AFRICAReports Banking and Finance Economy Infrastructure Infrastructure Financing News & Reports Technology Telecom

With National Policy on 5G, ABSA Sees Opportunity for Economic Growth in Nigeria

Given the success recorded last December in the auction of the two slots in the 3.5GHz spectrum, in preparation for 5G technology rollout in Nigeria, coupled with the commitment of the federal government on 5G rollout this month, Absa, a leading pan-African Corporate and Investment Bank has said it is fully aligned with government’s aspiration …read more →

AFRICAReports Infrastructure News & Reports Technology Telecom

‘Africa Needs Smarter Investment in Digital Infrastructure’

Infrastructure is widely accepted as a fundamental limitation to growth in Africa. Governments in the region struggle to meet the basic needs of residents, including access to food, education, health, and livelihoods, much less invest in critical, reusable infrastructure that could provide long-term solutions to social problems. Philanthropy alone will not lead to the sustainable …read more →

AFRICAReports Infrastructure News & Reports Telecom

MainOne Expands Global Cloud Connect Services to Drive Business Digital Transition in W/Africa

MainOne, a leading provider of connectivity solutions for businesses in West Africa is empowering enterprises to adopt Cloud technology by connecting businesses across the region directly and privately to public cloud service providers. The MainOne Cloud Connect service ensures direct, secure, and reliable network connectivity between enterprise data centers or office locations and public cloud providers such …read more →

Technology Telecom

Technical Glitches Hit Nigerian Identity Database, Disrupt Access to NIN Verification

Nigeria identity database suffered a glitch, which has disrupted transactions across the board nationwide with thousands of telecommunication subscribers seeking to retrieve their lost Subscriber Identity Module cards or acquire new lines temporarily have been left stranded. Also, people who want to renew their international passports, or obtain fresh one have been unable to do …read more →

Infrastructure News & Reports Technology Telecom

Underdeveloped Broadband Infrastructure Hampering Nigeria’s Digital Economy – W’Bank

The World Bank says Nigeria’s digital economy plan is being continually hampered by an underdeveloped fixed broadband infrastructure. The global bank disclosed this in its ‘Nigeria Development Update: Time for Business Unusual’ report. According to the bank, Nigeria’s digital economy can transform economic activities and improve government efficiency. The World Bank said, “Nigeria’s digital economy can …read more →

Economy News & Reports Telecom

NCC Rakes in N150 Billion from Spectrum License In 5 Months

The Nigerian Communications Commission (NCC) on Sunday said it more than tripled its projected revenue from spectrum license fees for 2021 in the first five months of the year, posting over N150 billion in income in the period. In a statement issued by its Director of Public Affairs, Ikechukwu Adinde, the commission had projected to …read more →

AFRICAReports Infrastructure News & Reports Photo News Telecom

MTN to Invest N640bn In Nigeria to Expand Broadband Access

MTN Nigeria plans to invest N640 billion (approximately US$1.5 billion) over the next three years to expand broadband access across the continent’s most populous country, in line with the federal government’s 2020-2025 National Broadband Plan and in support of MTN Group’s strategy, Ambition 2025: Leading digital solutions for Africa’s progress. “Nigeria is one of our most important markets. …read more →

News & Reports Telecom

Danbatta Inaugurates Committee On Spectrum Auction For 5G Deployment

Following the Senate investigative hearing which gave the Fifth Generation (5G) technology a clean bill of health, the Nigerian Communications Commission (NCC) has taken a major proactive regulatory step by inaugurating a committee to develop the Information Memorandum (IM) for the auction of 3.5 gigahertz (GHz) spectrum band which will be used for early deployment …read more →

News & Reports Telecom

NCC Starts Review of Telecoms License Structure

In demonstration of its responsiveness to global trends and the dynamics in the Information and Communications Technology ecosystem, the Nigerian Communications Commission, NCC, has initiated the process for the review of existing licensing structure in the Nigerian telecommunications industry. An important step towards achieving this was taken recently by Prof. Umar Garba Danbatta, executive vice chairman …read more →