Home / Tag Archives: Association of Telecoms Companies of Nigeria (ATCON)

Tag Archives: Association of Telecoms Companies of Nigeria (ATCON)

Telecoms items may be the first to be delisted from 41 items on CBN’s forex ban

CBN Godwin-Emefiele

Barring any last minute change of plans, strong indication emerged on Thursday that the Central Bank of Nigeria (CBN) is considering delisting all telecoms items which fall under plants and machinery in the 41 items barred from flexible forex access of the apex banks window. A credible source at the bank confided in Business Hilights in an exclusive interview in ...

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ATCON joins sector experts to grow calls for creation of ICT Bank

Atcon Teniola 3

“Currently, it is very hard for a Nigerian bank to give you a more than three year tenure of facility and that means there is a mismatch in between how Nigerian banks deploy their funds and the type and terms of facilities required by Information and Communications technology (ICT) projects. And that is why we say, ICT bank should be ...

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ATCON boss, Teniola reveals how Nigeria lost $30b ICT FDIs to S/Africa

Atcon Teniola 3

The President of Association of Telecoms Companies of Nigeria (ATCON), Engineer Olusola Teniola has listed poor power generating capacity; harsh business climate; foreign exchange volatility; high level corruption, as key factors redirecting Nigerian bond foreign direct investments (FDIs) in Information and Communications Technology (ICT) to South Africa. Otherwise, the listed facilities are better provided in South Africa than Nigeria, even ...

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QoS: Telecoms equipments still missing in new CBN’s list of 36 unbanned items for forex

danbatta

Chances of improvements in the Quality of Service (QoS) by telecoms operators was further dimmed yesterday as the new list of items, for which importers can source foreign exchange (forex) failed to contain telecoms and IT related materials. The Central Bank of Nigeria (CBN) on Thursday published a list of items, for which importers can source foreign exchange (Forex) from ...

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NCC should first compel FG to ease forex for us before any new KPI for QoS—Operators

Some operators in the nation’s telecoms sector have challenged the Nigerian Communications Commission (NCC) to first of all, prevail on the Federal Government to clearly remove telecoms equipment from the list of 41 restricted items before coming up with new Key Performance Indicators (KPIs). The president of Association of Telecoms Companies of Nigeria (ATCON), Engineer Olusola Teniola had during the ...

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Telecoms firms decry suffocation as CBN lifts currency ban for SMEs import window

CBn Emefiele

Chances of Information and Communications Technology (ICT) firms to continue to contribute lion share to the Gross Domestic Product (GDP) of the nation were Thursday again, muzzled as the Central Bank of Nigeria (CBN) lifted ban on currency allocation for SMEs importers of goods worth up to $20,000 per quarter. The apex bank said in a circular on Thursday. Check by ...

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ATCON @ AGM, seeks removal of ICT equipments from 41 items restricted in forex access

ATCON AGM 2017

The Association of Telecoms Companies of Nigeria (ATCON) has traced the observed drop in the level investments in the telecoms sector to the prevailing restriction of forex access to some basic equipment needed in the development of the sector. The group said most of the items needed for the industry are contained in the 41 items currently banned from access ...

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