Telecom
NCC Pegs 2.6GHz License @ $16m, to Name Infracos
Nigerian Communications Commission (NCC) at the weekend pegged the reserve price of each license on the 2.6 GHz band at $16 million and invited interested participants in the auction of frequency spectrum, touted to possess the potential to usher in a revolution into the broadband process.
The reserve price (R) for an applicant will be calculated as the GR multiplied by the number of lots (N) applied for by the applicant.
For example, reserve price for an Applicant that applied for 6 Lots that is 6 eligibility points is: $16 million X 6 = $96 million
The Commission offers 14 Lots of 2 X 5 MHz FDD paired spectrum in the 2.6 GHz band ranging from 2500 – 2570MHz and 2620 to 2690 MHz (totaling 2 X 70 MHz) for auction.
Each lot of 2 X 5 MHz represents 1 eligibility point. An applicant that pays the Intention-to-bid deposit (IBD) for 6 lots will have a total of 6 eligibility Points.
According to the NCC, the frequency will be awarded to winning bidders in multiples of 2 X 5 MHz Lots aggregated in contiguous arrangements.
The process for the licensing of the 2.6 GHz spectrum is predicated on demands by operators for additional spectrum to enable the provision of advanced wireless broadband services in line with international trends.
This is also in furtherance of the objectives of the federal government of Nigeria as set out in the Nigerian National ICT Policy 2012 and the Nigerian National Broadband Plan 2013.
As a necessary prelude to the licensing process, the Commission conducted stakeholder consultations to determine the demand level for the spectrum, the approach to licensing and the potential interest of the consumers amongst other objectives.
Based on the positive outcome of these consultations, and the direction of the National Broadband Plan, the Commission has decided to undertake an auction to award spectrum licenses to build and operate networks in this spectrum band to provide advanced broadband wireless services to subscribers in Nigeria.
To qualify to bid in the auction, the applicants will not have to be licensed network operators in Nigeria.
Meanwhile, Nigerian Communications Commission is to announce the successful bidders of Infrastructure Companies (Infracos) to provide metro fibre infrastructure in Lagos and North Central regions of the country with the aim of achieving the vision of the national broadband plan.
The Commission also at the weekend released the information memorandum for the auctioning of the 2.6GHz spectrum license to usher in a revolution into the broadband process and invited interested participants in the Auction of Frequency Spectrum Licenses.
Commenting on the Infracos, Dr. Eugene Juwah, executive vice chairman, NCC, said that the Commission received the bid for the Infrastructure Companies for Lagos and North Central and would in the next few weeks announce the successful winners.
Juwah who spoke through Mr. Tony Ojobo, director, Public Affairs, at a recent event in Abuja, did not give names of the bidders but said that the bids are in the process of evaluation and is being done in collaboration with a consultant.
Nigeria is set to receive telecommunications equipment and fibre optic infrastructure worth $3 billion in June 2025, according to Bosun Tijani, minister of Communications, Innovation and Digital Economy.
Speaking during a panel session at the Nigeria Development Update (NDU) organised by the World Bank, Tijani revealed that the equipment valued at $1 billion was expected to arrive in the country by mid-2025.
He added that an additional $2 billion worth of fibre optic cables would soon be delivered to boost Nigeria’s telecommunications infrastructure.
According to him, the initiative aims to significantly enhance communication services across the country and bridge the connectivity gap.
Tijani also noted that a pilot phase targeting over 20 million Nigerians who currently lack access to any form of telecommunications would soon be launched.
The Nigeria Development Update (NDU) is a bi-annual World Bank report that assesses the country’s recent economic and social developments, policy directions, and provides recommendations to address emerging challenges.
Legend Internet Plc has launched FTTR by Legend — Nigeria’s first Fibre-to-the-Room (FTTR) service, redefining the standard for broadband connectivity across homes and businesses.
“Being listed on NGX is just the beginning, With FTTR by Legend, we are building the infrastructure of the future, today — not just to improve connectivity, but to transform how people live, work, and create”, said Aisha Abdulaziz, CEO of Legend Internet Plc.
This groundbreaking innovation was deployed by Legend, with strategic technology support from global telecommunications leader- Huawei. The result is a seamless digital experience that meets the demands of modern living.
The launch of FTTR follows the recent signing of a Memorandum of Understanding (MoU) between Legend Internet and Huawei Technologies.
“Our collaboration with Huawei reflects our commitment to global standards and local innovation. Unlike traditional broadband that stops at the router, FTTR by Legend brings pure fibre into every room, offering zero lag, full-house coverage, and the performance needed for smart homes, remote work, creators, and tech-forward enterprises.
