The Nigerian Communications Commission (NCC) has disclosed that subscriptions for the Internet services on mobile, fixed and VOIP networks in the country totals 156.9 million in February this year. The commission, in its latest Internet subscriptions report, indicated that telecom operators recorded a total of 743,065 new subscriptions in the month under review. According to […]
Tag: Ntel
FDI Inflows To Telecoms Industry Drop By Over 50% In 2021 – NCC
The Nigerian Communications Commission (NCC), the telecoms industry regulator, has reported that in 2021 there was a drop in capital inflow (Foreign Direct Investment) into the Nigerian telecoms industry, decreasing from $942.863 million in 2020 to $417.481 million the following year. The Commission, in its ‘2021 Subscriber/Network Data Annual Report’ published on Friday, indicated that […]
MTN Mulls Mobile Money Service In Nigeria
Determined to explore other investment opportunities to buoy its earnings in Nigeria, MTN Group on Tuesday announced plans to apply for mobile payment banking licence in the country. The South African mobile telecom operator said that on obtaining the licence, it would launch a mobile payment service in Africa’s biggest economy by the second quarter […]