…its diesel consumption by 9.1 million litres during its 2025/2026 financial year as the telecommunications company increased its use of lower-carbon energy sources and expanded efforts to reduce the environmental impact of its operations. Diesel retail prices in Nigeria averaged between N1,409 and N1,450 per litre in D…
…Officer, MTN Nigeria, Mr Karl Toriola, has assured its subscribers that another telecom tariff increase is not imminent. He also clarified his recent comments on unlimited mobile data, saying they were taken out of context. Toriola, who spoke during an interview on TVC's Beyond the Headlines, said his remarks at MTN's…
…received LPG cylinders and refill vouchers under the final phase of the initiative, the telecom asset manager said in an email to The PUNCH on Monday. Speaking at the event, Senior Vice President and Chief Corporate Services Officer at IHS Nigeria, Dapo Otunla, said the programme fulfilled a commitment the company made…
…and regulatory support for technology startups. As digital services increasingly combine telecommunications, digital platforms, AI, and data processing, the responsibilities of regulators such as the NCC, NITDA, and NDPC have begun to intersect, creating uncertainty for businesses over which agency has authority in cer…
…space for their servers. The rest are private facilities built for organisations such as telecom operators and banks. Most of these facilities are located in Lagos, particularly in Lekki, Ikeja, and Eko Atlantic, although cities including Abuja, Kano, Enugu, and Port Harcourt also have operational data centres. The ind…
…factors that constrained revenue generation, including the suspension of excise duty on telecommunications services, the continued suspension of the proposed green tax introduced in 2023, and government fiscal policies promoting local production of healthcare products, which reduced import duty and VAT collections on m…
…planning. Chief Technology Officer at FiberOne, Adetola Akinmade, called for telecom infrastructure to be formally treated as a national asset and proposed the establishment of a "Digital Utility Corridor" to standardise fibre deployment alongside other public utilities. He said uncoordinated pole mounting and inconsis…
…Capture era,” she wrote. At the centre of the dispute is South Africa’s effort to reform telecommunications policy to accommodate low-Earth orbit (LEO) satellite operators while preserving the country’s black economic empowerment framework. Starlink, the SpaceX-owned satellite broadband service, has been unable to secu…
…connections to infrastructure like the Society for Worldwide Interbank Financial Telecommunication (SWIFT) and the Bank for International Settlements (BIS), governments often use us primarily as a software provider. In markets with weaker currencies, higher inflation, or tighter public budgets, the model becomes more f…
…and disruptions to transportation." The agency also cautioned that "temporary power and telecommunications outages may occur in affected areas, while poor visibility during intense rainfall could pose risks to motorists and aviation operations." The forecast further highlighted the potential for waterlogging of farmlan…
…in the privacy ecosystem, including regulators, businesses, financial institutions, telecommunications companies, media organisations, and ordinary citizens. The goal is for all of us to do what is right for the country. With artificial intelligence and other emerging technologies advancing at a rapid pace, what are th…
…than N39bn in inherited pension liabilities owed to pensioners of the defunct Nigerian Telecommunications Limited, Mobile Telecommunications Limited, Power Holding Company of Nigeria, Assurance Bank, NICON and the defunct People's Bank of Nigeria. According to PTAD, the payments comprised N25.05bn representing a 35-mon…
…found his redundancy was unfair and unlawful. While the dispute involved a multinational telecommunications company, the ruling applies to all employers in Kenya, including venture-backed startups that have shed jobs over the past four years as funding dropped and investors shifted focus to profitability. “It is not en…
…financial services, manufacturing, industrial goods, consumer goods, oil and gas, telecommunications, insurance, fintech and even the SME sector. To support this transition, the Financial Reporting Council has organised over 47 training sessions, workshops and technical engagements, reaching more than 4,500 participant…
Airtel Kenya has appointed Senegalese telecoms executive Djibril Tobe as managing director, a major leadership change as the country’s second-largest mobile operator seeks to build on recent market share gains. Tobe succeeds Ashish Malhotra, who is leaving after four years to become chief executive of Indus Towers Afri…
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…