30 results
- 10 May 2019
FG Says FDIs in ICT Exceed $42Bn
Dr Adebayo Shittu, minister of Communications, has said foreign direct investments (FDIs) in the information communication technology (ICT) sector have exceeded $42 billion. He restated the…
- 10 Jan 2013
CBN says FDIs Hit $6.07Bn in Q3 of 2012
Global investor confidence is rising in Nigeria as Central Bank of Nigeria (CBN) reported that aggregate foreign capital inflows jumped up by as much as 87.39 per cent to peak at $6.07 billion in the…
- 30 Aug 2015
IT Stakeholders Not Pleased with 10% Broadband Penetration, 2018 Target Dims
From available data, it will take special interventions for Nigeria ‎to achieve her 30% broadband penetration as industry stakeholders on Friday bemoaned the mere 10% achievement almost…
- 3 Sept 2015
MTN Collaborates IDC on Affordable Smartphones for Internet Penetration
MTN Nigeria has once again suggested that massive rollout of LTE broadband services can become more profitable through increased shipment of affordable smartphones in the country. Speaking during…
- 26 Jan 2014
Okonjo-Iweala, Sanusi Views on the Economy
The divergent views on the state of Nigeria’s economy by Dr. Ngozi Okonjo-Iweala, coordinating minister for the Economy and minister of Finance; and Mallam Sanusi Lamido Sanusi, governor, Central…
- 8 Jun 2026
Telcos Fault Data of FDI Flow, Claim Investment of N1.86 Trillion on Service Expansion
Association of Licensed Telecom Operators of Nigeria (ALTON), official industry umbrella body and pressure group for major mobile network operators in the country, has faulted claims that foreign…
- 13 Nov 2014
NCC Tasks Telcos on 2018 Broadband 30% Penetration Target
Nigeria Communications Commission (NCC) has urged the telecommunications operators to step up the drive towards achieving 30% broadband internet penetration in the country by 2018. The…
- 18 Aug 2015
NCC, Galaxy Backbone, Others Support NITRA’s 3Q Seminar on ICT investment
Stakeholders in the Nigeria’s Information and Communication (ICT) industry will this month converge at a seminar in Lagos to discuss the way forward towards deepening investment inflow into…
- 22 Oct 2015
NCC Says Unfriendly Taxes Inhibitive to Broadband Growth
With unalloyed interest in deepening broadband growth in the country, the Nigerian Communications Commission (NCC) has sought governments and their agencies understandings on the need to discontinue…
- 7 Mar 2016
NOTAP DG Advocates Collaboration Amongst Govt. Agencies for Economic Growth
Dr. DanAzumi Mohammed Ibrahim, director general of the National Office for Technology Acquisition and Promotion (NOTAP) has advocated for closer collaboration amongst government regulatory agencies…
- 8 Mar 2016
NOTAP Seeks Collaboration with NIPC to Promote Technology Transfer
National Office for Technology Acquisition and Promotion (NOTAP) has sought for closer partnership with the Nigerian Investment Promotion Commission (NIPC) towards enhancing technology transfer in…
- 5 Apr 2016
NOTAP, FIRS Partnership Critical for Development of Nigeria - NOTAP DG
Dr. DanAzumi Mohammed Ibrahim, director general of the National Office for Technology Acquisition and Promotion (NOTAP) has said that the partnership between NOTAP and the Federal Inland Revenue…
- 21 Nov 2016
Investments in Telecoms Hit $68Bn in Nigeria
Despite what looks like economic downturn, investments in the fast growing telecommunications sector have been put at $68b as at July, 2016. Of this figure, $35 billion comes from Foreign Direct…
- 5 Dec 2016
NOTAP Seeks Partnership Between ICT Industry and Universities for R&D
Dr. DanAzumi Mohammed Ibrahim, director general of the National Office for Technology Acquisition and Promotion (NOTAP) has called for improved collaboration between the information and communication…
- 23 Jun 2008
Eminent Nigerians Laud Glo over Benin Launch
Distinguished Nigerians have commended Globacom for flying the Nigerian flag into Africa beginning with the launch of the network in Benin Republic and acquiring of license in Ghana. Nigerians at…
- 2 May 2017
