The Nigerian Communications Commission (NCC), the nation’s telecommunications sector regulatory authority, has extended Mafab Communications Limited’s 5G network roll out by five months, indicating that the operator has the grace up to January 2023 to roll out the service. Mafab, a new entrant into the nation’s telecommunications sector, won the 5G spectrum licence alongside MTN […]
MTN Nigeria Communications Plc has applied to the Securities and Exchange Commission (SEC) Nigeria for the registration of its new N200 billion Bond Issuance Programme. This was contained in a disclosure filed at the SEC by the leading telecom operator, which indicated that the proceeds of the new bond issuance would be used for capital […]
The Federal Inland Revenue Service (FIRS) has commended Nigeria’s top-performing taxpayers in the year 2021 them for fulfilling their fiscal obligations and thereby assisted government to meet its social contract with the Nigerian citizens, despite the harsh economic conditions imposed by the COVID-19 pandemic. The revenue agency, in a statement signed by its Executive Chairman, […]
The Nigerian Communications Commission (NCC) has reported that a total of 63.97 million lines were disconnected in one year due to the National Identity Number-Subscriber Identity Module data verification exercise The telecom sector’s regulatory commission in its data reported that the number of connected lines in the country dropped by 21.79 percent to 229,582,206 in […]