Saturday, January 17, 2026
34.7 C
Lagos

Business

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

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

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

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

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

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Insurance

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

GCR Ratings (GCR) has upgraded NEM Insurance Plc’s national...

Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

The Board and Management of Sovereign Trust Insurance Plc...

Business

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

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

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

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

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

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Insurance

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

GCR Ratings (GCR) has upgraded NEM Insurance Plc’s national...

Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

The Board and Management of Sovereign Trust Insurance Plc...

SVP 2021-2025 is Catalyst for 5G, Broadband Penetration, Telecom Infrastructure-Danbatta

The Nigerian Communications Commission (NCC) says its Strategic Vision Implementation Plan (SVP) 2021 -2025 which was unveiled on September 7, 2021 was meant to speed up Broadband penetration, 5G deployment and rapid development of telecom infrastructure in Nigeria.

Professor Umar Danbatta, Executive Vice-Chairman/CEO, Nigerian Communications Commissions (NCC) said at the 2022 Annual Conference of the Guild of Corporate Online Publishers (GOCOP) in Lagos that the SVP 2021-2025 Plan has five major items namely:

  • Organisational Renewal for Operational Efficiency and Regulatory Excellence;
  • Facilitating the Provision of Infrastructure for a Digital Economy which fosters National Development;
  • Promoting Fair Competition, Inclusive Growth, Increased investment and Innovative Services;
  • Improve Quality of Service (QoS) for Enhanced Consumer Quality of Experience (QoE); and
  • Facilitating Strategic Collaboration and Partnership.

Danbatta, who was represented by Mrs. Nnenna Ukoha, Deputy Director at the NCC, emphasised that the Plan will lead to sustained implementation of the Nigerian National Broadband Plan 2020 – 2025, increase Broadband penetration which was 44.65 percent as at August 2022 and support the deployment of optic fibre cable using the infrastructure company (InfraCo) Project under the Open Access Model.

“The Commission has instructed all licensees to commence immediate rollout without recourse to counterpart funding since the licence is independent of the counterpart funding agreement.”

On 5G deployment, the NCC EVC/CEO said the Commission already licensed two operators (MTN and MAFAB) for the two available slots (3.5-3.6 GHz & 3.7-3.8 GHz bands) respectively, generating a total revenue of $563.1 million in the process.

Danbatta stated that NCC is working towards the establishment of the Nigeria Office for Developing the Indigenous Telecom Sector (NODITS), implementing government directives on local production of Sim cards in Nigeria and review of other regulations of the ICT and digital economy sector.

A key element in the NCC Strategic Plan, according to the Commission, is active collaboration with relevant stakeholders and partners for sustainable growth of the telecom sector in Nigeria.

The NCC Chief cited the participation of the Commission at the GOCOP Annual Conference 2022 as an example of such partnership, in addition to recent signing of Memorandum of Understanding (MoU) with the Federal Inland Revenue Service (FIRS) and Nigerian Security and Civil Defence Corps (NSCDC) amongst others.

“Last week, the Commission inaugurated a joint committee with the National Lottery Regulatory Commission (NLRC) to address issues about the operation of mobile lotteries to protect the interest of telecom consumers.”

Going forward, the Commission said it has equally embarked on other initiatives such as provision of funding for telecoms R&D to universities and Academia in the last five years, endowment of two professorial chairs in two Nigerian universities, disbursed over N500 million to universities for telecom research in addition to annual grants in telecommunications fields, developed a database of all tech hubs in Nigeria across the six geopolitical regions and provided sponsorship for young local innovators to ITU Telecom Worlds in Thailand & South Korea.

 

Hot this week

State Police and the Questions Nigeria Can No Longer Avoid

By Tosin Osasona Nigeria’s post-1999 democratic era has coincided with...

NESG Hosts 2026 Macroeconomic Outlook, Highlights Growth Prospects, Reform Consolidation

L-R: Mr. Omoboyede Olusanya, Vice Chairman II, Nigerian Economic...

Rand Merchant Bank Nigeria Acts as Lead Issuing House on the N236bn PRESCO Rights Issue

Rand Merchant Bank Nigeria Limited is pleased to announce...

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

Aviation: Five Key Risks That Will Shape 2026

By Marie Owens Thomsen Senior Vice President, Sustainability & Chief...

Topics

Dangote Refinery is a Continental Game Changer – Gov Adeleke

The Executive Governor of Osun State, Senator Ademola Adeleke...

EZ37 Solutions to Hold International Conference on Coaching for Sustainable Impact

EZ37 Solutions Limited, a leading human resource and management consulting...

Africa’s Economy: International Confab Holds October 22 in USA

An International Conference with the theme, Africa's Economy: The...

Africa Power Vision Plans to Electrify 80% of Households by 2040

Africa’s electrification recently welcomed a new advocate, Africa Power...

NDIC Seeks Stakeholders’ Input to IADI Core Principles for Effective Deposit Insurance

The Nigeria Deposit Insurance Corporation (NDIC) has called for...

Former NAN Director Loses Mother Aged 101

The death has occurred of Madam Victoria Ibironke Ponle...

Stanbic IBTC Bank Nigeria PMI: Output Returns to Growth but Inflationary Pressures Remain

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

Renmoney Partners Freshworks on Better Customer Engagement

Renmoney one of Nigeria’s leading fintech companies, has deployed Freshworks customer engagement...
Exit mobile version