Contribution of the Information and Communications Technology (ICT) sector have added 15.97 per cent growth to Nigeria’s real Gross Domestic Product (GDP) in Q3 2023, largely driven by the telecommunications industry.
The Executive Vice Chairman/Chief Executive Officer of the Nigerian Communications Commission (NCC), Dr Aminu Maida, said that quality of service in the telecommunications sector is non-negotiable as he called for industry collaboration to make this a reality.
Airtel has assured Nigerians of better 5G offerings and improved mobile money service through its Smartcash PSB. Speaking in Lagos, during a media interaction, Head of B2B Sales, Smartcash PSB, Judith Osiobe, said the service is to ensure financial inclusion on a global scale.
Managing director, Playhouse, Tolu Onile-Ere, has described the creative economy as an essential feature to boost the country’s financial system. In a statement to celebrate playhouse‘s 12th anniversary and the launch of ‘The StoryStoryHub,’ an initiative that celebrates the growing contributions of the digital creative industry to the nation’s economy, Onile- Ere said it was…
Telecoms body, the Global System for Mobile telecommunication Association (GSMA) has said that taxation and other duty levies are seriously impacting smartphone adoption in Nigeria and sub-Saharan Africa (SSA) as a whole. Specifically, GSMA said taxation and duty fees add 10 to 30 per cent to the cost of smartphones depending on the country, across…
The Chairman of MTN Nigeria, Dr Ernest Ndukwe, has said the telecom sector now contributes over 16 per cent to the Nigerian Gross Domestic Product (GDP).
•Tijani seeks more investments in fibre optic cables to boost telephony services • Minister seeks Nigeria’s participation in global AI revolution For improved quality of telephony services across the country, Nigeria needs fresh investments in fibre optics cables of about 95,000km. The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, stated this on…
International Data Corporation (IDC) has said that the global market for telecoms and pay-TV services is on course to grow by three per cent this year to $1.55 trillion, which is mainly driven by inflation (higher tariffs) than surging demand from end users for communications services.
Telecoms operators in Nigeria and other parts of the region are expected to spend $75 billion on their networks from 2023 to 2030, mostly on 4G technology.
The Nigerian Communications Commission (NCC) has reiterated its commitment to further stimulate the development and growth in the Fintech sector through regulatory interventions.
Technology giant, MTN, said it will appeal the ruling by a Lagos State division of the Tax Appeal Tribunal, which ordered it to pay a $47.8 million principal liability in a tax dispute with the Federal Inland Revenue Services.
MTN Nigeria, and Adbot, an ad-tech company, have partnered to bring Thryve Google Ads services to all SMEs on the telecoms network. The collaboration empowers SMEs to enhance their online visibility, taking advantage of the Thryve Google Ads Bundle...