In a major move that is bound to improve banking services efficiency and bring more unbanked people into the banking net nationwide, the Nigerian Communication Commission (NCC) and the Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding (MoU) on the nation’s payment system. Speaking on the partnership, the Executive Vice Chairman of […]
Telecomms
Globacom Debunks Gender Bias Rumour In Downsizing Exercise
Globacom, Nigeria’s leading telecom services provider, has refuted allegations that it is gender bias in its recent workforce downsizing exercise. The telco, in its tweeted reaction to a fake letter being circulated in some sections of the media, described such insinuation as mischievous, saying that the exercise is carried out based on performance issue. It […]
NCC Reports 146m Active Mobile Lines In January
The Nigerian Communications Commission (NCC) has put the total active mobile phone lines in the country at 146 million in January this year, representing an increase of 2,233,467 lines over active lines in December 2017. The figures were contained in the Commission’s monthly Subscribers Operator Data posted on its website. The Commission reported that the […]
MTN Targets $500m From IPO In Nigeria’s Bourse
MTN, Nigeria’s leading telecoms services provider, is set to raise about $500 million from the the sale of its shares through Initial Public Offering (IPO) in the Nigerian Stock Exchnage (NSE) before the first half of this year ends. The IPO would enable the company fulfil the terms of a pact it had with the […]
Teleology Holdings Emerges Preferred Bidder For 9mobile
Backlays Africa, the financial adviser to the consortium of banks owed $1.2 billion dollars by 9mobile (formerly Etisalat), has formally communicated Teleology Holdings Limited, informing the company that it is the preferred bidder for the 9mobile sale. Barclays Africa in the letter sent to Teleology Holdings on February 21, directed Teleology Holdings to make a […]
Again, Telecom Subscribers Seek Cheaper Call Rates
The National Association of Telecommunications Subscribers, NATCOMS, has called on the Nigerian Communications Commission, NCC, to review downwards voice call tariffs for subscribers.
NCC To Sanction Firms Over International Calls Masking
The Nigerian Communications Commission, NCC, has threatened to sanction any of its licencees implicated in masking of international telephone calls.
FG Targets Diaspora Funds To Achieve Broadband Target
The Federal Government is set to explore funding from Nigerians living in the Diaspora in its current efforts to improve the level of broadband capacity in the country.
NCC Canvasses Appropriate Pricing Of Broadband
The Executive Vice Chairman of the Nigerian Communications Commission, NCC, Professor Umar Danbatta, has advocated the need for Nigeria to develop a proper pricing structure to ensure availability of affordable broadband
Analysts Cut IPhone X Shipment Forecasts, Citing Lukewarm Demand
Analysts have lowered iPhone X shipment projections for the first quarter of next year, citing signs of lackluster demand at the end of the holiday shopping season