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Ways To Protect Your Mobile Phone From Damage

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Nowadays, the mobile phone is an important part of our life. You do a lot of things with it that you do not want anything to happen to it. It is, therefore, necessary that you protect your phone from damage.
Nothing is more excruciating than to see your phone getting scratched or having a cracked screen.
In line with this, Jumia Travel, the leading online travel agency shares tips on how to protect your phone from damage.

Use a Screen Protector
The screen of your phone is the most sensitive and fragile part of your mobile.
So, whenever your phone drops from your hand, it is the first thing that is affected. If you are lucky the screen may not crack.
But if you use a screen protector, you do not need to worry too much about the screen cracking. Be careful and prevent your phone from dropping.

Hold Your Phone Firmly
Your hand is not slippery. So, why is your phone always dropping? The answer to this is that you do not hold your phone firmly.
Henceforth, always have a good grip of your handset, so that it will stop falling.

Waterproof The Device
There are very few gadgets out that do not get damaged when they drop in water. Clearly, you know that water and phones are enemies. You can visit your phone store to waterproof it.

Do Not Leave It Unattended
Always keep your phone in a safe place so that it will not be accessed by your friends and kids.
Kids are culpable here. You have to be keep away from them so that they will not destroy it before you return.
This is another way to protect your phone when it drops. If your phone does not use a phone case, you should buy one. It will not only shield your mobile, it will also beautify it.

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Telecom

MTN Secures N200bn Medium Term Loan, Aims to Expand Infrastructure

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L-R: Adamu Lawani, General Manager, Zenith Bank Plc; Chairman, MTN Nigeria Communications Plc, Pascal Dozie; Managing Director, Fidelity Bank Plc, Nnamdi Okonkwo; Chief Executive Officer, MTN Nigeria Communications Plc, Ferdi Moolman; Board Member and MTN Nigeria Communications Plc, Gbenga Oyebode at the signing of a N200 billion loan medium-term loan facility held at Aluko & Oyebode, Ikoyi, Lagos on Friday, May 17, 2019.
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MTN Nigeria Communications Plc has signed a 7-year N200 billion Medium Term Facility with a consortium of seven (7) banks aimed to help fund its 4G and other infrastructural projects across the country.

 

This is coming barely a day after the company listed on the Premium Board of The Nigerian Stock Exchange (NSE).

 

The consortium of banks that facilitated the loan facility were Access Bank, Guaranty Trust Bank, Zenith Bank, Fidelity Bank, First City Monument Bank, United Bank for Africa and First Bank with Citibank acting as co-ordinator and Quantum Zenith as Facility.

 

The agreement was formally signed at a ceremony at the law offices of Aluko & Oyebode in Ikoyi, Lagos, in the presence of key partners and other stakeholders.

 

The Medium Term Facility will enable MTN to fund its evolving business opportunities while assisting with capital expenditure and working capital, to deliver enhanced customer service.

 

It follows the successful establishment of a similar seven year, N200 billion facility by MTN in 2018 and forms part of the company’s wider programme to raise domestic debt.

 

Speaking at the signing, Ferdi Moolman, Chief Executive Officer, MTN Nigeria, expressed enthusiasm at the completion of the agreement, saying it signposts MTN’s commitment to and confidence in Nigeria, and the strength of the strategic collaboration between MTN Nigeria and local financial institutions, that will help deepen and broaden the provision of ICT services in Nigeria:

 

“This facility expands our existing successful domestic debt programme which we are using to fund increased network capacity, and the expansion of both the Voice and Data services on our network to customers in new areas, and with new next generation services.

 

“We have enjoyed remarkable funding support from Nigeria’s financial institutions since our first facility in 2003 and this has been critical to the development of one of the largest telecoms network in Africa, with over 60m subscribers.

 

“I am delighted that, so soon after our successful listing on the Nigerian Stock Exchange, we are able to compliment it with such an important addition to our portfolio of debt.”

 

Moolman lauded the participating financial institutions for staying committed to MTN, stressing that the loan syndication showcases the strength of the Nigerian financial institutions and their confidence in MTN’s vision, as well as both parties joint ability to stimulate significant economic growth.

 

The facility is structured with a 2-year moratorium and a repayment plan of seven (7) years and is denominated in Naira.

 

This is the eighth syndicated loan agreement by MTN in Nigeria since its inception 18 years ago.

 

 

 

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MTN Nigeria Gains N184Bn in Listing Rally

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MTN Nigeria Communications Plc rallied N184 billion in first day of trading on the Nigerian Stock Exchange (NSE).

 

The NSE admitted, by way of introduction, 20.35 billion ordinary shares of MTN Nigeria Communications at N90 per share.

 

The shares, which were listed on the Premium Board of NSE immediately rose by the highest daily allowance price change of 10 per cent or N9 to close at N99 per share.

 

Otunba Abimbola Ogunbanjo, national council president NSE, said: “We are particularly pleased that MTN Nigeria has joined the prestigious club of companies listed on our Premium Board with this landmark transaction, which will differentiate it as a professionally run telecommunications company with high standards, having met The NSE’s listing criteria.

 

“A Premium Board listing is a sign of commitment to strong corporate governance, excellence, professionalism, efficiency in service delivery and providing increased returns to shareholders.

 

“It is our expectation that the MTN Nigeria listing, which is the NSE’s 2nd largest, will encourage other telecommunication companies to list their shares on The Exchange, thereby opening the sector up to cheaper, long term capital that will boost innovation and development.”

 

Mr. Oscar Onyema, chief executive officer NSE, said: “We are delighted to welcome MTN Nigeria to the Exchange. Today’s listing is a promising development in the country’s telecommunications sector and we encourage other players in the sector to explore the different opportunities in the capital markets for raising long term capital.

 

“As a listing platform of choice, today’s listing will add to our bouquet of diverse investment offerings to the public.

 

“Having MTN Nigeria listed in our market is a testament of The Exchange’s commitment to building a dynamic and inclusive market and creating channels for sustainable investment.

 

This listing will promote liquidity for MTN Nigeria and enhance its value.”

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Poorly Designed Spectrum Auctions Risk Harming Consumers – GSMA

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As 5G spectrum auctions pick up pace globally, the GSMA this week raised concerns into some auctions’ design artificially inflating prices, or inefficiently distributing already scarce spectrum resources, which risk harming consumers.

 

“Auctions can and do fail when poorly designed,” said Brett Tarnutzer, Head of Spectrum, GSMA. “We’re seeing a worrying trend of badly run spectrum awards that could seriously impact the potential of 5G before we get started. It’s time for policymakers to work more closely with stakeholders to enable more timely, fair and effective awards.”

 

To help governments and regulators guarantee affordable, high quality mobile connectivity from spectrum awards the GSMA published today an ‘Auction Best Practice’ paper. The paper highlights some key concerns from recent 4G and 5G spectrum awards and offers recommendations.

 

This includes addressing a trend towards governments making decisions that artificially inflate spectrum prices, which risk limiting subsequent network investment and thus harming consumers.

 

These bad decisions include artificially restricting the amount of spectrum operators can access, through set-asides or by poorly chosen lot sizes, or by setting high reserve prices.

 

The paper outlines recommendations including: – The top priority for spectrum auctions should be to support affordable, high quality mobile services – not to maximise revenues;

 

Auctions should not be the only award process considered, as they are not always suitable;

 

Assign a sufficiently large amount of spectrum and publish roadmaps to support high quality mobile services. Set-asides for vertical sectors or new entrants may threaten how much operators can access and also risk inflating spectrum prices;

 

– The auction design should not create unnecessary risk and uncertainty for bidders; and

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