For the first half of the year, telecommunications operators added 8.9 million subscribers to the country’s network.
Telecommunications operators recorded 2.09 per cent growth in the first quarter of 2022, Nigerian Communications Commission (NCC) has disclosed.
Majority of Nigeria’s population are unbanked. However, digital adoption via mobile phone subscriptions, continue to exceed the number of active bank accounts in the country. Today, Nigeria has a 90% mobile phone penetration rate. This reality is a key driver for the growing convergence of mobile, payments and financial service providers. This convergence creates a…
Following the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN Nigeria’s fintech subsidiary, MoMo Payment Service Bank...
A new wave of competition for the retail segment of banking has been activated with MTN and Airtel eyeing a large chunk of the market that has sustained the profitability of many Deposit Money Banks (DMBs) for decades.
Checks by The Guardian show that in the first quarter of 2022, activities around porting declined sharply with subscribers opting for new SIMs.
Telecommunications service provider, Airtel Nigeria, has announced a major upgrade and overhaul on its network infrastructure nationwide in a move to ensure it's over 50 million
Nigeria’s Internet speed has been ranked 16th of the 46 countries examined on the continent, with Morocco, South Africa and Tunisia having the fastest mobile download speeds in Africa.
Some 1.23 million new telecommunications subscribers joined the networks between October and November 2021 in Nigeria. This pushed the country’s teledensity from 100.56 per cent...
22 Dec 2021
Despite not emerging as one of the winners of the 3.5GHz spectrum for the deployment of Fifth-Generation (5G) network in Nigeria, Airtel has reiterated its commitment towards the enthronement of a robust broadband regime in the country.
2 Dec 2021
The Nigerian Communications Commission has announced that three telecoms companies have qualified as approved bidders of the forthcoming 3.5 gigahertz spectrum auction for the deployment of Fifth-generation networks in the country.
6 Nov 2021
The Central Bank of Nigeria (CBN), yesterday, granted approval in principle for Payment Service Bank (PSB) licenses to MTN Nigeria and Airtel Africa.