Tuesday, April 28, 2026
32.2 C
Lagos

Business

P+ Beats Three Agencies to Win NSIA Media Intelligence Business

P + Measurement Services Limited - (P+) has won the...

Guinness Nigeria Sweeps 7th Edition of The Industry Awards, Named Most Outstanding Company in Sustainability

L-R: Olukemi Ogunsakin, Head, Corporate Communications, Sustainability & CSR,...

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

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 Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Insurance

Mutual Benefits Pays ₦13.6bn Claims in Q1 2026, Reinforcing Trust in Insurance

Mutual Benefits Assurance Plc has announced the payment of...

Mutual Benefits Customer to Nigerians: Embrace Insurance Because it Works

A customer of Mutual Benefits Assurance Plc, Mr. Abdelhamid...

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

Business

P+ Beats Three Agencies to Win NSIA Media Intelligence Business

P + Measurement Services Limited - (P+) has won the...

Guinness Nigeria Sweeps 7th Edition of The Industry Awards, Named Most Outstanding Company in Sustainability

L-R: Olukemi Ogunsakin, Head, Corporate Communications, Sustainability & CSR,...

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

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 Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Insurance

Mutual Benefits Pays ₦13.6bn Claims in Q1 2026, Reinforcing Trust in Insurance

Mutual Benefits Assurance Plc has announced the payment of...

Mutual Benefits Customer to Nigerians: Embrace Insurance Because it Works

A customer of Mutual Benefits Assurance Plc, Mr. Abdelhamid...

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

MainOne’s West Africa Expansion Boosted by Cote d’Ivoire Licence

As part of its West Africa expansion, connectivity and data centre solutions operator MainOne has secured a license to expand national and international connectivity services in Cote d’Ivoire.

The C1B license, received from Minister Bruno Koné, the country’s Minister for Communication, Digital Economy and Postal Services, will enable MainOne land its trans-Atlantic submarine cable and build transmission infrastructure in Cote d’Ivoire, to strengthen connectivity, reduce international capacity costs and support wholesale customers, major operators and Internet Service Providers.
Cote d’Ivoire authorities believe that the construction of a fourth cable authorised by the government will improve the international connectivity of the country and will provide a lot more opportunities for the national market while increasing competition.

“We have just taken an important step through this authorisation for the improvement of the telecommunication infrastructure of our country, specifically the improvement of international connectivity. MainOne cable will have an impact on price and quality and will strengthen the security of our infrastructure”, declared Minister Bruno Koné.
The entry of MainOne, an open-access connectivity services provider will further democratize the international bandwidth market in Cote d’Ivoire and neighbouring countries and drive down bandwidth costs for local Internet Service Providers, Telcos and indigenous businesses.
“Cote d’Ivoire is the largest economy in the West African Economic and Monetary Union (WAEMU) and a very important hub for business and transport in West Africa. The dynamism of the national economy and accelerated development of the digital economy in Cote d’Ivoire as well as its regional leadership makes it a natural hub for the West African region and guided MainOne’s decision to invest in Cote d’Ivoire”, said Funke Opeke, Chief Executive Officer of MainOne.
As part of an overarching plan to invest close to $20m in Cote d’Ivoire with a focus on the provision of wholesale connectivity services, MainOne has obtained the license and will commence the construction of its digital transmission cable in June 2018, to be concluded in the second half of 2019.

Its cable landing will provide open-access infrastructure within Cote d’Ivoire and other WAEMU countries to expand internet access for all users in the region and support rapid development as well as facilitate increased non-resources trade and improve public services to aid the evolution of regional businesses.
“By investing and encouraging the business ecosystem within West Africa, we hope to bring meaningful technology solutions to businesses, to enable them in their quest for improved productivity and efficiency through dedicated and reliable connectivity services. We are prepared to collaborate with incumbent operators towards enhancing regional integration and global access,” Ms. Opeke concluded.
MainOne is committed to deepening broadband access via fibre infrastructure and data centres across West Africa.

With service delivery in 10 countries including Nigeria, Ghana, Cote d’Ivoire, Burkina Faso, Togo, Cameroun, Benin, Niger, Senegal and Chad, MainOne operates a 100G international submarine cable system which guarantees highly reliable connectivity to support the growing demand for Internet access and bandwidth-intensive applications such as eCommerce, Content providers, OTT players and electronic banking and payment services via 3/4G mobile networks.

The MainOne Submarine cable was the first privately owned cable in West Africa spanning 7000KM with a capacity of 4.96 TBPS to connect West Africa to Europe via a landing in Portugal and multiple routes to London, Paris and Amsterdam.

Hot this week

P+ Beats Three Agencies to Win NSIA Media Intelligence Business

P + Measurement Services Limited - (P+) has won the...

RANKED 2026 Report: Nigeria’s Digital Media Traffic Drops 26% as AI Reshapes News Consumption

Nigeria’s digital media ecosystem recorded a 26.2% decline in...

Mutual Benefits Pays ₦13.6bn Claims in Q1 2026, Reinforcing Trust in Insurance

Mutual Benefits Assurance Plc has announced the payment of...

Unity Bank, Experts Advocate Green Investment, Climate Innovation to Drive Economic Resilience

Nigeria’s retail lender, Unity Bank Plc, alongside leading climate...

Moniepoint Redefines Nigeria’s Agency Banking via Track Record, Unique Services 

Moniepoint Microfinance Bank (Moniepoint MFB) has reaffirmed its leadership...

Topics

Solaris, Knownow, Specxs Win N30m in NCC’s Talent Hunt

Three companies, out of 81 companies that contested at...

2023: Harvard Economist Projects Emefiele as Next Obasanjo

Godwin Emefiele Governor Central Bank of Nigeria It’s not very often that...

SEC: Why We Granted “No Objection” to First Holdco Transaction

The Securities and Exchange Commission (SEC) Nigeria wishes to...

NCDMB: NOGICD Act Not Weakened by Presidential Orders on Oil Sect

The three Executive Orders issued by President Bola Ahmed...

Ecobank Empowers Businesses with Omni Lite Solution

The Managing Director of Ecobank Nigeria, Mr. Patrick Akinwuntan,...

Addressing The Alarming Surge in Financial Fraud in Nigeria

By Elvis Eromosele The financial sector is the backbone of...

Stanbic IBTC Capital, Best Local Currency Bond House at EMEA Finance Awards 2023 

Stanbic IBTC Capital, the investment banking subsidiary of Stanbic...
Exit mobile version