The collaboration is aimed at accelerating broadband infrastructure development, enhancing local capacity, and positioning Nigeria as a digital leader in Africa. Huawei brings decades of R&D in fibre optic and smart home technology to support Legend in deploying this state-of-the-art infrastructure.
Coming on the heels of its recent listing on the Nigerian Exchange Limited(NGX), Legend Internet PLC shows no signs of slowing down. The company is celebrating its public debut with a landmark product — one that delivers ultra-high-speed fibre into every room of a building, enabling uninterrupted, gigabit-speed internet at all times.
Legend Internet’s entry into fibre-to-the-room solutions is part of a broader ambition to close the digital divide in Nigeria. While FTTR by Legend is currently being offered exclusively to high-end residences, the company plans to scale and democratize access through complementary solutions over time. This aligns with Legend’s dual-market approach.
In broadband, Legend leverages fibre optics to deliver ultra-high-speed internet directly to consumers, with a focus on reliability, speed, and innovation. In fintech, the company is expanding last-mile payment infrastructure and delivering secure, scalable tools including wallets, merchant solutions, and digital financial platforms for everyday use.
Legend’s mission is clear: to power Nigeria’s digital future — through cutting-edge technology, bold thinking, and local-first execution.
National Agency for Science and Engineering Infrastructure (NASENI) has welcomed President Bola Ahmed Tinubu’s “Nigeria First Policy,” describing it as a bold step toward accelerating Nigeria’s industrial revolution and economic growth.
In a statement issued on Sunday, NASENI’s Executive Vice Chairman and CEO, Khalil Suleiman Halilu, commended the policy’s prioritization of locally made goods and indigenous solutions in government procurement.
He said the directive would empower local entrepreneurs, manufacturers, and technology innovators by giving them the necessary support to thrive.
“With Mr. President’s directive to the Bureau of Public Procurement (BPP) to revise and enforce guidelines in favor of local suppliers, we anticipate a significant increase in patronage of Nigerian-made products,” Mr. Halilu said.
“Government is a major buyer of goods and services, and this move will translate into increased demand across key sectors.”
Describing the policy as “forward-thinking and revolutionary,” Mr. Halilu noted that NASENI has long championed local content through its own initiatives.
He highlighted products developed by the agency, ranging from Nigerian-assembled vehicles and energy systems to smart irrigation tools and electronic devices, as evidence of the quality and competitiveness of local manufacturing.
He further referenced NASENI’s ongoing Made-in-Nigeria Strategic Focus Group meetings held across the country, aimed at driving awareness and understanding of consumer attitudes toward local products.
These forums bring together experts, regulators, manufacturers, entrepreneurs, and civil society actors to identify challenges and promote solutions for increasing local patronage.
“We are determined to be at the forefront of implementing the President’s vision,” Mr. Halilu stated. “But this is also a call to action for local producers.
“It is not enough to enjoy policy support, quality and standards must never be compromised.
“We must deliver products that compete favourably with imports and meet the needs of Nigerian consumers.”
NASENI, mandated to develop Nigeria’s science and engineering infrastructure, has been engaging stakeholders across states including Katsina, Lagos, Anambra, Delta, Kano, Kaduna, and Ogun to boost innovation, address manufacturing challenges, and encourage the adoption of homegrown solutions.
President Tinubu’s “Nigeria First Policy” directs the BPP to implement procurement reforms that prioritize local content and maintain a register of qualified Nigerian manufacturers and service providers.
Mr. Halilu concluded by affirming NASENI’s readiness to lead the charge: “We have seen the capacity and competence of our local manufacturers.
“They are ready. With the right support, we can achieve true industrialization powered by Nigerian solutions.”
Nigeria to Receive $3Bn Telecoms Infrastructure in June – Minister
NIPOST Partners KLM on Global Mail Delivery
CBN Issues Advisory on Scammers Flaunting Fake Contracts
Airtel Money Plans IPO to Compete in Fintech Space
Legend Internet Debuts Nigeria’s First Fibre-to-the-room Service
E-Business2 days agoNIN: FG Increases DoB Update Fee by 75Percent to N28,574
Broadcasting2 days agoAfreximbank Unveils Third Edition of Short Film Competition ‘Creative Africa Nexus’
General News2 days agoNIMASA Embraces Technology to Strengthen Regulatory Mandate
Telecom2 days agoMTN Commits $10Bn to Nigeria’s Digital Infrastructure
E-Financial2 days agoSEC Intensifies Fight Against Ponzi Schemes With Market
E-Business2 days ago10 Percent of Nigerians Affected by Data Breaches since 2004
News2 days agoSERAP Challenges CBN to Publish Local Government Allocations
News2 days agoCFUIS Expands to Nigeria, Boosting U.S. Immigration and Business Opportunities