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Business

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Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

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FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

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Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

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NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

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Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

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Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

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AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

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Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

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Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

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Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

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Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

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Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

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AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

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Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

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Mobile Broadband to Reach 4.3bn Globally in 2017

The new 2017 edition of ITU’s ICT Facts and Figures reveals that mobile broadband subscriptions have grown more than 20 per cent annually in the last five years and are expected to reach 4.3 billion globally by the end of 2017.

Between 2012 and 2017, LDCs saw the highest growth-rate of mobile broadband subscriptions. Despite this, the number of mobile subscriptions per 100 inhabitants in LDCs is the lowest globally at 23 per cent.

The number of fixed-broadband subscriptions has increased by 9 per cent annually in the last five years with up to 330 million subscriptions added.

There has been an increase in high-speed fixed broadband subscriptions parallel to the growth in the number of fibre connections. Most of the increase in high-speed fixed broadband subscriptions in developing countries can be attributed to China, which accounts for 80 per cent of all fixed-broadband subscriptions at 10 Mbit/s or above in the developing world.

  • Mobile broadband is more affordable than fixed broadband

Mobile broadband prices, as a percentage of gross national income per capita, dropped by half between 2013 and 2016.

Mobile broadband is more affordable than fixed broadband in most developing countries.

  • Digital gender divide

While the Internet user gender gap has narrowed in most regions since 2013, the proportion of men using the Internet remains slightly higher than the proportion of women using the Internet in two-thirds of countries worldwide. In 2017, the global Internet penetration rate for men stands at 50.9 per cent compared to 44.9 percent for women.

In the Americas, the number of women using the Internet is higher than that of men.

  • International bandwidth and telecommunication revenues

International Internet bandwidth grew by 32 per cent between 2015 and 2016, with Africa registering an increase of 72 per cent during this period, the highest of all regions.

Global telecommunication revenues declined by 4 per cent from $2.0trillion in 2014 to $1.9trillion in 2015.  Developing countries, which are home to 83 per cent of the global population, generate 39 per cent of the world’s telecommunication revenues.

  • ICTs for the SDGs

ITU’s ICT Facts and Figures demonstrates that ICTs continue to play an increasingly critical role in achieving the global Sustainable Development Goals (SDGs).

“ICTs continue to be a key enabler of economic and social development, bridging the digital divide and fostering an inclusive digital economy,” ITU Telecommunication Development Bureau Director Brahima Sanou. “I am confident that the discussions at World Telecommunication Development Conference 2017 will contribute to the fast-forwarding of countries towards attainment of the SDGs.”

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Topics

CBN: Nigeria’s Food Import Drops by $21bn

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