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Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

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Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

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Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

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

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

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SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

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SEC DG: Digital Assets Represent $10tn Opportunity by 2030

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Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

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Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

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Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

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Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

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Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

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FG Boosts MSME Financing with NCGC Initiative

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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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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

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SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

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Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

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Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

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Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

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Sovereign Trust Insurance Celebrates 2025 Customer Service Week

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Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

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Visafone Test-runs 4G LTE Internet to Deepen Broadband Services

Visafone, MTN Nigeria’s subsidiary has began the test-run of its Fourth Generation Long Term Evolution (4G LTE) Internet technology service for smartphone users.
The launch of 4G LTE services by the merged entity of MTN and Visafone will roll-out superior high-speed internet services in major cities, empowering Nigerians with the latest mobile Broadband technology which is expected to drive broadband penetration in the country from under 10 percent presently to the targeted 30 percent by 2018, in line with the Federal Government’s broadband plan and target.
According to MTN Executive, Amina Oyagbola, the company is determined to deepen Broadband penetration in the country.
“Our recent license acquisition further demonstrates our faith in the future of Nigeria. We believe in supporting the positive transformation of Nigeria and we have demonstrated this belief through the level of our investment since 2001, which currently stands at approximately $16 billion,” she said.
Speaking to the specifics of the test-run and subsequent launch, General Manager, Consumer Marketing, MTN Nigeria, Richard Iweanoge, disclosed that the 4GLTE technology will be launched with the sole objective of providing Nigerians with the best, fastest and most competitive ICT services for all stakeholders.
“We are pleased to set the pace once again as we break new boundaries with this test run, which will be available for now for our Visafone customers, who are provisioned on the 800Mhz band. When we roll-out fully, especially with our 2.6Ghz spectrum, the launch will help to enhance customer experience for our over 60 million subscribers, while ensuring greater coverage, access, affordability and ultimately a smart lifestyle for everyone,” he said.
The 4GLTE roll-out is a demonstration of the company’s commitment to accelerate the achievement of the country’s targeted broadband penetration by 2018.

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Topics

Economic Diversification, Non-oil Export Growth Back on the Front Burner

A peaceful outcome of the 2015 presidential election was the desire of the generality of Nigerians and the international community. Thankfully, we got it; and more. President Goodluck Jonathan converted his loss of the election to something remarkably positive for the country and for his legacy. His concession of defeat and early call to congratulate General Muhammadu Buhari, who emerged as President-elect, is surely an indelible mark in our strides to entrenching a democratic culture in Nigeria.

RMB Nigeria Recognised as Top Employer in Nigeria for 2025

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Why African Insurers Must Adopt ESG l for Sustainable Growth-ICEA LION Group

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Red Star Express to Host SME 1000

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Africa50 Appoints Alain Ebobissé as CEO

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Banks’ Non-Performing Loans Top N1.6Tr in June 2016

Banks operating in Nigeria accumulated non-performing loans of over...

UNDP @ 50: ‘World Must Step Up to Beat Poverty by 2030’

Meeting the Sustainable Development Goals (SDGs) is only possible...

NCC Decries Proliferation of Substandard Handsets in Nigeria

Worried by the continuous proliferation of substandard mobile phones...
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