ATCON Seeks Immediate Removal of IT/Telecoms Equipments from 41 Restricted Items
The Association of Telecommunication Companies of Nigeria (ATCON) over the weekend called on the Central Bank of Nigeria (CBN) to review the foreign exchange restriction placed on 41 items imported…
- 21 May 2018
NOTAP DG Laments Poor Funding of Tertiary Institutions
Dr. DanAzumi Mohammed Ibrahim, director general of the National Office for Technology Acquisition and Promotion (NOTAP) has lamented the poor funding of tertiary Institutions in Nigeria. The Director…
- 4 Jan 2019
FG May Hike Pump Price, Devalue Naira, Others This Year
FSDH Research, trusted providers of market intelligence has said that certain key events, both at the global level and in Nigeria, will influence economic and business activities in 2019. FSDH…
- 12 Feb 2019
Agusto & Co Assigns a ‘Bb‘ Rating to the Nigerian Insurance Industry
Agusto & Co Limited, leading Pan African credit rating agency in Nigeria for over 26 years has assigned a “Bb“ rating to the Insurance Industry in its newly published 2019 Nigerian Insurance…
- 21 Aug 2019
FG Seeks Bigger Roles for Telcos in Economic Growth
President Muhammadu Buhari says the telecommunications sector contributed 10 per cent to Nigeria’s Gross Domestic Product (GDP) in the first quarter of 2019. Mr Buhari said this at the 2019…
- 6 Nov 2019
Medallion, Galaxy Backbone Make Case for Infrastructure Sharing in ICT Sector
The issue of infrastructure sharing in Nigerian telecommunications industry is extremely important since the resources used to provide the services are limited. Whether in passive or active model,…
- 6 Oct 2020
NCC Counts Gains of MTN Listing in Capital Market
The regulatory action taken by the Nigerian Communications Commission (NCC) to facilitate the listing of MTN Nigeria on the country’s stock exchange market has continued to bring economic gains to…
- 13 Apr 2020
COVID-19: AU Says 20m African Jobs are at Risk
African Union (AU) has revealed that about 20 million jobs are at risk on the continent as a result of the impact of the coronavirus pandemic. Most African economies are projected to shrink this year…
- 7 Jun 2020
Group Congratulates Danbatta on His Reappointment as NCC Boss
Digital Economy Media Support Volunteers (DEMS Volunteers), has congratulated Professor Umar Garba Danbatta, the Executive Vice Chairman of the Nigerian Communications Commission, NCC, on his…
- 18 Aug 2021
Indigenous Telcos Seek 5 Years Tax Holiday, Special Intervention Funds
Indigenous telecommunications companies in Nigeria have appealed to the Federal Government to give them tax holidays of up to five years and a special intervention funds. This, they said, would allow…
- 8 Oct 2021
GSM@20: Stakeholders Set for Dialogue on Telecoms Consumer Protection
Stakeholders in Nigeria are billed to participate in an industry-wide dialogue summit aimed at addressing salient issues affecting over 200 million telecom corporate and individual consumers, as…
- 12 Jul 2023
NITRA Calls on President Tinubu to Appoint Technocrat as Minister of Communications and Digital Economy
Journalists in the Information and Communications Technology sector, under the aegis of the Nigeria Information Technology Reporters Association (NITRA), comprising reporters and editors in…
- 25 Mar 2024
NGX RegCo, FRCN Unveil Roadmap for SFRS Adoption
The NGX Regulation Ltd. (NGX RegCo), the regulating body of the Nigerian Exchange Group and Financial Reporting Council of Nigeria (FRCN), at the weekend, jointly launched the roadmap for the…
- 30 Apr 2024
Moniepoint MFB Bags Best Fintech for Supporting Nigeria's Hospitality Industry
Moniepoint Microfinance Bank, Nigeria’s leading digital financial services provider and definitive bank for businesses, has been honored with the prestigious Best Hospitality Industry Support -…
- 16 May 2024
SEC Partners EFCC to Tackle Market Infractions
Securities and Exchange Commission (SEC) and Economic and Financial Crimes Commission (EFCC) have announced collaboration to minimise trade manipulations in the virtual sphere. Emomotimi Agama,…