Tuesday, March 3, 2026
27.1 C
Lagos

Business

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

UAC of Nigeria Plc has announced its unaudited financial...

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

NGX GMD, Temi Popoola, Seeks Collaborative Alignment to Drive Sustainable Capital at IFC Confab

Temi Popoola, Group Managing Director and Chief Executive Officer...

AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

 KEYNOTE SPEECH BY THE CHAIRMAN OF THE NIGERIA EXCHANGE...

Transcorp, DMO, MTN, Dangote Cement, CardinalStone, among Winners at NGX Made of Africa Awards

Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel...

Insurance

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

Sovereign Trust Insurance Spreads Love with Fire Safety Drive

On Valentine's Day, Sovereign Trust Insurance Plc showed its...

Mutual Benefits Begins 2026 with ₦5.9bn January Claims Settlement

Mutual Benefits Assurance Plc, a leading Nigerian insurance company,...

Love That Protects: AIICO Takes Valentine’s Message to the Streets

In a vibrant twist to this year’s Valentine’s Day...

Business

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

UAC of Nigeria Plc has announced its unaudited financial...

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

NGX GMD, Temi Popoola, Seeks Collaborative Alignment to Drive Sustainable Capital at IFC Confab

Temi Popoola, Group Managing Director and Chief Executive Officer...

AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

 KEYNOTE SPEECH BY THE CHAIRMAN OF THE NIGERIA EXCHANGE...

Transcorp, DMO, MTN, Dangote Cement, CardinalStone, among Winners at NGX Made of Africa Awards

Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel...

Insurance

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

Sovereign Trust Insurance Spreads Love with Fire Safety Drive

On Valentine's Day, Sovereign Trust Insurance Plc showed its...

Mutual Benefits Begins 2026 with ₦5.9bn January Claims Settlement

Mutual Benefits Assurance Plc, a leading Nigerian insurance company,...

Love That Protects: AIICO Takes Valentine’s Message to the Streets

In a vibrant twist to this year’s Valentine’s Day...

MainOne, Facebook Unveil Open-access Fiber Network in Nigeria

MainOne has announced a metro fiber infrastructure project in two states of Nigeria, with support from Facebook. The infrastructure collaboration is part of Facebook’s efforts to connect more people to Broadband Internet.

As part of this project, MainOne is building and operating approximately 750 km terrestrial fiber infrastructure in Edo and Ogun States, two of Nigeria’s fastest growing states.
These open-access transport networks will provide metro fiber connectivity to reach more than 1,000,000 people in Benin City, Abeokuta, Sagamu and 10 other towns by connecting mobile operators’ base stations, Internet Service providers, Points of presence (POPs), and public locations including schools and hospitals.

This partnership will leverage MainOne’s strength as a wholesale Telecoms Infrastructure service provider with investment from Facebook and support from local regulatory and state authorities to further deepen broadband penetration in Nigeria.
Speaking on the partnership, Ibrahima Ba, Network Investments Lead for Emerging Markets at Facebook, said: “We are working closely with MainOne and other partners to accelerate broadband deployment. In Nigeria, we are bringing together Facebook’s learnings from scaling our global infrastructure with MainOne’s knowledge of the local environment to develop and test new working models for multiple operators to access common infrastructure.”
Funke Opeke, MainOne’s Chief Executive Officer, lauded the collaboration and the commitment of Facebook and authorities in Nigeria to improving broadband penetration across the country. Commenting on the partnership, she added:

“MainOne has always been committed to broadband innovation, job creation, as well as growing the digital economy of West Africa. We believe that this partnership and the open-access network we have developed will be beneficial to improving the quality of access and accelerating the digital transformation in Ogun and Edo States.”

Hot this week

NCDMB: Remittance of 1% Nigerian Content Levy Still Mandatory

The Nigerian Content Development and Monitoring Board (NCDMB) on...

NCDMB Builds Capacity in Health Sector, Donates Hi-tech Equipment, Simulators to Bayelsa Medical University

A state-of-the-art Clinical Skills and Simulation Laboratory, fully equipped...

NCDMB Holds Lagos Midstream Workshop, Charges Operators on Compliance, New Policies

The Nigerian Content Development and Monitoring Board (NCDMB) has...

Stanbic IBTC Bank Nigeria PMI: New Orders Return to Growth, Inflation Eases to Lowest in Six Years

The Nigerian private sector returned to growth in February,...

Topics

Retirement: 6 in 10 Americans Lack $500 Savings

A report by CNNMoney says nearly six in 10...

UN, Sterling One Foundation Lead Coalition Ahead of ASIS 2025

L–R: Mohamed Malick Fall, Assistant Secretary-General and United Nations...

FG to Empower Businesses with N1.4tn in 2026 via Tax Reform

Mr. Taiwo Oyedele, Chairman of the Presidential Committee on...

COVID-19: Stanbic IBTC Urge Nigerians to Maintain Strong Mental Health

  Dr. Sylvanus Jatto Amidst the outbreak of the coronavirus (Covid-19)...

NLNG, CORA Showcase The Nigeria Prize for Literature Longlist of 11 Playwrights

Andy Odeh, NLNG’s GM External Relations & Sustainable Development...

Dufil Prima Foods Strengthens Primary Health Care with Donation of Medical Equipment

L-R: Assistant Medical Officer of Health, Rauf Aregbesola Primary...

NCC Declares Sept 14 as Final Deadline for NIN-SIM Linkage Compliance

The Nigerian Communications Commission (NCC) is pleased to announce...

Ghana: AfDB Approves $23.04m for Modern Floating Dock Facility

  The Board of Directors of the African Development Bank...
Exit mobile version