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MTN raises economic interest in HIS InterCo to 29%

MTN logo

As part of its consolidation drive this year, leading data and voice Telecom Company, MTN Nigeria is set to exchange its 51% interest in Nigeria Tower InterCo, the parent company of telecom tower operator INT Towers, for an additional shareholding in IHS Holding. According to MTN, the transaction means its economic interest in IHS Group will increase from approximately 15% ...

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Review NPC Act to make census mandatory every 10 years—Dev. Economist

Census 2006

As many Nigerians were gearing up for a national census in 2016, federal government all of a sudden quashed the plan and shifted it to this year. Only last week, federal government, again shifted the scheme to 2018. The last census in Nigeria was in 2016, under former President Olusegun Obasanjo administration. Speaking to Business Hilights in an exclusive interview, ...

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FG pushing rural-based solar electrification, lights up Abuja suburb communities

Osinbajo buhari

The federal government has commissioned 200 solar powered homes in Abuja suburb as part of initiative to push rural electrification. Vice President, Prof Yemi Osinbajo while speaking during the commissioning of the scheme tagged ‘Beyond the Grid’ at Wuna Community in Gwagwalada Area Council of the FCT said the initiative is part of the plans of the President Muhammadu Buhari ...

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Telecoms subscribers’ base rising as contribution to GDP drops—NBS Report

NCC Danbatta

Latest report by the National Bureau of Statistics (NBS) released Wednesday has shown a serious drop in telecoms contribution to the Gross Domestic product (GDP) as earnings decreased by 1.8 per cent from the N1.58 billion in the previous quarter to about N1.4 billion in fourth quarter of 2016. The report titled “Nigeria Telecommunications Sector Summary Report”, revealed that the ...

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Trend-provoking Zinox smartphone coming soon—Ekeh

Zinox Ekeh NITRA

Pioneer indigenous investor in Nigeria’s Information and Communications technology (ICT) industry and chairman of Zinox Group, Leo-Stan Ekeh has hinted about his planned introduction of game-changing smartphone into the market as soon as possible. In an interview with a Nigerian news medium, Technology Times, the Imo State-born Indian trained technocrat said “We are launching our smartphone brand into the Nigeria ...

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Drop in African internet usage, a minus for connecting the unconnected

As many crusaders of internet uptake continue to decry the observed drop in internet usage, especially in major economies of Africa including Nigeria and South Africa, they have expressed fears on what will encourage the connection of yet to be connected people. Latest report of the 2016 Global Internet Report released by the Internet Society said internet users in Africa ...

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‘Tech on Wheels with CFA’ expands programme to Solid 100.9 FM Enugu, others

Leading radio and television technology awareness programme, Tech on Wheels with CFA is currently expanding access to information to Nigerians with programmes now on more radio stations and TV stations across the federation. In a statement by the group in Lagos, it said “In furtherance to deepen its effort in educating Nigerians on the impacts and the trends of technology, ...

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Lawyer sees FG’s ‘Eavesdropping’ Satellites launch as invasion of citizens’ privacy

Satellite orbit

Vocal human rights lawyer and crusader, Chief Andrew Osagie has described plans by the federal government to build and implant in the orbit, a new satellite with capacity to eavesdrop, capture signals from all telecommunication installation in areas it is tasked to cover. According to him, “What this means is that things like voice calls, video calls, e-mails can be captured ...

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NCC must stick to its CCG to track networks on transparency—NATCOMS

NCC Danbatta

The President of National Association of Telecommunications Subscribers of Nigeria (NATCOMS), Chief Deolu Ogunbanjo has called on the telecoms regulator, the Nigerian Communications Commission (NCC) to rise to the challenge of monitoring and compliance of operators in the sector in line with the provision of the telecoms Code of Corporate Governance (CCG). Business Hilights recalls that NCC under the leadership ...

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Ecobank steps up ‘Fintech Challenge’ with $500,000 prize money

To grow Nigerian youth’s fortunes on financial technology (FinTech), pan African bank, Ecobank has established a special prize fund to be won by developers and innovators with bright ideas for financial technology in a contest coming up soon. The deal is designed to assist emerging techpreneurers share their vision of creating Africa’s next big fintech solution with them. Already, the ...

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