement signing ceremony was one of the highlights of the two-day Digital Economy Regional Conference, hosted by the Nigerian government and... Read More