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Olusola Teniola

10 Jul 2019
The quality of the Internet services offered to the about 120 million users in Nigeria appeared to be retrogressing as confirmed by a report that the country’s download speed has gone from bad to worse in the last three years. Specifically, a UK-based price comparison website, Cable, revealed that the Nigeria’s Internet download speed is…
4 Jul 2019
With Airtel set to list its shares on Friday, on the Nigerian Stock Exchange (NSE), analysts have said that the listing would constitute about 10 per cent of the market capitalisation after Dangote Cement, which has 21 per cent, and MTN with 18 per cent. This is even as other telecommunications companies seeking funds have…
31 May 2019
Following the recent elevation of its founder, Mr. Stanley Jegede, to the position of Board Chairman, Phase3 Telecom has appointed Mr. Olusola Teniola as the new Chief Executive Officer.
29 May 2019
Telecommunications operators have called for a downward review of the Annual operating Levy (AoL) charged by the Federal Government through the Nigerian Communications Commission (NCC). The operators, under the aegis of Association of Telecommunications Companies of Nigeria (ATCON), said the figure, which is 2.5 per cent of their yearly revenue, should be slashed to 1.5…
24 May 2019
As focus in telecommunications services are shifting towards data which requires investment in infrastructure, stakeholders have urged...
10 May 2019
The Association of Telecommunications Companies of Nigeria (ATCON), has called on the Buhari-led Federal Government to remove bottlenecks that hinder foreign direct investment (FDI), in the ICT sector by addressing issues of multiple taxes and regulation to boost investments into the country.  ATCON also called for the passage of the Critical Infrastructure Protection Bill into law, to recognise…
8 May 2019
The United Nation expects half of the world’s population to be connected to the Internet by the end of 2019 at the latest. This leaves the other half – an estimated 3.8 billion people – unconnected and unable to benefit from key social and economic resources in the expanding digital world. But to bridge this…
7 May 2019
South African telecommunications firm, MTN, yesterday moved closer to the planned listing of its shares on the Nigerian Stock Exchange...
7 May 2019
The Association of Telecommunications Operators of Nigeria (ATCON), said mergers and acquisitions (M&A) in the telecoms...
22 Apr 2019
Global statistics on fixed line telephony from the International Telecommunications Union (ITU), revealed that as at 2000, Nigeria had 553,374 fixed telephony lines. Interestingly, the number went up to 1,050,237 by 2010, but it started the journey to extinction by 2011, falling to 719,406 users.
17 Apr 2019
As part of efforts targeted at mitigating and possibly eliminating the various security challenges occasioned by fraudulently-activated Subscriber Identity Module (SIM) cards in the country, the Nigerian Communications Commission (NCC) has been exploring different regulatory interventions and striking collaborations with necessary agencies and stakeholders in the country. A pre-registered SIM card is a fraudulently-activated or…
5 Apr 2019
The Federal High Court, Abuja, has set aside the sale of Etisalat (9mobile) to Teleology Nigeria Limited. Justice Binta Nyako in a ruling yesterday also voided all steps taken on the exchange of ownership of Etisalat, in spite of pending orders for the maintenance of status quo...

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32 mins ago
The Nigeria Customs Service (NCS) Lagos Industrial Command on Thursday gave companies not yet registered for payment of excise duty under its command 14-days to comply or face sanctions.
56 mins ago
Lagos State Governor, Mr Babajide Sanwo-Olu, has won the All Progressives Congress governorship ticket to run in the 2023 election. At the end of the primary election spearheaded by the Electoral Committee Chairman, Mr Adamu Shettima Yuguda, Sanwo-Olu scored 1170 votes though he was unopposed as the two other candidates who bought forms were not…
1 hour ago
The Federal High Court, Abuja, on Thursday, stopped the Independent National Electoral Commission (INEC) from recognizing or accepting ad hoc delegates produced by Gov. Godwin Obaseki’s faction of the People’s Democratic Party (PDP) in Edo.
2 hours ago
Hollywood actor Kevin Spacey is facing sexual assault charges in the UK, police and prosecutors said on Thursday, after a review of allegations against him. The two-time Oscar winner for "The Usual Suspects" and "American Beauty" was artistic director of The Old Vic theatre in London between 2004 and 2015. Allegations against him first emerged…
3 hours ago
Elon Musk notified US regulators on Wednesday that he will rely less on loans in his bid to buy Twitter, as he and partners put $33.5 billion into the deal.