What the data is saying: Renewed buying interest in large-cap banking and telecoms stocks drove the day's gains, reversing the pattern of institutional selling that had defined the preceding six sessions. Highlights of Monday's trading: All-Share Index: 238,219.19 points, up 0.97% Market Capitalisation: N152.79 trillio…

…that all requests involving significant changes in ownership structures of licensed telecommunications companies are supported by evidence of prior approval from the NCC. The joint statement partly reads: "Effective immediately any proposed transfer of ownership or control of shares in a licensee of the Nigerian Commun…

…Communications Commission (NCC) has introduced a new regulatory requirement mandating telecommunications operators to obtain prior approval before carrying out share transfers involving 10% or more of their total share capital, a move aimed at strengthening oversight of ownership changes in one of Nigeria's most strate…

The requirement is designed to preserve a fair and competitive market structure within the communications sector.

The Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have introduced a new layer of regulatory oversight that

…Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have directed telecommunications companies to obtain regulatory approval before executing any transfer of shares amounting to 10 per cent or more of their total share capital. The directive, which takes immediate effect, is aimed at strengthenin…

…systemically important. Although Nigeria's fintech industry differs from social media or telecommunications, the regulatory logic is similar. Governments are increasingly uncomfortable with critical digital infrastructure operating behind ownership structures that are difficult to fully understand. Another factor may b…

…financial centre, Lagos serves as the headquarters for many of Nigeria's largest banks, telecommunications firms, multinational corporations, and technology startups, and the undisputed engine of Nigeria's economy, contributing nearly 30% of the nation's GDP while driving commerce, finance, industry, and innovation acr…

This is partly because the number of telecom companies offering unlimited data package has continued to grow while competition is driving down subscription price. With the growing number of service providers offering fully unlimited data, the days of unlimited service with Fair Usage Policy (FUP) are gradually coming t…

…derived from the recovered items, detectives of the Anti-Robbery Squad launched telecommunications analysis, which led to the identification of Ismaila Israel Sokunbi as a principal suspect with links to Kayode Adeyemi, the suspected kingpin in Ibadan, Oyo State,” the statement added. The police spokesperson noted that…

Nigeria’s telecommunications sector is witnessing an unusual trend, in that, more people are connecting to broadband networks, but they are

…the ban? Two subsequent events, reportedly. The first: Anthropic gave a South Korean telecom access to Mythos through its limited partner program, and U.S. officials grew alarmed after identifying the company as one they suspected had ties to China. (The company, widely reported to be SK Telecom, has denied any China c…

…equipped with underground drainage systems, water pipelines, sewer infrastructure, telecommunications ducts, solar-powered street lighting, walkways and green areas. He said the road improves connectivity between Katampe, Mabushi, Jahi, Maitama and adjoining districts while opening up new corridors for residential and…

…with the aim of determining appropriate charges for such services. More Insights The telecom operators noted that any future tariff review would be tied to improved service delivery, network expansion, and deeper coverage across the country. Adebayo said the government had previously linked any tariff adjustments to co…

Reliance is weaving AI into telecom services used by more than 500 million people.